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 Tuesday, November 17, 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 0.9367 + 0.0040 0.9310 0.9297 ArwUp.gif ArwUp.gif Bullish
 GBPUSD – British Pound / US Dollar 1.6815 + 0.0140 1.6670 1.6678 ArwUp.gif ArwUp.gif Bullish
 USDCAD – US Dollar / Canadian Dollar 1.0474 − 0.0044 1.0504 1.0560 ArwDwn.gif ArwDwn.gif Bearish
 USDCHF – US Dollar / Swiss Franc 1.0075 − 0.0052 1.0122 1.0118 ArwDwn.gif ArwDwn.gif Bearish
 USDJPY – US Dollar / Japanese Yen 89.045 − 0.604 89.735 89.846 ArwDwn.gif ArwDwn.gif Bearish
   ALL OTHERS
 AUDCAD – Aust Dollar / Canadian Dollar 0.9811 − 0.0000 0.9780 0.9810 ArwUp.gif ArwUp.gif Bullish
 AUDCHF – Aust Dollar / Swiss Franc 0.9438 − 0.0006 0.9419 0.9412 ArwUp.gif ArwUp.gif Bullish
 AUDJPY – Aust Dollar / Japanese Yen 83.413 − 0.199 83.526 83.451 ArwDwn.gif ArwDwn.gif Bearish
 AUDNZD – Aust Dollar / New Zealand $ 1.2509 − 0.0028 1.2563 1.2555 ArwDwn.gif ArwDwn.gif Bearish
 CADCHF – Canadian Dollar / Swiss Franc 0.9617 − 0.0005 0.9633 0.9587 ArwDwn.gif ArwUp.gif Neutral
 CADJPY – Canadian Dollar / Japanese Yen 85.001 − 0.189 85.420 85.025 ArwDwn.gif ArwDwn.gif Bearish
 CHFJPY – Swiss Franc / Japanese Yen 88.369 − 0.141 88.655 88.702 ArwDwn.gif ArwDwn.gif Bearish
 EURAUD – Euro / Australian Dollar 1.5975 + 0.0003 1.6023 1.6036 ArwDwn.gif ArwDwn.gif Bearish
 EURCAD – Euro / Canadian Dollar 1.5676 − 0.0001 1.5665 1.5750 ArwUp.gif ArwDwn.gif Neutral
 EURCHF – Euro / Swiss Franc 1.5083 − 0.0011 1.5098 1.5101 ArwDwn.gif ArwDwn.gif Bearish
 EURDKK – Euro / Danish Krone 7.4404 − 0.0001 7.4410 7.4417 ArwDwn.gif ArwDwn.gif Bearish
 EURGBP – Euro / British Pound 0.8900 − 0.0036 0.8947 0.8966 ArwDwn.gif ArwDwn.gif Bearish
 EURJPY – Euro / Japanese Yen 133.309 − 0.298 133.868 133.941 ArwDwn.gif ArwDwn.gif Bearish
 EURNOK – Euro / Norwegian Krone 8.3182 − 0.0427 8.3692 8.3902 ArwDwn.gif ArwDwn.gif Bearish
 EURNZD – Euro / New Zealand Dollar 1.9989 − 0.0044 2.0137 2.0132 ArwDwn.gif ArwDwn.gif Bearish
 EURSEK – Euro / Swedish Krona 10.1718 − 0.0218 10.2072 10.2484 ArwDwn.gif ArwDwn.gif Bearish
 GBPAUD – British Pound / Aust Dollar 1.7945 + 0.0075 1.7907 1.7903 ArwUp.gif ArwUp.gif Bullish
 GBPCAD – British Pound / Canadian $ 1.7610 + 0.0071 1.7513 1.7565 ArwUp.gif ArwUp.gif Bullish
 GBPCHF – British Pound / Swiss Franc 1.6943 + 0.0057 1.6873 1.6838 ArwUp.gif ArwUp.gif Bullish
 GBPJPY – British Pound / Japanese Yen 149.735 + 0.250 149.566 149.778 ArwUp.gif ArwDwn.gif Neutral
 GBPNZD – British Pound / New Zealand $ 2.2456 + 0.0040 2.2504 2.2525 ArwDwn.gif ArwDwn.gif Bearish
 NZDCAD – New Zealand $ / Canadian $ 0.7839 + 0.0026 0.7778 0.7800 ArwUp.gif ArwUp.gif Bullish
 NZDCHF – New Zealand $ / Swiss Franc 0.7542 + 0.0019 0.7491 0.7491 ArwUp.gif ArwUp.gif Bullish
 NZDJPY – New Zealand $ / Japanese Yen 66.648 + 0.049 66.428 66.430 ArwUp.gif ArwUp.gif Bullish
 NZDUSD – New Zealand $ / US Dollar 0.7485 + 0.0055 0.7407 0.7399 ArwUp.gif ArwUp.gif Bullish
 SGDJPY – Singapore Dollar/Japanese Yen 64.315 − 0.360 64.687 64.750 ArwDwn.gif ArwDwn.gif Bearish
 USDDKK – US Dollar / Danish Krone 4.9702 − 0.0216 4.9891 4.9853 ArwDwn.gif ArwDwn.gif Bearish
 USDHKD – US Dollar / Hong Kong Dollar 7.7499 − 0.0000 7.7498 7.7498 ArwUp.gif ArwUp.gif Bullish
 USDNOK – US Dollar / Norwegian Krone 5.5550 − 0.0544 5.6087 5.6175 ArwDwn.gif ArwDwn.gif Bearish
 USDSEK – US Dollar / Swedish Krona 6.7948 − 0.0451 6.8415 6.8691 ArwDwn.gif ArwDwn.gif Bearish
 USDSGD – US Dollar / Singapore Dollar 1.3841 − 0.0013 1.3866 1.3872 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.