Trading Edges That Last
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Lawrence's Comment Recap 2-way play as expected. Y-0 resistance sent price down to near Y-1 and took off from there back up to equal distance from previous week close. Closed the week ...READ MOREContentReviewEuro Moves Back Into the ChannelS&P Support Defended, Now WhatGold Needs to Prove ItselfBig Picture SummaryReviewEuro collapsed back down like clockwork as expected.The sudden steep pullback happened in S&P as ...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 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 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 upside breakout we are looking for. Closed the week back down at midpoint above Y-0. Outlook Need Y-0 to act as support and rally above Y+1 again. ...READ MOREEURUSD Oct 22 to Oct 26 Outlook3DP Odds Table (USDJPY) 2015-10-23Precog Vision – Forex 2022-3-29Intraday Cycle Projection (USDJPY) 2011-08-23USDCAD Mar 09 to Mar 13 OutlookMBO Issue 98 (Feb 2020) The Unintended ConsequencePrecog Vision – Forex 2016-3-25Precog Vision – Forex 2018-8-29Precog Vision – Forex 2019-2-12USDJPY Jan 23 to Jan 27 Outlook
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USDJPY Oct 21 to Oct 25 Outlook
Lawrence’s Comment
Consolidated around Y+1 and then breakout upside failed. That gave us the Y-0 retest. Y-0 tagged eventually. Closed the week above Y-0 and below midpoint.
Outlook
Still bullish on daily but bearish in lower timeframes.
If Y-0 / B-1 fails to support ninja, we will get a breakdown drop to B-2 quickly. Even holding the support area, ninja still has to prove itself by clearing Y+1 swiftly in order to move higher. Measured move target points to B+2 and above.
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