It´s been the right thing to wait with any recommendation in the mining sector. But now I feel the time is right. As explained I believe silver has a great potential over the next 8-12 months. The best way to play a multi-months rally in silver are some of the best but currently beaten down silver mining stocks. First Majestic Silver without a doubt is one of the...
Another silver stock that I really like and that I have already recommended in the past is Endeavour Silver Corp.. Although Endeavour had some issues in the last couple of months I continue to believe in Bradford Cook and his team. Endeavour was one of the best performing silver stocks in the first half 2016 and should offer massive leverage in a new silver bull...
USDMXN Now it is move to make wedge pattern, We can wait it break up to buy , or wait it throwback to trendline for buy is ok.
$CX is an interesting company here. I have liked the negativity surrounding Mexico, and emerging markets since Trump got elected, now we have a solid breakout on strong volume, and a potential monthly and even quarterly uptrend taking off from here. $CX has had strong growth in the past quarter and year, I think it can be a solid performer going forward....
With Banxico raising rates to 7% I think $16 is a possibility for the Peso in the coming weeks. I posted about the Peso being oversold on Friday and longed it back to $18, however I am short for the rest of the week.
Peso looks oversold here to me. Going long looking to exit around 18.01
The Mexican Peso is now trading above the US Presidential Election key resistance level. Price could soar from here, we can enter longs and add on dips, or average in during a few days to a month. Returns are over 10% at the very least, in the coming 2-3 months. Negativity against the Peso kept many traders skeptical of this rally, all the way up. This is usually...
Hovering on strong resistance as the Mexican Peso once again has a run of strength versus the US Dollar. Can it break these levels around 18.3 to target early 17's? Bounce here could see support at just under 19?
Encontramos una linea de tendencia bajista con un punto clave de resistencia y tendriamos una posible venta del Oro Dolar Americano. Con un Stoploss hasta el siguiente punto clave con 34 pips y con una posible ganancia de 77 pips hasta el siguiente soporte clave del grafico.
Análisis que hicimos en la clase de HouseTrade con Justin Adams, Master Trader de SwipeTrades de iMarketsLive, el Par USDCHF muestra un retroceso y es probable que llegue al punto clave del Fibonacci 61.8% y de ahi al ser un movimiento en corto de alrededor de 100 pips con un StopLoss de 30 pips cerca del punto 1.00477, por lo tanto podriamos poner la alerta con...
This is one of the setups I'm looking at for next week. The USDMXN on the daily has one of the cleanest trends of any pair recently. However, it has been overextended and is nearing the 200% Fibonacci extension level. At the same time, there's a very strong demand zone close by, around the 18.30000 level. Last time that price dipped into this level, it shot up...
I have been saying this on my blog for two weeks now calling for the Mexico bottom and the Peso bottom. I was ridiculed for shorting USDMXN at the 22 dollar level and look where we are now?? I expect this to continue to under 19.50 IMO.
I'm bullish on this pair, and the dollar overall, in the longer term, but right now, we're seeing a correction in this trend. Within the next 2-3 days we can get a signal to reenter longs in this pair, so keep an eye on it. Support below is significantly strong, so it wouldn't surprise me that we bottom very soon, and see a sharp continuation of the initial 'Trump...
After a 61.80% FIB rejection, my next target is going to be the 23.25000 ABCD movement strategy
GM is an excellent company to own for the long term. That being said, outside of a core long term position in it (something like 10% is perfectly fine), we can also trade and profit from volatility, both on the long side (adding trades with trailing stops, and adding to winners) and on the short side (selling calls against our long term longs to profit from...
This is only a trading capability - no recommendation !!! Buying/Selling or even only watching is always your own responsibility ... .zip (with PDF`s) @ my Google Drive In percents away from all-time high & low by last close (1482 Cross-Rates) drive.google.com Best regards :) Aaron
SL above X (20.8234), entry 20.7806, targets 20.7002, 20.6488