Trading Edges That Last
- You May Also Like
Lawrence's Comment Recap Support zone mentioned last week worked out well. Upside targets tagged. 100% range expansion led to a mild stop run. Closed the week above Y-0 and below midpoint. ...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 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 NQ held Y-0 and lifted higher to Y+1. Consolidated right under Y+1 until FOMC announcement. Since then breakout upside until 4900 round # was tagged. Closed the week above ...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 MOREUSDCAD Jun 20 to Jun 24 OutlookPrecog Vision – Forex 2011-5-26Precog Vision – Forex 2019-10-7USDJPY Apr 27 to May 01 OutlookNasdaq 100 Sep 26 to Sep 30 Outlook3DP Odds Table (EURUSD) 2014-09-223DP Odds Table (EURUSD) 2015-07-24Dow 30 Feb 10 to Feb 14 OutlookHot n Cold (EURUSD) 2021-2-5Precog Vision – Forex 2012-1-9
As Featured In
EURUSD Nov 26 to Nov 30 Outlook
Lawrence’s Comment
Y-0 acted as support since the start of the week and a spike down from Y+1 failed to clear that resulting in a very powerful short squeeze. Y+3 cleared by Friday when trading was very thin due to Thanksgiving holiday. Closed the week near week high above Y+3.
Outlook
As suspected in past 2 weeks, 1.26 is so critical that it is defended with all out news on deals after deals to delay the inevitable. This week if euro fails to close above B-0, it will be a confirmed FBO and we will get a quick flush back down to B-2 in weeks to follow.
Share