Trading Edges That Last
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Lawrence's Comment Recap Gap open in the beginning of the week resulted in spike and ledge selloff. Held Y-0 support perfectly (too perfect?!) and staged a short squeeze to new ...READ MORELawrence's Comment Recap Cable attempted to hold Y-1 and failed. Consolidation below Y-1 also failed later in the week resulting in a drop until 50% range expansion completed. Closed the week below ...READ MORELawrence's Comment Recap A frustrating week for many. As oppose to finding resistance at Y-0 and start a pullback, ES managed to hold in a tight range above previous week close. By ...READ MOREPrecog Vision – Forex 2017-10-20S&P 500 Aug 06 to Aug 10 OutlookGBPUSD Sep 07 to Sep 11 OutlookWeekly Cycle Projection (EURUSD) 2016-03-143DP Odds Table (EURUSD) 2023-03-01USDJPY Jan 28 to Feb 01 OutlookS&P 500 Jan 13 to Jan 17 OutlookDow 30 Jan 29 to Feb 02 OutlookUSDCAD Apr 17 to Apr 21 OutlookWeekly Cycle Projection (EURUSD) 2019-02-25
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EURUSD Mar 07 to Mar 11 Outlook
Lawrence’s Comment
Y-0 acting as support, rallied to Y+1 as expected. Without any significant selloff formation pulled back to slightly higher than Y-0 and took off again, this implied Y+2 was the target and it was tagged by end of the week.
Outlook
No signs of weaknesses yet. Weekly range expanded. More upside is likely. The hard part is to find a lower risk entry. Drifting back to B-0 with B-0 acting as support points to a retest of B+1. Fast drop back to B-0 means consolidation for the coming week.
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