USDMXN: Buy the dips
Aktualisiert
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.
Anmerkung
Fill not coming yet, looking to enter anyway.Trade ist aktiv
I got in using discretion after seeing my fill missed by spread and peanuts.Anmerkung
Good progress. Looking to add.Trade wurde manuell geschlossen
I closed for now, almost at the target and showing signs of a potential retrace incoming.I'll add on dips.
Anmerkung
Buying dips, selling rallies.Trade geschlossen: Stop wurde erreicht
Retracement to the mode expected now, after hitting target so fast. My last long was stopped, so I'm out of this trade.Anmerkung
Potential top spotted, the recent stopped out trade was a warning that the rally was about to end.Anmerkung
USDMXN confirmed a downtrend and it has gigantic downside!
Trade ist aktiv
Good idea to exit shorts and flip long.
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