Trading Spot Forex, Equities and Futures using "Long Term Moving Averages" as Support and Resistance. The strategy consist of breakouts from the 800 or 200 simple moving average (sma) Bollinger Band. Will take into account the 800sma, 200 sma, the 50 sma and recent high/lows as support and resistance. Reversal patterns "double bottom" or "double top" near a Bollinger Band will trigger a trade.

Wednesday, September 26, 2012

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



Friday, September 21, 2012

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



Thursday, September 20, 2012

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



Friday, September 7, 2012

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

Wednesday, September 5, 2012

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



Tuesday, September 4, 2012

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



Monday, September 3, 2012

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



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