AUD FX 15 pips

We are going  long on AUDjpy this morning I think 15 pips should for this one. We think it will go North for the rest of the day. So how is you CADjpy i told you we were still in the trade yesterday and we are happy doing thisAnyway in our Forex Work shop we are counting our blessing.
This is just for educational purpose we are not advising you to take it Forex is risky. If you take this you are on your own.

See You Later

100% FOREX PROFIT

Today we made 100% profit from all our trade. 30 pips on EURcad and 20 pips from CADjpy. Though we are still in CADjpy to recover from yesterday's loss.  At least i told you before they happened so you can't doubt me on this one. So what about you even though i told you, you are on your. we just went short on EURusd . Although we have been waiting for this opportunity. O.K can you doubt this.

Anyway i will see you again in the morning.

CADjpy

We are also watching CADjpy but we are waiting to see if it will break 94.73 on 1hr T.F if it breaks that price the price level which it has been trying to do we will go long in the Forex Workshop. The Forex Mechanics are preparing and we are not in a hurry to take this trade. Although we have been in it since yesterday. See what is happening below.

You will see it has tried to break that price level without success now if it breaks the price level you also need to wait for the price to close before pulling the trigger.

See You At The Next Level

We are still shorting on on EURcad waiting for our 15 pips . See what's happening in 4hr T.F. In our Forex Workshop once we place our trade if we know  it doesn't hit our target the first day it will hit the next day. Once our Forex Mechanics are still very sure.

CORRECTION.

Please correct the price level of the AUDnzd to be 1.1615 instead of 116.15 . Mistake is regretted . Please it has finally broken the price level in 1hr time frame. wait for the rice to close before firing the short to the north. We are stll shorting on EURcad for 15 pip

FX 15PIPS

 This morning in the Forex Workshop we are already going long on AUDnzd we think it will go long for the rest of the day. But if you must enter please wait for the price to break 1.1615 level otherwise we might experience what happened yesterday. If it breaks that price level please don't take more than 10 pips. Because in the Forex workshop we are preparing to go short on this currency based on the signal we are getting. Read my article of yesterday then you will know why.

WE ARE IN THE NEGATIVE

I have always told you that in Forex there is no hard fact. Nothing is cast in iron. So today we lost big time on CADjpy. We had to quickly take 10pips on EURcad. We didn't take EURusd because it didn't  break the price level we told you to wait for to the south.
Now this loss will make me to release one of our strategies in the Forex Workshop. In our Forex Workshop one of our very reliable indicators is 10 smoothed (S M.A). Oh we love this particular indicator so much, in fact i can trade successfully with it without any other indicator. Now what happened? . We knew that this pair has 80% probability of going south. But we refused to heed the warning because other indicators said we could still steal 15 pips. But we wanted to be cautious so we placed a buy stop at 95.19. Believing that instead of losing the trade it would rather not trigger. But the spike took us in and if you check the chart above we are still in the trade. I told you when you lose we also lose.
 Please pay attention here you will learn a lot here.
One of the things we use 10 SMA for is to determine reversal . How? We are not trying to create excuse here .If you have been following us you will see that this is the second time we are losing this month we have made over 700 pips on day trading this month and we are positive on some of our long term trade. So if we lose 60 pips in 1 month then we are still happy , So please pay attention.
Look at the chart above properly you will see the white arrows ,those are areas we are going to be talking about.

Whenever you see a remarkable distance of  between 90 to 100 pips between 10SMA and the price, the price has a higher probability of reversing. In fact it reverses 80% of the time. And if there is going to be continuation after reversal the price has to touch the 10 SMA and bounce back . But the reversal  could also be the beginning of permanent reversal for the trade.See, this pattern will never change because you know it. It is the secret of the institutional traders. So you can see the reason i said we shouldn't have taken the trade.And stubbornly we are still in the trade. Once you begin to see a wide margin between the price and 10SMA. Please be careful

Please read my articles on 10SMA. Am still going to be talking about this in future. Just stay tune