Trading Edges That Last
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Lawrence's Comment Recap Unlike euro that has ECB defending the price level in the beginning of the week, cable was falling normally as expected back down to Y-1. Then the ...READ MORELawrence's Comment Recap ES failed to clear Y+1, gave us a run for Y-0. Y-0 tagged and bounced. Failed to clear previous week close like Dow has opened the door to break ...READ MORELawrence's Comment Recap Easy play of the week. Held support, run to target mentioned last week and stalled. Closed the week below Y+1 and above midpoint. Outlook B-0 acting as support we ...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 Similar to NQ, ES got slammed down from its upside breakout, causing the breakout longs and pullback longs to liquidate their positions in a panic. Ended the week ...READ MORELawrence's Comment Recap Y-0 did not hold this down so Y+1 became the target and tagged quickly. Breakout above Y+1 gave us Y+2 target and that was tagged quickly too. Closed the ...READ MORES&P 500 Jun 25 to Jun 29 OutlookGBPUSD Feb 27 to Mar 02 OutlookS&P 500 Mar 17 to Mar 21 OutlookIntraday Cycle Projection (EURUSD) 2011-10-03AUDUSD Sep 01 to Sep 05 OutlookPrecog Vision – Forex 2013-2-83DP Odds Table (EURUSD) 2014-03-053DP Odds Table (EURUSD) 2014-03-20S&P 500 Jun 06 to Jun 10 OutlookAUDUSD Apr 15 to Apr 19 Outlook
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EURUSD Jun 06 to Jun 10 Outlook
Lawrence’s Comment
Rumors / news shocks flying high with inverse head and shoulder formed against Y-1. Upside breakout immediately get us Y+3 target. Closed the week above Y+2 and at weak high.
Outlook
More upside expected. Short squeeze style in line with the last few ones over the years. May take several weeks to finish the process.
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