Double Bottom NzdCad 4h Chart

The Nzd/Cad broke the four hours Double bottom Pattern SurpriseBox.  On the four hour the box was out of the 800sma with a bullish engulfing patter. Will stop at the 200sma? I believe so as suggested in the 8h chart.

Happy New Year!!

Disclaimer: I trade the patterns depicted either at the entry point stated (e.g. trading channel, breakouts) or afterward. Although my trades are based on technical analysis, trading forex is a risky activity and may produce significant monetary loss. I only post public the trades that I am considering to make, or made and the rational for them. Not intended necessarily as trading recommendations. By SurpriseTrade@gmail.com

Best SurpriseTrades of 2012

The first "Best SurpriseTrade" of the Year trade will be the Nzd/Jpy. This pair had made a brake to the upside of the 200sma SurpriseBox on August 15 when looking at the four hour chart. This brake was out of a "double bottom formation". Target was set near the 800sma (purple line) and was hit with a profit. 

Below will find the chart of again, another "double bottom" on June 5. The Nzd/Usd formed a SurpriseBox out of the 800sma on daily chart. The target was set at the 200sma that was hit 9 trading days thereafter. 

Next among the "Best SurpriseTrade" is a brake of the Chf/Jpy 200sma and 800sma SurpriseBox to the downside. On May 6, this pair broke the Box with a gap on the daily chart. Formed a classic "head and shoulders pattern" that was completed by the end of the month.

Below is depicted the four hour chart of the Eur/Usd. On Feb 29 it formed a "double top" braking the 800sma SurpriseBox. Target was set to be the 200sma, wich was hit on Mar 5.

The last of the "Best SurpriseTrade" of the Year involves the Aud/Jpy. The pair formed a "double bottom" formation out of the 50sma SurpriseBox. The trade was taken due to the perfect formation after the initial run-up from the 800sma that started in January. Brake of the box was in Feb 1 and target was hit on Feb 7.

Disclaimer: I trade the patterns depicted either at the entry point stated (e.g. trading channel, breakouts) or afterward. Although my trades are based on technical analysis, trading forex is a risky activity and may produce significant monetary loss. I only make public the trades that I am considering to make, or made and the rational for them. Not intended necessarily as trading recommendations. By SurpriseTrade@gmail.com

Testing the neck?

The Eur/Usd broke the Daily Double Top Pattern neck.  On the daily pattern it traveled to the 200sma and reversed. Testing the neck? I believe so.

Disclaimer: I trade the patterns depicted either at the entry point stated (e.g. trading channel, breakouts) or afterward. Although my trades are based on technical analysis, trading forex is a risky activity and may produce significant monetary loss. I only post public the trades that I am considering to make, or made and the rational for them. Not intended necessarily as trading recommendations. By SurpriseTrade@gmail.com

Again, my heart and prayers go to the victims of SuperStorm Sandy on the East-Atlantic Coast. Wish for a prompt recovery from this massive natural disaster. 

Stopped Out Chf/Jpy

The Chf/Jpy broke the SurpriseBox on the weekly chart down. The latter was out of a 200sma and 800sma area. Stopped out after a failure of the formation. 

Disclaimer: I trade the patterns depicted either at the entry point stated (e.g. trading channel, breakouts) or afterward. Although my trades are based on technical analysis, trading forex is a risky activity and may produce significant monetary loss. I only post public the trades that I am considering to make, or made and the rational for them. Not intended necessarily as trading recommendations. By SurpriseTrade@gmail.com

Again, my heart and prayers go to the victims of SuperStorm Sandy on the East-Atlantic Coast. Wish for a prompt recovery from this massive natural disaster. 

Chf/Jpy Retrace

The Chf/Jpy broke the SurpriseBox on the weekly chart down. The latter was out of a 200sma and 800sma area. Excellent trading opportunity on retracement. I added to my short position. Posted on twitter @surprisetrade.

Disclaimer: I trade the patterns depicted either at the entry point stated (e.g. trading channel, breakouts) or afterward. Although my trades are based on technical analysis, trading forex is a risky activity and may produce significant monetary loss. I only post public the trades that I am considering to make, or made and the rational for them. Not intended necessarily as trading recommendations. By SurpriseTrade@gmail.com

Again, my heart and prayers go to the victims of SuperStorm Sandy on the East-Atlantic Coast. Wish for a prompt recovery from this massive natural disaster. 

