Trading Edges That Last
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Lawrence's Comment Recap Situation in Greece destroyed the bulls hope for another attempt to the upside. Clean breakdown from the start of the week pointed to Y-3 target and we got that ...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 MOREPrecog Vision – Forex 2015-11-12Intraday Cycle Projection (USDJPY) 2011-12-063DP Odds Table (USDJPY) 2016-06-06S&P 500 Jul 06 to Jul 10 OutlookIntraday Cycle Projection (USDJPY) 2016-07-25USDCAD Jun 13 to Jun 17 OutlookPrecog Vision – Forex 2013-4-10Precog Vision – Forex 2020-9-10Intraday Cycle Projection (USDJPY) 2017-08-01Intraday Cycle Projection (USDJPY) 2013-09-12
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USDJPY May 13 to May 17 Outlook
Lawrence’s Comment
Cleared my resistance zone. Landed at target Y+3. Good enough for me. Closed the week at Y+3 and near week high.
Outlook
Two possible scenarios. First, consolidation around or above B+1 is likely as ninja cleared the major resistance in 1 go and in need to absorb the imbalance first. Second, if Y+3 serves as support, the melt up will have a good chance to continue and force a print at B+2 first.
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