Trading Edges That Last
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Lawrence's Comment Recap Slow drift up at 50% previous week range. After all, no one dare to challenge BOJ at this point. Closed the week near week high and above Y+1. Outlook Japan will ...READ MORELawrence's Comment Recap Got breakout to the downside. Tagged Y-2. Bounced back to Y-1 and stalled from there. Closed the week at Y-2. Outlook The good - We got the breakout from ...READ MORELawrence's Comment Recap Pushed towards Y+1 as expected. Then news shock sending cable back down to Y-1. Yet Y-1 acted as support and forced cable to approach Y+1 again. Outlook A test ...READ MOREPrecog Vision – Forex 2018-7-16USDJPY Jul 01 to Jul 05 OutlookAUDUSD Mar 12 to Mar 16 OutlookIntraday Cycle Projection (GBPUSD) 2012-06-21Intraday Cycle Projection (GBPUSD) 2013-12-02Weekly Cycle Projection (GBPUSD) 2022-06-13USDCAD Jan 23 to Jan 27 OutlookGBPUSD Nov 14 to Nov 18 Outlook3DP Odds Table (GBPUSD) 2022-01-143DP Odds Table (GBPUSD) 2017-06-28
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GBPUSD Jun 04 to Jun 08 Outlook
Lawrence’s Comment
Swing violently as expected. The unexpected part was that it is to the downside only. Final flush tagged Y-4 and bounced. Closed the week below Y-3.
Outlook
Consolidation likely. B-0 is strong resistance and I do not expect cable to be able to take it out on first 2 tries.
A quick dip below B-1 tagging Y-5 and then snap back up above B-1 points to a push towards B-0.
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