Trading Edges That Last
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Lawrence's Comment Recap Flushed below Y-1 and snap back up as expected. Pretty much risk free long since. Zoomed higher until 100% absolute range expansion is completed. Closed the week above Y-0 ...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 MOREI have introduced the concept of Point of No Return some time ago here. It is not a complex concept but many traders find it difficult to apply the concept ...READ MOREHot n Cold (AUDUSD) 2018-8-24Precog Vision – Forex 2016-11-25Intraday Cycle Projection (AUDUSD) 2015-04-09Intraday Cycle Projection (AUDUSD) 2020-08-31Hot n Cold (AUDUSD) 2022-8-5GBPUSD Mar 18 to Mar 22 OutlookPrecog Vision – Forex 2015-11-11Intraday Cycle Projection (AUDUSD) 2013-04-18Intraday Cycle Projection (AUDUSD) 2013-10-11How to Compute the Point of No Return
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AUDUSD Jul 27 to Jul 31 Outlook
Lawrence’s Comment
Bearish bias worked out. Y-0 resistance sent Aussie down to Y-2 normal target. Closed the week near Y-2 and week low.
Outlook
Y-3 target is still in play. Y-1 / B-0 strong resistance until proven otherwise.
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