- May 7, 2022
- Posted by: Forex Wiki Team
- Categories: Forex Trading System, Free Forex Indicators
London Forex Rush System Review
The London Forex Rush System is a comprehensive London breakout forex method that is widely used by currency traders.
The system is based on a secret trading element and the preceding Tokyo trading range.
The indicator will tell you whether to go long, short, or remain put at the start of the London trading day.
Furthermore, the London Forex Rush indicator method will provide you with the precise entry, stop loss (aggressive and conservative), and take profit levels (aggressive and conservative).
London Forex Rush is advised for usage on six currency pairings, including the GBP.
For optimal results, use it on the currency pairings GBP/USD, GBP/JPY, GBP/CAD, GBP/AUD, GBP/CHF, and GBP/NZD.
Characteristics of London Forex Rush
- Strategy: Trend
- Trading Time:Â London session
- TF: M30-H1
Best Brokers ListÂ
The London Forex Rush System works with any broker and any type of account, but we recommend our clients to use one of the top forex brokers listed below:
Setting Of London Forex Rush Indicator
London Forex Rush Strategy
The London session is well-known as the busiest in the currency market. Because it has the highest volume of trade:
When trading resumes in London after a calm Asian session, the market experiences bigger price fluctuations, which tend to be in one direction (up or down):
This market pattern is employed in the London Forex Rush System. We just set the Pending Orders to the Asian session's High and Low (above / below 5 pips). We delete the second order after the first one has been opened.
London Forex Rush Indicator In Chart
The London Forex Rush indicator is shown in action on the GBP/USD H1 chart below.
Basic Trading Signals
The London Forex Rush MT4 forex indicator generates simple signals that look like this:
When the London Forex Rush informs you to open a buy transaction, do so.
Use the London Forex Rush-advised SL and TP levels to set your stop loss and take profit targets (visible on the chart).
Signal to Sell When the London Forex Rush urges you to, open a sell trade.
Use the London Forex Rush-advised SL and TP levels to set your stop loss and take profit targets (visible on the chart).
When the indicator on the chart says "NO TRADE," stay away.
Conclusion
The London Forex Rush System is a massive system with its own set of laws. You may receive more thorough information by reading the handbook, which you can download at the bottom of this page. The London Forex Rush System and some of the complexities of trade are described in length in the manual.
Download London Forex Rush System :
We highly recommend trying London Forex Rush System for at least a week with ICMarket demo account. Also, familiarize yourself with and understand how this system works before using it on a live account.
Get London Forex Rush System