Trading Edges That Last
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Lawrence's Comment Recap Lower timeframe bearishness took Ninja down from FBO at Y-0 down to 100% absolute range expansion. Closed the week below Y-1 and midpoint. Outlook Now lower and higher timeframes are aligned. ...READ MORELawrence's Comment Recap This pair just stuck at a tight range all week. The break and flush near end of week did not produce a run as it bounced back up ...READ MORELawrence's Comment Recap Bearish bias played out well last week. Normal breakdown play target Y-3 tagged and acted as support. Price consolidated since. Closed the week near Y-2 and midpoint. Outlook Situation ...READ MORELawrence's Comment Recap Sold off to below 1.30 triggered intervention by spreading rumors and speculative news again. Closed the week below Y-0 and above midpoint. Outlook Below 1.30 is rejected due to ...READ MOREUSDJPY Oct 28 to Nov 01 OutlookUSDCAD Jan 14 to Jan 18 Outlook3DP Odds Table (GBPUSD) 2011-04-203DP Odds Table (GBPUSD) 2012-01-31Intraday Cycle Projection (GBPUSD) 2016-11-01Dow 30 Jul 06 to Jul 10 OutlookHot n Cold (GBPUSD) 2012-6-4EURUSD Feb 20 to Feb 24 OutlookDow 30 Apr 12 to Apr 16 Outlook3DP Odds Table (GBPUSD) 2011-04-15
As Featured In
GBPUSD Week of Nov 22nd to 26th Outlook
Recap of last week
Monthly structural price levels came into play. Failed in beginning of the week to hold above monthly initiation mid point + previous month high gave us a drop to previous month midpoint. Bounced off that to retest previous month high and failed. Closed the week below weekly midpoint.
Next week outlook
Confirmed weaknesses on weekly, closed below previous month close, etc. points to a quick run down to previous month low (red zone). A low probability setup of breaking above previous month high + previous month close area (yellow zone) will lead to a short squeeze type of action to retest current month high (green zone).
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