Trading Edges That Last
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Many traders who took the plunge into trading forex do not know about many basic biases that are very useful but not very obvious. Not buying euro on Monday is ...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 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 8 to 10 points swings several times in RTH and in AH as expected. Taking out Y+1 but not quite Y+2 means a retest of Y+0 in ...READ MORELawrence's Comment Recap Clean spike and ledge setup worked out perfectly tagging target near Y-3 and no support until 200% range expansion was completed. Closed the week near Y-4 and week low. ...READ MOREWhy You Shouldn’t Long Euro On MondayPrecog Vision – Forex 2023-5-2Precog Vision – Forex 2014-10-28Precog Vision – Forex 2022-3-9Precog Vision – Forex 2022-3-21S&P 500 Feb 21 to Feb 25 OutlookDow 30 Nov 16 to Nov 20 Outlook3DP Odds Table (EURUSD) 2019-08-01Intraday Cycle Projection (EURUSD) 2013-12-25Intraday Cycle Projection (EURUSD) 2012-12-20
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EURUSD Nov 14 to Nov 18 Outlook
Lawrence’s Comment
Bear flag continuation selloff as expected and tagged our downside target. Yet, Y-1 failed to hold the pair down leading to a bounce back upto B-0.
Outlook
A zoom up above B+1 with B+1 acting as support we get spike low reversal pointing to B+3.
Normally, however, B+1 will act as resistance and force a retest of B-0 downto Y-1 to confirm the potential reversal first.
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