Trading Edges That Last
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Lawrence's Comment Recap Affected by the other 2 indices, NQ was pulled down quickly towards Y-0 which induced a flush down to its open gap below from the prior week. Drifted higher ...READ MORELawrence's Comment Recap Got Y+1 target right from the start. Then failed to stay above Y+1 and induced a flush back down to fill the gap and tag Y-0. The flush continued ...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 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 MOREAUDUSD May 08 to May 12 OutlookHot n Cold (EURUSD) 2013-12-20Precog Vision – Forex 2019-10-7Hot n Cold (EURUSD) 2012-1-10Nasdaq 100 Jul 14 to Jul 18 OutlookDow 30 Mar 04 to Mar 08 OutlookPrecog Vision – Forex 2013-5-27Precog Vision – Forex 2018-12-4EURUSD Jun 24 to Jun 28 OutlookIntraday Cycle Projection (EURUSD) 2013-08-21
As Featured In
EURUSD Mar 14 to Mar 18 Outlook
Lawrence’s Comment
ECB decision swinged euro both ways. Y-1 defended and immediately shot up to Y+2. Closed the week near Y+2 and above midpoint.
Outlook
Shorts are trapped which can in turn squeeze euro higher to Y+3 / B+2 zone. However, this will not last as longer term outflow of capital will accelerate at higher price level.
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