Trading Edges That Last
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Lawrence's Comment Recap Was looking for a break of Y-1 and then a slide down to Y-3. Did not happen. No clean break down. Just a consolidation week around Y-1. Closed the ...READ MORELawrence's Comment Recap Y-0 acted as resistance confirming the weaknesses early in the week. Flushed 100% downside expansion and that stopped the drop. A retest of week high happened mid-week and ...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 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 MORELawrence's Comment Recap NQ gapped above Y-0 and that turned into support. It does not matter whether it traded back above Y-0 or gapped above. In fact, the gapping above B-0 ...READ MORE3DP Odds Table (GBPUSD) 2021-02-12EURUSD Apr 29 to May 03 OutlookDow 30 May 23 to May 27 OutlookPrecog Vision – Forex 2018-5-14Precog Vision – Forex 2016-3-31Hot n Cold (GBPUSD) 2016-4-22Intraday Cycle Projection (GBPUSD) 2013-10-02Hot n Cold (GBPUSD) 2020-4-24Precog Vision – Forex 2023-2-20Nasdaq 100 Dec 05 to Dec 09 Outlook
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GBPUSD Jan 20 to Jan 24 Outlook
Lawrence’s Comment
Started the week rejecting Y+1 and dropped quickly. Y-0 then acted as resistance giving us a drop to below Y-1. Yet originaly down side target still not reached and ended with a late week bounce. Closed the week below Y-0 and near midpoint.
Outlook
Rejected Y-1 decisively. Down trend invalidated. Another pair with potential wide range consolidation in play. Not bullish until B+1 / Y+1 is cleared.
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