Trading Edges That Last
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Lawrence's Comment Recap Avoided Euro last week and the sudden wild intraday swings last week prove the point. Closed the week below Y-0 and above midpoint. Outlook Y-0 / B+1 strong resistance ...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 Pullback to Y-0 as expected. Rally from there and printed new high consistent with my bullish bias. Cannot ask for more. Closed the week at week high and above ...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 MOREPrecog Vision – Forex 2019-2-253DP Odds Table (USDJPY) 2017-10-243DP Odds Table (USDJPY) 2016-01-26Intraday Cycle Projection (USDJPY) 2021-11-26Precog Vision – Forex 2014-2-19EURUSD Aug 10 to Aug 14 OutlookPrecog Vision – Forex 2017-6-9USDJPY Jan 21 to Jan 25 OutlookPrecog Vision – Forex 2021-3-5Precog Vision – Forex 2020-10-8
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USDJPY Jul 21 to Jul 25 Outlook
Lawrence’s Comment
Instead of testing Y-1 first, ninja opted for test of Y-0 zone resistance first. That forced a drop in ninja back down to Y-1 later in the week. Closed the week above Y-1 and below midpoint.
Outlook
Inside week with weak close points to proper retest of Y-1 / B-1 is necessary. Reaction there will tell us what’s next.
In rare scenarios, should ninja surges higher above B+1 without a retest of Y-1 / B-1 support, as long as B+1 acts as support, a run to B+3 is likely.
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