Recap As expected, consolidation price actions all week. Closed the week near midpoint and Y-0.
Outlook Summer Games is not over yet. Inside week points to breakout in play. No point trading this until we get a clean break outside of the Y+1 / Y-1 range.
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
Y-0 did not hold Aussie down. Gold surged in beginning of the week. Good enough excuses to pop Aussie to Y+2. After tagging Y+2 normal upside target, ...
Lawrence's Comment
Recap
What normal? Another continuous drift higher until round number 13900 was tagged. Led to the usual 100 points pullback. Then extreme reaction to the level with a gap up ...
Lawrence's Comment
Recap
I was expecting something like what happened to Dow and instead got a run like NQ. ES started out the week defending Y+1 and then pushed higher to tag ...
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
ES dropped lower initially but turned into 1-2-3 buy on 30-minute against Y-1 which gave us a go for Y-0. Y-0 was cleared and turned into support. This sent ...
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
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
GBPUSD Aug 06 to Aug 10 Outlook
Lawrence’s Comment
As expected, consolidation price actions all week. Closed the week near midpoint and Y-0.
Outlook
Summer Games is not over yet. Inside week points to breakout in play. No point trading this until we get a clean break outside of the Y+1 / Y-1 range.
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