What is the direction of highest probability today? (14/01/10)

 @ibtimes
on January 13 2010 10:57 PM

by Johan Kriek (jkriek@fxinstructor.com)

Probabilities:

Direction of  Highest Probability: BULLISH

60 minute trend support: 1.4520

Bearish Probability below: 1.4520

Significant support: 1.4520

Significant resistance:1.4300

Direction of  Highest Probability: BULLISH

60 minute trend support: 1.6085

Bearish Probability below: 1.6085

Significant support: 1.6085, 1.5880

Significant resistance:1.6370

Direction of  Highest Probability: BULLISH

60 minute trend support: 0.9250

Bearish Probability below: 0.9250

Significant support: 0.9250

Significant resistance:0.9320

Direction of  Highest Probability: BEARISH

60 minute trend resistance: 91.82

Bullish Probability above: 91.82

Significant resistance: 91.82

Significant support:90.71

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This analysis has been based on the Probability Study Technique which is derived from the Dow Theory

Also note that a “trading condition” does not constitute a trading signal, but rather a context to execute your own trading system within.

For more about the Probability Study Technique, please visit forums.fxinstructor.com or register yourself a seat at

http://www.fxinstructor.com/eng/courses/probability.php to learn this technique or to book a free Level 1 class

Enjoy and good luck!

Johan

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