Trading Edges That Last
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Lawrence's Comment Recap Breached Y-1 early in the week setup ninja to go down to Y-2 and below. Got that taken care of and then ninja bounced back to new high for ...READ MORELawrence's Comment Recap ES failed to push up beyond 25% prior week range early in the week signalling trouble to form a bottom. The break below Y-1 gave us a ...READ MORELawrence's Comment Recap In sync with Dow, but weaker, NQ struggled to clear Y+1 and eventually fall back down to Y-0. Y-0 support gave it fuel to go up to Y+2. Closed ...READ MORELawrence's Comment Recap Was looking for a drop but not as steep as what happened. Weak right from the beginning of the week failed to hold Y-0 points to a ...READ MOREIntraday Cycle Projection (EURUSD) 2012-01-12Precog Vision – Forex 2015-6-163DP Odds Table (EURUSD) 2016-05-05Intraday Cycle Projection (EURUSD) 2020-04-13USDJPY Sep 23 to Sep 27 OutlookS&P 500 Nov 19 to Nov 23 OutlookDow 30 Feb 14 to Feb 18 OutlookNasdaq 100 Oct 19 to Oct 23 OutlookAUDUSD Dec 24 to Dec 28 Outlook3DP Odds Table (EURUSD) 2019-09-02
As Featured In
EURUSD Apr 16 to Apr 20 Outlook
Lawrence’s Comment
Euro drifted up exactly as expected and tagged Y-0 before turning down sharply. Closed near Y-1 with 50% range of prior week.
Outlook
A break of B-1 will likely giving just B-2 and B-3 quickly. That means tagging the previous year close.
Be very careful when that happens because government officials can kick start major intervention when they find an excuse that the “irrational currency movement is endangering the euro zone economy”.
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