Trading Edges That Last
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Lawrence's Comment Recap NQ was the index out of the three that played nice as it followed the normal consolidation behaviour instead of charging higher. Closed the week below Y+1 and 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 MORELawrence's Comment Recap As expected, cable price trapped between Y-1 to Y+1. Attempt to break lower failed then higher high and higher low swinged cable back up to almost Y+1. 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 MOREPrecog Vision – Forex 2016-10-13Precog Vision – Forex 2011-8-33DP Odds Table (USDCAD) 2012-01-113DP Odds Table (USDCAD) 2014-02-27Precog Vision – Forex 2016-9-1Nasdaq 100 Nov 10 to Nov 14 OutlookPrecog Vision – Forex 2016-2-5GBPUSD Sep 30 to Oct 04 OutlookHot n Cold (USDCAD) 2019-7-12Precog Vision – Forex 2012-4-9
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USDCAD May 11 to May 15 Outlook
Lawrence’s Comment
Y-0 did not act as support at all on first test. This opened the door to Y-1 and the test of Y-1 led to a strong bounce. Closed the week near Y-0 and midpoint.
Outlook
Closing near midpoints means indecision. Y-1 / B-1 confirmed strong support, until proven otherwise, as long as B-0 down to B-1 acting as support, a test of B+1 and B+2 will be in play.
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