Trading Edges That Last
- You May Also Like
Lawrence's Comment Recap Y+1 acted as resistance sending Dow back down to the open gap below. Once tagged, Dow bounced back quickly and held the 18000 round number. News shock sent Dow ...READ MORELawrence's Comment Recap No breakout. Simply consolidated within Y-1 to Y-0. Outlook Y-0 is the resistance area we are looking for a clue for continuation selloff or a break of the ...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 Popped higher totest0.77 as expected. Clean break of Y-1 led to a drop to Y-3 normal range expansion target. Closed the week below Y-2 and near week low. ...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 Retest of pre-breakout level as expected when Euro failed to hold above Y-0. Closed the week below Y-0 and midpoint. Outlook Tight range week waiting for news to find ...READ MOREDow 30 Feb 25 to Mar 01 Outlook3DP Odds Table (EURUSD) 2020-07-08Dow 30 May 18 to May 22 OutlookGBPUSD Jul 04 to Jul 08 OutlookPrecog Vision – Forex 2019-10-7Hot n Cold (EURUSD) 2019-10-4AUDUSD May 09 to May 13 OutlookPrecog Vision – Forex 2011-8-22Hot n Cold (EURUSD) 2019-3-22EURUSD Feb 22 to Feb 26 Outlook
As Featured In
EURUSD Oct 29 to Nov 02 Outlook
Lawrence’s Comment
Y-0 did not hold, drifted back down to Y-1. Closed the week above Y-1 and below midpoint.
Outlook
Not a significant sell off. Just drifted lower. No real sense of direction yet.
A push above B-0 will send euro back up to Y+1.
I am more interested in a bounce to Y-0 that fails to go higher. It will be a great short setup with control risk and significant downside potential.
Share