London Forex Rush Trade Signal – 9th August 2019
This is the London Forex Rush Dashboard for 9th August 2019.
Based on the London Forex Rush Dashboard, there are no new trade opportunities for GBPAUD, GBPJPY, GBPNZD, GBPUSD, and GBPCHF today.
Only 1 potential long opportunity for GBPCAD.
- Sell Stop Order: 1.60415
- Stop Loss: 1.60571
- Take Profit: 1.60177
Now, although the London Forex Rush Dashboard did not provide a signal for GBPAUD, after looking at the setup, we think that there is potential to this trade.
- Sell Stop Order: 1.77974
- Stop Loss: 1.78524
- Take Profit: 1.77570
Too many times, traders rely too heavily on indicators. Remember this, Indicators are just tools that make life easier for us. However, 100% reliance on Indicators usually will not yield good results. It’s us that makes the ultimate decision. Indicators are just there to shortlist potential trades for us. They are real time savers but not decision makers.
The London Forex Rush Trading Dashboard
With the Indicator, you have only 6 GBP pair to follow. 2 Hours before the London Open, you will start getting alerts for the Pairs most likely for trade. Example below is a screenshot of a typical day before the London Open. You get to see clearly that there are only 2 possible trades for the day.
Possible short trade for GBPUSD and possible Long Trade for GBPCHF. The rest of the GBP pairs are no go for the day. And with this 2 possible trades, we enter into our sell stop and buy stop positions with pre-determined Stop Loss levels and take profit levels so that we can go on with our lives but still continue to become active trades in the world Financial Market.
Pretty cool, right? If you like this kind of trading approach that require only 5 minutes of your time per day, then please click here to learn more about London Forex Rush.
This is a time tested Ever Green Breakout Trading System that is designed to exploit the most volatile trading period of the day. Most traders avoid this volatile period. With the London Forex Rush Trading System, you will begin to love the volatility that the London Open brings. Learn more here…
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