Trading Edges That Last
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Recap of last week Flushed down as expected, tagged the previous month 2x downside target (good!) but not tagging the 50% weekly expansion target to the downside and reversed ...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 MORELawrence's Comment Recap Move higher as mentioned last week. 100% absolute range expansion reached. Closed the week near the high of the week. Picture perfect STOPD swing. Outlook Congestion or pullback expected. ...READ MOREIntraday Cycle Projection (GBPUSD) 2013-02-053DP Odds Table (GBPUSD) 2013-06-24EURAUD Week of Nov 15th to 19th OutlookIntraday Cycle Projection (GBPUSD) 2013-11-12Precog Vision – Forex 2017-12-183DP Odds Table (GBPUSD) 2015-07-023DP Odds Table (GBPUSD) 2011-04-28Precog Vision – Forex 2023-5-2Precog Vision – Forex 2018-4-16AUDUSD Jan 30 to Feb 03 Outlook
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GBPUSD Sep 03 to Sep 07 Outlook
Lawrence’s Comment
Tried to break Y-0 twice and failed. That staged the rally to test Y+1 as expected. Closed the week below Y+1 as an inside week.
Outlook
Same as last week, if test of Y+1 / B+1 area resulting in a selloff, cable should drop down to B-2 as a minimum.
The more interesting setup is a breakout to the upside, which will push cable to the 1.60 area in one go.
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