Trading Edges That Last
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Lawrence's Comment Recap Consolidation expectation worked out nicely. Ninja zoomed to Y+1 and found resistance. After 2nd try at Y+1 and failed to clear the stage was set for a drop back ...READ MORELawrence's Comment Recap Y+1 rejected with a clean drop below Y-1. End of week shock from BOJ stopped the downward move somehow without expanding to Y-2. Closed the week near Y-1 and ...READ MOREPrecog Vision – Forex 2015-5-14Intraday Cycle Projection (USDJPY) 2014-11-13USDCAD May 09 to May 13 Outlook3DP Odds Table (USDJPY) 2022-03-14Hot n Cold (USDJPY) 2014-4-43DP Odds Table (USDJPY) 2023-03-13USDJPY Apr 06 to Apr 10 OutlookIntraday Cycle Projection (USDJPY) 2020-07-13GBPUSD Nov 03 to Nov 07 Outlook3DP Odds Table (USDJPY) 2017-10-10
As Featured In
USDJPY Apr 15 to Apr 19 Outlook
Lawrence’s Comment
Swinged higher. Exceeded upside expectation and consolidated above Y+1. Closed the week near Y+1 and below midpoint.
Outlook
Did not make it to Y+2 and tight range for the week points to the need of time to absorb the upswing. May fall back down to B-3 but not necessary. The full impact of Japan’s planned monetary base 100% expansion is still not fully understood by the world thus more time is needed.
Overall bias is more upside for the long term as the move chosen by BOJ and Japanese government will finally destroy their economy completely.
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