12/03/2014 – Canadian Dollar

Issued: 12/02/2014

Dec. Canadian dollar:

1. Any touch and daily close above $87.48 – $87.42 in the Dec. Canadian dollar places the market in a ‘Buy’ position for a tradable advance and test/attempt at $88.20 (or higher) into Thurs., Dec. 5 (+/-1 day). Today’s session low has been $87.51, so far.

2. Should the Dec. Canadian dollar be unable to touch $87.48 – $87.42 the above ‘Buy’ position remains valid.

3. Once long, a protective sell stop should be placed at $87.28. This stop will be moved higher as the market continues to confirm. Will update.

David Williams

Issued: 12/03/2014

Dec. Canadian dollar:

1. Yesterdays (Tues., Dec. 2) Dec. Canadian dollar report indicated a ‘Buy’ position/new long entry upon any touch and daily close above $87.48 – $87.42 for a tradable advance and test/attempt at $88.20 (or higher) into Thurs., Dec. 5 (+/-1 day). It was also noted that if the Dec. Canadian dollar was unable to touch $87.48 – $87.42 the by position remained valid.

2. Those long based upon the above should partial positions at current prices (current price, $87.83). Will update.

David Williams

Issued: 12/03/2014

Dec. Canadian dollar:

1. Our protective sell stop in the Dec. Canadian dollar has been raised $87.70. This stop will continue be moved higher as the market continues to confirm.

David Williams

Issued: 12/04/2014

Dec. Canadian dollar:

1. We remain long the Dec. Canadian dollar between $87.65/$75. Partial long position exit was messaged at $87.83.

2. Today’s (Thurs. Dec. 5) session continued higher and attempted the $88.20 final upside target (today’s session high, $88.16, so far). It is assumed that a secondary long position exit occurred at/near $88.20. If not, continue holding for the possibility of a further test and completion of $88.20 (or higher).

3. For those remaining long, our protective sell stop has been raised to $87.75. This stop will continue to be moved higher as the market continues to confirm.

David Williams

Issued: 12/04/2014

Dec. Canadian dollar:

1. Today’s Dec. Canadian dollar continued its decline after attempting the forecast upside target at/near $88.20 due today, Thursday Dec. 5 (+/-1 day).

2. Our recently adjusted $87.75 protective sell stop was hit during the decline, resulting in a successful trade. Will message any further entry or indication in the Dec. Canadian dollar.

David Williams