In this video I will talk about why there are so many educators on trading forex and how charlatan educators scam the new comers out of their money, and if you stick around long enough, I will talk about my own educational course for trading forex and what makes it different than all the other courses out there
https://www.youtube.com/watch?v=7DQOUg0Cn-A

it was on 51.80 I think when I shared this live call. now its on 54.80. about 300 green pips of movement.

its creating a double bottom pattern and still has room to climb up higher.



Im thinking about maybe starting a patreon account and put more time into sharing live calls you guys can trade and make money from.
like a $10/m subscription for live calls and live trading sessions.
would you be interested in something like that?

If I start the patreon thing, would you join?
anonymous poll

Definitely! – 58
👍👍👍👍👍👍👍 67%

hell no! – 15
👍👍 17%

maybe – 14
👍👍 16%

👥 87 people voted so far.

Im thinking about maybe starting a patreon account and put more time into sharing live calls you guys can trade and make money from.
like a $10/m subscription for live calls and live trading sessions.
would you be interested in something like that?

its an anonymous poll, so no worries about hurting my feelings of nothing.. you can be honest.

Please participate in it even if your answer is no.
Im just trying to see if there is an interest amongst my followers for that sort of thing or not.


Thank you

just to make sure I was clear.

when I say live calls, I mean something like this.
a defined trading opportunity you can take advantage of.


not just basic analysis that I share here. the analysis will always be a free part of my channel.
the patreon thing is about sharing signals and holding live trading sessions and things like that.

This one is a bit of a long rant, but I feel like sharing my thoughts with you guys as well.

I've been offered a position at a swedish investment firm lately, and if things go as planned (I'm going to do a three month testing period on $50K and if my performance during this test matches my track record, I will be managing about $10M of firms assets)
sounds like good news, but I'm already involved in the education of my students who have signed up for my mentorship program, so I'm not as free as I wanted to be.
So at the moment, my only focus is on finishing their education and once I'm done with this batch of students, I will most likely cut the mentorship program completely and keep the educational front to just offering two courses on my website. an introductory course to forex trading which will be free for everyone to take and the advanced course on price action trading will be a paid course but won't include the mentorsihp element (the one on one sessions to monitor their progress and all that jazz) anymore and will be just a video course which anyone can take and use it in their trading.

The thing is, that since I'm currently living in Iran, my living expenses have been so low that I really didn't need to work that hard to make a living wage (the average here is about $5K income annualy!) so I have been able to live a very comfortable living on $500 per month. but as some of you may know, I'm working on starting a company in Slovakia with one of my investors, to be able to both move to europe and grow my business there without having to deal with economic sanctions against my home country.
unfortunately for me, living outside of Iran is going to be very expensive and since I love to play things safe, I have decided I will only move out of here, if I can have 1 year of my living expenses saved up in the bank, so the move don't affect my work (meaning I don't end up risking more because I need to get paid to pay my living expenses) so I'm thinking about creating an stable income before I innitiate the relocation process, to not only have a safety net in the bank, but also have another safety net (stable income) to depend on and survive the ups and downs of running a business on the side.

the idea I have right now, is to start a service of giving my followers livecalls (basically sharing what I will be trading on my own accounts) and charging a monthly subscription which is low enough that even traders with a few thousand dollars in funding can use it to grow their own money.
my thinking is that if I can give everyone at least 300 green pips each week, even with small orders (like 0.1 or 0.05 standard lot orders) they will be able to generate couple hundred bucks each month, so they won't have a problem with spending 10 or 20 bucks each month on getting the tips.

At first I wanted to gather capital and create a pool, so I can trade it and take a share of profits, but the truth is that most retail investors won't behave like institutional investors. they don't think in terms of precentages, they think in terms of dollar amounts, so even a low risk method of trading that I have been using on the MAM account in the past 6 months, won't be that lucrative for them since the money they will get out of it won't be as much as they want. but the same method, is quite valuable for bigger firms that are aiming to gather institutional investors to their firm (hence the job offer I got after sharing the performance on linkedin)

So the point is that I think it might be better for retail investors if I guide them on their trading and charge a fee for that privilidge instead of trying to convince them to let me manage their money and get a share of profits.

(continued from the previous post) Now, I put up that poll, to see if you guys agree with me on this or not. so far it seems like there is some support for this idea so I'm planning on maybe lunching a subscription based system for that. it won't be on patreon and will be on my own website.
but this week (or maybe this month), I'm going to do a trial run of it on this channel first, both to gauge the interest (in terms of views of my posts) and also how many green pips we can harvest this way.
if I move passed the 300 per week limit I have set for myself, I will launch the program and you guys can jump on board.

