Trading Edges That Last
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Lawrence's Comment Recap Y+1 did not act as resistance at all. ES simply open above it and stayed above til Fed announcement. ES zoomed to Y+3 and stalled. Closed the week below ...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 MORE3DP Odds Table (GBPUSD) 2012-08-24Precog Vision – Forex 2019-2-263DP Odds Table (GBPUSD) 2018-06-213DP Odds Table (GBPUSD) 2021-08-253DP Odds Table (GBPUSD) 2017-07-05USDJPY Oct 04 to Oct 08 OutlookS&P 500 Sep 23 to Sep 27 OutlookPrecog Vision – Forex 2019-9-6Intraday Cycle Projection (GBPUSD) 2020-05-06USDJPY Dec 26 to Dec 30 Outlook
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GBPUSD Aug 27 to Aug 31 Outlook
Lawrence’s Comment
Breakout to the upside. Destroyed the wedge formation. This kind of breakout usually gives us an explosive move and it has not failed us this time. A quick run to Y+4 before pullback to midpoint of the week to close.
Outlook
A retest of B+1 is likely. From there if no renew buying coming in, can easily fall back down to B-1.
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