CHFJPY Pair Short

The Chf/Jpy broke the SurpriseBox on the weekly chart down. The latter was out of a 200sma and 800sma area. Trading based on this weekly pattern made. Posted on twitter @surprisetrade.

Disclaimer: I trade the patterns depicted either at the entry point stated (e.g. trading channel, breakouts) or afterward. Although my trades are based on technical analysis, trading forex is a risky activity and may produce significant monetary loss. I only post public the trades that I am considering to make, or made and the rational for them. Not intended necessarily as trading recommendations. By SurpriseTrade@gmail.com

Again, my heart and prayers go to the victims of SuperStorm Sandy on the East-Atlantic Coast. Wish for a prompt recovery from this massive natural disaster. 

AudNzd position reached personal stop

The Aud/Nzd broke the SurpriseBox on the 4h chart down. The latter was out of a 200sma and 50sma area. It made a Head and Shoulders Pattern Formation. After the news of the RBA the pair rallied hitting my stop. 

Disclaimer: I trade the patterns depicted either at the entry point stated (e.g. trading channel, breakouts) or afterward. Although my trades are based on technical analysis, trading forex is a risky activity and may produce significant monetary loss. I only post public the trades that I am considering to make, or made and the rational for them. Not intended necessarily as trading recommendations. By SurpriseTrade@gmail.com

Again, my heart and prayers go to the victims of SuperStorm Sandy on the East-Atlantic Coast. Wish for a prompt recovery from this massive natural disaster. 

AudNzd Head and Shoulders

The Aud/Nzd broke the SurpriseBox on the 4h chart down. The latter was out of a 200sma and 50sma area. It made a Head and Shoulders Pattern Formation. Entry at  1.2550 region (rebound to the neck). Logic stop will be the top of the right shoulder at 1.2650 area. Target  at the 1.2450 area (recent low). This trade provides a 1:1 risk profit ratio. Posted on twitter @surprisetrade.

Disclaimer: I trade the patterns depicted either at the entry point stated (e.g. trading channel, breakouts) or afterward. Although my trades are based on technical analysis, trading forex is a risky activity and may produce significant monetary loss. I only post public the trades that I am considering to make, or made and the rational for them. Not intended necessarily as trading recommendations. By SurpriseTrade@gmail.com

Again, my heart and prayers go to the victims of SuperStorm Sandy on the East-Atlantic Coast. Wish for a prompt recovery from this massive natural disaster. 

Completed Eur/Usd Trade

The Eur/Usd broke the SurpriseBox on the 4h chart down. The latter was out of a 800sma, 200sma and 50sma area. Although a Shakeout attempt yesterday  the pair traveled to the expected target this morning. Posted on twitter @surprisetrade.

Disclaimer: I trade the patterns depicted either at the entry point stated (e.g. trading channel, breakouts) or afterward. Although my trades are based on technical analysis, trading forex is a risky activity and may produce significant monetary loss. I only make public the trades that I am considering to make, or made and the rational for them. Not intended necessarily as trading recommendations. By SurpriseTrade@gmail.com

Again, my heart and prayers go to the victims of SuperStorm Sandy on the East-Atlantic Coast. Wish for a prompt recovery from this massive natural disaster. 

Bearish Eur/Usd Pattern

The Eur/Usd broke the SurpriseBox on the 4h chart down. The latter was out of a 800sma, 200sma and 50sma area. On the hourly chart made a head and shoulders pattern. A short position that I placed based on the initial head and shoulders will be fortified after the hourly pattern. Many technical indicators are in favor of this trade. A retrace to the 1.2950 area is expected before continuing in the bearish pattern.

Disclaimer: I trade the patterns depicted either at the entry point stated (e.g. trading channel, breakouts) or afterward. Although my trades are based on technical analysis, trading forex is a risky activity and may produce significant monetary loss. I only make public the trades that I am considering to make, or made and the rational for them. Not intended necessarily as trading recommendations. By SurpriseTrade@gmail.com

My heart and prayers go to the victims of SuperStorm Sandy on the East-Atlantic Coast. Hope for a fast recovery from this massive natural disaster. 