Thank you all for supporting this channel and me in all my crazy endeavours
I can never thank you enough.

Kindest Regards
-Linorth

I made a very tough decision today.

Today I officially stopped trading on the MAM account since I have decided to temporarily close down my account management services completely.

It was hard to give up on all the funding I worked so hard to bring in, but I need to make some strategic moves to make sure my business will be better off long term.
things are changing quickly and I need to adopt with changes.


I need every bit of time I have before I start my new job, to finish my mentorship program for my students, so I'm closing down the account management services on my website for now, until I establish my company overseas and get the option for creating trading accounts at a well regulated broker through my company, so I don't face the economic sanctions against my nationality.

The signal service thing will be added in near future (probably early November), I will do a trial run live trading for a week or two and then open it up officially so those of you who want to trade with me can join and use my signals in your trading.
I figured it will benefit my retail clients more if I just give them the trade signals and let them do the work themselves, so they can keep almost all of the profits to themselves as well.
its also more fair in my opinion. even tho its my job, I don't think its fair for me to get a big cut of the profits when they are the ones taking all the risks on their funds. so this way it will be more fair for everyone involved.

Thank you all for the kind messages you've sent me about the signal thing. it warms my heart.
I dearly appreciate it.

As it was obvious from the start (July of last year) trade war was doomed to turn into a currency war.
China is finally getting ready to dump US treasury bonds.

so we will soon witness a devaluation of USD and most likely a bull run on gold.

be careful on your trades and protect your capital.

WTI Oil > $55.55

After 20 years of stability, Germany has started buying gold again. so I think this makes it pretty clear that you should be bullish long term for trading gold.

#Gold - H4 - a decent 1:1 trade.

blue line = ideal entry
Red line = stop loss
Green line = target



—
please take risk and money managemnt into account if you decided to take the trade.

it jumped to 1500, i got out to save the profit and wait for resistance at the ]round price of 1500, and if it dropped back down, I will enter again.

the buying pressure seems strong tho, so it might even go beyond my target and reach 1515

hit the target (and just reached 1515 )
Im out of it. even tho it still have potential for touching 1520, I feel content with the result.

Russia federal bank cut its rate twice as much as last month (%0.50) to %6.50
due to the outlook of world's economy.

so now all eyes are on US to see what the feds will do next week.

I have gotten a couple of messages asking me about my mentorship program and whether or not I will teach.

As you all know, I decided on halting the mentorship program due to the job offer I got. the reason I did it was while I still have a couple of months (probably 4-6 months till I open a shell company in UK for sorting out contracts and legal stuff) I didnt want to keep the program open so someone doesnt sign up for it late (middle of 4th month for example) and I cant cut the program short while they still havent finished their course.


I probably will run it for just one 3 month semester beginning from next month. after that, I will most likely close it down and will just put the video course on my website but the mentorship element of it (the sessions with students) will no longer be available since I wouldnt have time for it.

so if you want to join the course, this one semester (starting on 1st of November) is likely to be the last one.

but, the good news is that my developer is currently developing a telegram bot for my signal service (Im planning on adding the bot and sending out signals through the bot for people who sign up, so they can keep notifications on with the bot so they can be notified purely for signals even if my channel is muted on their telegram app)

I will keep that running even after I start my job, so if you cant join the course, you still can use the signal service to get my trades on your phone in time to use them.


thank you all again for the continued support
words can not express how much I appreciate it.


Kindest regards
-Linorth

Xi seems to be signaling the chinese government to adapt to cryptocurrencies, which pushed the price of BTC up today.


seems like they are building the foundation for moving away from USD in trade in future!

Sorry for keeping you all waiting..
My telegram bot is almost ready for launch. I'm expecting my developer to finish things off today.

for the first month, the service will be free of charge while we work on removing possible bugs and problems, and also, you guys can check how well the signals are doing.

after the first month to renew the subscription, you will have to pay the subscription fee (which is $20) to get signals for the next month.

The only form of payment I can currently accept are bitcoins (due to sanctions other methods of payment like creditcard or paypal are not available for me)

The bot will have some guides for buying the bitcoins and making the payments with them, so no worries if you haven't used cryptocurrencies before

I will update you once the bot is ready for you to use.

Regards
-Linorth

#institutionalorders

As we approach the British Central Bank (BoE) Interest Rate Decision Summit
Barclays Financial Institution (Frankfurt, Germany)
Has entered the #GBPUSD with a sell order at 1.2930
With the stop loss at 1.3048
The ultimate profit target at 1.2720!