The Trend Trader For Forex Trading on Monday, March 22, 2010 Friday, March 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, March 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 0.9153 − 0.57 0.9199 0.9166 Bearish  EURUSD - Euro / US Dollar 1.3529 − 0.58 1.3652 1.3616 Bearish  GBPUSD - British Pound / US Dollar 1.5011 − 1.53 1.5217 1.5123 Bearish  USDCAD - US Dollar / Canadian Dollar 1.0171 + 0.32 1.0123 1.0154 Bullish  USDCHF - US Dollar / Swiss Franc 1.0614 + 0.33 1.0573 1.0589 Bullish  USDJPY - US Dollar / Japanese Yen 90.540 + 0.18 90.393 90.376 Bullish    ALL OTHERS  AUDCAD - Aust Dollar / Canadian Dollar 0.9311 − 0.25 0.9321 0.9314 Bearish  AUDCHF - Aust Dollar / Swiss Franc 0.9715 − 0.24 0.9729 0.9712 Neutral  AUDJPY - Aust Dollar / Japanese Yen 82.865 − 0.39 83.118 82.926 Bearish  AUDNZD - Aust Dollar / New Zealand $ 1.2922 + 0.33 1.2904 1.2942 Neutral  CADCHF - Canadian Dollar / Swiss Franc 1.0432 + 0.01 1.0435 1.0442 Bearish  CADJPY - Canadian Dollar / Japanese Yen 88.994 − 0.13 89.220 89.134 Bearish  CHFJPY - Swiss Franc / Japanese Yen 85.296 − 0.13 85.485 85.397 Bearish  EURAUD - Euro / Australian Dollar 1.4776 − 0.02 1.4830 1.4849 Bearish  EURCAD - Euro / Canadian Dollar 1.3759 − 0.27 1.3825 1.3801 Bearish  EURCHF - Euro / Swiss Franc 1.4361 − 0.25 1.4423 1.4419 Bearish  EURDKK - Euro / Danish Krone 7.4406     0.00 7.4407 7.4408 Bearish  EURGBP - Euro / British Pound 0.9011 + 0.97 0.8971 0.9018 Neutral  EURJPY - Euro / Japanese Yen 122.497 − 0.39 123.440 123.294 Bearish  EURNOK - Euro / Norwegian Krone 7.9999 + 0.18 7.9931 7.9967 Bullish  EURNZD - Euro / New Zealand Dollar 1.9097 + 0.30 1.9148 1.9238 Bearish  EURSEK - Euro / Swedish Krona 9.7041 + 0.07 9.7116 9.7139 Bearish  GBPAUD - British Pound / Aust Dollar 1.6396 − 0.97 1.6536 1.6478 Bearish  GBPCAD - British Pound / Canadian $ 1.5268 − 1.22 1.5419 1.5345 Bearish  GBPCHF - British Pound / Swiss Franc 1.5933 − 1.21 1.6086 1.6018 Bearish  GBPJPY - British Pound / Japanese Yen 135.920 − 1.34 137.525 136.805 Bearish  GBPNZD - British Pound / New Zealand $ 2.1192 − 0.65 2.1348 2.1326 Bearish  NZDCAD - New Zealand $ / Canadian $ 0.7201 − 0.58 0.7220 0.7203 Bearish  NZDCHF - New Zealand $ / Swiss Franc 0.7514 − 0.58 0.7536 0.7509 Neutral  NZDJPY - New Zealand $ / Japanese Yen 64.107 − 0.71 64.397 64.059 Neutral  NZDUSD - New Zealand $ / US Dollar 0.7080 − 0.89 0.7127 0.7081 Bearish  SGDJPY - Singapore Dollar/Japanese Yen 64.719 − 0.06 64.781 64.745 Bearish  USDDKK - US Dollar / Danish Krone 5.4991 + 0.58 5.4498 5.4645 Bullish  USDHKD - US Dollar / Hong Kong Dollar 7.7593 − 0.02 7.7605 7.7593 Neutral  USDNOK - US Dollar / Norwegian Krone 5.9127 + 0.76 5.8541 5.8732 Bullish  USDSEK - US Dollar / Swedish Krona 7.1723 + 0.65 7.1129 7.1363 Bullish  USDSGD - US Dollar / Singapore Dollar 1.3984 + 0.23 1.3948 1.3961 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.