Trading Edges That Last
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Lawrence's Comment Recap Clean spike and ledge setup worked out perfectly tagging target near Y-3 and no support until 200% range expansion was completed. Closed the week near Y-4 and week low. ...READ MORELawrence's Comment Recap Sold off early in the week but failed to tag Y-2. More b.s. coming from Greece forced a wild short squeeze mid week back up to 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 Y-0 support and then breakout to the upside. 100% absolute range expansion stopped the rally. Closed the week above Y+1 and midpoint. Outlook Y+1 / B-0 support for the ...READ MOREPrecog Vision – Forex 2018-7-2Weekly Cycle Projection (USDJPY) 2011-09-12Precog Vision – Forex 2022-11-2Precog Vision – Forex 2017-4-14Dow 30 Nov 16 to Nov 20 OutlookGBPUSD Sep 27 to Oct 01 OutlookEURUSD Mar 12 to Mar 16 OutlookIntraday Cycle Projection (USDJPY) 2021-11-22Precog Vision – Forex 2020-7-9AUDUSD Feb 01 to Feb 05 Outlook
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USDJPY Jul 13 to Jul 17 Outlook
Lawrence’s Comment
Similar to Cable, failing to clear previous week close led to a flush down to almost Y-3. Intervention happened and ninja went straight back up to Y-0. Closed the week near Y-0 and week high.
Outlook
The flush was partly a breakdown but also partly a stop hunt when ninja traded below Y-2.
Y-1 / B-0 acting as support will give ninja a chance to break this daily pullback process, with Y+1 to B+2 in play.
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