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rv
Jan 29, 2015 6:49 PM

USDMXN (H4) Long

U.S. Dollar/Mexican PesoFXCM

Description

USDMXN (H4)

Triangle (abcde) brake_out. Retesting process possible.
MACD bullish.
Comments
alfonso.ramos.1485
15.60/15.00 need to break that channel, testing in less than 15 days, today close at 15 even ............
HexVex
Oh BTW. Word of caution for your MSCI Turkey idea. Elections are due here in June. Incumbents are most likely to win although there might be a few very Turkish scandals thrown in the way our El Presidente to stop him from assuming a Fuhrer position. History suggests a short bias taken before the market buys an incumbent win. The chart has lovely waves and until June there's a risk of rocks with jagged edges underneath. I can keep you posted if you like.
rv
thanks. Yes, this did not go very well, other elections also creating ripples.
alfonso.ramos.1485
agree june mexican election rocky times...............thks interesting post
HexVex
Simplicity has a beauty hard to beat with all the noise out there. Smooth trade. Thanks!
jorgegl
good analysis! simple but accurate!
rv
thanks.
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