EWW Mexico

12 thg 3, 2019

When in doubt, short garbage. Candlesticks tend to work well on EWW, and the Mexican market goes down when the US market goes down.

2 day trade with weekly puts, though the safer play might be next week's puts.

13 thg 3, 2019

Giao dịch được đóng thủ công

Flipped the puts on open for a small loss. Do not like where the currency trade is going

13 thg 3, 2019

Ghi chú

LOL, I need to trust the charts more. Heading down. Doesn't matter, made money flipping AAOI calls.

14 thg 3, 2019

Ghi chú

Threw a hammer today, looks like it's got another leg up before the next tank. The dollar looks like it's going to tank so it'll be difficult to short any foreign ETF.

Foreign ETFs are not currency hedged, so you gotta look at the exchange rates, the reason why this went down today was because the dollar bounced up. I think it's temporary.