Trailing Profit Of Over 70 Pips On EURnzd

Hi Everyone,

We are still trailing EURnzd to the North. We don't know when its going to turn back but now we are riding with the Big Dogs at the Forex Mechanic Workshop
Check Out The Chart Below;

Have a nice holiday

EURnzd OVER 45 Pips Already

Hi Everyone,

We told you earlier today that EURnzd will be going North and since then we have made over 45 Pips each from the 2 trades we took on both standard and micro account. You can verify the micro account below. We are still waiting to Re Enter the Market. You know this is festive season market movement will be very slow. But we are Watching.

Merry Xmass To You All

EURnzd North For The Week

Hi Everyone

We are going to go North on EURnzd for the week.Once the price hit our take Profit We get out of the Market.

The Forex Mechanics are already in the market. But we will

 Re-enter At 1.70027 and Take Profit At 1.71422. That is like 146 Pips

Thanks Guys 

20 Pips On GBPusd

Hi Everyone,

We Hit the 20 pips profit today on GBPusd. During the Japanese Session. The Forex Mechanics saw an opportunity and we needed to take it and we posted it for everyone to see.

We are out of the the pair for now. But we will be coming out later to let you know what might happen. Mr. Market has not told us where he is headed yet and until we get that information. We will wait.


Thanks
Nice Day

Buying GBPusd

Hi Everyone

The Forex Mechanics just bought GBPusd at 1.26585 . We will be taking profit at 1.26798. That will be about 20 Pips .

Thanks

GBPjpy Price Hit 140.140

Hi Everyone

The Forex Mechanics have taken Profit on GBPjpy at the projected Level. Which 140.140 which we posted in the morning.
\\\\\\\\We are temporarily out of this trade and will wait till next week to see where the market will go.

You can see for yourself in the weekly chart below

 God for We thank for this week. Do have a nice weekend

Thanks

GBPjpy Over 90 Pips

Hi Everyone

The take profit for GBPjpy has been hit. So we hope you had a nice week just like the Forex Mechanics.

We will get you posted tomorrow. We are still expecting it to get to 140.140 . So we are still  trailing the profit

Stay blessed.

Shorting GBPjpy

Hi Everyone

The Forex Mechanics are shorting on GBPjpy . We think this pair will go South for the rest of the week.
But if our target is hit before  Friday we will take profit

Sell Stop:                   141.965
Take Profit:               141.130

That is like 100 Pips . However we are going to be using 10 Pips as our Stop Loss meaning take we will take 10 pips first and allow the remaining to run. 

This is not an advice for you to trade it is just for educational Purpose only.

Thanks

EXIT EURusd NOW 26 Pips

Hi Everyone,

The Forex Mechanics have exited EURusd after hitting the Resistance At 1.13994 That is about 26 Pips.
Good for a day trader.
Check what is happening on the  Daily Chart Below: Remember we entered at 1.13755. we are watching whether to re-enter into the market or wait. We are not greedy afterall.

Thanks

Buying EURusd

Hi Everyone
This Morning The Forex Mechanics are buying EURusd.
Bought At 1.13755
Exit not Take Profit At 1.14220

That is about 60 pips. We will be taking 10 Pips to serve as our Stop Loss

Thanks

35 Pips Taken

Hi Everyone

The Forex Mechanics have decided to close the trade after taking 35 Pips off the table on EURnzd. We will wait for the 1.67042 resistance level to be broke before we re-enter the market

We will let the market decide the next move for us .

Thanks

Longing On Eurnzd

Hi Everyone

We are long on EURnzd for the week  we will be taking profit At 1.67024 That is about 57 Pips from 1.66586 where we entered the Market. That is the next Support Level  anyway . The Forex Mechanics will be explaining this later.

Check the weekly Time Frame Below:

Peace

See USDjpy The Bulls Are Winning

Hi Everyone
The Forex Mechanics are back again . We just want you to see what USDjpy is doing now.
Since we are risk takers we have entered the trade at 113.612. But we are advising anyone who wants to trade this pair to wait till tomorrow . The issue is we don't know if its going to close above 113.460 Price Level . This is because we are expecting a pull back to that price level before pulling the trigger. But if it closes below the 113.460 Level then we play the waiting game again.

