The Trend Trader For Forex Trading on Thursday, March 18, 2010 Wednesday, March 17, 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 Thursday, March 18, 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 0.9235 + 0.55 0.9175 0.9133 Bullish  EURUSD - Euro / US Dollar 1.3737 − 0.20 1.3731 1.3700 Bullish  GBPUSD - British Pound / US Dollar 1.5325 + 0.55 1.5186 1.5096 Bullish  USDCAD - US Dollar / Canadian Dollar 1.0102 − 0.36 1.0153 1.0222 Bearish  USDCHF - US Dollar / Swiss Franc 1.0540 − 0.07 1.0572 1.0652 Bearish  USDJPY - US Dollar / Japanese Yen 90.293 − 0.01 90.415 90.420 Bearish    ALL OTHERS  AUDCAD - Aust Dollar / Canadian Dollar 0.9330 + 0.19 0.9316 0.9349 Neutral  AUDCHF - Aust Dollar / Swiss Franc 0.9734 + 0.49 0.9699 0.9742 Neutral  AUDJPY - Aust Dollar / Japanese Yen 83.388 + 0.55 82.944 82.565 Bullish  AUDNZD - Aust Dollar / New Zealand $ 1.2926 − 0.06 1.2964 1.3020 Bearish  CADCHF - Canadian Dollar / Swiss Franc 1.0431 + 0.29 1.0410 1.0413 Bullish  CADJPY - Canadian Dollar / Japanese Yen 89.349 + 0.35 88.987 88.448 Bullish  CHFJPY - Swiss Franc / Japanese Yen 85.660 + 0.07 85.499 84.824 Bullish  EURAUD - Euro / Australian Dollar 1.4868 − 0.77 1.4961 1.4965 Bearish  EURCAD - Euro / Canadian Dollar 1.3876 − 0.57 1.3940 1.4012 Bearish  EURCHF - Euro / Swiss Franc 1.4479 − 0.28 1.4516 1.4586 Bearish  EURDKK - Euro / Danish Krone 7.4404     0.00 7.4408 7.4411 Bearish  EURGBP - Euro / British Pound 0.8961 − 0.74 0.9045 0.9060 Bearish  EURJPY - Euro / Japanese Yen 124.045 − 0.21 124.153 123.771 Neutral  EURNOK - Euro / Norwegian Krone 7.9935 − 0.30 8.0135 8.0305 Bearish  EURNZD - Euro / New Zealand Dollar 1.9230 − 0.80 1.9400 1.9488 Bearish  EURSEK - Euro / Swedish Krona 9.7115 − 0.19 9.7265 9.7060 Neutral  GBPAUD - British Pound / Aust Dollar 1.6591     0.00 1.6543 1.6509 Bullish  GBPCAD - British Pound / Canadian $ 1.5481 + 0.18 1.5414 1.5459 Bullish  GBPCHF - British Pound / Swiss Franc 1.6154 + 0.48 1.6049 1.6115 Bullish  GBPJPY - British Pound / Japanese Yen 138.372 + 0.54 137.266 136.534 Bullish  GBPNZD - British Pound / New Zealand $ 2.1454 − 0.05 2.1459 2.1478 Bearish  NZDCAD - New Zealand $ / Canadian $ 0.7213 + 0.23 0.7183 0.7174 Bullish  NZDCHF - New Zealand $ / Swiss Franc 0.7526 + 0.53 0.7481 0.7478 Bullish  NZDJPY - New Zealand $ / Japanese Yen 64.453 + 0.57 63.956 63.424 Bullish  NZDUSD - New Zealand $ / US Dollar 0.7140 + 0.60 0.7075 0.7024 Bullish  SGDJPY - Singapore Dollar/Japanese Yen 64.830 + 0.17 64.803 64.743 Bullish  USDDKK - US Dollar / Danish Krone 5.4158 + 0.20 5.4187 5.4314 Bearish  USDHKD - US Dollar / Hong Kong Dollar 7.7614 + 0.01 7.7597 7.7586 Bullish  USDNOK - US Dollar / Norwegian Krone 5.8185 − 0.09 5.8367 5.8595 Bearish  USDSEK - US Dollar / Swedish Krona 7.0693 + 0.02 7.0822 7.0872 Bearish  USDSGD - US Dollar / Singapore Dollar 1.3924 − 0.18 1.3948 1.3960 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.