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Mexican Peso/US Dollar

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MXNUSD trade ideas

USDMXN Trading Plan - 17/Jan/2023Hello 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 evolve anytime, hence, always do your analysis and learn trade management before following any idea.
Long
by For3xScalper
USDMXN - POTENTIAL SHORT ENTRYUSDMXN OUTLOOK Price trading inside bearish channel and might retest the previous key order block where it rejected. If it reaches there again, there might be a potential opportunity for a sell. We had already marked the Key Level, but will make sure to look out for the price action before making any entries. Impulse Short entries can be taken once price rejects that region. We had our sells set up with potential downside in the R:R ratio of 1:6.
Short
by happyastronaut
1
Shorting the USD/MXN - Surfing the trendWe are shorting the USD/MXN at the market price with DMA CFDs because our trend following systems are giving us short signals. MXN is strongly bearish at the moment, with very little strength (-32 on the weekly chart and -39 on the monthly chart). The price is below the 210, 70 and 14 SMAs in the weekly chart and there are opportunities to surf the trend. Opening price: Market price Volume: 0.1% of our portfolio Risk: 1% of our portfolio Trailing stop loss: 6% of our portfolio Target: Trailing stop loss, or 18,300.
Short
by blockmas
USDMXN Trading Plan - 10/Jan/2023Hello Traders, Hope you all are doing good!! I expect USDMXN to go Up after finishing the 4H 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 anytime, hence, always do your analysis and learn trade management before following any idea.
Long
by For3xScalper
12