Stil In EURnzd

Hi Everyone

In the last message we posted we told that we are so sure EURnzd will go long. We are now in the positive regarding all our long position on EURnzd. We kept loading the gun in preparation for a Big Bang and now the bullet are been released gradually . We are still on the journey to the North with this pair and we will be until it gets to the next stop.

Now this is what we think will happen with this pair in future. 

Now the Price is Retesting 1.75446 Support Level If it breaks that Level to the South then it will Retest 1.75203  Before going back to the North. So The Forex Mechanics  took out some of our trades as you can confirm in the Chart Below. Why ! We don't allow return positive trade no matter how small. 

Check out the Chart below

This is a very good Friday for the Forex Mechanics, We wish you the best

STILL IN EURnzd

Hi everone

We are still very much in EURnzd for Long . The Forex Mechanics believe that this pair will travel North for a very long time
So we are still very much in it. Though we did some scalping on the pair  yesterday, we remain in it and some of the trade we placed on this pair are still in the negative.

But we don't mind because in the long run we know where we are going
We are also going long on EURcad

We Placed Buy Stop At  1.150460
Take Profit                At   1.50705

That is about 20 Pips of course you know that we will take our usual 10 pips and trail the remaining Profit

Longing On EURnzd

Hi Everyone,

Quite sometime isn't it? Yea! The Forex Mechanics have been busy working on something great and we shall be coming out with a bang soon.

Well today we shall be going long on EURnzd

We have have placed a Buy Stop    At 1.75118

Take Profit                                        At 1.75560

Anyway we will be taking about 12 pips on this one because of the spread and as you know we will be trailing the rest of the profit.

So why are we going to the North

Without bothering you with too much details, You will see that the pair has broken the Resistance and has pulled back to it 1.74086 Price Level . And before then we have having Higher High . This is one of our strongest indicators to go in line with the Current Trend

So i wish you the best

EURnzd Driving South

Hi Everyone,
We were able to scalp something out of GBPjpy yesterday. You will see it in the Chart below.
This morning we are going South with EURnzd.
We place a Buy Stop                       1.75385
We Take Profit                                1.75075

We will be taking the first 10 Pips at 1.75151

The Forex Mechanics will be analyzing this trade later

Take Care and God Bless You

Buying GBPjpy

Hi Everyone,

Perhaps in most part of Africa most people are asleep now . We are also supposed to be asleep now but not when money is involved. The only thing we know to do as Forex Mechanics is to trade Forex so we only sleep when we are sure there is nothing to do.
So that explains the reason why we are still up by now.

Well enough of  rhetoric.   
We just discovered GBPjpy might be going up North for another day. And we are already swimming with it
We Entered At                                              148.176
we Will Take Profit At                                 148.844

That is about 60 + pips. 

but remember our rules 10 Pips First        148. 280

We will analyze this trade later 

\\\\\\\\\So Later

S.S Taken

Hellooooooooo,

Our Sell Stop has already been take and you can now see what is happening yourself

Heading for profit now.

USDcad Shorting

Hi Everyone
Our Buy Stop For EURusd was not taking yesterday but we are still in the trade please refer to the post we made yesterday .
Today The Forex Mechanics are going short on USDcad

Sell Stop                             1.29665
Take Profit                          1.29319

That is about 39 Pips . However if our S.S is taking we will take the first 10 Pips and trail the remaining.
We should let you know that this is not a recommendation for you to trade as you already know this is just for you to know what we are doing behind the closed door.

Let Us Analyze The Trade Together

The upper Trend Line is the Logical Area of Resistance and you will see that prices have always been turning back on getting to that upper Trend Line for a very long time. This time the price got to that level and turned back again ,so what do you think is going to happen ?
The Forex Mechanics think it will get to the Level of next Support before it decides on what to do next. and that is the White Line . That Price Level is 1.28974 . We don't know what will happen when it gets to that Support Level but the likelihood is that the price will get to the White Line.
And the probability is 80/20  profit to loss ratio.
By the way the analysis is based on Daily Time Frame


The Forex Mechanics are wishing you well

LONGING ON EURusd

Hi Everyone

We were able to pick 30 Pips on EURjpy on Friday just within 2 hours. The Forex Mechanics went for 67 Pips but 30 Pips is okay .
Well This Morning we are Longing on EURusd

Buy Stop     1.16110
Take Profit  1.16214

That is about 20 Pips
We will take 10 Pips first in case it goes our way then trail the remaining

Wishing You A nice Day

Shorting CADjpy

Hi Friends



The Forex Mechanics are Shorting CAd/jpy
We Entered At                                       86.077
We will be taking the First Profit At    85.946
We are trailing to about 67 Pips after taking the initial 85.379
That is the Trade below

Talk to you later guys

Buy EURcad

Hi Everyone

right about now the Forex Mechanics are buying Eurcad
We just bought at 1.49896 and we will collect the first 10 Pips which is 1.4996 before we continue to trail 1.50874 which is about 89 Pips.

