Daily Pivot Points

	S3	S2	S1	P	R1	R2	R3
EUR/USD	1.3959	1.4029	1.4105	1.4175	1.4251	1.4321	1.4397
USD/JPY	92.63	93.53	94.98	95.88	97.33	98.23	99.68
GBP/USD	1.5914	1.6037	1.6249	1.6372	1.6584	1.6707	6919
GBP/JPY	149.39	151.44	155.08	157.13	160.77	162.82	166.46

Weekly Pivot Points

	S3	S2	S1	P	R1	R2	R3
EUR/USD	1.3498	1.3645	1.3874	1.4021	1.4250	1.4397	1.4626
USD/JPY	91.35	92.88	94.16	95.69	96.97	98.50	99.78
GBP/USD	1.5480	1.5628	1.5901	1.6049	1.6322	1.6470	1.6743
GBP/JPY	144.52	147.03	150.70	153.21	156.88	159.39	163.06

Monthly Pivot Points

	S3	S2	S1	P	R1	R2	R3
EUR/USD	1.2532	1.2872	1.3488	1.3828	1.4444	1.4784	1.5400
USD/JPY	87.03	90.43	92.94	96.35	98.85	102.26	104.76
GBP/USD	1.3775	1.4264	1.5219	1.5708	1.6663	1.7152	1.8107
GBP/JPY	133.65	138.34	146.35	151.04	159.06	163.74	171.76

Note:

Pivot points are very useful tools that use the previous bars' highs, lows and closings to project support and resistance levels for future bars. Daily pivot points are useful for swing trading. Longer term pivot points provide an idea of where key support and resistance levels should be. Place the pivot points on your charts and see how traders appear to give pivot point levels a lot of respect. Daily pivots are calculated from previous day's high, low, close which ends at 24.00 GMT.

read more...

Daily Pivot Points

	S3	S2	S1	P	R1	R2	R3
EUR/USD	1.3748	1.3845	1.3974	1.4071	1.4200	1.4297	1.4426
USD/JPY	92.79	93.89	94.67	95.77	96.55	97.65	98.43
GBP/USD	1.5730	1.5828	1.6001	1.6099	1.6272	1.6370	1.6543
GBP/JPY	150.69	151.96	153.17	154.44	155.65	156.93	158.13

Weekly Pivot Points

	S3	S2	S1	P	R1	R2	R3
EUR/USD	1.3498	1.3645	1.3874	1.4021	1.4250	1.4397	1.4626
USD/JPY	91.35	92.88	94.16	95.69	96.97	98.50	99.78
GBP/USD	1.5480	1.5628	1.5901	1.6049	1.6322	1.6470	1.6743
GBP/JPY	144.52	147.03	150.70	153.21	156.88	159.39	163.06

Monthly Pivot Points

	S3	S2	S1	P	R1	R2	R3
EUR/USD	1.2532	1.2872	1.3488	1.3828	1.4444	1.4784	1.5400
USD/JPY	87.03	90.43	92.94	96.35	98.85	102.26	104.76
GBP/USD	1.3775	1.4264	1.5219	1.5708	1.6663	1.7152	1.8107
GBP/JPY	133.65	138.34	146.35	151.04	159.06	163.74	171.76

Note:

Pivot points are very useful tools that use the previous bars' highs, lows and closings to project support and resistance levels for future bars. Daily pivot points are useful for swing trading. Longer term pivot points provide an idea of where key support and resistance levels should be. Place the pivot points on your charts and see how traders appear to give pivot point levels a lot of respect. Daily pivots are calculated from previous day's high, low, close which ends at 24.00 GMT.

read more...

Trading Strategy

My trading journal this week is still same with last week. read more...

