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 Breakout mode triggered to the downside. Y-3 tagged quickly and extended to Y-4 (also first week of month midpoint) before a bounce. Closed the week above midpoint. Outlook The ...READ MORELawrence's Comment Recap NQ gapped up to my upside target then sold off hard to th below Y-1. Once NQ reclaimed Y-1, it started a strong sequeeze back up to near week ...READ MORELawrence's Comment Recap Previous week close support helped sending ninja higher. Consolidation week actions since. Closed the week near Y+1 and midpoint. Outlook Consolidation around Y+1 after a strong rally is bullish. ...READ MORELawrence's Comment Recap Flushed down to Y-2 and found support. Gapped higher to test Y-1 and stalled. Swinged around Y-1 while waiting for NFP. NFP Friday open held the open gap below ...READ MOREPrecog Vision – Forex 2016-6-29S&P 500 Feb 28 to Mar 04 OutlookEURUSD Aug 24 to Aug 28 OutlookHot n Cold (USDJPY) 2011-12-73DP Odds Table (USDJPY) 2016-02-23Intraday Cycle Projection (USDJPY) 2022-04-293DP Odds Table (USDJPY) 2013-04-12Nasdaq 100 Mar 04 to Mar 08 OutlookUSDJPY Jul 25 to Jul 29 OutlookS&P 500 Oct 05 to Oct 09 Outlook
As Featured In
USDJPY Aug 24 to Aug 28 Outlook
Lawrence’s Comment
3 Pushes Up top as mentioned last week gave us a clean sell off down to Y-2 and waterfall effect carried ninja lower to below Y-3. Closed the week below Y-3 and near week low.
Outlook
The last part of the flush is mainly stop run. A bounce to 123 area is reasonable. Consolidation play around B-1 with reduced range likely.
Share