Trading Edges That Last
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Lawrence's Comment Recap As mentioned last week, Y-1 rejected points to down trend invalidated. So this week we got a run back up to Y+1 to see if the other boundary can ...READ MORELawrence's Comment Recap Consolidation play initially with both Y-1 and Y+1 tested. Breakout play was clean and gave us Y-3 in 1 go. then the weekly range was over extended (as I ...READ MORELawrence's Comment Recap Staying away from this pair has been the correct decision for some time now. And it has been the correct decision for the past week as well. 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 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 Euro weekly bear flag progressed up to Y+2. News shock and discovery of stops sent Euro up to Y+3 and then Y+4. Closed the week above Y+3 and midpoint. ...READ MOREIntraday Cycle Projection (GBPUSD) 2018-02-09GBPUSD Jan 27 to Jan 31 Outlook3DP Odds Table (GBPUSD) 2021-12-16Nasdaq 100 Nov 11 to Nov 15 OutlookHot n Cold (GBPUSD) 2012-5-2USDJPY Oct 31 to Nov 04 OutlookPrecog Vision – Forex 2019-10-7EURUSD Jan 01 to Jan 05 OutlookPrecog Vision – Forex 2022-5-17EURUSD May 04 to May 08 Outlook
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GBPUSD Mar 04 to Mar 08 Outlook
Lawrence’s Comment
Opened the week below Y-1 and struggled around Y-1 since. By end of the week, cable can no longer hold the price level and flushed down to almost Y-2. Closed the week near week low and below Y-1.
Outlook
Potential flush low in the making. If cable can hold B-2 and snap back up to above Y-1 on 4 hour close basis, a quick run up will take cable back up to B+3.
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