10/28/2014 – Copper
Dec. copper:
1. In Mondays (Oct. 27) Williams edge live meeting it was noted that Dec. copper could be bought upon any daily close above $304.15 for an important tradable advance.
2. That same session closed at $305.65 (above $304.15), initiating new long entry for aggressive traders.
3. Today’s Dec. copper continued on the advance, making a session high of $310.90. Partial or final long position exit should be taken at current prices (current price, $310.30. Will message any further entry or indication in Dec. copper as the market confirms.
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.