Trading Edges That Last
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Lawrence's Comment Recap Rallied to the upside target of Y+2. Found resistance and sold off back down to Y-0 support. Y-0 could not hold it up, resulted in directional slide down to ...READ MORELawrence's Comment Recap The support zone mentioned last week worked out very well. B+1 was taken out quickly as expected too. Consolidation scenario played out like a script. Outlook As the support zone ...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 More downside as expected. Y-2 support sent NQ straight back upto Y-0. Y-0 breakout gave us a squeeze to fill the gap above. Closed the week above Y-0 and ...READ MOREPrecog Vision – Forex 2014-1-103DP Odds Table (USDJPY) 2013-06-05AUDUSD Jan 20 to Jan 24 OutlookEURUSD Apr 18 to Apr 22 OutlookPrecog Vision – Forex 2013-7-4EURUSD Jul 15 to Jul 19 OutlookPrecog Vision – Forex 2020-4-30Nasdaq 100 Jul 04 to Jul 08 OutlookIntraday Cycle Projection (USDJPY) 2011-11-093DP Odds Table (USDJPY) 2018-09-11
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USDJPY Jan 27 to Jan 31 Outlook
Lawrence’s Comment
As expected ninja consolidation within Y-0 and Y+1 first. Once Y-0 was breached, we get a go for Y-1. Y-1 tagged and breached by a flush. Closed the week below Y-1 and midpoint.
Outlook
2nd leg on daily pullback in progress. As long as Y-0 to B-0 acting as resistance more downside is expected.
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