3 reasons to short بيع

U.S. Dollar/Mexican PesoFXCM

الوصف

⋅ ٢٦ أيلول سبتمبر ٢٠١٣ ٢٢:٠٩

fib counflence, bearish divergence, bearish candle stick.
below the yellow line potenial for more downside.

التعليقات

motleifaul

⋅ ٢٧ أيلول سبتمبر ٢٠١٣ ١٣:١٣

Any reason doesn't help when the market thinks different. Shouldn't you better close this position as I did?

traderWgun

⋅ ٢٧ أيلول سبتمبر ٢٠١٣ ١٧:٠٩

yes the market has a will of it own. I got stopped out at 13.12.

motleifaul

⋅ ٢٦ أيلول سبتمبر ٢٠١٣ ٢٢:١١

3 good reasons.

QuantitativeExhaustion

⋅ ٢٦ أيلول سبتمبر ٢٠١٣ ٢٢:١٠

This defies what most traders think will happen. Most traders are thinking peso higher, while US equities lower.

traderWgun

⋅ ٢٦ أيلول سبتمبر ٢٠١٣ ٢٢:٣١

aware of this, but 1 most trades are wrong 2 youhave to do your own homewok 3 this is short term, long term this could still be bullish

QuantitativeExhaustion

⋅ ٢٦ أيلول سبتمبر ٢٠١٣ ٢٢:٣٢

Short term bearish I agree. Shake out weaker players over the next few days. Thinking sometime first week of October Peso resumes bullish trend.