Trading Edges That Last
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Lawrence's Comment Recap Y-0 did not even hold up for half a day. Door opened to Y-1 and below. Retest of Y-0 from below failed and gave us Y-1 in 1 go. ...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 MOREHot n Cold (USDCAD) 2022-1-21USDJPY Jul 14 to Jul 18 OutlookIntraday Cycle Projection (USDCAD) 2014-09-04Precog Vision – Forex 2017-9-13Intraday Cycle Projection (USDCAD) 2014-01-09Precog Vision – Forex 2015-12-253DP Odds Table (USDCAD) 2022-06-01Intraday Cycle Projection (USDCAD) 2016-01-11Hot n Cold (USDCAD) 2012-1-31Hot n Cold (USDCAD) 2011-8-4
As Featured In
USDCAD Feb 24 to Feb 28 Outlook
Lawrence’s Comment
Down channel turned into a wedge. Then breakout happened conveniently at the right time sending this back up to my target above. 200% absolute range expansion stopped the run. Closed above Y+1 and midpoint.
Outlook
Strong reaction because all committed shorts had stops piled up between Y-0 and Y+1. That’s why the move is so clean. The stop run only move will need real buying to give us a retest of B+1. B-0 likely this week as players have to reshuffle their positions to get in line with their new expections.
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