USDMXN: Buy the dips

8 февр. 2016 г.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.

9 февр. 2016 г.

Комментарий

Fill not coming yet, looking to enter anyway.

9 февр. 2016 г.

Сделка активна

I got in using discretion after seeing my fill missed by spread and peanuts.

9 февр. 2016 г.

Комментарий

Good progress. Looking to add.

11 февр. 2016 г.

Сделка закрыта вручную

I closed for now, almost at the target and showing signs of a potential retrace incoming.
I'll add on dips.

12 февр. 2016 г.

Комментарий

Buying dips, selling rallies.

12 февр. 2016 г.

Сделка закрыта: достигнута стоп-лосс цена

Retracement to the mode expected now, after hitting target so fast. My last long was stopped, so I'm out of this trade.

17 февр. 2016 г.

Комментарий

Potential top spotted, the recent stopped out trade was a warning that the rally was about to end.

2 мар. 2016 г.

Комментарий

USDMXN confirmed a downtrend and it has gigantic downside!

9 мар. 2016 г.

Сделка активна

Good idea to exit shorts and flip long.