TradingView
jasperpf
Feb 19, 2021 2:45 PM

possible direction for USDMXN short term Long

U.S. Dollar/Mexican PesoFXCM

Description

ranked in probability id say
red
yellow
green


set stops and follow price!
Comments
pickerel
wish i had listened to you as i got my face ripped off with this one. Hope to follow more of your thoughts.
jasperpf
@pickerel, hope it gets getter! USDMXN is the one i give the most updates on. hope it helps!
pickerel
@jasperpf, thank you for this. Can you tell me how
1. you make your analysis on this pair?
2.do you day trade it? If so what indicators do you use? I am about to give up on it as i cannot seem to get a grip with any indicator on which way it will move. I loved day trading it but just having no success.
3. How often do you post your thoughts on this pair?
thank you again for your help as i am in a live chat room with simpler trading and nobody seems to trade this pair.
jasperpf
@pickerel, No worries! USDMXN is one of the hardest pairs to trade (also more $ to be made), but again, really tricky!

1-yes we do our own analysis on this pair, we use technical, fundamental, trade reports, and some models to try to predict it.. here i post a simplified version of only technical view
2- we daytrade and mid term trade it, we usually dont use any indicator. just what u see + volume.. search COT report and look for USDMXN pair, thats better than any indicator on graph for this
3- depends on work, we share here just to help but if we are free multiple times a week... really depends on workload
pickerel
@jasperpf, how kind of you to share this info as i truly have felt like a lone wolf out there trading this.
you say "we" do our own analysis. Are you with a company?
May i ask where you get your fundamentals and trade report?
Also sorry to be such a pain but you talk of COT report?
Again thank you for sharing and being kind enough to even respond to these questions and further more post things on tradingview.
To be honest, i am not new to trading or tradingview but never new about the chats etc. I recently listened to a video on navigating the site which showed me all this.
Clearly i should have done this much sooner.
Thank you again
jasperpf
@pickerel,
Sure! you can chat me directly afterwards
yes we are a company, we just share a bit here for fun - nothing to sell for now
fundamentals you can see trade balance sheet of both USA&MEX, on banxico you can search % of local bonds held by foreigners, cot report usually see it in cftc.gov, head to market reports, then financials and finally search for USDMXN pair for both options and futures.. also can see something similar in barchart -- search on google barchart COT, makes it simple... this all works for mid term trades & directional idea!

things like this i dont post here but i post on my twitter, i can make a small video to show you how to access and get the data if that helps
pickerel
@jasperpf, what is your twitter handle? I will look you up and follow you. Thanks again for this info i will look into what you suggested here.
thanks again
jasperpf
@pickerel, same handle as here! any details you can chat me directly on twitter
pickerel
@jasperpf, when i look up jasperpf i get two options
1. is called "Alpha Duck" and it is spanish that might be you?)
2 the other is someone who is social media catered toward fashion??
More