The Open Range Breakout intra-day stock trading strategy works like this : once the Wall Street opening bell rings at 9:30am EST breakout trader chart the first 20 or 30 minutes of action for certain, particularly volatile stocks. This opening timeframe is usually filled with wild swings as emotion run high in the early trading. Breakout traders mark the high and low point of that early period of volatility, and then watch closely to see which way the stock trends from there. Once the stock "break out" of that range, either to the upside or to the downside, the trader can confidently gauge the general direction the stock is likely to take for the rest of that trading session.
Because this strategy is easy to understand, simple to execute, and above all, profitable that stock traders have been exploiting for ages, and they continue to do so. The London Forex Rush System is based on this powerful trading system
The file come along with 2 ex4 indicators, template for Meta Trader4 and instruction manual. Click here London Forex Rush System and look for download link in comment section.
Because this strategy is easy to understand, simple to execute, and above all, profitable that stock traders have been exploiting for ages, and they continue to do so. The London Forex Rush System is based on this powerful trading system
The file come along with 2 ex4 indicators, template for Meta Trader4 and instruction manual. Click here London Forex Rush System and look for download link in comment section.
Comments
5 comments to "The London Forex Rush System"
21 June 2009 at 02:52
London Fore Rush System
23 June 2009 at 09:21
The over night news is already priced in when the markets open up with a gap up or down and major announcements are usually not made during the trading session.
Stock Trading Tips
25 June 2009 at 05:35
Intra-day trading the Forex market is a tough business. The majority of intra-day traders lose money, and the reason for that is because of poor trading timing.Most of the traders think that following a successful system is enough to make money in Forex, but that's far from truth: you must have a successful system and you must trade it at the right market timing!
14 April 2010 at 12:41
Professional traders are betting that there will be plenty of suckers out there, because that creates the losers that allow you to take profits in a zero-sum market.
26 August 2010 at 04:04
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