USDMXN: Buy the dips
已更新
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.
注释
Fill not coming yet, looking to enter anyway.交易开始
I got in using discretion after seeing my fill missed by spread and peanuts.注释
Good progress. Looking to add.交易手动结束
I closed for now, almost at the target and showing signs of a potential retrace incoming.I'll add on dips.
注释
Buying dips, selling rallies.交易结束：到达止损
Retracement to the mode expected now, after hitting target so fast. My last long was stopped, so I'm out of this trade.注释
Potential top spotted, the recent stopped out trade was a warning that the rally was about to end.注释
USDMXN confirmed a downtrend and it has gigantic downside!
交易开始
Good idea to exit shorts and flip long.
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ivanlabrie.substack.com/
ivanlabrie.substack.com/
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