Trading Edges That Last
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Lawrence's Comment Recap Strong reactions around Y-1. 100% absolute range expansion capped the moves. Closed the week below Y-1 and midpoint. Outlook Y+1 now important resistance to clear to confirm weekly pullback ...READ MORELawrence's Comment Recap ES broke Y-1 from its ledge gave us Y-3 target. Tagged Y-3 and holding since. Double bottom at Y-3 sent Es back up to above Y-1. That in turn ...READ MORE3DP Odds Table (GBPUSD) 2016-04-043DP Odds Table (GBPUSD) 2012-12-243DP Odds Table (GBPUSD) 2020-07-233DP Odds Table (GBPUSD) 2013-03-19Precog Vision – Forex 2014-9-1Nasdaq 100 Aug 02 to Aug 06 OutlookUSDCAD Mar 14 to Mar 18 OutlookNasdaq 100 Sep 23 to Sep 27 OutlookS&P 500 Feb 10 to Feb 14 OutlookIntraday Cycle Projection (GBPUSD) 2021-10-04
As Featured In
GBPUSD Jul 08 to Jul 12 Outlook
Lawrence’s Comment
Still the best pair to swing trade. Failed to clear Y-0 midweek gave us a low risk ride down to Y-2 target. The nice surprise was that it flushed down to Y-3. Closed the week near Y-3 and week low.
Outlook
Down channel selloff overshoot. Cable has now snapped out of the down channel and will be unstable this week. Wild swing back up to Y-2 / B-0 and flush down to Y-4 cannot be ruled out. All this is still within the context of a wild consolidation week around B-1.
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