Trading Edges That Last
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Lawrence's Comment Recap Lower open did not breach the breakout boundary. Yet first try to go higher stalled below Y+1. Successfully defended defended week low leading to upside breakout to Y+2. Closed ...READ MORELawrence's Comment Recap News shock. Gap down to the downside target first. The funny thing is that the expected rally still happened right after the gap down is completed. 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 MORE3DP Odds Table (USDJPY) 2014-09-03Precog Vision – Forex 2021-10-15Precog Vision – Forex 2018-8-8Intraday Cycle Projection (USDJPY) 2020-10-083DP Odds Table (USDJPY) 2015-03-17S&P 500 Jan 27 to Jan 31 OutlookAUDUSD Jan 06 to Jan 10 OutlookDow 30 Nov 07 to Nov 11 OutlookPrecog Vision – Forex 2019-10-7Dow 30 Nov 02 to Nov 06 Outlook
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USDJPY Jan 20 to Jan 24 Outlook
Lawrence’s Comment
Quick drop to Y-2 and found support. Bounced back to Y-0 and found resistance. Closed the week below Y-0 and above midpoint.
Outlook
Consolidation likely to absorb the wild swings in both directions. 50% range consolidation points to price being trapped in B+1 and B-0 likely.
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