Trading With Linorth
its #Brexit vote today, so we should witness some crazy volatility in the market. I tried staying out until after the brexit vote, but couldn't! so I decided to bet against the deal and short #GBPUSD pair in parts to give myself a 1:3 risk to reward bet.
I closed my sells on #GBPUSD. as you can see the move I anticipated happened, but since it broke out of my desired range, I don't feel comfortable holding it for the final target I had on it. if you want to stick to the levels, I suggets moving the target a bit higher to 1.24300.
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some small orders I had on #BTCUSD helped my pip amount goal for the week! π
but still, I managed to get half way to my monthly goal for February.
I was waiting for one more investor to join the MAM before taking the new basket of positions, but since they still have problem with KYC process at fxchoice, Im going to start taking positions anyways and let them join another month.
so Im going to play with #GBPAUD, #EURUSD, #EURAUD and #USDJPY for next week.
I expect USD to get weaker with more news on the US-China negotiations on a peace-treaty for tradewar.
but since things might get a bit volatile, Im going to just share price levels and direction (like the #GBPUSD chart) and let you guys manage your own trades with an eye on the levels of my algorithm as a help.
have a nice weekend everyone.
but still, I managed to get half way to my monthly goal for February.
I was waiting for one more investor to join the MAM before taking the new basket of positions, but since they still have problem with KYC process at fxchoice, Im going to start taking positions anyways and let them join another month.
so Im going to play with #GBPAUD, #EURUSD, #EURAUD and #USDJPY for next week.
I expect USD to get weaker with more news on the US-China negotiations on a peace-treaty for tradewar.
but since things might get a bit volatile, Im going to just share price levels and direction (like the #GBPUSD chart) and let you guys manage your own trades with an eye on the levels of my algorithm as a help.
have a nice weekend everyone.
While the international markets are already celebrating the end of the tradewar between US and China, Trump seems to be focusing his attention on Europe with tariffs on european cars which can severely damage the heart of Germany's economy which is its auto industry.
there is still no timeline about when he might make his next move, but knowing trump and how he has been forcing his way and getting what he wants no matter what, it might be a good idea to prepare for the new tradewar with europe!
there is still no timeline about when he might make his next move, but knowing trump and how he has been forcing his way and getting what he wants no matter what, it might be a good idea to prepare for the new tradewar with europe!
#GBPAUD - Daily
this is how I expect the pair to move.
either the smaller triangle breaks out to the downside and we see a quicker fall, or it will break out to the top and hit the red box and fall down from there to create the fourth wave of the bigger triangle.
the second red area is the supply area if we suddenly get some positive news about brexit that pushes the chart up.
this is how I expect the pair to move.
either the smaller triangle breaks out to the downside and we see a quicker fall, or it will break out to the top and hit the red box and fall down from there to create the fourth wave of the bigger triangle.
the second red area is the supply area if we suddenly get some positive news about brexit that pushes the chart up.
Trading With Linorth
as expected Saudi Arabia announced that they will increase their production to 9.800M barrels (even more than what was previously agreed upon in opec) and they will decrease their exports to 6.900M. they are effectively sacrificing their market share toβ¦
Nigeria's president also said that his country's production rate will be reduced even below the amount preagreed with OPEC, to boost up prices even more.
WTI Crude oil > 57
WTI Crude oil > 57
for today on #EURUSD there are:
$1.2B buy orders on the round price of 1.13000
$664M sell orders on 1.13650
$2.4B sell orders on 1.1400
the orders will expire tomorrow morning. but if price hits either of these prices a strong reaction in the opposite direction is expected.
#daytradingtips #marketliquidity
$1.2B buy orders on the round price of 1.13000
$664M sell orders on 1.13650
$2.4B sell orders on 1.1400
the orders will expire tomorrow morning. but if price hits either of these prices a strong reaction in the opposite direction is expected.
#daytradingtips #marketliquidity
Trading With Linorth
for today on #EURUSD there are: $1.2B buy orders on the round price of 1.13000 $664M sell orders on 1.13650 $2.4B sell orders on 1.1400 the orders will expire tomorrow morning. but if price hits either of these prices a strong reaction in the oppositeβ¦
I have gotten a lot of emails and messages about this post. so Im going to explain it here.
the exact volume of trades in FX market are not available for retail traders. over the years I have built some connections with analysts and traders in some of the major institutions around the world and we often exchange some info and tip off each other on good opportunities.
I get tips like order flow info, and sometimes even get info on trades made by big institutions.
Im building up my website right now to create a more exclusive trading floor type of community where I can share the info I get with members.
website is not ready yet, but will be ready in two weeks time.
in the meantime, I will try sharing more of these type of #daytradingtips when I get them.
cheers
the exact volume of trades in FX market are not available for retail traders. over the years I have built some connections with analysts and traders in some of the major institutions around the world and we often exchange some info and tip off each other on good opportunities.
I get tips like order flow info, and sometimes even get info on trades made by big institutions.
