Trading Edges That Last
- You May Also LikeFor 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 MORE
Lawrence's Comment Recap Consolidated around Y+1. Less than 50% range of week prior to last. Closed the week below Y+1 and midpoint. Outlook ES is weaker than NQ. It is structurally much weaker ...READ MORELawrence's Comment Recap Moved higher to 1.12 as expected. A steep pullback to Y-0 too as if following the script. Y-0 support gave us a run to 100% absolute range expansion. Closed ...READ MORELawrence's Comment Recap The bounce back to B-0 was expected but you cannot predict the time that the governments would take action in the scale like last week. The interesting ...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 2014-10-7Intraday Cycle Projection (EURUSD) 2011-12-19S&P 500 Feb 13 to Feb 17 OutlookUSDCAD Oct 06 to Oct 10 Outlook3DP Odds Table (EURUSD) 2017-06-01Intraday Cycle Projection (EURUSD) 2022-05-043DP Odds Table (EURUSD) 2012-09-26GBPUSD May 25 to May 29 OutlookEURUSD Dec 05 to Dec 09 OutlookPrecog Vision – Forex 2011-4-22
As Featured In
EURUSD Jul 14 to Jul 18 Outlook
Lawrence’s Comment
Breached Y-1 in the beginning of the week but did not stay below. Bounced to Y-0 and stopped there as usual. Sold back down to Y-1. Closed the week below Y-0 and midpoint.
Outlook
Confirmed weaknesses in place but no confirmation of down trend on daily. Frustrating? Yes. But one has to understand that it is normal for summer with market movement like this.
More downside is expected. Breaking of B-1 forcefully will give us B-2 and B-3 eventually.
Share