PatternTrapper's Commentaries

The Trend Trader For Futures Trading on Tuesday, November 10, 2009

by PatternTrapper on Nov 9, 2009
The Trend Trader helps to identify the current trend status of your favorite futures markets. It not only helps us to stay on the right side of market direction, but also helps us avoid those without a trend. You can even use the grid as a spread matrix too - buying strength and selling weakness. Before you place your next trade, be sure to consult the Trend Trader.

The Trend Trader for FuturesNeal Weintraub: Pivot Point analysis is merely a tool and should be used with other technical indicators. It can be used to enter a trade, or exit a trade and when combined with average true range is a powerful money management tool. Once you enter a trade, you are no longer a trader, you are a risk manager and should monitor your trades on a weekly or daily basis depending on volatility. When you enter a trade assume you are wrong and let the market prove you are right. This will diminish the hubris and arrogance that is common to many traders. Please use these Pivot Points as a guide to better trading.


dot_clear.gif
The Trend Trader for Futures
dot_clear.gifFor Trading On Tuesday, November 10, 2009
dot_clear.gif
Presented by the Pattern Trapper - www.PatternTrapper.com - 952-892-5550
dot_clear.gifTrend Trader readings are based on Daily Pivot calculations.  For a detailed explanation Click Here! 


INDICES
Close
Change
3x1
7x5		Minor
Trend		Major
Trend		Trend Reading
 dot_clear.gifS&P 500 - Dec ESZ91091.75+ 25.501069.501053.83ArwUp.gifArwUp.gifBullish
 dot_clear.gifDow Jones - Dec YMZ910192+ 214100069872ArwUp.gifArwUp.gifBullish
 dot_clear.gifNasdaq - Dec NQZ91766.50+ 36.751731.361704.00ArwUp.gifArwUp.gifBullish
 dot_clear.gifRussell - Dec TFZ9589.40+ 11.40580.12571.17ArwUp.gifArwUp.gifBullish
INTEREST RATES
 dot_clear.gifUS T-Bond - Dec ZBZ9118-16+ 0-02118-12118-26ArwUp.gifArwDwn.gifNeutral
 dot_clear.gifUS T-Note - Dec TYZ9118-17+ 0-04118-10118-08ArwUp.gifArwUp.gifBullish
CURRENCIES
 dot_clear.gifUS Dollar Index - Dec DXZ975.135− 0.80575.68676.343ArwDwn.gifArwDwn.gifBearish
 dot_clear.gifAustralian Dollar - Dec ADZ90.9271+ 0.01120.91390.9070ArwUp.gifArwUp.gifBullish
 dot_clear.gifBritish Pound - Dec BPZ91.6758+ 0.01471.66271.6501ArwUp.gifArwUp.gifBullish
 dot_clear.gifCanadian Dollar - Dec CDZ90.9474+ 0.01730.93830.9317ArwUp.gifArwUp.gifBullish
 dot_clear.gifEuroFX - Dec ECZ91.5000+ 0.01561.48931.4795ArwUp.gifArwUp.gifBullish
 dot_clear.gifJapanese Yen - Dec JYZ91.1119− 0.00151.10891.1086ArwUp.gifArwUp.gifBullish
 dot_clear.gifSwiss Franc - Dec SFZ90.9921+ 0.00930.98600.9799ArwUp.gifArwUp.gifBullish
LIVESTOCK
 dot_clear.gifFeeder Cattle - Jan FCF095.700− 0.37596.44496.225ArwDwn.gifArwDwn.gifBearish
 dot_clear.gifLive Cattle - Dec LCZ984.950− 0.05085.61485.567ArwDwn.gifArwDwn.gifBearish
 dot_clear.gifLean Hogs - Dec LHZ955.800+ 0.10056.29456.533ArwDwn.gifArwDwn.gifBearish
 dot_clear.gifPork Bellies - Feb PBG084.600− 1.50085.55686.733ArwDwn.gifArwDwn.gifBearish
GRAINS
 dot_clear.gifCorn - Dec CZ9386^0+ 19^0376^4377^2ArwUp.gifArwUp.gifBullish
 dot_clear.gifWheat - Dec WZ9520^0+ 22^6510^0506^6ArwUp.gifArwUp.gifBullish
 dot_clear.gifSoybeans - Jan SF0972^0+ 17^0970^0977^2ArwUp.gifArwDwn.gifNeutral
 dot_clear.gifSoybean Meal - Dec SMZ9294.3+ 5.5292.2296.3ArwUp.gifArwDwn.gifNeutral
 dot_clear.gifSoybean Oil - Dec BOZ937.77+ 1.0037.0737.05ArwUp.gifArwUp.gifBullish
ENERGY
 dot_clear.gifCrude Oil - Dec CLZ979.43+ 1.7879.0678.42ArwUp.gifArwUp.gifBullish
 dot_clear.gifHeating Oil - Dec HOZ92.0627+ 0.05292.04562.0285ArwUp.gifArwUp.gifBullish
 dot_clear.gifNatural Gas - Dec NGZ94.670+ 0.0684.6844.757ArwDwn.gifArwDwn.gifBearish
METALS
 dot_clear.gifGold - Dec GCZ91101.4   0.01096.41081.8ArwUp.gifArwUp.gifBullish
 dot_clear.gifSilver - Dec SIZ917.575+ 0.09517.48017.120ArwUp.gifArwUp.gifBullish
 dot_clear.gifCopper - Dec HGZ92.9675   0.00002.96882.9603ArwDwn.gifArwUp.gifNeutral
FOODS & FIBER
 dot_clear.gifOrange Juice - Jan OJF0115.85− 0.10115.72114.00ArwUp.gifArwUp.gifBullish
 dot_clear.gifSugar - Mar SBH022.41− 0.0222.7322.91ArwDwn.gifArwDwn.gifBearish
 dot_clear.gifCocoa - Dec CCZ93162− 2432043227ArwDwn.gifArwDwn.gifBearish
 dot_clear.gifCoffee - Dec KCZ9140.05+ 1.15140.82139.28ArwDwn.gifArwUp.gifNeutral
 dot_clear.gifCotton - Dec CTZ967.61+ 1.0767.3767.42ArwUp.gifArwUp.gifBullish
Statement of disclaimer: This information was compiled from sources believed to be reliable, but its accuracy cannot be guaranteed. There is substantial risk of loss in trading futures, forex. ETFs, and stocks. There is no warranty, express or implied, in regards to the fitness of this information for any particular purpose. Past performance is not a guarantee of future results. All materials are copyright © 2009 by Bob Hunt. No part of these resources may be reproduced, stored or transmitted without the prior written permission of the copyright holder.
Tags:
futures, gold, index, Indices, interest-rate, currencies, livestock, grains, energy, metals, foods-and-fiber, softs, e-mini, day-trading, cme, cbot, derivative, spread, money, markets, investment, commentary, economy, market-news, economics, education, diversification, leverage, liquidity, speculation, hedge

More Commentaries by this author

0 0 Share

Sign in or Join now to leave a Comment and rate content!