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Realisto_FX
May 4, 2015 3:56 PM

USDMXN : Bearish gartley Short

U.S. Dollar/Mexican PesoFXCM

Description

We could have a bearish gartley pattern for USDMXN . SL above 15.61 on a daily close

6 Trading Rules :

1. Never add to a losing position .
2. Don´t be the first to buy low and sell high .
3. Think like a fundamentalist, trade like a technician .
4. Keep your analysis simple
5. Start small and increase exposure when trend is confirming your analysis
6. The hard trade is the right trade
Comments
Realisto_FX
UPDATE : I´m exiting this trade @ 15.23
Realisto_FX
UPDATE : Move stop to 15.31
Realisto_FX
UPDATE : Trade moving slow , but still active
FOREXTRENDRIDER
good idea sir please mention the entry point sl or tp your all ideas
Realisto_FX
The way I trade is to mention always the SL (on this case 15.61 on a daily close) , but open target profit according progress of the trade (I update the post once I move SL) . If you focus on keep SL under control, profits will come through
Realisto_FX
@FOREXTRENDRIDER , move stop to break-even
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