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   Greetings dear traders in the Dukascopy Community. This week we will watch the Key Levels on the 4 Hours charts for the Major Pairs: Eur/Usd (Fiber), Gbp/Usd (Cable), Usd/Chf (Swiss Franc), Usd/Jpy (Yen). After we will identify the main Key Levels that we have to watch for the Price Action Movement, we will be able to compose the bullish, bearish and mixed scenarios charts.   First of all You have to read the article that explains the Key Levels that I use in my Technical Analysis, to better understand the probabilities scenarios formation.   The main  instruments that we use for our analysis are : Monthly Pivots (Main, S1, S2, S3 and R1, R2, R3),Weekly Pivots (Main, S1, S2, S3 and R1, R2, R3),Simple Moving Averages - SMA - 30, 50, 100 and 200,Fibonacci Retracements,Supports and Resistences,Trendlines and Channel Trendlines (During the Trends and Sideways Movement).   I strongly believe that a technical analyst cannot predict the future Price Movement with high accuracy based only on the Hystorical price movement. That is why I propose multiple scenarios in my Analysis, Bullish scenarios, Bearish scenarios and Mixed Probabilities (when the Key Levels fail). All these probability…
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Nicco avatar
Nicco 10 May

Interesting and easy to use for me as an amateur! +1

OneGoodTrade avatar

It was good to see you on the Dukascopy Broadcast a few days ago. :)

doctortyby avatar

@RobertBric: It's nothing funny about a Key-Level that is broken and confirmed and then with no signal from the volume analysis or candlestick formations, turn around against your position with a high momentum on low volume. This could be an argument against my hypothesis. :)

Dieselfx avatar
Dieselfx 20 May

the charts are a bit cluttered, he wants to say

Schaolin avatar
Schaolin 23 May

very interesting your articles , success this month +1

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31/67
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    In this article I will point the main bullish and bearish key levels, I will classify them according to their importance, and I will post the bullish, bearish and mixed probabilities charts. You can read about the classification of the Key Levels here    We will use the Daily charts in analogy with the 4 Hours charts for our analysis.1) Eur/Usd - Daily Chart (02.05.2012) - Monthly view,   a) - Bullish probability - Key Levels to watch:          - 1.316 - 1.320 area  - confluence between the Main Monthly Pivot, Main Downtrend line and 38.2% Fibonacci Retracement (2nd level Key Area),          - 1.328 - confluence between the 200 DMA and 23.6% Fibonacci Retracement (1st level Key Level),         - 1.341 - confluence between the Monthly R1 Pivot, resistence from the 1st of April and the Secondary Uptrend line (2nd level Key Level),            - 1.349 - Resistence from the 1st of March (simple Key Level),            - 1.359 - Monthly R2 Pivot (simple Key Level).    b) - Bearish probability - Key Levels to watch:         -  1.303 - 1.306 area - confluence between the Monthly S1 Pivot, the supports from the 15th of March and 16th of April, and 50% Fibonacci Retracement (2nd level Key…
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LinnuxFX avatar

nice point of view, you were well in today's webinnar, good luck...

OneGoodTrade avatar

Congratulations for your success in this contest ! You are really good at what you are doing.

Schaolin avatar
Schaolin 16 May

many congratulations for what you do +1

Dieselfx avatar
Dieselfx 20 May

keep up the good work ;)

belman avatar
belman 25 May

Great work and more graf to look

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