Trading With Linorth
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Trading With Linorth
I closed my 1270 and 1272 orders in 50 and 70 pips of profit, but I'll keep my 1263 order open
#Gold - #update - it seems to be breaking the short time acending trend I have on it, so I closed my 1263 order here in 80 pips of profit.
Trading With Linorth
#EURNZD - head and shoulders pattern, it can go for a 200 pips target. I will either sell it after it breaks through that static line, or if it moves pack to the neckline of the pattern.
#EURNZD - #update - completed the pullback, fell a bit and moved back up and this time gave a better entry, I entered small at 1.6890 and I will add to it after it breaks through 1.6815 static line.
Trading With Linorth
#GBPCHF - I'm longing this for 100 pips which is its first target. the second one is 170 pips. @TradingWithLinorth
I was just looking at my own account and realized I have missed this trade on my weekly count.
It reached its 100 pip target I had on it but I somehow I forgot to add it to our total because I forgot posting an #update on it in the channel.

So now Im just going to add it to our count for the past week.
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.
#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
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.
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 - even tho I closed my own order a bit sooner in 40 pip of profit It still hit the target we had on it. So congratulations to those of you who took the trade with me 😉
Forwarded from Linorth Signal Service
#update

Ok, so this week wasn't a good one. mostly because of trump making it sound like a vaccine is ready to be pumped in the market for mass use (which is yet another one of his lies)
but nonetheless, it goes to show that bad weeks happen to everyone just because most of the trades won in the past 2 weeks doesn't mean I can never lose. so always keep the risk and money management rules in place and stay a disciplined trader.

result of trades this week:
#EURUSD -50
#EURCAD +70
#NZDUSD -100
#USDCAD +50
#NZDJPY -140
#AUDCAD -70
#Gold +100
#GBPJPY (still running)
#GBPUSD (still running)
#AUDJPY (Still running)
_______
total so far: -140 pips

Even though most of the positions got stopped out, I didn't want to issue more signals cause as I said, its important to stay disciplined. when the outlook is too foggy to know what is going to happen, its better to wait for another week to take back those pips lost. instead of revenge trading and losing more.


results of 3 week period combined:

Week 1: +700 pips
@eek 2: +810 pips
Week 3: -140 pips
__________________
total so far: +1370 pips


P.S: I think the bot is fixed and now its even capable of sending text-only posts like this one. I'm sending this update to check if it works properly and everyone will receive the text update messages. but I will also send a test image to see if the system works for sending out signals as well as text-only updates.
if both work properly, I will send out signals and do the updates directly from the bot and will keep the channel for sharing fundamental updates and other announcements unrelated to trading.
Trading With Linorth
#Gold - H1 the next decent buy entry I'm waiting for on gold. (I'm going to share charts with levels from now on, to allow more advanced traders to mix my analysis with their own if they need to)
#Gold - #update

gave us a clean entry and now I have put 1:1 to 1:3 targets on the chart.

I think its going to at least attempt to create a head and shoulder pattern, yet I think we are likely to see a correction to the down side once it reaches 1746 price before it continues the upward movement again. so I think its a good idea to close out around 1745.45

or you can just close half of your volume on 1:1 target and free risk the rest (putting stoploss 5 pips above entry price)