Tuesday, 9 June 2020

Buying AUDjpy

Hi Everyone,
Sorry didn't know what i was doing . Mistakenly deleted  post .
Anyway we are buy AUDjpy and our buy stop has been triggered

our Take profit will be  74.951 now


Take care guys

Thursday, 4 June 2020

Still Waiting To See Where EURusd will go

Hi Everyone,

The Forex Mechanics are saying we should wait  a little longer to see what EURusd will do  next . On daily time frame it seem it will continue North but when you   look at weekly time frame. It has hit the Resistance at 1.13601.See it below

If it breaks that price level of 1.13601 and closes on it then the next profit target will 1.14463 which is about 82 pips from where it is now.

So guys see you later.

Wednesday, 3 June 2020

Watching EURusd

Hi Everyone,
The Forex Mechanics are very much expecting EURusd to fall like a pack of card just like EURcad did.

See Analysis below

On a monthly Time Frame The Forex Mechanics sees a trend Line that is well respected and we see that region as key decision area See it below


That trendline has been well respected since 2008 So the price is going to hit the trend line in future . But there is nothing like a straight movement in Forex it moves in a zig zag way meaning that along the way it will reverse at some key level areas on a lower time frame . This is why we are going to be looking at the weekly time frame below.

                         

At the Forex Mechanics Workshop we believe that the price will hit 1.13687 which is a key level area on a weekly time frame before reversing. But lets see what is happening on a daily time frame Below 


The price has broken another area of reversal  at 1.12255 level if the price closes above  1.12255 price will continue to the North but if it will reverses it the price closes below 1.12255 . So  The Forex Mechanics are watching.

See you later guys 





Friday, 29 May 2020

Still Selling EURusd

Hi Everyone,
The Forex Mechanics are have taken profit on USDcad today and we are still selling EURusd as it yet to trigger our sell stop
.
If you watch the Chart below you will see that EURus is yet to take off. You will also see how much we have taken on GBPjpy. We lost some and we gained more



See You Guys


Thursday, 28 May 2020

Selling EURusd

Hi Everyone ,

The Forex Mechanics are shorting EURusd

Sell Stop                                   1.10737
Take Profit                                1.10360

We are still very much in USDcad as the radar kept ticking that it will still go Northward .

We dont like trading it because USDcad is a very slow moving pair but onc it moves it moves nicely

Thanks guys.

Note:The Forex Mechanics will not be held responsible whatsoever as we are not saying you should trade with us . This is just for educational purpose only.

Buying USDcad

Hi Everyone,

The Forex Mechanics are Buying USDcad this now .

Buy Stop     1.37827

Take Profit 1. 38420

Our EURjy hit the target profit yesterday even though the Forex Mechanics trailed the stop twice . Confirm below.


See you later guys

Wednesday, 27 May 2020

EURjpy to begin to sell

Hi Every one,

Quit a long time isn't yeah . The Forex Mechanics just decided to take sometimes off.

Today we are beginning to look at EURjpy. We are expecting it to retrace so the Forex Mechanics

have placed a Sell Stop        At           118.700
And we are    Taking Profit At            118.350

See you later guys