Trading Edges That Last
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Lawrence's Comment Recap Tried to bottom out at 1.0 and failed. Closed the week below 1.0 and at the low of the week. Outlook As mentioned last week, loonie is sitting at ...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 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 The thin up channel broken to the downside from a FBO against Y+1. Almost tagged Y-2 target mentioned last week. Easiest play of the week. Closed the week near ...READ MOREUSDCAD Feb 06 to Feb 10 OutlookIntraday Cycle Projection (EURUSD) 2012-07-04EURUSD Jul 12 to Jul 16 OutlookPrecog Vision – Forex 2013-5-3Nasdaq 100 May 14 to May 18 Outlook3DP Odds Table (EURUSD) 2015-10-21Precog Vision – Forex 2018-3-2Precog Vision – Forex 2014-9-33DP Odds Table (EURUSD) 2014-04-16EURUSD Jun 24 to Jun 28 Outlook
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EURUSD Nov 07 to Nov 11 Outlook
Lawrence’s Comment
Right after the announcement of a solution to their crisis, a new one pops up from Greece caused euro to erase all its gain from the week prior. Traded the rest of the week between Y-2 to Y-1. Closed the week below Y-1.
Outlook
Visible bear flag on 4 hours points to further selloff is likely. The downside target is Y-2. If that can hold, a test of B-0 is likely.
Failing to bounce from Y-2 points to the next downside target around 1.34 area.
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