Daniel.B

Limit Orders Filled. In The Trend Once Again.

Long
FX:USDMXN   U.S. Dollar / Mexican Peso
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!
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.