Trading With Linorth
#EURAUD - 2H - Buttom of the channel, if it holds the support here, it can move up towards its first target (first resistance) which is 100 pips.
Trading With Linorth
#EURAUD - H1 - #update - #EURAUD - H1 - last time I shared it I expected it to go up for 100 pips, it went up for 70 pips and reversed back down and now as you can see it has formed a triangle pattern
I personally saved my profits after the second hit to the 1.51650 resistance line, but forgot to update you guys and tell you to close it, so I'm not going to count the 70 pips I got from it in our weekly count. but this time I'm longing this pair again.. first target is 70 pips, second target is 100 pips and the last target is 150 pips.
Trading With Linorth
#AUDUSD - triangle pattern - going for a 30 pips target.
this one came back and hit my stoploss due to news event on AUD I think. so I'm counting -15 pips for this one.
#USDJPY - H1 - it has broken throught he decending trendline and is on its way to its 100 pips target.
Trading With Linorth
#USDJPY - H1 - it has broken throught he decending trendline and is on its way to its 100 pips target.
unfortunately this one hitted my stoploss as well, a -30 pips!
I'm currently looking at it trying to find a good entry for selling it to maybe make back the losses.
I'm currently looking at it trying to find a good entry for selling it to maybe make back the losses.
Trading With Linorth
#EURAUD - H1 - #update - #EURAUD - H1 - last time I shared it I expected it to go up for 100 pips, it went up for 70 pips and reversed back down and now as you can see it has formed a triangle pattern
on the other hand, this one is in profit, I'm closing my order here in 45 pips profit, and wait to see if it breaks through the topline of triangle pattern or reverses down again.
#EURAUD - broke out of the triangle - going for a 80 pips target
#EURAUD - since putting targets in pip amounts can be confusing, I'm going to put up flashes on my chart so even if you see the analysis late, you can see where was my target for the trade.
Trading With Linorth
#EURAUD - since putting targets in pip amounts can be confusing, I'm going to put up flashes on my chart so even if you see the analysis late, you can see where was my target for the trade.
#EURAUD - #Update - I'm still in with my buy orders, I think its creating a pullback to the top line of the pattern so I have a buy limit there (at 1.51505)
but I have lowered my target a bit (to about 65 pips from the 1.51505 order) so it can have a better chance of getting hit. and after this trade on this pair, I will look for a good opportunity to sell it since I expect it to create another swing high and then dive down.
but I have lowered my target a bit (to about 65 pips from the 1.51505 order) so it can have a better chance of getting hit. and after this trade on this pair, I will look for a good opportunity to sell it since I expect it to create another swing high and then dive down.
Trading With Linorth
#EURAUD - #Update - I'm still in with my buy orders, I think its creating a pullback to the top line of the pattern so I have a buy limit there (at 1.51505) but I have lowered my target a bit (to about 65 pips from the 1.51505 order) so it can have a betterβ¦
It moved towards my stop and got very close but I had a 1:2 risk to reward ratio on my 1.51505 order which was a heavy one (3 lots) and I kept it open. But Im closing it here in 40 pips of profit and get out of this pair since its friday and I dont want to hold the order open over the weekend.
You can stay in on your own risk tho π
You can stay in on your own risk tho π
Trading With Linorth
#EURAUD - since putting targets in pip amounts can be confusing, I'm going to put up flashes on my chart so even if you see the analysis late, you can see where was my target for the trade.
Trading With Linorth
#EURAUD - since putting targets in pip amounts can be confusing, I'm going to put up flashes on my chart so even if you see the analysis late, you can see where was my target for the trade.
#EURAUD - 80 pips of profit. I will do the end of the week count very soon. since I'm done for the week.
ok so here is our end of the week count, I will do a monthly count as well every four weeks, so we can keep track of our progress.
results of this weeks trades:
#EURNZD +280 pips
#AUDNZD -8 pips
#AUDJPY -15 pips
#EURAUD +150 pips
#AUDUSD -15 pips
#USDJPY -30 pips
___________________
total +360 pips of profit.
not as good as the past 2 weeks but still a good record.
results of this weeks trades:
#EURNZD +280 pips
#AUDNZD -8 pips
#AUDJPY -15 pips
#EURAUD +150 pips
#AUDUSD -15 pips
#USDJPY -30 pips
___________________
total +360 pips of profit.
not as good as the past 2 weeks but still a good record.
#Gold - for next week I will try to go long on gold again, in three different price levels. First target 1293.00
#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
#GBPNZD - I'm buying it with a small size for 300 pips target, and my stoploss for it is 150 pips!
the target of the pattern is 500 pips, so if you wait on it, you can have 1:5 risk to reward on it
the target of the pattern is 500 pips, so if you wait on it, you can have 1:5 risk to reward on it
Trading With Linorth
#GBPNZD - I'm buying it with a small size for 300 pips target, and my stoploss for it is 150 pips! the target of the pattern is 500 pips, so if you wait on it, you can have 1:5 risk to reward on it
I have some personal problems today and won't be able to trade at all, I'm closing my order on this pair since I will have to be out all day.
I think GBP and EUR are good currencies to focus on for this week. hopefully I will be able to start tomorrow
I think GBP and EUR are good currencies to focus on for this week. hopefully I will be able to start tomorrow