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London Rush - Breakout Trading System (London Rush - Breakout Trading System)

author EAcpu | 3 reads | 0 comments |
The Londonforexrush.com system is a breakout tool, before I continue, it's a bit like open range trading, 30 minutes after the first market bell, a breakout will usually alert the trader to the trend of the day

The London FX peak breakout follows the Tokyo trading session, and the system's creators say "London generates more volatility than any other market because it trades simultaneously with Tokyo and New York."

This indicator is still for sale on their website for $99, but I'm going to give this to everyone here for free, and I hope I'm not breaking any rules!

I will give you the manual, please read everything, it won't take more than 2 hours while I check the previous charts for historical testing. This indicator is said to be best suited for the GBP currency pair as it is the GBP most traded opening in London, the indicator also has a market trend indicator I uploaded which automatically gives you (once it is broken) a target and stop loss, this is not an EA

I have only been using it for a week now and as we are at the end of the financial quarter the volatility in London is probably a bit exhausted so no trades are being pulled, please give it a thorough check everyone, this is a system that is on sale for $99 Londonforexrush.com I know it is an old system but another article has disappeared with people claiming "it stopped working"
How could the strategy fail? ! #~ And some people use this to trade London’s closed market!

I have a few questions:
1. Even though BST - GMT+1, is the London Stock Exchange still open at 8:00?
2. Are there other markets on the Tokyo Stock Exchange affected by BST?
3. Is there anything I can do to give me accurate mt4 timings, it returns 1 hour, the server is in London but I don't know why it returns, the indicator gets messed up because it has to pull trades within 2 hours of opening at 8 o'clock in London
4. The indicator is set to 23:00 or 00.00GMT in Tokyo, but according to Forexfactory, its time is 01.00 AM, should I switch it to 01.00?

If there are any traders in London, can you share your personal views on breakouts?

http://static3.londonforexrush.com/i...new/chart2.jpg
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