Trading Edges That Last
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Lawrence's Comment Recap Cleared Y+1 early in the week and zoomed higher to tag Y+2. Failed to clear that and stalled quickly back down to near Y-1. Closed the week above Y-0 ...READ MORELawrence's Comment Recap As expected, even after breaking Y-1 euro refused to go lower quickly. slow choppy action down to near Y-2. Closed the week near Y-2 and week low. Outlook 1.33 target still ...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 NQ, ES consolidated around previous week close and waited for the FOMC announcement. Since then, breakout to the upside and tagged 100% absolute range expansion then stalled. ...READ MORELawrence's Comment Recap Am correct that euro entered its resistance area from various higher timeframes. The sell off from 1.39 of 200+ pips confirm longer term players are reacting to ...READ MOREUSDCAD Mar 02 to Mar 06 OutlookEURUSD Jul 28 to Aug 01 OutlookIntraday Cycle Projection (USDJPY) 2016-03-22Precog Vision – Forex 2022-2-8Nasdaq 100 Nov 20 to Nov 24 OutlookAUDUSD Dec 18 to Dec 22 OutlookHot n Cold (USDJPY) 2019-8-9GBPUSD Oct 31 to Nov 04 OutlookS&P 500 Sep 26 to Sep 30 OutlookEURUSD Oct 24 to Oct 28 Outlook
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USDJPY Sep 07 to Sep 11 Outlook
Lawrence’s Comment
Previous week close resistance dropped ninja back down to Y-0. Attempt to hold above 120 failed and led to further pullback down to below 119. Closed the week near Y-0 and week low.
Outlook
Inside week with close near Y-0 can be the sign of reaching equilibrium. As many players flushed out of positions 2 weeks ago. It is not clear which direction ninja will go until long term players taking a side. Wait and see mode.
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