Trading Edges That Last
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Lawrence's Comment Recap Broken out to the downside. Tagged double top target and bounced back up to Y-1. Closed the around midpoint. Outlook As long as Y-1 acts as resistance, a retest ...READ MORERecap No selloff. No strong rally. Started the week with a 3 push up to Y+1 for a staged selloff back down to Y-1. Rinse and repeat. Closed the week ...READ MOREIntraday Cycle Projection (GBPUSD) 2020-06-02Intraday Cycle Projection (GBPUSD) 2013-02-07Hot n Cold (GBPUSD) 2013-10-11Intraday Cycle Projection (GBPUSD) 2021-08-27Precog Vision – Forex 2016-8-12GBPUSD Dec 19 to Dec 23 OutlookIntraday Cycle Projection (GBPUSD) 2013-10-013DP Odds Table (GBPUSD) 2020-06-08Weekly Cycle Projection (GBPUSD) 2014-08-18Nasdaq 100 May 16 to May 20 Outlook
As Featured In
GBPUSD Dec 30 to Jan 03 Outlook
Lawrence’s Comment
Another pair that started out with a quiet week led to an explosive upside stop run. Closed the week near Y+1 and above midpoint.
Outlook
2nd time spike higher trying to clear the 1.65 area yet failed to close above the resistance level at Y+1 / 1.65. The intention is not clear at this point due to low volume.
Next week is still part of the holiday season making it not a good time to trade aggressively.
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