Trading Edges That Last
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Lawrence's Comment Recap As expected, there was no directional play last week. Dow was trapped inside Y+1 and Y-1. Easy 2-way plays every other day. Closed the week near Y-0 and below ...READ MOREIntraday Cycle Projection (EURUSD) 2017-08-28Intraday Cycle Projection (EURUSD) 2021-05-19USDCAD May 23 to May 27 Outlook3DP Odds Table (EURUSD) 2018-10-24Precog Vision – Forex 2018-2-20Precog Vision – Forex 2011-7-1Intraday Cycle Projection (EURUSD) 2012-09-173DP Odds Table (EURUSD) 2019-03-28Hot n Cold (EURUSD) 2021-3-5Dow 30 Mar 31 to Apr 04 Outlook
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EURUSD Oct 14 to Oct 18 Outlook
Lawrence’s Comment
Another one played out as expected. Bounce from Y-0 was weak and as expected could not even get close to Y+1. Sold off down to near Y-1 and bounced. Closed the week below midpoint and Y-0.
Outlook
Inside week closing below midpoints. For a down trend to start, we need a strong selloff from B-0 to B+1 area that breaks B-1 and B-2 in 1 go. That will open the door to much lower price levels.
Until then, consolidation continues with both B-1 and B+1 in play.
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