Trading Edges That Last
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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 ...READ MORELawrence's Comment Recap Easy play of the week. Spiked against Y-0 and failed to hold above gave us Y-1 target. Tagged Y-1 and reversed sharply yet could not clear Y-0. Gave us ...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 MOREIntraday Cycle Projection (EURUSD) 2019-06-18S&P 500 Nov 30 to Dec 04 Outlook3DP Odds Table (EURUSD) 2012-09-07GBPUSD Week of Nov 22nd to 26th Outlook3DP Odds Table (EURUSD) 2017-08-21Hot n Cold (EURUSD) 2012-8-103DP Odds Table (EURUSD) 2022-01-13Intraday Cycle Projection (EURUSD) 2012-04-17EURUSD Mar 31 to Apr 04 OutlookPrecog Vision – Forex 2011-7-28
As Featured In
EURUSD Nov 11 to Nov 15 Outlook
Lawrence’s Comment
Euro consolidated around Y-1 and then flushed lower. Y-2 target tagged and bounced back up to week mid and failed to push higher. Closed the week below Y-1 and midpoint.
Outlook
Not quite there towards the downside target as projected from the initial flush from Y+1 down to Y-1. The 1.33 price level produced a strong bounce that should increase the hope of the long side and inducing more people jumping onto the boat. As long as Y-1 / B-0 is not breached, looking for another flush down to below B-2.
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