Trading Edges That Last
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Lawrence's Comment Recap Gap up above Y+1 leading to all out short squeeze. The extended target of Y+4 was tagged. Closed the week above Y+3. Outlook Right above B+1 is our 2X ...READ MORELawrence's Comment Recap Loonie managed to get to Y+1 by drifting slowing. It was immediately rejected. Closed the week at midpoint and above Y-0. Outlook It has weaknesses written all over. The slow 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 MORELawrence's Comment Recap Pulled back to resistance area and sold off again to restest Y-1. Then failed to push above the midpoint of the week at that time and resulted ...READ MORENasdaq 100 Jan 23 to Jan 27 OutlookDow 30 Apr 19 to Apr 23 OutlookIntraday Cycle Projection (USDCAD) 2016-08-05USDCAD Sep 30 to Oct 04 OutlookHot n Cold (USDCAD) 2011-7-28Precog Vision – Forex 2021-1-5Precog Vision – Forex 2018-12-283DP Odds Table (USDCAD) 2021-06-073DP Odds Table (USDCAD) 2016-10-06AUDUSD Nov 21 to Nov 25 Outlook
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USDCAD Mar 09 to Mar 13 Outlook
Lawrence’s Comment
2-way play as expected. Y-0 resistance sent price down to near Y-1 and took off from there back up to equal distance from previous week close. Closed the week above Y-0 and near week high.
Outlook
The base building process has created a strong support zone below 1.25 making it more likely to force an upside breakout from here. The prize for the longs is getting beyond 1.28 to see if massive squeeze can be induced.
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