Trading Edges That Last
- You May Also Like
Lawrence's Comment Recap As expected the exhaustion run led to a strong pullback. Y-0 did not act as support and led to all out sell off back down to Y-1. Y-1 was ...READ MORELawrence's Comment Recap Aussie consolidated in tight range. First drift up was met with sellers right above Y-0. stuck in tight range since. Closed the week below Y-0 and near midpoint. Outlook Inside week. ...READ MORELawrence's Comment Recap Sold off early in the week holding Y-1 and immediately retested Y+1. Midweek selloff produced a higher low and by Friday, broke out above Y+1 and tagged ...READ MORELawrence's Comment Recap Euro could not hold up and retested Y-1. Then well timed news shock were released to punish the sellers. FBO against Y-1 that cleared Y-0 in 1 go gave ...READ MOREHot n Cold (EURUSD) 2020-10-233DP Odds Table (EURUSD) 2014-07-16USDJPY Dec 15 to Dec 19 OutlookIntraday Cycle Projection (EURUSD) 2012-06-14AUDUSD Feb 03 to Feb 07 OutlookDow 30 Oct 24 to Oct 28 OutlookEURUSD Apr 08 to Apr 12 Outlook3DP Odds Table (EURUSD) 2013-12-243DP Odds Table (EURUSD) 2021-08-103DP Odds Table (EURUSD) 2018-12-21
As Featured In
EURUSD Dec 07 to Dec 11 Outlook
Lawrence’s Comment
Mario Draghi nuked the Euro melt down move and sparked a stop run of almost 500 pips. Closed near Y+4 and above midpoint.
Outlook
Seasonal effect on Euro is strong and lots of trapped shorts will be eager to cover at B-0 and slightly below, the reduced liquidity during the holiday season means more up drift is likely.
Share