Trading Edges That Last
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Lawrence's Comment Recap Stated to stay away from this pair (swing trade) last week due to potential Fed announcement impact. From an outside down week, the news shock reversed the bearish ...READ MOREWeekly Cycle Projection (USDJPY) 2020-09-21Precog Vision – Forex 2015-9-15Hot n Cold (USDJPY) 2013-11-153DP Odds Table (USDJPY) 2021-12-27Hot n Cold (USDJPY) 2012-2-10Weekly Cycle Projection (USDJPY) 2018-03-123DP Odds Table (USDJPY) 2021-08-30Precog Vision – Forex 2012-4-18USDCAD Sep 26 to Sep 30 OutlookIntraday Cycle Projection (USDJPY) 2015-04-17
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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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