Trading Edges That Last
- You May Also LikeFor 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 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 MORE
Lawrence's Comment Recap NQ did not zoom higher and failed to clear Y+1. That opened the door to retest of Y-0 and we got that from a fierce gap down. NQ bounced ...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 edged lower below Y-1 but never really stayed below the support level. Took it a week to breakout upside. Closed the week near week high and above Y-0. Outlook Whole ...READ MORELawrence's Comment Recap FBO against Y+1 gave us directional drop to Y-1 with Y-0 support breached on first try. Closed the week below Y-0 and midpoint. Outlook Seasonal up drift for Euro ...READ MOREPrecog Vision – Forex 2023-5-2Precog Vision – Forex 2015-2-18Hot n Cold (EURUSD) 2011-9-7Nasdaq 100 Jun 17 to Jun 21 Outlook3DP Odds Table (EURUSD) 2015-12-11Precog Vision – Forex 2022-10-26Nasdaq 100 Jul 29 to Aug 02 Outlook3DP Odds Table (EURUSD) 2013-01-02Intraday Cycle Projection (EURUSD) 2022-10-18EURUSD Dec 21 to Dec 25 Outlook
As Featured In
EURUSD Dec 01 to Dec 05 Outlook
Lawrence’s Comment
Data repair was done after the chart update over the weekend. Next week will have the correct prices shown. Euro slipped below Y-1 yet no stops were discovered which led to a slow drift up back to the crime scene leading to the drop from the before. No more fuel after that and stalled. Closed the week below Y-0 and near midpoint.
Outlook
ECB officials just have too much fun talking lately. That induced fear into the trading communities making euro a currency to avoid. The short term outcome could be sideway actions until end of the year. The long term consequence could be very damaging though as no one wants euro anymore. It is a mistake similar to what Merkel did back in 2012.
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