Trading Edges That Last
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Here is another set of trading setups I have published at TraderPlanet. It is one of those market biases that no one pay attention to. Consider this another secret ...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 Breakout above Y+1 and that turned into support, giving us the classic STOPD run to Y+3. Isn't that simple enough? Outlook As long as B-0 acts as support, uptrend intact ...READ MOREIntraday Cycle Projection (AUDUSD) 2014-03-31Forex Swing Bias: Aussie Dollar: The 3 MostNasdaq 100 Mar 19 to Mar 23 OutlookIntraday Cycle Projection (AUDUSD) 2015-06-02EURUSD Nov 01 to Nov 05 OutlookPrecog Vision – Forex 2012-3-23DP Odds Table (AUDUSD) 2023-05-02Precog Vision – Forex 2019-5-233DP Odds Table (AUDUSD) 2011-08-04AUDUSD Oct 17 to Oct 21 Outlook
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AUDUSD Aug 24 to Aug 28 Outlook
Lawrence’s Comment
Note: Somehow the post for last week is missing from the database.
Consolidation week at 50% previous week range. Closed the week near Y-0 and below midpoint.
Outlook
3rd week in a row closing near the same price level with midpoints all near each other is compression. It can also be near equilibrium. For the first case, we need a breakout to form a trend first before we can engage. For the second case, the volatility will die down further leading to more consolidation and tight range. Wait and see for this pair until the condition changes.
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