Trading Edges That Last
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Lawrence's Comment Recap Similar to Dow, ES just refused to go lower and continue its pattern of holding the upper range of previous week and pushed higher. When it fails to do ...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) 2013-06-18Precog Vision – Forex 2014-2-18Precog Vision – Forex 2020-10-19S&P 500 Feb 04 to Feb 08 OutlookHot n Cold (USDJPY) 2019-5-31USDCAD Mar 18 to Mar 22 OutlookHot n Cold (USDJPY) 2012-11-7Intraday Cycle Projection (USDJPY) 2016-04-28Intraday Cycle Projection (USDJPY) 2013-07-18Precog Vision – Forex 2023-1-18
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USDJPY May 13 to May 17 Outlook
Lawrence’s Comment
Cleared my resistance zone. Landed at target Y+3. Good enough for me. Closed the week at Y+3 and near week high.
Outlook
Two possible scenarios. First, consolidation around or above B+1 is likely as ninja cleared the major resistance in 1 go and in need to absorb the imbalance first. Second, if Y+3 serves as support, the melt up will have a good chance to continue and force a print at B+2 first.
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