on an unrealted note, Iran has been selling its oil for $57 per gallon and the recent petrol price hike was to cover the government's budget which it no longer can cover by selling oil due to sanctions.
this peace of information is important because it shows that even during an economic crisis they are not willing to sell the oil for less than $55 per gallon. so that should tell us that a market price below the $50 per gallon is not sustainable long term (the factories need a price above $32 per gallon to break even on the costs alone, so the supply in <$50 prices is bound to dry up eventually)
so I think you should be bullish on oil long term (I signaled for going long on WTI crude from around $51.8 in this channel back in October for the target of 61.61 and the last price I saw last week -I currently don't have access to market data at all!- it touched $58 per gallon)

I'm glad I decided to close down my money-management business last month. I was afraid this internet problem might happen, so I decided to stop it before I get stuck in a messy situation of having open orders in the market and no access to my trading accounts to manage them.
I fucking hate living here 😒

Im back again!
its getting harder and harder to stay ahead of the restrictions but it seems like the government is reconnecting the people slowly.

Im hopeful I will be able to get back to work on Monday!
in the meantime, feel free to join my bot (@Linorth_bot) for the signal service. it has a free 7 day trial but Im going to add another week to that and use these 14 day period for finding and fixing the possible bugs.



Thank you for all the supportive messages during my absence, I dearly appreciate it.

sorry guys, seems like there was a problem with the free trial of the bot. apparently it wasnt free and asked users to pay like 2 dollars for the trial which was a mistake. I've fixed it now and its free of charge to join the bot.
the registration is also pretty easy and can be done in less than a minute!
@Linorth_bot

sorry again for the problem.

I'm sending this week's signals through my bot at @linorth_bot
if you haven't joined the bot yet, you can do it now as its going to be free for the next two weeks.

since some members still had problems with joining the bot, I'm going to also post them here while my developer fixes the bugs of the bot.

#GBPCAD - bullish view

ideal entry: blue line (1.70250)
first target: green line (1.73700) with the stoploss behind red line (1.66820)

Final target: green line (1.77230) with the stoploss behind red line (1.62880)
Sent to 35 Person(s)
Time elapsed: 5 Second(s)

#NZDUSD - Megaphone pattern on its 5th wave.

ideal entry: blue line
stoploss: red line
target 1 and 2 : the green lines
Sent to 35 Person(s)
Time elapsed: 5 Second(s)

#gold - updated weekly analysis

the area I have highlighted in grey, is the target for the bears. I expect the correction to end there and then we are likely to see another bullrun towards the PRZ area (dark bluehighlighted area)
I would look to buy in the grey area, and if I want to scalp, I would sell at 1470ish with a stoploss behind 1495 and the target of 1420

the area highlighted in gold, is the ultimate target for the bears who have shorted gold inside the PRZ area. so my stop for the longs in the grey area will be behind that golden area, and if bears push towards it, I will add to my longs around 1381 price range and hold for the price to correct back up to the topline of the grey area.

#institutionalOrders

Last Tuesday Morgan Stanley has entered a buy order on #NZDCAD at around 0.8420 with its stop at 0.8220 and the ultimate target of 0.8800

____

in case you are planning on trading this chart, I thought you might find the price levels of their trade interesting or useful for your own trading/analysis.

From now on, you all will be able to comment under my posts in this channel. so you can easily share your opinions publicly. I have always tried to keep everything as transparent as possible, so hopefully this will help adding more transparency to our communications here. just please do not advertise anything in comments as it will end with the advertiser getting blocked from this channel forever. I don't put ads on this channel or my website because I value the attention of my followers more than ad money. so I will not allow others to do it either.


in other news..
I'm relocating my website again, to a new server from a new hosting provider as the old server had problems causing my telegram bot to malfunction and their support was nonexistant.
the relocation will take less than 48 hours and after the relocation I will add another free week to accounts of all of you on the bot (and will keep doing this until the system is completely free of bugs and problems)

Thank you all again for all the support.

Regards
-Linorth

#NZDUSD - target reached - congrats to those of you who took it.

now that red line is where I expect the fifth wave of megaphone pattern will end and since we have had a sharp move up, the correction down might take more time until we reach midline of the pattern again.

this one is also moving on its path.. about 180 green pips so far.

sorry for the lack of activity guys, I'm putting some cool stuff together and in the next 24 hours I have a big announcement in which I will talk about the programs (trade-copying platform, trading bot development program and backtesting platform for my followers to name a few!)
you guys enabled me to do so much and Im so grateful for it, thank you once again for all the support you've been showing me. I'm doing everything in my power to make it up to you all by giving back as much as possible

stay tuned for the announcement ;)

Here is what I'm planning to do to my signal service.
https://linorth.com/the-future-of-signal-service/
its just a suggestion at this point, but I really think its a good idea to work towards building real traders than just simply followers.

let me know what you think in the comment section ;)

first target got hit. congrats to those of you who took it.

WTI Crude #Oil > $58.50

My developer is working on the website to fix the emails issue (mails from website ending up in spambox of members instead of inbox) and also integrate the bot into the new hosting service and upgrading it with some new features to make working with it easier for members.

I think all the work will finish by saturday and for next week I will start the fundraising period for the copy-trading platform and trading bot factory (a platform for developing trading bots) of my website and we'll see how that goes as well.

Thank you all for the support
I appreciate it

Regards
@Linorth