Im also long on gold again.
had carved about %18 off of it on the previous climb.. now its close to PRZ area at 1720-1800 range.
I expect it to climb as BTC corrects (money moving from BTC -and maybe stocks- towards Gold and safe haven currencies like JPY and CHF)


Dollar is still structurally weak, despite the heavy short position piling up, any corrections would be temporary and downtrend will resume.

here is a great read for you over the weekend:


ICYMI: "I’ll say this again. I believe that future investors will look back on the present moment the same way that we look back on the 1929 and 2000 extremes. People will use us to teach lessons to their children."
https://www.hussmanfunds.com/comment/mc210201/

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

Signal Type: New Order
Order Type: Market Buy
Instrument: #GBPUSD
TimeFrame: H1
Entry Price: 1.40800
TP1: 1.41150
TP2: 1.41500
SL: 1.40450
#Explanation: small play on this pair. (for this week I'm only going to share short term trades)

Signal Type: New Order
Order Type: Market Buy
Instrument: #AUDUSD
TimeFrame: H1
Entry Price: 0.79251
TP1: 0.80001
TP2: 0.80751
SL: 0.78501

Signal Type: New Order
Order Type: Market Sell
Instrument: #EURAUD
TimeFrame: H1
Entry Price: 1.53600
TP1: 1.53140
TP2: 1.52680
SL: 1.54065

Signal Type: New Order
Order Type: Market Sell
Instrument: #EURCAD
TimeFrame: H1
Entry Price: 1.53253
TP1: 1.52625
TP2: 1.52013
SL: 1.53873

#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)

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

#update

guys lets close our #EURCAD trade here. I dont like the way its tick chart looks and we already have the USDCAD trade going for the CAD effect of this pair.
since it came close to our target once and bounced back and we also have the EURUSD trade in the mix, its better to save profits here.

#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

#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

by the way, if you want to join the signal service you can do so by clicking on @linorth_bot and sending a hi message to the bot (it will guide you through the registration process)
the result of the signals are available here:
linorth.com/signal-stats/

when there is no result for a week thats because there have been no signals shared in that time period (quality is more important than quantity for me) but the subscription periods always get renewed for those delay times so it won't count against your subscription anyways. (you won't be charged for my off weeks, basically)


thank you for the support. I appreciate it.

Results for this week's signals and we still have 3 days left of the week!
linorth.com/signal-stats/

(@Linorth_bot)

#update

Hello!
I hope you had a nice weekend.

As you all know the new stimulus package got passed so its normal for everyone to expect more injection of USD in the market and more weakness for USD in the upcoming days. but for now, I expect a bit more of temporary movement in the direction of USD getting stronger before the checks are actually distributed and the money moves towards stock market.


Im going to watch the market for a couple more hours and then I will start issuing signals for this week.

linorth.com/signal-stats/

You can sign up for the signal service by clicking on @Linorth_bot and sending a hi message to the bot.
(its a premium service!)

___

P.S: if you had any problems with the bot, you can let me know by clocking on @Linorth to reach me directly on telegram.

Hope you all had a nice weekend.

last week was very rough for me trading-wise. as you can see here linorth.com/signal-stats/ (in case you doubted I post real results lol)
but this week I'm hoping to scoop back up all the lost pips.. but there is still time to join if you want to! (just click on @Linorth_bot and send a hi message!)

for this week I'm betting on more correction on USD before another wave of shorts get piled on. we'll see what happens..

https://www.youtube.com/watch?v=rsCul1sp4hQ

A monkey playing Ping Pong with his mind!
Neuralink project is advancing fast!

how much longer before we reach singularity?

origin story of #Gold!

Well...this place has been dead since I got into NFTs last year.
but I'll be back for continuing sharing signals on FX and Crypto markets very soon!

this time I want to move things entirely to twitter.
signals or analysis shared will be free for everyone.


https://twitter.com/Linorth
is my twitter account for my FX content.

I wont close this channel and will keep it as is, mostly because its like a trading journal for me.. a history of my biggest wins and biggest losses along the way. but I feel like twitter might be better for sharing content.

see you guys there.