11/01/2017 – Copper

December copper:

1. In Monday’s (10/30) Williams edge live meeting it was noted that a daily close above $310 in December copper could be bought for an advance to $316 expected into Wednesday 11/01.

2. Subsequently, Monday’s session closed above $310 (at $310.95) indicating new long entry. Today (Wednesday 11/01) December copper quickly advanced and completed the $316 upside target (today’s session high, $318.30, so far). This successfully completes the forecast/trade. Will message any further entry or indication in December copper.

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.