Trading Edges That Last
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Lawrence's Comment Recap NQ was the only normal index out of the big 3 last week. Test of Y-0 gave us a break below Y-1. Found support at 3400 round number. Spike ...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 MOREPrecog Vision – Forex 2012-2-10Nasdaq 100 May 05 to May 09 OutlookPrecog Vision – Forex 2011-11-21USDCAD Sep 18 to Sep 22 Outlook3DP Odds Table (USDJPY) 2011-12-12Precog Vision – Forex 2015-4-23Nasdaq 100 Oct 09 to Oct 13 OutlookEURUSD Jun 24 to Jun 28 OutlookIntraday Cycle Projection (USDJPY) 2011-10-073DP Odds Table (USDJPY) 2018-10-15
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USDJPY Feb 10 to Feb 14 Outlook
Lawrence’s Comment
Easy play of the week. Dropped the Y-2 as expected and then produced a double bottom there and bounced back up to make a new high for the week. Closed the week aobve Y-1 and B-0.
Outlook
On weekly basis ninja has formed the first bottom off this pullback which may not be enough to produce a strong bottom. Expecting sideway action with more sell pressure.
Upside likely capped below B+2. When B+1 acts as resistance we should get a drop down to B-1.
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