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02/15/2009 EURAUD Trade

Short 1 (150) EURAUD @ 9442
Stop @ 9668 (-226)

Surprise box setup.

Click above for larger image

Click above for larger image

As you can see in the chart, it probably wasn’t the best surprise box because price was not as centered around the 800 SMA.  I had a bias to the short side because I felt that the 800 SMA might act as resistance.  My confidence level going in was about a 6/10 on this one because price movement was a little choppy and price wasn’t centered around the 800 SMA.




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