Trading Edges That Last
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Lawrence's Comment Recap Cleared my resistance zone. Landed at target Y+3. Good enough for me. Closed the week at Y+3 and near week high. Outlook Two possible scenarios. First, consolidation around or above B+1 ...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 MORES&P 500 Feb 27 to Mar 03 OutlookPrecog Vision – Forex 2018-11-30Precog Vision – Forex 2023-5-23DP Odds Table (USDJPY) 2020-12-02Precog Vision – Forex 2017-6-13USDJPY May 13 to May 17 Outlook3DP Odds Table (USDJPY) 2017-11-24Intraday Cycle Projection (USDJPY) 2019-03-14S&P 500 Jan 16 to Jan 20 OutlookS&P 500 Jun 29 to Jul 03 Outlook
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USDJPY Dec 10 to Dec 14 Outlook
Lawrence’s Comment
As expected, total sideway action all week. slided down to Y-1 and bounced. Pushed thru Y-0 and tried to breakout upside above Y+1 failed. Closed the week near midpoint and Y-0.
Outlook
Election on 16th. Not going to touch this pair until it is over.
Chart pattern is consolidation breakout mode. As original direction was up before entering the consolidation, upside breakout has a slight edge over a breakdown.
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