Trading Edges That Last
- You May Also Like
Lawrence's Comment Recap Back to Y-0 quickly as expected. Double bottom on 30-min forced a run to previous week close. No fuel to go higher right after and dropped straight down to ...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 First time since beginning of the year where Y-0 acted as resistance and gave us a selloff down to my target area 14800-14900. As I warned last week, beware ...READ MORELawrence's Comment Recap All week updrift from near Y-0 fitted the NFP play perfectly. Y+2 target tagged without any real resistance. Clsoed the week near Y+2 and above midpoint. Outlook Parabolic run ...READ MORELawrence's Comment Recap Y-0 resistance dropped NQ below Y-1. Yet it was not supported by other indices. FBO against Y-1 forced a test of Y-0 and gap push above Y+1. Closed the ...READ MOREUSDJPY Jan 14 to Jan 18 OutlookNasdaq 100 Sep 29 to Oct 03 OutlookDow 30 May 16 to May 20 OutlookPrecog Vision – Forex 2011-3-143DP Odds Table (USDJPY) 2013-06-03Dow 30 Jun 10 to Jun 14 OutlookS&P 500 Mar 07 to Mar 11 OutlookIntraday Cycle Projection (USDJPY) 2017-04-19Weekly Cycle Projection (USDJPY) 2014-06-09Nasdaq 100 Apr 18 to Apr 22 Outlook
As Featured In
USDJPY Oct 05 to Oct 09 Outlook
Lawrence’s Comment
As expected no strong directional move with Y-1 and Y-0 boundaries pretty much trapped the price actions all week. NFP led to the sudden swing breaking below Y-1 but it is not confirmed on daily as price snapped back up immediately. Closed the week below Y-0 and above midpoint.
Outlook
Still within the previous consolidation range means we have to wait for the daily level breakout again. Strong reaction below Y-1 and 119 means an attempt at the other end B+1 and above is likely.
Share