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.

#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.

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.

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!

Another likely scenario for #NZDUSD

From Politico

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$)

wanted to fix a typo in the post, so I deleted and reposted it again. sorry.

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

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.

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)

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 😒

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.

sorry guys, seems like there was a problem with the free trial of the bot. apparently it wasnt free and asked users to pay like 2 dollars for the trial which was a mistake. I've fixed it now and its free of charge to join the bot.
the registration is also pretty easy and can be done in less than a minute!
@Linorth_bot

sorry again for the problem.

I'm sending this week's signals through my bot at @linorth_bot
if you haven't joined the bot yet, you can do it now as its going to be free for the next two weeks.

since some members still had problems with joining the bot, I'm going to also post them here while my developer fixes the bugs of the bot.

#GBPCAD - bullish view

ideal entry: blue line (1.70250)
first target: green line (1.73700) with the stoploss behind red line (1.66820)

Final target: green line (1.77230) with the stoploss behind red line (1.62880)
Sent to 35 Person(s)
Time elapsed: 5 Second(s)

#NZDUSD - Megaphone pattern on its 5th wave.

ideal entry: blue line
stoploss: red line
target 1 and 2 : the green lines
Sent to 35 Person(s)
Time elapsed: 5 Second(s)