Trading Edges That Last
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Lawrence's Comment Recap More upside as projected. Sideway actions around Y+1 is normal after wide range reversal week. Closed the week above Y+1 and midpoint. Outlook As long as Y+1 / B-0 ...READ MORELawrence's Comment Recap NQ had a 100 points upside breakout last week. Unlike Dow or ES, NQ continues to drift higher early in the week and then leading to the upside even ...READ MORELawrence's Comment Recap As expected we got a consolidation but Y-0 was never touched. this indicated a lot more trapped shorts were still refusing to give up. That led to the 3rd ...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 MOREPrecog Vision – Forex 2014-3-6S&P 500 Aug 15 to Aug 19 OutlookIntraday Cycle Projection (AUDUSD) 2013-01-22Nasdaq 100 May 06 to May 10 OutlookEURUSD Mar 17 to Mar 21 Outlook3DP Odds Table (AUDUSD) 2015-10-05Intraday Cycle Projection (AUDUSD) 2016-02-03Precog Vision – Forex 2011-9-22Intraday Cycle Projection (AUDUSD) 2013-04-19Weekly Cycle Projection (AUDUSD) 2013-07-08
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AUDUSD Feb 08 to Feb 12 Outlook
Lawrence’s Comment
Found support at Y-0 / support zone mentioned last week and started a squeeze up to normal Y+2 target. Resistance at Y+2 dropped Aussie back down to previous week close. Closed the week above Y-0 and below midpoint.
Outlook
Aussie at up trend line support. This holds, another push higher likely. Resistance at Y+1 / B-0 breaking the close will give us B-2.
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