Daily Pivot Points

	S3	S2	S1	P	R1	R2	R3
EUR/USD	1.3597	1.3710	1.3770	1.3883	1.3943	1.4056	1.4116
USD/JPY	93.87	94.26	94.92	95.31	95.97	96.36	97.02
GBP/USD	1.5731	1.5828	1.5890	1.5987	1.6049	1.6146	1.6208
GBP/JPY	150.35	151.01	151.75	152.42	153.15	153.82	154.55

Weekly Pivot Points

	S3	S2	S1	P	R1	R2	R3
EUR/USD	1.3640	1.3716	1.3831	1.3907	1.4022	1.4098	1.4213
USD/JPY	93.97	94.73	95.72	96.47	97.46	98.21	99.20
GBP/USD	1.5700	1.5776	1.5862	1.5938	1.6024	1.6100	1.6186
GBP/JPY	150.30	151.35	152.78	153.83	155.27	156.31	157.75

Monthly Pivot Points

	S3	S2	S1	P	R1	R2	R3
EUR/USD	1.2195	1.2540	1.2892	1.3237	1.3589	1.3934	1.4286
USD/JPY	90.03	92.82	95.85	98.64	101.67	104.46	107.49
GBP/USD	1.3566	1.3919	1.4360	1.4713	1.5154	1.5507	1.5948
GBP/JPY	127.25	133.12	139.75	145.62	152.25	158.12	164.75

Note:

Pivot points are very useful tools that use the previous bars' highs, lows and closings to project support and resistance levels for future bars. Daily pivot points are useful for swing trading. Longer term pivot points provide an idea of where key support and resistance levels should be. Place the pivot points on your charts and see how traders appear to give pivot point levels a lot of respect. Daily pivots are calculated from previous day's high, low, close which ends at 24.00 GMT.

read more...

Daily Pivot Points

	S3	S2	S1	P	R1	R2	R3
EUR/USD	1.3597	1.3710	1.3770	1.3883	1.3943	1.4056	1.4116
USD/JPY	93.87	94.26	94.92	95.31	95.97	96.36	97.02
GBP/USD	1.5731	1.5828	1.5890	1.5987	1.6049	1.6146	1.6208
GBP/JPY	150.35	151.01	151.75	152.42	153.15	153.82	154.55

Weekly Pivot Points

	S3	S2	S1	P	R1	R2	R3
EUR/USD	1.2989	1.3206	1.3616	1.3833	1.4243	1.4460	1.4870
USD/JPY	90.53	92.18	93.38	95.04	96.23	97.89	99.08
GBP/USD	1.4543	1.4829	1.5371	1.5657	1.6199	1.6485	1.7027
GBP/JPY	137.26	140.14	145.31	148.19	153.36	156.24	161.41

Monthly Pivot Points

	S3	S2	S1	P	R1	R2	R3
EUR/USD	1.2195	1.2540	1.2892	1.3237	1.3589	1.3934	1.4286
USD/JPY	90.03	92.82	95.85	98.64	101.67	104.46	107.49
GBP/USD	1.3566	1.3919	1.4360	1.4713	1.5154	1.5507	1.5948
GBP/JPY	127.25	133.12	139.75	145.62	152.25	158.12	164.75

Note:

Pivot points are very useful tools that use the previous bars' highs, lows and closings to project support and resistance levels for future bars. Daily pivot points are useful for swing trading. Longer term pivot points provide an idea of where key support and resistance levels should be. Place the pivot points on your charts and see how traders appear to give pivot point levels a lot of respect. Daily pivots are calculated from previous day's high, low, close which ends at 24.00 GMT.

read more...

Daily Pivot Points

	S3	S2	S1	P	R1	R2	R3
EUR/USD	1.3729	1.3794	1.3892	1.3957	1.4055	1.4120	1.4218
USD/JPY	93.84	94.17	94.69	95.02	95.54	95.87	96.39
GBP/USD	1.5634	1.5705	1.5833	1.5904	1.6032	1.6103	1.6231
GBP/JPY	147.53	148.53	150.26	151.27	152.99	154.00	155.72

