Trading Edges That Last
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I wrote about social trading several weeks ago and some readers would like to know my objective take on this trading style. I do not expect that there are so ...READ MORELawrence's Comment Recap Y-0 support sent NQ up above Y+1 but it fails to hold above that which led to sell off back down to Y-0 and below. Y-0 was cleared quickly ...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 MORESocial Trading: Caveat EmptorNasdaq 100 Aug 10 to Aug 14 OutlookPrecog Vision – Forex 2021-8-3Intraday Cycle Projection (USDJPY) 2011-04-27Intraday Cycle Projection (USDJPY) 2015-01-273DP Odds Table (USDJPY) 2016-05-23Hot n Cold (USDJPY) 2011-9-15Precog Vision – Forex 2017-9-22GBPUSD Apr 22 to Apr 26 OutlookIntraday Cycle Projection (USDJPY) 2016-11-24
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USDJPY Nov 16 to Nov 20 Outlook
Lawrence’s Comment
Consolidation actions around Y+1 most part of the week. Jawboning happened by Japanese officials but no impact on the price actions so far. Closed the week above Y-0 and below midpoint.
Outlook
4 hour / daily bull flag points to continuation to the upside likely. Spike low against B-1 above B-2 will signal at least a test of B-0 and that will in turn break the bull flag resistance.
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