Trading Edges That Last
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Lawrence's Comment Recap Got the first half of the week correct with both the topping zone and the first downside target. The reaction to the 1st target, however, caught me ...READ MOREHot n Cold (USDJPY) 2013-3-29Precog Vision – Forex 2013-10-2Precog Vision – Forex 2021-1-22USDJPY Feb 14 to Feb 18 Outlook3DP Odds Table (USDJPY) 2012-05-11Precog Vision – Forex 2014-12-163DP Odds Table (USDJPY) 2015-11-20Precog Vision – Forex 2013-12-173DP Odds Table (USDJPY) 2022-07-14Nasdaq 100 Dec 03 to Dec 07 Outlook
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USDJPY Mar 16 to Mar 20 Outlook
Lawrence’s Comment
Ninja was so strong, it pushed to 122 first in the beginning of the week setting up Y+1 as the consolidation midpoint. Closed the week near Y+1 and midpoint.
Outlook
A strong up trend is established with clear support line in place. Breaking below 121 decisively points to Y-0 and B-2 in play. This is normal reaction to the push higher on weekly and monthly, not the marking of a top.
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