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