49# London Breakout III

GBP/USD EUR/USD Morning Breakout

Submit by Swiss FX 18/02/2013


GMT+0 (London time).

London Session.

Currency pairs: GBP/USD and EUR USD.

Time Frame:H1.


London Breakout III Metatrader Indicators:

ant-GUBreakout (start 00:00 end 7:00);

i-paramon Work Time (start 00:00 end 7:00);



Take the high and low price from between midnight and 07: 00 and then place two pendings orders. One at the high price + 15 pips and one at the low price - 15 pips. Set the pending orders to expire 12:00.

Stop loss EUR/USD 18 pips, GBP/USD 20 pips

trailing stop of 10 pips or profit target 25 pips EUR/USD and 30 pips GBP/USD.



Share your opinion, can help everyone to understand the forex strategy.

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London Breakout Indicators

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london breakout III Trading system

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