USDMXN: Trump odds increasing soon?

19 oct. 2016

We are out of the short in USDMXN for a combined profit of 2% in 2 days.
We can flip long here, with a wide stop speculating on a turn after retesting the weekly uptrend mode.
Maybe this suggests 'Trump odds' increase in the polls soon?

Good luck,

Ivan Labrie.

20 oct. 2016

Note

Seems like we were spot on going long, add to the trade, 1/2 size position same stop. We can risk up to 2% with this wide stop. We'll trail it to entry after we have good enough progress.

21 oct. 2016

Note

Instant progress. You may add a shorter term long here too, tighter stop at the low two days ago.



Risk 0.5-1%

21 oct. 2016

Note

***Yersterday's low for the stop

26 oct. 2016

Transaction en cours

Still viable.

1 nov. 2016

Note

Go figure, USDMXN hit the weekly support, and Trump odds increased.

3 nov. 2016

Note

This would be an ok exit.

8 nov. 2016

Note

This was a good hedge to equities falling while it lasted.

8 nov. 2016

Transaction en cours

Shorting, if we don't turn up for the day, we might go way down after the elections.

8 nov. 2016

Note

Good progress, matching initial risk.