Trading Edges That Last
- You May Also Like
Lawrence's Comment Recap Easy trade of the week. Cleared resistance zone mentioned last week quickly. Tagged Y+3 target by end of week. Closed the week above Y+2 and midpoint. Outlook Wide range week with ...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 MORELawrence's Comment Recap Spike and ledge setup trigger by FBO against Y+1 first, giving way to Y-1. Closed the week near Y-1 and week low. Outlook If last week is the 2nd ...READ MOREUSDCAD Aug 04 to Aug 08 OutlookPrecog Vision – Forex 2013-4-123DP Odds Table (USDCAD) 2023-03-21Intraday Cycle Projection (USDCAD) 2018-06-22Intraday Cycle Projection (USDCAD) 2011-09-06Precog Vision – Forex 2021-2-23DP Odds Table (USDCAD) 2011-07-21USDJPY Nov 14 to Nov 18 OutlookGBPUSD Aug 08 to Aug 12 OutlookIntraday Cycle Projection (USDCAD) 2011-04-15
As Featured In
USDCAD Feb 25 to Mar 01 Outlook
Lawrence’s Comment
As expected, the pair moved above Y+1 quickly. The nice surprise was that the strength of the run not only carry the pair higher to Y+3 (normal breakout target) but also to the melt up price Y+5. Closed the week above Y+3 and midpoint.
Outlook
End of week showed signs of exhaustion. Likely consolidation below B+1 and above Y+2. As gold is showing signs of swing bottom forming, can cap the strength in this pair for a while.
Share