Trading Edges That Last
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Lawrence's Comment Recap Pretty much behaved exactly like Dow. Closed the week near week high and Y+2. Outlook The IHS in place that is visible on 30-min and hourly points to a run to ...READ MORELawrence's Comment Recap Previous week close support sent Aussie straight up to Y+2. Mild pullback and then reacted wildly to FOMC announcement. Closed the week near Y+2 and above midpoint. ...READ MORELawrence's Comment Recap The only index that acted in normal fashion. Pulled back to our target zone as expected and then Fed announcement was right on time to send NQ ...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 MOREPrecog Vision – Forex 2015-8-21S&P 500 Mar 11 to Mar 15 OutlookNasdaq 100 Feb 15 to Feb 19 OutlookAUDUSD Apr 03 to Apr 07 Outlook3DP Odds Table (GBPUSD) 2018-02-20AUDUSD Sep 21 to Sep 25 OutlookNasdaq 100 Sep 17 to Sep 21 OutlookNasdaq 100 Oct 30 to Nov 03 OutlookPrecog Vision – Forex 2017-2-13Weekly Cycle Projection (GBPUSD) 2018-12-17
As Featured In
GBPUSD Mar 17 to Mar 21 Outlook
Lawrence’s Comment
Rejected upper end of the 3 week range gave us a run back down to the bottom of the range. Not a difficult play at all. Y-2 was tagged and led to a strong bounce. However, Y-0 stopped the run and forced a drop back down to below Y-1. Closed the week near Y-1 and below midpoint.
Outlook
Still trapped inside the same range. Compression on daily has reached critical level. A breakout of this range should give us the normal breakout target.
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