I made a very tough decision today.

Today I officially stopped trading on the MAM account since I have decided to temporarily close down my account management services completely.

It was hard to give up on all the funding I worked so hard to bring in, but I need to make some strategic moves to make sure my business will be better off long term.
things are changing quickly and I need to adopt with changes.


I need every bit of time I have before I start my new job, to finish my mentorship program for my students, so I'm closing down the account management services on my website for now, until I establish my company overseas and get the option for creating trading accounts at a well regulated broker through my company, so I don't face the economic sanctions against my nationality.

The signal service thing will be added in near future (probably early November), I will do a trial run live trading for a week or two and then open it up officially so those of you who want to trade with me can join and use my signals in your trading.
I figured it will benefit my retail clients more if I just give them the trade signals and let them do the work themselves, so they can keep almost all of the profits to themselves as well.
its also more fair in my opinion. even tho its my job, I don't think its fair for me to get a big cut of the profits when they are the ones taking all the risks on their funds. so this way it will be more fair for everyone involved.

Thank you all for the kind messages you've sent me about the signal thing. it warms my heart.
I dearly appreciate it.

As it was obvious from the start (July of last year) trade war was doomed to turn into a currency war.
China is finally getting ready to dump US treasury bonds.

so we will soon witness a devaluation of USD and most likely a bull run on gold.

be careful on your trades and protect your capital.

WTI Oil > $55.55

After 20 years of stability, Germany has started buying gold again. so I think this makes it pretty clear that you should be bullish long term for trading gold.

#Gold - H4 - a decent 1:1 trade.

blue line = ideal entry
Red line = stop loss
Green line = target



—
please take risk and money managemnt into account if you decided to take the trade.

it jumped to 1500, i got out to save the profit and wait for resistance at the ]round price of 1500, and if it dropped back down, I will enter again.

the buying pressure seems strong tho, so it might even go beyond my target and reach 1515

hit the target (and just reached 1515 )
Im out of it. even tho it still have potential for touching 1520, I feel content with the result.

Russia federal bank cut its rate twice as much as last month (%0.50) to %6.50
due to the outlook of world's economy.

so now all eyes are on US to see what the feds will do next week.

I have gotten a couple of messages asking me about my mentorship program and whether or not I will teach.

As you all know, I decided on halting the mentorship program due to the job offer I got. the reason I did it was while I still have a couple of months (probably 4-6 months till I open a shell company in UK for sorting out contracts and legal stuff) I didnt want to keep the program open so someone doesnt sign up for it late (middle of 4th month for example) and I cant cut the program short while they still havent finished their course.


I probably will run it for just one 3 month semester beginning from next month. after that, I will most likely close it down and will just put the video course on my website but the mentorship element of it (the sessions with students) will no longer be available since I wouldnt have time for it.

so if you want to join the course, this one semester (starting on 1st of November) is likely to be the last one.

but, the good news is that my developer is currently developing a telegram bot for my signal service (Im planning on adding the bot and sending out signals through the bot for people who sign up, so they can keep notifications on with the bot so they can be notified purely for signals even if my channel is muted on their telegram app)

I will keep that running even after I start my job, so if you cant join the course, you still can use the signal service to get my trades on your phone in time to use them.


thank you all again for the continued support
words can not express how much I appreciate it.


Kindest regards
-Linorth

Xi seems to be signaling the chinese government to adapt to cryptocurrencies, which pushed the price of BTC up today.


seems like they are building the foundation for moving away from USD in trade in future!

Sorry for keeping you all waiting..
My telegram bot is almost ready for launch. I'm expecting my developer to finish things off today.

for the first month, the service will be free of charge while we work on removing possible bugs and problems, and also, you guys can check how well the signals are doing.

after the first month to renew the subscription, you will have to pay the subscription fee (which is $20) to get signals for the next month.

The only form of payment I can currently accept are bitcoins (due to sanctions other methods of payment like creditcard or paypal are not available for me)

The bot will have some guides for buying the bitcoins and making the payments with them, so no worries if you haven't used cryptocurrencies before

I will update you once the bot is ready for you to use.

Regards
-Linorth

#institutionalorders

As we approach the British Central Bank (BoE) Interest Rate Decision Summit
Barclays Financial Institution (Frankfurt, Germany)
Has entered the #GBPUSD with a sell order at 1.2930
With the stop loss at 1.3048
The ultimate profit target at 1.2720!

#institutionalorders

Bank of Morgan Stanley has bought Norwegian krone. (Selling #USDNOK)
In the range of 9.1290
With the stop loss at 9.3100
The ultimate profit target being 8.5800!

what I think is of significant use for us is the stop level they have picked for this trade.

sorry guys, there seems to be a problem with the bot and my developer is working on it and we are trying to get it up and running asap. but I'm afraid I might have to send signals or analysis here on the channel until the bot is operational.

Thanks again for the kind messages some of you have sent me. I appreciate the support.

#DXY - Sell order

ideal entry 97.600
stoploss 98.100
profit target 97.100

#USDCAD - Sell order

ideal entry: 1.31700
stoploss: 1.32350
target: 1.31050

#EURUSD - Buy order
ideal entry: 1.10700
stoploss: 1.09850
target: 1.11550

wow this week really isnt my week.
the #USDNOK and #GBPUSD trades went fine, but the other two (#DXY and #USDCAD trades) failed.
I didnt expect the talks of tradewar deal to push the USD higher like this, I expected the DXY to fall with gold just like how they raised together during tradewar tensions.