Trading Edges That Last
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Lawrence's Comment Recap Y-0 acted as support early in the week started a strong 1-2-3 buy with Y+3 target. That in turn started a reverse waterfall effect on daily squeezing the shorts ...READ MORELawrence's Comment Recap Completely news driven. Euro simply zoom to the nearest target and then wait for the next news shock. Closed the week at Y-0 below midpoint. Outlook As long as ...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 Rising wedge broken and gave us Y-1 as expected. Closed the week near Y-1 and week low. Outlook The monthly resistance is now confirmed. B-0 / Y+1 very strong ...READ MORELawrence's Comment Recap 1-2-3 sell from Y+1 gave us Y-0. Y-0 support sent NQ back up to Y+1 and breakout to Y+2. Closed the week near Y+2 and week high. Outlook Uptrend ...READ MORELawrence's Comment Recap ES did not flush lower hence produced a bounce weaker than expected and failed to tag the pullback minimal target. News shock selling dropped ES lower again to another ...READ MOREEURUSD Jun 08 to Jun 12 OutlookHot n Cold (USDJPY) 2013-5-10EURUSD Jun 25 to Jun 29 OutlookPrecog Vision – Forex 2011-9-29GBPUSD May 09 to May 13 OutlookNasdaq 100 Aug 08 to Aug 12 Outlook3DP Odds Table (USDJPY) 2015-05-14Weekly Cycle Projection (USDJPY) 2015-03-09Intraday Cycle Projection (USDJPY) 2021-07-19S&P 500 Jan 18 to Jan 22 Outlook
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USDJPY Aug 01 to Aug 05 Outlook
Lawrence’s Comment
Further pullback to Y-2 and bounced. Y-0 acted as resistance again. When Y-1 also turned into resistance we gone breakdown move to Y-4. Closed the week near Y-4 and week low.
Outlook
Ninja simply dropped back down to the crime scene where the last squeeze higher started. This means there is no real push in either direction. We are still looking at monthly consolidation in a wide range. Next week is middle of the summer holiday season so consolidation around B-1 is likely with reduced range.
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