Trading Edges That Last
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Lawrence's Comment Recap Test of Y+1 led to clean drop to below Y-0 triggering Y-1 target. Y-0 acted as resistance since giving us Y-1 quickly and Y-2 eventually. Closed the week below ...READ MOREHere is a first look at forex brokerage data on a side by side basis. For many beginners who just started trading Forex, this is a very good introduction into ...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 MOREPrecog Vision – Forex 2011-4-14EURUSD Apr 13 to Apr 17 OutlookDow 30 Jun 26 to Jun 30 OutlookIntraday Cycle Projection (GBPUSD) 2011-05-04S&P 500 Sep 09 to Sep 13 OutlookA Comparison of Forex Brokerage DataNasdaq 100 May 01 to May 05 OutlookIntraday Cycle Projection (GBPUSD) 2015-03-113DP Odds Table (GBPUSD) 2011-09-08Precog Vision – Forex 2020-4-28
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GBPUSD Jun 18 to Jun 22 Outlook
Lawrence’s Comment
Looking for a breakout and we got that at the end of the week. Ran straight to Y+2 as well. Closed at week high.
Outlook
Personally I missed the breakout as it was the end of the week and I thought there was not enough time to get the run going so I removed my swing orders. That was stupid.
Cable should have a bit more in it to get to Y+2 and higher. The main problem is that Greece election is this Sunday and can change the game completely. If there is not much swing Sunday / Monday in this pair, then I expect continuation long for this week, looking for B+2 in play.
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