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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Forwarded from Linorth Signal Service
#EURUSD - H4

Ideal entry (blue line) - 1.0950
stoploss (red line) - 1.1000
target 1:1 (green line) - 1.0895
target 1:2 (green line) - 1.0840
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
#EURUSD - H1

last week I got stopped out, but I still believe it has nowhere to go but down. so here is another opportunity to short this pair.

ideal entry - blue line - 1.09100
stoploss - red line - 1.10231
1:1 target - green line - 1.07930
1:2 target - green line - 1.06770
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 Buy
Instrument: #EURUSD
TimeFrame: H1
Entry Price: 1.12921
TP1: 1.13167
TP2: 1.13420
SL: 1.12669
Forwarded from Linorth Signal Service
Signal Type: New Order
Order Type: Market Buy
Instrument: #EURUSD
TimeFrame: H1
Entry Price: 1.16565
TP1: 1.17290
TP2: 1.17975
SL: 1.15799
Forwarded from Linorth Signal Service
Signal Type: New Order
Order Type: Market Buy
Instrument: #EURUSD
TimeFrame: H4
Entry Price: 1.21750
TP1: 1.22460
TP2: 1.23170
SL: 1.21035
Forwarded from Linorth Signal Service
#update

since all the positions shared reached their target Im closing out of the #EURUSD trade here and save the profit on it so I can end the week early, even tho the head and shoulders pattern on the chart suggests it can go even a bit higher than the target I had on it. but Im not going to stress about the few pips left on the position and just close out.

this was a good week after all the pausing on sending out signals. and since my bday was last week I shared the signals on my channel as well so others can use them.

will still keep an eye out and if I find a decent trade I will send it out.

have a nice weekend everyone.

regards
@Linorth