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, November 9, 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 0.9186 + 0.0086 0.9104 0.9096 ArwUp.gif ArwUp.gif Bullish
 EURUSD – Euro / US Dollar 1.4845 − 0.0028 1.4849 1.4796 ArwDwn.gif ArwUp.gif Neutral
 GBPUSD – British Pound / US Dollar 1.6611 + 0.0031 1.6555 1.6502 ArwUp.gif ArwUp.gif Bullish
 USDCAD – US Dollar / Canadian Dollar 1.0750 + 0.0102 1.0664 1.0738 ArwUp.gif ArwUp.gif Bullish
 USDCHF – US Dollar / Swiss Franc 1.0172 + 0.0012 1.0172 1.0212 ArwUp.gif ArwDwn.gif Neutral
 USDJPY – US Dollar / Japanese Yen 89.879 − 0.844 90.447 90.126 ArwDwn.gif ArwDwn.gif Bearish
   ALL OTHERS
 AUDCAD – Aust Dollar / Canadian Dollar 0.9877 + 0.0185 0.9713 0.9778 ArwUp.gif ArwUp.gif Bullish
 AUDCHF – Aust Dollar / Swiss Franc 0.9345 + 0.0100 0.9267 0.9279 ArwUp.gif ArwUp.gif Bullish
 AUDJPY – Aust Dollar / Japanese Yen 82.552 − 0.001 82.336 81.712 ArwUp.gif ArwUp.gif Bullish
 AUDNZD – Aust Dollar / New Zealand $ 1.2661 + 0.0049 1.2594 1.2596 ArwUp.gif ArwUp.gif Bullish
 CADCHF – Canadian Dollar / Swiss Franc 0.9457 − 0.0080 0.9541 0.9516 ArwDwn.gif ArwDwn.gif Bearish
 CADJPY – Canadian Dollar / Japanese Yen 83.556 − 1.609 84.766 83.859 ArwDwn.gif ArwDwn.gif Bearish
 CHFJPY – Swiss Franc / Japanese Yen 88.324 − 0.963 88.870 88.327 ArwDwn.gif ArwDwn.gif Bearish
 EURAUD – Euro / Australian Dollar 1.6155 − 0.0185 1.6294 1.6267 ArwDwn.gif ArwDwn.gif Bearish
 EURCAD – Euro / Canadian Dollar 1.5960 + 0.0121 1.5831 1.5865 ArwUp.gif ArwUp.gif Bullish
 EURCHF – Euro / Swiss Franc 1.5102 − 0.0009 1.5107 1.5104 ArwDwn.gif ArwDwn.gif Bearish
 EURDKK – Euro / Danish Krone 7.4418 + 0.0001 7.4417 7.4418 ArwUp.gif ArwUp.gif Bullish
 EURGBP – Euro / British Pound 0.8935 − 0.0033 0.8959 0.8972 ArwDwn.gif ArwDwn.gif Bearish
 EURJPY – Euro / Japanese Yen 133.421 − 1.518 134.257 133.377 ArwDwn.gif ArwUp.gif Neutral
 EURNOK – Euro / Norwegian Krone 8.4450 + 0.0044 8.4491 8.4691 ArwDwn.gif ArwDwn.gif Bearish
 EURNZD – Euro / New Zealand Dollar 2.0463 − 0.0149 2.0532 2.0512 ArwDwn.gif ArwDwn.gif Bearish
 EURSEK – Euro / Swedish Krona 10.3722 − 0.0194 10.4242 10.4148 ArwDwn.gif ArwDwn.gif Bearish
 GBPAUD – British Pound / Aust Dollar 1.8081 − 0.0135 1.8178 1.8148 ArwDwn.gif ArwDwn.gif Bearish
 GBPCAD – British Pound / Canadian $ 1.7859 + 0.0202 1.7667 1.7745 ArwUp.gif ArwUp.gif Bullish
 GBPCHF – British Pound / Swiss Franc 1.6898 + 0.0052 1.6856 1.6833 ArwUp.gif ArwUp.gif Bullish
 GBPJPY – British Pound / Japanese Yen 149.292 − 1.140 149.696 148.770 ArwDwn.gif ArwUp.gif Neutral
 GBPNZD – British Pound / New Zealand $ 2.2897 − 0.0081 2.2898 2.2857 ArwDwn.gif ArwUp.gif Neutral
 NZDCAD – New Zealand $ / Canadian $ 0.7788 + 0.0107 0.7706 0.7742 ArwUp.gif ArwUp.gif Bullish
 NZDCHF – New Zealand $ / Swiss Franc 0.7369 + 0.0041 0.7351 0.7355 ArwUp.gif ArwUp.gif Bullish
 NZDJPY – New Zealand $ / Japanese Yen 65.119 − 0.304 65.363 64.908 ArwDwn.gif ArwUp.gif Neutral
 NZDUSD – New Zealand $ / US Dollar 0.7243 + 0.0031 0.7227 0.7211 ArwUp.gif ArwUp.gif Bullish
 SGDJPY – Singapore Dollar/Japanese Yen 64.516 − 0.485 64.797 64.482 ArwDwn.gif ArwUp.gif Neutral
 USDDKK – US Dollar / Danish Krone 5.0122 + 0.0093 5.0110 5.0293 ArwUp.gif ArwDwn.gif Neutral
 USDHKD – US Dollar / Hong Kong Dollar 7.7498 − 0.0002 7.7498 7.7498 ArwDwn.gif ArwDwn.gif Bearish
 USDNOK – US Dollar / Norwegian Krone 5.6872 + 0.0128 5.6909 5.7260 ArwDwn.gif ArwDwn.gif Bearish
 USDSEK – US Dollar / Swedish Krona 6.9866 − 0.0003 7.0228 7.0381 ArwDwn.gif ArwDwn.gif Bearish
 USDSGD – US Dollar / Singapore Dollar 1.3924 − 0.0028 1.3950 1.3957 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.