The Trend Trader For Forex Trading on Tuesday, November 24, 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 Tuesday, November 24, 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 0.9237 + 0.0093 0.9187 0.9203 Bullish  GBPUSD – British Pound / US Dollar 1.6604 + 0.0103 1.6599 1.6613 Neutral  USDCAD – US Dollar / Canadian Dollar 1.0555 − 0.0147 1.0635 1.0619 Bearish  USDCHF – US Dollar / Swiss Franc 1.0099 − 0.0079 1.0143 1.0149 Bearish  USDJPY – US Dollar / Japanese Yen 88.965 + 0.115 88.934 89.065 Neutral    ALL OTHERS  AUDCAD – Aust Dollar / Canadian Dollar 0.9750 − 0.0038 0.9769 0.9782 Bearish  AUDCHF – Aust Dollar / Swiss Franc 0.9328 + 0.0020 0.9316 0.9339 Neutral  AUDJPY – Aust Dollar / Japanese Yen 82.167 + 0.933 81.734 81.898 Bullish  AUDNZD – Aust Dollar / New Zealand $ 1.2605 − 0.0013 1.2587 1.2566 Bullish  CADCHF – Canadian Dollar / Swiss Franc 0.9566 + 0.0061 0.9534 0.9558 Bullish  CADJPY – Canadian Dollar / Japanese Yen 84.261 + 1.297 83.650 83.860 Bullish  CHFJPY – Swiss Franc / Japanese Yen 88.068 + 0.805 87.717 87.786 Bullish  EURAUD – Euro / Australian Dollar 1.6194 − 0.0049 1.6224 1.6182 Neutral  EURCAD – Euro / Canadian Dollar 1.5791 − 0.0112 1.5855 1.5814 Bearish  EURCHF – Euro / Swiss Franc 1.5110 − 0.0018 1.5121 1.5118 Bearish  EURDKK – Euro / Danish Krone 7.4413 + 0.0001 7.4411 7.4410 Bullish  EURGBP – Euro / British Pound 0.9009 + 0.0005 0.8982 0.8952 Bullish  EURJPY – Euro / Japanese Yen 133.104 + 1.062 132.649 132.710 Bullish  EURNOK – Euro / Norwegian Krone 8.3517 − 0.0503 8.3933 8.3877 Bearish  EURNZD – Euro / New Zealand Dollar 2.0417 − 0.0090 2.0411 2.0342 Bullish  EURSEK – Euro / Swedish Krona 10.2980 + 0.0026 10.2907 10.2790 Bullish  GBPAUD – British Pound / Aust Dollar 1.7971 − 0.0065 1.8051 1.8030 Bearish  GBPCAD – British Pound / Canadian $ 1.7525 − 0.0134 1.7645 1.7643 Bearish  GBPCHF – British Pound / Swiss Franc 1.6768 − 0.0029 1.6831 1.6892 Bearish  GBPJPY – British Pound / Japanese Yen 147.717 + 1.102 147.677 147.802 Neutral  GBPNZD – British Pound / New Zealand $ 2.2658 − 0.0114 2.2721 2.2691 Bearish  NZDCAD – New Zealand $ / Canadian $ 0.7731 − 0.0014 0.7759 0.7782 Bearish  NZDCHF – New Zealand $ / Swiss Franc 0.7397 + 0.0031 0.7403 0.7430 Bearish  NZDJPY – New Zealand $ / Japanese Yen 65.153 + 0.861 64.952 65.053 Bullish  NZDUSD – New Zealand $ / US Dollar 0.7324 + 0.0088 0.7302 0.7320 Bullish  SGDJPY – Singapore Dollar/Japanese Yen 64.185 + 0.238 64.095 64.159 Bullish  USDDKK – US Dollar / Danish Krone 4.9734 − 0.0333 4.9920 4.9962 Bearish  USDHKD – US Dollar / Hong Kong Dollar 7.7500 − 0.0001 7.7500 7.7500 Bearish  USDNOK – US Dollar / Norwegian Krone 5.5817 − 0.0716 5.6299 5.6321 Bearish  USDSEK – US Dollar / Swedish Krona 6.8825 − 0.0458 6.9042 6.9011 Bearish  USDSGD – US Dollar / Singapore Dollar 1.3853 − 0.0032 1.3874 1.3874 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.