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What is the direction of highest probability today? (07/04/10)

What is the direction of highest probability today? (07/04/10)
Wednesday, April 7th, 2010 @ 4:10 am by Johan Kriek

by Johan Kriek (jkriek@fxinstructor.com)

Probabilities:

Direction of  Highest Probability: BEARISH
60 minute trend resistance: 1.3425
Bullish Probability above: 1.3425
Significant resistance: 1.3500
Significant support:1.3200

Direction of  Highest Probability: BEARISH
60 minute trend resistance: 1.5275
Bullish Probability above: 1.5275
Significant resistance: 1.5700
Significant support:1.4800

Direction of  Highest Probability: BULLISH
60 minute trend support: 0.9220
Bearish Probability below: 0.9220
Significant support: 0.9220, 0.9120
Significant resistance: 0.9400

Direction of  Highest Probability: BULLISH
60 minute trend support: 93.50
Bearish Probability below: 93.50
Significant support: 92.70
Significant resistance: 97.70

___________________________________
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.

To view and listen to a recording of my introductory training class please go here: http://forums.fxinstructor.com/forumdisplay.php?f=60

Enjoy and good luck!

Johan

One Response to “What is the direction of highest probability today? (07/04/10)”

  1. F.P.P. says:

    Hi Johan Christian – I just tried to have a look here – saying hello. Everthing changed there – strange. And no access to many sites – strange as well…

    Geht es Euch irgendwie nicht so gut ?

    Muss ich mir Sorgen machen ?

    Sorry my dear – a bit cheesy design of the new site. And somehow inconvenient and heavy-handed a bit…

    What has happend here ?

    Old comments – hmm…

    Macht es bitte etwas besser und bequemer.

    Ich hatte gehofft etwas interessantes lesen zu dürfen, die letzte Woche Nr. 16 (!) war ja nicht gerade langweilig.

    Exiting spikes – and really funny moves we had. That was quite my kind of action – and I loved it to be engaged in these superfast jumps on specially on thursday and or but friday was funny too.

    Schade – wäre nett gewesen hier mal was zu sehen und von Dir zu hören…

    Bis dann mal – bibib

    Gruß

    F.P.P.

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