Trading Edges That Last
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Lawrence's Comment Recap Continued with the march to above 82. Y+2 tagged with mild pullback. Closed the week below Y+2 and above midpoint. Outlook Next upside target is 86. Ninja is at a ...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 Drop to Y-2 as expected. Y-2 / 4400 strong support points to Y-1 retest. Then the rumors about Greece surfaced and had driven NQ back up to Y-0. By ...READ MOREPrecog Vision – Forex 2021-2-33DP Odds Table (USDJPY) 2018-03-123DP Odds Table (USDJPY) 2014-07-08USDJPY Nov 26 to Nov 30 Outlook3DP Odds Table (USDJPY) 2021-05-10Precog Vision – Forex 2015-3-6Nasdaq 100 Jun 15 to Jun 19 OutlookUSDJPY Aug 03 to Aug 07 OutlookIntraday Cycle Projection (USDJPY) 2011-11-10USDJPY Nov 25 to Nov 29 Outlook
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Lawrence’s Comment
News shock created the double top and breached Y-0 support. The downside target of the double top tagged by end of the week. Closed the week below Y-1.
Outlook
Lowest price level for dollar yen in years printed this past week. The bottom picking in this pair has created a huge imbalance that a flush of this kind is unavoidable.
Still looking for the bottom forming process to complete first before trading this pair. If we get a w. spring from this new low off the previous long term low, the bottom will be confirmed.
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