FX:USDMXN   U.S. Dollar / Mexican Peso
65 5 1
As it seems that the downmove is over let's asume that the uptrend will be resumed.
First tranche of profit carried into the barn. The rate often pauses at the medium line, that's why I holdout with half of the position now only.
ForceFollower motleifaul
You had it right. It's gone high enough to call it successful.
motleifaul ForceFollower
Yes, let's call it a deal. I take the profit all out. Let's look for another chance anywhere. EUR/JPY short is my tip.
ForceFollower motleifaul
Take it with caution thiugh. They yen is very weak... I am actually stalking GBP/JPY to go long at a good price...
Hi! I'm not trading this market, but if was, I'd rather be looking to go short. I wouldn't particularly like the big double tops, no new highs, intensive selling at each of the smaller tops. Here's how I'd see it:
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