Weekly Pivot Points

	S3	S2	S1	P	R1	R2	R3
EUR/USD	1.2989	1.3206	1.3616	1.3833	1.4243	1.4460	1.4870
USD/JPY	90.53	92.18	93.38	95.04	96.23	97.89	99.08
GBP/USD	1.4543	1.4829	1.5371	1.5657	1.6199	1.6485	1.7027
GBP/JPY	137.26	140.14	145.31	148.19	153.36	156.24	161.41

Monthly Pivot Points

	S3	S2	S1	P	R1	R2	R3
EUR/USD	1.2195	1.2540	1.2892	1.3237	1.3589	1.3934	1.4286
USD/JPY	90.03	92.82	95.85	98.64	101.67	104.46	107.49
GBP/USD	1.3566	1.3919	1.4360	1.4713	1.5154	1.5507	1.5948
GBP/JPY	127.25	133.12	139.75	145.62	152.25	158.12	164.75

Note:

Pivot points are very useful tools that use the previous bars' highs, lows and closings to project support and resistance levels for future bars. Daily pivot points are useful for swing trading. Longer term pivot points provide an idea of where key support and resistance levels should be. Place the pivot points on your charts and see how traders appear to give pivot point levels a lot of respect. Daily pivots are calculated from previous day's high, low, close which ends at 24.00 GMT.

read more...

Daily Pivot Points

	S3	S2	S1	P	R1	R2	R3
EUR/USD	1.3899	1.3928	1.3969	1.3998	1.4039	1.4068	1.4109
USD/JPY	93.70	94.06	94.48	94.84	95.27	95.62	96.05
GBP/USD	1.5756	1.5795	1.5852	1.5891	1.5948	1.5987	1.6044
GBP/JPY	148.28	149.03	150.00	150.75	151.73	152.47	153.45

Weekly Pivot Points

	S3	S2	S1	P	R1	R2	R3
EUR/USD	1.2989	1.3206	1.3616	1.3833	1.4243	1.4460	1.4870
USD/JPY	90.53	92.18	93.38	95.04	96.23	97.89	99.08
GBP/USD	1.4543	1.4829	1.5371	1.5657	1.6199	1.6485	1.7027
GBP/JPY	137.26	140.14	145.31	148.19	153.36	156.24	161.41

Monthly Pivot Points

	S3	S2	S1	P	R1	R2	R3
EUR/USD	1.2195	1.2540	1.2892	1.3237	1.3589	1.3934	1.4286
USD/JPY	90.03	92.82	95.85	98.64	101.67	104.46	107.49
GBP/USD	1.3566	1.3919	1.4360	1.4713	1.5154	1.5507	1.5948
GBP/JPY	127.25	133.12	139.75	145.62	152.25	158.12	164.75

Note:

Pivot points are very useful tools that use the previous bars' highs, lows and closings to project support and resistance levels for future bars. Daily pivot points are useful for swing trading. Longer term pivot points provide an idea of where key support and resistance levels should be. Place the pivot points on your charts and see how traders appear to give pivot point levels a lot of respect. Daily pivots are calculated from previous day's high, low, close which ends at 24.00 GMT.

read more...

Trading Strategy

EURUSD

This week for EURUSD, I am thinking for bullish now. But I'll wait for good entry. RSI looks overbought and prices is far away from trendline, I will buy if prices touch trenline and use candlestick chart pattern at H4 for confirmation.

USDJPY

This pair is still downtrend because of head and shoulders pattern. Prices should go to 89.00-90.00 if we use head and shoulders for determining taking-profit (TP). Just looking for selling this pair.

GBPUSD

This pair likes chart of EURUSD this week. So, I am gonna buy for this pair but still waiting for good entry. I consider for buying when prices touch trendline and use candlestick chart pattern at H4 for confirmation.

GBPJPY

Upper trendline had broken last friday. I am thinking for bullish now. But honestly I do not know where is level I want to take for entry.
Today, I am not trading now because of Memorial Day at USA. I think prices don't move too much (low volatility). read more...

