Trading Edges That Last
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Lawrence's Comment Recap A repeat of previous week's tight range up drift. Supports were bought and no weaknesses / price break to sell into. 2nd test of previous week close gave Dow ...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 MORELawrence's Comment Recap Consolidated around Y+1 until late in the week where it zoomed to new high for the week. Closed the week above Y+1 and midpoint. Outlook If it is going to breakout ...READ MORELawrence's Comment Recap A easy catch of FBO against Y+1 right when 100% absolute range expansion was reached. But there was no meat at all from the resulting drop as the week ...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 MORE3DP Odds Table (EURUSD) 2016-03-23Dow 30 Oct 28 to Nov 01 Outlook3DP Odds Table (EURUSD) 2011-10-10S&P 500 May 31 to Jun 04 Outlook3DP Odds Table (EURUSD) 2021-11-04Precog Vision – Forex 2017-11-22USDCAD Jul 08 to Jul 12 OutlookUSDCAD Oct 07 to Oct 11 OutlookPrecog Vision – Forex 2017-11-1USDCAD Jul 02 to Jul 06 Outlook
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EURUSD Nov 21 to Nov 25 Outlook
Lawrence’s Comment
Euro slided down like cable from their own crisis rumors / news shock. Made new low against Y-1 but successfully recovered back above Y-1. Although stopped at mid week resistance, it still managed to close the week above Y-1.
Outlook
3 tries pushing down and bounced back above Y-1. That is bullish.
As long as Y-1 down to B-1 can act as support, upside target is B+2.
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