iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
23,431 Blog Posts

If the Mexican Peso is of Any Use At All, Trump is About to Lift to the Upside

One of the key barometers of this election has been the Mexican peso. The keystone policy of Trump’s candidacy has been to construct a gigantic souther border wall– which would be paid for by the Mexican government. This angered many in Libtardville, and of course the drug cartels in Mexico, who controls their government.

For decades, the Mexican government has been an utter disgrace. It would’ve been far better off had Napoleon III conquered that bedraggled nation and made them into proper men. Instead, the Empire of America is stuck with a dysfunctional southern border filled with retrogrades and taco vendors.

All of that is about to change, God willing, under a Trump Presidency.

If my technical analysis is correct here, the USD/MXN cross is undergoing a ‘taco formation’ which could only mean one thing.

MEXICO WILL PAY. The peso is about to break to the downside. Trump will win and make American great again.

mexico

Any questions?

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30 comments

  1. dcolella15

    Nice work Fly. You got a nice Lol from me on that one. Solid TA!! #BuildThatFuckingWall

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  2. gappingandyapping

    Looks like a rising wedge to me. Bearish indeud.

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  3. ironbird

    That is true art Senor Fly. Looks like a few things.

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  4. cascadia

    Or it’s a 50% retracement level from the breakout, with a new surge under way…
    You say tahco, i say taaco.

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  5. t.c.

    The border is a complete war zone. There have been 50,000 dead people related to cartel activity on the border in the past 10 years. That’s literally the same death toll as the Vietnam War. There are so many bodies on the border that, in Texas, the coroners near the border can’t keep up and just bury the bodies in unmarked graves. Sometimes the universities will send students down to exhume and do forensics on the dead bodies, trying to identify to notify loved ones in El Salvador or Honduras etc. It’s a national disgrace and a humanitarian catastrophe. The drug cartels completely control illegal crossings, there lots of sexual enslavement going on with teenage girls from Central America, and the illegals who aren’t sexually mistreated are often made to carry drugs for the cartels. Oh yeah, and the Mexican dug cartels are operating throughout the US and in all the major cities.

    Building the wall would be a humanitarian miracle.

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    • ironbird

      Dude. The World Series is on. And no one but evil racists care about the death and rape and disease and addiction and crime and child slavery and terrorists coming across the border. We all have a hard life aborting full grown babies and cutting off every cock and balls within reach. Full bull dyke for life.

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      • t.c.

        Word. I heard of several proposals to have post birth abortion, up to 6 month after birth. Sound reasonable.

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    • macpatton

      Do you think a physical wall would work without us looking like East Germany. My experience in Mexico is that the corruption is just a part of the economy. When you excise something you consider corrupt there is collateral damage.

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      • ironbird

        Live in Cali farm born. So opinion knows some. Gotta have the labor but that is easy. Has always been that way. Something else is happening now. A flood of desperate peeps being lied to maybe. The devil will grant them all Dem voting cards next week. The wall will be a symbol of law. Humans are trippy. When they know they can not stay? They do not. Not fascist at all. Just normal.

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        • zeropointnow

          Truth. Hoping the devil is outsmarted by smart phones and good people.

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      • t.c.

        The wall already exist in most larger border towns. Here is what it looks like. I personally concern myself with function more than aesthetics.

        http://geo-mexico.com/?p=13797

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        • ironbird

          Exactly. Simply follow the immigration laws.

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        • cascadia

          What good is a wall when a tunnel will get someone across?
          Ever hear of a ladder?
          Anyone?
          You going to pay to have border agents monitor every damn foot of that wall? The costs of this construction, monitoring and enforcement is staggering.
          You are underestimating the will and desire of people seeking economic and social prosperity.

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        • t.c.

          Why is that so hard? Enforce the laws and keep the paramilitary cartels from murdering and raping women and children all over border states.

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        • t.c.

          You underestimate the will of America, amigo.

          The wall already exist and Clinton voted for it as a senator or were you not alive during the Bush administration? Mission Accomplished. Get over it.

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        • zeropointnow

          @cascadia Israel seems to be OK having a wall to keep their enemies and illegals out – only a little tunnel warfare. They even have voter ID laws!

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        • cascadia

          @zeropoint
          Lighting the money on fire is as effective as a wall. Have you noticed that we have a 2,000 mile border with Mexico?
          Geographically, what you want to do here and what happens in Israel are magnitudes of cost apart. 25 billion is just the cost of the wall, the wall is worthless unless you have enforcement across the entire 2,000 miles of border area, so the continuous cost would be massive.

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  6. wolfdaddy

    Everyone should check out flys new blogger zeropointnow. Good stuff

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  7. roundwego

    Pink taco, mucho gusto senior fly.

    Mexico actualy needs strong boarders so dont loose the best workers and thinkers. they suck the best leave.

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  8. helicopter money

    Pepe! You do good work Sir Fly.

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  9. roundwego

    weird eur up while market down in 5min futures. is DB liquidating to raise eur.

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  10. richy

    Prescient TA, I havent been so impressed since I saw the first cock & balls formation here in 2009.

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