Trading Edges That Last
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Recap of last week As stated in last week’s outlook, “a pause or a pullback” is very likely. 1200 was the support to look for clue for the move ...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 4 hour bear flag breakdown gave us a selloff down to Y-1. The gold flush to new low did the rest and kept Aussie staying around Y-2. Closed the ...READ MOREContentReviewEuro Weekly Pullback ContinuesS&P Just Formed an Interesting Tradable PatternGold Almost ThereBitcoin Last Push in Progress10-Year Note Down Trend in PlaceBig Picture SummaryReviewEuro dropped as expected due to the spike ...READ MORELawrence's Comment Recap Resistance zone worked out giving us a flush to below Y-1 in one slow drop. Y-1 turned into resistance and closed the week at week low. Outlook Y-2 is ...READ MORES&P 500 Week of Nov 15th to 19thPrecog Vision – Forex 2015-10-263DP Odds Table (USDCAD) 2017-05-24AUDUSD Jun 24 to Jun 28 OutlookMBO Issue 111 (Mar 2021) Last BanquetHot n Cold (USDCAD) 2012-4-11USDCAD Apr 30 to May 04 Outlook3DP Odds Table (USDCAD) 2019-02-01EURUSD May 09 to May 13 OutlookIntraday Cycle Projection (USDCAD) 2013-09-05
As Featured In
USDCAD Apr 06 to Apr 10 Outlook
Lawrence’s Comment
Breakout above Y+1 forced shorts to give up and a drift back up to the crime scene where the original strong selloff reaction started. Once the crime scene was tagged, renew selling showed up and forced price straight down. Closed the week below Y-0 and near week low.
Outlook
The weekly level consolidation continues. On one hand Y-1 is proven to be important support. On the other hand, B+1 is very important resistance now. Price will be trapped inside this range with very wild swings in between because size players are not willing to risk at price levels in-between.
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