I have started this week with a pair hitting my Trailing Stop Loss. It ended up with 312 pips gain. What a wonderful journey. And now I am down to 2 open swing positions and still yet to find out when will they finally hit the set Trailing Stop Loss. In the next coming weeks, I will also start testing a new improved Swing Trading Strategy and I am so excited...
Buying only after the break above the HMA and the retest of the HMA **This is just my trading thought process and does not constitute as financial advice. **Please trade with proper risk management**
trying another long here after we are under the 0.382 fib level the position is small, and I will add if we make a new low.
Fundamentals : Unsure Rejection Confluence: 200ma+200ema+kijun rejection+50/61.8 fib rejection close below 50ema and 50 kyan tk twist
This pair has been on a downtrend for the past 4 years. It has finally reached a zone of demand!! So yeah it seems like a BUY to me!
eurmxn upside move possible buying above the 18.39697 stoploss 18.14601 target 18.87855
This is high probability trade based on transient and recurrence theory. Signal is for a long position with a 89% success. TP 18,85
With oil rising, this should boost oil currencies. I believe that the EUR will continue to fall for Q3 and Q4 2023.
Eur/Mxn has a reversal pattern on the daily time frame. The Reversal Pattern is a double bottom reversal pattern. Price has given me and buy signal on the 15 min time frame. I will buy this pair for a swing trade high and my stop loss will be under the green box area on the chart.
looking good if it continues to the downside we will consider executing a trade for big profits
My actual and more recent status from la Paz, MX. Expecting mainly, shor term EUR strenght (LONG) and medium long term MXN to remain and keep strong (SHORT). I put the zones which I see interesting. Mexican Peso will remain strong however I see that in short term is will get a bit weaker. So those zones are OK to keep milking. Iniatially I'm LONG and then if...
Demand in 4 hr timeframe have been failed, eurmxn go down
Because of the USA CPI all the Major currency and cross currency will make good movement. The pair will sell today
The price will go down. Head and shoulders. after head and shoulders the price should go down.
EURMXN created new supply zone, so Short bias Tell me what do you think?
There is a falling wedge pattern already formed. There is a very high probability of the pair breaking to the upside. It is safe to take a trade after a breakout and a retest.