Trading Edges That Last
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Lawrence's Comment Recap Text book pullback to Y-0 and rallied to 200% expansion target. Hope everyone who have read the outlook from last week hopped on the train. Outlook B+1 is target ...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 Bounced off Y-1 area in the beginning of the week but failed to clear Y-0. Dropped to below Y-1. As expected Japnese government intervened. Closed the week at week ...READ MOREIntraday Cycle Projection (USDCAD) 2016-04-113DP Odds Table (USDCAD) 2011-10-11Intraday Cycle Projection (USDCAD) 2012-05-153DP Odds Table (USDCAD) 2013-04-02Hot n Cold (USDCAD) 2015-5-223DP Odds Table (USDCAD) 2023-04-20USDCAD Jul 31 to Aug 04 OutlookUSDJPY Feb 14 to Feb 18 OutlookPrecog Vision – Forex 2018-9-17USDJPY Jun 03 to Jun 07 Outlook
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USDCAD Sep 24 to Sep 28 Outlook
Lawrence’s Comment
Y-0 acted as support and then pushed this pair higher. Y+1 breached and then immediately snapped back down. Closed the week above Y-0 and B-0.
Outlook
The magiv 0.96 area indeed led to the first strong bounce since collapse below 0.99. Potential bottom building process here.
As long as B-1 / Y-0 holds, there is a good chance to retest B+1.
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