Trading Edges That Last
- You May Also LikeFor 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 MORE
Lawrence's Comment Recap The only index that acted in normal fashion. Pulled back to our target zone as expected and then Fed announcement was right on time to send NQ ...READ MORELawrence's Comment Recap Consolidated above Y-1 and drifted higher slowly. Then the pair exploded to the upside, clearing B+1 my breakout level. Almost tagged B+3 target before pulling back. Closed the week ...READ MORELawrence's Comment Recap Note: Somehow the post for last week is missing from the database. Consolidation week at 50% previous week range. Closed the week near Y-0 and below midpoint. Outlook 3rd week ...READ MOREPrecog Vision – Forex 2012-4-23Nasdaq 100 Sep 17 to Sep 21 OutlookIntraday Cycle Projection (GBPUSD) 2013-09-25USDCAD Jan 21 to Jan 25 OutlookAUDUSD Aug 24 to Aug 28 Outlook3DP Odds Table (GBPUSD) 2019-10-073DP Odds Table (GBPUSD) 2015-12-25Seasonal: Forex Majors In July3DP Odds Table (GBPUSD) 2012-03-21Intraday Cycle Projection (GBPUSD) 2017-12-07
As Featured In
GBPUSD May 02 to May 06 Outlook
Lawrence’s Comment
Unfolded exactly as mentioned last week. Consolidation within the prescribed range. A breakout of Y+1 leads to doubling the week’s range.
Outlook
As long as B-0 acts as support, Y+2 to B+2 will be tagging early next week.
The more interesting scenario is that B+1 acting as resistance and send the pair down below B-0. If that happens, B-1 will be easily broken with a target of B-2.
Share