traderWgun
Short

3 reasons to short

FX:USDMXN   U.S. Dollar / Mexican Peso
118 6 1
fib counflence, bearish divergence, bearish candle stick.
below the yellow line potenial for more downside.
Any reason doesn't help when the market thinks different. Shouldn't you better close this position as I did?
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traderWgun motleifaul
yes the market has a will of it own. I got stopped out at 13.12.
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3 good reasons.
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This defies what most traders think will happen. Most traders are thinking peso higher, while US equities lower.
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traderWgun QuantitativeExhaustion
aware of this, but 1 most trades are wrong 2 youhave to do your own homewok 3 this is short term, long term this could still be bullish
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Short term bearish I agree. Shake out weaker players over the next few days. Thinking sometime first week of October Peso resumes bullish trend.
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