Recap Y-1 acted as support so no selloff. Once traded above Y+1, clean sail to pre-crisis level at Y+5 (notice how exact that was). Closed the week by doubling the range of the first 1/2 of the week.
Outlook Congestion between B-0 and B+1. Daytrading the pair is the preferred strategy over swing trades this week because of the wide range developed.
Lawrence's Comment
Recap
Flush to Y-2 right off the start of the week and produced a double bottom. Zoomed to Y+1 from a gap up above B-0 as expected. Closed ...
Lawrence's Comment
Recap
Minimal down side target tagged mid week and euro went full breakdown from there. Euro could not stop at all and dropped straight down to Y-4. Closed the week ...
Lawrence's Comment
Recap
Minimal pullback to Y-0 and then ES simply took off. One of the strongest NFP week in recent months. Closed the week above Y+3 and near week high.
Outlook
Low volume ...
For 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 schedule
Lawrence's Comment
Recap
Overnight ES dropped below 2000 and the buying started right on schedule. The straight up reversal surprised many traders and created a short squeeze later in the week forcing ...
Lawrence's Comment
Recap
Warned about intervention since beginning of the year. Here we go again - some did all they can to support the low grade bonds, spreading rumors of solutions ...
USDJPY Apr 04 to Apr 08 Outlook
Lawrence’s Comment
Y-1 acted as support so no selloff. Once traded above Y+1, clean sail to pre-crisis level at Y+5 (notice how exact that was). Closed the week by doubling the range of the first 1/2 of the week.
Outlook
Congestion between B-0 and B+1. Daytrading the pair is the preferred strategy over swing trades this week because of the wide range developed.
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