Daily Pivot Points

	S3	S2	S1	P	R1	R2	R3
EUR/USD	1.3781	1.3840	1.3932	1.3991	1.4083	1.4142	1.4234
USD/JPY	92.91	93.38	93.97	94.44	95.04	95.50	96.10
GBP/USD	1.5609	1.5682	1.5797	1.5870	1.5985	1.6058	1.6173
GBP/JPY	145.76	146.94	148.71	149.89	151.66	152.84	154.61

Weekly Pivot Points

	S3	S2	S1	P	R1	R2	R3
EUR/USD	1.2989	1.3206	1.3616	1.3833	1.4243	1.4460	1.4870
USD/JPY	90.53	92.18	93.38	95.04	96.23	97.89	99.08
GBP/USD	1.4543	1.4829	1.5371	1.5657	1.6199	1.6485	1.7027
GBP/JPY	137.26	140.14	145.31	148.19	153.36	156.24	161.41

Monthly Pivot Points

	S3	S2	S1	P	R1	R2	R3
EUR/USD	1.2195	1.2540	1.2892	1.3237	1.3589	1.3934	1.4286
USD/JPY	90.03	92.82	95.85	98.64	101.67	104.46	107.49
GBP/USD	1.3566	1.3919	1.4360	1.4713	1.5154	1.5507	1.5948
GBP/JPY	127.25	133.12	139.75	145.62	152.25	158.12	164.75

Note:

Pivot points are very useful tools that use the previous bars' highs, lows and closings to project support and resistance levels for future bars. Daily pivot points are useful for swing trading. Longer term pivot points provide an idea of where key support and resistance levels should be. Place the pivot points on your charts and see how traders appear to give pivot point levels a lot of respect. Daily pivots are calculated from previous day's high, low, close which ends at 24.00 GMT.

read more...

Daily Pivot Points

	S3	S2	S1	P	R1	R2	R3
EUR/USD	1.3585	1.3656	1.3798	1.3869	1.4011	1.4082	1.4224
USD/JPY	92.02	92.95	93.41	94.34	94.81	95.73	96.20
GBP/USD	1.5259	1.5386	1.5639	1.5766	1.6019	1.6146	1.6399
GBP/JPY	144.03	145.42	147.30	148.69	150.58	151.96	153.85

Weekly Pivot Points

	S3	S2	S1	P	R1	R2	R3
EUR/USD	1.3078	1.3260	1.3358	1.3540	1.3638	1.3820	1.3918
USD/JPY	89.48	92.10	93.55	96.17	97.62	100.24	101.69
GBP/USD	1.4728	1.4893	1.5021	1.5186	1.5314	1.5479	1.5607
GBP/JPY	134.45	138.90	141.41	145.86	148.38	153.82	155.34

Monthly Pivot Points

	S3	S2	S1	P	R1	R2	R3
EUR/USD	1.2195	1.2540	1.2892	1.3237	1.3589	1.3934	1.4286
USD/JPY	90.03	92.82	95.85	98.64	101.67	104.46	107.49
GBP/USD	1.3566	1.3919	1.4360	1.4713	1.5154	1.5507	1.5948
GBP/JPY	127.25	133.12	139.75	145.62	152.25	158.12	164.75

Note:

Pivot points are very useful tools that use the previous bars' highs, lows and closings to project support and resistance levels for future bars. Daily pivot points are useful for swing trading. Longer term pivot points provide an idea of where key support and resistance levels should be. Place the pivot points on your charts and see how traders appear to give pivot point levels a lot of respect. Daily pivots are calculated from previous day's high, low, close which ends at 24.00 GMT.

read more...

