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Daniel.B
Feb 19, 2016 4:02 AM

Limit Orders Filled. In The Trend Once Again.  Long

U.S. Dollar/Mexican PesoFXCM

Description

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!
Comments
moneymaking
Perfect entry mate, very low risk high reward :)
Daniel.B
Thanks man! Appreciate the input! =)
moneymaking
Your Welcome :)
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