SQL Server trace profiles are not populated when connecting with SQL Server 2008 R2

This is possible if you are using an older version of management tools to connect with a higher version. If you are still using SQL 2008 management studio/profiler and trying to run a trace on a R2 instance, you will not get any pre-populated templates.

You need to upgrade your client tools to latest versions to resolve this problem.

Note: Even though you can use SQL 2008 management studio to connect with SQL 2008 R2 instance, this practice is not advisable for such possible issues.