Trading Edges That Last
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Lawrence's Comment Recap Gap zone tested and failed to fill the gap. Price breakdown to Y-2. Bounced back to Y-1. Then 100% absolute range expansion to the downside stopped the drop. ...READ MORELawrence's Comment Recap The sarcastic question I asked last week was answered. Dow held previous week close and zoomed higher. Closed the week at Y+3 and week high. Outlook Widest weekly range for quite ...READ MORELawrence's Comments Recap As mentioned during the week in real-time commentaries, this pair tagged its upside target at Y+3 and a retest of Y+1 was due. Right before the week ...READ MOREHot n Cold (USDCAD) 2018-11-303DP Odds Table (USDCAD) 2016-03-143DP Odds Table (USDCAD) 2016-09-21USDJPY Jul 09 to Jul 13 OutlookDow 30 Apr 19 to Apr 23 OutlookNasdaq 100 Mar 21 to Mar 25 OutlookUSDJPY Jan 07 to Jan 11 OutlookDow 30 May 20 to May 24 OutlookGBPUSD Feb 07 to Feb 11 Outlook3DP Odds Table (USDCAD) 2015-11-16
As Featured In
USDCAD May 05 to May 09 Outlook
Lawrence’s Comment
Easy play of the week. Got the breakout to the downside early in the week, run straight down to Y-3 and consolidated since. Closed the week below Y-2 and midpoint.
Outlook
Original daily uptrend was broken but downtrend has not been established yet. As long as Y-1 / B-0 acting as resistance, a retest of B-1 is likely.
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