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
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THE BIG SIX | Close | Change | 3×1 | 7×5 | Minor Trend |
Major Trend |
Trend Reading |
AUDUSD – Aust Dollar / US Dollar | 0.9236 | − 0.0054 | 0.9220 | 0.9138 | Bullish | ||
EURUSD – Euro / US Dollar | 1.4944 | − 0.0018 | 1.4922 | 1.4849 | Bullish | ||
GBPUSD – British Pound / US Dollar | 1.6382 | − 0.0037 | 1.6365 | 1.6153 | Bullish | ||
USDCAD – US Dollar / Canadian Dollar | 1.0492 | + 0.0210 | 1.0373 | 1.0343 | Bullish | ||
USDCHF – US Dollar / Swiss Franc | 1.0115 | + 0.0002 | 1.0150 | 1.0217 | Bearish | ||
USDJPY – US Dollar / Japanese Yen | 90.761 | + 0.224 | 90.740 | 90.343 | Bullish | ||
ALL OTHERS | |||||||
AUDCAD – Aust Dollar / Canadian Dollar | 0.9692 | + 0.0138 | 0.9563 | 0.9462 | Bullish | ||
AUDCHF – Aust Dollar / Swiss Franc | 0.9343 | − 0.0052 | 0.9357 | 0.9325 | Neutral | ||
AUDJPY – Aust Dollar / Japanese Yen | 83.834 | − 0.274 | 83.684 | 82.798 | Bullish | ||
AUDNZD – Aust Dollar / New Zealand $ | 1.2318 | + 0.0046 | 1.2328 | 1.2349 | Bearish | ||
CADCHF – Canadian Dollar / Swiss Franc | 0.9636 | − 0.0195 | 0.9783 | 0.9854 | Bearish | ||
CADJPY – Canadian Dollar / Japanese Yen | 86.476 | − 1.540 | 87.473 | 87.209 | Bearish | ||
CHFJPY – Swiss Franc / Japanese Yen | 89.709 | + 0.204 | 89.382 | 88.572 | Bullish | ||
EURAUD – Euro / Australian Dollar | 1.6174 | + 0.0074 | 1.6180 | 1.6262 | Bearish | ||
EURCAD – Euro / Canadian Dollar | 1.5679 | + 0.0294 | 1.5477 | 1.5396 | Bullish | ||
EURCHF – Euro / Swiss Franc | 1.5118 | − 0.0016 | 1.5149 | 1.5168 | Bearish | ||
EURDKK – Euro / Danish Krone | 7.4437 | + 0.0002 | 7.4438 | 7.4437 | Bearish | ||
EURGBP – Euro / British Pound | 0.9122 | + 0.0010 | 0.9126 | 0.9205 | Bearish | ||
EURJPY – Euro / Japanese Yen | 135.652 | + 0.172 | 135.442 | 134.450 | Bullish | ||
EURNOK – Euro / Norwegian Krone | 8.3504 | + 0.0388 | 8.3430 | 8.3334 | Bullish | ||
EURNZD – Euro / New Zealand Dollar | 1.9931 | + 0.0166 | 1.9959 | 2.0102 | Bearish | ||
EURSEK – Euro / Swedish Krona | 10.3750 | + 0.0232 | 10.3768 | 10.3610 | Neutral | ||
GBPAUD – British Pound / Aust Dollar | 1.7728 | + 0.0060 | 1.7743 | 1.7681 | Neutral | ||
GBPCAD – British Pound / Canadian $ | 1.7184 | + 0.0301 | 1.6971 | 1.6738 | Bullish | ||
GBPCHF – British Pound / Swiss Franc | 1.6568 | − 0.0037 | 1.6597 | 1.6484 | Neutral | ||
GBPJPY – British Pound / Japanese Yen | 148.698 | + 0.038 | 148.391 | 146.366 | Bullish | ||
GBPNZD – British Pound / New Zealand $ | 2.1845 | + 0.0156 | 2.1877 | 2.1835 | Neutral | ||
NZDCAD – New Zealand $ / Canadian $ | 0.7856 | + 0.0083 | 0.7748 | 0.7652 | Bullish | ||
NZDCHF – New Zealand $ / Swiss Franc | 0.7575 | − 0.0071 | 0.7583 | 0.7537 | Neutral | ||
NZDJPY – New Zealand $ / Japanese Yen | 67.998 | − 0.480 | 67.859 | 66.919 | Bullish | ||
NZDUSD – New Zealand $ / US Dollar | 0.7493 | − 0.0072 | 0.7473 | 0.7382 | Bullish | ||
SGDJPY – Singapore Dollar/Japanese Yen | 65.035 | − 0.100 | 65.161 | 64.862 | Neutral | ||
USDDKK – US Dollar / Danish Krone | 4.9802 | + 0.0066 | 4.9880 | 5.0128 | Bearish | ||
USDHKD – US Dollar / Hong Kong Dollar | 7.7498 | − 0.0001 | 7.7499 | 7.7499 | Bearish | ||
USDNOK – US Dollar / Norwegian Krone | 5.5861 | + 0.0330 | 5.5899 | 5.5949 | Bearish | ||
USDSEK – US Dollar / Swedish Krona | 6.9424 | + 0.0248 | 6.9487 | 6.9610 | Bearish | ||
USDSGD – US Dollar / Singapore Dollar | 1.3952 | + 0.0060 | 1.3926 | 1.3931 | 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.