10/27/2017 – Soybeans
November soybeans:
1. In Tuesdays (10/24) Williams edge live meeting it was noted that November soybeans could be sold short between $9.83/$.86 for a tradable decline to $9.71/$.70.
2. Subsequently, November soybeans advanced to $983.20, prompting new short entry at the lower end of the short selling range. November soybeans then declined and completed the $9.71/$70 downside target on Thursday 10/26. This successfully completes the forecast/trade. Will message any further entry or indication in the November soybeans.
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.