#NZDCHF - a decent buy setup.
red line - stoploss
blue line - ideal entry
green lines - first (1:1) and final target(1:2).
red line - stoploss
blue line - ideal entry
green lines - first (1:1) and final target(1:2).
Trading With Linorth
My long term view on #Gold The triangle pattern has already reached its target. we might see a small correction before another move up (rate cuts) that blue area is the price range I see as the ideal price range for shorting gold. before that its tooβ¦
Gold reached the 1500 price range and now, after watching the moves on Gold and Oil, it seems like the appetite for risky assets is on the rise and some of the big players are collecting profits on gold and buying oil instead.
sorry for not being very active guys, I've finally finished my educational course and I'm busy working with my students.
one of them is a rockstar already! really surprised me by how fast he grasped the concepts I was teaching.. I'm sure he will have a bright future in the field of trading.
The good thing about it is that very soon I will be able to start sharing the charts that my students have analyzed so I will have a constant stream of content out of this channel, and you guys can also see how fast I'm turning beginners into professionals ππ
one of them is a rockstar already! really surprised me by how fast he grasped the concepts I was teaching.. I'm sure he will have a bright future in the field of trading.
The good thing about it is that very soon I will be able to start sharing the charts that my students have analyzed so I will have a constant stream of content out of this channel, and you guys can also see how fast I'm turning beginners into professionals ππ
Oh I almost forgot to say this..
A couple of memebrs contacted me saying they want to participate in the mentorship program but the bitcoin's price fluctuations scares them and they are afraid if they buy the BTC amount required for the course, the price of BTC might fall down and they come short of the BTC amount required to pay for the course, even tho they have spent the dollar amount required already.
if you are in the same boat as them, rest assured that I have already thought about it and the payment system on my website is designed in a way to fix that problem.
When you attempt to buy the course, the payment box shows you a BTC amount which is equal to the exchange rate of USD to BTC in that exact moment you have opened the payment box, but the thing is that the amount shown to you, has been slightly adjusted to make the BTC amount a unique number so whenever that amount is received in my wallet, the payment gets processed automatically and you will gain access to the course.
but what happens if the BTC price changes?
if the price jumps up from the moment you have attempted to buy BTC to buy my course, then obviously all you need to do is to open the payment box again, which will show you a new amount based on the exchange rate in that moment, so you will end up paying less of the BTC you have purchased to buy the course (since exchange rate has dropped)
but what if you buy $499 worth of btc today, and the price of BTC drops from $11500 to $8000 in a day?!
the answer is, it won't matter! because as long as you send that exact amount shown to you in the initial payment box you have opened, your payment will get processed, and you will still be able to buy the course and gain access to it. even if the amount you have now, equals to less than $499 which is the price of the course.
so what I have done is that I have designed the system in a way where I will absorb all the risk from price fluctuations, not my future students.
sorry for the long rant, just wanted to make things clear about this whole process.
cheers
A couple of memebrs contacted me saying they want to participate in the mentorship program but the bitcoin's price fluctuations scares them and they are afraid if they buy the BTC amount required for the course, the price of BTC might fall down and they come short of the BTC amount required to pay for the course, even tho they have spent the dollar amount required already.
if you are in the same boat as them, rest assured that I have already thought about it and the payment system on my website is designed in a way to fix that problem.
When you attempt to buy the course, the payment box shows you a BTC amount which is equal to the exchange rate of USD to BTC in that exact moment you have opened the payment box, but the thing is that the amount shown to you, has been slightly adjusted to make the BTC amount a unique number so whenever that amount is received in my wallet, the payment gets processed automatically and you will gain access to the course.
but what happens if the BTC price changes?
if the price jumps up from the moment you have attempted to buy BTC to buy my course, then obviously all you need to do is to open the payment box again, which will show you a new amount based on the exchange rate in that moment, so you will end up paying less of the BTC you have purchased to buy the course (since exchange rate has dropped)
but what if you buy $499 worth of btc today, and the price of BTC drops from $11500 to $8000 in a day?!
