Daniel.B
Long

Limit Orders Filled. In The Trend Once Again.

FX:USDMXN   U.S. Dollar/Mexican Peso
80 3 1
Its almost midnight in Manhattan! Lol... anyhow I exited the previous long trade from the 16.5000 area a couple days ago at 18.6750 (give or take a couple pips). Once that was completed I put limit orders to buy at what seemed like logical and clear support at 18.0820.

An initial price target is at 18.7000
The second price target is 19.0000
Leaving 15%-20% of the trade on the table for solid a break above 19.2000

Stops are placed at the red trend line.

Happy trading folks!

Related Ideas

moneymaking
9 months ago
Perfect entry mate, very low risk high reward :)
+1 Reply
Daniel.B moneymaking
9 months ago
Thanks man! Appreciate the input! =)
+1 Reply
moneymaking Daniel.B
9 months ago
Your Welcome :)
Reply
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