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 Y+1 was breached quickly in first half of the week invalidated the bearish bias. The door to Y+2 was opened since. Y+2 tagged eventually at the end of the ...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 MORELawrence's Comment Recap Y-1 acted as support for a 1-2-3 buy early in the week sent Aussie up to Y+1. The bullish bias worked out. Oddly, Y+1 simply stopped the move and ...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 2014-12-12Intraday Cycle Projection (GBPUSD) 2017-12-08Intraday Cycle Projection (GBPUSD) 2017-08-22Intraday Cycle Projection (GBPUSD) 2017-08-10Dow 30 Jul 07 to Jul 11 Outlook3DP Odds Table (GBPUSD) 2019-10-07Precog Vision – Forex 2017-2-9Intraday Cycle Projection (GBPUSD) 2017-06-13AUDUSD Jan 28 to Feb 01 OutlookPrecog Vision – Forex 2017-5-12
As Featured In
GBPUSD Week of Dec 6th to Dec 10th Outlook
Recap of last week
Test of yellow zone leaded to further downside movement, but did not make it to the target area. Effective stuck in the range established in Monday and when breakout upside worked out, tagged 2x weekly open range area.
Next week outlook
Current quarter open range low (October low) failed to act as resistance, so open range midpoint is the first target area to tag (yellow zone). Sell from there target red zone which is effectively October low. If yellow zone does not act as resistance at all, next target is quarterly open range high (October high, green zone).
Share