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.
FX Bootcamp
Subscribe
Categories
Archives
Recent Comments
Tags
4hr 4x 5ema 21ema 200ema breakout Cable Christian Stephens continuation correlation CPP currency currency trading Curt Wehrley Daily daily range david pegler Dollar EUR/GBP EUR/JPY EUR/USD Euro Fibonacci Forex FX fx bootcamp FXBootcamp GBP/JPY GBP/USD London money New York session NFP pivot points Pound pullback Rob Helean role reversal scalp support technical analysis TRADING USD USD/JPY USD IndexFXstreet.com Weblogs
Links
2 Responses to “Weekly Pivot Points”
Video Trade Journal by 


I am contemplating to join currency trading. I was looking at your weekly pivot points. Can you please give me a brief understanding how you construct these pivot points. I understand that it is indicative of future trends, but how relaible these trends are in your expereince. Secndly what is the meaning of R1, S1, S3, MM, etc….
Thirdly, when I am looking at the trading chart, say for a pair of USD/CAD, it says strongly bearish. In plan english, I suppose it means that the dollar (being the base currency) is getting weaker. Am I right?
Thanking you in advance in anticipation of your response to some basic questons.
Best regards.
another glorious week, another smacking month… thanks for the lovely pivots. can’t wait for london