Trading With Linorth
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My Signal Service Bot: @Linorth_bot
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#NZDJPY - Triangle pattern on its 4th wave - its wiser to go in with buy orders for now but when the price reached the top line we should wait and see if it breaks through or falls back down
#NZDJPY - can it be a cup pattern?!
#NZDJPY - JPY is getting stronger and NZD is getting weaker, so we might see a dive on the NZDJPY chart after the news. for now, here is the chart if you want to trade it.
#nzdjpy - most important resistance/support lines.
Forwarded from Linorth Signal Service
#NZDJPY - Daily
With US trade deal with china progressing, I expect the Gold and JPY (safe haven currency) to depreciate in value and NZD and AUD which got hit pretty hard during trade war to recover a bit. so this is how I expect the price to move in near future.

The blue line(s): ideal entry

The green line(s): Target

Red line(s): stoploss.


(sorry the previous signal was the wrong photo! oops!)
Forwarded from Linorth Signal Service
#NZDJPY - H4

Ideal entry (blue line) - 63.920
stoploss (red line) - 64.820
target 1:1 (green line) - 63.000
target 1:2 (green line) - 62.100
#NZDJPY and #NZDUSD stopped out. costing us -190 pips total.
seems like JPY and Gold need to correct a bit more before they continue their trends.
in the meantime, #EURUSD is in a good position for a decent sell setup (chart coming shortly)
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 - #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…
it reached the 150 pips target so I'm going to add that to this week's count.
I personally think it will retrace down one more time and since its Friday, we can just close out to avoid gaps over the weekend.

result of trades this week:
#EURUSD -50
#EURCAD +70
#NZDUSD -100
#USDCAD +50
#NZDJPY -140
#AUDCAD -70
#Gold +250
#GBPJPY (still running)
#GBPUSD (still running)
#AUDJPY (Still running)
_______
total so far: +10 pips

not a good week by any means, but I feel like its mostly my fault for getting hasty with entries, had I been more patient I could have shared better entries and not get stopped out on some of these positions.
I usually just watch the market on Mondays and trade from Sunday to Thursday and close out on Friday.

but I'm still adjusting to this signal sharing process and trying to find a method that is both effective and useful for the subscribers. its one thing for me to just share a trade, its another thing to do it in a way that allows everyone to enter with me.
I'm sure we will figure it out together as we go along.

oh almost forgot to say that next week is the final free week of the signal service and after that there won't be any trials available for it, so if you haven't subbed yet, make sure you do it before your subscription runs out. I suggest doing the BTC payment over the weekend when the market is less volatile and I also suggest you make sure you do the whole process of buying BTC and paying via the bot in the same day (preferably in the same 2 hour period) to avoid the price fluctuations of BTC.



Thank you all for the kind words of encouragement and all the support you have shown me
I dearly appreciate it

Kindest regards
-@Linorth