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.

The Trend Trader for ForexNeal 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.


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The Trend Trader for Forex
dot_clear.gifFor Trading On Monday, December 28, 2009

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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! 

   THE BIG SIX Close Change 3×1 7×5 Minor
Trend
Major
Trend
Trend Reading
 AUDUSD – Aust Dollar / US Dollar 0.8825 + 0.0027 0.8795 0.8823 ArwUp.gif ArwUp.gif Bullish
 EURUSD – Euro / US Dollar 1.4378 + 0.0040 1.4317 1.4337 ArwUp.gif ArwUp.gif Bullish
 GBPUSD – British Pound / US Dollar 1.5963 + 0.0007 1.5974 1.6016 ArwDwn.gif ArwDwn.gif Bearish
 USDCAD – US Dollar / Canadian Dollar 1.0493 + 0.0007 1.0525 1.0546 ArwDwn.gif ArwDwn.gif Bearish
 USDCHF – US Dollar / Swiss Franc 1.0371 − 0.0017 1.0418 1.0398 ArwDwn.gif ArwDwn.gif Bearish
 USDJPY – US Dollar / Japanese Yen 91.533 − 0.091 91.545 91.213 ArwDwn.gif ArwUp.gif Neutral
   ALL OTHERS
 AUDCAD – Aust Dollar / Canadian Dollar 0.9262 + 0.0037 0.9258 0.9321 ArwUp.gif ArwDwn.gif Neutral
 AUDCHF – Aust Dollar / Swiss Franc 0.9156 + 0.0017 0.9167 0.9180 ArwDwn.gif ArwDwn.gif Bearish
 AUDJPY – Aust Dollar / Japanese Yen 80.812 + 0.203 80.515 80.519 ArwUp.gif ArwUp.gif Bullish
 AUDNZD – Aust Dollar / New Zealand $ 1.2494 + 0.0013 1.2498 1.2498 ArwDwn.gif ArwDwn.gif Bearish
 CADCHF – Canadian Dollar / Swiss Franc 0.9877 − 0.0026 0.9896 0.9853 ArwDwn.gif ArwUp.gif Neutral
 CADJPY – Canadian Dollar / Japanese Yen 87.167 − 0.181 86.957 86.427 ArwUp.gif ArwUp.gif Bullish
 CHFJPY – Swiss Franc / Japanese Yen 88.233 + 0.050 87.830 87.726 ArwUp.gif ArwUp.gif Bullish
 EURAUD – Euro / Australian Dollar 1.6280 − 0.0011 1.6268 1.6219 ArwUp.gif ArwUp.gif Bullish
 EURCAD – Euro / Canadian Dollar 1.5085 + 0.0052 1.5062 1.5122 ArwUp.gif ArwDwn.gif Neutral
 EURCHF – Euro / Swiss Franc 1.4915 + 0.0022 1.4922 1.4926 ArwDwn.gif ArwDwn.gif Bearish
 EURDKK – Euro / Danish Krone 7.4434 − 0.0002 7.4429 7.4427 ArwUp.gif ArwUp.gif Bullish
 EURGBP – Euro / British Pound 0.9003 + 0.0019 0.8959 0.8961 ArwUp.gif ArwUp.gif Bullish
 EURJPY – Euro / Japanese Yen 131.577 + 0.203 131.064 130.881 ArwUp.gif ArwUp.gif Bullish
 EURNOK – Euro / Norwegian Krone 8.3458 + 0.0064 8.3579 8.3592 ArwDwn.gif ArwDwn.gif Bearish
 EURNZD – Euro / New Zealand Dollar 2.0346 + 0.0006 2.0341 2.0292 ArwUp.gif ArwUp.gif Bullish
 EURSEK – Euro / Swedish Krona 10.4540 + 0.0367 10.4353 10.4334 ArwUp.gif ArwUp.gif Bullish
 GBPAUD – British Pound / Aust Dollar 1.8071 − 0.0058 1.8158 1.8133 ArwDwn.gif ArwDwn.gif Bearish
 GBPCAD – British Pound / Canadian $ 1.6747 + 0.0018 1.6813 1.6895 ArwDwn.gif ArwDwn.gif Bearish
 GBPCHF – British Pound / Swiss Franc 1.6557 − 0.0016 1.6646 1.6648 ArwDwn.gif ArwDwn.gif Bearish
 GBPJPY – British Pound / Japanese Yen 146.107 − 0.083 146.272 146.198 ArwDwn.gif ArwDwn.gif Bearish
 GBPNZD – British Pound / New Zealand $ 2.2589 − 0.0044 2.2691 2.2673 ArwDwn.gif ArwDwn.gif Bearish
 NZDCAD – New Zealand $ / Canadian $ 0.7400 + 0.0016 0.7401 0.7448 ArwDwn.gif ArwDwn.gif Bearish
 NZDCHF – New Zealand $ / Swiss Franc 0.7318 + 0.0004 0.7329 0.7338 ArwDwn.gif ArwDwn.gif Bearish
 NZDJPY – New Zealand $ / Japanese Yen 64.564 + 0.044 64.385 64.388 ArwUp.gif ArwUp.gif Bullish
 NZDUSD – New Zealand $ / US Dollar 0.7056 + 0.0013 0.7033 0.7047 ArwUp.gif ArwUp.gif Bullish
 SGDJPY – Singapore Dollar/Japanese Yen 65.040 − 0.025 65.043 64.875 ArwDwn.gif ArwUp.gif Neutral
 USDDKK – US Dollar / Danish Krone 5.1750 − 0.0159 5.1982 5.1907 ArwDwn.gif ArwDwn.gif Bearish
 USDHKD – US Dollar / Hong Kong Dollar 7.7546 + 0.0010 7.7545 7.7546 ArwUp.gif ArwUp.gif Bullish
 USDNOK – US Dollar / Norwegian Krone 5.8025 − 0.0155 5.8361 5.8252 ArwDwn.gif ArwDwn.gif Bearish
 USDSEK – US Dollar / Swedish Krona 7.2757 + 0.0116 7.2892 7.2808 ArwDwn.gif ArwDwn.gif Bearish
 USDSGD – US Dollar / Singapore Dollar 1.4064 − 0.0012 1.4072 1.4067 ArwDwn.gif ArwDwn.gif 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.