Trading Edges That Last
- You May Also Like
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 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 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 Ninja failed to clear Y+1 gave us a drop to Y-1. Ninja reacted to Y-1 but it failed to stop the drop right there. A bear flag on 4 ...READ MORELawrence's Comment Recap Tight range consolidation before FOMC announcement. After that, spike high to test Y-0 and failed to clear it. Fell hard down to Y-2 before finding support. Closed the week ...READ MORELawrence's Comment Recap NQ failed to clear former resistance from Y-0 has opened the door to gap fill below. Got that in 1 go and a strong bounce was resulted. Yet NQ ...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 MOREUSDJPY Apr 11 to Apr 15 Outlook3DP Odds Table (USDJPY) 2017-02-20USDJPY Apr 06 to Apr 10 OutlookIntraday Cycle Projection (USDJPY) 2015-05-11Precog Vision – Forex 2016-5-10Precog Vision – Forex 2018-7-24USDJPY Jan 05 to Jan 09 OutlookUSDJPY Sep 26 to Sep 30 OutlookNasdaq 100 Mar 17 to Mar 21 OutlookPrecog Vision – Forex 2014-9-11
As Featured In
USDJPY Aug 03 to Aug 07 Outlook
Lawrence’s Comment
Pullback to Y-2 support zone as expected. Ninja rallied since to tag Y+1. Strong reaction at Y+1 zone bought ninja back down. Closed the week below Y-0 and near midpoint.
Outlook
Intervention dynamics making it more difficult to clear the weekly resistance above. BOJ official position is that ninja going higher is not “sustainable”. On weekly basis, ninja is in a strong up trend. Consolidation in the current range is bullish.
Share