Trading Edges That Last
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Lawrence's Comment Recap The easy money last week. Rallied from Y-1 as expected and spiked through Y+1 to complete the retest. Closed the week near week high and below Y+1. Outlook The ...READ MORELawrence's Comment Recap Unlike NQ, Dow refused to even consolidate below Y+1. Instead it popped higher and sit above Y+1. Eventually that led to the upside breakout and doubled the range of ...READ MORELawrence's Comment Recap No bounce from Y-1. Re-entered the down channel and collapsed to Y-5 before the pair can find any support at all. Outlook Down channel re-enforced itself on the pair again ...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 MOREGBPUSD Feb 04 to Feb 08 OutlookAUDUSD Dec 10 to Dec 14 OutlookIntraday Cycle Projection (USDCAD) 2016-11-04Dow 30 Mar 18 to Mar 22 OutlookEURUSD Apr 26 to Apr 30 OutlookGBPUSD Sep 26 to Sep 30 OutlookIntraday Cycle Projection (USDCAD) 2013-09-20USDJPY Sep 17 to Sep 21 OutlookPrecog Vision – Forex 2018-9-24Precog Vision – Forex 2019-8-6
As Featured In
USDCAD Mar 18 to Mar 22 Outlook
Lawrence’s Comment
Breakout to the down side. Tagged B-1 downside target. Not quite pullback. More like price shock due to the way gold moved last week. Closed the week near week low and Y-2.
Outlook
Down trend created from the breakout requires Y-1 / B-0 to act as resistance. As long as the resistance is not breached on daily close basis, we should get at least Y-3, the normal inside week breakout target.
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