Trading Edges That Last
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Many people asked about my strategy of position sizing. I know the standard techniques involve calculating the exact number of contracts based on certain threshold of your trading capital to ...READ MORELawrence's Comment Recap Consolidation as expected. 50% previous week range around Y-0. Closed above Y-0 and midpoint. Outlook As mentioned last week, "it looks like weekly level pullback but should be treated as consolidation". ...READ MORELawrence's Comment Recap Bottoming formation gave us a run from Y-0 to Y+2, yet Y+1 failed to act as support. Closed the week below Y+1 and midpoint. Outlook Y+1 failing to hold means the ...READ MOREIntraday Cycle Projection (DJIA) 2011-05-31Magic Multiples For Position SizingIntraday Cycle Projection (DJIA) 2011-05-20USDJPY Jul 22 to Jul 26 Outlook3DP Odds Table (DIA) 2019-07-15AUDUSD Jul 28 to Aug 01 Outlook3DP Odds Table (YM) 2013-09-163DP Odds Table (YM) 2020-08-25Real-time Commentaries 2023-3-21Nasdaq 100 Feb 20 to Feb 24 Outlook
As Featured In
Dow 30 Feb 22 to Feb 26 Outlook
Lawrence’s Comment
Dow elected to go higher and cleared the neckline as mentioned last week. This led to short squueze action as predicted by custom breadth forecast. Closed the week above Y+1 and midpoint.
Outlook
Short squeeze driven rally does not last. One more push into the parking zone last year around B+2 will likely result in exhaustion.
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