Mrs. Kong Says – Buy Pesos – Sell USD

If any of you have ever wondered “How the hell does this guy keep facing these treacherous markets day after every day? – What on Earth could keep this guy going?”.

If it isn’t “painfully obvious” now, I present to you – Mrs. Kong.

Mrs_Kong

Mrs_Kong

Up until just recently Mrs. Kong has been quietly “hording away” a small stash of U.S Dollars, tucking them away here and there with idea in mind that “some day” – they may be of some use to us.

Well…..with a keen eye for forex, ( and financial markets in general ) I’m very pleased to see that Mrs. Kong has now “gathered her stash” and is off to the bank to exchange them for her native currency.

People here in Mexico have a slightly different perception of money / exchange, and a tremendous respect for every penny earned. If there’s a chance that perhaps another couple of dollars might be squeezed out of the many hard hours worked well……that’s money in your pocket.

I don’t mess with Mrs. Kong when it comes to money, as she runs a tight ship so……when she says sell let me tell you…..

I’m selling!

Way to go babe! Look at all those pesos!

On a serious note….seriously….The Mexican peso looks “golden here” vs The U.S Dollar. That means “short USD/MXN”.

13 Responses

  1. Dress January 9, 2015 / 6:20 pm

    Mrs. Kong looks really nice! Congrats!

    • Forex Kong January 9, 2015 / 6:27 pm

      You are very kind. Thank you.

      I will pass it along!

  2. Freddo January 9, 2015 / 6:28 pm

    OMG, I actually agree with you for once.
    The $USD will turn on Monday or Tues.

  3. Freddo January 9, 2015 / 6:33 pm

    Kong said 23 Dec “Just a few quick clicks away……USD at 90.15 – Please mark this post. ”
    OMG you make some bad clicks.
    But that high maintenance woman proves you actually make some money and not just presumably get it all from Mom while you erode the family fortune on bad trades.

    • Forex Kong January 9, 2015 / 7:05 pm

      I didn’t make nay clicks Freddo….I merely suggested that “I will”.

      Actually….today..members got the real time alert this morning for my second entry short USD against a number of currencies.

    • Forex Kong January 9, 2015 / 7:10 pm

      I just re read your comment.

      Perhaps you will also “finally get it”.

      I will be fully loaded “before the turn” numb nuts….that’s how I trade.

      USD will turn Monday/Tuesday…..GREAT!

      I’m already in the trade dork.

  4. David January 9, 2015 / 7:00 pm

    I’ve been watching and playing USD/MXN for a while now and while it does look like a double top is in place, I still think there are too many troubles ahead as far as oil prices go, the political landscape and also what I foresee as an EM flush out to be going short that pair.

    While we may not agree on the future price of the Peso, I will agree that Mrs. Kong is quite photogenic and I’m glad she’s helping you get through these frustrating market/trading conditions.

    • Forex Kong January 9, 2015 / 7:08 pm

      He he he….thank David – Ill pass the compliment along – she will appreciate that.

      As far as markets go…..ya….take yer shots everyone!

      4 days down……3 days up……350 point days in Nikkei etc….the volatility has arrived!

      Me? I stick to the larger plan…as I can’t imagine anyone surviving these past few months, thinking they can trade this otherwise.

      I’m chasing the buck, and will be fully loaded “Long before” she makes the dive.

  5. john January 10, 2015 / 1:43 pm

    Una Mujer bonita…

  6. Freddo January 18, 2015 / 8:46 pm

    Actually the $USD will strengthen in this week to come…
    And the stock market will rally with it.
    Beware and get out of your USD shorts, especially USD/JPY

    • Forex Kong January 18, 2015 / 8:49 pm

      I will be adding to my USD shorts after Thursday’s dissapointment comes from Draghi and the ECB.

Leave a Reply