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.
Kommentar:
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.
Kommentar:
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.
I'll add on dips.
Kommentar:
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.
Kommentar:
Potential top spotted, the recent stopped out trade was a warning that the rally was about to end.
Kommentar:
USDMXN confirmed a downtrend and it has gigantic downside!
USDMXN confirmed a downtrend and it has gigantic downside!
Trade ist aktiv:
Good idea to exit shorts and flip long.
