USDMXN: Buy the dips
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USDMXN has a very clean trend since it broke out of a consolidation in December.
Right now it has up to 10.80% upside, with only 1.5-2% downside risk.
I'll be buying a retracement after today's close, and aiming to add to the trend as it evolves.
This is a very simple setup, with great R multiples for the trend trader.
Cheers,
Ivan Labrie.
Right now it has up to 10.80% upside, with only 1.5-2% downside risk.
I'll be buying a retracement after today's close, and aiming to add to the trend as it evolves.
This is a very simple setup, with great R multiples for the trend trader.
Cheers,
Ivan Labrie.
Ghi chú
Fill not coming yet, looking to enter anyway.Giao dịch đang hoạt động
I got in using discretion after seeing my fill missed by spread and peanuts.Ghi chú
Good progress. Looking to add.Giao dịch được đóng thủ công
I closed for now, almost at the target and showing signs of a potential retrace incoming.I'll add on dips.
Ghi chú
Buying dips, selling rallies.Đóng lệnh: dừng lỗ
Retracement to the mode expected now, after hitting target so fast. My last long was stopped, so I'm out of this trade.Ghi chú
Potential top spotted, the recent stopped out trade was a warning that the rally was about to end.Ghi chú
USDMXN confirmed a downtrend and it has gigantic downside!
Giao dịch đang hoạt động
Good idea to exit shorts and flip long.
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