EWW to rise if Peso pulls back EWW entering RSI oversold conditions, peso is also testing recent highs that will more than likely pull back from. Expect EWW to move above current level if peso pulls back by ZenithG5
OPENING (IRA): EWW DEC 20TH 39 SHORT PUT... for a .57/contract credit. Notes: One of the ex. U.S./Canada exchange-traded funds I looked at over the weekend with a yield that exceeds both TLT and U.S. broad market. Selling the 20 delta or so here, looking to acquire at a discount over where the underlying is currently trading. Cost basis of 38.43 if assigned; otherwise, I keep the premium ... .Longby NaughtyPinesUpdated 5
Bounce Off Support EWW starting to get into over sold conditions - Peso is showing signs of Resistance of ~19.28-19.30 and expected to pull back therefore increasing price of EWW by ZenithG3
Pull BackRed arrow will show recent resistance, couldn't get past resistance level. Stoch RSI & MACD also favor a pull back. Wouldn't be surprised if a range between 40-42 is maintained by ZenithG3
Interesting ChannelsLooking at these lines drawn all over, using the monthly ,weekly, daily, and 4-hour, we see that the shares are hitting a strong multi-decade support area and are trading at the bottom of several different channels. I think, that a buy at these levels, shows a significant margin of safety for future growth trends as Mexico will benefit from its proximity to the US and being a trade partner with the largest economy in the world. Maybe I am wrong and this continues down another 15% to a point of huge support, or maybe it crashes through to levels not seen in decades. However, with a 15% stop loss from this period, you could see a potential 6:1 risk:reward in buying a position at these levels for a long-term swing trade.Longby IAmSpoliUpdated 111
EWW Mexico double bottomLooks to me like it's headed towards another bottom. No reason why it should go up anyways, their whole country was downgraded last week. If Feds don't cut rates, this will tank on the currency exchange alone.Shortby hungry_hippoUpdated 10103
EWW Fade the Mexican gapWent long on EWW with profits from my GM puts, I'm betting that the Mexican president will respond with some BS to placate Trump over the weekend. Small play, next week calls, only 10 contracts. This one is gonna be hit or miss I think.Longby hungry_hippoUpdated 1
EWW Mexican Bear FlagWhen in doubt short garbage, in this case the whole country of Mexico. Looks like a bear flag/H&S pattern.Shortby hungry_hippoUpdated 3
Trade war opens opportunity in Mexico (EWW)Mexico is relatively cheap compared to other emerging market stock exchanges. In addition, I agree with several analysts that Mexico could be the winner of the trade war between USA and China. My investment strategy indicated a buy signal for EWW on May 21, with a target price of ~48 USD/share (expected profit of ~7.5%).Longby VxStein0
Mexico ihs triggeredLooks like Mexico has broken to the upside. Should see 49 in a few months or soLongby Astatine0
Just saw this EWW bullish set upNo trade just looks like a good long set up. Good recovery. Looking like its finding support.Longby TradeDocta0
EWW MexicoWhen in doubt, short garbage. Candlesticks tend to work well on EWW, and the Mexican market goes down when the US market goes down. 2 day trade with weekly puts, though the safer play might be next week's puts. Shortby hungry_hippoUpdated 0
EWW Mexican Bean Bounce20 contracts, next week's calls for kicks and giggles. They'll probably pump the markets while we're on holiday Monday. Looking for a bounce back to $45, will close out the trade Tuesday afternoon regardless of where it's at.Longby hungry_hippoUpdated 1
EWW Short MexicoMexican market keeps testing support, if it breaks down, EWW is headed straight back to lows. Small position in puts with EWZ profits only.Shortby hungry_hippoUpdated 1
EWW BreakoutBreakout and momentum play with weekly calls. EWW options have good liquidity, going with weekly options for the gap up tomorrow. Dumping if it gaps.Longby hungry_hippo2
Mexico shortAMLO haven't take over power and EWW is going down to the fibonacci limitsShortby showerreportUpdated 111
retest of bottom lineDefinetily short here with all the turmoil Lopez Obrador is in, do not expect good news on Mexican markets, resistance found and now is going to retest bottom line. tp and sl as set on the chart. Shortby coker.sergio13
EWWSo this is a example what our ForkTrading Members get as a potential trade signal. Of course, not all our ideas transform in to dollars, and never will. But we trade with a very high probability, especially when using Options as our trading vehicle. This was a nice RiskReversal. We sold Puts and bought Calls in a ratio of 1:2, profiting from a steeper gain curve vs. a flatter loosing curve. This means, that if the trades goes in your favor, you earn more then you would loose when price is going against your position. At ForkTrading we combine optimized cost bases with high probability trades, and always focus on our risk. Interested in ForkTrading? The free ForkTrading BLUERINT and the free membership is the ideal starting point. We are a friendly and happy trading crowd from all over the world Join us, if you like to learn how we earn ;-) P!by Tr8dingN3rd4
EWW - Long and postedEWW is a trade I posted in the ForkTrading members area. The Centerline was reached and the breath to the downside filled the lung to take a jump. It's on it's way and we keep a close eye on it. GL Forkers & P!Longby Tr8dingN3rd3
UPDATE: A remake of USDMXN & EWWHi guys, thank you for the support! I will have this analysis out each weekend as well as daily updates throughout the week, if you guys like what I'm doing hit the "follow" button and you will get a notification each time I post a video or chart! Have a great day everyone!06:07by UnknownUnicorn2664861116