Trading With Linorth
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Trading With Linorth
#GBPUSD - I'm going in with a very small sell order on 1.29300 with 510 points stop and 1200 points take profit. its both on top of the channel and in the fouth wave of the tirangle pattern. so I expect the price to fall down
the price seems to be falling, I expect it to fall further down with the news on the US dollar. but since our initial risk on this trade is 25 pips, you can close the trade as soon as it moved passed 25 pips of profit too, if you don't feel comfortable keeping it while the news comes out.
#NZDJPY - Triangle pattern on its 4th wave - its wiser to go in with buy orders for now but when the price reached the top line we should wait and see if it breaks through or falls back down
#NZDJPY - can it be a cup pattern?!
Cup pattern for those of you who don't know what the pattern is.
I might wait for the handle and if it creates it, I'm going in with a buy order πŸ˜„
Trading With Linorth
#NZDJPY - can it be a cup pattern?!
40 pips in 15 minutes! wow.
Trading With Linorth
the price seems to be falling, I expect it to fall further down with the news on the US dollar. but since our initial risk on this trade is 25 pips, you can close the trade as soon as it moved passed 25 pips of profit too, if you don't feel comfortable keeping…
I closed the three trades I had on it on +20 pips (buttom of the triangle pattern) if it jumps to the top, I'll sell it again, and if it breaks it from the buttom I'll get in on the pullback.
#USDCAD - buy order at 1.27250 with a 500 points stop and a 1500 points take profit. (initial risk is 15 pips so you can close it after 15 to 30 pips of profit too, if you don't want to hold it over the weekend. )
Correlations!
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This is my analysis on #AUDUSD, which I did yesterday afternoon.

If I were to follow my usual strategy of trading with the trend, I would have gone in with buy orders for the top line of the channel, and at the top of the channel, I would have bet against the break out and would sell it there..

But instead I fell into the old trap of catching reversals, and ended up losing money on an obviously profitable trade.

This chart alone would have given me at least 100 green pips in less than 24 hours, yet I lost about 40 pips on it.
Next week, Im gonna stick to my usual routine of trading with the trend and rack up massive amount of pips to make up for the last two days of this weekπŸ˜‹
During the weekend, Im gonna record an educational video about my scalping method and teach you guys how to pick your entries and scalp. So make sure to subscribe to my youtube channel (link is in the description of this channel) so you can be one of the first ones to watch it when I upload it to youtube.


I wont be trading today anymore, so I'll see you guys next week.

Have a nice weekend everyone😎
Trading With Linorth
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remember this?
I was a bit off on both entry and exit points I shared (I expected it to come down till 1.036 -or at least 1.038 for a retest, but it reveresed at 1.039, but if you would have entered with me on 1.041 (the high of the bullish candle) you would have been able to close out at 1.0660 with 250 pips of profit. (I still expect it to move higher. but since 1.0660 is an important resistance, it could be worth it to step off and wait for a correction wave and get on it again if it decided to break through the resistance.)



these long time trading signals are only 20 precent of all my trades, I don't generally like holding positions for longer than 5 days, but I keep a few of the better ones I find to cover for possible losses on my scalping trades.


still, I will share as many as I can find, but I like to change the direction of this channel from merely sharing signals to an educational class where I can teach those of you who are serious about trading, how to find these trades yourself. but so far the reactions have been kinda dissapointing. there are 180 of you in this channel yet the youtube channel got only 10 subscribers, which tells me most of you guys really don't want to learn anything and are happy with just using a few signals here and there.
eitherway, I will continue towards educational content more, since that was my main goal of creating this channel in the first place.
When you ignore risk management and go in heavy and price hits your stoploss!
#USDCHF - buy at 0.96280 with 100 points stoploss and 200 points take profit.
Trading With Linorth
#USDCHF - buy at 0.96280 with 100 points stoploss and 200 points take profit.
initial risk is 7 pips so you can close it after that too.