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
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
Ninja found support below Y-1 as expected and took off back up to the price level before its breakdown swing the week before. FOMC decision caused wild swing in ...
Lawrence's Comment
Recap
No real direction after a week of extreme trend buy days countering the overnight weaknesses. Consolidation / backfill actions waiting for the next news shock. Closed the week below ...
I have created a British Pound trading model that exploits the UK official bank rate announcement event. The article is now available from TraderPlanet.com. You can read the article at ...
AUDUSD May 07 to May 11 Outlook
Lawrence’s Comment
Did not push higher at all. First drop to Y-0 did not even hold above Y-0. That opens the door to Y-1. Closed the week well below Y-1 near Y-2.
Outlook
Total mess in terms of PA. Traders on both sides are trapped.
A flush to Y-2 likely results in a bounce to Y-1.
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