Trading With Linorth
Who's ready for the new week?
I'm going to watch the market today and read the price action a bit more before issuing signals for the week, so you might get one or two charts today.

but first, here are the important events of the week:

Scheduled events
for the most widely-traded currencies, that may also affect indices and commodities.

Monday, 25 May
09:00: EUR – German Final GDP


Tuesday, 26 May
01:45: NZD – Trade Balance
08:00: JPY – BoJ Core CPI
09:00: CHF – Trade Balance


Wednesday, 27 May
00:00: NZD – RBNZ Financial Stability Report


Thursday, 28 May
15:30: USD – Preliminary GDP
18:00: USD – Crude Oil Inventories


Friday, 29 May
02:30: JPY – Tokyo Core CPI
02:30: JPY – Unemployment Rate
15:30: CAD – GDP
15:30: USD – Goods Trade Balance

All times are GMT+3
Linorth, 

7 comments

varun m
Hey linorth, what's a good way of setting stop loss to get to second target once first target reached? Or should we just setup a stop sell/buy order with price slightly above or below the 1st target and does stop-loss need to be same or different ? And 50% lot size of first target to break even? Any advice?
varun m
Also do you usually recommend carrying over previous weeks trades or are these trade meant to be weekly swing trades? I am have relatively less experience with this signal so just wanted to make sure I am not assuming anything wrong
Csu2
And do we have an update for GBP/USD this week, I think it's still running as last week's signal, thank you
Linorth
varun m
Hey linorth, what's a good way of setting stop loss to get to second target once first target reached? Or should we just setup a stop sell/buy order with price slightly above or below the 1st target and does stop-loss need to be same or different ? And 50% lot size of first target to break even? Any advice?
I usually only count till first target as that is the main target for the signal. but I also share 2 or sometimes 3rd target as well, but obviously the probability of price reaching the second or third targets is lower,
I usually suggest that if you want to swing for the second or third targets, close half the volume on first target and free risk the rest (by putting the stoploss a few pips ahead of the entry price)
Linorth
varun m
Also do you usually recommend carrying over previous weeks trades or are these trade meant to be weekly swing trades? I am have relatively less experience with this signal so just wanted to make sure I am not assuming anything wrong
I sometimes carry over the weekend (when the risk of gap is lower or I think the trade is still valid to hold on to) like the 3 trades I had open from last week.
but most of H1 trades usually give me an exit (whether stoploss or take profit) during the same week.
Linorth
Csu2
And do we have an update for GBP/USD this week, I think it's still running as last week's signal, thank you
there is no update on those trades (meaning, nothing has changed in my opinion and trades are still valid)
if you haven't taken those trades from when I shared them, you can basically take them now with the same stoploss and targets)
Csu2
Linorth
there is no update on those trades (meaning, nothing has changed in my opinion and trades are still valid) if you haven't taken those trades from when I shared them, you can basically take them now with the same stoploss and targets)
Thank you sir!