Trading Edges That Last
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Lawrence's Comment Recap Consolidation around Y-0 until Mrs. Yellen's comment time. Previous week close defended and led to an all out squeeze higher. 100% absolute range expansion to the upside tagged. Closed ...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 MORELawrence's Comment Recap Y+1 cleared invalidating the bearish bias. Y+2 tagged quickly right after. Measured target from 4 weeks ago reached by the end of the week. Closed the week above Y+2 ...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 MOREPrecog Vision – Forex 2014-5-20Nasdaq 100 Dec 19 to Dec 23 OutlookNasdaq 100 Mar 14 to Mar 18 Outlook3DP Odds Table (EURUSD) 2016-03-173DP Odds Table (EURUSD) 2012-05-30USDJPY Aug 29 to Sep 02 OutlookPrecog Vision – Forex 2017-1-31Precog Vision – Forex 2020-7-23S&P 500 Jul 07 to Jul 11 OutlookPrecog Vision – Forex 2022-12-8
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EURUSD Jul 30 to Aug 03 Outlook
Lawrence’s Comment
Tagged Y-2 as expected. Then came the empty promises from various officials in Europe. Short squeeze all the way. Closed the week near week high.
Outlook
Same old empty promises strike again. Popped euro higher and other risk assets as well. We all know it will not last.
For now, however, just play along. As long as B-0 acting as support, Euro can go higher.
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