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.

Saturday, April 26, 2014

Eur/Cad hourly chart SurpriseTrade

The Eur/Cad pair had broken the 800sma SurpriseBox on the 60 min chart to the downside. The 200sma was set as the support. It reached the expected price  in less than 24 hours.
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


Posted by at

Wednesday, April 9, 2014

Usd/Mxd SurpriseTrade after FOMC Meeting

The Usd/Mxd pair had broken the 800sma SurpriseBox on the 15 min chart to the downside. Resistance of 200sma was broken with the move out of the box. The sudden decrease in price concurred after news event (FOMC Minutes). The brake formed a double top pattern. Recent low price expected to be reached although resistance might serve as 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


Posted by at

Tuesday, April 8, 2014

Double Bottom "SurpriseTrade" 30 min chart Gbp/Usd

The Gbp/Usd pair had broken the 800sma SurpriseBox on the 30 min chart to the upside. Resistance of 200sma was broken with the move out of the box. The sudden increase in price concurred prior to news event in two days (BOE Meeting). The brake formed a double bottom pattern. Recent high price was surpassed with the expected move afterward.
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


Posted by at
Subscribe to: Posts (Atom)

Counter