Trading Edges That Last
- You May Also Like
Lawrence's Comment Recap No pullback to support making this more difficult to go higher. Consolidation above Y+1 all week. Closed the week above midpoint and Y+1. Outlook Y+1 acted as support all week points ...READ MORELawrence's Comment Recap Dow provided the reason to go higher but it is ES that showed us what short squeeze can really do. Excluding the Y-1 low, ES did almost 40-point run ...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 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 Forced itself to breakout upside but obviously it has no support underneath at all and snapped back to the week low once it failed to hold above Y+1. Outlook Our ...READ MOREBreakout in place, clean move up to 1.63 already. If it hits the projected target zone of 1.65+ by Friday will take the profit and run.READ MORELawrence's Comment Recap Tagged our downside target at Y-2 early in the week. Since then it is pure consolidation. The twist came on Friday as various global issues and economic ...READ MOREGBPUSD May 06 to May 10 OutlookEURUSD Aug 05 to Aug 09 OutlookIntraday Cycle Projection (GBPUSD) 2017-05-313DP Odds Table (GBPUSD) 2013-09-03S&P 500 Apr 29 to May 03 OutlookPrecog Vision – Forex 2015-1-19Precog Vision – Forex 2017-2-17USDJPY Jul 11 to Jul 15 OutlookGBPUSD is still my favourite pairNasdaq 100 Apr 16 to Apr 20 Outlook
As Featured In
GBPUSD Oct 22 to Oct 26 Outlook
Lawrence’s Comment
Like Euro, rallied higher after more b.s. from European officials. Tagged Y+1 but failed to hold above and produced a 1-2-3 sell right there. The FBO led to all out selloff back down. Closed the week at the low and near Y-1.
Outlook
Inside week. Strong rejection of Y+1 and Y-0.
As long as B-0 acting as resistance B-2 is in play.
Share