Trading Edges That Last
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Lawrence's Comment Recap Down trend broken quickly right before the holiday after Y-0 was taken out with ease. That staged a strong push towards Y+2. And fat chance for daytraders ...READ MOREFor more information about this report please refer to the Market Bias Informant pageTrading day for Forex symbols start at around 5 pm ET depending on Daylight Saving Time scheduleREAD MOREPrecog Vision – Forex 2015-7-23AUDUSD Jan 01 to Jan 05 OutlookIntraday Cycle Projection (USDJPY) 2016-08-22Precog Vision – Forex 2020-4-33DP Odds Table (USDJPY) 2013-12-043DP Odds Table (USDJPY) 2011-05-20Dow 30 Jan 07 to Jan 11 OutlookIntraday Cycle Projection (USDJPY) 2016-05-27Precog Vision – Forex 2016-8-23Intraday Cycle Projection (USDJPY) 2011-06-28
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USDJPY Aug 19 to Aug 23 Outlook
Lawrence’s Comment
We got the pop expected from last week. Tagged resistance zone and stalled. Closed the week at Y-0 and above midpoint.
Outlook
Inside week. Holding Y-0 as expected. It is important that ninja take off from B-0 or it will be pressed back down to Y-1 for a retest.
Rally from B-0 points to the prior target of Y+2 still in play. Failing to hold B-0 will make the chart very difficult to read with whiplash potential at B-1 and B+1.
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