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