MOSTLY Clear Sky USDMXN up to 22.66. LONG order placed 10.72 R!!

LONG order placed for the open tomorrow night. Expect price to retrace a bit so I expect it to fill. Decided on a tight SL on this one to maximize profit. Will RISK 1% on trade because funds tied up in other trades and I dont like to play with leverage but easily this trade could risk up to 1.5%. MACD pointing higher and crossing ZERO with BULLISH Divergence suggesting New UP TREND taking shape.

Entry = $20.50030
SL = $20.29813
TP = $22.66
10.72 R Expectancy

Kommentera:

Trade NOT FILLED Yet. Price only came down to $20.53. Limit order was $20.50. However, the trade is doing what I expected. Price is now at resistance so we should see a pullback of some kind. If the opportunity arises I will plan to enter on my next BUY signal. I will update as this unfolds.

Kommentera:

OOHH,...I may get another chance to BUY at $20.50. Will watch price action and decide

Handel aktiv:

Entry LONG here @ $20.56.
Same SL as discussed above.

Handel aktiv:

Trade still active but close to SL getting hit. May get stopped out of this one, but such is life. If it does I will reevaluate for potential entry at another level. We will see what happens on Sunday evening/Monday morning.

Handel aktiv:

I have NO IDEA How,...but my SL STILL has not been hit. I fully expect to get stopped out today on this one. Will update later today.

Trade stängt: Stopp nått:

Stopped out and of course looks to be bouncing higher. Well thats trading. On to the next trade.