U.S. Dollar / Mexican Peso USDMXN

Estrategia MAAW

We are back at the support, as a trader I trade in low risk to high reward so for me this is a buy situation. If it fails to break the support and go up -> WIN If it breaks support and goes down -> SMALL LOSS My green zone is a bit higher because of the spread, if you wanna enter a trade wait for it to be ~300. Cheers everyone have a nice easter!

Hi there. Price is forming a continuation pattern to the upside. Watch strong price action at the current price for buy.

As we can see, this pair, along with many emergent pairs, are looking extremely corrective. This pair, in specific, has lost both 50/100/200 emas, leading me also to believe a big correction is coming for most pairs as well! A little secret that i'd like to share with you all, is that i have been using specifically emerging markets as a source to track the dollar...

If our analysis on the daily chart is correct (see chart below), the pair should complete the corrective structure (ABC) and we will try to take long position around (C) area with stop below the low. OUR DAILY ANALYSIS (Click and Play on chart) If you think this analysis can be useful and you...

Strong Downtrend. Don't rush to enter the market. Wait for pull back.

Hi All, Opening a buy on this pair . Target 30-60pips. Buying the range . SL to entry as always . Many Thanks.

Against Main Trend. :)

Updated View On USD/MXN (16 Apr 2019) Back Ground: Hola. We are seeing a potential further Bullishness on this pair USD/MXN as MXN shall soon start to weaken. It is lil too early to tell so. I see the level such as 18.4 is a potential swing entry. Target(s): UP 19.1 (TP1), 19.3 (TP2) SHTF: 18 will be a good support region. DYODD, Our trade analysis may not...

Wait for the market to come to you. Don't play yourself, play the game. Let the banks show you the real direction.

I like to plot USDXXX and XXXUSD against DXY or Equally Weighted USD Indices like the EWI I prefer because then you can tell if the USD is devaluing faster than the other currency of the named pair, in this case MXN. First thing I notice is the strong correlation. Even though quoted in USD a pair does not have to correlate that strong if the other currency is...

TRIANGULO SIMETRICO CON CORRECCIÓN ABCDE, CINCO ONDAS CULMINADAS DENTRO DEL RETROCESO ETIQUETADO COMO "E" ULTIMO RECHAZO EN UN BLOQUE DE COMPRAS QUE TIENE CONFLUENCIA CON RETROCESO FIBONACCI Y CON LA LINEA DE RESISTENCIA A LA VELOCIDAD DEL MISMO TRIANGULO, POSEE DIVERGENCIA EN EL OSCILADOR LO QUE INDICA QUE PODRIA TOMAR IMPULSO ALCISTA Y LO MAS INTERESANTE ES QUE...

Hello Traders! From a technical point of view, the pair should have completed the impulsive structure (12345), and if our analysis is correct, the next swing should trigger something like a corrective structure (ABC). That being said, we will be looking for some BUY OPPORTUNITY on the intraday chart. NOTE: Later we will also publish analysis and setup on the...

Buyers flocking in headed up toward the gap.

Price is respecting a very strong support. It has volume anomaly and it also broke trending line. Risk 1% of your capital. Past profits are not indicative of future resuslts. El precio esta respetando un soporte muy fuerte. Hay anomalía del Volumen. También rompió una linea de tendencia. Arriesgar solo el 1% de su capital. Ganancias pasadas no garantizan futuros...

On the hourly chart of USDMXN, the price has is forming an ABC bullish setup scenario. Before the recent trend change, there was an AO indicator divergence. Currently, the instrument has retraced to the previous fractal, which I consider as a strong level of support and an optimal level to go long. SL level - the fractal that is below the red Alligator line, TP -...

what do you guys think?

:)