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Sep 20, 2015 12:58 AM

BUYING THE NEXT PULLBACK. TAKING ANY OPPORTUNITY ON THIS PAIR  Long

U.S. Dollar/Mexican PesoFXCM

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MY NEXT USDMXN 60 MIN TRADE LOOKS LIKE THIS

I AM AWAITING PRICE TO BE REJECTED CLOSE TO 16.700 ZONE (-ISH) AND COME BACK TO THE DAILY PIVOT ZONE.
FROM THERE I WILL ENTER LONG AGAIN AND TARGET THE WEEKLY PIVOT ZONE.

NOW IF PRICE DIPS UNDER THE DAILY PIVOT ZONE THEN WAIT FOR PRICE TO BREAK-AND-STAY OVER THE DAILY PIVOT LINE AGAIN
- SO YOU CAN GO LONG WITH A TIGHTER INITIAL STOP. THIS SINCE THIS ONE LIKES TO MOVE A LOT.
NEEDLESS TO SAY MAYBE BUT LOCK IN YOUR TRADE ASAP TO MAKE IT RISK FREE ASAP.
ONCE PRICE HITS MY TARGET ZONE I MIGHT SELL IT AGAIN.
Comments
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spot on
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