Trading Edges That Last
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Lawrence's Comment Recap As mentioned last week, the reversal potential is there and no longer looking for short. Nailed it. 100% absolute range expansion stopped the run up slighly below ...READ MORELawrence's Comment Recap Y+1 support in the beginning of the week started a stop hunt to the up side. Y+2 tagged and ES went sideway since. Closed the week near Y+2 and ...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 Tagged target right at the start of the week and bounced. That opened the door to Y-2 as it failed to pop above the resistance area stated ...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 2015-12-11AUDUSD Apr 16 to Apr 20 OutlookIntraday Cycle Projection (USDCAD) 2018-09-06S&P 500 Jul 18 to Jul 22 OutlookPrecog Vision – Forex 2022-7-15AUDUSD May 14 to May 18 OutlookIntraday Cycle Projection (USDCAD) 2022-05-183DP Odds Table (USDCAD) 2022-10-25Precog Vision – Forex 2017-12-25Hot n Cold (USDCAD) 2017-12-22
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USDCAD Sep 10 to Sep 14 Outlook
Lawrence’s Comment
Loonie continue to strengthen last week. Y+1 was not challenged at all. After breaking below Y-1, a flush to Y-3 materialized. Closed the week near week low and below Y-2.
Outlook
As long as B-0 / Y-1 acting as resistance, more downside is expected.
As mentioned last week, 0.96 area is of great interest if we get a flush.
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