Trading Edges That Last
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Lawrence's Comment Recap Gap up above Y+1 leading to all out short squeeze. The extended target of Y+4 was tagged. Closed the week above Y+3. Outlook Right above B+1 is our 2X ...READ MORELawrence's Comment Recap 3rd push higher above Y+1 failed to clear monthly resistance. Y+1 turning into resistance since sending this back down to Y-0. Closed the week near Y-0 and week low. ...READ MORE3DP Odds Table (USDJPY) 2017-07-21Precog Vision – Forex 2013-6-24Precog Vision – Forex 2016-12-12Precog Vision – Forex 2018-4-11Intraday Cycle Projection (USDJPY) 2013-07-12Precog Vision – Forex 2011-3-10Nasdaq 100 Jan 23 to Jan 27 OutlookWeekly Cycle Projection (USDJPY) 2012-11-05USDCAD Nov 02 to Nov 06 OutlookWeekly Cycle Projection (USDJPY) 2022-02-21
As Featured In
USDJPY Jan 28 to Feb 01 Outlook
Lawrence’s Comment
Early in the week failed to push higher, got the pullback to exactly my support and then the rally continued. Closed the week above Y+1 and near week high.
Outlook
Last week turned out to be easier to trade than originally thought. I guess the grand posturing of Japan officials and BOJ has now been taken into account by most traders hence the clean moves to exact support.
Notice 88 suport is now created as the new floor level to protect ninja from going lower. This level is the new weekly support zone that has to hold for the rally to continue.
Looking for consolidation around B+1 this week.
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