September 12, 2009
Forex Pivot Points
Hello Everyone,
We definitely had some great plays this week off of my forex market reversal levels. One was on the USD/JPY and another is featured in a video below. Please note I have switched to the Youtube format so that I can share it with more people. Feel free to leave your comments on how you are doing with my weekly levels.
Here's an email I received the other day from a trader that is taking advantage of my free info.
I also saw a re-test of that same level and took another buy trade for 73pips. Thanks, Charlie B"
Hope this gives you some food for thought….
Until next week, peace and prosperity,
Jeff Wilde
***VERY IMPORTANT: If you are new to our forex market forecast service I urge you to get up to speed on how to get the most out of it. This will also explain what the abbreviations I use mean. To get all the details click this link:
Here is a video that will teach you how to get the most out of this newsletter. TO VIEW CLICK HERE:
***My highest reccomendation***
Over the past 6 years I have only personally endorsed 1 forex program. If you don't already own this one, then I would highly reccommend that you check it out a.s.a.p. I have had many unsolicited thank you letters for mentioning this program. It is a must have in every traders "Bag Of Tricks", Anyway… To read more click here…
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Key Market Reversal Levels for Sep 14 - Sep 18 |
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GBP/USD |
EUR/USD |
USD/JPY |
GBP/JPY |
EUR/JPY |
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| Turning Point Down #3 | 1.7000 | 1.5000 | 95.00 | 157.37 | 136.72 |
| Turning Point Down #2 | 1.6905 | 1.4828 | 93.26 | 155.00 | 135.00 |
| Turning Point Down #1 | 1.6750 | 1.4674 | 91.69 | 153.29 | 133.42 |
| Turning Point Up #1 | 1.6589 | 1.4500 | 89.77 | 150.00 | 131.29 |
| Turning Point Up #2 | 1.6465 | 1.4307 | 88.67 | 148.20 | 130.00 |
| Turning Point Up #3 | 1.6232 | 1.4088 | 87.33 | 146.65 | 128.50 |
| Intermediate Trend Direction |
Up | Up | Down | Down | Down |
| Major Trend Direction | Up | Up | Down | Up | Up |
| Comments | |||||
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***VERY IMPORTANT: If you are new to our forex market forecast service I urge you to get up to speed on how to get the most out of it. This will also explain what the abbreviations I use mean. To get all the details click this link: Here is a video that will teach you how to get the most out of this newsletter. TO VIEW CLICK HERE: |
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Filed under Blog, Forex Newsletter by Jeffrey Wilde
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Comments on Forex Pivot Points »
Hello Jeff
I have enjoyed your weekly video abd especially the market reversal levels. But I have a questions. How do you generate this market reversal levels? is there a way one can learn how to do so. remember the proverb, give a man fish and you feed him for a day;teach him how to fish and you feed him for life.
Also, I will like to have your video in camtasia mode cos its easier for me to watch due to my internet connection.
thanks
Just received the comment from Jon in New Zealand…
Hi Jeff,
a quick thankyou for your levels, I made 42 pips from eur/jpy this week (the 133.86 tp) and 90 from usd/jpy (dropping from 92.21). A good week for me :-)
Cheers, Jon.
Another email that I received over the weeked…
Hi Jeff,
managed to catch a trade using the reversal method - not greedy happy to catch 25 pips and run.
Thanks for showing how.
Shirley
Hi Jeff,
Just wanted to drop you a line to say the your market reversal levels is sooooooo accurate (you need to share the secret. lol). Keep up the good work man.
I look forward to them every week.
Regards,
Joseph
Hi, Jeff,
Thank you for all your assistance, particularly the weekly forex levels. They are really helpful.
I don't know if you usually do this but is there a way I can know how you come up with the weekly FX levels? Are they based on calculations or is it just a visual identification of key support/resistance levels? Thanks again for all your support.
Fidele
dear jeff
your weekly videos are giving very very good technical trading know how.
thanks for that
vinodkumar
Hello Jeff,
Great work you are doing.with the levels
Was able to ride the gbp/usd on a convincing break of the 1.641/6465 level from 1.6450 all the way to 1.6710 thats over 300 pips just on this pair.
Did enter the eur/usd at 1.4210 on a bouce from 1.4191 a couple of times but the excessive whipsaw on the 15min chart made my stops hit twice with only about 50pips then pair took off, and could not get the right setup for a good level to enter long again.
Keep it up, Trader f
Caught that nice move on the GBP/USD down to TPU3@1.6232. Blew through it as though it was now going to be resistance and caught me a bit. But caught it again to upside above TPU3 after the hammer. Very nice.
P.S. I'm sure you've been asked about levels for the ES and YM?