Weekly Pivot Points*
March 15 - 19, 2010

* - 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.

Weekly Pivot Points spreadsheet - This spreadsheet contains the weekly pivot points displayed above. The data can be downloaded in any one of several file formats by clicking the Export option on the spreadsheet’s menu bar.

Printable version - This is a printable version of the weekly pivot point tables displayed above.

Average Daily Ranges*
for use during the trading week of
March 15 to 19, 2010

* - Based on GFT DealBook 360 price data from February 15 to March 12, 2010. “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 February 15 to March 12 period] to the average daily range.

Hi everybody, this outlook concentrates on the Euro USD, Euro Pound and a brief look at the Pound Yen. Good luck!! David Pegler

As the London session began today we were showing signs of the EUR/GBP challenging it’s previously broken resistance as role reversal support. Sure enough we did indeed break it halfway into the London morning. This also popped the GBP/USD to a higher high of it’s recent range, along with GBP/JPY and the GBP/CHF pairs, everything GBP basically. While all of the aforementioned pairs offered decent trade plan/set-ups this video I focus entirely on how we built the plan on the EUR/GBP, waited for our entry criteria to be met, then pounced on it once this criteria was achieved. Very successful day buying the British Pound, but one HAD to have patience early on in the day, as we were in a range for the first couple hours of London today.

FXBootcamp London Currency Coach-
Christian Stephens

The U.S. dollar and Japanese yen were soft as stock markets on both sides of the pond exhibited a firm tone during today’s New York session. Trendlines framed an 80-pip rally on the EUR/USD currency pair.

Curt Wehrley
FX Bootcamp’s Quantitative Analyst

The last 24 hours has all been about role reversal. We now look like we are getting widespread USD weakness which plays exactly in to our game plan. Maybe there will be more role reversal to come? Todays video focuses on the Pound, Aussie and a little EUR/JPY action.

Hi everyone, for this presentation I concentrate on the Pound USD. Not certain it’s going to be the easiest trading day initially but once we have established direction I expect some nice moves. Good luck!! David Pegler

A firm U.S. dollar and Japanese yen defined price action throughout today’s Asian and London sessions. After the open of the New York session, that theme mostly fizzled. However, there were opportunities to profit from moves in the currency market before the London close. For example, the GBP/USD currency pair dropped some 50 pips from multiple likely sources of resistance, including a major psychological level.

Curt Wehrley
FX Bootcamp’s Quantitative Analyst

Todays video focuses on the Pound and the Aussie. Is the pound up or down from here? Either way could be a huge move. The Aussie looks prime for another leg higher. The Daily on the Aussie has resurrected itself back to an uptrend off what looked like a failed attempt to roll over. What does this mean? Check it out.

Volatility tonight was the theme, with a little buying off support in the early London session, followed by some swift selling at the first level of dynamic resistance to continue the moves already in play prior to London.

In this video I focus on the tail end of the London session, and how we planned and then executed a continuation entry on a EUR/JPY short using things such as Macd, stochastic divergence, the USD index, Gold, role reversal, and time of day. As of the making of this video the trade has made a very short term double bottom at the 30′ish pip profit range, so whether one chose to scalp this or let it ride was a personal choice. There is no telling if this trade will ultimately turn out to be extremely profitable, however the entry shown within easily allowed us to safely lock in +12 pips or so and take the hands off the wheel in case it decides to get moving again before the New York session. Risk free trades are always my favorite, it removes any stress that may have existed once you protect some pips.

FXBootcamp London Currency Coach-
Christian Stephens