Trading Edges That Last
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Lawrence's Comment Recap Mentioned to avoid this pair last week. And here it is, in tight range consolidation with no direction at all. Closed the week below Y-1. Outlook The sideline movement has ...READ MOREHot n Cold (USDJPY) 2012-3-23DP Odds Table (USDJPY) 2013-01-23Precog Vision – Forex 2018-9-43DP Odds Table (USDJPY) 2016-12-16Precog Vision – Forex 2017-4-25Precog Vision – Forex 2013-7-26GBPUSD Mar 21 to Mar 25 OutlookS&P 500 Feb 01 to Feb 05 OutlookGBPUSD Sep 19 to Sep 23 OutlookIntraday Cycle Projection (USDJPY) 2022-08-22
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USDJPY Apr 30 to May 04 Outlook
Lawrence’s Comment
A pretty perfect week. Y-0 acted as support early in the week sending dollar yen to Y+1, which acted as resistance. Y-0 failed to act on 2nd time as support, we got Y-1 by end of week. Nice swings all the way.
Outlook
A flush is needed to give us a good bottom on weekly. B-1 downto B-2 is close to the long term support area as well. Will see if a flush to B-2 early in the coming week can produce a bottom.
Rally above B-0 will get us an excuse to rally to B+2.
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