Trading Edges That Last
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Lawrence's Comment Recap Strong support at Y-1 sent this back up to Y-0. 2nd attempt to push this down to Y-1 met with stronger buying still. Y-0 cleared and Y+1 tagged. Closed ...READ MOREPrecog Vision – Forex 2013-10-11Precog Vision – Forex 2020-4-283DP Odds Table (USDCAD) 2023-02-213DP Odds Table (USDCAD) 2012-04-20Intraday Cycle Projection (USDCAD) 2016-01-253DP Odds Table (USDCAD) 2021-01-27USDCAD Nov 09 to Nov 13 OutlookIntraday Cycle Projection (USDCAD) 2013-11-07AUDUSD Jul 26 to Jul 30 OutlookS&P 500 Mar 26 to Mar 30 Outlook
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Lawrence’s Comment
Mentioned last week I am not interested in Loonie this week. Time saved as it did absolutely nothing the whole week. Closed the week at midpoint with a very tight range.
Outlook
The triangle visible on 4 hours and higher timeframe is still in force. No point to touch this pair until one side wins the battle and can prove that they can push it all the way for the win.
What that means is that I wanted to see a breakout and the initial pullback has to be as shallow as possible and definitely has to be outside of the tight range defined over the past few weeks.
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