Trading Edges That Last
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Lawrence's Comment Recap Y-0 acted as support on first test but failed to hold up loonie afterwards, that opened the door to tag Y-1 and Y-2. Closed the week near Y-2. Outlook 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 MOREBloomberg just revealed the allegation made by New York regulators against Deutsche Bank. http://www.bloomberg.com/news/2014-12-10/ny-regulator-said-to-probe-deutsche-bank-barclays-fx-algorithms.html?hootPostID=c3a0b99fe1cf5f2d282303c2f5580895 This is what you get when the bank created the bot in the first ...READ MORELawrence's Comment Recap I was talking about sudden wild swings last week and we got that everyday last week. Every day during european session euro drifted lower yet by US ...READ MOREPrecog Vision – Forex 2019-4-1USDCAD Sep 19 to Sep 23 OutlookIntraday Cycle Projection (USDJPY) 2020-07-213DP Odds Table (USDJPY) 2023-03-203DP Odds Table (USDJPY) 2021-07-13Precog Vision – Forex 2020-11-9Hot n Cold (USDJPY) 2011-9-29When One Bot Dominate the Forex MarketsEURUSD Jul 23 to Jul 27 Outlook3DP Odds Table (USDJPY) 2020-09-02
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USDJPY Mar 05 to Mar 09 Outlook
Lawrence’s Comment
Breakout upside right from the start of the week met with news shock sending the pair back to Y-0. Y-0 acted as support and closed the week at our upside target.
Outlook
The delay in tagging the upside target by end of week means there are enough sellers around Y+1 area making it a significant price level.
If a top is formed between Y+1 and B+1, dollar yen will have its first important pullback that can last 2 to 3 weeks with B-1 as the first downside target.
If B+1 is cleared, then B+2 should be tagged quickly.
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