DislikedMexico is having big issue with 2 Migrant Caravans from Central America on its way to USA. This could turn ugly. https://www.forexfactory.com/news.ph...7#post11640723Ignored
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USD/MXN buy idea 61 replies
Exotics (USD/TRY, USD/ZAR, USD/MXN, and others) 2,321 replies
Trump's Mexico statements now affect USD/MXN 0 replies
Seeking Broker for USD/MXN Pair 19 replies
Target Level for Mexican Peso 0 replies
DislikedMexico is having big issue with 2 Migrant Caravans from Central America on its way to USA. This could turn ugly. https://www.forexfactory.com/news.ph...7#post11640723Ignored
DislikedI'm long also, my trade from last week got stopped out. Today we reached another good entry zone, trying again. If the market keeps heading south from this point it will signal that there is no longer money in this pair, at least for now. I wouldn't recommend playing this market until we drop into the low 17s.Ignored
Disliked{quote} Hey scotty, are you still holding your longs, had long positions from 19.07 and 19.04 for abt 3 days now, price dropped to 18.87 and is now at 19.06 after making a high of 19.11Ignored
DislikedBTW, USDCAD is a similar trade, I'm long that pair also. These are the only pairs currently worth the trouble of trading IMHO. Everything else is running sideways and quiet (transaction costs kill), or at a place with significant retracement risk. I have my eyes on USDTRY, but the timing isn't on our side yet, this one will be really interesting.Ignored