Trading Edges That Last
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Lawrence's Comment Recap Note: Somehow the post for last week is missing from the database. Consolidation week at 50% previous week range. Closed the week near Y-0 and below midpoint. Outlook 3rd week ...READ MOREWeekly Cycle Projection (USDJPY) 2022-07-18Precog Vision – Forex 2013-8-19Seasonal: Forex Majors In MarchPrecog Vision – Forex 2011-8-29Intraday Cycle Projection (USDJPY) 2018-02-28AUDUSD Aug 24 to Aug 28 OutlookNasdaq 100 Jan 30 to Feb 03 OutlookWeekly Cycle Projection (USDJPY) 2015-01-193DP Odds Table (USDJPY) 2015-04-28Intraday Cycle Projection (USDJPY) 2018-03-08
As Featured In
USDJPY Jul 16 to Jul 20 Outlook
Lawrence’s Comment
Tried very hard to form a low above the support zone mentioned last week yet failed to do so. Landing at the target zone finally resulted in extreme upside reaction, yet sold off back down to the support zone again. Closed below Y-1 and near week low.
Outlook
Partly news driven, partly stop run on a very thin market. Resistance is now clearly defined at 80. Long term up trend can resume once 80 is taken out and turning into support.
A game of patience here. Ample time to wait for the confirmation before jumping in.
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