Trading Edges That Last
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Recap No selloff. No strong rally. Started the week with a 3 push up to Y+1 for a staged selloff back down to Y-1. Rinse and repeat. Closed the week ...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 MORERecap of last week 4 trading days, 3 gaps. Most people would assume it is light volume trading thus the market was directionless and choppy. That was not true. ...READ MORELawrence's Comment Recap FBO against Y-1 early in the week sent cable back up to 100% absolute range expansion. Stalled from there since. Closed the week above Y-0 and midpoint. Outlook Signs of a ...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 Similar to Dow and NQ, ES shot up whole week last week and recovered all the ground it lost over the past several weeks. Closed the week ...READ MOREUSDJPY Jul 18 to Jul 22 Outlook3DP Odds Table (USDJPY) 2016-08-10Nasdaq 100 May 16 to May 20 OutlookPrecog Vision – Forex 2014-10-73DP Odds Table (USDJPY) 2013-02-22S&P 500 Week of Nov 29th to DecGBPUSD Dec 15 to Dec 19 OutlookPrecog Vision – Forex 2023-5-2USDJPY Dec 24 to Dec 28 OutlookS&P 500 Nov 26 to Nov 30 Outlook
As Featured In
USDJPY May 30 to Jun 03 Outlook
Lawrence’s Comment
Retest of Y+1 first, then stalled and failed to hold above Y-0. Flushed to the natural target of Y-1 and closed at the low of the week.
Outlook
The slow steady drift up is over. Although Y-1 was not breached, the pair needs more time to consolidate before it will find a direction. The past week is an inside week, as long as B-1 and Y-1 acts as support, B-0 and B+1 are in play.
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