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.

Friday, November 23, 2012

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. 

Monday, November 19, 2012

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. 

Wednesday, November 14, 2012

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. 

Tuesday, November 13, 2012

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. 

Tuesday, November 6, 2012

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. 

Monday, November 5, 2012

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. 

Friday, November 2, 2012

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. 

Thursday, November 1, 2012

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. 

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