Wednesday, 5 September 2018

NZDusd

The Forex Mechanics are long on NZDusd going  we are already in the trade and we just hope it will go in our direction. 
We will take our usual 10 pips for the day an we will trail the stop for another 30 pips .
We know what you are thinking. Why will this people go long instead of going short? and especially when the Price is at the Resistance Level . Why can't they even wait for the pair to break the resistance. "Well you can wait". We are already in the Ocean and we don't mind to be wet any more
The fact is At the Forex Mechanic Workshop we try to periscope into the future



USDcad is still trapped withing the blue shed . In fact another serious inverted hammer was formed indicating that it might head back to the South . But at the Forex Mechanic Workshop we are watching and will let you know what we see or perceive about the pair later in the day.

Love you all

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