The Trend Trader helps to identify the current trend status of your favorite forex 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.

Neal 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.

The Trend Trader for Forex For Trading On Monday, October 26, 2009 Presented by the Pattern Trapper – www.PatternTrapper.com – 952-892-5550 Trend Trader readings are based on Daily Pivot calculations.  For a detailed explanation Click Here!     THE BIG SIX Close Change 3×1 7×5 Minor Trend Major Trend Trend Reading  AUDUSD – Aust Dollar / US Dollar 0.9223 − 0.0044 0.9253 0.9222 Neutral  EURUSD – Euro / US Dollar 1.5007 − 0.0026 1.5002 1.4965 Bullish  GBPUSD – British Pound / US Dollar 1.6304 − 0.0316 1.6514 1.6412 Bearish  USDCAD – US Dollar / Canadian Dollar 1.0533 + 0.0059 1.0483 1.0460 Bullish  USDCHF – US Dollar / Swiss Franc 1.0086 + 0.0042 1.0074 1.0115 Neutral  USDJPY – US Dollar / Japanese Yen 92.044 + 0.759 91.323 91.413 Bullish    ALL OTHERS  AUDCAD – Aust Dollar / Canadian Dollar 0.9712 + 0.0007 0.9701 0.9650 Bullish  AUDCHF – Aust Dollar / Swiss Franc 0.9303 − 0.0005 0.9319 0.9329 Bearish  AUDJPY – Aust Dollar / Japanese Yen 84.891 + 0.303 84.521 84.332 Bullish  AUDNZD – Aust Dollar / New Zealand $ 1.2216 − 0.0010 1.2241 1.2269 Bearish  CADCHF – Canadian Dollar / Swiss Franc 0.9573 − 0.0013 0.9603 0.9656 Bearish  CADJPY – Canadian Dollar / Japanese Yen 87.355 + 0.236 87.112 87.176 Bullish  CHFJPY – Swiss Franc / Japanese Yen 91.243 + 0.397 90.662 90.491 Bullish  EURAUD – Euro / Australian Dollar 1.6263 + 0.0047 1.6209 1.6213 Bullish  EURCAD – Euro / Canadian Dollar 1.5804 + 0.0063 1.5728 1.5669 Bullish  EURCHF – Euro / Swiss Franc 1.5137 + 0.0038 1.5114 1.5136 Bullish  EURDKK – Euro / Danish Krone 7.4432 − 0.0001 7.4433 7.4436 Bearish  EURGBP – Euro / British Pound 0.9201 + 0.0159 0.9078 0.9138 Bullish  EURJPY – Euro / Japanese Yen 138.139 + 0.917 137.031 137.080 Bullish  EURNOK – Euro / Norwegian Krone 8.3377 + 0.0305 8.3318 8.3469 Neutral  EURNZD – Euro / New Zealand Dollar 1.9881 + 0.0048 1.9839 1.9920 Neutral  EURSEK – Euro / Swedish Krona 10.1750 − 0.0311 10.2549 10.2510 Bearish  GBPAUD – British Pound / Aust Dollar 1.7670 − 0.0259 1.7854 1.7767 Bearish  GBPCAD – British Pound / Canadian $ 1.7170 − 0.0236 1.7334 1.7178 Bearish  GBPCHF – British Pound / Swiss Franc 1.6443 − 0.0249 1.6647 1.6550 Bearish  GBPJPY – British Pound / Japanese Yen 150.070 − 1.636 150.944 150.123 Bearish  GBPNZD – British Pound / New Zealand $ 2.1599 − 0.0330 2.1859 2.1756 Bearish  NZDCAD – New Zealand $ / Canadian $ 0.7938 + 0.0005 0.7919 0.7851 Bullish  NZDCHF – New Zealand $ / Swiss Franc 0.7603 − 0.0004 0.7611 0.7591 Neutral  NZDJPY – New Zealand $ / Japanese Yen 69.401 + 0.268 69.024 68.703 Bullish  NZDUSD – New Zealand $ / US Dollar 0.7538 − 0.0035 0.7558 0.7513 Neutral  SGDJPY – Singapore Dollar/Japanese Yen 65.965 + 0.425 65.540 65.608 Bullish  USDDKK – US Dollar / Danish Krone 4.9592 + 0.0080 4.9611 4.9737 Bearish  USDHKD – US Dollar / Hong Kong Dollar 7.7499 + 0.0001 7.7499 7.7499 Bullish  USDNOK – US Dollar / Norwegian Krone 5.5549 + 0.0287 5.5519 5.5764 Neutral  USDSEK – US Dollar / Swedish Krona 6.7805 − 0.0085 6.8364 6.8457 Bearish  USDSGD – US Dollar / Singapore Dollar 1.3946 + 0.0029 1.3929 1.3937 Bullish