However we want ,you to know that the chickenhearted guys dont trade Forex. Some times when a trade is place . It may not immediately go in your direction but eventually you know that it might later come back to give you profit . But the chickenhearted will panic and come out of the trade and will profess to take minimum loss

There are times we place trade and will not hit the profit until a week after, Check the GBPusd in the chart below sometimes the next day and sometimes three days after. This is the reason we are always taken 10 pips first so that even if it comes come back against our direction of trade we won't be at a loss .
You will notice that EURnzd and GBPnzd are back to the North after a brief movement to the South that was the reason we quickly re entered the trade with our mini account and took out some pips Check the Chart below

So if you are the panicky type Forex trading may not be the right business for you

Well See You Later Guys

Shorting EURjpy

Hi Everyone.

I want to talk about a system i leant from a guru in Forex trading years ago.
The system is called BPC. That is one of the most reliable Forex trading system in the world once you can get it right
That is exactly what is happening with EURnzd and GBPnzd

The Proper picture of what is happening can be well seen on 4Hr Time Frame.The same is also happening on 1Hr Time Frame
A Spinning Top has been formed at a Support Level,so all things being equal we are hoping that the retacement is over and it will go back to the North (Continuation)
However if it goes back to the South and breaks the Support 1.77823 then we will get out of the trade.
So in short we have re entered the trade for again. And the Forex Mechanics are really working hard to see where these pair heads at the end of the day.

Shorting Eurjpy

Sell Stop At              129.600
Take Profit               129.580

So Enjoy Your Day
 

EURnzd Driving North

Hi Everyone,

Hope you all had a very nice weekend. I wish you all a very good week ahead.

There is only one pair we so much feel will go North this week. The Forex Mechanics are going to be trading this pair the whole of this week and its going to be Long for the whole of the week. We are not saying it will not go South but we will only trade to the North and the North only . So we are getting ready to make a lot of Pips on it . In fact we are already trading the pair. Guess what? you are right the pair is EURnzd.

We Place A Buy Stop                       At 1.79260

We Take  Profit                                At 1.84371

That is about 300Pips 

But of course we will take 10 Pips and Trail the rest of the profit

GBPnzd too will head North I think after a bit of retracement.

We will place a Buy Stop At            2.04100

We will take Profit At                      2.07326

About 200 Pips For the week after taking the 10 Pips Stop Loss. 

Thanks and have a good Day

18 Pips Today

Hi Everyone

We made another 18 Pips today. Well we trailed till it got to about 15 Pips before our trailing stop was hit. Well we managed it and drank wine to the success of this week again . We also took some more Pips on NZDjpy which has continued to drive Southward .

See The Chart Below

If you check the time we posted to place a Sell Stop. It was about 2:03. The Sell Stop was taken at 18:50 and moved 18  Pips South  before turning back. And you know our tradition we will always take 10 Pips before trailing and that was exactly what we did , and we trailed 5 more Pips. Well
believe it or not . We have made over 130 Pips this week.
Check the message we posted earlier .

So Sleep Well and have a blessed weekend

Sorry We Placed A Sell Stop

We meant to place a Sell Stop and not a Buy Stop.Apology for the mix up

EURjpy Driving Further South

Hi Everyone ,
 The Forex Mechanics are Driving South with EURjpy today we have placed a

Sell Stop At----------------                 130.795

Take Profit At             ----------------130.150

That is about 89 Pips but you already know our tradition, before we continue trailing till we get to our 89 Pips Profit Target

We will be analyzing this later in the day
Hope you enjoyed took your Pips on NZDjpy ? Its still going to the South So we are not out yet.
GBpjpy is still trapped and we are expecting a Breakout to the South any moment

At the close of today we will have take about 150 Pips for this week.

You can refer to our post from Monday this week . Perhaps the only trade still misbehaving is GBPjpy.

