Another Simple London Breakout System (with a twist)
Considering the below two charts I see a total of 28 transactions:
13 winners
15 winners
Here is the spin; All my winners went for 70 pips, my winners for just 30 pips. 460 pips in 14 trading days.
ENTRY:
-Throughout the first couple of seconds of the London's opening place two orders, one extended and one Brief using the same size, using a SL of 30 pips (I just risk max 2 percent of portfolio per transaction ).
-Establish both TP's to 70 pips
-Leave your pc and do something else!
Notice:
-This system works best on non-major pairs. EU, EG, GU, UC have a tendency to be a bit.
-You will lose a minumum of one transaction each and every day! Get used to it, it is a component of the machine!
Https://www.forexsoutheast.asia/atta...1330976924.jpg
https://www.forexsoutheast.asia/atta...9457287221.jpg
Slimming 4 of 6 transactions will still put you ahead by 20 pips (4*-30 = -120 pips 2*70= 140pips).