Forwarded from Linorth Signal Service
Hello everyone,
We noticed the bot had a problem which caused some members to get stuck in limbo not being able to finish their registration, but we have fixed the bug now and I have added 1 month free access to everyone's account. I will soon share my trade management guide with you from here and in that guide I will explain completely how the signal service works and how you should use signals and analysis I post here in your own trading.
Thank you all for the support.
We noticed the bot had a problem which caused some members to get stuck in limbo not being able to finish their registration, but we have fixed the bug now and I have added 1 month free access to everyone's account. I will soon share my trade management guide with you from here and in that guide I will explain completely how the signal service works and how you should use signals and analysis I post here in your own trading.
Thank you all for the support.
Trading With Linorth
Hello everyone, We noticed the bot had a problem which caused some members to get stuck in limbo not being able to finish their registration, but we have fixed the bug now and I have added 1 month free access to everyone's account. I will soon share my trade…
If you haven't joined the bot yet, you can do it now by clicking here —-> @Linorth_bot
I will add 1 month for free to accounts joining till next monday.
Thank you all for the support.
I will add 1 month for free to accounts joining till next monday.
Thank you all for the support.
Just sharing it here since many people have asked the same question about the bot.
Also, I will start sending analysis and signals on the bot and channel this weekend (analysis of market will be a youtube video which I will share the link of it here in the channel, and the signals will be posted via the bot along with my free guide on trade management)
Also, I will start sending analysis and signals on the bot and channel this weekend (analysis of market will be a youtube video which I will share the link of it here in the channel, and the signals will be posted via the bot along with my free guide on trade management)
I have created a space in Quora (https://www.quora.com/q/ydwqrsxqaxjgiuaq)
I'm going to use it for sharing interesting articles on the web or Quora answers related to the topic of the space and also I will do my own blogging there on mixing trading and AI and the journey of developing a highly sophisticated trading robot.
if you have a Quora account, feel free to follow the space, and if you have a cool article related to trading and AI, you can request to become a contributor too.
I'm going to use it for sharing interesting articles on the web or Quora answers related to the topic of the space and also I will do my own blogging there on mixing trading and AI and the journey of developing a highly sophisticated trading robot.
if you have a Quora account, feel free to follow the space, and if you have a cool article related to trading and AI, you can request to become a contributor too.
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
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
Coronavirus_in_Iran_affecting_children.ts
2.9 MB
Warning, video contains horrifying images.
The situation in Iran is getting worse and worse everyday. there are videos of a lot of coronavirus patients that are children under the age of 10 years old (people previously thought it doesn't affect children as much as adults but now due to the high number of children affected by the disease they are worried that the virus might have mutated while spreading outside of china from person to person.
the video also shows the lack of proper medical care in Iranian hospitals to the extent of not even having enough oxygen tanks for all the patients and disinfectant for keeping the hospital clean or even enough masks for the doctors and nurses (the death rate here seems to be closer to %20 according to the numbers reported on number of patients vs deaths)
The situation in Iran is getting worse and worse everyday. there are videos of a lot of coronavirus patients that are children under the age of 10 years old (people previously thought it doesn't affect children as much as adults but now due to the high number of children affected by the disease they are worried that the virus might have mutated while spreading outside of china from person to person.
the video also shows the lack of proper medical care in Iranian hospitals to the extent of not even having enough oxygen tanks for all the patients and disinfectant for keeping the hospital clean or even enough masks for the doctors and nurses (the death rate here seems to be closer to %20 according to the numbers reported on number of patients vs deaths)
Trading With Linorth
Coronavirus_in_Iran_affecting_children.ts
Still, no reason to run to the bunkers yet. there was a news article on daily mail a couple days ago about an american company developing a vaccine for the virus which will become ready for animal testing soon, so it seems like in the next 2 months they will come up with a cure for it.
in the meantime, the panic + the actual effect of the virus on human societies around the world (quarantined cities, airplane flights shutting down, people staying indoors etc..) will definitely affect world economy. so for us traders, the effect on oil prices (demand from china and the rest of the world) and stock market (people dumping stocks for gold in fear) is what we should keep an eye on.
so far both china and US have been injecting massive amounts of cash into their markets to prevent the effects of the coronavirus on their economy, so its expected for them to continue down that route.
the feds are likely to keep buying bonds to the tune of $60bn till March 12th, but given that they are not interested in rate cuts, we should wait to see what they will replace it with in upcoming months. obviously if they delay the announcement of the replacement or they don't announce anything at all, the worries will grow in the bond market, stock market and within buyers of USD in FX market.
