Trading Edges That Last
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Recap of Last Week Prior week was a tight range week going nowhere that points to potential breakout with target expansion equals to the week’s range. That is what ...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 Bullish scenario unfolded. 50% range of the week prior to last. Closed the week at midpoint and above Y+1. Outlook Strongest of the 3 indices. No weaknesses at all so ...READ MOREIntraday Cycle Projection (GBPUSD) 2014-07-223DP Odds Table (GBPUSD) 2018-02-27USDCAD Sep 17 to Sep 21 OutlookS&P 500 Jan 17th to 21th OutlookIntraday Cycle Projection (GBPUSD) 2013-12-11Hot n Cold (GBPUSD) 2022-4-83DP Odds Table (GBPUSD) 2012-03-29Precog Vision – Forex 2019-6-183DP Odds Table (GBPUSD) 2013-11-25Nasdaq 100 Feb 13 to Feb 17 Outlook
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GBPUSD Jan 23 to Jan 27 Outlook
Lawrence’s Comment
The power of euro zone b.s. machine gave cable a shock and squeeze. The normal 100% absolute range expansion under such condition happened like clockwork. Closed the week above B+1.
Outlook
If the rumors and b.s. promises die down, cable should pullback to at least B-0 area.
Should more squeeze happens quickly, Y+2 should put a cap on the move and force cable to go sideway or back down by middle of the week.
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