USDMXN: Trump odds increasing soon?
Updated
We are out of the short in USDMXN for a combined profit of 2% in 2 days.
We can flip long here, with a wide stop speculating on a turn after retesting the weekly uptrend mode.
Maybe this suggests 'Trump odds' increase in the polls soon?
Good luck,
Ivan Labrie.
We can flip long here, with a wide stop speculating on a turn after retesting the weekly uptrend mode.
Maybe this suggests 'Trump odds' increase in the polls soon?
Good luck,
Ivan Labrie.
Note
Seems like we were spot on going long, add to the trade, 1/2 size position same stop. We can risk up to 2% with this wide stop. We'll trail it to entry after we have good enough progress.Note
Instant progress. You may add a shorter term long here too, tighter stop at the low two days ago.Risk 0.5-1%
Note
***Yersterday's low for the stopTrade active
Still viable.Note
Go figure, USDMXN hit the weekly support, and Trump odds increased.Note
This would be an ok exit.Note
This was a good hedge to equities falling while it lasted.Trade active
Shorting, if we don't turn up for the day, we might go way down after the elections.
Note
Good progress, matching initial risk.
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