GBPjpy

Hi Traders,

We are watching GBPjpy and GBPusd with kin interest . The reason is, on the Weekly and \Daily Time Frame . It has reached a Resistance Level . The Price is now at 143.795. So we are going to take profit and wait to see if its going to break the Resistance or  Not.

Bye

Checkout Our Trades

Dear Traders 

We just wanted you to see all our trades from 17th of Jan, for you to know that we are long term traders at the Forex Mechanics Workshop. We also lose as well , but 80% of our trades are always on profit . We are still in AUDchf though we are watching and we are still in NZDusd as well . So that you will know that we do what we say. But that we are in  negative now does no mean that we are going to lose in the long run . All those trades that are now in profit were in the negative that is why we are long term traders. The same applies to our standard account.

We just want you to see how we trade. 

  

Going Long on AUDchf

Hi Everyone

The Forex Mechanics are going long on AUDchf . We are already in the trade and will be taking Profit At 0.71842.
We will be locking 10 Pips as the Stop Loss

We are also going South on NZDusd as well.

Sell Stop :             0.67175
Take Profit:          0.66970
That is about 20 Pips


Have a profitable day

35 Pips Already on GBPJPY

Hi Everyone,

About 35 Pips on GBPjpy already . We think that should be enough for a nice Friday . The Forex Mechanics are getting out of the trade because we don’t know what might happen next week . See the Chart below We published this pair that The Forex Mechanics have placed a  Sell Stop At 141.550 and now the Price is At141.186. Do the Maths yourself

Anyway have a nice weekend

Byeeeeeeeee

GBPjpy 90 Pips Retracement to the South

Hi everyone,

 We are going to be selling GBPjpy temporarily before going back to the North

The Forex Mechanics have placed

Sell Stop At 141.550

Take Profit At 140.935 .

That is about 90 90 Pips Retracement.

Our Culture at the Forex Mechanics Workshop is to always take out 10 Pips that we always use as our Stop Loss.

We still hope and believe that USDjpy will end South for the month of January. Before finally heading for a long Journey to the North

We will start full publication in February when Volatility usually begins every year.

Thanks 

Good Luck

USDjpy South Bound

Hi Everyone,

The Forex Mechanics are back again . Without much talk we hope to let you know that the Forex Mechanics are going South with USDjpy . We are already in the trade. We will  re-enter at 108.035 Price Level and take profit at 108.096835. That is about 50 Pips

Never mind we are mindful of the Long Hammer formed at Weekly and Daily Time Frame. For now we remain temporarily South Bound.

We will be feeding you back later

Thanks

Over 100 pips today

Happy New Year To Everyone,

We are in over 100 Pips today on GBPjpy and about 30 Pips in USDcad . Although The Forex Mechanics are yet to come out with our trade for the month.
January is always very tricky. So we are going to really wait for the road to clear before we can hit the road.

However we believe that GBPjpy will hit 139.175 Price Level before turning back  the price is currently At 137.933. So we are talking of about 80 Pips North

See Our Chart Below:

Wishing you a prosperous New year