Trading Edges That Last
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Lawrence's Comment Recap Y-0 acted as support and closed the week above Y+1. Outlook Consolidation after a strong rally is normal. breakout above Y+1 to B+1 will give us B+3 target. Failure ...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 MORELawrence's Comment Recap Y-0 cleared from below, gave us reason to go long and Y+1 was cleared with minimal effort. Y+2 normal target reached. Closed the week below Y+2 and above midpoint. Outlook Strange ...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 MOREAUDUSD Oct 24 to Oct 28 Outlook3DP Odds Table (GBPUSD) 2011-12-20Precog Vision – Forex 2016-10-31Hot n Cold (GBPUSD) 2011-6-17EURUSD Apr 14 to Apr 18 OutlookHot n Cold (GBPUSD) 2012-3-6Intraday Cycle Projection (GBPUSD) 2012-08-29Precog Vision – Forex 2016-12-123DP Odds Table (GBPUSD) 2022-08-02Precog Vision – Forex 2016-4-13
As Featured In
GBPUSD Jul 16 to Jul 20 Outlook
Lawrence’s Comment
Y-0 capped the drift up attempt. The selloff, however, is not as strong as expected. That can be partially contributed to the news shock from Europe zone that reversed the course of many markets. The sudden reversal resulted in a push to new high for the week. Closed the week near week high.
Outlook
The end of week move is very suspicious and it may not last. We need B-0 or B+1 to act as support so that we can be sure the reversal is for real.
I need to see the first 2 swings next week to determine a push to B+2 is possible.
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