Trading Edges That Last
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Lawrence's Comment Recap Y+1 tested and rejected. Back down to Y-0 and then collapsed to Y-1. Y-0 turned into strong resistance and sent Dow all the way down to Y-3 which is ...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 Unlike Dow, no strong pullback registered. As expected, NQ is the strongest of the 3 indices hence it consolidated around Y+1 area. Closed the week near week ...READ MOREEURUSD Oct 04 to Oct 08 OutlookPrecog Vision – Forex 2011-6-20Precog Vision – Forex 2022-2-4Hot n Cold (USDJPY) 2013-7-193DP Odds Table (USDJPY) 2011-08-05Dow 30 Mar 09 to Mar 13 OutlookPrecog Vision – Forex 2012-2-1Precog Vision – Forex 2019-5-23Nasdaq 100 Sep 16 to Sep 20 OutlookNasdaq 100 Mar 26 to Mar 30 Outlook
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USDJPY Aug 01 to Aug 05 Outlook
Lawrence’s Comment
As the US debt talk crisis continue, USD trashed across all majors. Closed the week at the G8 intervention price level now.
Outlook
Weak but also potential long term bottom in the making. All depends on the reaction to this support level.
Personally will sit out on longer term trades this week (i.e. beyond daytrading) because more news shock from US government is guarantee to spin everything out of control.
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