OUR TRADES

See what our new fail proof system is doing

FOREX CHART ANALYSIS

The chart above is Monthly Time Frame CADjpy  chart. The trend is up and will continue for a very long time . Why?. Whenever you see a hammer along the trend followed by a bullish candle, 80% of the time  the trend will continue. Again you will see that the channels are well respected . Therefore the probability is that the price will continue North having bounced back from the channel with an hammer followed by bullish piecing candle .
So technically the price will reach 108.30 which is about 800 pips. Don't ask me when it will get there because i don't know. And you may not know either.

GBPjpyFX

This Morning we are going long on GBPjpy, we place a but stop at 183.740 we take the first profit at 184.330, and once that price level is broken we can reenter another trade for 20 pips. See the chart below
If you look at the chart you will see we are already in the trade..

We made 20 pips on EURusd yesterday. This pair according to the Forex Mechanics will continue short. We are hoping to enter as 1.23904 and take profit at 1.23609 . This about 27pips. We always lock our day trade at 10 Pips

See You Later

NZDusdFX

The Forex Mechanics just sent in a message to go long on NZDusd enter at 0.78160 and T.P at 0.78291.

EURusdFX

We are shorting on EURusd for only 20 pips we enter at 1.24472 and we take profit at 1.24135.
The Forex Mechanics believe very strongly that EURusd will go back to the North after about 4hrs retracement
AUDusd moved 28 pips down and moved back to the north even though we predicted it to move 40pips South before returning . Our principle is we start locking profit from 10pips because in Forex no amount of profit is small because the market can turn against you at any time so we got 20 pips on this pair .We are still watching before we come out with our position on its movement this week.
Thanks.
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See AUDusd 1hr T.F

Now you can see what is happening. We went short when the piecing candle opened, we hope to get 40 pips from this trade. Why we took the trade.
1. The trend is down 2. The trend line channel acting as resistance was well respected as support  and is so strong resistance as the price is unable to break it.
3. The number 1 rule in Forex is follow the trend

With these three factors there 80% probability of its returning to the south upon reaching the LPR

See You Later.

AUDusd ANALYSIS FX

The Forex Mechanics are also keeping AUDusd under watch .We are expecting a pull back from 0.86170 Although we are in a buying positing as you can see from the chart above .So if you are long on AUDusd be sure to take profit 0.86170. And wait to see what the price will do. If it breaks that price level it means it will continue long. We don’t get to know until price gets there.

So keep watch