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
Consolidation above Y-0 not only gave us a rally to retest Y+1, it also gave us a clean breakout leading to a squeeze to Y+3. Closed the week near ...
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 pageTrading day for Forex symbols start at around 5 pm ET depending on Daylight Saving Time schedule
Latest data from CFTC is telling us that the drastic margin requirement increase is working - the retail traders are moving away from the US regulated brokers. ...
Lawrence's Comment
Recap
Inside week consolidation around Y-0. Closed the week below Y-0 and midpoint.
Outlook
The downside retest of Y-1 has not happened yet so it is still in the card ...
Lawrence's Comment
Recap
First move in the week caught me by surprise - zoomed to Y+2 first before stalling back down to Y-1. Closed the week near week low.
Outlook
Last week ...
GBPUSD Dec 12 to Dec 16 Outlook
Lawrence’s Comment
Completely stuck within Y-0 to Y+1. Makes sense because cable is not the primary target of the intervention done 2 weeks ago.
Outlook
Breakout mode. Am not expecting a breakout to happen before new yeat though as many traders already left for the holiday.
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