UnknownUnicorn1372988

USDMXN Bullish Extension

Long
FX:USDMXN   U.S. Dollar / Mexican Peso
Trading method: RSADVANTAGE Stage 5 system setup 95% accurate system manually forward tested over 3 years designed to stay out of ranging markets and only target strong trends. In this situation we are now waiting for Awesome Osci to go into positive territory for trade entry confirmation for movement to the downside. Market execution for entry, confirmation will be required for entry.

Risk Description: Once signal is confirmed 9000pips will be up for grab with small risk SL at swing low.

Profit expectations: 15 day trade length expected before hitting profit target I will post exit strategy when signal receives a exit signal.
Comment:
Signal is very close to executing

Updated SL18.45754
Comment:
Signal has become invalid on the last candles as ranging conditions may be up ahead for USDMXN.
Comment:
Comment:
Stage 5 system was updated 12/17/2017 with improved entry 5 year back tested strategy. We missed a entry signal by 4 days 2430pips of profit. USDMXN will most likely start to reverse at 19.16xxxx as strength will start to slow down for this pair
Comment:
If you are in this trade, you should look to take profit as we can start to see a reversal in the next couple of days. 8139 pips missed on this swing idea but we will keep our eye on EURTRY, USDMXN, USDTRY for massive profit opportunities.
Comment:
my biggest regret of Q4 was not pulling the trigger on this one. Time for a correction.
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