Recap As expected, consolidation price actions all week. Closed the week near midpoint and Y-0.
Outlook Summer Games is not over yet. Inside week points to breakout in play. No point trading this until we get a clean break outside of the Y+1 / Y-1 range.
For 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 schedule
For 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 schedule
Lawrence's Comment
Recap
Sold off on comments from Fed and then recovered back to crime scene. Gap up and took out Y+1. When stop run actions ended ES dropped back down to ...
For 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 schedule
GBPUSD Aug 06 to Aug 10 Outlook
Lawrence’s Comment
As expected, consolidation price actions all week. Closed the week near midpoint and Y-0.
Outlook
Summer Games is not over yet. Inside week points to breakout in play. No point trading this until we get a clean break outside of the Y+1 / Y-1 range.
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