China is also seems to be going down the route of giving tax incentives to industries affected by the virus. about $3.5bn of the total $8bn will go to Hubei province. last week China provided medium-term funding to banks and cut the interest rate it charges for the money as officials sought to protect the economy from the coronavirus outbreak. offered 200 billion yuan (US$28.6 billion) of one-year medium-term loans.
three days ago they cut the rates again on one year loans from %4.15 to %4.05 and on the 5 year loans from %4.80 to %4.75.
so they are also very likely to keep injecting more cash into their economy.
in the meantime, the panic + the actual effect of the virus on human societies around the world (quarantined cities, airplane flights shutting down, people staying indoors etc..) will definitely affect world economy. so for us traders, the effect on oil prices (demand from china and the rest of the world) and stock market (people dumping stocks for gold in fear) is what we should keep an eye on.
so far both china and US have been injecting massive amounts of cash into their markets to prevent the effects of the coronavirus on their economy, so its expected for them to continue down that route.
the feds are likely to keep buying bonds to the tune of $60bn till March 12th, but given that they are not interested in rate cuts, we should wait to see what they will replace it with in upcoming months. obviously if they delay the announcement of the replacement or they don't announce anything at all, the worries will grow in the bond market, stock market and within buyers of USD in FX market.
China is also seems to be going down the route of giving tax incentives to industries affected by the virus. about $3.5bn of the total $8bn will go to Hubei province. last week China provided medium-term funding to banks and cut the interest rate it charges for the money as officials sought to protect the economy from the coronavirus outbreak. offered 200 billion yuan (US$28.6 billion) of one-year medium-term loans.
three days ago they cut the rates again on one year loans from %4.15 to %4.05 and on the 5 year loans from %4.80 to %4.75.
so they are also very likely to keep injecting more cash into their economy.
Millions of Chinese Firms Face Collapse If Banks Don’t Act Fast
https://www.bloomberg.com/news/articles/2020-02-23/millions-of-chinese-firms-face-collapse-if-banks-don-t-act-fast
https://www.bloomberg.com/news/articles/2020-02-23/millions-of-chinese-firms-face-collapse-if-banks-don-t-act-fast
Bloomberg
Millions of Chinese Firms Face Collapse If Banks Don’t Act
Brigita, a director at one of China’s largest car dealers, is running out of options. Her firm’s 100 outlets have been closed for about a month because of the coronavirus, cash reserves are dwindling and banks are reluctant to extend deadlines on billions…
A big gap down in oil, and a gap up in gold and a run up to 1680 (highest level since Feb 2013!)
#GBPJPY - Daily
seems like GBP buyers are running out of steam.
price getting stopped at 145 resistance area and moving towards support at 142 area.
seems like GBP buyers are running out of steam.
price getting stopped at 145 resistance area and moving towards support at 142 area.
Trading With Linorth
#GBPJPY - Daily seems like GBP buyers are running out of steam. price getting stopped at 145 resistance area and moving towards support at 142 area.
I posted the signal of this pair along with a more comprehensive analysis on the bot. so if you are on both sides, now you can see the difference 😅
if you haven't joined the bot (@Linorth_bot) yet, feel free to do it now. its free for the next 4 days as a trial run for anyone who wants to give it a try ;)
if you haven't joined the bot (@Linorth_bot) yet, feel free to do it now. its free for the next 4 days as a trial run for anyone who wants to give it a try ;)
Warning of potential volatility:
25-28 February
This week's economic events expected to affect the markets of some of the most widely traded currencies.
Tuesday, 25 February
09:00: EUR – German GDP Detailed
Wednesday, 26 February
23:45: NZD – Trade Balance
Thursday, 27 February
02:30: AUD – Capital Expenditure
15:30: USD – GDP 2nd Estimate
Friday, 28 February
01:30: JPY – CPI
01:30: JPY – Unemployment Rate
10:55: EUR – German Unemployment Chg
10:55: EUR – German Unemployment Rate
15:00: EUR – German CPI
15:30: CAD – GDP
18:00: CAD – Budget Balance
All times are GMT+2
25-28 February
This week's economic events expected to affect the markets of some of the most widely traded currencies.
Tuesday, 25 February
09:00: EUR – German GDP Detailed
Wednesday, 26 February
23:45: NZD – Trade Balance
Thursday, 27 February
02:30: AUD – Capital Expenditure
15:30: USD – GDP 2nd Estimate
Friday, 28 February
01:30: JPY – CPI
01:30: JPY – Unemployment Rate
10:55: EUR – German Unemployment Chg
10:55: EUR – German Unemployment Rate
15:00: EUR – German CPI
15:30: CAD – GDP
18:00: CAD – Budget Balance
All times are GMT+2
The last monday of February this year, like two years ago, is turning into another black Monday!
US Treasury bond yields hit a historic low.
Market concerns about the escalation of the slowdown in economic boom are on the rise and shareholders are turning to the Japanese Yen and Swiss Francs for safety.
The People's Bank of China has just issued a statement and no new liquidity has been injected!
US Treasury bond yields hit a historic low.
Market concerns about the escalation of the slowdown in economic boom are on the rise and shareholders are turning to the Japanese Yen and Swiss Francs for safety.
