Trading Edges That Last
- You May Also LikeFor 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 MORE
Lawrence's Comment Recap As predicted last week, the pair failed to take out the resistance zone and is forced to go lower. The whole week is just 50% of 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 MORELawrence's Comment Recap Mentioned last week, a potential turning point is in place and we got that. Talking about precision in timing! As it is a weekly level turning point, monthly ...READ MOREPrecog Vision – Forex 2014-12-18USDCAD Feb 20 to Feb 24 OutlookEURUSD Apr 10 to Apr 14 OutlookGBPUSD Feb 14 to Feb 18 OutlookIntraday Cycle Projection (USDJPY) 2012-02-10Hot n Cold (USDJPY) 2021-2-5EURUSD Apr 27 to May 01 OutlookUSDJPY Mar 06 to Mar 10 OutlookPrecog Vision – Forex 2016-8-26Nasdaq 100 Feb 28 to Mar 04 Outlook
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Lawrence’s Comment
Y-1 acted as support so no selloff. Once traded above Y+1, clean sail to pre-crisis level at Y+5 (notice how exact that was). Closed the week by doubling the range of the first 1/2 of the week.
Outlook
Congestion between B-0 and B+1. Daytrading the pair is the preferred strategy over swing trades this week because of the wide range developed.
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