Trading Edges That Last
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Lawrence's Comment Recap As expected, a strong swing emerged after all those spikey moves. Clearing Y+2 as mentioned last week is not something to counter. Closed the week near week high and ...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 MORELawrence's Comment Recap Sold off to B-2 as expected early in the week. Rallied all the way back to challenge Y-0 and failed. Closed the week at midpoint and above Y-1. Outlook ES ...READ MOREGBPUSD Sep 16 to Sep 20 OutlookPrecog Vision – Forex 2016-12-1Weekly Cycle Projection (EURUSD) 2014-12-08Hot n Cold (EURUSD) 2016-2-53DP Odds Table (EURUSD) 2017-04-27Intraday Cycle Projection (EURUSD) 2013-12-12S&P 500 May 23 to May 27 Outlook3DP Odds Table (EURUSD) 2014-01-08USDJPY Dec 04 to Dec 08 OutlookEURUSD Aug 24 to Aug 28 Outlook
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EURUSD Apr 18 to Apr 22 Outlook
Lawrence’s Comment
The support zone mentioned last week worked out very well. B+1 was taken out quickly as expected too. Consolidation scenario played out like a script.
Outlook
As the support zone was not breached, more upside to B+2 and B+3 is expected.
The more difficult scenario is a grind at B-1 and breaking that slowly. If that happens we will see a difficult ride down to B-2.
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