Trading Edges That Last
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Forex majors has a very consistent characteristics across them all. Namely, the likelihood of tagging the midpoint of a week in the week right after. The overall statistics across all ...READ MORELawrence's Comment Recap Consolidated around previous week close in reduced range. Situation in Ukraine put a leash on the majors. Closed the week below Y+1 and near midpoint. Outlook Volatility should pick up later ...READ MOREIntraday Cycle Projection (USDJPY) 2021-04-26USDJPY Apr 17 to Apr 21 Outlook3DP Odds Table (USDJPY) 2013-12-113DP Odds Table (USDJPY) 2022-01-03Forex Weekly Bias: Range Expansion vs. Midpoint Probability3DP Odds Table (USDJPY) 2013-01-07Intraday Cycle Projection (USDJPY) 2013-10-303DP Odds Table (USDJPY) 2018-03-16USDCAD Mar 17 to Mar 21 OutlookIntraday Cycle Projection (USDJPY) 2011-08-24
As Featured In
USDJPY Nov 02 to Nov 06 Outlook
Lawrence’s Comment
Consolidation at 50% previous week range. Pullback to support mentioned last week. Y-0 acting as support sent ninja up for a retest of Y+1. Closed the week above Y-0 and below midpoint.
Outlook
Consolidation without breaking Y-0 is sign of strength. As long as Y-0 / B-1 holds, ninja can push higher to clear B+1 / Y+1 with B+2 target.
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