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, January 30, 2013

The Nzd/Chf pair is expected to reach the bottom of the ARABF. Resistance at the 200sma may bring a short term trade. Notice a brake of the 200sma SurpriseBox using the 15min chart (second graph below). I expect it to travel to the bottom of yesturday's move.




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







Second Target Reached Nzd/Chf SurpriseTrade

Tuesday, January 29, 2013

First Target Reached Short Nzd/Chf

Short Term Based on Long Term

The Nzd/Chf pair is expected to reach the bottom of the ARABF. Resistance at the 200sma may bring a short term trade. Notice a brake of the 200sma SurpriseBox using the 15min chart (second graph below). I expect it to travel to the bottom of yesturday's move.
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

Monday, January 28, 2013

Head and Shoulders on AAPL - Tweet

Sunday, January 27, 2013

Ascending Right Angle Broadening Formation

The Nzd/Chf pair had been in a Ascending Right-Angle Broadening Formation (ARABF) since August 2012, around the 200sma. Last Week it reached the top of the range and made a bearish engulfing pattern. Expect to reach the bottom of the range. Stop will be at the top of the engulfing 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 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

Friday, January 4, 2013

Out at near target

Closed the Nzd/Usd as very near the target at the 200sma on the 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 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

Short Term Nzd/Usd Double Bottom

The Nzd/Usd completed a double bottom pattern after the US Jobs Report Today. This broke a 15 minutes SurpriseBox delimitated by the 800sma. Short term bullish till the 200sma.
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

Wednesday, January 2, 2013

Bulls make money, Bears make money, Pigs gets slaughtered

The Nzd/Cad trade hit first major resistance, the 50sma on the 8h chart. On the 4h chart it made a doji after a gap up followed by a bearish candle (second graph below). Although my belief is that it will reach target, above 0.83, the position was closed. It was over a 50:50 win to risk ratio. Bears makes money, Bulls makes money, Pigs get slaughtered.
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

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