Im building up my website right now to create a more exclusive trading floor type of community where I can share the info I get with members.
website is not ready yet, but will be ready in two weeks time.
in the meantime, I will try sharing more of these type of #daytradingtips when I get them.
cheers
I'm currently spending most of my time working on my website (www.linorth.com) and recording my educational course so I can release my full educational course on Nowrooz (Persian new years eve, which will be on March 21) through my website.
There are still a few bugs and glitches that I need to fix, but I think you can already register there and it has some cool features (like allowing members to pick profile pictures and ask questions on every lesson of the course) so I think you guys will love it once its fully ready.
This nowrooz will be the third one I'm celebrating on this channel, yet over this period of time I haven't spent any time on developing a brand for myself and have zero online presence cause I guess I never felt the need for it! lol but now with the new sanctions throwing my life off balance, I'm working hard on opening up a LLC company in bahrain with the help of a friend of mine so I can move my business outside of Iran and get rid of the sanctions and also build an online presence for myself so I can expand and grow my business easier.
I'm eternally grateful to all of you who stuck by me through thick and thin and helped me keep the hope alive during the tough times by your supportive messages and kind words.
I really can't thank you enough.
Regards
-Linorth
There are still a few bugs and glitches that I need to fix, but I think you can already register there and it has some cool features (like allowing members to pick profile pictures and ask questions on every lesson of the course) so I think you guys will love it once its fully ready.
This nowrooz will be the third one I'm celebrating on this channel, yet over this period of time I haven't spent any time on developing a brand for myself and have zero online presence cause I guess I never felt the need for it! lol but now with the new sanctions throwing my life off balance, I'm working hard on opening up a LLC company in bahrain with the help of a friend of mine so I can move my business outside of Iran and get rid of the sanctions and also build an online presence for myself so I can expand and grow my business easier.
I'm eternally grateful to all of you who stuck by me through thick and thin and helped me keep the hope alive during the tough times by your supportive messages and kind words.
I really can't thank you enough.
Regards
-Linorth
what is your goal in trading?
anonymous poll
Trading as a career - I want to become a professional trader someday managing other people's money β 80
πππππππ 47%
Extra income - I want to trade my own money and earn a little extra on the side. β 55
πππππ 32%
Get rich quickly - I want to turn my $1K into $100K in a year. β 37
πππ 22%
π₯ 172 people voted so far.
anonymous poll
Trading as a career - I want to become a professional trader someday managing other people's money β 80
πππππππ 47%
Extra income - I want to trade my own money and earn a little extra on the side. β 55
πππππ 32%
Get rich quickly - I want to turn my $1K into $100K in a year. β 37
πππ 22%
π₯ 172 people voted so far.
Trading With Linorth via @vote
what is your goal in trading? anonymous poll Trading as a career - I want to become a professional trader someday managing other people's money β 80 πππππππ 47% Extra income - I want to trade my own money and earn a little extra on the side. β 55 πππππ 32%β¦
please answer honestly, its an anonymous poll.
Trading With Linorth via @vote
what is your goal in trading? anonymous poll Trading as a career - I want to become a professional trader someday managing other people's money β 80 πππππππ 47% Extra income - I want to trade my own money and earn a little extra on the side. β 55 πππππ 32%β¦
your answer to this poll matters to me very much. I want to know my audience more. knowing what is your goal can help me create content that you want and can help you getting closer to your goal.
so please just answer honestly. its an anonymous poll so even I wont get to see who has voted for which option! π
so please just answer honestly. its an anonymous poll so even I wont get to see who has voted for which option! π
sorry for not being around this week. Im working hard on the course to make it to publishing deadline before our new years (March 21)
so far about a hundred people have signed up at my website (Linorth.com) and I've planned a new years gift for anyone who is already a member on March 21.
so if you havent signed up yet, there is only 8 days left!
so far about a hundred people have signed up at my website (Linorth.com) and I've planned a new years gift for anyone who is already a member on March 21.
so if you havent signed up yet, there is only 8 days left!
#USDJPY
111.450 (1.33B$)
111.950 (1.01B$)
#EURUSD
1.1300 (1.18B$)
#GBPUSD
1.3290 (1.1B$)
#AUDUSD
0.7120 (1.1B$)
orders will expire tomorrow. trade these by your own risk.
#daytradingtips #orderflow
111.450 (1.33B$)
111.950 (1.01B$)
#EURUSD
1.1300 (1.18B$)
#GBPUSD
1.3290 (1.1B$)
#AUDUSD
0.7120 (1.1B$)
orders will expire tomorrow. trade these by your own risk.
