Trading Edges That Last
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Lawrence's Comment Recap No consolidation whatsoever as Abe and BOJ worked together with one announcement after another to make sure ninja going higher. Break out play tagged normal Y+3 target. Closed the ...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 Y-1 area acted as support as expected, sending the pair above Y-0. But it failed to stay above Y-0 and dropped back down to Y-1. That started the ...READ MORELawrence's Comment Recap Unlike Dow or ES, I have mentioned that NQ cleared an important resistance zone, thus it can go higher still. Here it is, zooming upto Y+3 normal ...READ MORELawrence's Comment Recap Failed to hold above Y-1. Drifting around Y-1 all week. Closed the week near week low and below Y-1. Outlook As mentioned in last weekly commentaries on euro, once ...READ MOREWeekly Cycle Projection (USDCAD) 2019-05-13USDJPY Sep 15 to Sep 19 OutlookPrecog Vision – Forex 2023-1-11USDJPY Jun 06 to Jun 10 OutlookIntraday Cycle Projection (USDCAD) 2020-09-23Nasdaq 100 Feb 06 to Feb 10 OutlookIntraday Cycle Projection (USDCAD) 2020-03-26USDJPY Jul 16 to Jul 20 OutlookIntraday Cycle Projection (USDCAD) 2015-10-09EURUSD Oct 01 to Oct 05 Outlook
As Featured In
USDCAD May 05 to May 09 Outlook
Lawrence’s Comment
Easy play of the week. Got the breakout to the downside early in the week, run straight down to Y-3 and consolidated since. Closed the week below Y-2 and midpoint.
Outlook
Original daily uptrend was broken but downtrend has not been established yet. As long as Y-1 / B-0 acting as resistance, a retest of B-1 is likely.
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