Daily Pivot Points

	S3	S2	S1	P	R1	R2	R3
EUR/USD	1.3387	1.3485	1.3633	1.3731	1.3879	1.3977	1.4125
USD/JPY	92.19	93.32	93.95	95.08	95.71	96.84	97.47
GBP/USD	1.5188	1.5318	1.5532	1.5662	1.5876	1.6006	1.6220
GBP/JPY	145.40	146.47	147.69	148.76	149.99	151.05	152.28

Weekly Pivot Points

	S3	S2	S1	P	R1	R2	R3
EUR/USD	1.3078	1.3260	1.3358	1.3540	1.3638	1.3820	1.3918
USD/JPY	89.48	92.10	93.55	96.17	97.62	100.24	101.69
GBP/USD	1.4728	1.4893	1.5021	1.5186	1.5314	1.5479	1.5607
GBP/JPY	134.45	138.90	141.41	145.86	148.38	153.82	155.34

Monthly Pivot Points

	S3	S2	S1	P	R1	R2	R3
EUR/USD	1.2195	1.2540	1.2892	1.3237	1.3589	1.3934	1.4286
USD/JPY	90.03	92.82	95.85	98.64	101.67	104.46	107.49
GBP/USD	1.3566	1.3919	1.4360	1.4713	1.5154	1.5507	1.5948
GBP/JPY	127.25	133.12	139.75	145.62	152.25	158.12	164.75

Note:

Pivot points are very useful tools that use the previous bars' highs, lows and closings to project support and resistance levels for future bars. Daily pivot points are useful for swing trading. Longer term pivot points provide an idea of where key support and resistance levels should be. Place the pivot points on your charts and see how traders appear to give pivot point levels a lot of respect.

• Daily pivots are calculated from previous day's high, low, close which ends at 24.00 GMT.
• The pivot levels and charts are updated throughout the day to cater for data adjustments during the day.
• Choose the currency pair on the right menu for charts showing pivot levels.

read more...

Daily Pivot Points

	S3	S2	S1	P	R1	R2	R3
EUR/USD	1.3422	1.3476	1.3559	1.3613	1.3696	1.3750	1.3833
USD/JPY	95.04	95.47	95.83	96.26	96.62	97.05	97.41
GBP/USD	1.5120	1.5207	1.5348	1.5435	1.5576	1.5663	1.5804
GBP/JPY	144.95	146.00	147.50	148.55	150.05	151.11	152.60

Weekly Pivot Points

	S3	S2	S1	P	R1	R2	R3
EUR/USD	1.3078	1.3260	1.3358	1.3540	1.3638	1.3820	1.3918
USD/JPY	89.48	92.10	93.55	96.17	97.62	100.24	101.69
GBP/USD	1.4728	1.4893	1.5021	1.5186	1.5314	1.5479	1.5607
GBP/JPY	134.45	138.90	141.41	145.86	148.38	153.82	155.34

Monthly Pivot Points

	S3	S2	S1	P	R1	R2	R3
EUR/USD	1.2195	1.2540	1.2892	1.3237	1.3589	1.3934	1.4286
USD/JPY	90.03	92.82	95.85	98.64	101.67	104.46	107.49
GBP/USD	1.3566	1.3919	1.4360	1.4713	1.5154	1.5507	1.5948
GBP/JPY	127.25	133.12	139.75	145.62	152.25	158.12	164.75

Note:

Pivot points are very useful tools that use the previous bars' highs, lows and closings to project support and resistance levels for future bars. Daily pivot points are useful for swing trading. Longer term pivot points provide an idea of where key support and resistance levels should be. Place the pivot points on your charts and see how traders appear to give pivot point levels a lot of respect. Daily pivots are calculated from previous day's high, low, close which ends at 24.00 GMT.

read more...

