British Prime Minister Boris Johnson is set to unveil a tax cut for small businesses in the UK!
This is the first radical change in British tax law on the eve of leaving the EU!
#GBP
_____

New York Federal Reserve bought US $ 7.50 billion in treasury bills!
#USD
#QE_NOT_QE

I think boris will try to pull a trump and focus on proping up UK economy so he can hide his other flaws under good economic numbers. so we might see GBP recover quicker than EUR.
so I'm currently going long on GBPUSD and I'm also going to long EURCHF since its swap is positive, in two parts, one on 1.091 and one part on 1.085 if price moved there and hold them both for the target of 1.10 with my stoploss being behind 1.079

So Trump got impeached.
I doubt he gets removed from office and even if he gets removed Im sure he will run again in 2020 and win again 😂
The problem with his impeachment is that the likes of Nancy pelosi have fucked up so much themselves (like pelosi admitting on air that she was well aware that the Bush administration was lying about Iraq and she did nothing about it) that they have no moral high ground to stand on when it comes to ethics.

So I dont think this impeachment will do anything except maybe weaken the democratic party even more in the long run.

For now we should wait and see how his trial goes in the Senate which many people believe the republicans will unanimously vote against it and keep him in office.

LIVE: EU Withdrawal Agreement Bill
https://youtu.be/Io0WgYiFQlM

Merry Christmas & Happy Holidays🎄⛄

this one is at 0.87 about 200 green pips since I shared it here.
the #NZDJPY trade I shared last week via the signal service bot (link in description of channel) is also in +80 green pips.

#Gold

my long term analysis of gold is available in this channel if you search for the hashtag gold. but here, I wanted to show how I see the movements in gold.
still within a flag pattern with three legs down and on its 6th wave about to touch the topline of the channel.

The longterm direction is up, and the current target for the bulls in the final leg is 1496.96. after that, they will exit their orders and create a pullback to the topline of the channel and then we have to monitor the chart closely to see if the price action suggest a direct move up to 1600 price range or we are going to witness a fallback to 1420 price range before price build the potential for going higher.

My internet might get shutdown by the government again (I live in Iran) so I wanted to talk about oil prices before I get cut off.
Today is the beginning of another wave of protests in Iran and the chaos of people protesting all over middle east (Iraq, Iran, Lebanon,..) has the potential to push oil prices higher to around $65 per gallon (if things get out of control we can expect >$80 per gallon prices for 2020). Still the support area for this price move is 58-60 price range, so keep that in mind if you want to trade it.

I dont think internet blocking is going to last long if it happens, probably 3-4 days at most so I will be back soon to continue sharing my analysis here.

Reached the target area.

#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!)

Sign up for the signal service bot (@Linorth_bot) so you dont miss out on future signals.

No internet shutdown in my area (Tehran) this time, so it seems like I will be able to continue working here on Monday 😁


Have a nice weekend everyone

WTI Crude #oil > $62

Happy New Year! 🎊🎉🎊🎉

#Gold is running towards the 1575 price range. the move up is sharp so its normal to expect a correction before getting another move up towards 1600.

the boxes are the potential price reversal zones. in case you want to short it when the price reaches there ;)


but still, the longterm direction is still up, specially considering the US going indirectly to war with Iran inside Iraq borders (they killed a famous IRGC military commander in baqdad airport today) its likely for the price of gold to be leaning higher in coming days. (still we should expect the correction since the move up is sharp)

by the way, the events in Iraq will most likely affect the price of oil too, so keep an eye on crude as well.
I think we can easily see 65-66 price range in the next 10 days!

still, remember the support level is 58-60 range.

well that was quite fast!!! already hit 63.50 so now its a good time to exit. congrats to anyone who took the trade.

European oil refineries are pulling out their employees of Basra, Iraq. #oil could reach $75 per barrel (edit: changed 80 to 75 which is a more realistic goal for trades due to technicals. And changed gallon to barrel which was a typo 😅)