• Alan Brazil

(Close) Macro Theme Brazil: Trade Idea 2 November 9, 2016, Buy Mexican Peso/Sell Brazil Real

My recommended trade wis to sell the BRL and buy the Peso at a ratio of 6.14 (peso/brl), with a stop of 6.34 and a target of 5.2. Well it hit the stop today and i closed the trade with a loss of 5%, which is a net loss of -100% versus capital at risk.

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