Hello, I have reasons to believe USDMXN could bounce.
You can wait for the FOMC press conference in 3 hours.
Price is going up.
You may want to buy on a higher high here:
The leg down is very extended and about now would be a good time for a bounce:
It's possible in a few hours news make the price go up very quickly.
I'm comfy because I risk little to make alot, no point overthinking it, this looks good to me.
ความคิดเห็น
⋅
Mooning!
Not touching my stop till we get close to the neckline.
Some people move their SL to breakeven as soon as the price goes their way but I don't want to get kicked out prematurely of big winners 70% of the time.
ความคิดเห็น
⋅
Going back up...
ความคิดเห็น
⋅
Come on that support level held. Can we get some big buying now? :D
Week is almost over, I guess we'll have to wait next week to see if it keeps going up and if we go above the major neckline...
ความคิดเห็น
⋅
Ok time to move that SL up. If it retraces that much again it is not normal. Taking too long...
ความคิดเห็น
⋅
Too slow, too much hesitation, for me not to move my SL.
ปิดการเทรด: ถึงเป้าหมายการตัดขาดทุน
⋅
Just too sluggish and also rollover is so high. I am out, small profit.
ความคิดเห็น
⋅
That's a scam!
If I was still in I'd be trailing. All the way to the moon. To the Bentley.
ความคิดเห็น
⋅
Actually it went all the way to the top of the line I drew.
Time to look back at it...
It would be a big winner, not huge, not like with the pound recently.
If I waited for 3 or 4 R before trailing my stop I'd catch the move.
Well, the concept is sound, but looking at the daily numbers, the MACD still shows this last move down as pretty strong as does the momentum indicators. By all rights, it is due for a bounce up, but I'm not sold that the major move down is over yet. There is/was a 60 minute play for sure. Playing it safe would be waiting for a second move down, at least on the 480 and watching for divergence around the 19.25 level before going long. It may be a longer term play.