Trading Edges That Last
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Lawrence's Comment Recap Previous week close resistance sent the pair down to Y-0. Y-0 did not act as support at all gave us test of Y-1. Y-1 also failed to act as ...READ MORENo market moves in a straight line. Most of the time strong directional moves will result in pullbacks. Euro Dollar Apex (Type 2) Trading Model is a counter-trend strategy taking ...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 Feb close did not even attempt to hold up at Y-1 and slided to 50% downside expansion target at Y-2. The bounce was stopped right at Y-1 ...READ MORELawrence's Comment Recap Consolidation as expected. Centered around Y+1 instead of previous week close as Dow gapped up to Y+1 at the start of the week. Closed the week above Y+1 and ...READ MOREHot n Cold (AUDUSD) 2015-10-23USDJPY Jun 15 to Jun 19 OutlookWeekly Cycle Projection (AUDUSD) 2016-08-29Forex Trading Open Secrets: Euro Dollar Apex (Type3DP Odds Table (AUDUSD) 2021-01-253DP Odds Table (AUDUSD) 2011-05-23Precog Vision – Forex 2023-5-2Intraday Cycle Projection (AUDUSD) 2016-12-20USDCAD Mar 07 to Mar 11 OutlookDow 30 Sep 01 to Sep 05 Outlook
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AUDUSD Aug 13 to Aug 17 Outlook
Lawrence’s Comment
Another tight range week going nowhere. Near end of week the drop to Y-0 was bought up immediately. Closed the week near Y+1 and above midpoint.
Outlook
Clearing B+1 points to a quick pop to B+2 but that can be either an important top or straight up to B+3.
So early in the week if B-0 acts as support, the first play is to the upside for a wait and see at B+1.
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