Trading Edges That Last
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Lawrence's Comment Recap Attempts to breakout above Y+1 failed as Y+1 never turned into support. Consolidation in tight range all week. Closed the week near Y+1 and above midpoint. Outlook Y-0 support ...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 Option expiration week played out perfectly to mess with everyone who forgets about it since last month. Initial attempt to blast higher from Y+1 failed leading to first flush ...READ MOREAUDUSD Feb 22 to Feb 26 OutlookDow 30 Feb 08 to Feb 12 OutlookPrecog Vision – Forex 2013-11-13Intraday Cycle Projection (AUDUSD) 2012-06-073DP Odds Table (AUDUSD) 2015-04-17Precog Vision – Forex 2014-7-10Intraday Cycle Projection (AUDUSD) 2020-09-233DP Odds Table (AUDUSD) 2011-12-14GBPUSD Nov 11 to Nov 15 OutlookS&P 500 Apr 20 to Apr 24 Outlook
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AUDUSD Apr 09 to Apr 13 Outlook
Lawrence’s Comment
Y-0 acted as resistance and down trend continue as expected. Closed the week at Y-1.
Outlook
Interesting turning point in the making if the pair can jump up to B-0 and above right off the start of next week. The reason is that the spike low at B-1 resulted in a potential w. spring off Y-1. As long as Y-1 acts as support, Y+1 is in play.
As the reversal potential is there, will no longer look for continuation short again this week.
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