Trading Edges That Last
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Lawrence's Comment Recap Up trend expectation worked out from support. Y+2 normal target tagged. Closed the week above Y+1 and near week high. Outlook Brexit can cause all the majors to go ...READ MORELawrence's Comment Recap NQ gapped down to sell off target right off the start of the week. Long term channel support turned into resistance leading to trend sell all week. Closed 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 Rallied to Y+2 as expected after breakout of Y+1 and that it turns into support. Closed the week near Y+2 and week high. Outlook Rising wedge on 4 hour ...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 MORE3DP Odds Table (USDJPY) 2011-11-08USDCAD May 30 to Jun 03 OutlookNasdaq 100 Jan 11 to Jan 15 OutlookPrecog Vision – Forex 2023-4-3Hot n Cold (USDJPY) 2016-10-21USDJPY Jul 20 to Jul 24 OutlookIntraday Cycle Projection (USDJPY) 2018-10-24Precog Vision – Forex 2016-3-28Dow 30 Nov 26 to Nov 30 OutlookS&P 500 Feb 12 to Feb 16 Outlook
As Featured In
USDJPY Jun 23 to Jun 27 Outlook
Lawrence’s Comment
Pullback to support as expected but failed to clear 50% range once ninja tagged the price where the breakdown started the week before. Closed the week below Y-0 and above midpoint.
Outlook
Inside week with similar close. Trapped between 2 closest price levels. Breakout play of B+1 and B-1 could be tricky as FBO is a feature of the summer. First side taken out has a good chance of being FBO leading to whiplash back to the other end.
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