Trading With Linorth
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www.Linorth.com
The only LIVE educational class on Forex!

My Signal Service Bot: @Linorth_bot
Performance of Signal Service: Linorth.com/signal-stats
(for more info: Linorth.com/signal-service)

Admin: @Linorth
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#usdcad - here is another way of seeing it. a friend of mine did this one, but I trust his judgement too. enough to make me doubt my own sometimes! lol
#USDCAD - I have set aside my own bias towards this pair and have redrawn my lines on it solely based on the price movements. when it reaches that blueline, I will make my decision to enter
#USDCAD - its been stuck in the same range for the past 8 weeks (the pink lines) and some look at the head and shoulder pattern and some look at that triangle looking thing, and expect higher prices (top two lines), but I believe with more tentions around oil we will see CAD getting stronger in the near future, forcing this pair down.
#USDCAD - Sell order

ideal entry: 1.31700
stoploss: 1.32350
target: 1.31050
wow this week really isnt my week.
the #USDNOK and #GBPUSD trades went fine, but the other two (#DXY and #USDCAD trades) failed.
I didnt expect the talks of tradewar deal to push the USD higher like this, I expected the DXY to fall with gold just like how they raised together during tradewar tensions.
Just got a big batch of #orderflow info which are valid till the end of trading day.
(just to clearify: these are not my trading signals! you are meant to use them as a tool for finding out how the big players view the market. you can still trade these levels of course, but if you do, do it on your own risk)


The numbers are in Billion dollars.

#USDJPY
108.60 (1.28$)
109.70 (1.02$)

#EURUSD
1.1010 (0.55$)
1.1040 (1.56$)
1.1200 (1.45$)

#GBPUSD
1.2800 (0.778$)
1.2700 (0.753$)

#AUDUSD
0.6800 (0.431$)

#NZDUSD
0.6350 (0.359$)

#USDCAD
1.3210 (950$)
1.3260 (435$)

#USDCHF
0.9900 (0.740$)
0.9870 (0.530$)

#EURGBP
0.8500 (1.15$)
0.8700 (0.755$)

#AUDJPY
75.00 (0.827$)

#USDMXN
19.43 (1.25$)

#USDCNY
7.100 (0.580$)
7.010 (0.466$)
7.000 (0.910$)
Opening

#EURUSD 1.1095
#GBPUSD 1.2997
#AUDUSD 0.6875

#USDJPY 110.07
#USDCAD 1.3062
#USDCHF 0.9682
Forwarded from Linorth Signal Service
#USDCAD - H4

ideal entry - blue line - 1.3931
stoploss - redline - 1.3830
target 1 - green line - 1.4075
target 2 - green line - 1.4220
Second week's signal results:

#Gold +200 pips
#NZDUSD +150 pips
#GBPUSD +250 pips
#AUDJPY (still running, currently at +80 pips)
#EURUSD +60 pips
#USDCAD +150 pips
____________________
total so far: 810 pips


from last week we had #AUDUSD which hit my stop so I'm going to deduct 100 pips from the result for that which brings the total of both weeks combined to +1410 pips of profit.

Dollar amount of profit if taken by standard lot volumes:
0.01 lot = $141
0.1 lot = $1410
1 lot = $14100

monthly price of subscription: $20!


I need to also say something about the payment option, unfortunately I can't add paypal or other conventional payment methods since I live in a sanctioned nation and they will easily freeze my funds if I use their services. I get that the fees might be a bit too high for BTC payments, but I think $20 per month for signals of this quality is a good price to set and you can just buy and renew your subscriptions on a 3 month basis instead of doing monthly payment. even with 3 month payments I'm still losing money from the transfers of BTC to USD and then USD to Rials, so by the time your $20 gets to me its more like $14 in my account. yet I don't want to raise prices to make it hard for people with smaller accounts to join the service.
so if you can just do me a solid and think about buying 3 month memberships to keep the service alive, I would dearly appreciate it.
Thank you.


Also, if you don't have a trial to the service, don't worry about it, I had given everyone a month of free subscription as the trial and for the next 2 weeks the signals will be shared to the channel here. but I'm afraid once this 2 week period runs out there won't be any more trials for the service. I just gave a heads up 2 weeks in advance to allow everyone to have enough time to sort their coinmama or coinbase accounts sorted out for the subscription of service.

