Trading Edges That Last
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Lawrence's Comment Recap Failed to take out Y+1, forming double top early in the week and started a selloff. Closed the week near week low. Outlook FBO to the upside on weekly. Y-2 ...READ MORELawrence's Comment Recap Sudden reversal from Y-0 sending Aussie back up above Y+2 and challenged previous month close. Failed to push through on this first try. Closed the week above ...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 MORELawrence's Comment Recap Dow break above Y+1 early in the week points to the potential to tag Y+2 later. It was done with another huge gap to the upside. Closed the week ...READ MORELawrence's Comment Recap Dow held up at top zone around Y+1. Event driven breakout gave us 100% expansion off the tight range. Closed the week above Y+1 and midpoint. Outlook Test of ...READ MOREEURUSD Mar 05 to Mar 09 OutlookAUDUSD Oct 22 to Oct 26 OutlookPrecog Vision – Forex 2016-12-16Precog Vision – Forex 2013-10-25Dow 30 May 06 to May 10 OutlookNasdaq 100 Oct 30 to Nov 03 OutlookDow 30 Aug 15 to Aug 19 OutlookS&P 500 Mar 14 to Mar 18 OutlookIntraday Cycle Projection (EURUSD) 2015-01-15Intraday Cycle Projection (EURUSD) 2011-04-11
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EURUSD May 04 to May 08 Outlook
Lawrence’s Comment
Euro weekly bear flag progressed up to Y+2. News shock and discovery of stops sent Euro up to Y+3 and then Y+4. Closed the week above Y+3 and midpoint.
Outlook
Weekly bear flag turned into monthly bear flag / pullback. It will likely be a roller coaster ride from here as lots of trapped longs need to unload above 1.12. A test of B-0 / Y+2 is expected this week.
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