Trading Edges That Last
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Lawrence's Comment Recap As expected the pair tagged Y+2 first. Then wild swing in gold price dropped the pair lower. Closed the week between Y+2 to Y+3. Outlook Continuation rally to B+2 is ...READ MORELawrence's Comment Recap Got the bottom I was talking about and cable took off to tag Y+2 near the expected upside target for the move. Another easy one for the week. Closed ...READ MORELawrence's Comment Recap Consolidation at 50% previous week range. Pullback to support mentioned last week. Y-0 acting as support sent ninja up for a retest of Y+1. Closed the week above Y-0 ...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 MOREIntraday Cycle Projection (EURUSD) 2014-11-27Precog Vision – Forex 2014-9-9USDCAD Sep 12 to Sep 16 OutlookIntraday Cycle Projection (EURUSD) 2022-04-283DP Odds Table (EURUSD) 2014-05-213DP Odds Table (EURUSD) 2011-08-25GBPUSD Oct 21 to Oct 25 OutlookUSDJPY Nov 02 to Nov 06 OutlookIntraday Cycle Projection (EURUSD) 2014-06-23Precog Vision – Forex 2016-12-7
As Featured In
EURUSD Feb 17 to Feb 21 Outlook
Lawrence’s Comment
Warned Y-0 is the line in the sand where European officials would defend. Happened like clockwork. Free ride up to almost Y+2. Closed the week above Y+1 and midpoint.
Outlook
Chart pattern is not that bullish. Short squeeze driven price actions over the past 2 weeks simply created temporary run up that has to drop back down to backfill the void zones.
Looking for pullback to B-0 down to B-1 consolidation actions.
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