Daily Pivot Points

	S3	S2	S1	P	R1	R2	R3
EUR/USD	1.3321	1.3372	1.3461	1.3512	1.3601	1.3652	1.3741
USD/JPY	93.16	93.85	95.08	95.74	96.99	97.68	98.90
GBP/USD	1.4945	1.5030	1.5177	1.5262	1.5409	1.5494	1.5641
GBP/JPY	139.46	141.24	144.40	146.18	149.34	151.12	154.28

Weekly Pivot Points

	S3	S2	S1	P	R1	R2	R3
EUR/USD	1.3078	1.3260	1.3358	1.3540	1.3638	1.3820	1.3918
USD/JPY	89.48	92.10	93.55	96.17	97.62	100.24	101.69
GBP/USD	1.4728	1.4893	1.5021	1.5186	1.5314	1.5479	1.5607
GBP/JPY	134.45	138.90	141.41	145.86	148.38	153.82	155.34

Monthly Pivot Points

	S3	S2	S1	P	R1	R2	R3
EUR/USD	1.2195	1.2540	1.2892	1.3237	1.3589	1.3934	1.4286
USD/JPY	90.03	92.82	95.85	98.64	101.67	104.46	107.49
GBP/USD	1.3566	1.3919	1.4360	1.4713	1.5154	1.5507	1.5948
GBP/JPY	127.25	133.12	139.75	145.62	152.25	158.12	164.75

Note:

Pivot points are very useful tools that use the previous bars' highs, lows and closings to project support and resistance levels for future bars. Daily pivot points are useful for swing trading. Longer term pivot points provide an idea of where key support and resistance levels should be. Place the pivot points on your charts and see how traders appear to give pivot point levels a lot of respect. Daily pivots are calculated from previous day's high, low, close which ends at 24.00 GMT.

read more...

Daily Pivot Points

	S3	S2	S1	P	R1	R2	R3
EUR/USD	1.3429	1.3477	1.3553	1.3516	1.3590	1.3723	1.3797
USD/JPY	93.11	93.91	94.46	95.27	95.81	96.62	97.17
GBP/USD	1.4938	1.5035	1.5092	1.5189	1.5246	1.5343	1.5400
GBP/JPY	139.98	141.75	142.84	144.61	145.70	147.47	148.56

Weekly Pivot Points

	S3	S2	S1	P	R1	R2	R3
EUR/USD	1.3078	1.3260	1.3358	1.3540	1.3638	1.3820	1.3918
USD/JPY	89.48	92.10	93.55	96.17	97.62	100.24	101.69
GBP/USD	1.4728	1.4893	1.5021	1.5186	1.5314	1.5479	1.5607
GBP/JPY	134.45	138.90	141.41	145.86	148.38	153.82	155.34

Monthly Pivot Points

	S3	S2	S1	P	R1	R2	R3
EUR/USD	1.2195	1.2540	1.2892	1.3237	1.3589	1.3934	1.4286
USD/JPY	90.03	92.82	95.85	98.64	101.67	104.46	107.49
GBP/USD	1.3566	1.3919	1.4360	1.4713	1.5154	1.5507	1.5948
GBP/JPY	127.25	133.12	139.75	145.62	152.25	158.12	164.75

Note:

Pivot points are very useful tools that use the previous bars' highs, lows and closings to project support and resistance levels for future bars. Daily pivot points are useful for swing trading. Longer term pivot points provide an idea of where key support and resistance levels should be. Place the pivot points on your charts and see how traders appear to give pivot point levels a lot of respect. Daily pivots are calculated from previous day's high, low, close which ends at 24.00 GMT.

read more...

Trading Strategy

GBPJPY

My trading journal for next week, I use same chart with this week at GBPJPY.



My trading plan:

• SELL, when prices break black trendline and close below it at daily. I use red-line for target.
• BUY, when prices break down-channel and stay above that at weekly. I recommend that price close above purple line for confirmation. I use blue-horizontal line for target.

GBPUSD

I like GBPUSD this week, I saw head and shoulders and price retraced at 38.2 at H4 yesterday. I've sold this pair at 15 May 2009 16.25 GMT, check my other post today.

EURUSD

Next week EURUSD can be in ranging. I see ascending triangle can be formed.


Trading plan:

• SELL, price had closed below channel at H4. I think price will go south next week
• BUY, if price close above resistance line, I consider to buy at this pair.
• Until this pattern (ascending triangle) breaks out, just buy when price touch support line and sell when touch resistance line. I use candlestick pattern at H4 as confirmation.

