Trading Edges That Last
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Unlike trading index future contracts or commodity future contracts having a steep margin requirement and higher minimum account size across the board, forex trading (and CFD trading) can be done ...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 MORELawrence's Comment Recap Upside breakout in the classic 1-2-3 setup, 200% upside expansion target (Y+3) tagged quickly and pulled back to Y+1 as support. Bounced between Y+3 and Y+1 since. Closed ...READ MORELawrence's Comment Recap Down trend broken quickly right before the holiday after Y-0 was taken out with ease. That staged a strong push towards Y+2. And fat chance for daytraders ...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 MOREPosition Sizing For Forex Traders and CFD TradersPrecog Vision – Forex 2016-1-83DP Odds Table (GBPUSD) 2017-07-28Precog Vision – Forex 2019-10-7USDCAD Mar 21 to Mar 25 Outlook3DP Odds Table (GBPUSD) 2020-07-14Dow 30 Jan 07 to Jan 11 OutlookIntraday Cycle Projection (GBPUSD) 2016-12-30EURUSD Mar 22 to Mar 26 OutlookPrecog Vision – Forex 2016-6-9
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GBPUSD Jul 04 to Jul 08 Outlook
Lawrence’s Comment
Tight range consolidation around Y-1. Political drama affecting cable all week. Closed the week near Y-1 and midpoint.
Outlook
Sideway action after directional drop points to more downside. Until we see strong reaction to major support levels below, trend is still down with B-3 in play.
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