Trading Edges That Last
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Lawrence's Comment Recap Dropped to Y-1 as expected. Bounced back immediately. Y-0 resistance stopped the bounce. Closed the week below Y-0 and midpoint. Outlook 4 Hour down channel established. Until break out ...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 Was looking for resistance at Y+1 going back down to Y-0. We got that and euro was stuck since. Closed the week near Y-0 and below midpoint. Outlook Breaking below B-1 ...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 MOREPrecog Vision – Forex 2017-10-27Hot n Cold (GBPUSD) 2012-4-25USDJPY May 18 to May 22 OutlookPrecog Vision – Forex 2019-10-7Intraday Cycle Projection (GBPUSD) 2022-04-18USDJPY Aug 05 to Aug 09 OutlookEURUSD Apr 21 to Apr 25 OutlookPrecog Vision – Forex 2017-4-103DP Odds Table (GBPUSD) 2021-05-27Intraday Cycle Projection (GBPUSD) 2022-03-14
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GBPUSD Apr 07 to Apr 11 Outlook
Lawrence’s Comment
Got the pullback as expected. Not much else to play with since. Closed the week near Y-0 and B-1.
Outlook
2 weeks in a row with midpoint around same price level and then a close back to the same level last week tells us how important this price level is.
I need this zone (B-1 / Y-0) to act as support before I commit to the long side for a run to B+1 again which has a better odds in happening.
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