Trading Edges That Last
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Lawrence's Comment Recap Y+1 acted as resistance and sent the pair back down to Y-1 as expected. Closed the week near week low and Y-1. Outlook Short term top in place meaning ...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 Got the expected selloff to Y-1 early in the week. Instead of staying below Y-1, Cable immediately fended off the selling by forming a 1-2-3 buy there. The FBO ...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 MOREIntraday Cycle Projection (USDJPY) 2011-06-303DP Odds Table (USDJPY) 2011-09-26Intraday Cycle Projection (USDJPY) 2019-02-01USDJPY Mar 26 to Mar 30 OutlookPrecog Vision – Forex 2022-11-2Intraday Cycle Projection (USDJPY) 2017-10-25GBPUSD Nov 18 to Nov 22 OutlookS&P 500 Jun 24 to Jun 28 OutlookPrecog Vision – Forex 2015-10-20Nasdaq 100 Mar 11 to Mar 15 Outlook
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USDJPY Mar 18 to Mar 22 Outlook
Lawrence’s Comment
Consolidated around previous week close. Took out Y+1 as expected from the slight upside bias. Closed the week below midpoint and above Y-0.
Outlook
Y-0 next tell tale zone. Rejection of Y+1 points to a test of at least Y-0. Since it did not happen last week we will likely get it this week. As long as B-0 is not breached on retest, B-2 is also in play.
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