Friday 21 September 2012

FOREX PIVOT POINT

FOREX PIVOT POINT(FOR TRADING 21-9-2012):Iam going to give standard pivot point and camarilla pivot point  for 8 pair of currency.The pair of currency are AUSUSD,GBPJPY,GBPUSD,
EURJPY,EURUSD,USDCAD,USDJPY,USDCHF.                

I  have used the following formula for calculating standard pivot point.
// PIVOT Calculation
p = ( H1+ L1 + C1 )/3;
s1 = (2*p)-H1;
s2 = p -(H1 - L1);
s3 = S1 - (H1-L1);
r1 = (2*p)-L1;
r2 = p +(H1 - L1);
r3 = R1 +(H1-L1);
















R4 = C + RANGE * 1.1/2








R3 = C + RANGE * 1.1/4








R2 = C + RANGE * 1.1/6








R1 = C + RANGE * 1.1/12








PP = (HIGH + LOW + CLOSE) / 3








S1 = C - RANGE * 1.1/12








S2 = C - RANGE * 1.1/6








S3 = C - RANGE * 1.1/4








S4 = C - RANGE * 1.1/2



















Where R1 through R4 are Resistance levels 1 to 4, PP is the Pivot Point, S1 through S4 are support levels 1 to 4,
RANGE is the High minus the Low for the given time frame (usually daily). C stands for the Closing price.

STANDARD PIVOT


<ticker>
R3
R2
R1
Pivot
S1
S2
S3


AUDUSD
1.05883
1.053105
1.048225
1.0425
1.03762
1.031895
1.027015


GBPJPY
128.428
127.864
127.3675
126.8035
126.307
125.743
125.2465


GBPUSD
1.632338
1.627987
1.625063
1.620712
1.617788
1.613437
1.610513


EURJPY
103.7228
103.0617
102.2658
101.6047
100.8088
100.1477
99.35183


EURUSD
1.318863
1.312387
1.304878
1.298402
1.290893
1.284417
1.276908


USDCAD
0.986943
0.984297
0.980283
0.977637
0.973623
0.970977
0.966963


USDJPY
78.88417
78.67333
78.44367
78.23283
78.00317
77.79233
77.56267


USDCHF
0.945877
0.940743
0.936567
0.931433
0.927257
0.922123
0.917947












 Camarilla Pivot Points


<ticker>
 R4
R3
R2
R1
Pivot
S1
S2
S3
S4
AUDUSD
1.049178
1.046261
1.045289
1.044317
1.0425
1.042373
1.041401
1.040429
1.037512
GBPJPY
127.4543
127.1626
127.0654
126.9682
126.8035
126.7738
126.6766
126.5794
126.2877
GBPUSD
1.626141
1.624141
1.623474
1.622807
1.620712
1.621473
1.620806
1.620139
1.618139
EURJPY
102.2714
101.8707
101.7371
101.6036
101.6047
101.3364
101.2029
101.0693
100.6687
EURUSD
1.305062
1.301216
1.299934
1.298652
1.298402
1.296088
1.294806
1.293524
1.289678
USDCAD
0.979933
0.978102
0.977491
0.976881
0.977637
0.97566
0.975049
0.974439
0.972607
USDJPY
78.45628
78.33514
78.29476
78.25438
78.23283
78.17362
78.13324
78.09286
77.97173
USDCHF
0.937511
0.93495
0.934097
0.933243
0.931433
0.931537
0.930683
0.92983
0.92727













































































































































































































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