The GBP pairs have staged a reversal and today with the London Forex Rush Trading Dashboard, we have 2 GBP pairs that might be ready to breakout from their Tokyo range. Based on the strict rules of the London Rush System, we can only consider long trades only today.
By just looking at the dashboard, there are just 2 viable trades in GBPCAD and GBPNZD. Both positions for possible long breakout play.
So be sure to enter your Buy Stop Orders.
This is an indication of the direction. Please enter your stop orders because if certain support levels are not broken through, you do not have momentum and you do not want to be positions. Have fun and good luck trading.
Click Here to learn more about London Forex Rush
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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