Trading Edges That Last
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Lawrence's Comment Recap Double top setup in place right from the start of the week. Test of Y-0 rejected giving us retest of Y-1 and gapped down to Y-2 and below. The ...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 Spike high followed by strong reaction back down below Y+1. Consolidation play with 50% range as expected. Closed the week above Y-0 and near week low. Outlook Y-0 is still in ...READ MOREPrecog Vision – Forex 2014-2-20Dow 30 Feb 15 to Feb 19 OutlookNasdaq 100 Jul 19 to Jul 23 OutlookEURUSD Jan 02 to Jan 06 OutlookPrecog Vision – Forex 2018-4-2S&P 500 Jul 17 to Jul 21 OutlookDow 30 Jun 29 to Jul 03 OutlookGBPUSD Feb 24 to Feb 28 OutlookWeekly Cycle Projection (AUDUSD) 2018-12-24USDJPY Dec 12 to Dec 16 Outlook
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AUDUSD Oct 07 to Oct 11 Outlook
Lawrence’s Comment
One of the easier plays last week even though it was a bit wild. FBO in beginning of the week gave us at least a test of Y-0. And Y-0 was cleared in 1 go giving us Y+1 target. Wild swings mid week and landed at Y+1 by end of the week. Closed the week below Y+1 and above midpoint.
Outlook
A whiplash week that failed to close outside the previous week range is not a confirmed breakout. So we are back to the same game this week again waiting for reactions at the boundaries B-1 and B+1.
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