Aud/Nzd SurpriseTrade

The Aud/Nzd made a brake to the upside of the 200sma SurpriseBox, when looking at the four hour chart. At present at a recoil presenting a opportunity to enter. Stop will be placed at the bottom of the box about 1.2590. Target will be the 800sma about 1.2800.

Disclaimer: I trade the patterns depicted either at the entry point stated (e.g. trading channel, breakouts) or afterward. Although my trades are based on technical analysis, trading forex is a risky activity and may produce significant monetary loss. I only make public the trades that I am considering to make, or made and the rational for them. Not intended necessarily as trading recommendations. By SurpriseTrade@gmail.com

Back to the Market - H&S GBP/AUD

The Gbp/Aud made a brake to the downside of the 50sma SurpriseBox, when looking at the eight hour chart. This brake was out of a head and shoulders pattern. Very cautious on my first trade back so "in and out" of the position quickly with a gain of 30 pips. The pattern did not had clear brake at the resistance and traveled faster and further than I anticipated.

Disclaimer: I trade the patterns depicted either at the entry point stated (e.g. trading channel, breakouts) or afterward. Although my trades are based on technical analysis, trading forex is a risky activity and may produce significant monetary loss. I only make public the trades that I am considering to make, or made and the rational for them. Not intended necessarily as trading recommendations. By SurpriseTrade@gmail.com

Shaken out of the Market on Aud/Usd

The Aud/Usd had made a brake to the downside of the four hours 200sma SurpriseBox. This brake was out of a head and shoulders pattern. I had shorted the pair but was stopped out when the price moved above the right shoulder. It looks clearly now that I was effectively "shaken out by the market" as the price is moving toward the target after I liquidated. 

Disclaimer: I trade the patterns depicted either at the entry point stated (e.g. trading channel, breakouts) or afterward. Although my trades are based on technical analysis, trading forex is a risky activity and may produce significant monetary loss. I only make public the trades that I am considering to make, or made and the rational for them. Not intended necessarily as trading recommendations. By SurpriseTrade@gmail.com

Stopped out Aud/Usd Surprisetrade

The Aud/Usd made a brake to the downside of the 200sma SurpriseBox, when looking at the four hour chart. This brake was out of a head and shoulders pattern. After the trade was placed the pair moved upward, contrary to expected. It reached the predetermined stop. Will liquidate my position. As two "bad trades" in a row, will "take a brake" and try to conserve capital.

Disclaimer: I trade the patterns depicted either at the entry point stated (e.g. trading channel, breakouts) or afterward. Although my trades are based on technical analysis, trading forex is a risky activity and may produce significant monetary loss. I only make public the trades that I am considering to make, or made and the rational for them. Not intended necessarily as trading recommendations. By SurpriseTrade@gmail.com

Aud/Usd Head and Shoulders

The Aud/Usd made a brake to the downside of the four hours 200sma SurpriseBox. This brake was out of a head and shoulders pattern. Shorted on the rebound.  Stop will be around 1.0500 corresponding to the right side shoulder top. Target one will be 1.0250 corresponding to the 800sma. Trade posted in Twitter (@surprisetrade).

Disclaimer: I trade the patterns depicted either at the entry point stated (e.g. trading channel, breakouts) or afterward. Although my trades are based on technical analysis, trading forex is a risky activity and may produce significant monetary loss. I only make public the trades that I am considering to make, or made and the rational for them. Not intended necessarily as trading recommendations. By SurpriseTrade@gmail.com

Stopped out of the Nzd/Cad short trade

I stopped out of the Nzd/Cad position near the top of the gap done on monday. 

Disclaimer: I trade the patterns depicted either at the entry point stated (e.g. trading channel, breakouts) or afterward. Although my trades are based on technical analysis, trading forex is a risky activity and may produce significant monetary loss. I only make public the trades that I am considering to make, or made and the rational for them. Not intended necessarily as trading recommendations. By SurpriseTrade@gmail.com

No NFP Trades this month

I took no new trades after the NFP today. No suitable trades found other than a risky Usd/Chf short. There was no clear target for this trade so the profit to win risk was not defined. A clear trade setup ocurred before the NFP news on the Eur/Cad but, by the time of the news, it was already to be compleated

Adjusting Position

The Nzd/Cad made a brake to the downside of the daily 200sma SurpriseBox several days ago. This brake was out of a head and shoulders pattern. Shorted on the flag formed on the 15min chart; but lighten up my position after it broke to the upside instead of the expected downside.  Longer term, still expecting to go lower due to the head and shoulders broken verified by a gap and not reaching the target.