Have a great weekend everyone.
Forwarded from Linorth Signal Service
#USDCAD - H1

Idean entry (blue line) - 1.4070
stoploss (red line) - 1.4120
target 1:1 (green line) - 1.4020
target 1:2 (green line) - 1.3970
Forwarded from Linorth Signal Service
#update

Ok, so this week wasn't a good one. mostly because of trump making it sound like a vaccine is ready to be pumped in the market for mass use (which is yet another one of his lies)
but nonetheless, it goes to show that bad weeks happen to everyone just because most of the trades won in the past 2 weeks doesn't mean I can never lose. so always keep the risk and money management rules in place and stay a disciplined trader.

result of trades this week:
#EURUSD -50
#EURCAD +70
#NZDUSD -100
#USDCAD +50
#NZDJPY -140
#AUDCAD -70
#Gold +100
#GBPJPY (still running)
#GBPUSD (still running)
#AUDJPY (Still running)
_______
total so far: -140 pips

Even though most of the positions got stopped out, I didn't want to issue more signals cause as I said, its important to stay disciplined. when the outlook is too foggy to know what is going to happen, its better to wait for another week to take back those pips lost. instead of revenge trading and losing more.


results of 3 week period combined:

Week 1: +700 pips
@eek 2: +810 pips
Week 3: -140 pips
__________________
total so far: +1370 pips


P.S: I think the bot is fixed and now its even capable of sending text-only posts like this one. I'm sending this update to check if it works properly and everyone will receive the text update messages. but I will also send a test image to see if the system works for sending out signals as well as text-only updates.
if both work properly, I will send out signals and do the updates directly from the bot and will keep the channel for sharing fundamental updates and other announcements unrelated to trading.
Trading With Linorth
#Gold - #update gave us a clean entry and now I have put 1:1 to 1:3 targets on the chart. I think its going to at least attempt to create a head and shoulder pattern, yet I think we are likely to see a correction to the down side once it reaches 1746 price…
it reached the 150 pips target so I'm going to add that to this week's count.
I personally think it will retrace down one more time and since its Friday, we can just close out to avoid gaps over the weekend.

result of trades this week:
#EURUSD -50
#EURCAD +70
#NZDUSD -100
#USDCAD +50
#NZDJPY -140
#AUDCAD -70
#Gold +250
#GBPJPY (still running)
#GBPUSD (still running)
#AUDJPY (Still running)
_______
total so far: +10 pips

not a good week by any means, but I feel like its mostly my fault for getting hasty with entries, had I been more patient I could have shared better entries and not get stopped out on some of these positions.
I usually just watch the market on Mondays and trade from Sunday to Thursday and close out on Friday.

but I'm still adjusting to this signal sharing process and trying to find a method that is both effective and useful for the subscribers. its one thing for me to just share a trade, its another thing to do it in a way that allows everyone to enter with me.
I'm sure we will figure it out together as we go along.

oh almost forgot to say that next week is the final free week of the signal service and after that there won't be any trials available for it, so if you haven't subbed yet, make sure you do it before your subscription runs out. I suggest doing the BTC payment over the weekend when the market is less volatile and I also suggest you make sure you do the whole process of buying BTC and paying via the bot in the same day (preferably in the same 2 hour period) to avoid the price fluctuations of BTC.



Thank you all for the kind words of encouragement and all the support you have shown me
I dearly appreciate it

Kindest regards
-@Linorth
Forwarded from Linorth Signal Service
#USDCAD - H1

Ideal entry - blue line - 1.39840
stoploss - red line - 1.39320
1:1 target - green line - 1.40322
1:2 target - green line - 1.40800
1:3 target - green line - 1.41320
unfortunately #GBPJPY, #USDCAD and #AUDUSD trades got stopped out.
I can't make sense of this market.. US tech index almost at pre-corona historic high and S&P500 gaining on such low volume..
seems like fundamentals don't matter when they are not in the best interest of big players!
I still don't believe the gains are sustainable and are mostly result of hopes of vaccine and a quick recovery, but soon the economic data will come to crush that hope. I think June is going to be the reckoning month for the market.

