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...
Currency Pair - USDMXN
I am seeing a good trading opportunity in USDMXN.
Taking long positions here at CMP 16.66200
My SL would be 16.60000
Target I'm expecting is 17.00000
That's 1:7 RR trade.
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!
Why the Mexican Peso Surged Against the USD?
On Wednesday, the US dollar decreased in value against other major currencies, including the Mexican peso, by over 1%, due to reports of slower than expected US inflation. This suggests that the Federal Reserve may pause its interest rate hikes. According to data from the US Labor Department, inflation in April...
USDMXN
I have the believe that USD may continue falling for few days or weeks, may be 2, this is just because of uncertainty. However tomorrow's CPI may really change the game.
We can consider selling USDMXN today or tomorrow after the candle closure, so that we can eye the strong support level 19.48418.
Hello Traders,
Hope you all are doing good!!
I expect USDMXN to go Up after finishing this correction.
Look for your BUY setups.
Please follow me and like if you agree or this idea helps you out in your trading plan.
Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management.
Market can...
Setup Contains:
1. Stop Hunt (Sell Side Liquidity)
2. Break of Structure
3. Return to Orderblock (Expecting)
We need to have LTF Confirmation before even entering the trade. Our projected area would be the liquidity & IMBALANCE above where the Selling POI also resides.
FOLLOW PAFX & TRADE LIKE BANKS 💸
Hello Traders,
Hope you all are doing good!!
I expect USDMXN to go up after this correction.
Look for your BUY setups.
Please follow me and like if you agree or this idea helps you out in your trading plan.
Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management.
Market can evolve...
Hello Traders,
Hope you all are doing good!!
I expect USDCAD to go down from here.
Look for your SELL setups.
Please follow me and like if you agree or this idea helps you out in your trading plan.
Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management.
Market can evolve anytime,...
Hi family I am looking at this buy set up idea I really like this as to the covid levels have now be violated and the economy looks really good at the moment so would like to see how this lays out.
Really good opportunity buy
buy
buy buy
Great idea not financial advice*
Hello guys i had find this setup in 4h timeframe which is made accumulation zone and broken we have a good buying buying opportunity from here with sl below zone and tg at neareast resistance also plzz do your own analysis before taking any trading decision if you like my analysis plzz like share and follow thank you
