Trading With Linorth
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#USDJPY - I'm also longing this one for a 50 pip target. I have another buy limit order set on 113.545 and I might add another one around 113.417 if it falls to that area.
#USDJPY - triple top patten with a 40 pip target.
Trading With Linorth
#USDJPY - triple top patten with a 40 pip target.
#USDJPY - #Update - fell and hitted its 40 pips target I had on it, still has room to fall for another 15 pips but I didn't want to risk it so I saved my profit here.
I'm just going to do an end of the week count, so we can keep track of our weekly performance.

results of the trades this week:

#EURGBP -15 pips
#USDJPY +40 pips
#GOLD +200
#AUDJPY +90 pips
#GBPJPY +100 pips
#EURUSD -15 pips
#GBPCHF +100 pips
____________________
Total pips 500 pips


we also have a #EURNZD order open in 100 pips of profit already going for a 200 pip target. but I don't count it in this week since its still unclaimed profit.


not a bad week overall considering I didn't have a lot of screen time this week.


Have a nice weekend everyone!
#USDJPY - H1 - it has broken throught he decending trendline and is on its way to its 100 pips target.
ok so here is our end of the week count, I will do a monthly count as well every four weeks, so we can keep track of our progress.


results of this weeks trades:


#EURNZD +280 pips
#AUDNZD -8 pips
#AUDJPY -15 pips
#EURAUD +150 pips
#AUDUSD -15 pips
#USDJPY -30 pips
___________________
total +360 pips of profit.



not as good as the past 2 weeks but still a good record.
Im expecting the USD to get weaker today.. So Im Buying #GBPUSD and selling #USDJPY

U/J from 109.840 sl at 110.370 and tp at 109.445

G/U from 1.36140 with sl at 1.35550 and tp at 1.37050


Im really sorry that I cant be as active as I want on this channel.. Im managing multiple accounts and its hard to multitask at this level.. But I still try my hardest to share my own viewpoint about the market and share trades I take as much as I can.
#USDJPY - 1H - Megaphone pattern on its fifth wave.

the fifth wave usually is the strongest wave in megaphones.
#USDJPY - H4 - Elliot waves

this one is also a good 1:3 trade. again, the red line is stoploss, blue line is entry and green line is target.

I will share the elliot analysis of it shortly.
Trading With Linorth
#GBPUSD - H1 This one also seems like a good buy opportunity, price has stabilized above the static line of 1.29600 so I'm expecting the price to move higher towards the green line.
this one hit the target I had on it. +107 pips on this one.
the #AUDCAD trade seems to be hitting our stop surely, since it got super close some might have gotten taken out already with spread, so Im calling it as a loss of -76 pips.

total so far = +31 pips and #USDJPY is still running.
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 ;)
Trading With Linorth
Photo
some small orders I had on #BTCUSD helped my pip amount goal for the week! 😅
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.
#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
just got a new batch of order flow info. these are the last order flow info I will share on this channel for free. from next week, this will become a part of the paid privilidge on my forum for premium users.

#EURUSD
1.1200-10 ($1.6B)
1.1215-25 ($1.5B)
1.1245-55 ($3B)
1.1260-65 ($1.7B)
1.1270-75 ($1.1B)

#NZDUSD
0.6800 ($600M)

#AUDUSD
0.7120-25 ($550M)
0.7150-55 ($771M)
0.7175-80 ($668M)

#USDJPY
111.20-25 ($1.8B)
111.35-40 ($1.7B)

These orders are valid till tonight. trade them with your own risk.

#daytradingtips #orderflow
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$)
Opening

#EURUSD 1.1095
#GBPUSD 1.2997
#AUDUSD 0.6875

#USDJPY 110.07
#USDCAD 1.3062
#USDCHF 0.9682
Who is ready for the new week?

pre-opening rate of stock indexes:
#DOWJONES : 28845 (-145🔻)
#DAX GER30 : 13475 (-73🔻)
#FTSE : 7366 (+4🔷)
#USDJPY : 111.38 (-20🔻)

there is a possibility of Gold opening with a positive gap.


The main event we need to lookout for this week, is US consumer confidence report and the market's reaction to the spread of coronavirus outside of china.
Italy and my home country, Iran, are fighting the rapid spread of the disease at the moment. its a lot worse here due to the total incompetence of our government and the fact that they cover up everything and refuse to share real stats on the spread of corona. they also refuse to quarantine any of the cities so I'm pretty sure the situation in here is going to reach human crisis levels (not due to the deadliness of the disease, as it has a %2 death rate, but due to lack of proper medical care in most cities)
I'm hoping I won't get it, but considering the virus got to my city a week ago and the government prevented the reports of it coming out so it doesn't mess with their annual celebration of coming to power in Iran, chances are pretty high that I might be already infected and in my 2 week period before symptoms start to show themselves😅


the thing is, regardless of the death rate, the fact that this virus is spreading this fast, means it will without a doubt affect the world economy in a much bigger scale than previously imagined, so we might see oil prices falling again and forcing OPEC+ to really step in with all its power to control the oil market.
gold prices are also going to raise more due to the spread of virus globally and the fears of it becoming a pandemic + its effect on world economy.


anyways, I'm going to watch the price action once the market opens and during the Asian session and I will start sending out signals via the bot (@Linorth_bot) tomorrow before the london open.

I've decided to post pure analysis charts here on the channel, and only keep signals (charts with stop and target levels) on the bot alone. so if you are not really interested in taking my signals, you can still follow this channel for getting the analysis alone and mixing it with your viewpoint and trade based on your own method.

Stay safe out there
#USDJPY - Weekly

For this pair, things are a bit tricky because while the USD is in high demand right now, JPY is a safe haven currency. so in short term USD might overpower JPY, but once the money starts to move towards safe haven currencies and commodities like gold, we might see this pair diving for the PRZ area at 85.000

I have used red arrows for the bearish case and green arrows for bullish case.

keep in mind that even for the bearish case we might still see a touch of PRZ area at 117.500 before moving down towards 85.000 (I just didn't want to draw the same arrows in two colors)