Neutral for now on USDMXN Daily...waiting......
Good thing I only trade very small amounts because I thought this thing was going to turn around a dozen times. I'm still developing my patience. I'm not touching this again until I see something on the daily.... if it goes long at bottom of the wedge I'll look for an entry crossing the hourly 200ema otherwise I'm not touching it. I'm not even sure if it will retrace going short out of the wedge. This thing is like a giant sea serpent!
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in long at 0385. i was going to wait until price got above the 1hr ema but looks like it's taking a bounce off the 30min 200ema which i really don't use the 30min chart but also the dxy chart looks like it's finding support, so...... don't trade on this I'm still experimenting trying to find a good fit on trading style:)
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agggghhhh when will i develop some patience. maybe i should have stuck with my plan of only buying above the 1hr 200ema. I'm okay at charts and crappy at entries