Trading Edges That Last
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Lawrence's Comment Recap Ninja failed to hold its support. The door to Y-1 opened. 100% absolute range expansion ended the drop. Closed the week below Y-0 and midpoint. Outlook A shallow pullback turned into ...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 MORELawrence's Comment Recap Breadth weaknesses dictate the week even though there were multiple attempts to rally the market back up. Closed the week below Y-0 and midpoint. Outlook B-0 / Y-0 zone ...READ MORELawrence's Comment Recap Tested Y-0 as expected and bounced off quickly too. End of week pushing against Y+1 failed to clear the resistance. Closed the week near midpoint. Outlook Not a clear ...READ MORELawrence's Comment Recap NFP week bias worked out again even though ES looked like it wanted to break down after Tuesday's selloff. By Friday after NFP, ES flushed lower yet someone stepped ...READ MOREPrecog Vision – Forex 2012-5-10USDJPY Jun 16 to Jun 20 OutlookPrecog Vision – Forex 2018-6-8Intraday Cycle Projection (USDJPY) 2013-06-07Dow 30 Apr 11 to Apr 15 OutlookWeekly Cycle Projection (USDJPY) 2019-10-07Intraday Cycle Projection (USDJPY) 2022-11-15GBPUSD Dec 03 to Dec 07 OutlookS&P 500 Sep 09 to Sep 13 Outlook3DP Odds Table (USDJPY) 2014-12-09
As Featured In
USDJPY May 12 to May 16 Outlook
Lawrence’s Comment
Dropped to downside target as expected. Consolidation since. Closed the week below Y-1 and near midpoint.
Outlook
The selloff down to Y-2 is just normal reaction to the spike reversal from Y+1. There is no need for any follow thru.
If ninja fails to clear Y-1 this week, 101 and 100.5 are definitely in play.
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