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akshit_official

USDMXN - Ready to Blast Again ?

Long
U.S. Dollar / Mexican Peso (OANDA:USDMXN)  
akshit_official Updated   
OANDA:USDMXN   U.S. Dollar / Mexican Peso
Support and Resistance Supply and Demand Volatility USDMXN usdmxnlong longtrade longtradesetup Forex forextrading DXY mexicanpeso DJ FXCM Index
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supportandresistance supplyanddemand volatility usdmxn usdmxnlong longtrade longtradesetup forex forextrading dxy mexicanpeso usdollar
Last week, I took long position in UDMXN at 16.66000 & Closed at 16.92500

Closed that position in more that $5000 profit in just 2-3 days.

My long setup is formed again in USDMXN

Taking long positions here at CMP 16.67000

My SL would be 16.62000

Target I'm expecting is 17.00000





Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my trading position. You can track it for educational purposes. Thanks!
Trade closed: stop reached:
Gave breakdown from support levels.
Closed in $600 loss.
Comment:
Took my SL & then reversed and hit 17.00000 target which was 3300 pips from my buy level.
Well, these things happens in trading. Risk management is important.
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