ShirokiHeishi
Short

Lets go south of the border

FX:USDMXN   U.S. Dollar/Mexican Peso
34 0 2
I am not a fan of this pair as much as I am not a fan of USOIL             , but I am thinking oil             is overdone and as it happens CMF             (26) is bearish here along with WPR(9) sniffing around the oversold zone. Not a perfect setup, but if the Tenkan turns south for the border, I may ride that train too. Gonna think about testing the Kijun-sen as a pullback seems to be coming. Stay tuned amigos.
Order cancelled: This idea is null and void. CMF(26) has turned positive and there seems to be no sign of a bearish turn. Instead we are now looking at a normal corrective pullback at this time.
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