I'm sure, the green candle we just saw, is a pump, on twitter the hashtag "dollar" became a trend in Mexico. + the publication of banxico on your twitter account this favored the price to increase. let's see the green volume is as high as the previous candles. and the price fell again i'm sure this pattern will repeat itself. At last we are one step away from...
Hello everyone, this week our scaling in trades did not work out. However no need to get discouraged because there is still plenty of money to be made. From a Weekly perspective the market created a nice M formation and is near the Weekly resistance level from Jan 2017 Also we have beautiful confluence of the fibonacci 0.50 and 0.618 levels. Our target is the...
USDMXN is my biggest win since March. In March I made more than 50,000pips (BUY). last week(SELL) the market hit my TP1 with a 200% return on my account and T2 is underway, as of now I'm up 18,000pips for TP2. checkout my previous analysis for a better understanding on my USDMXN positions.
Week ahead: GDP and Inflation It is a busy week ahead for the markets as the Coronavirus is still front and center. Oil is up 75% in the past month while tensions between the United States and China escelates. Traders and investors should take caution when entering into the markets this week.. As of today, the Coronavirus death toll stands at 343,116 as the...
Price recently broke out of channel, expecting price to reach 22.11 as this market looks very bearish at the moment. Short position was taking at 23.00, will be looking to add to my position.
GBPNZD (SELL): Positive. USDCAD(SELL): Positive. GBPJPY(SELL): Positive. EURGBP(BUY): Positive. NZDUSD(SELL): Negative. GBPCAD(SELL): Positive. AUDCAD(SELL): Negative. USDCAD(BUY): Positive. GBPAUD(SELL): Negative. EURAUD(SELL): Positive. USDMXN(SELL): Positive. #Positive stands for trade I made money on and Negative is for those I lost. My biggest win for this...
Our previous setup got SL hit. The market went for a lower low which I think is the work of big Hedgefunds getting liquidity below the Weekly support, and now they will push the price higher
Takeprofit-2 is on the way! yesterday I closed 1/3 of my position with 10,000pips in profit. 2/3 of my SELL position is still running with 15,000pips in open profit. I will be taking profit along the way but it's most likely this pair will continue to SELL for another 3 weeks. check my previous analysis for better understanding.
Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
We had a beautiful 4H hammer candle close and a possible inverted HS on the horizon. We also have strong weekly support around the 22.75 area which provides a good setup to go long.
USDMXN broke lower limit of triangle pattern Price is based below HVN at level 24.0610 which indicates that pair is in distribution phase Below SMA 100 on H4 frame MACD shows bearish momentum RSI is in downtrend It's expected going down testing daily support level at 22.0264 which corresponds to 127% Fibonacci expansion
what did I say about selling USDMXN? I Said SELL!!!!!! my TP1 level has reached!! 10,000pips to the bank!! made more than 200% on my account. checkout my previous analysis for better understanding!
Hi Traders, Have a look at this idea and see how it can fit into your plan. Good luck! Fibz
USDMXN - The pair is forming a triangle to complete purple wave 4. The triangle pattern is also forming another triangle as its green wave (e). The Wave Principle allows a triangle inside a triangle only in wave e. HOW TO TRADE THIS SETUP - Wait for price to break out of the green wave (e) triangle and look for buy setups to complete purple wave 5. The...
Hello everyone - this is just an idea of a trade I am going to take if I see a candle crossing the 38.20% fibb.