Trading Edges That Last
- You May Also Like
Lawrence's Comment Recap Aussie spiked above Y+1 yet not able to hold above. Consolidated above Y-0. Swinged below with immediate snap back points to retest of Y+1 and above. Got Y+2 and ...READ MORELawrence's Comment Recap NQ gapped back up to Y-0 and stalled. Sold off back down to Y-1 and found support. Drifted back up to week mid. Closed the week below Y-0 and ...READ MORELawrence's Comment Recap The expected run towards 1.15 resulted in a spike reversal at Y+2. Closed the week below Y+1 and near week low. Outlook Very strong resistance Y+1 / B-0 with ...READ MOREAUDUSD Jan 19 to Jan 23 Outlook3DP Odds Table (AUDUSD) 2011-12-02Weekly Cycle Projection (AUDUSD) 2019-10-07Intraday Cycle Projection (AUDUSD) 2018-02-19Nasdaq 100 Apr 06 to Apr 10 OutlookIntraday Cycle Projection (AUDUSD) 2019-01-113DP Odds Table (AUDUSD) 2011-08-11Dow 30 Apr 02 to Apr 06 OutlookGBPUSD Dec 31 to Jan 04 OutlookEURUSD May 09 to May 13 Outlook
As Featured In
AUDUSD Jan 27 to Jan 31 Outlook
Lawrence’s Comment
Aussie struggled above Y-1 initially. Found strength from gold pop leading to a run back to crime scene. Did not even get to Y-0 and stalled. Retest of Y-1 confirmed the weaknesses and slided down more. Closed the week below Y-1 and midpoint.
Outlook
Gold is not as bullish as it seems and it shows in Aussie. Aussie downside target of Y-2 was not tagged. More downside expected. Will not consider long until after B-0 acting as support.
Share