Our take profit on EURusd was hit before this morning .See it below. The Forex Mechanics
will continue south on EURusd this morning. We place a buy stop at 1.24260 and
we take profit at 1.24027 that is about 30 pips
We just want you to see trades we took for this week. Remember we told you that AUDusd will go south for the whole of the week.See the trade we took on it
Other trades
Chech this too
These are today's
Okay let me just give you one more This is today's also.
The Forex Mechanics are shorting on EURusd this morning We enter at 1.24750 and take profit at 1.24450 Lock profit at 20 pips.Our buy stop was not taken yesterday so no problems.
I will post to you the result of some other trade we took yesterday later.
The Forex Mechanics are going long on USDjpy this morning .
Place you buy stop at 117.960 and place your take profit at 118.960. That is about 43
pips we will lock profit at 20 pips and allow trade to run on trailing stop.
We thank God we made another 30 pips on AUDusd Today. We just do our best to ensure that we do not fail you. And to think that we are doing this for free is amazing. We just want to make sure we are achieving our goal to our readers. We are not going to disappoint you.
Just see on of the trades we took below
We are shorting AUDusd in the Forex Mechanics Workshop this morning. We enter at 0.85605 and we take profit at 0.85300. that is about 30 pips, enough for the day.
We are still studying GBPusd we thing its getting to a point of elasticity. I hope you know what that means.
We were not taken in yesterday so no pains.It is better not to trade than to lose .
The Forex Mechanics are trading USDjpy this morning we place a sell stop at 118.415 we take profit at 118.900. The EURusd hit the take profit on Friday. Refer to the articles posted on EURusd last week.
We are getting ready to analyze GBPusd so stay tuned.
See you soon
Hi,
The above shows our entry, Lock profit and take profit level. We locked in 30 pips before the price retraced. We hope the market will turn back to the North very soon soon. We also made some nice pips on AUDjpy.About 60pips
The two white lines shows entry and the next one is showing the lock profit and the red one is our profit target. I hope you enjoyed the week we got like 300pips, refer to the recommendation we made for the week and do the addition yourself
The Forex Mechanics said we should remain short on EURusd and i said to you yesterday that we have only taken a temporary long position because we suspected the price might not return until later.and we remained in the trade and we have locked in 30 pips as at this morning.
However today we are trading . We are trading GBPchf. We place buy stop at 1.51348 we T.P at 1.52550 Thats about 50 pips we lock profit at 20 pips.
Our sell stop was not taken so no pains we still have a strong impression that this pair may return so soon.
However when the Forex Mechanics discovered that EURusd might not go south for a while we took a temporary long position and we made some pips.
See it below
These are two different times and different account. This is just how we make our pips daily. Isn't it awesome?
We are shorting on EURusd this morning the Forex Mechanics said to enter at 1.24895 we T.P at 1.24270 that is approximately 59 pips. We lock profit at 20 pips.
Forex is volatile so please be careful as this is not a recommendation for you to trade.
See what happened? We just took 80 pips profit before posting this.. The white dotted lines were where we entered and took profit. How about you did make some pips? Anyway we still have some trades running.
Just look at the graph properly.
Hope you made your 15 pips from EURusd yesterday? Anyway the Forex Mechanics are going long on GBPjpy . Entry is 183.464 T.P 184.318. That is about 80 pips but we are going to lock profit at 20 pips.
This is just for educational purpose and not a recommendation for you to trade.
See the chart .That was some our profit for yesterday
We are shorting on GBPusd for today we enter at 1.56167 and
we take profit on 1.55845
Although we have already taken profit this morning but the Forex
Mechanics believe it will nosedive for the rest of today but that doesn’t mean
it will not pull back before resuming.
How was the week? Hope it was cool. We made 39 pips from the recommended pair USDjpy today. It hits our take profit and turned back. Check the details.
Remember the monthly T.F these pair is going to return to the North. So next week we shall be on the lookout to go long all through
We are trading long on USDjpy this morning We enter at 116.380 and exit at 116.695.
That is about 30 pips for day traders. But let me tell you where we are headed in the Forex Mechanic Workshop. Now look at the Monthly chart above and guess where the price will be heading for the rest of the year 122.371. Its heading for the next support. Which is about 500 pips. But no one can determine when it will get there. It may be this month or next month. Now in case the present candle retraced and form hammer. Then we shall start looking to head South. If not we are in for a long drive toward the North.
Now can you guess where the price is headed given the fact that no more resistance on the way. When a person breaks all barriers the road to destiny will be so smooth. I want you to do the remaining calculation yourself. This pair is 80 percent sure of getting to the next barrier. And that is the only barrier for the rest of the. Next year might come with a new high or recession..
See you .
We recommend that you take profit on NZDusd, the trade we recommended yesterday. If the retracement forms hammer the price might return to the South for a while. See the chart below.
However we have made 51 pips on this one. The two white dotted lines (not the channels) on the charts are the entry and exit . The price is 7 pips short of our recommendation but enough.
I just want you to see the chart above to tickle your mind a little bit.That was our trade for just yesterday am going to show you another account latter.
Today the Forex Mechanics says to Long on NZDjpy. We enter at 91.405 and exit at 91.900. We lock profit at 20 pips for today. This pair will go North for the rest of the month making about 400 pips. The Forex Mechanics will come up with this analysis later in the day. so
See You Then
We go long on NZDusd we place a buy stop at 0.78730 and T.P 0.79351 thats is about 50 pips but we lock profit at 20 pips. NZD is very strong this morning and can be traded with other currencies
See You.
The chart above is Monthly Time Frame CADjpy chart. The trend is up and will continue for a very long time . Why?. Whenever you see a hammer along the trend followed by a bullish candle, 80% of the time the trend will continue. Again you will see that the channels are well respected . Therefore the probability is that the price will continue North having bounced back from the channel with an hammer followed by bullish piecing candle .
So technically the price will reach 108.30 which is about 800 pips. Don't ask me when it will get there because i don't know. And you may not know either.
This Morning we are going long on GBPjpy, we place a but stop at 183.740 we take the first profit at 184.330, and once that price level is broken we can reenter another trade for 20 pips. See the chart below
If you look at the chart you will see we are already in the trade..
We made 20 pips on EURusd yesterday. This pair according to the Forex Mechanics will continue short. We are hoping to enter as 1.23904 and take profit at 1.23609 . This about 27pips. We always lock our day trade at 10 Pips
We are shorting on EURusd for only 20 pips we enter at 1.24472 and we take profit at 1.24135.
The Forex Mechanics believe very strongly that EURusd will go back to the North after about 4hrs retracement
AUDusd moved 28 pips down and moved back to the north even though we predicted it to move 40pips South before returning . Our principle is we start locking profit from 10pips because in Forex no amount of profit is small because the market can turn against you at any time so we got 20 pips on this pair .We are still watching before we come out with our position on its movement this week.
Thanks.
.
Now you can see what is happening. We went short when the piecing candle opened, we hope to get 40 pips from this trade. Why we took the trade.
1. The trend is down 2. The trend line channel acting as resistance was well respected as support and is so strong resistance as the price is unable to break it.
3. The number 1 rule in Forex is follow the trend
With these three factors there 80% probability of its returning to the south upon reaching the LPR
The Forex Mechanics are also keeping AUDusd under watch .We
are expecting a pull back from 0.86170 Although we are in a buying positing as
you can see from the chart above .So if you are long on AUDusd be sure to take profit
0.86170. And wait to see what the price will do. If it breaks that price level
it means it will continue long. We don’t get to know until price gets there.