#daytradingtips #orderflow
Trading With Linorth
#USDJPY 111.450 (1.33B$) 111.950 (1.01B$) #EURUSD 1.1300 (1.18B$) #GBPUSD 1.3290 (1.1B$) #AUDUSD 0.7120 (1.1B$) orders will expire tomorrow. trade these by your own risk. #daytradingtips #orderflow
please pay attention to the time limits of these tips. the orders are valid till expiration so you should not try trading yesterday's pending orders today.
for example the #GBPUSD one worked perfectly, but thats because price reached the desired price point before the expiration of orders. but for example if price reaches that same area tonight, there might not be any reaction at all since the orders wont be there anymore. its important to keep this in mind when you want to use the order flow info I share here.
when I open up my trading forum I will be able to list these with an actual timer to expiration, to avoid misunderstandings and mistakes.
for now Im in process of changing hosting of my website and bugging my web designer to get him to finish his job in time.
but it will be sorted soon enough and I will be able to share some more cool stuff with you guys π
its really hard to both work and teach at the same time.. its probably why most of traders who can do a good job dont teach lol but Im trying to find the balance between the two worlds so I dont end up sacrificing one for the other. hopefully it will get easier with time.
have a nice day everyone and happy new Persian year β€
for example the #GBPUSD one worked perfectly, but thats because price reached the desired price point before the expiration of orders. but for example if price reaches that same area tonight, there might not be any reaction at all since the orders wont be there anymore. its important to keep this in mind when you want to use the order flow info I share here.
when I open up my trading forum I will be able to list these with an actual timer to expiration, to avoid misunderstandings and mistakes.
for now Im in process of changing hosting of my website and bugging my web designer to get him to finish his job in time.
but it will be sorted soon enough and I will be able to share some more cool stuff with you guys π
its really hard to both work and teach at the same time.. its probably why most of traders who can do a good job dont teach lol but Im trying to find the balance between the two worlds so I dont end up sacrificing one for the other. hopefully it will get easier with time.
have a nice day everyone and happy new Persian year β€
I have some bad news and some good news!
read about it here: https://linorth.com/news/trading-floor-and-mentorship-program/
read about it here: https://linorth.com/news/trading-floor-and-mentorship-program/
Trading With Linorth
I have some bad news and some good news! read about it here: https://linorth.com/news/trading-floor-and-mentorship-program/
I appreciate the messages telling me you want to participate in the mentorship program, but I have to say that since the seats are limited, the acceptance to the program is on a first-come-first-served basis. so the first 100 deposits will have the first 100 seats reserved, and if the list fills up sooner than you can get things ready, Im afraid you might have to wait for the next window after the 3 months period of the first group.
There are only 5 people on the list now so Im not even worried about running out of spots to fill. Im just saying this to give a fair warning to everyone since I've written about the program on quora and there is no telling how quickly the spots can be filled so Im just saying this to not have to apologize later and ask people to wait 3 months.
Thank you all again for the supportive and kind messages. if you have any questions about the program or the MAM accounts, feel free to send me a message.
Regards
-Linorth
There are only 5 people on the list now so Im not even worried about running out of spots to fill. Im just saying this to give a fair warning to everyone since I've written about the program on quora and there is no telling how quickly the spots can be filled so Im just saying this to not have to apologize later and ask people to wait 3 months.
Thank you all again for the supportive and kind messages. if you have any questions about the program or the MAM accounts, feel free to send me a message.
Regards
-Linorth
Trading With Linorth
I appreciate the messages telling me you want to participate in the mentorship program, but I have to say that since the seats are limited, the acceptance to the program is on a first-come-first-served basis. so the first 100 deposits will have the firstβ¦
9 spots filled, 91 left!
faster than I expected but there are still a lot of "pending payments" on my order list, looks like a lot of people have come close to buying their tickets but have changed their mind last second! lol
most traders lose a lot more than $500 with trial and error of methods that wont work, so if you are one of them or dont want to become one, now is your chance to have someone who is already making money from the market teach you how its done. I personally have spent way more money on courses that I only hoped might add 2% to my ROI, because even if it thought me something that could add even a small precentage to my performance, in the long haul it would pay for itself.
so think of the mentorship as an investment in your own future as a trader.
Im very excited about the program and I believe it will be a blast for me regardless of how many people sign up. I have always preferred to grow my projects by word of mouth anyways! lol
have a nice weekend everyone
Regards
@Linorth
faster than I expected but there are still a lot of "pending payments" on my order list, looks like a lot of people have come close to buying their tickets but have changed their mind last second! lol
most traders lose a lot more than $500 with trial and error of methods that wont work, so if you are one of them or dont want to become one, now is your chance to have someone who is already making money from the market teach you how its done. I personally have spent way more money on courses that I only hoped might add 2% to my ROI, because even if it thought me something that could add even a small precentage to my performance, in the long haul it would pay for itself.
so think of the mentorship as an investment in your own future as a trader.
Im very excited about the program and I believe it will be a blast for me regardless of how many people sign up. I have always preferred to grow my projects by word of mouth anyways! lol
have a nice weekend everyone
Regards
@Linorth
Barclays has entered a short on #EURAUD at the round price of 1.5800
their protective stop is at 1.5930 and their target is 1.5675
#daytradingtips #orderflow
their protective stop is at 1.5930 and their target is 1.5675
#daytradingtips #orderflow