Trading Edges That Last
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Lawrence's Comment Recap Euro found resistance exactly at where I expected. Easiest play last week. Sold off since Y+1 was rejected and continue to weaken. Closed the week below Y-1 and near ...READ MORELawrence's Comment Recap As expected ninja consolidation within Y-0 and Y+1 first. Once Y-0 was breached, we get a go for Y-1. Y-1 tagged and breached by a flush. Closed the week ...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 NQ gapped higher to start the week. Clearing the resistance right off the start gave it a bullish bias to push higher. Lack of volume reduced the volatility. Closed ...READ MOREPrecog Vision – Forex 2012-2-29Intraday Cycle Projection (AUDUSD) 2014-11-04EURUSD Jan 20 to Jan 24 Outlook3DP Odds Table (AUDUSD) 2023-05-02Intraday Cycle Projection (AUDUSD) 2011-07-25Hot n Cold (AUDUSD) 2022-12-2Hot n Cold (AUDUSD) 2019-2-15USDJPY Jan 27 to Jan 31 OutlookPrecog Vision – Forex 2020-11-17Nasdaq 100 Dec 30 to Jan 03 Outlook
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AUDUSD Sep 30 to Oct 04 Outlook
Lawrence’s Comment
Aussie consolidated around the breakout zone mentioned last week first. Then moved to the downside confirming the weakness. Since then Y-0 acted as resistance and gave us a move down to almost B-1. Closed the week near week low and below Y-0.
Outlook
Another inside week with average 4 hour range collapsed. Not quite a down channel in place. Everyone is waiting for something to jump onboard. Could be US government shutdown, could be something else.
Will be interested in breakout play above B-0 and below Y-1. Markets do not stay quiet like this for long.
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