What is the direction of highest probability today? (27/01/10)

By IBTimes Staff Reporter | January 26 2010 11:29 PM

by Johan Kriek (jkriek@fxinstructor.com)

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The Buck is on a roll

Probabilities:

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Direction of Highest Probability: BEARISH

60 minute trend resistance: 1.4110

Bullish Probability above: 1.4110

Significant resistance: 1.4206

Significant support:1.3750

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Direction of Highest Probability: BEARISH

60 minute trend resistance: 1.6190

Bullish Probability above: 1.6190

Significant resistance: 1.6350

Significant support:1.5910

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Direction of Highest Probability: BEARISH

60 minute trend resistance: 0.9025

Bullish Probability above: 0.9025

Significant resistance: 0.9110

Significant support:0.8940

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Direction of Highest Probability: BEARISH

60 minute trend resistance: 0.8950

Bullish Probability above: 0.8950

Significant resistance: 90.50

Significant support:84.80

___________________________________

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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