Trading Edges That Last
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Lawrence's Comment Recap As mentioned last week, once 2350 is taken out, 50% upside range expansion is expected and that is 2380 area. All attempts to stop the rally in ...READ MORELawrence's Comment Recap Y-0 held as support, zoomed higher at the end of the week to Y+2 and above as expected. Closed the week above Y+2 and midpoint. Outlook The last part of the ...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 Gap above Y+1 killed the pullback potential down to Y-2. That did not changed the consolidation actions that is expected for the week. Wild swings by the end of ...READ MORELawrence's Comment Recap Euro in wait and see mode early part of the week for the outcome from Euro zone meeting. After that euro drifted higher but not by much. Closed the ...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 MORENasdaq 100 Feb 14 to Feb 18 OutlookEURUSD Jun 10 to Jun 14 OutlookPrecog Vision – Forex 2019-1-13DP Odds Table (USDJPY) 2019-02-08Dow 30 Mar 03 to Mar 07 Outlook3DP Odds Table (USDJPY) 2018-12-25S&P 500 Dec 12 to Dec 16 Outlook3DP Odds Table (USDJPY) 2016-12-19EURUSD Feb 16 to Feb 20 OutlookPrecog Vision – Forex 2018-7-27
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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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