Trading Edges That Last
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Lawrence's Comment Recap Got the retest of Y+1 early in the week. Y+1 breached easily points to more upside. Previous week close acted as support on pullback and voila we got Y+2. ...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 MOREGBPUSD Jun 03 to Jun 07 OutlookPrecog Vision – Forex 2011-12-5Precog Vision – Forex 2019-10-7Hot n Cold (USDJPY) 2015-6-26Precog Vision – Forex 2018-12-10USDJPY Jan 30 to Feb 03 OutlookPrecog Vision – Forex 2021-10-15USDJPY Nov 18 to Nov 22 OutlookPrecog Vision – Forex 2015-12-24Hot n Cold (USDJPY) 2017-11-24
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USDJPY Sep 02 to Sep 06 Outlook
Lawrence’s Comment
Tried to hold Y-0 and failed. Flushed down to Y-1 and found support. Bounced back up above Y-0 and stuck there since. Closed the week above Y-0 and midpoint.
Outlook
Y-1 was rejected decisively. That points to a retest of the other extreme Y+1 quickly as long as the midpoint / Y-0 area acting as support.
Ninja was partially affected by the events in Syria at the moment thus it will swing more in sync with the other majors against US dollar as oppose to doing its own thing.
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