Disclaimer: I trade the patterns depicted either at the entry point stated (e.g. trading channel, breakouts) or afterward. Although my trades are based on technical analysis, trading forex is a risky activity and may produce significant monetary loss. I only make public the trades that I am considering to make, or made and the rational for them. Not intended necessarily as trading recommendations. By SurpriseTrade@gmail.com

Adding to the NZD/Cad Short Trade Position

The Nzd/Cad made a brake to the downside of the 200sma SurpriseBox, when looking at the daily chart. This brake was out of a head and shoulders pattern. Got some on the pullback but adding to the trade in the flag that formed on 15min. chart.

Disclaimer: I trade the patterns depicted either at the entry point stated (e.g. trading channel, breakouts) or afterward. Although my trades are based on technical analysis, trading forex is a risky activity and may produce significant monetary loss. I only make public the trades that I am considering to make, or made and the rational for them. Not intended necessarily as trading recommendations. By SurpriseTrade@gmail.com

New SurpiseTrade

The Nzd/Cad made a brake to the downside of the 200sma SurpriseBox, when looking at the daily chart. This brake was out of a head and shoulders pattern. The stop will be placed at the top of the long candle out of the box, after gap and the target will be near the 800sma (purple line). Started probing a short position, will add on a expected pullback. The trade was posted in twitter (@surprisetrade).

Disclaimer: I trade the patterns depicted either at the entry point stated (e.g. trading channel, breakouts) or afterward. Although my trades are based on technical analysis, trading forex is a risky activity and may produce significant monetary loss. I only make public the trades that I am considering to make, or made and the rational for them. Not intended necessarily as trading recommendations. By SurpriseTrade@gmail.com

The Best SurpriseTrades of the Year

The first "Best SurpriseTrade" of the Year trade will be the Nzd/Jpy just competed this week. This pair had made a brake to the upside of the 200sma SurpriseBox on August 15 when looking at the four hour chart. This brake was out of a "double bottom formation". Target was set near the 800sma (purple line) and was hit with a profit. 

Below will find the chart of again, another "double bottom" on June 5. The Nzd/Usd formed a SurpriseBox out of the 800sma. The target was set at the 200sma that was hit 9 trading days thereafter. 

Next among the "Best SurpriseTrade" is a brake of the Chf/Jpy 200sma and 800sma SurpriseBox to the downside. On May 6, this pair broke the Box with a gap on the daily chart. Formed a classic "head and shoulders pattern" that was completed by the end of the month.

Below is depicted the four hour chart of the Eur/Usd. On Feb 29 it formed a "double top" braking the 800sma SurpriseBox. Target was set to be the 200sma, wich was hit on Mar 5.

The last of the "Best SurpriseTrade" of the Year involves the Aud/Jpy. The pair formed a "double bottom" formation out of the 50sma SurpriseBox. The trade was taken due to the perfect formation after the initial run-up from the 800sma that started in January. Brake of the box was in Feb 1 and target was hit on Feb 7.

Disclaimer: I trade the patterns depicted either at the entry point stated (e.g. trading channel, breakouts) or afterward. Although my trades are based on technical analysis, trading forex is a risky activity and may produce significant monetary loss. I only make public the trades that I am considering to make, or made and the rational for them. Not intended necessarily as trading recommendations. By SurpriseTrade@gmail.com

Nzd/Jpy Trade Completed

The Nzd/Jpy made a brake to the upside of the 200sma SurpriseBox yesterday when looking at the four hour chart (4h). This brake was out of a "double bottom formation". Target was set near the 800sma (purple line) at 64.37. This target was hit with a profit. As in the past, the trade was posted in twitter (@surprisetrade).

Disclaimer: I trade the patterns depicted either at the entry point stated (e.g. trading channel, breakouts) or afterward. Although my trades are based on technical analysis, trading forex is a risky activity and may produce significant monetary loss. I only make public the trades that I am considering to make, or made and the rational for them. Not intended necessarily as trading recommendations. By SurpriseTrade@gmail.com

The Nzd/Jpy made a brake to the upside of the 200sma SurpriseBox, when looking at the four hour chart (4h). The stop was placed at the bottom of the long candle out of the box (63.65) and the target will be near the 800sma (purple line) at 64.37. Started probing a long position, will add on a expected pullback. The trade was posted in twitter (@surprisetrade).

