USDMXN Bullish ABCD

2019년 10월 24일

I entered about here. Seems to be a bit past the 1.272 already but that's never perfect. Use a tight stop as invalidation of ABCD is not far below.

Good luck traders.

2019년 10월 29일

노트

the mistake in this trade was taking it too early. luckily I did hold onto it and we have now some positive price action. We'll see what we get for the rest of the week

updated ABCD with full 1.618 ext..

2019년 10월 31일

노트

nice

2019년 11월 8일

노트

really enjoying the fees on this one

2019년 11월 12일

노트

finally

2019년 11월 12일

노트

takeaway on this trade is as always: patience. target 1 is hit now, (AB leg bottom) I am looking to close mostly at target 2. Swap fees pretty high now because the entry was taken too early. A learning point for the future, but still a good analysis and now a good trade also. I normally don't like to hold positions so long as fees affect your judgement, so much so that I added to my position here last night and closed BEFORE the pump. These are symptoms of bad trade practice...can't be repeating this mistakes going forward.

2019년 11월 12일

노트

Target 2 on the chart is still accurate btw. BC leg height - not affected by CD leg extending all the way to 1.618

So TP is auto set for 19.7