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MOGBEBOR
Nov 10, 2023 1:17 PM

USDMXN - SHORT Short

U.S. Dollar/Mexican PesoFXCM

Description

Selling only after the retest of the HMA
**This is just my trading thought process and does not constitute as financial advice.
**Please trade with proper risk management**

Trade active

TP# 1 - Hit

Comment

TP #2 HIT

Trade closed: target reached

TP#3 HIT
Comments
mybiglots
Thank you for sharing, its a challenge to find analysis on the Peso.
TheFxAce
I'm impressed by the detailed analysis that supports your short call.
MOGBEBOR
@TheFxAce, I like to keep my trade setup simple. I note that support and resistance and I use the HMA as my entry point. Although only the HMA is shown here.
GlobalHorns
Glad to see a fellow trader trading this pair.
MOGBEBOR
@GlobalHorns, I keep an eye on this. It is advantageous going short when there is an opportunity as you also collect the positive swap fees as well.
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