Trading Edges That Last
- You May Also Like
Lawrence's Comment Recap The weaknesses in gold enabled US dollar gaining strength suddenly. After first part of the week spent in consolidation and potential top forming, the collapse in gold triggered a ...READ MORELawrence's Comment Recap Short squeeze in full force. 2x Month OR target tagged and paused since. Closed the week at week high. Outlook ES closed above the 2X month OR. That opened ...READ MORELawrence's Comment Recap Tried to break Y-0 twice and failed. That staged the rally to test Y+1 as expected. Closed the week below Y+1 as an inside week. Outlook Same as last ...READ MOREUSDCAD Mar 04 to Mar 08 OutlookS&P 500 Jan 23 to Jan 27 Outlook3DP Odds Table (EURUSD) 2016-06-20Intraday Cycle Projection (EURUSD) 2015-10-023DP Odds Table (EURUSD) 2018-07-18Dow 30 Jun 18 to Jun 22 OutlookIntraday Cycle Projection (EURUSD) 2012-06-29GBPUSD Sep 03 to Sep 07 OutlookIntraday Cycle Projection (EURUSD) 2015-03-303DP Odds Table (EURUSD) 2019-06-07
As Featured In
EURUSD Jun 04 to Jun 08 Outlook
Lawrence’s Comment
Gap up in the beginning of the week. Then consistent selling all the way down to Y-2 as expected. Cannot get any better than that. Once 100% previous week range completed, immediately bounced back to midpoint. Closed the week near midpoint.
Outlook
Bottoming action early next week at B-1 will give euro a double bottom that can zoom back up to B+1 area.
Share