You need to login to view this content. Please Login. Not a Member? Join Us
Mexican Peso Futures—The Mexican Peso is currently trading higher by 24 points at 5001 reversing some of the losses that we witnessed in yesterday’s trade as prices are still hovering right around a 3 month high. I have been recommending a bullish position over the last several weeks from around the 4955 level and if you took that trade continue…
You need to login to view this content. Please Login. Not a Member? Join Us
You need to login to view this content. Please Login. Not a Member? Join Us
Mexican Peso—The Mexican Peso in the June contract is currently trading higher by 28 points at 4954 as prices are hovering right near a 3 month high. I have been recommending a bullish position from around the 4575 level and if you took that trade continue to place the stop loss under the March 8th low of 4575 as an…
Mexican Peso—The Mexican Peso in the June contract is trading higher by 38 points at 4944 as prices are hovering right near a 3 month high continuing it’s bullish momentum. I am now recommending a bullish trade while placing the stop-loss under the March 8th low of 4575 as the risk is around $1,800 per contract plus slippage and commission…
TRADING THEORY—Never answer a margin call because you are probably over trading and most likely the position is going against you and probably have lost much more than 2% on that trade. Never allow this to happen to you because you always want to have sufficient margin in your trading account just in case the exchange raises margin and that…
How long does a meaningful consolidation has to last before you enter a trade ? In my opinion I always want to see a consolidation that lasts at least 8 or more weeks before I would consider entering. The reason that I want a longer consolidation is to try and avoid a bunch of false breakouts such as a 10…
You need to login to view this content. Please Login. Not a Member? Join Us
You need to login to view this content. Please Login. Not a Member? Join Us