Trading Edges That Last
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Lawrence's Comment Recap Cable simply flushed from the start of the week and breached Y-1 in 1 go. That set up the pair to drop down to Y-2 and below. Cable resumed ...READ MORELawrence's Comment Recap News from Europe created a new wave of sell pressure across European currencies against US dollar. Cable was forced to break Y-1 leading to a flush to ...READ MORELawrence's Comment Recap Loonie finally breakout of the 3 week boundary. Y+1 was not even touched when the pullback started. Y-0 was cleared quickly opening the way to Y-1. Strong 4 hour ...READ MORELawrence's Comment Recap As expected consolidation within Y-0 to Y+1. Ended the week by expanding to, what else, 50% aboslute expansion. Someone playing the game from a script. Outlook Bounced off Y-0 ...READ MOREPrecog Vision – Forex 2018-3-2GBPUSD Feb 18 to Feb 22 OutlookGBPUSD May 14 to May 18 OutlookIntraday Cycle Projection (GBPUSD) 2022-06-13USDCAD Apr 20 to Apr 24 OutlookS&P 500 Apr 11 to Apr 15 OutlookNasdaq 100 Sep 13 to Sep 17 OutlookHot n Cold (GBPUSD) 2012-5-24USDJPY Aug 02 to Aug 06 Outlook3DP Odds Table (GBPUSD) 2013-07-26
As Featured In
GBPUSD Jan 17th to 21th Outlook
Recap of Last Week
Did not post about this pair last week as the better play was euro. The upside breakout triggered on this one anyway and the 200% upside expansion target was tagged at the end of the week.
Next Week Outlook
2x target tagging almost always leads to some consolidation first. Thus I do not expect a lot of action coming from this pair in the beginning part of the week.
If a pullback to last year close (red zone) happens, it will be a strong up move in the making if a 1-2-3 buy is staged off that area with initial target at previous week high (yellow zone) and 50% upside expansion (green zone) next. For this reason, it is on my monitor list this week.
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