Trading With Linorth
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Trading With Linorth
#AUDUSD - sell at 0.76000 stop loss 400 points, take profit 400 points. start with a very small position, since we will probably have to add to it later, if it moves up above its channel around 0.76250
I already have a sell limit at 0.76210 with a 300 points stop and a 500 points take profit. its 4 AM over here where I live, so I'm gonna sleep for a few hours and I'll be back in 6 hours.
#USDJPY - another possible sscenario for dolar yen. considering how well dollar have been doing lately, its possible that we see a short time rise in the price (triangle breaking from the top)
#USDJPY - what could happen. I might go in with a buy order at 113.855 with a 400 point stop loss and a 800 points take profit
#CADJPY - could it be a double top pattern? or is it a flag pattern trying to break through the resistance line? have it on the watch and wait for a breakout.
#GBPJPY - sell limit at 147.500 with 400 points stop loss and 800 points take profit. I'm expecting a reversal here.
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#GBPJPY - sell limit at 147.500 with 400 points stop loss and 800 points take profit. I'm expecting a reversal here.
lets increase the stop loss on that one to 600 points and take profit to 1200 points. go in with a low volume, we might want to add to our positions later on.
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#NZDUSD - this is what I expect in the next few days.
#NZDUSD I have a sell limit order at 0.73095 with a 500 points stop loss and a 1000 points take profit. in case price made a quick jump up again and then continued to fall down.
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#USDJPY - what could happen. I might go in with a buy order at 113.855 with a 400 point stop loss and a 800 points take profit
the move is way too sharp, I changed my mind about going in with buy orders, instead, I'm putting in a sell limit order at 115.100 with a 500 points stop loss and 1000 points take profit,

(I might divide my order into two or three smaller orders so I have set different take profits at 1000 points, 2000 points and 3000 points.
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adjust the sell limit to 147.445 with the same take profit and stop loss.
I also went in with a sell at the 147.300 since it might not make another jump up. so I went in with a small order a bit sooner.
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also gold made the jump up I expected it to make, and it activated my sell limit order I had on the 1223.20 and 1227.00 and both of them are currently in profit. but I will keep them both for the target of 1180.00 next week.
just closed my two positions on gold from last week on 215 pips and 175 pips of profit. not a bad start for the week.

I think we might be able to go in with buy orders very soon, I just need to see some strong price action movements first.
#USDJPY - sell at 114.200 stop loss 600 points, take profit 600 points. (take profit 2 = 1200 points)
#GBPJPY adjust your take profit to 600 points (1:1 trade) since the price seems like its getting a bit of the resistance on a minor resistance line.

so I'll save my profits after 60 pips and then look for another entry.
#USDCAD - this is where the price is heading towards. its a reverse expanding triangle. I forgot to share its chart this morning.
#GBPUSD - sell limit at 1.28850 with a 300 points stop loss and 300 points take profit. (you can add two small positions and hold the second part for the 750 point take profit)

but keep in mind, its a #risky trade, so go in with small sizes.
#EURJPY - sell limit at 130.135 with a 420 points stop loss and a 600 points take profit
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#USDJPY - sell at 114.200 stop loss 600 points, take profit 600 points. (take profit 2 = 1200 points)
I closed my position on the USDJPY since the acending trend seems very strong. I suggest you do the same if you have taken this trade with me.