@surprisetrade Break of the flag Gbp/Aud? pic.twitter.com/Gb38vGlGk6
— SurpriseTrade (@surprisetrade) February 20, 2014
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.
Thursday, February 20, 2014
First SurpriseTrade Challenge
Saturday, February 15, 2014
SurpriseTrade 7 years - 1 Million Dollars Challenge
The SurpriseTrade 7-1 Challenge
Can a million dollars be made from a initial investment of only five hundred dollars?
Can it be done in a time period of seven years trading forex?
That is the SurpriseTrade 7-1 Challenge.
The following spreadsheet will be used as a guide:
Starting February 2014 and ending February 2021.
- Goal -- Over $1,000,000 by February 2021
- Objective -- Gain 10% on average each month
- Careful not to place a trade when market is slow.
- Wait for the indicator to materialize, even after a month has passed.
- Stratergy -- SurpriseTrade
- Trade on breakouts of the box of support and resistance around the 200 period and 800 period moving average (200sma and 800sma).
- Will trade based on the 4 hour, 8 hour, daily and weekly chart.
- May trade based on the 15 minutes, 30 minutes and hourly charts only immediately after the release of news (example. FOMC meeting, Non-Farm Payroll Number Release, other).
- The win to loose risk ratio has to be over one (the distance from the trade price to the target has to be the same or more that the distance from the trade price to the stop).
- No more than 50% of margin will be placed in risk in a single trade.
- Tactics -- Brakeout of the SurpriseBox has to be:
- Double Bottom or Double Tops
- Head and Shoulders or Inverted Head and Shoulders
Example of "Short Term" "Double Bottom" after a news event. pic.twitter.com/UB7DP9YdoB
— SurpriseTrade (@surprisetrade) February 16, 2014
Usd/Chf getting close to the 800sma in 4h chart (after braking the 200sma surprisebox). pic.twitter.com/izTrgGcCHh
— SurpriseTrade (@surprisetrade) February 3, 2014
Head and Shoulders Pattern out of the 800sma. pic.twitter.com/wNYnDuJMMf
— SurpriseTrade (@surprisetrade) January 14, 2014
@surprisetrade GBP/USD reached near 200sma then reverse with double bottom. Trend resumed with fresh recent high. pic.twitter.com/xfEjI7LsjC
— SurpriseTrade (@surprisetrade) December 27, 2013
@surprisetrade Reached recent low. pic.twitter.com/p42agsw6zo
— SurpriseTrade (@surprisetrade) December 14, 2013
@surprisetrade Near recent high before down to 200sma. pic.twitter.com/vqXDIJ0Ewc
— SurpriseTrade (@surprisetrade) December 14, 2013
Usd/Zar 800sma "SurpriseTrade" using 4h chart reached recent high area. pic.twitter.com/kF4FuKWbfW
— SurpriseTrade (@surprisetrade) November 1, 2013
Eur/Try "Double Bottom" reached first of recent high levels. pic.twitter.com/lQWjxOvS2Q
— SurpriseTrade (@surprisetrade) October 25, 2013
Aud/Chf double bottom on 4h Chart, out of the 200sma (Red line) SurpriseBox reach its target. pic.twitter.com/yqxHerpM9S
— SurpriseTrade (@surprisetrade) October 16, 2013
GBP/CAD double bottom formation near recent high 1.62. pic.twitter.com/c3nhR6b5UT
— SurpriseTrade (@surprisetrade) August 7, 2013
Again, formations will be 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
Eight hours double bottom GBP/AUD at 200sma
Gbp/Aud 8h 200sma "SurpriseBox" brake after Double Bottom. Consolidating? pic.twitter.com/wSuCbp7L4z
— SurpriseTrade (@surprisetrade) February 14, 2014
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