Recap Perfect pullback to my resistance price and dropped all the way to end of week. Closed the week at the low and below Y-1.
Outlook As mentioned in MBO newsletter, Euro rally cannot be trusted because it is just delay tactics from Euro zone officials. At the end, they always agree to print more.
Daily uptrend broken. As long as 1.30 not breached looking for a drop to 1.26 again.
Lawrence's Comment
Recap
ES followed Dow and pulled an op ex 2-way play on the players. Closed the week near Y-0 and midpoint. To learn more about op ex weeks, read my ...
For 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 schedule
Lawrence's Comment
Recap
No pullback, just consolidation in tight range around previous week close / high zone. NQ then took off with ES and Dow upon the non-resolution in Europe on Friday. ...
Lawrence's Comment
Recap
Consolidation actions within Y+1 and Y-0 as expected until FOMC announcement. Breakout to the upside and filled the open gap above. Closed the week above Y+1 and near week ...
EURUSD Nov 05 to Nov 09 Outlook
Lawrence’s Comment
Perfect pullback to my resistance price and dropped all the way to end of week. Closed the week at the low and below Y-1.
Outlook
As mentioned in MBO newsletter, Euro rally cannot be trusted because it is just delay tactics from Euro zone officials. At the end, they always agree to print more.
Daily uptrend broken. As long as 1.30 not breached looking for a drop to 1.26 again.
Share