Trading Edges That Last
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Lawrence's Comment Recap As expected ninja consolidation within Y-0 and Y+1 first. Once Y-0 was breached, we get a go for Y-1. Y-1 tagged and breached by a flush. Closed the week ...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 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 MORENasdaq 100 Dec 19 to Dec 23 OutlookIntraday Cycle Projection (GBPUSD) 2016-10-04EURUSD May 23 to May 27 OutlookPrecog Vision – Forex 2019-10-7USDJPY Jan 27 to Jan 31 OutlookPrecog Vision – Forex 2017-8-28Hot n Cold (GBPUSD) 2012-11-7Precog Vision – Forex 2022-4-20Precog Vision – Forex 2016-3-30GBPUSD Aug 27 to Aug 31 Outlook
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GBPUSD May 28 to Jun 01 Outlook
Lawrence’s Comment
Consolidation around Y-1 and 50% range of the week before. Closed near the week low.
Outlook
No clear swing formation to lean on. Even last week I can tell that you cannot bet on the long side. This week cable is sitting at a dangerous zone where it can swing violently.
Will be difficult and I will stay away from the pair this week.
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