Trading Edges That Last
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Lawrence's Comment Recap Dow gapped higher on news related to Brexit. News driven market all the way right up to Brexit. Brexit led to gap down on Friday to Y-1 and sparked ...READ MORELawrence's Comment Recap As oppose to just consolidate like Loonie, Aussie continued its path towards the Y-2 target before bouncing back. Attempts to trade above Y-1 failed so far and closed ...READ MORELawrence's Comment Recap Bounced off the close of previous week and zoomed up to Y+1 before it stalled. Y-0 acted as support and sending the pair back up to Y+1 again. ...READ MORELawrence's Comment Recap Cleared my resistance zone. Landed at target Y+3. Good enough for me. Closed the week at Y+3 and near week high. Outlook Two possible scenarios. First, consolidation around or above B+1 ...READ MOREPrecog Vision – Forex 2017-12-153DP Odds Table (GBPUSD) 2016-12-05USDJPY Nov 07 to Nov 11 OutlookUSDJPY May 01 to May 05 OutlookDow 30 Jun 27 to Jul 01 OutlookAUDUSD Aug 15 to Aug 19 Outlook3DP Odds Table (GBPUSD) 2016-10-21USDCAD Nov 07 to Nov 11 OutlookUSDJPY May 13 to May 17 OutlookWeekly Cycle Projection (GBPUSD) 2018-06-18
As Featured In
GBPUSD Aug 22 to Aug 26 Outlook
Lawrence’s Comment
As expected Cable going higher. Stalled at 100% absolute range expansion. Closed the week from a pullback to Y+1.
Outlook
Rejected Y+1 to B+1 area pointing to further consolidation with Y+1 down to Y-0.
It seems like every major pair is waiting for something to happen before taking on a direction.
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