Trading Edges That Last
- You May Also Like
Lawrence's Comment Recap Collapsed down to target as expected BUT that is not shown in the chart because the selloff happened in afterhours. Bounced off that afterhours low and never looked ...READ MORELawrence's Comment Recap Behaved like euro, cable simply failed to hold Y-1 and dropped to below Y-2 and stopped when 100% absolute range expansion was completed. Closed the week at ...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 MOREDow 30 Aug 29 to Sep 02 Outlook3DP Odds Table (USDJPY) 2013-06-11S&P 500 Apr 09 to Apr 13 OutlookWeekly Cycle Projection (USDJPY) 2021-12-063DP Odds Table (USDJPY) 2014-02-06Intraday Cycle Projection (USDJPY) 2015-07-08GBPUSD Nov 28 to Dec 02 OutlookPrecog Vision – Forex 2011-5-63DP Odds Table (USDJPY) 2017-06-13Intraday Cycle Projection (USDJPY) 2015-05-11
As Featured In
USDJPY Sep 29 to Oct 03 Outlook
Lawrence’s Comment
Consolidation around previous week close. Y-0 acted as support. Closed the week above Y-0 and midpoint.
Outlook
Consolidation instead of pullback from blowoff action is bullish. This points to potential short squeeze into B+2 and above. Longer term targets for ninja has always been 1.08 and then 1.12. I thought ninja needs to pause at 1.08-1.09 originally. I am not so sure anymore as retail committed positions are still too bearish on ninja.
Share