Disclaimer: I trade the patterns depicted either at the entry point stated (e.g. trading channel, breakouts) or afterward. Although my trades are based on technical analysis, trading forex is a risky activity and may produce significant monetary loss. I only make public the trades that I am considering to make, or made and the rational for them. Not intended necessarily as trading recommendations. By SurpriseTrade@gmail.com

Why the Usd/Jpy was a "no trade" after the NFP?

Yesturday, a setup was seeked for trading the NFP. The Usd/Jpy pair had made a 800sma (purple line) 15min SurpriseBox and at that time was thought to be potentially tradable. After the release of the minutes, the price jumped to target within minutes. This made the pair Non-Tradable. The setup and "No-Trade Status" was posted in twitter at the time along with the  "successful CHF/JPY trade" (@surprisetrade).

Disclaimer: I trade the patterns depicted either at the entry point stated (e.g. trading channel, breakouts) or afterward. Although my trades are based on technical analysis, trading forex is a risky activity and may produce significant monetary loss. I only make public the trades that I am considering to make, or made and the rational for them. Not intended necessarily as trading recommendations. By SurpriseTrade@gmail.com

Chf/Jpy long SurpriseTrade after NFP

Traded after NFP the hourly chart Chf/Jpy SurpriseBox. A brake to the upside triggered a long new position. The latter was closed with a profit. The Usd/Jpy on 15min chart moved too sharply to be traded. The action was posted in twitter (@surprisetrade).

Disclaimer: I trade the patterns depicted either at the entry point stated (e.g. trading channel, breakouts) or afterward. Although my trades are based on technical analysis, trading forex is a risky activity and may produce significant monetary loss. I only make public the trades that I am considering to make, or made and the rational for them. Not intended necessarily as trading recommendations. By SurpriseTrade@gmail.com

The Usd/Jpy pair had made a 800sma (purple line) 15min SurpriseBox. A brake after Fed Minutes might provide trading opportunity. The Trade will be posted in twitter (@surprisetrade).

Disclaimer: I trade the patterns depicted either at the entry point stated (e.g. trading channel, breakouts) or afterward. Although my trades are based on technical analysis, trading forex is a risky activity and may produce significant monetary loss. I only make public the trades that I am considering to make, or made and the rational for them. Not intended necessarily as trading recommendations. By SurpriseTrade@gmail.com

Next Friday NFP SurpriseTrade

For the last two consecutive months we had successfully traded the "15 minutes chart SurpriseBox brake"; just after the release of the Non-Farm Payroll (NFP). This next friday will attempt to add another successful trade. The SurpriseTrade will be posted in twitter (@surprisetrade). Will start looking for potential setups at 8:00am EST.
Disclaimer: I trade the patterns depicted either at the entry point stated (e.g. trading channel, breakouts) or afterward. Although my trades are based on technical analysis, trading forex is a risky activity and may produce significant monetary loss. I only make public the trades that I am considering to make, or made and the rational for them. Not intended necessarily as trading recommendations. By SurpriseTrade@gmail.com

Kimtag SurpriseTrade Link

Closed the Aud/Usd Position after it passed the stop.

Daily Chart July Aussie Dollar SurpriseTrade

The Aud/Usd pair had made a brake from the 200sma (red line) daily SurpriseBox and the 800sma (purple line) 4h SurpriseBox to the downside after the Fed Minutes release. A "inverted cup and handle formation" may be interpreted in the 4h chart. It is expected to travel to at least the 200sma (red line) on the 4h chart and the 50sma (blue line) on the daily chart. Top of the cup may be used as a stop. The Trade will be posted in twitter (@surprisetrade).

Disclaimer: I trade the patterns depicted either at the entry point stated (e.g. trading channel, breakouts) or afterward. Although my trades are based on technical analysis, trading forex is a risky activity and may produce significant monetary loss. I only make public the trades that I am considering to make, or made and the rational for them. Not intended necessarily as trading recommendations. By SurpriseTrade@gmail.com