The Trend Trader For Forex Trading on Friday, March 12, 2010

Thu, 11 Mar 2010 17:31:12 CST

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 Friday, March 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	0.9152	− 0.02	0.9138	0.9034			Bullish
EURUSD - Euro / US Dollar	1.3680	+ 0.18	1.3626	1.3599			Bullish
GBPUSD - British Pound / US Dollar	1.5060	+ 0.56	1.4992	1.5040			Bullish
USDCAD - US Dollar / Canadian Dollar	1.0239	− 0.09	1.0262	1.0375			Bearish
USDCHF - US Dollar / Swiss Franc	1.0682	− 0.15	1.0727	1.0758			Bearish
USDJPY - US Dollar / Japanese Yen	90.502	− 0.01	90.278	89.666			Bullish
ALL OTHERS
AUDCAD - Aust Dollar / Canadian Dollar	0.9371	− 0.11	0.9377	0.9355			Neutral
AUDCHF - Aust Dollar / Swiss Franc	0.9777	− 0.16	0.9801	0.9717			Neutral
AUDJPY - Aust Dollar / Japanese Yen	82.828	− 0.02	82.463	81.135			Bullish
AUDNZD - Aust Dollar / New Zealand $	1.3065	+ 0.23	1.3017	1.2980			Bullish
CADCHF - Canadian Dollar / Swiss Franc	1.0431	− 0.05	1.0450	1.0373			Neutral
CADJPY - Canadian Dollar / Japanese Yen	88.365	+ 0.09	87.927	86.706			Bullish
CHFJPY - Swiss Franc / Japanese Yen	84.702	+ 0.14	84.143	83.396			Bullish
EURAUD - Euro / Australian Dollar	1.4943	+ 0.20	1.4911	1.5051			Neutral
EURCAD - Euro / Canadian Dollar	1.4007	+ 0.09	1.3984	1.4099			Neutral
EURCHF - Euro / Swiss Franc	1.4614	+ 0.03	1.4618	1.4636			Bearish
EURDKK - Euro / Danish Krone	7.4409	0.00	7.4410	7.4420			Bearish
EURGBP - Euro / British Pound	0.9081	− 0.39	0.9087	0.9037			Neutral
EURJPY - Euro / Japanese Yen	123.802	+ 0.15	123.012	122.004			Bullish
EURNOK - Euro / Norwegian Krone	8.0199	+ 0.10	8.0250	8.0455			Bearish
EURNZD - Euro / New Zealand Dollar	1.9527	+ 0.40	1.9430	1.9566			Neutral
EURSEK - Euro / Swedish Krona	9.7325	+ 0.11	9.7175	9.7286			Bullish
GBPAUD - British Pound / Aust Dollar	1.6450	+ 0.58	1.6404	1.6698			Neutral
GBPCAD - British Pound / Canadian $	1.5419	+ 0.47	1.5385	1.5652			Neutral
GBPCHF - British Pound / Swiss Franc	1.6087	+ 0.42	1.6082	1.6187			Neutral
GBPJPY - British Pound / Japanese Yen	136.286	+ 0.55	135.316	135.229			Bullish
GBPNZD - British Pound / New Zealand $	2.1494	+ 0.79	2.1364	2.1649			Neutral
NZDCAD - New Zealand $ / Canadian $	0.7168	− 0.34	0.7195	0.7204			Bearish
NZDCHF - New Zealand $ / Swiss Franc	0.7480	− 0.39	0.7520	0.7474			Neutral
NZDJPY - New Zealand $ / Japanese Yen	63.358	− 0.26	63.305	62.190			Bullish
NZDUSD - New Zealand $ / US Dollar	0.7002	− 0.24	0.7015	0.6945			Neutral
SGDJPY - Singapore Dollar/Japanese Yen	64.738	+ 0.06	64.522	64.014			Bullish
USDDKK - US Dollar / Danish Krone	5.4385	− 0.18	5.4600	5.4721			Bearish
USDHKD - US Dollar / Hong Kong Dollar	7.7588	+ 0.01	7.7590	7.7630			Bearish
USDNOK - US Dollar / Norwegian Krone	5.8624	− 0.06	5.8886	5.9165			Bearish
USDSEK - US Dollar / Swedish Krona	7.1146	− 0.05	7.1308	7.1499			Bearish
USDSGD - US Dollar / Singapore Dollar	1.3973	− 0.08	1.3986	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.

The Pattern Trapper Trend Trader For Forex

The Trend Trader For Forex Trading on Friday, March 12, 2010