The Trend Trader For Forex Trading on Tuesday, January 12, 2010 Monday, January 11, 2010 by Bob Hunt of The Pattern Trapper

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 Forex For Trading On Tuesday, January 12, 2010 Presented by the Pattern Trapper - 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 3x1 7x5 Minor Trend Major Trend Trend Reading  AUDUSD - Aust Dollar / US Dollar 0.9295 + 0.0051 0.9234 0.9149 Bullish  EURUSD - Euro / US Dollar 1.4512 + 0.0102 1.4404 1.4383 Bullish  GBPUSD - British Pound / US Dollar 1.6113 + 0.0093 1.6031 1.6052 Bullish  USDCAD - US Dollar / Canadian Dollar 1.0333 + 0.0038 1.0323 1.0368 Neutral  USDCHF - US Dollar / Swiss Franc 1.0163 − 0.0073 1.0258 1.0291 Bearish  USDJPY - US Dollar / Japanese Yen 92.077 − 0.568 92.673 92.551 Bearish    ALL OTHERS  AUDCAD - Aust Dollar / Canadian Dollar 0.9605 + 0.0086 0.9529 0.9476 Bullish  AUDCHF - Aust Dollar / Swiss Franc 0.9447 − 0.0016 0.9469 0.9421 Neutral  AUDJPY - Aust Dollar / Japanese Yen 85.586 − 0.057 85.462 84.899 Bullish  AUDNZD - Aust Dollar / New Zealand $ 1.2528 − 0.0011 1.2526 1.2495 Bullish  CADCHF - Canadian Dollar / Swiss Franc 0.9831 − 0.0106 0.9940 0.9946 Bearish  CADJPY - Canadian Dollar / Japanese Yen 89.070 − 0.885 89.699 89.493 Bearish  CHFJPY - Swiss Franc / Japanese Yen 90.573 + 0.096 90.260 89.839 Bullish  EURAUD - Euro / Australian Dollar 1.5607 + 0.0028 1.5602 1.5699 Neutral  EURCAD - Euro / Canadian Dollar 1.4991 + 0.0157 1.4860 1.4870 Bullish  EURCHF - Euro / Swiss Franc 1.4751 − 0.0001 1.4777 1.4794 Bearish  EURDKK - Euro / Danish Krone 7.4406 + 0.0001 7.4407 7.4408 Bearish  EURGBP - Euro / British Pound 0.9005 + 0.0013 0.8989 0.8958 Bullish  EURJPY - Euro / Japanese Yen 133.622 + 0.122 133.450 132.957 Bullish  EURNOK - Euro / Norwegian Krone 8.1352 − 0.0232 8.1601 8.2034 Bearish  EURNZD - Euro / New Zealand Dollar 1.9558 + 0.0012 1.9543 1.9609 Neutral  EURSEK - Euro / Swedish Krona 10.2003 + 0.0076 10.2022 10.1956 Neutral  GBPAUD - British Pound / Aust Dollar 1.7330 + 0.0007 1.7358 1.7544 Bearish  GBPCAD - British Pound / Canadian $ 1.6651 + 0.0155 1.6540 1.6613 Bullish  GBPCHF - British Pound / Swiss Franc 1.6377 − 0.0023 1.6434 1.6516 Bearish  GBPJPY - British Pound / Japanese Yen 148.357 − 0.066 148.489 148.373 Bearish  GBPNZD - British Pound / New Zealand $ 2.1718 − 0.0013 2.1744 2.1897 Bearish  NZDCAD - New Zealand $ / Canadian $ 0.7663 + 0.0085 0.7602 0.7587 Bullish  NZDCHF - New Zealand $ / Swiss Franc 0.7538 + 0.0002 0.7556 0.7537 Neutral  NZDJPY - New Zealand $ / Japanese Yen 68.281 + 0.074 68.192 67.869 Bullish  NZDUSD - New Zealand $ / US Dollar 0.7416 + 0.0053 0.7368 0.7328 Bullish  SGDJPY - Singapore Dollar/Japanese Yen 66.348 − 0.077 66.458 66.298 Neutral  USDDKK - US Dollar / Danish Krone 5.1259 − 0.0366 5.1624 5.1730 Bearish  USDHKD - US Dollar / Hong Kong Dollar 7.7549 − 0.0009 7.7552 7.7558 Bearish  USDNOK - US Dollar / Norwegian Krone 5.6065 − 0.0536 5.6664 5.7049 Bearish  USDSEK - US Dollar / Swedish Krona 7.0276 − 0.0442 7.0791 7.0881 Bearish  USDSGD - US Dollar / Singapore Dollar 1.3874 − 0.0071 1.3931 1.3976 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 © 2010 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 Futures Trading on Monday, March 22, 2010 - Friday, March 19, 2010
• The Trend Trader For ETF Trading on Monday, March 22, 2010 - Friday, March 19, 2010
• The Trend Trader For Stock Trading on Monday, March 22, 2010 - Friday, March 19, 2010
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• The Trend Trader For Futures Trading on Friday, March 19, 2010 - Thursday, March 18, 2010

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.