USDJPY

I see reversal pattern (head and shoulders) this week for this pair and prices had closed below trendline. I think USDJPY will be in bearish next week.
Trading plan:
I just think to sell USDJPY next week. If next week prices still close below trendline, I'll consider to sell it.

Trading Strategy

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Daily Pivot Points

	S3	S2	S1	P	R1	R2	R3
EUR/USD	1.3429	1.3477	1.3553	1.3601	1.3677	1.3725	1.3801
USD/JPY	94.24	94.67	95.32	95.75	96.40	96.83	97.48
GBP/USD	1.4918	1.4988	1.5105	1.5175	1.5292	1.5362	1.5479
GBP/JPY	141.08	142.21	144.16	145.29	147.24	148.37	150.32

Weekly Pivot Points

	S3	S2	S1	P	R1	R2	R3
EUR/USD	1.2902	1.3057	1.3345	1.3500	1.3788	1.3943	1.4231
USD/JPY	96.02	96.97	97.85	98.80	99.68	100.63	101.51
GBP/USD	1.4549	1.4691	1.4952	1.5094	1.5355	1.5497	1.5758
GBP/JPY	143.87	145.41	147.80	149.34	151.74	153.27	155.67

Monthly Pivot Points

	S3	S2	S1	P	R1	R2	R3
EUR/USD	1.2195	1.2540	1.2892	1.3237	1.3589	1.3934	1.4286
USD/JPY	90.03	92.82	95.85	98.64	101.67	104.46	107.49
GBP/USD	1.3566	1.3919	1.4360	1.4713	1.5154	1.5507	1.5948
GBP/JPY	127.25	133.12	139.75	145.62	152.25	158.12	164.75

Note:

Pivot points are very useful tools that use the previous bars' highs, lows and closings to project support and resistance levels for future bars. Daily pivot points are useful for swing trading. Longer term pivot points provide an idea of where key support and resistance levels should be. Place the pivot points on your charts and see how traders appear to give pivot point levels a lot of respect. Daily pivots are calculated from previous day's high, low, close which ends at 24.00 GMT.

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Daily Pivot Points

	S3	S2	S1	P	R1	R2	R3
EUR/USD	1.3288	1.3411	1.3476	1.3599	1.3664	1.3787	1.3852
USD/JPY	93.21	94.16	94.77	95.73	96.33	97.29	97.89
GBP/USD	1.4769	1.4927	1.5015	1.5173	1.5261	1.5419	1.5507
GBP/JPY	138.40	141.14	142.59	145.33	146.78	149.52	150.97

Weekly Pivot Points

	S3	S2	S1	P	R1	R2	R3
EUR/USD	1.2902	1.3057	1.3345	1.3500	1.3788	1.3943	1.4231
USD/JPY	96.02	96.97	97.85	98.80	99.68	100.63	101.51
GBP/USD	1.4549	1.4691	1.4952	1.5094	1.5355	1.5497	1.5758
GBP/JPY	143.87	145.41	147.80	149.34	151.74	153.27	155.67

Monthly Pivot Points

	S3	S2	S1	P	R1	R2	R3
EUR/USD	1.2195	1.2540	1.2892	1.3237	1.3589	1.3934	1.4286
USD/JPY	90.03	92.82	95.85	98.64	101.67	104.46	107.49
GBP/USD	1.3566	1.3919	1.4360	1.4713	1.5154	1.5507	1.5948
GBP/JPY	127.25	133.12	139.75	145.62	152.25	158.12	164.75

Note:

Pivot points are very useful tools that use the previous bars' highs, lows and closings to project support and resistance levels for future bars. Daily pivot points are useful for swing trading. Longer term pivot points provide an idea of where key support and resistance levels should be. Place the pivot points on your charts and see how traders appear to give pivot point levels a lot of respect. Daily pivots are calculated from previous day's high, low, close which ends at 24.00 GMT.

read more...

