SurpriseTrade, the 800 Simple Moving Average

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, February 20, 2013

Eur/Usd "Neck Broken"

The Eur/Usd pair broke the 4h 200sma SurpriseBox and the daily 800sma right side of a "Head and Shoulders Formation". Expected travel and stop depicted below. Just my opinion.
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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New SurpriseBox based on Neck Repositioning

The Eur/Usd pair had been followed since bearish engulfing pattern at the 200sma a week and half ago. A neck for a possible daily 800sma "head and shoulders pattern" was traced last week after a big move in the 4h chart believed to be a breakthrough. After the european ZEW data yesterday, this neck-line was broken to the upside (previous post). The neck was retraced on the daily chart. A new 200sma SurpriseBox was drafted on the 4h chart based on the retrace. Will add to my position with a brake to the downside or  will liquidate my current position with a brake to the upside (previous stated 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

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Neck Retraced

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Thursday, February 14, 2013

Eur/Usd big move today, whats next!!

The Eur/Usd pair, as suspected, made a strong bearish move today. Expected to continue this trend. Last weekend analysis presented a bearish engulfing pattern in the weekly chart, just at the 200sma. Yesterday  on the 4h chart, made a bearish engulfing pattern just on the 50sma. Started my position then. This morning, completed a head and shoulders pattern seen in the 4h, 8h and daily charts. A clear entry, exit and stop provided by the pattern. Below are the strategy charts I am using. Again, this is my opinion; I do not recommend  only transmitting my thinking of the markets. I love technical analysis! 
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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Nzd/Usd Target Reached

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Wednesday, February 13, 2013

Nzd/Usd Higher?

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Monday, February 11, 2013

Near Target Usd/Cad

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Sunday, February 10, 2013

Usd/Cad SurpriseTrade

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Eur/Usd Bearish Engulfing Pattern

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Tuesday, February 5, 2013

Dark Cloud Cover on the NzdChf

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Friday, February 1, 2013

Nzd/Chf gives more, more, more....

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