Trading Edges That Last
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Lawrence's Comment Recap News shock dropped ES down to Y-3 to start the week. Gap fill fight started at once. Wild 2 ways swings eventually allow ES to move above Y-1. Closed ...READ MORELawrence's Comment Recap Got the retest of Y+1 early in the week. Y+1 breached easily points to more upside. Previous week close acted as support on pullback and voila we got Y+2. ...READ MOREPrecog Vision – Forex 2020-6-8Precog Vision – Forex 2013-3-7Intraday Cycle Projection (EURUSD) 2013-10-02Intraday Cycle Projection (EURUSD) 2021-10-273DP Odds Table (EURUSD) 2014-09-02Intraday Cycle Projection (EURUSD) 2023-02-01Intraday Cycle Projection (EURUSD) 2014-03-17S&P 500 Aug 31 to Sep 04 OutlookUSDJPY Nov 18 to Nov 22 Outlook3DP Odds Table (EURUSD) 2015-12-22
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EURUSD May 07 to May 11 Outlook
Lawrence’s Comment
Strong breakout above 1.33 did not happen. Instead, a w. upthrust against Y+1 happened early in the week. That put Y-0 and Y-1 into play. Closed the week at Y-1.
Outlook
As mentioned last week, if euro can break Y-0 decisively, Y-2 is the target. That should be the target for early next week as euro ran out of time this week.
From Y-2 a bounce to Y-1 is likely if the selloff is not a strong one.
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