Trading Edges That Last
- You May Also Like
Lawrence's Comment Recap Y-0 support as expected and sent NQ up to near Y+1. NQ failed to clear the former support zone, forced it back down to test Y-0. Fed minutes released ...READ MORELawrence's Comment Recap Avoided Euro last week and the sudden wild intraday swings last week prove the point. Closed the week below Y-0 and above midpoint. Outlook Y-0 / B+1 strong resistance ...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 MORELawrence's Comment Recap Did not tag the upside target after the expected consolidation in the first half of the week (disappointed). Breaking below the week low in mid-week however gave us ...READ MORELawrence's Comment Recap Euro attempted to go lower yet not able to break Y-1. Cleared Y-0 right after yet not able to push higher. Consolidation actions until NFP Friday that led to ...READ MORENasdaq 100 Aug 24 to Aug 28 OutlookEURUSD Aug 10 to Aug 14 OutlookIntraday Cycle Projection (AUDUSD) 2012-10-293DP Odds Table (AUDUSD) 2023-03-14Precog Vision – Forex 2022-8-113DP Odds Table (AUDUSD) 2017-12-22GBPUSD Jun 06 to Jun 10 OutlookNasdaq 100 Mar 16 to Mar 20 OutlookEURUSD Oct 05 to Oct 09 Outlook3DP Odds Table (AUDUSD) 2021-01-11
As Featured In
AUDUSD Apr 25 to Apr 29 Outlook
Lawrence’s Comment
Pullback from Y+1 to Y-0 as expected. A sudden turn from above Y-1 breaking Y+1 points to Y+3 in play. Once Y+3 was tagged, the rest of the week went sideway.
Outlook
The sudden rally is part of the sync USD trashing. As the target zone Y+3 was touched perfectly, the move is still a controlled move.
Congestion between B-0 and B+1 likely with upside bias to tag Y+4.
Share