Longing On EURnzd

Hi Everyone,

Quite sometime isn't it? Yea! The Forex Mechanics have been busy working on something great and we shall be coming out with a bang soon.

Well today we shall be going long on EURnzd

We have have placed a Buy Stop    At 1.75118

Take Profit                                        At 1.75560

Anyway we will be taking about 12 pips on this one because of the spread and as you know we will be trailing the rest of the profit.

So why are we going to the North

Without bothering you with too much details, You will see that the pair has broken the Resistance and has pulled back to it 1.74086 Price Level . And before then we have having Higher High . This is one of our strongest indicators to go in line with the Current Trend

So i wish you the best

EURnzd Driving South

Hi Everyone,
We were able to scalp something out of GBPjpy yesterday. You will see it in the Chart below.
This morning we are going South with EURnzd.
We place a Buy Stop                       1.75385
We Take Profit                                1.75075

We will be taking the first 10 Pips at 1.75151

The Forex Mechanics will be analyzing this trade later

Take Care and God Bless You

Buying GBPjpy

Hi Everyone,

Perhaps in most part of Africa most people are asleep now . We are also supposed to be asleep now but not when money is involved. The only thing we know to do as Forex Mechanics is to trade Forex so we only sleep when we are sure there is nothing to do.
So that explains the reason why we are still up by now.

Well enough of  rhetoric.   
We just discovered GBPjpy might be going up North for another day. And we are already swimming with it
We Entered At                                              148.176
we Will Take Profit At                                 148.844

That is about 60 + pips. 

but remember our rules 10 Pips First        148. 280

We will analyze this trade later 

\\\\\\\\\So Later

S.S Taken

Hellooooooooo,

Our Sell Stop has already been take and you can now see what is happening yourself

Heading for profit now.

USDcad Shorting

Hi Everyone
Our Buy Stop For EURusd was not taking yesterday but we are still in the trade please refer to the post we made yesterday .
Today The Forex Mechanics are going short on USDcad

Sell Stop                             1.29665
Take Profit                          1.29319

That is about 39 Pips . However if our S.S is taking we will take the first 10 Pips and trail the remaining.
We should let you know that this is not a recommendation for you to trade as you already know this is just for you to know what we are doing behind the closed door.

Let Us Analyze The Trade Together

The upper Trend Line is the Logical Area of Resistance and you will see that prices have always been turning back on getting to that upper Trend Line for a very long time. This time the price got to that level and turned back again ,so what do you think is going to happen ?
The Forex Mechanics think it will get to the Level of next Support before it decides on what to do next. and that is the White Line . That Price Level is 1.28974 . We don't know what will happen when it gets to that Support Level but the likelihood is that the price will get to the White Line.
And the probability is 80/20  profit to loss ratio.
By the way the analysis is based on Daily Time Frame


The Forex Mechanics are wishing you well

LONGING ON EURusd

Hi Everyone

We were able to pick 30 Pips on EURjpy on Friday just within 2 hours. The Forex Mechanics went for 67 Pips but 30 Pips is okay .
Well This Morning we are Longing on EURusd

Buy Stop     1.16110
Take Profit  1.16214

That is about 20 Pips
We will take 10 Pips first in case it goes our way then trail the remaining

Wishing You A nice Day

Shorting CADjpy

Hi Friends



The Forex Mechanics are Shorting CAd/jpy
We Entered At                                       86.077
We will be taking the First Profit At    85.946
We are trailing to about 67 Pips after taking the initial 85.379
That is the Trade below

Talk to you later guys