Trading Edges That Last
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Lawrence's Comment Recap Easiest play last week. Failed right at resistance and then collapsed. Got Y-2 in 1 go and no strength to recover since. Y-3 extended target tagged and bounced. Closed ...READ MORELawrence's Comment Recap Just like Dow, everything was pointing to lower prices, yet Y-1 was rejected forcefully in the beginning of the week. That gave us a clue that there ...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 Took out 0.9 right from the beginning of the week. Then 1-2-3 buy gave us the breakout above Y+1 necessary for a run to Y+2. Aussie tagged Y+2 and ...READ MORELawrence's Comment Recap Tried to move higher but the price action was just too weak. Bear flag top gave us a flush back down to my downside target Y-2. Closed the week ...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 MOREUSDCAD May 12 to May 16 OutlookNasdaq 100 Sep 10 to Sep 14 Outlook3DP Odds Table (GBPUSD) 2014-04-253DP Odds Table (GBPUSD) 2020-10-02Precog Vision – Forex 2016-1-1Intraday Cycle Projection (GBPUSD) 2015-09-21AUDUSD Sep 09 to Sep 13 OutlookIntraday Cycle Projection (GBPUSD) 2018-02-08EURUSD May 13 to May 17 OutlookPrecog Vision – Forex 2014-4-22
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GBPUSD Mar 02 to Mar 06 Outlook
Lawrence’s Comment
Pushing higher as expected and get near Y+2 before stalling. Closed the week above Y-0 and near midpoint.
Outlook
Signs of exhaustion in the up trend points to potential consolidation or a steep pullback in the making. Latter case requires Y+1 acting as resistance to send cable back down to Y-1 and the all important 1.53 pocket.
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