Trading Edges That Last
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Lawrence's Comment Recap Y+1 cleared with strength gave us Y+2 quickly. Y+2 rejected resulting in a sharp fall back down to near Y-0 but 100% range expansion successfully stopped NQ from going ...READ MORERecap of last week Made a new low against the low of the week before, and tested 50% of previous month exactly. The quick run up stopped at 100% ...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 Jun 30 to Jul 04 OutlookUSDJPY Week of Dec 13th to Dec 17thEURUSD Sep 19 to Sep 23 OutlookGBPUSD May 03 to May 07 Outlook3DP Odds Table (USDCAD) 2015-02-27Precog Vision – Forex 2015-10-16Hot n Cold (USDCAD) 2012-2-83DP Odds Table (USDCAD) 2012-05-09Intraday Cycle Projection (USDCAD) 2014-05-21Intraday Cycle Projection (USDCAD) 2015-06-08
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USDCAD Sep 29 to Oct 03 Outlook
Lawrence’s Comment
Gold trashed so our bullish scenario played out. Got Y+1 in 1 go. End of week final squeeze pushed price even higher after 100% absolute range was reached. Closed the week above Y+1 and near week high.
Outlook
Breakout play not completed yet. 1.12 is the well-known parking spot for Loonie when it is weak. As long as Y+1 acting as support we should see that before Loonie will make a decision. 1.12 resistance points to steep pullback to B-0.
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