Trading Edges That Last
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Lawrence's Comment Recap As expected cable dropped to Y-2. It bounced back above Y-1 right after forcing a push back to above Y-0. Closed the week near Y-0. Outlook Below 1.6 is rejected. ...READ MORELawrence's Comment Recap A nice reversal surprise that worked out well. Aussie held the support zone mentioned last time with a perfect 1-2-3 long. Tagged Y-0 and zoomed to pre-break down price ...READ MORELawrence's Comment Recap The drop early in the week was stronger than expected. It cleared Y-1 and has been pressured below Y-1 since. That gave us Y-3 breakout play. Closed the week ...READ MOREPrecog Vision – Forex 2019-9-2Precog Vision – Forex 2023-5-2Intraday Cycle Projection (EURUSD) 2016-03-23GBPUSD Oct 29 to Nov 02 OutlookS&P 500 Aug 09 to Aug 13 OutlookAUDUSD Aug 12 to Aug 16 OutlookEURUSD Jul 02 to Jul 06 OutlookHot n Cold (EURUSD) 2011-8-5USDCAD Jul 29 to Aug 02 OutlookHot n Cold (EURUSD) 2011-10-12
As Featured In
EURUSD Nov 19 to Nov 23 Outlook
Lawrence’s Comment
Attempt to rally off Y-1 early in the week stopped stone cold at my resistance Y-0 area. Sold off from there and retested Y-1. Closed the week near midpoint and above Y-1.
Outlook
Lots of effort spent to hold this zone. Early next week holding Y-1 to B-0 area and breakout above B+1 can lead to a run towards B+3.
As long as B+1 acting as resistance, 1.26 downside target still in play.
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