Trading Edges That Last
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Lawrence's Comment Recap Y-1 never touched resulting in a 1-2-3 buy on 4 hour to go higher. Y+2 tagged before rsistance is found. Closed the week below midpoint and Y+1. Outlook Potential weekly FBO. ...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 2-way play as expected. Y-0 resistance sent price down to near Y-1 and took off from there back up to equal distance from previous week close. Closed the week ...READ MOREPrecog Vision – Forex 2023-4-63DP Odds Table (EURUSD) 2016-03-28USDCAD Oct 14 to Oct 18 OutlookS&P 500 Nov 20 to Nov 24 OutlookPrecog Vision – Forex 2023-3-21AUDUSD Aug 31 to Sep 04 Outlook3DP Odds Table (EURUSD) 2018-01-09USDCAD Mar 09 to Mar 13 OutlookHot n Cold (EURUSD) 2011-12-22Intraday Cycle Projection (EURUSD) 2012-03-05
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EURUSD May 04 to May 08 Outlook
Lawrence’s Comment
Euro weekly bear flag progressed up to Y+2. News shock and discovery of stops sent Euro up to Y+3 and then Y+4. Closed the week above Y+3 and midpoint.
Outlook
Weekly bear flag turned into monthly bear flag / pullback. It will likely be a roller coaster ride from here as lots of trapped longs need to unload above 1.12. A test of B-0 / Y+2 is expected this week.
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