Trading Edges That Last
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Lawrence's Comment Recap Euro spiked higher above Y+1, but failed immediately back below Y-0, staging an all out breakdown. Yet, it drifted higher since until midpoint of week was tagged. Closed the ...READ MORELawrence's Comment Recap Clean swing from Y-1 as support, breaking the resistance at Y-0 and gave us the breakout we are looking for. Y+3 target tagged. Closed the week at ...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 target Y+2 tagged first, then downside target gap fill below was tagged later. Closed the week above Y+1. Outlook Stronger than Dow but weaker than NQ. ES has ...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 MOREHere is a first look at forex brokerage data on a side by side basis. For many beginners who just started trading Forex, this is a very good introduction into ...READ MOREHot n Cold (USDCAD) 2019-6-143DP Odds Table (USDCAD) 2016-12-16EURUSD Apr 22 to Apr 26 OutlookWeekly Cycle Projection (USDCAD) 2013-12-30Intraday Cycle Projection (USDCAD) 2017-07-28USDJPY Aug 20 to Aug 24 OutlookPrecog Vision – Forex 2023-5-2S&P 500 Jan 16 to Jan 20 OutlookPrecog Vision – Forex 2012-9-24A Comparison of Forex Brokerage Data
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USDCAD Jul 28 to Aug 01 Outlook
Lawrence’s Comment
Y-1 support consolidation created a breakout play. Breaking above led to a surge to measured move target above Y+1. Closed the week above Y+1 and near week high.
Outlook
2nd push higher with strong resistance above at B+1 / Y+2. Clearing Y+2 quickly will lead to a quick run to B+3.
Consolidation below resistance more likely.
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