Daily Pivot Points

	S3	S2	S1	P	R1	R2	R3
EUR/USD	1.3447	1.3505	1.3590	1.3648	1.3733	1.3791	1.3876
USD/JPY	93.69	94.83	95.53	96.68	97.38	98.52	99.22
GBP/USD	1.4844	1.4958	1.5123	1.5237	1.5402	1.5516	1.5681
GBP/JPY	142.63	144.46	145.80	147.63	148.97	150.80	152.14

Weekly Pivot Points

	S3	S2	S1	P	R1	R2	R3
EUR/USD	1.2902	1.3057	1.3345	1.3500	1.3788	1.3943	1.4231
USD/JPY	96.02	96.97	97.85	98.80	99.68	100.63	101.51
GBP/USD	1.4549	1.4691	1.4952	1.5094	1.5355	1.5497	1.5758
GBP/JPY	143.87	145.41	147.80	149.34	151.74	153.27	155.67

Monthly Pivot Points

	S3	S2	S1	P	R1	R2	R3
EUR/USD	1.2195	1.2540	1.2892	1.3237	1.3589	1.3934	1.4286
USD/JPY	90.03	92.82	95.85	98.64	101.67	104.46	107.49
GBP/USD	1.3566	1.3919	1.4360	1.4713	1.5154	1.5507	1.5948
GBP/JPY	127.25	133.12	139.75	145.62	152.25	158.12	164.75

Note:

Pivot points are very useful tools that use the previous bars' highs, lows and closings to project support and resistance levels for future bars. Daily pivot points are useful for swing trading. Longer term pivot points provide an idea of where key support and resistance levels should be. Place the pivot points on your charts and see how traders appear to give pivot point levels a lot of respect. Daily pivots are calculated from previous day's high, low, close which ends at 24.00 GMT.

read more...

Trading Journal (GBPJPY)

I've short GBPJPY @147.20, SL @148.20, TP @142.50 (S3 Daily Pivot Points)
My reasons are:

• Main trend is downtrend.
• Prices have touched red-trendline @H1 and prices closed below it.
• Blue-trendline has been broken @H4 and prices closed below it.

Closed with lost -100pips

Trading Journal

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Daily Pivot Points

	S3	S2	S1	P	R1	R2	R3
EUR/USD	1.3430	1.3496	1.3573	1.3603	1.3649	1.3713	1.3759
USD/JPY	95.43	96.34	96.97	97.88	98.51	99.42	100.05
GBP/USD	1.4866	1.4967	1.5043	1.5144	1.5220	1.5321	1.5397
GBP/JPY	142.50	144.61	146.08	148.19	149.66	151.77	153.24

Weekly Pivot Points

	S3	S2	S1	P	R1	R2	R3
EUR/USD	1.2902	1.3057	1.3345	1.3500	1.3788	1.3943	1.4231
USD/JPY	96.02	96.97	97.85	98.80	99.68	100.63	101.51
GBP/USD	1.4549	1.4691	1.4952	1.5094	1.5355	1.5497	1.5758
GBP/JPY	143.87	145.41	147.80	149.34	151.74	153.27	155.67

Monthly Pivot Points

	S3	S2	S1	P	R1	R2	R3
EUR/USD	1.2195	1.2540	1.2892	1.3237	1.3589	1.3934	1.4286
USD/JPY	90.03	92.82	95.85	98.64	101.67	104.46	107.49
GBP/USD	1.3566	1.3919	1.4360	1.4713	1.5154	1.5507	1.5948
GBP/JPY	127.25	133.12	139.75	145.62	152.25	158.12	164.75

Note:

Pivot points are very useful tools that use the previous bars' highs, lows and closings to project support and resistance levels for future bars. Daily pivot points are useful for swing trading. Longer term pivot points provide an idea of where key support and resistance levels should be. Place the pivot points on your charts and see how traders appear to give pivot point levels a lot of respect. Daily pivots are calculated from previous day's high, low, close which ends at 24.00 GMT.

read more...