Closed the Aud/Usd Position after it passed the stop.
Friday, July 13, 2012
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
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
Thursday, July 12, 2012
Inverse Cup and Handle in the Aussie Dollar
The Aud/Usd pair had made a brake from the 800sma (purple line) 4h SurpriseBox to the downside after the Fed Minutes. A "cup and handle formation" may be interpreted in this move. It is expected to travel to at least the 200sma (red line). Top of the cup may be used as a stop. The daily chart also seems promising. 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
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
Friday, July 6, 2012
NFP Trade July 2012
The Aud/Usd pair had made a brake from the 200sma (red line) SurpriseBox to the downside just after NFP. Used the 15min chart. It traveled as expected to the 800sma (purlple line). The Trade was posted live at 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
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
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