Trading Edges That Last
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Lawrence's Comment Recap News shock moved the pair wildly and that led to G7 intervention. Closed the week below Y-2. Outlook There are still too many variables affecting the short term (hourly) volatility. ...READ MORELawrence's Comment Recap Breakout to the downside after failure to clear the upside resistance. ES tagged the downside target mentioned last week perfectly and then bounced. Closed the week below B-0 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 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 MORE3DP Odds Table (USDJPY) 2013-08-13Precog Vision – Forex 2012-12-6Intraday Cycle Projection (USDJPY) 2014-03-18USDJPY Mar 21 to Mar 25 Outlook3DP Odds Table (USDJPY) 2015-01-26S&P 500 Jun 24 to Jun 28 Outlook3DP Odds Table (USDJPY) 2023-05-02AUDUSD Jul 09 to Jul 13 OutlookPrecog Vision – Forex 2013-8-1Dow 30 Aug 19 to Aug 23 Outlook
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USDJPY Apr 20 to Apr 24 Outlook
Lawrence’s Comment
Ninja rejected Y+1 decisively giving us Y-0 quickly. Since then previous week close also turned into resistance giving us a go for Y-1. Y-1 tagged later in the week. Closed the week near Y-1 and below midpoint.
Outlook
Outside week down close has not broken the base built around 118 yet. This means this bottom boundary will be challenged soon. Obvious pocket at Y-0 / B-0 will be tested if ninja can hold Y-1.
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