Trading Edges That Last
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Lawrence's Comment Recap Major selling actions witnessed last week. The rally of the week prior to last one was erased completely. Closed the week above Y-1 and below midpoint. Outlook As oppose to closing ...READ MORELawrence's Comment Recap Strength in gold helping to push this pair lower. Resistance at 1.08 was not even challenged. Y-1 resistance gave way to Y-2 target. Closed the week below Y-2 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 MORELawrence's Comment Recap Gap down open led to an all out rally defending Y-0. The surprise move to many was good enough to get Y+1 early in the week. ES holding above ...READ MORELawrence's Comment Recap FBO Monday against Y+1 set the stage for a drop back down to Y-0. The rest of the week just played out the script. Y-0 tagged eventually and ES ...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 MOREIntraday Cycle Projection (USDJPY) 2013-04-18Dow 30 Apr 22 to Apr 26 OutlookUSDCAD Jun 30 to Jul 04 OutlookPrecog Vision – Forex 2023-4-5S&P 500 Apr 13 to Apr 17 Outlook3DP Odds Table (USDJPY) 2014-04-14S&P 500 Jun 29 to Jul 03 OutlookPrecog Vision – Forex 2015-6-43DP Odds Table (USDJPY) 2019-03-12USDCAD May 01 to May 05 Outlook
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USDJPY Aug 24 to Aug 28 Outlook
Lawrence’s Comment
3 Pushes Up top as mentioned last week gave us a clean sell off down to Y-2 and waterfall effect carried ninja lower to below Y-3. Closed the week below Y-3 and near week low.
Outlook
The last part of the flush is mainly stop run. A bounce to 123 area is reasonable. Consolidation play around B-1 with reduced range likely.
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