Trading Edges That Last
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Lawrence's Comment Recap Consolidation actions around Y+1 as expected. Resistance mentioned last week stopped the push higher. FBO against Y+1 sent this straight down until 100% absolute range expansion was reached. Closed ...READ MORELawrence's Comment Recap Y+1 cleared without tagging Y-0 led to breakout push towards Y+3. Thin channel however failed to hold up after the last push and collapsed back down to the crime ...READ MORE3DP Odds Table (USDCAD) 2019-10-07Precog Vision – Forex 2019-10-13DP Odds Table (USDCAD) 2015-12-30USDCAD Jan 25 to Jan 29 OutlookUSDCAD May 30 to Jun 03 OutlookIntraday Cycle Projection (USDCAD) 2015-02-10Nasdaq 100 Oct 30 to Nov 03 Outlook3DP Odds Table (USDCAD) 2012-06-11AUDUSD Sep 12 to Sep 16 OutlookIntraday Cycle Projection (USDCAD) 2013-10-15
As Featured In
USDCAD Dec 19 to Dec 23 Outlook
Lawrence’s Comment
Y+1 failed to hold the pair down led to a quick run up to Y+2 before the pair stalled. Pulled back to midpoint and closed the week at Y+2.
Outlook
Breakout happened suddenly due to news shock from euro zone. Ran up a bit too fast without proper testing of Y+1 before it took off. If the pair failed to go higher than Y+3, a retest of Y+1 is in play.
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