by Johan Kriek (jkriek@fxinstructor.com)
Key events today:
– Eurozone Current Account @ 8:00GMT
– UK Retail Sales @ 08:30GMT
– US Jobless Claims @ 12:30GMT
– US House Price Index @ 14:00 GMT
Probability Studies:
Direction of Highest Probability: BULLISH
60 minute trend support:
Bearish Probability below:
Significant support:
Significant resistance:
Direction of Highest Probability: BEARISH
60 minute trend resistance:
Bullish Probability above:
Significant resistance:
Significant support:
Direction of Highest Probability: BULLISH
60 minute trend support:
Bearish Probability below:
Significant support:
Significant resistance:
Direction of Highest Probability: BULLISH
60 minute trend support:
Bearish Probability below:
Significant support:
Significant resistance:
___________________________________
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-reserve.php to learn this technique
Enjoy and good luck!
Johan
*remember I have a free class on the Probability Study technique at 10am GMT. Please register here: http://www.fxinstructor.com/eng/ltr/register.php