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 3, 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 0.9039 + 0.0051 0.9053 0.9069 ArwDwn.gif ArwDwn.gif Bearish
 EURUSD – Euro / US Dollar 1.4774 + 0.0051 1.4772 1.4823 ArwUp.gif ArwDwn.gif Neutral
 GBPUSD – British Pound / US Dollar 1.6406 − 0.0038 1.6459 1.6432 ArwDwn.gif ArwDwn.gif Bearish
 USDCAD – US Dollar / Canadian Dollar 1.0765 − 0.0074 1.0758 1.0729 ArwUp.gif ArwUp.gif Bullish
 USDCHF – US Dollar / Swiss Franc 1.0217 − 0.0044 1.0221 1.0199 ArwDwn.gif ArwUp.gif Neutral
 USDJPY – US Dollar / Japanese Yen 90.220 + 0.124 90.550 90.779 ArwDwn.gif ArwDwn.gif Bearish
   ALL OTHERS
 AUDCAD – Aust Dollar / Canadian Dollar 0.9730 − 0.0011 0.9743 0.9748 ArwDwn.gif ArwDwn.gif Bearish
 AUDCHF – Aust Dollar / Swiss Franc 0.9234 + 0.0013 0.9253 0.9269 ArwDwn.gif ArwDwn.gif Bearish
 AUDJPY – Aust Dollar / Japanese Yen 81.529 + 0.571 81.965 82.311 ArwDwn.gif ArwDwn.gif Bearish
 AUDNZD – Aust Dollar / New Zealand $ 1.2581 + 0.0075 1.2513 1.2414 ArwUp.gif ArwUp.gif Bullish
 CADCHF – Canadian Dollar / Swiss Franc 0.9486 + 0.0024 0.9501 0.9513 ArwDwn.gif ArwDwn.gif Bearish
 CADJPY – Canadian Dollar / Japanese Yen 83.765 + 0.685 84.147 84.564 ArwDwn.gif ArwDwn.gif Bearish
 CHFJPY – Swiss Franc / Japanese Yen 88.278 + 0.496 88.564 88.989 ArwDwn.gif ArwDwn.gif Bearish
 EURAUD – Euro / Australian Dollar 1.6341 − 0.0032 1.6317 1.6296 ArwUp.gif ArwUp.gif Bullish
 EURCAD – Euro / Canadian Dollar 1.5904 − 0.0053 1.5894 1.5892 ArwUp.gif ArwUp.gif Bullish
 EURCHF – Euro / Swiss Franc 1.5095 − 0.0012 1.5105 1.5116 ArwDwn.gif ArwDwn.gif Bearish
 EURDKK – Euro / Danish Krone 7.4420 − 0.0003 7.4426 7.4427 ArwDwn.gif ArwDwn.gif Bearish
 EURGBP – Euro / British Pound 0.9004 + 0.0053 0.8971 0.9034 ArwUp.gif ArwDwn.gif Neutral
 EURJPY – Euro / Japanese Yen 133.302 + 0.646 133.771 134.481 ArwDwn.gif ArwDwn.gif Bearish
 EURNOK – Euro / Norwegian Krone 8.4987 + 0.0755 8.4235 8.4033 ArwUp.gif ArwUp.gif Bullish
 EURNZD – Euro / New Zealand Dollar 2.0563 + 0.0072 2.0428 2.0295 ArwUp.gif ArwUp.gif Bullish
 EURSEK – Euro / Swedish Krona 10.4252 − 0.0144 10.3907 10.3428 ArwUp.gif ArwUp.gif Bullish
 GBPAUD – British Pound / Aust Dollar 1.8147 − 0.0141 1.8172 1.8054 ArwDwn.gif ArwUp.gif Neutral
 GBPCAD – British Pound / Canadian $ 1.7661 − 0.0162 1.7718 1.7601 ArwDwn.gif ArwUp.gif Neutral
 GBPCHF – British Pound / Swiss Franc 1.6760 − 0.0111 1.6832 1.6734 ArwDwn.gif ArwUp.gif Neutral
 GBPJPY – British Pound / Japanese Yen 148.025 − 0.120 148.970 149.168 ArwDwn.gif ArwDwn.gif Bearish
 GBPNZD – British Pound / New Zealand $ 2.2834 − 0.0053 2.2752 2.2458 ArwUp.gif ArwUp.gif Bullish
 NZDCAD – New Zealand $ / Canadian $ 0.7728 − 0.0048 0.7775 0.7843 ArwDwn.gif ArwDwn.gif Bearish
 NZDCHF – New Zealand $ / Swiss Franc 0.7333 − 0.0028 0.7387 0.7444 ArwDwn.gif ArwDwn.gif Bearish
 NZDJPY – New Zealand $ / Japanese Yen 64.758 + 0.105 65.429 66.175 ArwDwn.gif ArwDwn.gif Bearish
 NZDUSD – New Zealand $ / US Dollar 0.7178 + 0.0002 0.7227 0.7299 ArwDwn.gif ArwDwn.gif Bearish
 SGDJPY – Singapore Dollar/Japanese Yen 64.408 + 0.133 64.660 64.874 ArwDwn.gif ArwDwn.gif Bearish
 USDDKK – US Dollar / Danish Krone 5.0369 − 0.0175 5.0378 5.0213 ArwDwn.gif ArwUp.gif Neutral
 USDHKD – US Dollar / Hong Kong Dollar 7.7497 − 0.0001 7.7499 7.7499 ArwDwn.gif ArwDwn.gif Bearish
 USDNOK – US Dollar / Norwegian Krone 5.7528 + 0.0325 5.7032 5.6699 ArwUp.gif ArwUp.gif Bullish
 USDSEK – US Dollar / Swedish Krona 7.0562 − 0.0348 7.0342 6.9809 ArwUp.gif ArwUp.gif Bullish
 USDSGD – US Dollar / Singapore Dollar 1.3999 − 0.0011 1.3996 1.3993 ArwUp.gif ArwUp.gif 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.