I have almost finished the process of relocating back to FXChoice broker (https://bit.ly/2Cez0ak) so from monday I will start taking trades again on the MAM account.


Have a nice weekend everyone
see you on monday!

China is dumping US treasury bonds ($12.5B in october!) and seems like they have decided to stop investing in US bonds altogether. seems like Xi is reaching for his final weapon in the tradewar in a very chinese manner (silently without much media attention)

Seems like other buyers of US bonds are dumping their bonds as well, although not as aggresively as the chinese!

#TradeWar

So I'm expecting the USD to get weaker throughout the first quarter of 2019 and I'm currently bearish on the DXY as well.
currently selling #USDJPY and #USDCHF

I will try adding more fundamental analysis to the channel from now on and if I can find the time maybe live trade some news events..

but the workload has been a bit heavy recently, I will try my best to be as active as I can on this channel and share more trading opportunities with you guys.

Good luck out there ;)

looks like DXY has started the fall.. lets see how much profit we can shave off of it!

by the way, the first target this time is 94.149 then we may or may not see a correction before we continue the fall.

and final target for me is 92 and then I will wait to see if it dives fruther down or corrects the move before finishing the fifth wave of the pattern.

seems like after the fall in price of oil the saudis are panicking about going bankrupt and plan on reducing their production from next month to jack up the prices again, so I think its worth it to enter wticrude oil in small parts.
the fall has been very sharp and the most I see it fall is to 40 so Im buying it from 47 with a small size and will add to my positions if price falls down more (on 45 and 40 that is)

its a bit risky considering how much trump likes lower oil prices but I doubt he can force the prices down single handidly to below 40.

I have monitored trading conditions of some of market maker brokers during this climate of high geopolitical tentions to see how each broker deal with the volatility of the market when it comes to processing the orders of their clients, and the result was not that surprising!

almost all the market makers I checked used various methods of spread manipulation, candle making and slippage/requotes to basically rob their clients out of their money!

it might not be obvious to each new trader when they join a new broker, since most of these methods don't have tangible evidence (except candle making perhaps) that new traders can observe and check a broker for that sort of activity, but once you trade with each of them for a while, you will experience these things yourself.
the thing that surprised me the most in alpari for example, was how blatantly they would use these methods to rob their clients, which is the reason I flee the moment I spotted one of their malpractices even tho I really wanted their PAMM feature. it was just not worth it.


but after a long search for a decent broker that I can fully trust myself, I have found FXchoice to be the place I can feel comfortable enough to do both long term and short term trading in, even during the most volatile moments of the market. cause what most of those market makers do is that they manipulate spread or create candles and then when anyone complains they just reply with something like (thats because of our liquidity providers) and basically blame you for trusting them in the first place!

but during the past year that I have been trading with FXchoice I have found them to be a real STP broker that basically connects me as a client directly to liquidity providers so I can just trade the market itself instead of trading against my broker and have the conflicts of interest problem!

I will give you guys a real example of a comparison between fxchoice and alpari in terms of candle making so you can see clearly how a market maker broker like alpari steals the clients funds by manipulating their platform.

you can see here in the monthly chart how much of a difference does it make in which broker you trade. its one thing to lose to the market, but its a whole other thing to be scammed by your own broker.

I'm relocating all my accounts to fxchoice myself, and if you are still trading in a market maker broker, I suggest you relocate to them as well.

I'm also planning to build a clientbase there from both my MAM account investors and followers who would like to trade my signals. I didn't want to create a VIP group and charge fees for signals since I don't like doing that at all. I intended my channel and everything I do to help others to always remain free of charge and its going to stay that way. but since I'm not making any money at all from running this channel or providing signals, sometimes it is hard for me to convince myself to devote a lot of my time into being active on here and constantly update you guys on my trading decisions or do the live trade management class I've been meaning to do.
so I have came up with the idea of just creating a separate group for providing signals to traders who create an account at fxchoice under my IB. that way they won't have to pay anything to me directly from their own pockets, the broker will pay me commissions for the trades they take under my IB and they can just get the signals from me and trade them themselves in a decent broker where I can have confidence that the stoplosses I gave them won't be activated by the spread manipulation of their brokers.

if you like the idea, you can use this link: https://my.myfxchoice.com/registration/?ib=136591
to create a live account at FXChoice under my IB and once you have deposited your funds to your account and you were ready to take trades, you can contact me with your name (the name you have used to register the account with) so I can verify that you are listed under my IB and I will add you to the private group for signals.




as for anyone who is not interested in relocating to another broker, no need to worry, while I may not provide signals here (signal meaning giving exact entry, stop and target) I will still provide the fundamental analysis and technical analysis I do on the market here in this channel for you guys to use in your own trading. the channel is not going to change at all. I'm just trying to build a clientbase of traders who wish to follow my method of trading and slowly learn the process by watching the signals and learning how I set stop and targets and the mindset behind the way I manage the trades based on my analysis.
so yeah, if you are not interested, just ignore these messages ;)


kindest regards
-@Linorth

ok, so with the US government being in shut down mode now, we will definitely see a gap down in dollar index on sunday, but since the banks are closed for holidays, trading during the next week will be very risky since we might see unusual volatility during those times.
so its better to stay on the safe side.


Happy holidays everyone

after touching 42 the price jumped back up, broke the high of last trading day (46) and now its eyeing 50 for short term.

unfortunately for me, when I entered a martingale position on 42.54 I decided to hedge it to cover my ass in case price fell more down towards 36 (the fibbo level) and make the order heavy there since if it had went that far down it would have shot back up very quickly to 46 and I would have made a lot of money there but my experience on gold a couple months ago made me decide on looking after tbe capital instead of risking big.

I was long on gold three months ago and expected the reversal to happen at 1175 but it went down to 1160 and came back up from there.. but my overconfidence on my own analysis cost me a lot of money and I lost big on a trade that if I had taken a more conservative approach to it would have made me at least 80K in 3 months.

oh well.. shit happens. there will be always other opportunities to profit, but we all need to be careful and not get overtly invested in our own analysis and bias towards the market and expect the unexpected at all times.

by the way, Im still going to try to swing the oil till 75. Saudis need it to be at least 80 to cover their budget and current prices are an amazing opportunity to profit off of oil since unlike any other commodity, oil is practically running some countries like Saudi Arabia and my homeland Iran. so the price of it cant fall more than a certain amount (historically have never been under 17 and in this day and age, I cant possibly see it going down more than 21 and reaching that level is very unlikely as it is too) so assuming that most buyers are still waiting to buy at 36, its a good idea to slowly build a bullish position on oil by longing it in very small parts and adding to it on each price milestone if it goes further down.

in a couple of months (winter effect and new year portfolios getting built again) it can definitely make you some easy money.. you just need to manage your positions properly according to the size of your account and not get greedy and over leverage on trades.



ok I ranted for long enough.
have a nice day, wherever you are 😉

Happy new years to you all.

I wish you and your loved ones a lot of success, happiness and health in 2019

Seems like after the news from lybia cutting down exports due to weather conditions (the winter effect as I mentioned it earlier) the WTI crude is running upwards!