Daniel.B

Long Update (Area to scale back in)

Long
FX:USDMXN   USD/MXN
4
Hey all hope you've all been well, happy new year! Well have been in this trade for a couple months now. I've been putting in short term trades in between holding the overall position to make up for the negative swap.

At the moment I hold a small percentage of the overall position so now I'm looking for areas that could potentially serve as "long entry" points. To begin scaling back into a full position size again. As you all might know by now I keep things very, very simple. So the support I see is around the 17.2000 area. Which is also roughly around the Daily 50-Moving Average.

Cheers, happy trading! =)
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