Lawrence's Comment
Recap
As expected ninja consolidated to the down side. Dropped down to Y-0. Closed the week near Y-0 and below midpoint.
Outlook
Very tricky setup with 2 completely opposite outcomes.
First, if the ...
For 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 schedule
For more information about this report please refer to the Market Bias Informant page
Trading day for Forex symbols start at around 5 pm ET depending on Daylight Saving Time schedule
For 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 schedule
Lawrence's Comment
Recap
Breached Y+1 early in the week and then consolidated above previous week close. NFP report lifted ES up to Y+2. Closed the week above midpoint and near week high.
Outlook
Strong ...
GBPUSD Aug 08 to Aug 12 Outlook
Lawrence’s Comment
Spike and ledge setup trigger by FBO against Y+1 first, giving way to Y-1. Closed the week near Y-1 and week low.
Outlook
If last week is the 2nd leg of a measured move, Y-2 target below is still in play. If it is a complex spike and ledge breakdown, we get Y-4.
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