Anyway talk to you later

The Forex Mechanics

NZDJPY Still South Bound

Hi Everyone ,

In fact GBPjpy is still stuck . We are still in the trade and still on the negative. But we are making a lot of Pips on some other Pairs which you will see in the Chart below. NZDjpy has made a lot of Pips for us today alongside some other pairs. Refer to the Chart we posted in the mornin and compair with this.
After taking the initial 10 Pips we are still taking more and we will be in it until the Asian Market opens.
Later Guys

Still Selling GBPjpy

The Forex Mechanics want you to know that we are still selling GBPjpy despite its earlier move to the North. Although we are still waiting to see if it will break the Support Level when it gets there. See the Chart below.
Check what we posted  earlier

We are also going south on NZDjpy

We Entered at 74.266 

we will take Profit At 73.920 

That is about 40 Pips although we will take our 10 Pips at the Forex Mechanic Workshop then we can trail the rest of the profit target

See you Later Guys

GBPjpy

Hi Everyone

The Forex Mechanics just wants to show you what is going with GBPjpy so as to allay your fears, because we know  most of you would have started entertaining fears thinking this is a lost trade for us. Know we believe this is a temporary Northward movement to give the impression that the pair will continue to the North. Well It might because we are not the Market movers we only ride on the back of the market movers to place our trade. Now let us show you a bigger picture why the Forex Mechanics believe this is not going back to the North.

This is exactly the Daily Chart of GBPjpy. You will discorver that it has reached a major Resistance Area and that was the Third Time it will be returning at that point . So we believe that its not going back to the North any time soon so we are still very much in the trade in trade but with a high level attention .

We respect  a Triple Top a lot at the Forex Mechanic Workshop

We will let you know what happens later

Bless You

GBPjpy Going South

Hi everyone,

Today we shall be going South with GBPjpy
We have Entered at       147.316
We will take  Profit At 146.970 that is about 26 Pips
This will not stop us taking our 10 Pips at 147.175..

We are also monitoring the congestion at 147.321 Price Level . Once that congestion is broken it will hit the next Support and take decision whether to turn back to the North or continue its journey to the South. This is because the Price Level 146.970 is a major Support Level . Looking back you will discover it has acted as a \Resistance Level  Before So we are believing a major decision will be taken there and not at the present Level.
This analysis is based on 4Hr Time Frame

See what we are talking about on the Chart below

So we are watching at the  Forex Mechanic Workshop

So see you later guys.

Over 40 Pips on EURcad

Hi  Good day Everyone

We are in over 40 Pips already on EURcad. We told you that this pair will go South for a very long time.
We Entered At 1.48150 and we have taken the traditional 10 Pips and are trailing the rest of our Profit Target. We are going to take over 300 Pips on this pair before the end of the month.
Refer to our post early this morning

Chech out the  Chart below

Have a nice day

EURcad Will Continue South

Hi Everyone

This is going to be a special kind of trade because we are going to be going south with this pair for the whole of this month once it breaks 1.48136 on a weekly Time Frame. The Forex Mechanics are waiting ti see what is going to happen with this pair.

However we are already in this trade we entered at 1.48150 we will be taking the traditional 10 Pips which will be at  1.48050 before we continue to take about 280 Pips for the month.
 But let's wait and see what happens

Check out the chart below:

Over 90 Pips Today

Hi Everyone,

The Forex Mechanics made over 90 Pips in one our accounts today. That is less than another over 300 pips we made in our other accounts.

Confirm below

Isn't this awesome? So when we come up with Pips we should be taken as serious people. This cannot be a share luck . It is as result of hard work by the Forex Mechanics. We will show you one of our accounts tomorrow to know that we a serious people.
All we want is for you to spread good news about this blog so that we can continue to educate a lot of people about the fact that Forex is real and you can really make a lot of money from it.

Thanks and see you tomorrow

22 Pips Taken

Hi Everyone

The Forex Mechanics just wish to update you that we have taken 22 Pips and are out for now. We will wait for the Double Top to be broken before we reenter the market otherwise we will stay away for now.

Although the chart below shows that we are still in the trade we will be getting out very soon . We don't give back profit once we make it no matter how small . That is a tradition the Forex Mechanics will never change.

So let us analyse the chart below

We entered the Trade at 132.075 and we took the traditional 10 Pips as we normally do and we remained in the trade waiting to  see what will happen. At 132.399 price level which eventually happen to be a Resistance Level it formed Double Top and went back back to the South on 1HR Time Frame 

Now what do we think? At the Forex Mechanic Workshop: We think EURjpy will go further South  to 131.960 before returning to the North. And Just as i was posting this message it has gone back to Retest 132.399 and could not break it. Although it has formed another Resistance Level at 132.098 on 30 Mins Time Frame and we are waiting to see if that is sustainable . 

We will get back to you later  to brief you of what eventually happens at the end of the day

See the 30 Mins Chart below

Thanks 

God Bless You all