Trading Edges That Last
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Lawrence's Comment Recap Pushed higher to the resistance zone as mentioned last week and sold off from there. Gapped down to Y-0 eventually but buying below forced ES back up. Closed the ...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 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 MORE3DP Odds Table (USDJPY) 2018-04-10Precog Vision – Forex 2023-4-13S&P 500 Mar 28 to Apr 01 OutlookIntraday Cycle Projection (USDJPY) 2014-05-13Intraday Cycle Projection (USDJPY) 2015-01-13S&P 500 Aug 27 to Aug 31 OutlookPrecog Vision – Forex 2019-10-7USDCAD Mar 14 to Mar 18 OutlookPrecog Vision – Forex 2018-10-153DP Odds Table (USDJPY) 2017-03-20
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USDJPY Aug 15 to Aug 19 Outlook
Lawrence’s Comment
Attempt to break above Y+1 failed and led to a test of Y-1. Support found above Y-1. Closed the week below Y-0 and midpoint.
Outlook
Inside week points to breakout play is in order. Original trend was down before entering the tight range weeks so downside has an advantage. FBO against Y-1 / B-1 can lead to a spike reversal back up to Y+3 quickly.
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