USDMXN bearish momentum!!!Price recently broke out of channel, expecting price to reach 22.11 as this market looks very bearish at the moment. Short position was taking at 23.00, will be looking to add to my position.
USDMXN
Summary of my +25,500pips profit for this week!GBPNZD (SELL): Positive.
USDCAD(SELL): Positive.
GBPJPY(SELL): Positive.
EURGBP(BUY): Positive.
NZDUSD(SELL): Negative.
GBPCAD(SELL): Positive.
AUDCAD(SELL): Negative.
USDCAD(BUY): Positive.
GBPAUD(SELL): Negative.
EURAUD(SELL): Positive.
USDMXN(SELL): Positive. #Positive stands for trade I made money on and Negative is for those I lost.
My biggest win for this week is USDMXN I closed 1/3 of my position with 10,000pips in profit which is more than 200% return on my account and 2/3 of my USDMXN is still running with more than 15,000 pips profit so far. my weekly return is at around +265% of which 200% if from USDMXN (only from 1/3 of the position I closed). That's the power of FOREX!! It keeps paying...have a great weekend!.
USDMXN W FormationOur previous setup got SL hit. The market went for a lower low which I think is the work of big Hedgefunds getting liquidity below the Weekly support, and now they will push the price higher
USDMXN: 2/3 of my position is running with 15,000pips in profit!Takeprofit-2 is on the way! yesterday I closed 1/3 of my position with 10,000pips in profit. 2/3 of my SELL position is still running with 15,000pips in open profit. I will be taking profit along the way but it's most likely this pair will continue to SELL for another 3 weeks. check my previous analysis for better understanding.
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.
USDMXN Weekly Support and Possible Inverted HS We had a beautiful 4H hammer candle close and a possible inverted HS on the horizon. We also have strong weekly support around the 22.75 area which provides a good setup to go long.
USDMXN SHORT TRADEUSDMXN broke lower limit of triangle pattern
Price is based below HVN at level 24.0610 which indicates that pair is in distribution phase
Below SMA 100 on H4 frame
MACD shows bearish momentum
RSI is in downtrend
It's expected going down testing daily support level at 22.0264 which corresponds to 127% Fibonacci expansion
USDMXN: BOOOOM 10,000 pips to the bank!! made 200% on my accountwhat did I say about selling USDMXN? I Said SELL!!!!!! my TP1 level has reached!! 10,000pips to the bank!! made more than 200% on my account. checkout my previous analysis for better understanding!
USDMXN BUY IDEAHi Traders,
Have a look at this idea and see how it can fit into your plan.
Good luck!
Fibz
USD/MXN - 4HR - Going Long after end of triangleUSDMXN - The pair is forming a triangle to complete purple wave 4. The triangle pattern is also forming another triangle as its green wave (e). The Wave Principle allows a triangle inside a triangle only in wave e.
HOW TO TRADE THIS SETUP -
Wait for price to break out of the green wave (e) triangle and look for buy setups to complete purple wave 5. The confirmation level is at high of blue wave (d). The whole triangle setup is invalidated when price retraces to 23.16708 where green wave (e) retraces below green wave (c).
USDMXN Symmetrical Triangle Breakout IdeaHello everyone - this is just an idea of a trade I am going to take if I see a candle crossing the 38.20% fibb.
USDMXN symmetrical trianglePrice formed a symmetrical triangle, looking for the break of the triangle to buy or sell depending on the direction on of the break.
Please support the idea and share your thoughts on USDMXN!
Good Luck and Stay Healthy!
USDMXN SHORTAn expectation of a continuation of a drop move based on the Weekly Volume and the Daily volume
USD MXN AlzaLa fecha indicadora de compra y venta, esta hacia el lado de "Compra" , esto le puede decir algún trader que tiene que pasar a venta y abrir operaciones Short.
Hay más publicaciones indicando Short.
En mi caso personal seré el Toro que se pelea con los osos comprando en $23.94900 y cerrando operaciones a $24.10
Fundamentos bajistas:
En méxico ya se quiere reactivar la economía.
Mes de junio y Julio tienen ser un poco más volátiles y ir a la baja.
La tasa de interés por parte del banco de México disminuyo para prestar más dinero
Fundamentos alcistas:
Vale kk el gobierno
Punto Neutro
Esperar hasta el 15 de junio para saber un poco a donde ira el precio.
GBPJPY: Summary of my losses and my $110k+ profit for this week!Sorry for the late update, I was busy today. I made 70pips on GBPJPY and for GBPUSD my stop loss was filled at -40pips. EURGBP stop loss was hit at around -40pips, for NZDUSD I lost just under 500 USD. GBPAUD SL hit at -50pips. overall today I lost just under 15 hundred dollars. however, I'm up more than 110k for the week. this is the power of FOREX if u are dedicated it keeps paying!!!
the only open position I have is USDMXN which I sold on Thursday, as of now I'm up more than 3,000pips on USDMXN. If you haven't sold this pair yet, pls don't follow me. a great SELL is coming for USDMXN in the near future! checkout my previous analysis on USDMXN to get a better understanding. have a great weekend!!!
USDMXNTriangle formation getting printed at the top of USDMXN, been following action price in this one. Daily candles had been respecting the triangle trendiness pretty good. Until a couple of day a daily candle broke outside the trend line and come back quickly inside the consolidation area.
If you see at lower timeframes you would be able to find several patterns that gives sales entries but the most important one is to see that this time price has not been able to to reach the upper trend line. Lets leave the prices to do what if do best, surprise us
usdmxnwe expect a big sell from the area showing 0n the chart, if you have feedback or questions pls comment below,
Stay Inspired!
Ali Dib
The Chart Trader
USDMXN - BEARISH SYMMETRICAL TRIANGLE For months, USDMXN has been extremely bullish, however prices started to make converging swings, forming a symmetrical triangle. Prices broke out with a lower low and restested structure with a lower high which lined up with the 50% fib level where we often look for entries. My stop loss is above the wick and target is at the 161.80& Fib extension.
USDMZN - new trade! Last one hit +3%, lets see!Very simply strategy, the chart speaks for itself.
For more information on our strategy please view our 'Scripts' page on our Trading view profile.
Our V2 strategy shows the SL and multiple TPs on the chart too.
Works on all instruments
Directly onto your own personal trading view - all devices work
Non repainting
Regards
Darren
Blue FX
