Lanmar
Long

Long dollar short mexican peso

FX:USDMXN   U.S. Dollar/Mexican Peso
268 0 1
Weaker Mexican Peso ahead
Comment: Trade Reflection
Target Hit: off by .8% out of 18.7% reward (off by 8 basis points out of 1807 basis points). Consider this a target reach
Target Trailed, why: No
Stop Hit: No
Signal for entry: Trend following pennant breakout. Monthly close above major high/
Trend continuation post stop breach: N/A
Risk/Reward: 1:1.7
Poor Stop Placement: Not shown, although 12.75 is stop.
Risk %: 13.5%
Reward %: 18.7%
Fundamental overlay: Yes
Would you take the trade today? What would you do differently?: Try to justify a better stop placement to enhance leverage without getting kicked out of the trade for too much leverage.
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