Trading Edges That Last
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Lawrence's Comment Recap 1-2-3 sell off Y+1 on 4 hour points to Y-0 in play. Y-0 failed to act as support, giving us Y-1 target below. Flush later in the week tagged ...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 Short bias from last week played out well until Y-2 was tagged and that the huge gap from beginning of March was rejected. ES zoomed back up from below ...READ MORELawrence's Comment Recap Dow dropped to Y-0 early in the week. Since then it has trouble getting back up to previous week close. Bear flag actions led to further downside actions with ...READ MORE3DP Odds Table (AUDUSD) 2013-12-163DP Odds Table (AUDUSD) 2022-11-10USDCAD Sep 22 to Sep 26 OutlookIntraday Cycle Projection (AUDUSD) 2011-07-13USDCAD Apr 04 to Apr 08 OutlookPrecog Vision – Forex 2012-10-293DP Odds Table (AUDUSD) 2019-10-07Hot n Cold (AUDUSD) 2015-2-20S&P 500 Mar 25 to Mar 29 OutlookDow 30 Aug 10 to Aug 14 Outlook
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AUDUSD Feb 27 to Mar 02 Outlook
Lawrence’s Comment
Looking for weaknesses last week and we got that right off the start. Interesting that Y-1 was defended and bounced back up to close near Y-0 and midpoint.
Outlook
2 weeks in a row closing around the same midpoint is a sign of indecision. The effect is magnified as it was also an outside week that closed back into the midpoint.
Not a good week to trade Aussie until we get a breakout of this zone.
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