Trading Edges That Last
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Lawrence's Comment Recap Y-1 breached early in the week but did not act as resistance. That is the early signs of strength. Couple that with the spike low is 100% ...READ MORELawrence's Comment Recap The most timid index out of the 3 major indices. Opened the week near Y+1 and resistance there pressed ES lower. Ledge action led to upside breakout into Brexit. ...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 MOREPrecog Vision – Forex 2019-10-73DP Odds Table (USDJPY) 2017-10-03EURUSD Feb 21 to Feb 25 Outlook3DP Odds Table (USDJPY) 2011-09-08S&P 500 May 04 to May 08 OutlookS&P 500 Jun 27 to Jul 01 OutlookHot n Cold (USDJPY) 2013-6-7Weekly Cycle Projection (USDJPY) 2017-03-13Precog Vision – Forex 2015-2-12Intraday Cycle Projection (USDJPY) 2016-09-13
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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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