Trading Edges That Last
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Lawrence's Comment Recap The short squeeze scenario played out. The range expanded without any significant retracement. That is a bit surprising. Outlook Still no signs of accumulation and breadth is diverging from the ...READ MORELawrence's Comment Recap Cable reversed its down trend from exactly the level I mentioned last week and zoomed to Y+1. Very strong reaction to Y+1 bringing cable back down to Y-1. Closed ...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 As expected drift up to B+2 and stalled from there. Closed the week below midpoint. Outlook Retest of Y+1 to B-1 should be the first move in the agenda. There ...READ MOREPrecog Vision – Forex 2013-3-13DP Odds Table (USDJPY) 2011-07-12Hot n Cold (USDJPY) 2016-11-18S&P 500 May 02 to May 06 OutlookGBPUSD Mar 23 to Mar 27 OutlookIntraday Cycle Projection (USDJPY) 2011-11-11Intraday Cycle Projection (USDJPY) 2018-10-24Precog Vision – Forex 2022-10-17GBPUSD Jul 15 to Jul 19 OutlookAUDUSD Sep 05 to Sep 09 Outlook
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USDJPY Feb 15 to Feb 19 Outlook
Lawrence’s Comment
Continuation sell down to Y-2 yet failed to produce a bounce. Breaking below Y-2 gave us Y-3. Closed the weekbelow Y-2 and midpoint.
Outlook
Stop hunting move once Y-2 was breached as the range expansion is 100% of the range of the week before the break down. Ninja dropped to its monthly support. A drift back up to Y-2 / B-0 likely. Retest of B-1 also likely.
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