Another simple forex trading signal that exploits the weekly mean reversion property of Euro. The strength of this system is in its simplicity. For those who have read ...
For 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 schedule
For 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 schedule
Lawrence's Comment
Recap
Pullback to Y-0 and took off immediately. Got the upside target 12900 as mentioned last week. Closed the week at Y+1 and midpoint.
Outlook
So far Dow has failed ...
USDJPY Jun 20 to Jun 24 Outlook
Lawrence’s Comment
Ninja flushed below Y-3 as expected with no snap back. Y-4 acted as support since. Closed the week below Y-3 and midpoint.
Outlook
Brexit can indirectly affects ninja jumping back up to Y-1 or B-2 quickly. Wait and see mode.
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