Weekly Pivot Points*
June 1 – 5, 2009

* - Based on a trading week starting on Sunday at 21:00 GMT and ending on Friday at 21:00 GMT, using price data from GFT’s DealBook 360 platform. To convert GMT to your local time, go here.

Monthly Pivot Points*
June 2009

* - Based on GFT DealBook 360 price data from May 1 – 29, 2009

Average Daily Ranges* for use during the trading week of June 1 – 5, 2009

* - Based on GFT DealBook 360 price data from May 4 through May 29, 2009. “Upper BB” predicts the maximum daily range for 95 of every 100 trading days, and is calculated by adding 2 standard deviations [of the ranges over the May 4 to May 29 period] to the average daily range.

Click on the above chart to view a larger version.

Chart Key:

S&P 500 = June 2009 S&P 500 e-mini contract
Dow = June 2009 Dow Jones mini contract
NASDAQ = June 2009 NASDAQ 100 e-mini contract
Oil = July 2009 Light Sweet Crude oil contract
Gold = June 2009 Comex Gold contract
30yr T-bond = June 2009 30-year US T-bond contract
10yr T-note = June 2009 10-year US T-note contract
5yr T-note = June 2009 5-year US T-note contract
- strong positive correlation
- moderate positive correlation
- negligible correlation
- moderate negative correlation
- strong negative correlation

The correlation table shown above is based on correlation coefficients derived from 15-minute chart closing prices on GFT’s DealBook 360 platform, from May 1 through 29, 2009.

Click on the above chart to view a larger version.

Chart Key:

S&P 500 = June 2009 S&P 500 e-mini contract
Dow = June 2009 Dow Jones mini contract
NASDAQ = June 2009 NASDAQ 100 e-mini contract
Gold = June 2009 Comex Gold contract
Oil = July 2009 Light Sweet Crude oil contract
30yr T-bond = June 2009 30-year US T-bond contract
10yr T-note = June 2009 10-year US T-note contract
5yr T-note = June 2009 5-year US T-note contract
- strong positive correlation
- moderate positive correlation
- negligible correlation
- moderate negative correlation
- strong negative correlation

The correlation table shown above is based on correlation coefficients derived from 15-minute chart closing prices on GFT’s DealBook 360 platform, from May 1 through 29, 2009.

Click on the above chart to view a larger version.

Chart Key:
- strong positive correlation
- moderate positive correlation
- negligible correlation
- moderate negative correlation
- strong negative correlation

The correlation table shown above is based on correlation coefficients derived from 15-minute chart closing prices on GFT’s DealBook 360 platform, from May 1 through 29, 2009.

Tags: correlations

Hello everyone, I continue to build on yesterday’s Euro and Euro Yen analysis, as well as put together trade plans for Cable and the Swissy, it’s a trading buffet. Brush up on your break out trading as I have a few pairs trapped in some technically tight areas. Today I make use of raw price action and Fibonacci. Good luck and I hope you enjoy the video. David Pegler

Hey everyone. Today I review yesterday’s Euro related trade plan and build on the analysis for the Euro related crosses. This is a quick video; most of the analysis is simply building on the weeks previous video analysis. I make use of trend identification, multiple timeframes and Fibonacci. Stay conservative and good luck!! David Pegler

Hey everyone, today I have my eyes firmly on the intermarket for clues related to the currency market. In this video I discuss some technicals for the DJI and relate that back to where we technically positioned for Euro Yen and Euro USD. I hope you find value in the video, good luck!! David Pegler

Hey everyone, I hope you had a restful long weekend and are ready for a good week of currency trading. For today’s video my focus is the Euro Yen and the Euro USD. They are both at interesting levels, the Euro Yen is testing an important daily trend line which is going to affect our trading all week and the Euro USD looking tired at 1.40 the figure. In this video I make use of visual support and resistance as well as price action and fibs. Good luck!! David Pegler