Trading Edges That Last
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Lawrence's Comment Recap Similar to Dow, ES moving lower as expected. Tagging both 1st target of Y-2 and 2nd target of Y-3 in one go was a present surprise. The bounce ...READ MORELawrence's Comment Recap Euro tried to hold Y-1 but failed to clear 1.13 and eventually failed to hold above 1.12. Tight range consolidation. Closed the week near Y-1 and below midpoint. ...READ MORELawrence's Comment Recap No time wasted on further compression. The pair simply break the lower boundary in 1 go. Not quite make it to Y-3. First bounce failed to push back up ...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 MOREIntraday Cycle Projection (USDCAD) 2018-11-083DP Odds Table (USDCAD) 2019-02-27S&P 500 Apr 16 to Apr 20 OutlookEURUSD Sep 07 to Sep 11 Outlook3DP Odds Table (USDCAD) 2019-09-09USDCAD May 06 to May 10 OutlookPrecog Vision – Forex 2014-8-12Precog Vision – Forex 2019-10-73DP Odds Table (USDCAD) 2018-05-073DP Odds Table (USDCAD) 2015-11-18
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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