The Trend Trader For Forex Trading on Monday, February 22, 2010 Friday, February 19, 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 Monday, February 22, 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 0.8986 + 0.52 0.8971 0.8956 Bullish  EURUSD - Euro / US Dollar 1.3611 + 0.63 1.3593 1.3614 Neutral  GBPUSD - British Pound / US Dollar 1.5471 − 0.35 1.5579 1.5546 Bearish  USDCAD - US Dollar / Canadian Dollar 1.0390 − 0.75 1.0446 1.0436 Bearish  USDCHF - US Dollar / Swiss Franc 1.0756 − 0.75 1.0785 1.0766 Bearish  USDJPY - US Dollar / Japanese Yen 91.506 − 0.32 91.340 91.116 Bullish    ALL OTHERS  AUDCAD - Aust Dollar / Canadian Dollar 0.9337 − 0.23 0.9376 0.9356 Bearish  AUDCHF - Aust Dollar / Swiss Franc 0.9665 − 0.22 0.9678 0.9643 Neutral  AUDJPY - Aust Dollar / Japanese Yen 82.224 + 0.21 81.919 81.486 Bullish  AUDNZD - Aust Dollar / New Zealand $ 1.2843 + 0.35 1.2797 1.2800 Bullish  CADCHF - Canadian Dollar / Swiss Franc 1.0349 + 0.03 1.0320 1.0312 Bullish  CADJPY - Canadian Dollar / Japanese Yen 88.044 + 0.45 87.359 87.293 Bullish  CHFJPY - Swiss Franc / Japanese Yen 85.071 + 0.46 84.621 84.552 Bullish  EURAUD - Euro / Australian Dollar 1.5144 + 0.14 1.5142 1.5189 Neutral  EURCAD - Euro / Canadian Dollar 1.4141 − 0.13 1.4200 1.4208 Bearish  EURCHF - Euro / Swiss Franc 1.4642 − 0.11 1.4663 1.4657 Bearish  EURDKK - Euro / Danish Krone 7.4423 − 0.01 7.4428 7.4430 Bearish  EURGBP - Euro / British Pound 0.8797 + 0.99 0.8720 0.8754 Bullish  EURJPY - Euro / Japanese Yen 124.558 + 0.27 124.071 123.875 Bullish  EURNOK - Euro / Norwegian Krone 8.0813 + 0.29 8.0503 8.0657 Bullish  EURNZD - Euro / New Zealand Dollar 1.9454 + 0.45 1.9385 1.9427 Bullish  EURSEK - Euro / Swedish Krona 9.8172 + 0.29 9.8179 9.8317 Bearish  GBPAUD - British Pound / Aust Dollar 1.7213 − 0.85 1.7368 1.7360 Bearish  GBPCAD - British Pound / Canadian $ 1.6073 − 1.11 1.6287 1.6213 Bearish  GBPCHF - British Pound / Swiss Franc 1.6640 − 1.10 1.6808 1.6733 Bearish  GBPJPY - British Pound / Japanese Yen 141.573 − 0.67 142.255 141.953 Bearish  GBPNZD - British Pound / New Zealand $ 2.2113 − 0.52 2.2223 2.2230 Bearish  NZDCAD - New Zealand $ / Canadian $ 0.7264 − 0.61 0.7319 0.7297 Bearish  NZDCHF - New Zealand $ / Swiss Franc 0.7520 − 0.59 0.7557 0.7537 Bearish  NZDJPY - New Zealand $ / Japanese Yen 63.984 − 0.15 63.970 63.674 Bullish  NZDUSD - New Zealand $ / US Dollar 0.6992 + 0.16 0.7006 0.7000 Bearish  SGDJPY - Singapore Dollar/Japanese Yen 64.795 − 0.42 64.792 64.542 Bullish  USDDKK - US Dollar / Danish Krone 5.4671 − 0.63 5.4748 5.4659 Neutral  USDHKD - US Dollar / Hong Kong Dollar 7.7653     0.00 7.7668 7.7678 Bearish  USDNOK - US Dollar / Norwegian Krone 5.9377 − 0.30 5.9214 5.9279 Bullish  USDSEK - US Dollar / Swedish Krona 7.2138 − 0.31 7.2207 7.2243 Bearish  USDSGD - US Dollar / Singapore Dollar 1.4116 + 0.09 1.4091 1.4098 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 © 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, February 13, 2012 - Friday, February 10, 2012
• The Trend Trader For Futures Trading on Friday, February 10, 2012 - Thursday, February 09, 2012
• The Trend Trader For Futures Trading on Thursday, February 9, 2012 - Wednesday, February 08, 2012
• The Trend Trader For Futures Trading on Wednesday, February 8, 2012 - Tuesday, February 07, 2012
• The Trend Trader For Futures Trading on Tuesday, February 7, 2012 - Monday, February 06, 2012

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.