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 Friday, October 16, 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 0.9204 + 0.0055 0.9131 0.8925 Bullish  EURUSD – Euro / US Dollar 1.4947 + 0.0026 1.4884 1.4708 Bullish  GBPUSD – British Pound / US Dollar 1.6269 + 0.0292 1.6000 1.5928 Bullish  USDCAD – US Dollar / Canadian Dollar 1.0337 + 0.0102 1.0296 1.0550 Neutral  USDCHF – US Dollar / Swiss Franc 1.0146 − 0.0005 1.0183 1.0300 Bearish  USDJPY – US Dollar / Japanese Yen 90.551 + 1.107 89.786 89.241 Bullish    All Others  AUDCAD – Aust Dollar / Canadian Dollar 0.9514 + 0.0152 0.9403 0.9446 Bullish  AUDCHF – Aust Dollar / Swiss Franc 0.9338 + 0.0053 0.9300 0.9201 Bullish  AUDJPY – Aust Dollar / Japanese Yen 83.340 + 1.522 81.970 79.885 Bullish  AUDNZD – Aust Dollar / New Zealand $ 1.2355 − 0.0005 1.2329 1.2188 Bullish  CADCHF – Canadian Dollar / Swiss Franc 0.9812 − 0.0101 0.9882 0.9785 Neutral  CADJPY – Canadian Dollar / Japanese Yen 87.572 + 0.239 87.185 84.988 Bullish  CHFJPY – Swiss Franc / Japanese Yen 89.233 + 1.144 88.115 86.564 Bullish  EURAUD – Euro / Australian Dollar 1.6234 − 0.0072 1.6301 1.6470 Bearish  EURCAD – Euro / Canadian Dollar 1.5448 + 0.0180 1.5334 1.5484 Neutral  EURCHF – Euro / Swiss Franc 1.5165 + 0.0019 1.5161 1.5158 Bullish  EURDKK – Euro / Danish Krone 7.4434 − 0.0005 7.4435 7.4435 Bearish  EURGBP – Euro / British Pound 0.9185 − 0.0153 0.9301 0.9244 Bearish  EURJPY – Euro / Japanese Yen 135.355 + 1.889 133.628 131.353 Bullish  EURNOK – Euro / Norwegian Krone 8.2940 + 0.0267 8.3039 8.3528 Bearish  EURNZD – Euro / New Zealand Dollar 2.0066 − 0.0101 2.0104 2.0103 Bearish  EURSEK – Euro / Swedish Krona 10.3436 + 0.0435 10.3267 10.2798 Bullish  GBPAUD – British Pound / Aust Dollar 1.7670 + 0.0210 1.7526 1.7816 Neutral  GBPCAD – British Pound / Canadian $ 1.6816 + 0.0466 1.6483 1.6744 Bullish  GBPCHF – British Pound / Swiss Franc 1.6505 + 0.0289 1.6297 1.6399 Bullish  GBPJPY – British Pound / Japanese Yen 147.317 + 4.427 143.691 141.929 Bullish  GBPNZD – British Pound / New Zealand $ 2.1841 + 0.0250 2.1615 2.1777 Bullish  NZDCAD – New Zealand $ / Canadian $ 0.7688 + 0.0126 0.7615 0.7708 Neutral  NZDCHF – New Zealand $ / Swiss Franc 0.7547 + 0.0045 0.7533 0.7531 Bullish  NZDJPY – New Zealand $ / Japanese Yen 67.398 + 1.272 66.432 65.318 Bullish  NZDUSD – New Zealand $ / US Dollar 0.7443 + 0.0050 0.7403 0.7309 Bullish  SGDJPY – Singapore Dollar/Japanese Yen 65.135 + 0.800 64.441 63.875 Bullish  USDDKK – US Dollar / Danish Krone 4.9792 − 0.0090 5.0008 5.0609 Bearish  USDHKD – US Dollar / Hong Kong Dollar 7.7499 − 0.0001 7.7498 7.7498 Bullish  USDNOK – US Dollar / Norwegian Krone 5.5479 + 0.0082 5.5797 5.6838 Bearish  USDSEK – US Dollar / Swedish Krona 6.9200 + 0.0175 6.9395 6.9857 Bearish  USDSGD – US Dollar / Singapore Dollar 1.3896 + 0.0001 1.3927 1.3996 Bearish

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.