Trading Edges That Last
- You May Also Like
Lawrence's Comment Recap Tight range consolidation around Y-1. Political drama affecting cable all week. Closed the week near Y-1 and midpoint. Outlook Sideway action after directional drop points to more downside. Until ...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 Upside triangle did not break to the downside at all. Instead, formed an up channel and drifted higher and paused after 50% of prior week range is reached. ...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 MOREHot n Cold (USDCAD) 2012-9-4GBPUSD Jul 04 to Jul 08 OutlookIntraday Cycle Projection (USDCAD) 2014-06-13EURUSD Jan 03 to Jan 07 OutlookGBPUSD Aug 22 to Aug 26 OutlookPrecog Vision – Forex 2021-1-11AUDUSD Aug 22 to Aug 26 OutlookPrecog Vision – Forex 2014-9-16AUDUSD Nov 26 to Nov 30 OutlookHot n Cold (USDCAD) 2020-10-2
As Featured In
USDCAD Jan 07 to Jan 11 Outlook
Lawrence’s Comment
Completely wrong on this one last week that par is in sight. Similar to its metal friend Aussie, both turned strong against dollar quickly and violently with the fiscal cliff deal in place. The target for such sudden change, Y-3, however, still worked very well as the target and support zone. Closed the week below Y-2 and near week low.
Outlook
Daily up trend not broken but close to. Can be a change in trend in the making. Like to see evidence that B-0 / Y-1 acting as resistance again before commiting to swing short for a run down to 0.96
Share