Trading Edges That Last
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Lawrence's Comment Recap Took another 50% expansion to finish majority of the shorts. Ninja reacted to Y+2 and stuck there since. Closed the week above Y+1 and midpoint. Outlook Initial shock 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 MORE3DP Odds Table (USDJPY) 2021-06-11AUDUSD May 17 to May 21 OutlookPrecog Vision – Forex 2018-3-1Intraday Cycle Projection (USDJPY) 2013-09-04Intraday Cycle Projection (USDJPY) 2018-09-21Precog Vision – Forex 2013-9-2Intraday Cycle Projection (USDJPY) 2016-05-20USDJPY Nov 10 to Nov 14 OutlookUSDCAD Jun 28 to Jul 02 OutlookPrecog Vision – Forex 2017-8-25
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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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