my 1.298 order got activated and i saved the profit of it. I still expect another push up so just put a sell limit back in that price 😁

did you guys enjoyed my channel-like lines on this chart? Im working on an algorithm that helps me find price levels where the reversal is very likely and these lines are result of linking up those price points.

Im still about 10 to 30 pips away from the exact price pivot point (tip of the shadow of last candle) but Im tweaking things and backtesting to get it as close as possible and more accurate (fewer levels with stronger reactions)

I feel like Im 👌 close to hitting a gold mine 😂
currently thinking about testing my algorithm as a binary option trading tool. even tho I dont like binary options my algorithm gives precise enough levels with strong enough reactions that can potentially be used in low time frame binary option betting. will need to back test some strategies and see if I can make it work.
if I make it work I will probably open up a separate channel for sharing binary option signals for those of you who dont have enough money to do actual trading. we can look at it as a game (which is what it really is)

anyways... wish me luck😅


have a nice weekend everyone. ❤

Early movements in asian markets indicate a minor decrease in USD strengh and minor strengthening of other currencies.
GBP exoerienced the most strengh in early hours.

are there any americans here who use robinhood for trading stocks? if so, please send me a message by clicking on --> @Linorth
I cant sign up for the platform on the count of being in Iran, so I was wondering if we have anyone here who can create a demo account for me to test it out.

ok. its been pointed out to me that they dont offer demo accounts. which to me sounds super weird!
having a trading platform and offering no way of testing it without putting down real money seems like a weird approach. almost makes me feel like there is a catch in there somewhere!
oh well. never mind then 😅

Should I add US Stock Market Analysis to the channel or keep it specifically about Forex?
anonymous poll

No, I just want it to be about Forex – 66
👍👍👍👍👍👍👍 65%

Yes, Add stock market analysis too – 36
👍👍👍👍 35%

👥 102 people voted so far.

Hello everyone, Im here with some positive news.

I have been working on creating more of an online presence for myself.. there is about two years worth of my work here (analysis and whatnot) yet none of it gets indexed anywhere.. so Im going to make some changes to reach a wider audience.
I first wanted to work on instagram but the fact that I have to put charts in my phone first and then send them on insta looked like way too much work for my already busy schedule. so I was looking for a quicker path than that..
I thought about it a lot, and the easiest path for me would be to work on tradingview and share my analysis from there directly to my twitter account. that way, I can work on both platforms simultaneously and also have each social media channel (telegram and twitter) dedicated to their own purpose.

so I will keep this channel for posts like this one (regular updates) and also for news and fundamnetal analysis which will need more words than its allowed on twitter.

and I will keep twitter running with chart updates since it would be a hell of a lot less work for me since I can just share charts on there directly from tradingview with one click.
so if you havent done it by now, please follow me on twitter (twitter.com/Linorth)
to get the charts I analyse on tradingview. thank you.



the main news I wanted to share with you is that I've recorded 4 more episode of my price action trading course which I will be uploading on youtube as soon as I finish editing them.
so it doesnt hurt to sub to that channel too if you havent done it by now.


sorry for not being as active as I wanted on this channel lately.. but Im going to make up for it very soon😎

Managed to hit my goals for Jan 2019 for the MAM account.

now I have a bit of profit to work with in February and scale up the volume as planned to grow the account faster.


seems like the drama in the market is going to be a bit more prolonged (brexit getting posponed apparently, and US China drama) so I'm going to change my trading approach and use a more purely technical trading method for February because I can't just spend a whole year waiting around for the market to calm down 😁

so for next week, you can expect a lot of chart getting analyzed and shared through my twitter account

the fundamental updates will be here as usual.

thank you all for supporting this channel

have a nice weekend

Hello everyone,

hope you all had a fun saturday night wherever you are.
I'm back home after a night out with friends, something I hadn't done for a while so I feel like my batteries have been recharged again 😁

I'm going to spend the night analyzing the charts and from tomorrow afternoon I will post them on my twitter account (link is in the description of the channel)


