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0400-0700 GMT Breakout Strategy (0400-0700 GMT Breakout Strategy)

author EAcpu | 4 reads | 0 comments |
This strategy is a variation of the London Open http://www.forexfactory.com/showthread.php?t=103682

Period starts: 04:00 (GMT)
End of term: 07:00 (GMT)

TP1: 30
TP2: 60

SL is on the other side of the band
After 30 points, move SL to b/e

**During the summer, London uses BST (GMT+1)
04:00 GMT = 05:00 London Summer = 04:00 London Winter = 00:00 New York Summer = 23:00 New York Winter
07:00 GMT = 08:00 London Summer = 07:00 London Winter = 03:00 New York Summer = 02:00 New York Winter

Please visit for more information about time zones: http://wwp.greenwichmeantime.com/


**** See also:



http://img29.imageshack.us/img29/6129/capturewiz057.png
http://img190.imageshack.us/img190/8...turewiz058.png

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280515.pngtp 270515.png270515 executed.png270515.png
280515.pngtp 270515.png270515 executed.png270515.png
280515.pngtp 270515.png270515 executed.png270515.png
280515.pngtp 270515.png270515 executed.png270515.png
280515.pngtp 270515.png270515 executed.png270515.png

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