Trading Edges That Last
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Lawrence's Comment Recap Consolidation play earlier part of the week with Y-1 support. Later in the week trouble in Yemen led to break down play which doubled the range for the week. ...READ MORELawrence's Comment Recap Strong breakout above 1.33 did not happen. Instead, a w. upthrust against Y+1 happened early in the week. That put Y-0 and Y-1 into play. Closed the ...READ MOREPrecog Vision – Forex 2017-10-23Intraday Cycle Projection (USDJPY) 2015-10-22Weekly Cycle Projection (USDJPY) 2019-10-07Weekly Cycle Projection (USDJPY) 2013-10-14Precog Vision – Forex 2023-4-13USDJPY Mar 30 to Apr 03 OutlookIntraday Cycle Projection (USDJPY) 2015-10-23Intraday Cycle Projection (USDJPY) 2012-09-10Nasdaq 100 Feb 13 to Feb 17 OutlookEURUSD May 07 to May 11 Outlook
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USDJPY Mar 21 to Mar 25 Outlook
Lawrence’s Comment
News shock moved the pair wildly and that led to G7 intervention. Closed the week below Y-2.
Outlook
There are still too many variables affecting the short term (hourly) volatility. Not a good idea to trade on this pair until the current crisis settledown.
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