Trading Edges That Last
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Lawrence's Comment Recap Intervention effect completely washed out in just a few days. Yen closed around Y-1. Outlook Complete reversal of a sharp move indicates rejection. The difficult here is that the ...READ MOREAuto chart generator encountered some problem and failed to produce the ES chart for this week. Refer to the Dow chart as they look very similar for the past week. Lawrence's ...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 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 MOREMany beginners choose to start their trading career with forex. There are also traders who switch to trade forex from stock trading or index trading. Forex trading has been the ...READ MOREPrecog Vision – Forex 2022-3-22Precog Vision – Forex 2013-9-12USDJPY Aug 15 to Aug 19 OutlookDow 30 Mar 27 to Mar 31 OutlookWeekly Cycle Projection (GBPUSD) 2023-05-02S&P 500 Oct 17 to Oct 21 OutlookPrecog Vision – Forex 2011-11-7GBPUSD Aug 12 to Aug 16 OutlookPrecog Vision – Forex 2013-2-28Forex Trading – Perspective from An Index Future
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GBPUSD Aug 29 to Sep 02 Outlook
Lawrence’s Comment
As expected drop down to B-1 area. 100% absolute range expansion completed. Closed the week near midpoint.
Outlook
The spike low against Y-1 means support is found at that level. A retest of Y-1 down to B-1 will setup a powerful long formation.
Breaking below B-1 will give us a quick slide down to B-2.
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