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U.S. Dollar / Mexican Peso

18.73300MXNR
−0.03850−0.21%
At close at 21:23 GMT
MXN
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USDMXN trade ideas

View on USD/MXN (27/10)Potential low spotted. We could likely to see price heads up higher. Good entry for high RR trade. Disclaimer: The information contained in this presentation is solely for educational purposes and does not constitute investment advice. We may or We may not take the trade. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. I am not responsible for any liabilities arising from the result of your market involvement or individual trade activity
Long
by imjmesl
1
USDMXN SELL INTRADAY TRADE IDEAHello everyone, if you like the idea, do not forget to support with a like and follow. We have an 1H ICI Momentum pattern, where we will enter on the 15MIN TF, we can see that the area of entry is a structure where it has been tested multiple times in the past, and currently testing it again, once we get a close below the structure we will see a continuation of the bearish for this 1H trade. Trade Signal SELL Entry: 20.19474 Take Profit: 20.12726 Stop Loss: 20.21950 Good luck! All Strategies Are Good; If Managed Properly! ~FX_SHIFTER
Short
by fx_shifter
USDMXN: SELLBased on our Fibonacci drawn from high to low on this daily time frame, we can clearly see that price has stopped at an entry zone for bears. Another confluence for this entry zone is the horizontal line drawn at the 61.8 level of the Fib, and as you can see price has touched this area a few times now. If you take this idea, make sure to set your stop losses based off of your risk management plan, and expect for take profit levels to be around 19.0706 and 18.7472 .
Short
by cupofconfidence
Short on USD/MXNI believe the political pressure coming from around the world is forcing the USA to re-evaluate their trading agreements. Consequently, Either Canada or Mexico will greatly benefit from increase price of petroleum and plastics. We know the level of security in Canada is miniscule compared to that of the Mexican border, however Mexicans are notorious for their excellent quantum "tunneling" capabilities. I recommend shorting USD up to at-least a comfortable level of support. I will not participate on this trade, however I would just like to pitch the idea for those curious.
Short
by Flinsword