the answer is, it won't matter! because as long as you send that exact amount shown to you in the initial payment box you have opened, your payment will get processed, and you will still be able to buy the course and gain access to it. even if the amount you have now, equals to less than $499 which is the price of the course.
so what I have done is that I have designed the system in a way where I will absorb all the risk from price fluctuations, not my future students.
sorry for the long rant, just wanted to make things clear about this whole process.
cheers
Trading With Linorth
Oh I almost forgot to say this.. A couple of memebrs contacted me saying they want to participate in the mentorship program but the bitcoin's price fluctuations scares them and they are afraid if they buy the BTC amount required for the course, the priceβ¦
so in short, if you want to buy the course, when you open the payment box, just take a screenshot of the payment box (the QR code shown and the BTC amount shown)
and as long as you finish that payment, you will still get access to the course, even if the BTC price falls down dramatically in the meantime.
and as long as you finish that payment, you will still get access to the course, even if the BTC price falls down dramatically in the meantime.
Trading With Linorth
#EURUSD - H4 red- stoploss blue line - ideal entry green line - target (highlighted area)
This one hit the target. so congrats to those of you who took it.
the NZDCHF trade I shared, unfortunately hit the stop I had on the chart.
but the thing is that price is near the bottom of a long term trading range, so it could be a good idea to keep an eye on it for now.
the NZDCHF trade I shared, unfortunately hit the stop I had on the chart.
but the thing is that price is near the bottom of a long term trading range, so it could be a good idea to keep an eye on it for now.
My website will be temporarily out of reach, while my developer works on it.
I'm updating it to add more features for both my students and you guys.
it shouldn't take longer than 10 days, according to my developer.
just wanted to give you guys a heads up in advance π
I'm also putting together a course for udemy, which hopefully will be out by october.
I'm updating it to add more features for both my students and you guys.
it shouldn't take longer than 10 days, according to my developer.
just wanted to give you guys a heads up in advance π
I'm also putting together a course for udemy, which hopefully will be out by october.
Alright, finally my website is ready and back online. (Linorth.com)
Forum still needs a bit work but I think from monday I will be able to interact with my students and all of you guys from the forum, so the communication isn't this one-sided all the time and I get to know you all a bit better too.
Unfortunately, due to technical problems, I wasn't able to move the user data from the old databases to the new ones, so you might have to register again at my website to access the forum.
The problem is that I have a lot of things on my plate and instead of half-assing all of them, I want to change things up to make sure my priorities are in order.
so, for now, I'm putting all my focus on creating educational material for my students, and for this channel, I think the best thing is if I change the format and start posting weekly market analysis vidoes instead. that way I can plan my schedule better and get to work on all the things I need to work on.
I will try uploading the videos on sunday afternoons each week, so you can watch them and get ready for the monday fight.
Thank you all for the continued support
You've made it all possible.. I wouldn't be here if it wasn't for you guys.
I can't thank you enough.
Thank you
Forum still needs a bit work but I think from monday I will be able to interact with my students and all of you guys from the forum, so the communication isn't this one-sided all the time and I get to know you all a bit better too.
Unfortunately, due to technical problems, I wasn't able to move the user data from the old databases to the new ones, so you might have to register again at my website to access the forum.
The problem is that I have a lot of things on my plate and instead of half-assing all of them, I want to change things up to make sure my priorities are in order.
so, for now, I'm putting all my focus on creating educational material for my students, and for this channel, I think the best thing is if I change the format and start posting weekly market analysis vidoes instead. that way I can plan my schedule better and get to work on all the things I need to work on.
I will try uploading the videos on sunday afternoons each week, so you can watch them and get ready for the monday fight.
Thank you all for the continued support
You've made it all possible.. I wouldn't be here if it wasn't for you guys.
I can't thank you enough.
Thank you
#daytradingtips #orderflow
#EURUSD bank orders totalling $2.3B are already placed on 1.0900
orders are valid till wednesday night.
#EURUSD bank orders totalling $2.3B are already placed on 1.0900
orders are valid till wednesday night.
