Hi, quite a long time. This morning the Forex Mechanics are going long on GBPjpy we place a buy stop at 183.547 and Take Profit at 184.668. That is about 131 pips. Remember that our tradition is to lock profit at 20 pips.
See You later guys
Wednesday, 29 April 2015
Wednesday, 15 April 2015
52pips Again
The Forex Mechanics hit 52 pips today on USDjpy. We Will let you know whether the pair will go back North or continue South. But meanwhile we are watching.
Before then you can be doing the analysis. With chart below.
See You Later
Before then you can be doing the analysis. With chart below.
Tuesday, 14 April 2015
60+pips EURusd
The Forex Mechanics have partially taken profit on EURusd We have locked 40 pips , taking 20, 20 pips. We are currently waiting to reload as it seems as if the pair will retrace anytime from now.
However the Forex Mechanics are shorting on USDjpy we Placed a Sell Stop at 119.540 and Take Profit at 118.890 That is about 52 pips. We will trail stop from 20 pips
See you later guys
However the Forex Mechanics are shorting on USDjpy we Placed a Sell Stop at 119.540 and Take Profit at 118.890 That is about 52 pips. We will trail stop from 20 pips
See you later guys
Friday, 10 April 2015
EURusdFX
The Forex Mechanics are shorting on EURusd today. From all indicators we believe that this pair will go South for the day. We place a Sell Stop at 1.05860 and we will take Profit at 1.05510. We will however lock profit at 20 pips for day trading .
However we are still in AUDchf . Check The Graph Below
See you Later
However we are still in AUDchf . Check The Graph Below
See you Later
Thursday, 9 April 2015
AUDchf
The Forex Mechanics are trading long on AUDchf today and probably the end of the week. We place a Buy Stop at 0.75125 and take profit at 0.77199. That is about 200 pips . For today we are going to lock profit at 20 pips and allow the rest to run.
Check the weekly chart and do a self deduction.
Where do you think the price will stop
See You At The Next Level
Check the weekly chart and do a self deduction.
Where do you think the price will stop
See You At The Next Level
Tuesday, 7 April 2015
CADjpy
The Forex Mechanics are going long on CADjpy this morning. In fact this pair will go long for the rest of the week. All we need to do is to look for strategic point of entry. So the we will not be on the losing side at all.. We will place a Buy Stop at 96.98 and Take Profit at 96.55. That is about 96 pips . Our culture is locking profit at 20 pips for the day and allowing others to run.
I must however warn that Canada pairs move very slowly.
I must however warn that Canada pairs move very slowly.
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