Trading Edges That Last
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Lawrence's Comment Recap Was consolidating until BOC surprised the world with a rate cut. Surprise breakout target of 200% range expansion tagged by the end of the week. Closed the week above ...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 MOREBearish Discharge is a day trading system designed to work with Euro and British Pound. It is a very consistent trading model for many years. The trading setup does not ...READ MOREIntraday Cycle Projection (USDCAD) 2016-03-08Precog Vision – Forex 2023-3-16USDCAD Jan 26 to Jan 30 Outlook3DP Odds Table (USDCAD) 2011-04-13Intraday Cycle Projection (USDCAD) 2015-11-23AUDUSD Dec 26 to Dec 30 OutlookPrecog Vision – Forex 2021-4-143DP Odds Table (USDCAD) 2014-09-08Forex Trading Signal: Bearish DischargeWeekly Cycle Projection (USDCAD) 2019-10-07
As Featured In
USDCAD Mar 18 to Mar 22 Outlook
Lawrence’s Comment
Breakout to the down side. Tagged B-1 downside target. Not quite pullback. More like price shock due to the way gold moved last week. Closed the week near week low and Y-2.
Outlook
Down trend created from the breakout requires Y-1 / B-0 to act as resistance. As long as the resistance is not breached on daily close basis, we should get at least Y-3, the normal inside week breakout target.
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