10/16/2017 – Euro
December euro:
1. In Fridays (10/13) Williams edge live meeting it was noted that a daily close in the December euro below $119.15 could be sold short for decline to $118.22 expected into Monday 10/16.
2. Subsequently, the December euro closed the day at $118.59, (below $119.15, indicating new short entry). The market declined and on Monday 10/16 completed the $118.22 downside target (swing low, $118.19). This successfully completes the forecast/trade. Will message any further entry or indication in the December euro.
David Williams
CFTC RULE 4.41 – HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.