wow this week really isnt my week.
the #USDNOK and #GBPUSD trades went fine, but the other two (#DXY and #USDCAD trades) failed.
I didnt expect the talks of tradewar deal to push the USD higher like this, I expected the DXY to fall with gold just like how they raised together during tradewar tensions.
the #USDNOK and #GBPUSD trades went fine, but the other two (#DXY and #USDCAD trades) failed.
I didnt expect the talks of tradewar deal to push the USD higher like this, I expected the DXY to fall with gold just like how they raised together during tradewar tensions.
for the #EURUSD trade I still have some hope left, since I got a tip on order flow info
$542M on 1.0105
but its also likely for this trade to fail as well, but Im keeping it till the stop.
$542M on 1.0105
but its also likely for this trade to fail as well, but Im keeping it till the stop.
I'm relocating my website to a new server, so it will be down for a day or two. sorry for the inconvinience.
Approaching the New Zealand's Reserve Bank interest rate decision
Barclays Financial Institution enters a sell order on #NZDUSD
With this stop loss at 0.6430
and the ultimate target being 0.6270!
so we need to monitor Price reaction in the stop-loss range and look for entries there.
Barclays Financial Institution enters a sell order on #NZDUSD
With this stop loss at 0.6430
and the ultimate target being 0.6270!
so we need to monitor Price reaction in the stop-loss range and look for entries there.
Trading With Linorth
Approaching the New Zealand's Reserve Bank interest rate decision Barclays Financial Institution enters a sell order on #NZDUSD With this stop loss at 0.6430 and the ultimate target being 0.6270! so we need to monitor Price reaction in the stop-loss range…
#NZDUSD - my viewpoint on the chart
We have a megaphone pattern at the end of the chart.
the two different scenarios I can see the price moving based on the info on barclay's order.
black arrows are the bullish scenario (which would be the fifth wave of triangle going up) and the red arrows are the bearish scenario (fifthwave getting stopped after the midline in the supply area (the three dotted bluelines) and being forced down towards the target.
We have a megaphone pattern at the end of the chart.
the two different scenarios I can see the price moving based on the info on barclay's order.
black arrows are the bullish scenario (which would be the fifth wave of triangle going up) and the red arrows are the bearish scenario (fifthwave getting stopped after the midline in the supply area (the three dotted bluelines) and being forced down towards the target.
Trading With Linorth
#NZDUSD - my viewpoint on the chart We have a megaphone pattern at the end of the chart. the two different scenarios I can see the price moving based on the info on barclay's order. black arrows are the bullish scenario (which would be the fifth wave of…
eitherway, I think for shorting the pair, the red line is a safe stop for the ultimate target (green line)
you can manage your entries based on your own strategies.
you can manage your entries based on your own strategies.
Trading With Linorth
for the #EURUSD trade I still have some hope left, since I got a tip on order flow info $542M on 1.0105 but its also likely for this trade to fail as well, but Im keeping it till the stop.
by the way, this was a typo, I meant 1.105 which is ahead of my stoploss, not 1.0105 which would be behind it.
sorry for the confusion!
sorry for the confusion!
Trading With Linorth
#NZDUSD - my viewpoint on the chart We have a megaphone pattern at the end of the chart. the two different scenarios I can see the price moving based on the info on barclay's order. black arrows are the bullish scenario (which would be the fifth wave of…
jumped to midline as expected. now we need to monitor price action closely here to see where the price is headed to next.
Just got a big batch of #orderflow info which are valid till the end of trading day.
(just to clearify: these are not my trading signals! you are meant to use them as a tool for finding out how the big players view the market. you can still trade these levels of course, but if you do, do it on your own risk)
The numbers are in Billion dollars.
#USDJPY
108.60 (1.28$)
109.70 (1.02$)
#EURUSD
1.1010 (0.55$)
1.1040 (1.56$)
1.1200 (1.45$)
#GBPUSD
1.2800 (0.778$)
1.2700 (0.753$)
#AUDUSD
0.6800 (0.431$)
#NZDUSD
0.6350 (0.359$)
#USDCAD
1.3210 (950$)
1.3260 (435$)
#USDCHF
0.9900 (0.740$)
0.9870 (0.530$)
#EURGBP
0.8500 (1.15$)
0.8700 (0.755$)
#AUDJPY
75.00 (0.827$)
#USDMXN
19.43 (1.25$)
#USDCNY
7.100 (0.580$)
7.010 (0.466$)
7.000 (0.910$)
(just to clearify: these are not my trading signals! you are meant to use them as a tool for finding out how the big players view the market. you can still trade these levels of course, but if you do, do it on your own risk)
The numbers are in Billion dollars.
#USDJPY
108.60 (1.28$)
109.70 (1.02$)
#EURUSD
1.1010 (0.55$)
1.1040 (1.56$)
1.1200 (1.45$)
#GBPUSD
1.2800 (0.778$)
1.2700 (0.753$)
#AUDUSD
0.6800 (0.431$)
#NZDUSD
0.6350 (0.359$)
#USDCAD
1.3210 (950$)
1.3260 (435$)
#USDCHF
0.9900 (0.740$)
0.9870 (0.530$)
#EURGBP
0.8500 (1.15$)
0.8700 (0.755$)
#AUDJPY
75.00 (0.827$)
#USDMXN
19.43 (1.25$)
#USDCNY
7.100 (0.580$)
7.010 (0.466$)
7.000 (0.910$)
Trading With Linorth
Just got a big batch of #orderflow info which are valid till the end of trading day. (just to clearify: these are not my trading signals! you are meant to use them as a tool for finding out how the big players view the market. you can still trade these levels…
wanted to fix a typo in the post, so I deleted and reposted it again. sorry.
Trading With Linorth
Just got a big batch of #orderflow info which are valid till the end of trading day. (just to clearify: these are not my trading signals! you are meant to use them as a tool for finding out how the big players view the market. you can still trade these levels…
Since a few people asked the same question, I share the answer here.
#NZDUSD - megaphone. a 1:1 risk to reward trade
ideal entry: 0.6400
stoploss behind 0.64650
target: 0.6336326
ideal entry: 0.6400
stoploss behind 0.64650
target: 0.6336326
Guys from yesterday afternoon the internet connection in my homecountry Iran has been down completely due to protest over the recent increase in price of petrol.
I'm sending this message after 12 hours of trying to find a way to go around this new restrictions but even my current solution is temporary because they are viciously blocking our access to the outside world.
so I'm afraid even tho my bot got ready, I won't be able to launch my signal service for now. until this internet problem is sorted and I can be sure I will be able to stay connected to the internet.
I'm just sending this message out so you guys know what's up and why I'm absent.
I'm sending this message after 12 hours of trying to find a way to go around this new restrictions but even my current solution is temporary because they are viciously blocking our access to the outside world.
so I'm afraid even tho my bot got ready, I won't be able to launch my signal service for now. until this internet problem is sorted and I can be sure I will be able to stay connected to the internet.
I'm just sending this message out so you guys know what's up and why I'm absent.
Trading With Linorth pinned «Guys from yesterday afternoon the internet connection in my homecountry Iran has been down completely due to protest over the recent increase in price of petrol. I'm sending this message after 12 hours of trying to find a way to go around this new restrictions…»
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)
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 😒
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.
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.