Trading Edges That Last
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Lawrence's Comment Recap Wedge broken to the upside, retest the wedge resistance trend line from above. Strong bounce up to first swing resistance and stalled. Closed the week below Y-1 and near ...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 As oppose to retest Y+1, Loonie did a 1-2-3 sell off Y-0 right from the start of the week. That points to at least a retest of ...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 MORE3DP Odds Table (USDJPY) 2015-05-08AUDUSD Oct 06 to Oct 10 OutlookPrecog Vision – Forex 2011-11-243DP Odds Table (USDJPY) 2016-03-22Intraday Cycle Projection (USDJPY) 2018-03-01Intraday Cycle Projection (USDJPY) 2023-01-11USDCAD Jan 23 to Jan 27 OutlookPrecog Vision – Forex 2021-10-21Precog Vision – Forex 2017-7-20EURUSD Jan 16 to Jan 20 Outlook
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USDJPY Oct 22 to Oct 26 Outlook
Lawrence’s Comment
Nailed this one as early in the week it popped above Y+1 quickly setting the stage for a run to at least Y+2. Rallied all the way to almost Y+3 before it stopped. Closed the week near week high and above Y+2.
Outlook
Easy trade on this long last week. Only thing is that it failed to tag Y+3 meaning it is not as strong as it looks. Consolidation around B+1 with upside bias for the coming week is expected.
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