How To Trade The London Breakout Forex Trading Strategy 👍

Forex Trading System
London Breakout Forex Trading Strategy. http://www.financial-spread-betting.com/course/technical-analysis.html PLEASE LIKE AND SHARE THIS VIDEO SO WE CAN DO MORE. How To Trade The London Breakout Forex Trading Strategy. This strategy is to be used on the GBP/USD currency pair only and here we have a 60 minute chart of this forex pair. At 8 o’clock in the morning everything kicks off in London – FTSE opens, and trading in currencies increases. The idea is that we’re expecting the money flowing in into the pound or out of the pound into the dollar and we’re expecting that to continue for the next 1 to 3 hours. So we’re looking for riding on this money flow and trying to ride on this money flow as far as we can – until either the momentum dies out or the Dow session opens. We are waiting for the breakout and then getting involved in it. You are really waiting for the big swinger on this one – yes you will hit small signals but occasionally you will get a monstrous day in your direction many multiples of your risk.

Articles You May Like

Crude oil settles at $73.56
Forexlive Americas FX news wrap 6 Jan: Canada PM Trudeau to step down
Gold Price Forecast: XAU/USD holds below $2,650 as traders await fresh catalysts
Rivian stock has its best day ever after EV maker reports 2024 production, deliveries
Gold Price Forecast: XAU/USD eases on Friday as investors look elsewhere

Leave a Reply

Your email address will not be published. Required fields are marked *