Trading Edges That Last
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Lawrence's Comment Recap Did not retest Y-1. Instead, holding at Y-0 and breakout of Y+1, triggering the target of Y+3. Closed the week above Y+3. Outlook This week due to the S&P downgrade, ...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 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 Tried very hard to form a low above the support zone mentioned last week yet failed to do so. Landing at the target zone finally resulted in extreme ...READ MOREIntraday Cycle Projection (USDJPY) 2021-08-193DP Odds Table (USDJPY) 2015-09-213DP Odds Table (USDJPY) 2019-06-05USDCAD Aug 08 to Aug 12 OutlookIntraday Cycle Projection (USDJPY) 2011-10-27Precog Vision – Forex 2011-9-1Precog Vision – Forex 2014-7-22USDJPY Jul 16 to Jul 20 OutlookAUDUSD Aug 21 to Aug 25 Outlook3DP Odds Table (USDJPY) 2019-08-21
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USDJPY Feb 23 to Feb 27 Outlook
Lawrence’s Comment
Consolidation week at reduced range trapped inside Y-1 to Y-0. Closed the week below Y-0 and above midpoint.
Outlook
BOJ indeed doing what they claimed and no one dares to drop ninja near 118. This is not a healthy situation though, as ninja may drift higher to 120 but any up move will have to deal with the potential mini crash back down to Y-2.
Another pair not good for trading this week like euro.
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