Trading Edges That Last
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Recap of last week Tight range breakout on 4 hours. Fulfilled the 2x target of weekly range. From the chart, it is clear why the ...READ MORELawrence's Comment Recap ES pushed higher as expected. Month end bias kicked in on Thursday and Friday following the usual month end script. Closed the week above Y-0 and near week low. ...READ MORELawrence's Comment Recap Pullback to my support and then continue to match higher. Stopped at 100% absolute range expansion. Closed the week near week high and above Y+1. Outlook A monthly breakout in the ...READ MOREUSDJPY Week of Nov 15th to 19th Outlook3DP Odds Table (GBPUSD) 2017-05-26S&P 500 Mar 02 to Mar 06 OutlookHot n Cold (GBPUSD) 2012-4-6Hot n Cold (GBPUSD) 2012-3-8USDCAD Aug 28 to Sep 01 OutlookUSDCAD Dec 19 to Dec 23 OutlookIntraday Cycle Projection (GBPUSD) 2015-01-28Hot n Cold (GBPUSD) 2018-11-9USDJPY Jan 14 to Jan 18 Outlook
As Featured In
GBPUSD Jun 15 to Jun 19 Outlook
Lawrence’s Comment
Y-1 / Y-0 zone defended early in the week points to a test of Y+1 coming. Y+1 cleared with ease and ended the daily down trend. Normal upside target of Y+2 tagged. Closed the week above Y+1 and midpoint.
Outlook
Daily down trend broken but new up trend not established yet. So 2-way play until a new trend emerges from this. B+1 resistance points to a test of B-0 likely.
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