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.

The Trend Trader for Forex
dot_clear.gifFor Trading On Monday, October 19, 2009

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! 
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  The Big Six Close Change 3×1 7×5 Minor
Trend
Major
Trend
Trend 
Reading
 AUDUSD – Aust Dollar / US Dollar 0.9162 − 0.0042 0.9165 0.9138 ArwDwn.gif ArwUp.gif Neutral
 EURUSD – Euro / US Dollar 1.4904 − 0.0043 1.4909 1.4849 ArwDwn.gif ArwUp.gif Neutral
 GBPUSD – British Pound / US Dollar 1.6354 + 0.0085 1.6161 1.6153 ArwUp.gif ArwUp.gif Bullish
 USDCAD – US Dollar / Canadian Dollar 1.0373 + 0.0035 1.0311 1.0343 ArwUp.gif ArwUp.gif Bullish
 USDCHF – US Dollar / Swiss Franc 1.0181 + 0.0035 1.0166 1.0217 ArwUp.gif ArwDwn.gif Neutral
 USDJPY – US Dollar / Japanese Yen 90.888 + 0.337 90.163 90.343 ArwUp.gif ArwUp.gif Bullish
   All Others
 AUDCAD – Aust Dollar / Canadian Dollar 0.9505 − 0.0009 0.9451 0.9462 ArwUp.gif ArwUp.gif Bullish
 AUDCHF – Aust Dollar / Swiss Franc 0.9328 − 0.0010 0.9320 0.9325 ArwUp.gif ArwUp.gif Bullish
 AUDJPY – Aust Dollar / Japanese Yen 83.270 − 0.070 82.655 82.798 ArwUp.gif ArwUp.gif Bullish
 AUDNZD – Aust Dollar / New Zealand $ 1.2363 + 0.0008 1.2351 1.2349 ArwUp.gif ArwUp.gif Bullish
 CADCHF – Canadian Dollar / Swiss Franc 0.9809 − 0.0003 0.9858 0.9854 ArwDwn.gif ArwDwn.gif Bearish
 CADJPY – Canadian Dollar / Japanese Yen 87.566 − 0.006 87.452 87.209 ArwUp.gif ArwUp.gif Bullish
 CHFJPY – Swiss Franc / Japanese Yen 89.249 + 0.016 88.650 88.572 ArwUp.gif ArwUp.gif Bullish
 EURAUD – Euro / Australian Dollar 1.6257 + 0.0023 1.6264 1.6262 ArwDwn.gif ArwDwn.gif Bearish
 EURCAD – Euro / Canadian Dollar 1.5458 + 0.0010 1.5375 1.5396 ArwUp.gif ArwUp.gif Bullish
 EURCHF – Euro / Swiss Franc 1.5175 + 0.0010 1.5161 1.5168 ArwUp.gif ArwUp.gif Bullish
 EURDKK – Euro / Danish Krone 7.4443 + 0.0009 7.4437 7.4437 ArwUp.gif ArwUp.gif Bullish
 EURGBP – Euro / British Pound 0.9111 − 0.0074 0.9228 0.9205 ArwDwn.gif ArwDwn.gif Bearish
 EURJPY – Euro / Japanese Yen 135.470 + 0.115 134.448 134.450 ArwUp.gif ArwUp.gif Bullish
 EURNOK – Euro / Norwegian Krone 8.3591 + 0.0651 8.3109 8.3334 ArwUp.gif ArwUp.gif Bullish
 EURNZD – Euro / New Zealand Dollar 2.0113 + 0.0047 2.0099 2.0102 ArwUp.gif ArwUp.gif Bullish
 EURSEK – Euro / Swedish Krona 10.3621 + 0.0185 10.3431 10.3610 ArwUp.gif ArwUp.gif Bullish
 GBPAUD – British Pound / Aust Dollar 1.7840 + 0.0171 1.7626 1.7681 ArwUp.gif ArwUp.gif Bullish
 GBPCAD – British Pound / Canadian $ 1.6963 + 0.0147 1.6663 1.6738 ArwUp.gif ArwUp.gif Bullish
 GBPCHF – British Pound / Swiss Franc 1.6649 + 0.0144 1.6427 1.6484 ArwUp.gif ArwUp.gif Bullish
 GBPJPY – British Pound / Japanese Yen 148.635 + 1.318 145.696 146.366 ArwUp.gif ArwUp.gif Bullish
 GBPNZD – British Pound / New Zealand $ 2.2069 + 0.0228 2.1778 2.1835 ArwUp.gif ArwUp.gif Bullish
 NZDCAD – New Zealand $ / Canadian $ 0.7675 − 0.0013 0.7640 0.7652 ArwUp.gif ArwUp.gif Bullish
 NZDCHF – New Zealand $ / Swiss Franc 0.7534 − 0.0013 0.7535 0.7537 ArwDwn.gif ArwDwn.gif Bearish
 NZDJPY – New Zealand $ / Japanese Yen 67.285 − 0.113 66.868 66.919 ArwUp.gif ArwUp.gif Bullish
 NZDUSD – New Zealand $ / US Dollar 0.7401 − 0.0042 0.7417 0.7382 ArwDwn.gif ArwUp.gif Neutral
 SGDJPY – Singapore Dollar/Japanese Yen 65.255 + 0.120 64.780 64.862 ArwUp.gif ArwUp.gif Bullish
 USDDKK – US Dollar / Danish Krone 4.9941 + 0.0149 4.9924 5.0128 ArwUp.gif ArwDwn.gif Neutral
 USDHKD – US Dollar / Hong Kong Dollar 7.7500 + 0.0001 7.7499 7.7499 ArwUp.gif ArwUp.gif Bullish
 USDNOK – US Dollar / Norwegian Krone 5.6069 + 0.0590 5.5739 5.5949 ArwUp.gif ArwUp.gif Bullish
 USDSEK – US Dollar / Swedish Krona 6.9519 + 0.0320 6.9350 6.9610 ArwUp.gif ArwDwn.gif Neutral
 USDSGD – US Dollar / Singapore Dollar 1.3920 + 0.0024 1.3915 1.3931 ArwUp.gif ArwDwn.gif Neutral

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.