A new investor joined the MAM account tonight, he couldn't put in the min 5K limit for joining and only had 2K ready, so I explained to him that the limit is there because the MAM account divides the volume of my trades between the investors based on their share of the equity of the MAM account, so this month when I open a 0.2 order, on his account the order will be a 0.02 order and if he is fine with having to stick with the MAM for the entire year and slowly compound the profits, he can join.
he decided to join anyways, so now I'm announcing it here so if there is anyone else like him who wishes to join but can't commit 5K to it, you can join with 2K too. I'm lowering the limit so maybe more investors like him join and together balance the equity share with the bigger investors.
also since I'm going to scale up the positions in the upcoming month, joining later with this amount won't be possible so I will have to raise it back up again. but for now, since the total balance is only 26K, a 2K sub account can still work.


anyways, thank you all once again for supporting me on this crazy ride with your kind words of encouragement.
I'm sorry if I don't reply to the messages as quickly as I want. I get so many of them its hard to keep up with them, but I will still make sure to answer every single one of them even if its a bit late.

have a nice weekend
Regards
-@Linorth

the data on the britains economy shows there is no real fundamental force behind the GBP index and its doomed to fall more.. unless maybe there is some miraculous new progress in the brexit mess then we might see some strength in it but for now things look pretty bleak for the british economy.

overall I still expect the GBP to get weaker in the upcoming weeks leading to the brexit deadline.

IMF (international monetary fund) has also confirmed that saudi arabia will need $80-$85 oil to balance their budget.

I think its reasonable to expect them to sacrifice market share in order to bring up the prices in 2019. so Im sticking with longs on WTIcrude oil till at least $70-$75

as expected Saudi Arabia announced that they will increase their production to 9.800M barrels (even more than what was previously agreed upon in opec) and they will decrease their exports to 6.900M.

they are effectively sacrificing their market share to bring up prices to balance their budget. its a good opportunity for us to take advantage of this and make some easy money from wticrude oil in the market.

just enter longs in parts so you can add to your position if the price moved down more and in a couple of months you will be able to exit the longs in a decent profit

I closed my sells on #GBPUSD. as you can see the move I anticipated happened, but since it broke out of my desired range, I don't feel comfortable holding it for the final target I had on it. if you want to stick to the levels, I suggets moving the target a bit higher to 1.24300.

some small orders I had on #BTCUSD helped my pip amount goal for the week! 😅
but still, I managed to get half way to my monthly goal for February.
I was waiting for one more investor to join the MAM before taking the new basket of positions, but since they still have problem with KYC process at fxchoice, Im going to start taking positions anyways and let them join another month.

so Im going to play with #GBPAUD, #EURUSD, #EURAUD and #USDJPY for next week.

I expect USD to get weaker with more news on the US-China negotiations on a peace-treaty for tradewar.
but since things might get a bit volatile, Im going to just share price levels and direction (like the #GBPUSD chart) and let you guys manage your own trades with an eye on the levels of my algorithm as a help.

have a nice weekend everyone.

While the international markets are already celebrating the end of the tradewar between US and China, Trump seems to be focusing his attention on Europe with tariffs on european cars which can severely damage the heart of Germany's economy which is its auto industry.
there is still no timeline about when he might make his next move, but knowing trump and how he has been forcing his way and getting what he wants no matter what, it might be a good idea to prepare for the new tradewar with europe!

#GBPAUD - Daily

this is how I expect the pair to move.
either the smaller triangle breaks out to the downside and we see a quicker fall, or it will break out to the top and hit the red box and fall down from there to create the fourth wave of the bigger triangle.

the second red area is the supply area if we suddenly get some positive news about brexit that pushes the chart up.

Nigeria's president also said that his country's production rate will be reduced even below the amount preagreed with OPEC, to boost up prices even more.

WTI Crude oil > 57

for today on #EURUSD there are:

$1.2B buy orders on the round price of 1.13000

$664M sell orders on 1.13650

$2.4B sell orders on 1.1400

the orders will expire tomorrow morning. but if price hits either of these prices a strong reaction in the opposite direction is expected.


#daytradingtips #marketliquidity