Rocketman
Short

USDMXN: Mexico! Hayayaya!!

FX:USDMXN   U.S. Dollar / Mexican Peso
62 2 5
Ay Caramba! Mexico is the place to put my money for now. I think this will give me a better return than gold             .

Gold             doesn't pay interest. If the US grows, then Mexico will grow faster.

Pip spreads are high. this is a longer term trade and/or investment on a daily, weekly and monthly chart. So, it will be slow.
Comment:
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Comment:
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Nothing has changed.... tomorrow will be the deal breaker.
Comment:
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Comment: USDMXN and USOIL. The USOIL chart is on the bottom with the IHS pattern:
snapshot


The objective: Short and hold USDMXN until January or February 2017, where I believe my target of 16.00 will be hit. If not, I will reevaluate.
Love this pair. Pays well when the trade set up is perfect. So, you're thinking of buying and holding? I don't trust the feds in relation to the $ very well.
Reply
Rocketman dead2live
Yes, buying and holding the Mexican dollar. This was a short set-up.
Reply
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