The Trend Trader For Futures Trading on Monday, November 23, 2009 Friday, November 20, 2009 by Bob Hunt of The Pattern Trapper

The Trend Trader helps to identify the current trend status of your favorite futures 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 Futures For Trading On Monday, November 23, 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!  INDICES Close Change 3x1 7x5 Minor Trend Major Trend Trend Reading  S&P 500 - Dec ESZ9 1090.00 − 4.25 1096.47 1095.83 Bearish  Dow Jones - Dec YMZ9 10303 − 24 10327 10315 Bearish  Nasdaq - Dec NQZ9 1763.50 − 6.75 1778.39 1778.17 Bearish  Russell - Dec TFZ9 584.00 − 1.40 589.50 589.37 Bearish INTEREST RATES  US T-Bond - Dec ZBZ9 120-28 + 0-02 120-26 120-22 Bullish  US T-Note - Dec TYZ9 119-19 − 0-03 119-20 119-17 Neutral CURRENCIES  US Dollar Index - Dec DXZ9 75.730 + 0.360 75.490 75.660 Bullish  Australian Dollar - Dec ADZ9 0.9128 − 0.0038 0.9195 0.9184 Bearish  British Pound - Dec BPZ9 1.6500 − 0.0163 1.6660 1.6611 Bearish  Canadian Dollar - Dec CDZ9 0.9338 − 0.0070 0.9425 0.9415 Bearish  EuroFX - Dec ECZ9 1.4861 − 0.0060 1.4904 1.4892 Bearish  Japanese Yen - Dec JYZ9 1.1259 + 0.0021 1.1229 1.1230 Bullish  Swiss Franc - Dec SFZ9 0.9829 − 0.0044 0.9860 0.9855 Bearish LIVESTOCK  Feeder Cattle - Jan FCF0 92.675 + 0.850 92.144 92.408 Bullish  Live Cattle - Dec LCZ9 83.950 + 0.275 83.581 83.683 Bullish  Lean Hogs - Dec LHZ9 57.600 + 1.625 56.592 56.683 Bullish  Pork Bellies - Feb PBG0 87.125 + 0.050 87.789 87.442 Bearish GRAINS  Corn - Dec CZ9 391^0 − 4^0 396^0 396^2 Bearish  Wheat - Dec WZ9 559^6 − 2^6 563^0 563^4 Bearish  Soybeans - Jan SF0 1046^0 + 7^0 1037^6 1030^0 Bullish  Soybean Meal - Dec SMZ9 317.1 − 1.3 314.6 312.9 Bullish  Soybean Oil - Dec BOZ9 39.71 + 0.26 39.66 39.71 Bullish ENERGY  Crude Oil - Jan CLF0 77.69 − 0.36 78.81 78.44 Bearish  Heating Oil - Dec HOZ9 1.9819 − 0.0145 2.0176 2.0106 Bearish  Natural Gas - Dec NGZ9 4.445 + 0.103 4.338 4.445 Neutral METALS  Gold - Dec GCZ9 1151.2 + 4.4 1143.3 1141.4 Bullish  Silver - Dec SIZ9 18.505 + 0.065 18.444 18.278 Bullish  Copper - Dec HGZ9 3.1235 + 0.0155 3.1058 3.0893 Bullish FOODS & FIBER  Orange Juice - Jan OJF0 112.65 − 1.30 113.21 113.18 Bearish  Sugar - Mar SBH0 22.47 − 0.27 22.93 22.79 Bearish  Cocoa - Mar CCH0 3299 + 102 3236 3243 Bullish  Coffee - May KCK0 137.45 − 1.30 139.98 139.48 Bearish  Cotton - Mar CTH0 74.04 + 1.07 73.01 73.10 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.

Recent articles from this author

• The Trend Trader For Forex Trading on Monday, November 23, 2009 - Friday, November 20, 2009
• The Trend Trader For Futures Trading on Monday, November 23, 2009 - Friday, November 20, 2009
• The Trend Trader For Stock Trading on Monday, November 23, 2009 - Friday, November 20, 2009
• The Trend Trader For ETF Trading on Friday, November 13, 2009 - Thursday, November 12, 2009
• The Trend Trader for Tuesday, Oct. 20 - Monday, October 19, 2009

About the author

Bob Hunt is the creator of the Pattern Trapper On-Line Trading Course and the Pattern Trapper ADVANCED Short term Trading Strategies index mentoring program as well as the editor of the daily Pattern Trapper Futures Trading Newsletter. Bob has been an active independent trader since 1982. He began offering market analysis and trading advice to the public in 1999 with the inception of The Pattern Trapper.

Bob specializes in helping traders make sense out of market action by offering a perspective that makes them much more easily understood. The path to learning successful trading techniques starts with an understanding of price behavior. To begin to understand price behavior you must first learn how to create structure out of inherently un-structured market environments. The whole focus of the Pattern Trapper approach is to show traders how to create that structure - to teach them how to create "templates" for interpreting market behavior and spotting opportunity.

Bob is registered with the National Futures Association as a Commodity Trading Advisor.