Lawrence's Comment
Recap
The breakout upside trade we were looking for happened exactly as expected. Closed the week above Y+2 as well.
Outlook
A pullback to Y+1 is possible but not necessary. ...
I have been talking about this in my real-time chatroom for quite sometime and many people email me for the specifics. Here is an introduction of market breadth on forex ...
Lawrence's Comment
Recap
Gap up then stalled back below previous week close. That staged a flush to Y-0. Yet Y-0 was not tagged like NQ. And multiple pushes against previous ...
Lawrence's Comment
Recap
No consolidation whatsoever as Abe and BOJ worked together with one announcement after another to make sure ninja going higher. Break out play tagged normal Y+3 target. Closed the ...
GBPUSD Apr 02 to Apr 06 Outlook
Lawrence’s Comment
Got our target Y+2 early in the week. Pullback holding Y-0 giving us a 2nd chance for test and break above Y+2. Closed the week at Y+2.
Outlook
If the uptrend is going to continue, a fast run to B+2 is needed early in the week as the push up is significantly weaker so far.
If B-0 failed to act as support, expecting a quick drop back down to B-2.
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