The Trend Trader For Forex Trading on Wednesday, March 10, 2010 Tuesday, March 09, 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 Wednesday, March 10, 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 0.9139 + 0.53 0.9088 0.9034 Bullish  EURUSD - Euro / US Dollar 1.3600 − 0.24 1.3610 1.3599 Neutral  GBPUSD - British Pound / US Dollar 1.4995 − 0.46 1.5065 1.5040 Bearish  USDCAD - US Dollar / Canadian Dollar 1.0259 − 0.12 1.0279 1.0375 Bearish  USDCHF - US Dollar / Swiss Franc 1.0749 + 0.17 1.0746 1.0758 Neutral  USDJPY - US Dollar / Japanese Yen 89.956 − 0.38 90.098 89.666 Neutral    ALL OTHERS  AUDCAD - Aust Dollar / Canadian Dollar 0.9377 + 0.41 0.9343 0.9355 Bullish  AUDCHF - Aust Dollar / Swiss Franc 0.9823 + 0.68 0.9765 0.9717 Bullish  AUDJPY - Aust Dollar / Japanese Yen 82.207 + 0.14 81.831 81.135 Bullish  AUDNZD - Aust Dollar / New Zealand $ 1.2998 + 0.23 1.3014 1.2980 Neutral  CADCHF - Canadian Dollar / Swiss Franc 1.0474 + 0.28 1.0451 1.0373 Bullish  CADJPY - Canadian Dollar / Japanese Yen 87.647 − 0.27 87.605 86.706 Bullish  CHFJPY - Swiss Franc / Japanese Yen 83.666 − 0.55 83.841 83.396 Neutral  EURAUD - Euro / Australian Dollar 1.4879 − 0.75 1.4977 1.5051 Bearish  EURCAD - Euro / Canadian Dollar 1.3952 − 0.37 1.3991 1.4099 Bearish  EURCHF - Euro / Swiss Franc 1.4621 − 0.07 1.4628 1.4636 Bearish  EURDKK - Euro / Danish Krone 7.4409 − 0.01 7.4416 7.4420 Bearish  EURGBP - Euro / British Pound 0.9067 + 0.22 0.9039 0.9037 Bullish  EURJPY - Euro / Japanese Yen 122.345 − 0.62 122.652 122.004 Neutral  EURNOK - Euro / Norwegian Krone 8.0227 − 0.09 8.0328 8.0455 Bearish  EURNZD - Euro / New Zealand Dollar 1.9347 − 0.52 1.9501 1.9566 Bearish  EURSEK - Euro / Swedish Krona 9.7114 + 0.21 9.6975 9.7286 Neutral  GBPAUD - British Pound / Aust Dollar 1.6405 − 0.98 1.6564 1.6698 Bearish  GBPCAD - British Pound / Canadian $ 1.5384 − 0.58 1.5482 1.5652 Bearish  GBPCHF - British Pound / Swiss Franc 1.6118 − 0.30 1.6181 1.6187 Bearish  GBPJPY - British Pound / Japanese Yen 134.884 − 0.84 135.702 135.229 Bearish  GBPNZD - British Pound / New Zealand $ 2.1330 − 0.75 2.1562 2.1649 Bearish  NZDCAD - New Zealand $ / Canadian $ 0.7209 + 0.17 0.7175 0.7204 Bullish  NZDCHF - New Zealand $ / Swiss Franc 0.7554 + 0.46 0.7497 0.7474 Bullish  NZDJPY - New Zealand $ / Japanese Yen 63.216 − 0.09 62.858 62.190 Bullish  NZDUSD - New Zealand $ / US Dollar 0.7027 + 0.29 0.6980 0.6945 Bullish  SGDJPY - Singapore Dollar/Japanese Yen 64.255 − 0.40 64.345 64.014 Neutral  USDDKK - US Dollar / Danish Krone 5.4704 + 0.23 5.4671 5.4721 Neutral  USDHKD - US Dollar / Hong Kong Dollar 7.7588 + 0.01 7.7605 7.7630 Bearish  USDNOK - US Dollar / Norwegian Krone 5.8987 + 0.15 5.9012 5.9165 Bearish  USDSEK - US Dollar / Swedish Krona 7.1402 + 0.45 7.1232 7.1499 Neutral  USDSGD - US Dollar / Singapore Dollar 1.3995 + 0.03 1.3998 1.4013 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, 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.