Trade Like A Sniper - Episode 44 - USDMXN - (14th June 2024)This video is part of a video series where I backtest a specific asset using the TradingView Replay function, and perform a top-down analysis using ICT's Concepts in order to frame ONE high-probability setup. I choose a random point of time to replay, and begin to work my way down the timeframes. Trading like a sniper is not about entries with no drawdown. It is about careful planning, discipline, and taking your shot at the right time in the best of conditions.
A couple of things to note:
- I cannot see news events.
- I cannot change timeframes without affecting my bias due to higher-timeframe candles revealing its entire range.
- I cannot go to a very low timeframe due to the limit in amount of replayed candlesticks
In this session I will be analyzing USDMXN, starting from the 3-Month chart.
If you want to learn more, check out my TradingView profile.
USDMXN
[Watch] Mexican Peso 0️⃣0️⃣1️⃣| ¡Viva México! MXNWho loves Tacos al Pastor?
In this video, I want to share with you two technical views I have on this exotic currency; the Mexican peso FX:USDMXN
Remember, my critical fundamental view is based on the $5bn Tesla is about to invest in the new Nuevo Leon, Monterrey Gigafactory.
Above All and All in All: God Bless America...!
J.R. Jaén
Risk Disclaimer:
1️⃣Past Performance is not indicative of any future performance.
2️⃣Trading and Investing are risky. Only trade and invest with resources and capital; you can afford to lose, and it will not change your lifestyle or family situation if you do not make the returns you wanted or if things go wrong and you lose everything.
3️⃣I can and will have a position buying Mexican pesos because I like the country and love Tacos al Pastor.
4️⃣Never go All-In. You do not have to buy with your rent money; you do not have to believe with all your savings because NO one is asking you to do so. This video is a video log, a journal, and a path to share with others 'how to' find a potential investment if the US Dollar weakens.
When USD Hits Resistance, That's When USDMXN Will Breakdown In today's video I will look into a detail analysis of USDMXN, which is doing quite well compared to the strong USD Index. So my assumption is that when USd index will hit resistance, possibly after the 10 year US notes completed the current fifht wave up, the USDMXN can easily break through the support and will be targeting Feb 2020 pandemic low.
Crude oil is also very important for the USDMNX. Price is higher for the last two weeks as the situation between Russia and Ukraine is getting worse. OPEC also decided in its first one-on-one meeting since 2020 to cut production by up to 2 million barrels per day from November. So it appears that EU will not have easy task to limit the energy prices.
If you like this video, please leave me a comment below and press like.
Thank you
Grega
USDMXN top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
USDMXN top-down analysisHi Guys, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis video. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover my next analysis.
Also let me know your thought in the comment section what you think about this pair.
USD/ARS: up nearly 9000% since the 1990s... Hi traders!
In this video I look at:
- updates on my development as a trader;
- looking at exotic pairs;
- comparing various exotic pairs (USD/ARS, USD/TRY, USD/MXN) to the S&P500 and US Dollar Index (DXY);
- conclusions.
Take care!
Thanks for watching, I love you all.
Francesco
9 Trade Plans from Today's Live StreamQuick Video recapping all trade plans from the earlier live stream
TRADE PLANS INCLUDE:
EURUSD
XAUUSD
USDCHF
GBPJPY
USDCAD
USDZAR
EURAUD
USDMXN
CADJPY
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Please don't forget to FOLLOW, LIKE, and COMMENT ...
If you like my analysis:)
Trade Safe - Trade Well
Regards,
Michael Harding 😎 Chief Technical Strategist @ LEFTURN Inc.
RISK DISCLAIMER
Information and opinions contained with this post are for educational purposes and do not constitute trading recommendations. Trading Forex on margin carries a high level of risk and may not be suitable for all investors. Before deciding to invest in Forex you should consider your knowledge, investment objectives, and your risk appetite. Only trade/invest with funds you can afford to lose.
USD/MXN & USD/ZAR - Short Sell Trend Analysis In this video, we look at the U.S Dollar's current strength against the Mexican peso and South African Rand being caused by rising U.S Government 10 Year Bond Yields.
The trends remain firmly in play for more dollar weakness, and potentially additional selling opportunities for both currency pairs.
USD/MXN Multi-Timeframe analysis- update!!!Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
Sell USD Across the Board (MXN, RUB, ZAR, EUR, NZD)Low-interest rates in the united states and a negative current account balance should continue to structurally weaken the U.S Dollar.
We look at the following trades
Long NZD/USD
Long EUR/USD
Short USD/RUB
Short USD/NOK
Short USD/CAD
Short USD/MXN
Short USD/ZAR