Trading Edges That Last
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Lawrence's Comment Recap Bear flag broken, dropped to B-1 and below as expected. Bounced back up to Y-0 and led to another drop to week low. Closed the week below Y-1 and ...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 The chance to even test Y-1 was not there. NQ simply rejected Y-1 and zoomed back above Y-0. That paved way to Y+1 within the week. Continued to struggle ...READ MOREPrecog Vision – Forex 2016-7-143DP Odds Table (USDJPY) 2021-08-02Intraday Cycle Projection (USDJPY) 2016-03-23EURUSD Sep 22 to Sep 26 OutlookPrecog Vision – Forex 2022-1-5Precog Vision – Forex 2022-1-7Nasdaq 100 Feb 04 to Feb 08 OutlookHot n Cold (USDJPY) 2012-2-33DP Odds Table (USDJPY) 2014-03-263DP Odds Table (USDJPY) 2015-07-30
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USDJPY Jul 13 to Jul 17 Outlook
Lawrence’s Comment
Similar to Cable, failing to clear previous week close led to a flush down to almost Y-3. Intervention happened and ninja went straight back up to Y-0. Closed the week near Y-0 and week high.
Outlook
The flush was partly a breakdown but also partly a stop hunt when ninja traded below Y-2.
Y-1 / B-0 acting as support will give ninja a chance to break this daily pullback process, with Y+1 to B+2 in play.
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