USDMXN - Who needs Dos Equis when you have a DOUBLE TOP

1 juil. 2016

USDMXN is showing great signs of a double top. The 19.4000 is holding nicely and if price (as of 7/1) can get below 18.0500 and find the June monthly pivot, I'll be looking for a short-term buy to the July monthly pivot, then a clean sell to the center low towards 17.200 or lower. This is a HUGE PIP trade, it is important to know your margins and trade size. More trades like this can be found at DAYTRADERS FX with live sessions and on-demand videos.