Trading Edges That Last
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It has been a year since I published the Quid Piker trading system for British Pound. I guess it is a good time to review the model and discuss about ...READ MORELawrence's Comment Recap Bullish scenario unfolded. Held Y-0, gave us Y+2 and no pullback since as gold strengthen at the same time. Aussie could not stop going higher until 200% range expansion. ...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 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 2014-11-7Precog Vision – Forex 2013-1-18Intraday Cycle Projection (EURUSD) 2013-06-263DP Odds Table (EURUSD) 2013-02-13Update on Quid Piker the British Pound TradingIntraday Cycle Projection (EURUSD) 2017-12-21AUDUSD Apr 14 to Apr 18 OutlookPrecog Vision – Forex 2020-9-25Precog Vision – Forex 2018-3-233DP Odds Table (EURUSD) 2022-09-29
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EURUSD Mar 10 to Mar 14 Outlook
Lawrence’s Comment
My comments for euro last week did not show up properly. What I was looking for was normal breakout follow through since last week was outside week with close above the range of the week before.
Anyway, strong pullback to Y-0 first holding the zone. Then the usual stupidity from ECB and EU led to an all out squeeze up again to tag Y+1. Euro could not stop until hitting Y+2. Closed the week above Y+1 and midpoint.
Outlook
This 2nd squeeze up created a void that has to be filled. As long as B+1 is acting as resistance, euro will have to backfill the zone down to B-0 and slightly below.
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