What to lookout for using London Breakout Strategy 01
⭕️Disclaimer: Past profit does not guarantee future profits.
I'm not a financial advisers, I don't give financial advice, or intend for solicitation.
You can join the telegram group, chat me up for any questions or suggestions.
Special thanks to Joshua Martinez(MTi), I learnt this strategy from him, and with the knowledge i get from iML i was able to tweak it to work so well for me.
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LONDON BREAKOUT STRATEGY Follow the rules strictly!
Join the free signal channel and the trade Mirror program by downloading Telegram and join by clicking on @firepipsignals ⭕️Disclaimer: Past profit does not guarantee future profits.
I'm not a financial advisers, I don't give financial advice, or intend for solicitation.
You can join the telegram group, chat me up for any questions or suggestions.
https://t.me/joinchat/G36FOA3Oxcy9L4d...
KEEP TRACK OF YOUR TRADES USING THESE WRITING MATERIALS.
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special thanks to Joshua Martinez(MTi), I learnt this strategy from him, and with the knowledge i get from iML i was able to tweak it to work so well for me.
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London BreakOut Strategy 02
London BreakOut Strategy 02
This is London breakout strategy. Its works on all GBP pairs every 8AM UTC (9AM GMT+1 NIGERIA TIME)
THESE CONDITIONS MUST BE MET
1. CHECK NEWS
2. MARK-UP ALL THE 6 GBP PAIRS
3. LOCATE THE OHLC ON THE 9AM CANDLE
4. DETERMINE WHETHER IT'S LONG OR SHORT (zigzag- 5,1,3)
5. SET A PENDING-STOP ORDER
6. STOP LOSS SHOULD BE THE HIGH/LOW OF THE 9AM CANDLE.
7. TARGET 1:1 RISK/REWARD RATIO.
FOR A BUY
10 PIPS ABOVE THE HIGH
SET STOP LOSS AT THE LOW OF THE 9AM CANDLE
FOR A SELL
5PIPS BELOW THE LOW
SET STOP LOSS AT THE HIGH OF THE 9AM CANDLE
RISK/REWARD= 1:1
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