Trading Edges That Last
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Lawrence's Comment Recap Expectation of very strong reaction materialized. Previous week close acted as support and sparked a strong push of 200% absolute range expansion to the upside. Closed the week above ...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 MORELawrence's Comment Recap Text book STOPD move on this pair again. Broken Y-1 first, meaning more downside is to be expected, then rallied back to the sell zone mentioned last ...READ MORELawrence's Comment Recap 8 to 10 points swings several times in RTH and in AH as expected. Taking out Y+1 but not quite Y+2 means a retest of Y+0 in ...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 MORELawrence's Comment Recap Classic seasonal bias for the last two weeks of the year is mild positive gain, so it is not as bad as many thinks about the selloff into end ...READ MOREIntraday Cycle Projection (EURUSD) 2017-12-12USDJPY Jul 18 to Jul 22 OutlookPrecog Vision – Forex 2018-11-30EURUSD Feb 14 to Feb 18 OutlookUSDCAD May 30 to Jun 03 OutlookS&P 500 Feb 21 to Feb 25 Outlook3DP Odds Table (EURUSD) 2022-10-18Hot n Cold (EURUSD) 2019-1-4Precog Vision – Forex 2016-4-19Dow 30 Jan 05 to Jan 09 Outlook
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EURUSD Sep 23 to Sep 27 Outlook
Lawrence’s Comment
Opened above Y+1. No FBO as Euro stayed above Y+1 all the way til its breakout move to Y+4. Consolidated since. Closed the week above Y+3 and midpoint.
Outlook
Unusual breakout move last week made it difficult to project the direction this week. Notice that it was not a strong move going higher. Euro essentially jumped from Y+1 to Y+3 and finally stopped at Y+4.
A pullback is normal with target below B-0. From there if Y+2 to B-0 zone acting as support, a retest of B+1 likely.
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