The People's Bank of China has just issued a statement and no new liquidity has been injected!
Forwarded from Linorth Signal Service
#GBPJPY - H4
for a simple sell, you can enter in the blue area with a stop behind 145.100 and the target being 143.300
for a simple sell, you can enter in the blue area with a stop behind 145.100 and the target being 143.300
Trading With Linorth
#GBPJPY - H4 for a simple sell, you can enter in the blue area with a stop behind 145.100 and the target being 143.300
I just posted it here so everyone can see the difference between signals posted on the bot and pure analysis posted here in the channel.
The bot is still free to use for 4 more weeks, so you can join now if you havent already!
The bot is still free to use for 4 more weeks, so you can join now if you havent already!
We are working on designing prediction models for the market. Still on the beginning stage and only taking baby steps..
For this one we used data from 2000 to 2020 but we didnt use all the data since we need to move the proccessing to gpu instead of cpu first to increase our speed. So for this model we only used the last 100000 data points and train on %60 of it to predict the rest (which in no way is a perfect approach)
I will blog about the process in more details on my Quors Space so if you are interested, subscribe to the space.
(Dont use this chart for your trading please. This is a faulty modeling on minute chart. Im just sharing it for visuals)
For this one we used data from 2000 to 2020 but we didnt use all the data since we need to move the proccessing to gpu instead of cpu first to increase our speed. So for this model we only used the last 100000 data points and train on %60 of it to predict the rest (which in no way is a perfect approach)
I will blog about the process in more details on my Quors Space so if you are interested, subscribe to the space.
(Dont use this chart for your trading please. This is a faulty modeling on minute chart. Im just sharing it for visuals)
Alright, I have a couple of things to say.
First about the market:
Due to the feud between Saudis and Russians over oil prices, it seems like now the Saudis are fighting for their lost market share by increasing their production and pumping oil into the market, since they are the only major producer capable of turning a profit with cheap oil. they are also going to offer their clients a -$10 discount on market price of oil to even push the prices below the tolerance level of their rivals. so we are likely to see oil opening with a -900 pip gap ($9) or at around $32.
stock markets are going to keep crashing this week due to COVID19 and its expected for JPY to get stronger and also gold, while CAD will most likely get weaker due to oil crashing.
on a more personal note, my older sister who is a healthcare professional has gotten the COVID19 and its getting worse (judging by her lungs scan) and chances are high that I might be infected as well.
so I have some information about this disease from personal experience which I think you might find useful.
First and foremost, DO NOT TAKE multivitamins or zinc supplements. COVID19 needs zink to complete the process of infecting the body, so if your body doesn't have a high level of zinc chances are you will only show minor symptoms if you catch the virus but it will stay at a flu like level and clears up after 2 weeks. but people with high levels of zinc in their system and people who have fatty liver have shown a %60 fatality rate, because a fatty liver reduces albumin in the body, so if you have a fatty liver you should take albumin supplements immediately! ( might need a visit to your doctor and a test to check the levels and if you are low on it the doctor will prescribe supplements for you)
I'm honestly not in a good mental state right now, but I'm trying to focus my attention on the market and keep myself busy with work... using the house-quarantine for catching up on delayed projects like finishing my educational material for my courses so even if I die from this disease I can at least put something of myself out there before it happens.
Stay safe out there
First about the market:
Due to the feud between Saudis and Russians over oil prices, it seems like now the Saudis are fighting for their lost market share by increasing their production and pumping oil into the market, since they are the only major producer capable of turning a profit with cheap oil. they are also going to offer their clients a -$10 discount on market price of oil to even push the prices below the tolerance level of their rivals. so we are likely to see oil opening with a -900 pip gap ($9) or at around $32.
stock markets are going to keep crashing this week due to COVID19 and its expected for JPY to get stronger and also gold, while CAD will most likely get weaker due to oil crashing.
on a more personal note, my older sister who is a healthcare professional has gotten the COVID19 and its getting worse (judging by her lungs scan) and chances are high that I might be infected as well.
so I have some information about this disease from personal experience which I think you might find useful.
First and foremost, DO NOT TAKE multivitamins or zinc supplements. COVID19 needs zink to complete the process of infecting the body, so if your body doesn't have a high level of zinc chances are you will only show minor symptoms if you catch the virus but it will stay at a flu like level and clears up after 2 weeks. but people with high levels of zinc in their system and people who have fatty liver have shown a %60 fatality rate, because a fatty liver reduces albumin in the body, so if you have a fatty liver you should take albumin supplements immediately! ( might need a visit to your doctor and a test to check the levels and if you are low on it the doctor will prescribe supplements for you)
I'm honestly not in a good mental state right now, but I'm trying to focus my attention on the market and keep myself busy with work... using the house-quarantine for catching up on delayed projects like finishing my educational material for my courses so even if I die from this disease I can at least put something of myself out there before it happens.
Stay safe out there