But The Forex Mechanics think the price will close above that Price Level and hit 113.767 today or tomorrow.

See Daily Chart below

 Shalom

USDjpy Still Under Watch

Hi Everyone

We are still watching USDjpy The Price is still being held at 113.437. Buyers have been trying to break that price Level but the Sellers are saying enough. At the Forex Mechanic Workshop we are watching to see who wins at the end of the day.
We will not interfere in the battle until we see a winner, and as soon as that happens we will let you know so that we can ride on the back of the winner to the North together .

See The Chart Below Daily T.F

GBPusd Up North over 100 Pips

Hi Everyone,

The Forex Mechanics are temporarily buying GBPusd. As you can see on the Chart below we are already over 100 Pips since 12th Dec, 2018.
We saw a Hammer formed on the Weekly Time Frame right at the support Level .

And at that point the Candle formed another Bullish Engulfing Pattern on Daily Time Frame . That gave us the confirmation to go immediately go long and this we did .
We hope the price will get to  1.27082 which is the next Resistance Level on Daily Time Frame.

All things being equal we hope to get back to you as soon as possible for further analysis on this pair

Thanks

GBPusd Broke South

Hi Everyone

Like we said again yesterday. GBPusd has broken the Support Level 1.25592 . We are expecting it to hit the next Support Level at 1.23700 once it hits that Price Level we will take decision as to where the next trend will head . All we know is the pair will head South for the Month. The Forex Mechanics cannot say precisely when it will turn back, but we will not turn away our search light.
And will get back to you as soon we see something happening.

See what is happening in the Chart below

Over 40 Pips in USDjpy

Hi Everyone,

The Forex Mechanics wants you to get ready for a great break out of USDjpy to the North. We posted that we will take a decision when the  Price gets to 113.816 and now the price has hit the Price Level . So we are still waiting to see what the closing candle will say at the close of today.

Now check the Chart below and compare with what our post yesterday

We are still in the trade, although with 10 Pips of the table .

See You Later

GBPusd 100pips

Hi Everyone
GBPusd
See What Patience can do in Forex Trading. The Forex Mechanics waited for the the Price Level 1.27082 to be broken to the South. Please refer to our last post to see the analysis.. We are out of this trade temporarily.
The Forex Mechanics feel the Market will hover between 1.27028 and 1.26352 and might  only come back after retesting 1.27028.
Again we are going to play the waiting game here. . Once it retests 1.27028 which was the Support Level We will wait to see the Candle it will form before taking Decision.

See The Daily and Weekly Chart below:

We have not forgotten that we also mentioned USDjpy . This is still Under the Radar of the Forex Mechanics. We are still expecting it to break to the North for the month. But the Resistance Level  113.814 is yet to be broken. The Price Dipped to a Support level At 112.533 and could not break it to the South. We are expecting the price to go back to 113.816 Resistance Level before we decide on what to do. You can see we are in the Trade to the North already.

See Chart Below

GBPusd Shorting

Hi Everyone,
We hope your weekend was cool?
Just like we promised that henceforth we will only be releasing a pair on monthly basis . For instance we will focus on a particular pair and post to let you know where it will travel for the month and when it is likely to turn back
And this will be the pair we will post on daily to give details of its reactions on daily basis. The reason for daily analysis  is because  the fact that we mentioned monthly does not mean the trend will not change sometimes on daily basis.
But the Forex Mechanics will view  and let you know whether it will be a turning point or temporary retracement .
Our focus for this month is going to be GBPusd. The Forex Mechanics will be going short on this pair for the month until we see that it is about to  change movement.

Enter  At                    1.26284
Take   Profit               1.22085

We will however wait for 1.27082 Price Level to be broken before we make an informed decision.
All these on Daily Time Frame

If you check the Chart properly you will see we have placed trade for today at 1.27183 we will take 10 Pips first and take final profit at the Support Level 1.27082


 Check Out The Details Below:

See the inverted Hammer that couldn't break the Trend Line to the Up? The moment it breaks the \Support Level of 1.27082 then we are good to go

Again USDjpy will be for Buy for the Month this analysis will be given later.