Trade the London Breakout
Our London open breakout strategy is designed to capture moves that occur within the first two hours of the London trading session. The system is based upon well known and respected trading principles. The Asian session is typically range bound in many of the major currency pairs due to low volume. However when trading volume increases at the London market open trends set prior to the Asian range often resume. The strategy identifies these trends and positions to capture any session price breakout when the London market opens.
The strategy uses a 100% mechanical entry and exit levels for trades. This means that each morning all you have to do is check the indicator for a trading signal on your chart time frame. Signals are automatically calculated based on the previous price action. The signals shows exactly where to set your pending orders. This includes where to place your entry, stop order and a take profit level. Simply place the indicated orders and you are done.
This makes for a simple morning Forex trading system which is both profitable and efficient to trade.
Set Time Trading
Easy to Install
Trading Since 2009
London Opening Range Forex Strategy
In developing our method we have focused on creating a reliable and repeatable way to capitalise on price action breakouts. We have taken our cue from such recognised methods as the ‘Big Ben‘ and ‘box breakout strategies‘ .
We trade the London session open. This occurs at 08:00 UK local time. Trades are signalled in the indicator and are considered ‘set and forget’. This helps to remove the ‘grey areas’ of many other systems.
As an experienced group of day traders, our expertise and research has resulted in a simple GBPUSD breakout strategy for Forex. Risk levels are defined to limit exposure. This is an integral part of trading success.
The strategy is built around a set of rules. These help remove the subjectivity and ’emotional’ involvement of many trading systems – key reasons why many traders, fail to achieve the results they expect.
Our main focus is trading the GBP/USD, however advanced traders can also trade other current pairs. Good currency crosses for trading the EUR/USD, GBP/JPY, EUR/JPY and EUR/GBP.
In addition to trading other FX pairs, the flexibility of the MetaTrader indicator allows you can also trade other market sessions if you wish. The European open and the New York Open provide additional trading possibilities.
What our traders say
“The idea behind it is sound and the money management for once is relatively sensible. The system has made excellent returns… we have a serious contender on our hands here.”
“Your London open breakout Forex strategy has been the most profitable I have traded this month… and I trade a few! It has worked out superbly for me on the GBP/USD.”
“The potential here is great. Since downloading I have already recouped the cost in just a few days. It shows you can have a simple Forex system that actually works!!”
“As a new trader I really appreciate the clear set up instructions and support you have provided to get me started. I think I’m onto a long term winner here. Thanks.”