Trading With Linorth
My long term view on #Gold The triangle pattern has already reached its target. we might see a small correction before another move up (rate cuts) that blue area is the price range I see as the ideal price range for shorting gold. before that its tooβ¦
As I anticipated, gold managed to hit the top line of our PRZ area and reversed back down.
making money isnt hard when you know the right method for analyzing your charts.
selling, when the bullish candles are goating everyone else into buying is how you survive, while others blow up.
you just have to be a bit precise with your levels to give yourself the best odds of success.
at the moment, gold is moving towards the major support area of 1405-1430 and we probably will see another bull run from this area.
Feds are pumping billions of dollars in market on a daily basis in REPO transactions from the middle of septermber and if by the end of october they dont see any improvements they might enter the market directly and start buying treasury bonds themselves, which would destroy the value of USD.
so naturally there is a big demand for gold throughout the world as central banks brace for Financial Armageddon.
making money isnt hard when you know the right method for analyzing your charts.
selling, when the bullish candles are goating everyone else into buying is how you survive, while others blow up.
you just have to be a bit precise with your levels to give yourself the best odds of success.
at the moment, gold is moving towards the major support area of 1405-1430 and we probably will see another bull run from this area.
Feds are pumping billions of dollars in market on a daily basis in REPO transactions from the middle of septermber and if by the end of october they dont see any improvements they might enter the market directly and start buying treasury bonds themselves, which would destroy the value of USD.
so naturally there is a big demand for gold throughout the world as central banks brace for Financial Armageddon.
Trading With Linorth
#daytradingtips #orderflow #EURUSD bank orders totalling $2.3B are already placed on 1.0900 orders are valid till wednesday night.
hopefully this helped you guys either make a bit of money or at least not lose money on sell orders.
I will share more order flow tips if I get any, but please do not use this info to trade super heavy.
I only share them so you guys can have an idea of how central banks view the market.
so for example when I shared this tip on EURUSD, it was meant to show you that big players expect the market to reverse from that level and we should change our bias and look at the chart with a bullish bias too if we want to make money instead of losing it.
I will share more order flow tips if I get any, but please do not use this info to trade super heavy.
I only share them so you guys can have an idea of how central banks view the market.
so for example when I shared this tip on EURUSD, it was meant to show you that big players expect the market to reverse from that level and we should change our bias and look at the chart with a bullish bias too if we want to make money instead of losing it.
Also, Im bullish again on oil, I know big red candles look scary, but the geopolitical events in middle east suggest we will see a stong bullrun in oil prices very soon.
my current target for my small buy orders is $61.61
but the prz level I have on my chart for bullish targets is 66-69 price range. so Im planning to get in early and add more to my trades if bears pushed further down to 45-47 price area and eventually get out a bit early too.
my current target for my small buy orders is $61.61
but the prz level I have on my chart for bullish targets is 66-69 price range. so Im planning to get in early and add more to my trades if bears pushed further down to 45-47 price area and eventually get out a bit early too.
In this video I will talk about why there are so many educators on trading forex and how charlatan educators scam the new comers out of their money, and if you stick around long enough, I will talk about my own educational course for trading forex and what makes it different than all the other courses out there
https://www.youtube.com/watch?v=7DQOUg0Cn-A
https://www.youtube.com/watch?v=7DQOUg0Cn-A
YouTube
Mentorship Program
In this video I will talk about why there are so many educators on trading forex and how charlatan educators scam the new comers out of their money, and if y...
Trading With Linorth
Also, Im bullish again on oil, I know big red candles look scary, but the geopolitical events in middle east suggest we will see a stong bullrun in oil prices very soon. my current target for my small buy orders is $61.61 but the prz level I have on myβ¦
it was on 51.80 I think when I shared this live call. now its on 54.80. about 300 green pips of movement.
its creating a double bottom pattern and still has room to climb up higher.
Im thinking about maybe starting a patreon account and put more time into sharing live calls you guys can trade and make money from.
like a $10/m subscription for live calls and live trading sessions.
would you be interested in something like that?
its creating a double bottom pattern and still has room to climb up higher.
Im thinking about maybe starting a patreon account and put more time into sharing live calls you guys can trade and make money from.
like a $10/m subscription for live calls and live trading sessions.
would you be interested in something like that?
