Trading Edges That Last
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Lawrence's Comment Recap ES followed Dow and pulled an op ex 2-way play on the players. Closed the week near Y-0 and midpoint. To learn more about op ex weeks, read my ...READ MORELawrence's Comment Recap Shock sent the pair to trade above Y+1 but failed to hold above that. Y+1 turned into resistance and signal a test of Y-1 in play. Selloff stopped ...READ MORELawrence's Comment Recap Breakdown play target reached in the beginning of the week. Bounced off there to test Y-1 from below as expected. Failing to re-enter previous week range gave us a ...READ MORE3DP Odds Table (USDJPY) 2013-12-11Precog Vision – Forex 2016-5-27Intraday Cycle Projection (USDJPY) 2017-06-06Intraday Cycle Projection (USDJPY) 2016-01-15Precog Vision – Forex 2013-10-31Hot n Cold (USDJPY) 2012-4-20S&P 500 Mar 24 to Mar 28 OutlookUSDCAD Apr 25 to Apr 29 OutlookS&P 500 Feb 15 to Feb 19 Outlook3DP Odds Table (USDJPY) 2012-10-19
As Featured In
USDJPY Nov 04 to Nov 08 Outlook
Lawrence’s Comment
The easiest play of last week. Found support, zoomed back up to above Y+1 target as mentioned last week. Sharp pullback to almost Y-0 and then popped higher. Closed the week above Y+1 and near week high.
Outlook
Easy part of the rally has completed. Now deepending on first test of the 99 resistance, there are 2 possible outcomes. A clean breakout will allow Ninja to zoom straight up to B+2 and above.
Any weaker attempt will lead to consolidation with support around Y+1 / B-0.
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