Trading Edges That Last
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Lawrence's Comment Recap Quick drop to Y-2 and found support. Bounced back to Y-0 and found resistance. Closed the week below Y-0 and above midpoint. Outlook Consolidation likely to absorb the wild swings in ...READ MOREUSDCAD Dec 29 to Jan 02 OutlookS&P 500 Feb 26 to Mar 02 Outlook3DP Odds Table (USDCAD) 2019-10-07Intraday Cycle Projection (USDCAD) 2018-12-14Weekly Cycle Projection (USDCAD) 2019-07-01Precog Vision – Forex 2011-12-1Precog Vision – Forex 2014-1-7Intraday Cycle Projection (USDCAD) 2013-05-28Hot n Cold (USDCAD) 2019-6-28USDJPY Jan 20 to Jan 24 Outlook
As Featured In
USDCAD Mar 02 to Mar 06 Outlook
Lawrence’s Comment
Cleared Y+1 early in the week and zoomed higher to tag Y+2. Failed to clear that and stalled quickly back down to near Y-1. Closed the week above Y-0 and near midpoint.
Outlook
Wild consolidation with 1.24 defended a 2nd time within 2 weeks from sharp drops. This points to the building of a base on weekly level and potentially monthly ledge in the making at this zone. So more 2-way trading for now with Y-1 / B-1 solid support.
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