Trading Edges That Last
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Simplex was created along with several other models long time ago to provide daily guidelines to a group of forex traders who worked with me long time ago. These models ...READ MORELawrence's Comment Recap Euro broken out to the upside after news shock. Stayed in a tight range above Y+1 since. Closed the week above Y+1. Outlook Critical week. If euro can stay ...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-0 resistance sent NQ down to Y-2 normal target. Strong reaction from Y-2 sent NQ back up to Y-1. Y-1 resistance confirmed with end of week drop back down ...READ MOREIntraday Cycle Projection (USDCAD) 2020-10-16USDJPY Nov 07 to Nov 11 Outlook3DP Odds Table (USDCAD) 2012-12-203DP Odds Table (USDCAD) 2015-09-21Precog Vision – Forex 2013-11-14Forex Trading Open Secrets: Euro Dollar Simplex TradingHot n Cold (USDCAD) 2019-9-6EURUSD Apr 02 to Apr 06 OutlookPrecog Vision – Forex 2013-9-26Nasdaq 100 Sep 28 to Oct 02 Outlook
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USDCAD Nov 03 to Nov 07 Outlook
Lawrence’s Comment
Down side push resulted in a clean break out down to Y-2 target. Immediately price snap back above Y-1 and staged a run to Y+1 from the FBO against Y-1. Closed the week above Y-0 and midpoint.
Outlook
Sellers discovered above Y+1. It implies as long as B-0 holds, a run back up (can be a slow one) to retest Y+1 is likely.
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