If I start the patreon thing, would you join?
anonymous poll
Definitely! β 58
πππππππ 67%
hell no! β 15
ππ 17%
maybe β 14
ππ 16%
π₯ 87 people voted so far.
anonymous poll
Definitely! β 58
πππππππ 67%
hell no! β 15
ππ 17%
maybe β 14
ππ 16%
π₯ 87 people voted so far.
Trading With Linorth via @vote
If I start the patreon thing, would you join? anonymous poll Definitely! β 58 πππππππ 67% hell no! β 15 ππ 17% maybe β 14 ππ 16% π₯ 87 people voted so far.
Im thinking about maybe starting a patreon account and put more time into sharing live calls you guys can trade and make money from.
like a $10/m subscription for live calls and live trading sessions.
would you be interested in something like that?
its an anonymous poll, so no worries about hurting my feelings of nothing.. you can be honest.
Please participate in it even if your answer is no.
Im just trying to see if there is an interest amongst my followers for that sort of thing or not.
Thank you
like a $10/m subscription for live calls and live trading sessions.
would you be interested in something like that?
its an anonymous poll, so no worries about hurting my feelings of nothing.. you can be honest.
Please participate in it even if your answer is no.
Im just trying to see if there is an interest amongst my followers for that sort of thing or not.
Thank you
Trading With Linorth
#EURUSD - H4 red- stoploss blue line - ideal entry green line - target (highlighted area)
just to make sure I was clear.
when I say live calls, I mean something like this.
a defined trading opportunity you can take advantage of.
not just basic analysis that I share here. the analysis will always be a free part of my channel.
the patreon thing is about sharing signals and holding live trading sessions and things like that.
when I say live calls, I mean something like this.
a defined trading opportunity you can take advantage of.
not just basic analysis that I share here. the analysis will always be a free part of my channel.
the patreon thing is about sharing signals and holding live trading sessions and things like that.
This one is a bit of a long rant, but I feel like sharing my thoughts with you guys as well.
I've been offered a position at a swedish investment firm lately, and if things go as planned (I'm going to do a three month testing period on $50K and if my performance during this test matches my track record, I will be managing about $10M of firms assets)
sounds like good news, but I'm already involved in the education of my students who have signed up for my mentorship program, so I'm not as free as I wanted to be.
So at the moment, my only focus is on finishing their education and once I'm done with this batch of students, I will most likely cut the mentorship program completely and keep the educational front to just offering two courses on my website. an introductory course to forex trading which will be free for everyone to take and the advanced course on price action trading will be a paid course but won't include the mentorsihp element (the one on one sessions to monitor their progress and all that jazz) anymore and will be just a video course which anyone can take and use it in their trading.
The thing is, that since I'm currently living in Iran, my living expenses have been so low that I really didn't need to work that hard to make a living wage (the average here is about $5K income annualy!) so I have been able to live a very comfortable living on $500 per month. but as some of you may know, I'm working on starting a company in Slovakia with one of my investors, to be able to both move to europe and grow my business there without having to deal with economic sanctions against my home country.
unfortunately for me, living outside of Iran is going to be very expensive and since I love to play things safe, I have decided I will only move out of here, if I can have 1 year of my living expenses saved up in the bank, so the move don't affect my work (meaning I don't end up risking more because I need to get paid to pay my living expenses) so I'm thinking about creating an stable income before I innitiate the relocation process, to not only have a safety net in the bank, but also have another safety net (stable income) to depend on and survive the ups and downs of running a business on the side.
the idea I have right now, is to start a service of giving my followers livecalls (basically sharing what I will be trading on my own accounts) and charging a monthly subscription which is low enough that even traders with a few thousand dollars in funding can use it to grow their own money.
my thinking is that if I can give everyone at least 300 green pips each week, even with small orders (like 0.1 or 0.05 standard lot orders) they will be able to generate couple hundred bucks each month, so they won't have a problem with spending 10 or 20 bucks each month on getting the tips.
