Trading Edges That Last
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Lawrence's Comment Recap NQ was under heavy distribution mid week with likely target below Y+1, yet the BOJ announcement took the world by surprise and many traders are burnt badly. NQ shot ...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 Overall whole week behaved what a normal continuation week should with all the details completely messed up. First, Dow triple bottom against Y-1 and bounced back up to Y-0. ...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 MORENasdaq 100 Nov 03 to Nov 07 OutlookDow 30 Oct 02 to Oct 06 Outlook3DP Odds Table (USDCAD) 2017-06-123DP Odds Table (USDCAD) 2014-06-13Precog Vision – Forex 2023-1-4GBPUSD Nov 15 to Nov 19 OutlookDow 30 Aug 19 to Aug 23 OutlookPrecog Vision – Forex 2013-4-26Intraday Cycle Projection (USDCAD) 2019-06-12USDJPY Feb 13 to Feb 17 Outlook
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USDCAD Oct 24 to Oct 28 Outlook
Lawrence’s Comment
Y-0 acted as resistance keeping the price lower. Closed the week below Y-1.
Outlook
The intention is clear – to test the par level 1.00. How the price react from that will tell us if the pair can find a higher low at 1.00 and continue its daily level rally.
Failing to hold 1.00 will induce a quick selloff back down to monthly support zone back down at 0.98 area
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