Panjang

Telah dikemas kini

USDMXN : Things to Know

Predicting an actual target after a move like that is almost impossible.
This pattern is highly likely to produce a continuation of the price action leading up into it; it’s a classic triangle.
This fact we have just examined, in a normal situation would be enough to say easily, well now is another time to long, on a breakout play.
The triangle appears most valid on the daily; as although the wick violates the triangle, the reaction is quite violent;
The triangle at this point is in the final stages of completion. A breakout or breakdown is to be expected before April is over.
The strength behind the US Dollar is largely panic driven and therefore extremely prone to a hard fall
All markets clearly aware some type of tomfoolery is going on; at some level.
Caution is to be taken with MXN. It ranges hard on the daily. Good luck.

Dagangan aktif

24.27 long trailing stop

Nota

Nota

Alright, this is the same scenario we talked about with SPX. HH/HL in these fib channels. You can sit and scalp these all day. I took my original position at 24.27 and added at the first orderblock to touch the .618 fib. I have circled each place I took a position.

Nota

Fibonacci time zone ready to change tomorrow/today

Nota

This pair is always choppy asf but luckily we have great entries already. Even throughout the night I didn’t have any of these positions go negative on me. I would however like to see this happen today so I can get out of this pair.

Really don’t like to trade exotics as they can be tricky; made an exception here but it really shouldn’t be a habit.

Nota

This would be maddening if i didn’t expect it already. Shaping up for a great hourly close as NYC has been open for a while now. Now we will see the volume coming back into exotics for the next few hours.

Nota

Flaaaaav stop this crazy thing

Nota

Flaaaaaaaaav
Drop this crazy song ya sing

Nota

Say unga bunga bunga g

Nota

Friday New York session is a party!

Might take profit soon for the weekend

Nota

Toss up on the 15. Cool off or total parabola madness?

Nota

I kept 2/3 of positions open. Best scenario (likely scenario) for bulls is to retrace to the gold line and continue. But the R/R for holding is pretty good so I took it.

Nota

Looks like yume wave could be set up just right for 2-3 more bear candles on the 15 and then a buy signal. I do like the small timeframes because AS LONG AS you maintain awareness of the situation on the daily or whatever, I’m not sure how some traders would expect to find the best entries, without using the hourly/15m charts.

I’m not saying trade the 15, I’m saying trade the daily and find your entries and exits on the 15.

Every time the 15m stages a reversal, you then look to the hourly, then the four hour, 12, so on...it’s a chain of events. Our job is to find the time when all the events line up the way we want them to.

So when I post 15m charts, don’t think I’m advocating for you to stare at them all day. I’m saying, sometimes you need to zoom out, and sometimes you need to zoom in. The 15m does in fact matter.

Happy weekend all =)

Nota

Hi all. Be advised that the daily is now a 9 meaning the trend could break soon

Nota

Added back to longs with another position. Maybe just a scalp, maybe ill let it run.

Nota

Here’s the situation on the 15m

Nota

A positive rally type scenario is in full swing at the moment

Nota

Trying to find our bottom here

Nota

Retracement* bottom sorry

Nota

Waiting for a breakout here, hopefully going into the Asian session this will spark some buying

Nota

On time

Nota

Pretty big retrace, if you want to go long you should probably wait for it to test the triangle first

vox-populi

Penerbitan berkaitan

USDMXN Long

oleh vox-populi

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.