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What is the direction of highest probability today? (10/11/09)

Premium Market Reports by FXTechStrategy

What is the direction of highest probability today? (10/11/09)
Tuesday, November 10th, 2009 @ 6:51 am by Johan Kriek

by Johan Kriek (jkriek@fxinstructor.com)

Probability Studies:

Direction of Highest Probability: BULLISH
60 minute trend support: 1.4940
Bearish Probability below: 1.4940
Significant support: 1.4940, 1.4700
Significant resistance:1.5060

Direction of Highest Probability: BEARISH
60 minute trend resistance: na
Bullish Probability above: 1.6700
Significant resistance: 1.6700
Significant support:1.6500

Direction of Highest Probability: BEARISH
60 minute trend resistance: na
Bullish Probability above: 0.9322
Significant resistance: 0.9322
Significant support:0.9215

Direction of Highest Probability: BEARISH
60 minute trend resistance: 90.55
Bullish Probability above: 90.55
Significant resistance: 90.55
Significant support:89.70

___________________________________
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.

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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