Trump lead currently pounding the MXN. Here is the play on MXN on election day in US and 2 days afterwards. If Trump wins volatility will explode on MXN, thus pushing quantity of setups on micro TFs into high levels, creating many oportunities. Using elections as macro pattern (not being biased by who wins, if he doesnt win, you move on and skip the trade). The thing is it doesnt matter which direction MXN will move, in fact it could just as much be massive up move on MXN if market has priced in election risk, the only thing that matters is expansion of volatility and let the 10 sec and structural targets do it job. This is how binary events should be played, you cannot guess outcome, but you can actually strategically use volatility and time window in your favour.
- #407
- Nov 1, 2016 11:56am Nov 1, 2016 11:56am
- Joined Jun 2009 | Status: FXCM Representative | 5,808 Posts
- #408
- Nov 2, 2016 4:58am Nov 2, 2016 4:58am
- Joined Sep 2010 | Status: Trader | 2,034 Posts | Online Now