The Trend Trader For Forex Trading on Monday, November 30, 2009

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, November 30, 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 0.9061 − 0.0075 0.9169 0.9109 Bearish  GBPUSD – British Pound / US Dollar 1.6488 − 0.0039 1.6558 1.6501 Bearish  USDCAD – US Dollar / Canadian Dollar 1.0615 + 0.0029 1.0564 1.0604 Bullish  USDCHF – US Dollar / Swiss Franc 1.0055 + 0.0028 1.0031 1.0051 Bullish  USDJPY – US Dollar / Japanese Yen 86.467 − 0.108 86.870 86.828 Bearish    ALL OTHERS  AUDCAD – Aust Dollar / Canadian Dollar 0.9619 − 0.0053 0.9685 0.9666 Bearish  AUDCHF – Aust Dollar / Swiss Franc 0.9110 − 0.0051 0.9200 0.9165 Bearish  AUDJPY – Aust Dollar / Japanese Yen 78.344 − 0.742 79.726 79.129 Bearish  AUDNZD – Aust Dollar / New Zealand $ 1.2740 − 0.0022 1.2735 1.2713 Bullish  CADCHF – Canadian Dollar / Swiss Franc 0.9467 + 0.0002 0.9493 0.9484 Bearish  CADJPY – Canadian Dollar / Japanese Yen 81.411 − 0.305 82.271 81.950 Bearish  CHFJPY – Swiss Franc / Japanese Yen 85.983 − 0.341 86.599 86.205 Bearish  EURAUD – Euro / Australian Dollar 1.6535 + 0.0101 1.6378 1.6433 Bullish  EURCAD – Euro / Canadian Dollar 1.5910 + 0.0012 1.5869 1.5890 Bullish  EURCHF – Euro / Swiss Franc 1.5069 + 0.0009 1.5074 1.5070 Bearish  EURDKK – Euro / Danish Krone 7.4425 + 0.0007 7.4417 7.4419 Bullish  EURGBP – Euro / British Pound 0.9085 + 0.0000 0.9070 0.9065 Bullish  EURJPY – Euro / Japanese Yen 129.597 − 0.416 130.536 130.022 Bearish  EURNOK – Euro / Norwegian Krone 8.4939 − 0.0003 8.4681 8.4681 Bullish  EURNZD – Euro / New Zealand Dollar 2.1069 + 0.0088 2.0861 2.0875 Bullish  EURSEK – Euro / Swedish Krona 10.4342 − 0.0301 10.4191 10.4122 Bullish  GBPAUD – British Pound / Aust Dollar 1.8191 + 0.0105 1.8053 1.8114 Bullish  GBPCAD – British Pound / Canadian $ 1.7501 + 0.0005 1.7496 1.7509 Neutral  GBPCHF – British Pound / Swiss Franc 1.6576 + 0.0004 1.6617 1.6620 Bearish  GBPJPY – British Pound / Japanese Yen 142.585 − 0.501 144.035 143.354 Bearish  GBPNZD – British Pound / New Zealand $ 2.3180 + 0.0092 2.2994 2.3012 Bullish  NZDCAD – New Zealand $ / Canadian $ 0.7541 − 0.0031 0.7598 0.7594 Bearish  NZDCHF – New Zealand $ / Swiss Franc 0.7145 − 0.0027 0.7220 0.7218 Bearish  NZDJPY – New Zealand $ / Japanese Yen 61.443 − 0.460 62.573 62.251 Bearish  NZDUSD – New Zealand $ / US Dollar 0.7105 − 0.0046 0.7200 0.7164 Bearish  SGDJPY – Singapore Dollar/Japanese Yen 62.255 − 0.232 62.741 62.565 Bearish  USDDKK – US Dollar / Danish Krone 4.9656 + 0.0111 4.9539 4.9658 Neutral  USDHKD – US Dollar / Hong Kong Dollar 7.7501 + 0.0002 7.7500 7.7501 Bullish  USDNOK – US Dollar / Norwegian Krone 5.6658 + 0.0139 5.6342 5.6649 Bullish  USDSEK – US Dollar / Swedish Krona 6.9620 − 0.0073 6.9363 6.9614 Bullish  USDSGD – US Dollar / Singapore Dollar 1.3882 + 0.0038 1.3841 1.3864 Bullish

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.