I think I need to run some multiple timeframe analysis again and change my style of trading and make it more heavy on the technical side instead of fundamentals.
Forwarded from Linorth Signal Service
#update

Alright, this week straight up sucked for me. not only most of my FX trades got stopped out, but also I lost money on my trades on S&P500 index. so overall was a very bad week for me. I basically had the wrong bias towards the market (expected a heavy selling on stocks and demand for USD to surge in the FX market but it didn't happen and the opposite happened (hope of vaccine and recovery pushed other currencies up against USD while stock markets around the world recovered slightly) but I still believe this is going to be short lived and another fall in stocks is on its way, since even the current climb is very low volume and is fueled by the feds creating inflation. even feds can't stand in the way of bankruptcies on a corporate level so they know and you can hear it in middle of their speeches that they expect another fall in the market as well and don't expect a fast recovery at all.

I don't want to revenge trade and change direction mid week, instead I'm going to stick to my discipline and find better trades to make up for the losses next week and find better entries. the only thing I will enter this week if getting the chance, is gold, which I shared its chart with you already.


This week results:
#USDCAD -50 pips
#GBPJPY -90 pips
#EURUSD -115 pips
#AUDUSD -90 pips
#GBPUSD -200 pips
__________________
total -545 pips


that brings the monthly result to:
Week 1: +700 pips
Week 2: +810 pips
Week 3: +10 pips
Week 4: -545 pips
__________________
total pips: +825 pips


we basically had 2 good weeks followed by 2 bad weeks.
for upcoming month (June) I will try to avoid forcing my own bias and instead share both ideal entry and exit points for bullish and bearish bias along with my own signals that are based on my own bias. so if you didn't agree with me on the bias, you can still use my analysis for your entries on the opposite side of the market.


I'm also adding PerfectMoney as a mean of payment on the bot, its like paypal but I'm allowed to use it!
so if Bitcoins are a hassle for you to use, you can create a perfect money account (perfectmoney.com) and have it verified and use it for subscribing to the bot once the gateway is ready (I think it will be done tomorrow)


Thank you all for the support
Regards
-@Linorth
Trading With Linorth
#Gold - #update gave us a clean entry but selling pressure still seems strong. bears are pushing for their exit at the bottom of the PRZ 1690 but at the same time Nazdaq and S&P500 got hit by trump's feud with twitter. oil also seems like getting ready for…
reached its 1:1 target of 260 pips so I'm going to count this on the weekly count.


This week results:
#USDCAD -50 pips
#GBPJPY -90 pips
#EURUSD -115 pips
#AUDUSD -90 pips
#GBPUSD -200 pips
#Gold +260 pips
#AUDCAD +60 pips
__________________
total -225 pips


that brings the monthly result to:
Week 1: +700 pips
Week 2: +810 pips
Week 3: +10 pips
Week 4: -225 pips
__________________
total pips: +1295 pips

profit if taken with different standard lot volumes:

0.01 lot = $129.5
0.1 lot = $1295
1 lot = $12950


Cost of monthly subscription: $20



Since bot has been fixed, from next week the signals will be sent to subscribers only via the bot as the 1 month free trial has ended.
The bot doesn't give a trial period as its based on telegram app, but if you register and use PerfectMoney payment method to buy your subscription, you will have a 7 day money-back guarantee (minus the %1 fee of payment gateway)


Thank you all for the support
Forwarded from Linorth Signal Service
Signal Type: New Order
Order Type: Market Sell
Instrument: #USDCAD
TimeFrame: H1
Entry Price: 1.34085
TP1: 1.33785
TP2: 1.33520
SL: 1.34410
Forwarded from Linorth Signal Service
#update

#GBPUSD and #EURAUD hit their targets and the other positions are still in good shape.
I was tempted to replaace a #usdcad trade with #AUDUSD trade. but I thought not everyone can see it in time to close while its still above entry point so I decided to stick with it and ride it out.
so I will just add the USDCAD trade to the mix instead (will send out the signal shortly after this message)
Forwarded from Linorth Signal Service
Signal Type: New Order
Order Type: Market Sell
Instrument: #USDCAD
TimeFrame: H1
Entry Price: 1.25750
TP1: 1.25450
TP2: 1.25150
SL: 1.26050
Forwarded from Linorth Signal Service
#update

#USDCAD trade reached the target and #AUDUSD is also very close to take profit. but I feel like it might reverse before going the last 10 pips so lets just close it and save our profit on this pair as well here on 0.79700