TAKE PROFIT HIT

USDjpy has hit  and gone past our T.P. We entered at 117.567 and placed T.P at 117.935 . We locked profit at 20 pips which was taken and we reentered and profit has been take.
We just want you to calculate the pips we have taken this week.This one is about 38 pips though the Forex Mechanics took more.

See you

GBPusdFX Analysi

Now before you start reading this post. The Forex Mechanics wants you to enlarge this chart so that you can understand the analysis well..
 We have been watching this GBPusd chart for a very long time.Firstly on a weekly T.F. The chart above is a weekly T.F . If you look at the channels properly you will notice that the price bounced off at 1.55237, even though that price level is a Logical Point Of Retracement. (L.P.R).That point is a very strong support and each time the price gets there it respects it. Why ? it is a point where the Channel and support line are meeting.

At this point we expect that the price will go back to the North. But there is also a resistance level it has to break at 1.58458 price level. So we have to wait till that price level is broken. . If it returns and break that channel and the support line, then the price will move to the red line which is 1.48096 about 450 pips.

But we strongly believe that MR.Market will go back up. Why? Because if we go back to Daily T.F you will see that MACD is already diverting up. Now let's see.

Can you see the Daily T.F. Check the MACD . What does that tell you? That GBPusd may be tired of going down.
Now you decide what you think is about to happen  next year. Your guess is as good as mine.
But wait till you hear from the Forex Mechanic Workshop.

This is just for educational purpose only we are not recommending anything for you You should know that Forex is very risky.

FX PIPS AGAIN

Hi everyone,
We locked 20 pips on USDjpy before our trailing stop was hit. The Forex Mechanics have re entered the trade but see what we made below for today .We hope you made some money too.
Anyway good luck.

USDjpyFX

The Forex Mechanics are going long on USDjpy this morning we place a buy stop at 117.567 and place a take profit at 117.935. This is about 38 pips. But we are locking a profit at 20 pips.

ANOTHER PIPS TODAY

EURcad moved 54 pips about 6 pips away from our T.P we still trailed about 40 pips before it came back. So EURcad moved almost 115 pips today . Anyway we hope you made it too.
See some of our trades below

We are still in the trade below and the CADjpy is really in negative at the time of this posting.

I know you are waiting to read the analysis about GBPusd. Don't worry we are still care fully watching before we come out with the report.

See You

EURcadfx

The Forex Mechanics are trading long on EURcad this morning and this pair is going to remain long for a very long period. So we are placing a buy stop at  1. 45871 and we are taking profit at 1.46510 . But we shall be locking profit at 15 pips just for today because it has moved 91 pips already and we thing it will soon be tired for today to resume tomorrow.
We are looking at about 700 pip till about match next year. I will show you later why the Forex mechanics are working on this permutation

See Our Pips Today

The Forex Mechanics  just wanted you to see this. Remember i told you we took EURusd for 20 pips. Just t compare the chart below with the chart i showed you in the morning.
Now see our pips below on EURusd.

 See the trades of AUDs we took in the morning . If you watch the reactions of these pairs. you will discover that they initially went against us before coming back to profit level. And that is why we don't use stop loss.Once we place our trade. We are 80% sure it will return to our direction. Even the news respects our trades.And if you don't trust us by now well that means we  can't help you.

We have locked 12 pips on AUDusd and AUDjpy. Remember i warned you that this pair is very slow. Our principle is once we see profit. We take it, anything from 10 pips.
See You Later