Trading Edges That Last
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Lawrence's Comment Recap Another easy play last week. Cable broke out to the upside. Traded above Y+3 as expected. Consolidation around Y+3 since. Closed the week near Y+3 and above midpoint. Outlook The breakout ...READ MORELawrence's Comment Recap What resistance? Y-0 did not even give cable a pause when it shot up from previous week close. That opened the door to Y+1. Cleared Y+1 midweek. ...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 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 Jan 01 to Jan 05 OutlookGBPUSD Jul 07 to Jul 11 OutlookWeekly Cycle Projection (USDCAD) 2014-09-08GBPUSD Dec 17 to Dec 21 OutlookPrecog Vision – Forex 2018-5-31EURUSD Jul 12 to Jul 16 OutlookEURUSD Dec 12 to Dec 16 OutlookEURUSD Mar 13 to Mar 17 OutlookPrecog Vision – Forex 2011-4-28Intraday Cycle Projection (USDCAD) 2021-07-16
As Featured In
USDCAD Oct 26 to Oct 30 Outlook
Lawrence’s Comment
Y-0 turned into support by mid week. Y-0 sent this up to Y+1. Y+2 was eventually tagged. Closed the week above Y+1 and near week high.
Outlook
The weekly level support is now proven too strong for swing shorts. Retest of year high in the making.
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