Trading Edges That Last
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Lawrence's Comment Recap 2 weekly down trend resistance breakout gave us a run to 2 week high and in turn stops are found and sent Aussie to Y+2. Strong reaction at Y+2 ...READ MORELawrence's Comment Recap As expected ES dropped down to the Y-2 and Y-3 area and fighted hard to hold up. Y-0 acting as resistance forced a retest of week low made on ...READ MOREPrecog Vision – Forex 2022-4-19Intraday Cycle Projection (USDJPY) 2016-11-02AUDUSD May 18 to May 22 OutlookUSDCAD May 24 to May 28 OutlookIntraday Cycle Projection (USDJPY) 2017-01-023DP Odds Table (USDJPY) 2021-06-17Dow 30 Jul 08 to Jul 12 OutlookHot n Cold (USDJPY) 2011-8-10Dow 30 Apr 13 to Apr 17 OutlookS&P 500 Oct 07 to Oct 11 Outlook
As Featured In
USDJPY Dec 07 to Dec 11 Outlook
Lawrence’s Comment
Ninja tested Y+1 and failed to clear it. Dropped back down to Y-0 and found support. 2nd attempt at Y+1 cleared it and moved higher until 100% absolute range expansion. Failed to hold above Y+1 sent it back down to Y-1. Bounced off Y-1. Closed the week above Y-0 and midpoint.
Outlook
Sideway actions simply reflect the lower liquidity during this holiday season. 2-way play with no follow through is expected.
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