Trading Edges That Last
- You May Also Like
Lawrence's Comment Recap Breakout play worked out. Clearing Y-1 gave us a straight melt down to Y-3 target. Then a technical bounce took ES higher back to Y-1. Closed the ...READ MORELawrence's Comment Recap Pulled back to Y-0 early in the week and started climbing back up. Closed the week below Y+1. Outlook Clearly the weekly price levels are not honoured last week. ...READ MOREUSDJPY Oct 21 to Oct 25 OutlookIntraday Cycle Projection (USDCAD) 2017-02-21AUDUSD Feb 11 to Feb 15 Outlook3DP Odds Table (USDCAD) 2011-10-183DP Odds Table (USDCAD) 2022-05-09S&P 500 Oct 01 to Oct 05 OutlookUSDCAD Jan 16 to Jan 20 OutlookAUDUSD Oct 23 to Oct 27 OutlookUSDJPY Dec 12 to Dec 16 Outlook3DP Odds Table (USDCAD) 2016-06-22
As Featured In
USDCAD Nov 05 to Nov 09 Outlook
Lawrence’s Comment
Pushed above B+1 and 1.0 par level but failed to hold above that. Eventually broken down and dropped to Y-0. Closed the week above Y-0 and below midpoint.
Outlook
Y-0 defended points to a retest of Y+1 / B+1 area. The test at the resistance will tell if USD is really making a big come back.
Not interested in the short side as first pullback to even B-2 is a good long setup.
Share