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Old 04-21-2007, 05:22 AM
dpaterso's Avatar
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Default Usd/mxn
Does / has anybody traded the USD/MXN (USD / Mexican Peso) pair?

I had a look at the daily and weekly charts for this pair yesterday (while I was waiting for the Gold rush) and I noticed that this pair trades within a range and has done so for months regular as clockwork.

From what I see in the graphs this pair would be ideal to either range trade or open a hedging position at the average middle of the range price - and from what I gather every second day or so you would make either on the high or the low.

Any input?

Regards,

Dale.
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