At first I wanted to gather capital and create a pool, so I can trade it and take a share of profits, but the truth is that most retail investors won't behave like institutional investors. they don't think in terms of precentages, they think in terms of dollar amounts, so even a low risk method of trading that I have been using on the MAM account in the past 6 months, won't be that lucrative for them since the money they will get out of it won't be as much as they want. but the same method, is quite valuable for bigger firms that are aiming to gather institutional investors to their firm (hence the job offer I got after sharing the performance on linkedin)
So the point is that I think it might be better for retail investors if I guide them on their trading and charge a fee for that privilidge instead of trying to convince them to let me manage their money and get a share of profits.
I've been offered a position at a swedish investment firm lately, and if things go as planned (I'm going to do a three month testing period on $50K and if my performance during this test matches my track record, I will be managing about $10M of firms assets)
sounds like good news, but I'm already involved in the education of my students who have signed up for my mentorship program, so I'm not as free as I wanted to be.
So at the moment, my only focus is on finishing their education and once I'm done with this batch of students, I will most likely cut the mentorship program completely and keep the educational front to just offering two courses on my website. an introductory course to forex trading which will be free for everyone to take and the advanced course on price action trading will be a paid course but won't include the mentorsihp element (the one on one sessions to monitor their progress and all that jazz) anymore and will be just a video course which anyone can take and use it in their trading.
The thing is, that since I'm currently living in Iran, my living expenses have been so low that I really didn't need to work that hard to make a living wage (the average here is about $5K income annualy!) so I have been able to live a very comfortable living on $500 per month. but as some of you may know, I'm working on starting a company in Slovakia with one of my investors, to be able to both move to europe and grow my business there without having to deal with economic sanctions against my home country.
unfortunately for me, living outside of Iran is going to be very expensive and since I love to play things safe, I have decided I will only move out of here, if I can have 1 year of my living expenses saved up in the bank, so the move don't affect my work (meaning I don't end up risking more because I need to get paid to pay my living expenses) so I'm thinking about creating an stable income before I innitiate the relocation process, to not only have a safety net in the bank, but also have another safety net (stable income) to depend on and survive the ups and downs of running a business on the side.
the idea I have right now, is to start a service of giving my followers livecalls (basically sharing what I will be trading on my own accounts) and charging a monthly subscription which is low enough that even traders with a few thousand dollars in funding can use it to grow their own money.
my thinking is that if I can give everyone at least 300 green pips each week, even with small orders (like 0.1 or 0.05 standard lot orders) they will be able to generate couple hundred bucks each month, so they won't have a problem with spending 10 or 20 bucks each month on getting the tips.
At first I wanted to gather capital and create a pool, so I can trade it and take a share of profits, but the truth is that most retail investors won't behave like institutional investors. they don't think in terms of precentages, they think in terms of dollar amounts, so even a low risk method of trading that I have been using on the MAM account in the past 6 months, won't be that lucrative for them since the money they will get out of it won't be as much as they want. but the same method, is quite valuable for bigger firms that are aiming to gather institutional investors to their firm (hence the job offer I got after sharing the performance on linkedin)
So the point is that I think it might be better for retail investors if I guide them on their trading and charge a fee for that privilidge instead of trying to convince them to let me manage their money and get a share of profits.
(continued from the previous post) Now, I put up that poll, to see if you guys agree with me on this or not. so far it seems like there is some support for this idea so I'm planning on maybe lunching a subscription based system for that. it won't be on patreon and will be on my own website.
but this week (or maybe this month), I'm going to do a trial run of it on this channel first, both to gauge the interest (in terms of views of my posts) and also how many green pips we can harvest this way.
if I move passed the 300 per week limit I have set for myself, I will launch the program and you guys can jump on board.
Thank you all for supporting this channel and me in all my crazy endeavours
I can never thank you enough.
Kindest Regards
-Linorth
but this week (or maybe this month), I'm going to do a trial run of it on this channel first, both to gauge the interest (in terms of views of my posts) and also how many green pips we can harvest this way.
if I move passed the 300 per week limit I have set for myself, I will launch the program and you guys can jump on board.
Thank you all for supporting this channel and me in all my crazy endeavours
I can never thank you enough.
Kindest Regards
-Linorth