Best London Breakout Strategies for Daytrading Forex Market (London Breakout Strategy Tutorial)

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  • čas přidán 8. 07. 2021
  • In this video, I am going to show you 2 alternative strategies to trade the London Breakout Strategy. Both of the strategies have higher win rates according to my backtests. You will learn how to trade the London session smarter in this video.
    Best currencies to trade with the London Breakout Strategy are: GBP, USD, JPY, EUR #londonbreakout #tradingstrategy #tradingjournal
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    THIS IS NOT INVESTMENT ADVICE. I am not a financial advisor, videos in this channel are just for educational purposes.

Komentáře • 48

  • @ImProbsLost
    @ImProbsLost Před rokem +3

    that second stratergy is actually amazing, you will have fewer losses and big wins.

  • @Shariflondon1
    @Shariflondon1 Před měsícem

    I trade the last one. Great video - do t stop CZcams

  • @jonathanlee5185
    @jonathanlee5185 Před rokem +2

    Thanks. BTW, I should remind other viewers that for 6 months of the year London is not in GMT but BST (UTC+1), or what Americans call 'daylight saving hours'.

  • @luismontiel6519
    @luismontiel6519 Před 2 lety +1

    Thank you so much sir
    Wish you blessings

  • @aminoutube
    @aminoutube Před rokem

    thank you and stay motivated

  • @1234TDM
    @1234TDM Před rokem

    I love this brother!

  • @dvvideos4249
    @dvvideos4249 Před 10 měsíci

    This makes a lot of sense.

  • @Rich10MnFc
    @Rich10MnFc Před 2 lety

    Excellent sir

  • @TheKitt12
    @TheKitt12 Před 2 lety +1

    I'm quite late to the party, but can you correct the resume if it's incorrect? so 6-7 AM GMT is the range marking, high and low of those 2 hours, and then countertrend the initial break of that zone, correct?
    i'd appreciate feedback on that
    Great video!

  • @AbouDana
    @AbouDana Před 5 měsíci

    This strategy makes sense I will back test it then see how it works for me.

  • @bernisukri7124
    @bernisukri7124 Před 3 lety +1

    Awesome work's 🔥

  • @JL-eb8vt
    @JL-eb8vt Před 2 lety +1

    Good work!

  • @sathishramyen4235
    @sathishramyen4235 Před 4 měsíci

    I like the alternative strategy it seems the success ratio is higher than first one

  • @kmr7409
    @kmr7409 Před 2 lety +1

    Very smart plan

  • @alaaaboudaher4136
    @alaaaboudaher4136 Před 3 lety +2

    great video.. some live trading videos would be very nice

  • @jonyhanif4447
    @jonyhanif4447 Před rokem

    do ur use any moving averages to help with this strategy???

  • @xaviersapxjoisar154
    @xaviersapxjoisar154 Před 2 lety +1

    Don't quit.
    I sent message on previous videos, u mind to answer them ?
    During settings just little slow to show.
    During volatile market plz do live session .
    You gone be making more money than 2021/ 👍👍👍

  • @futurezone2020
    @futurezone2020 Před 3 lety +4

    @Trading Journal, Whenever you got time, Can you please make a video series on how to create alerts on Tradingview for VuManChu Cipher B and RSI divergence strategies or any other strategies?.

    • @TradingJournal1
      @TradingJournal1  Před 2 lety +3

      Right now, I don't trade with Cipher but I might try to create soon if enough subscribers want it!

  • @reynaldtumaliuan9299
    @reynaldtumaliuan9299 Před 3 lety

    Please don't quit. 🙏🙏🙏

  • @mr.football2890
    @mr.football2890 Před 2 lety +1

    Great video!!!! Do you have a strategy for New York Sessions?

    • @TradingJournal1
      @TradingJournal1  Před 2 lety

      Cheers! I don't have different strategies for specific sessions.

  • @iduinosantoni5674
    @iduinosantoni5674 Před 2 lety +1

    same trader use first hour range of london to skip from fake break out, forgetting tokio session. what do you think about this? thanke you very much for your support.

    • @r4bbit84
      @r4bbit84 Před rokem

      Have you backtested this strategy by any chance. Sounds good.

  • @xaviersapxjoisar154
    @xaviersapxjoisar154 Před 2 lety +1

    What perametwrs to set in RSI indicator ?
    Period....
    Over Bought ... Over Sold ....
    Sma period.... Ema period....
    If i set the ema signlas as per your video, i wan to aet RSI indicator. Plz guide

    • @TradingJournal1
      @TradingJournal1  Před 2 lety

      Try the default settings. It is impossible to know without a backtest

  • @keithtdnb3337
    @keithtdnb3337 Před 3 lety +1

    Mmh.. Though if I may, the second strategy is interesting but very risky-my 2cents opinion

    • @TradingJournal1
      @TradingJournal1  Před 3 lety +1

      Well, yes it is risky. But I like it because of the high risk-reward ratio

    • @keithtdnb3337
      @keithtdnb3337 Před 3 lety

      @@TradingJournal1 okay.. But nice one. Anyway it's success rate?

  • @lauranessig2112
    @lauranessig2112 Před měsícem

    What Pairs are the best for this? 🎉

  • @diyfunnelbuilders8376
    @diyfunnelbuilders8376 Před 2 lety

    Ho does this work with bitcoin too?

  • @aum2008
    @aum2008 Před 2 lety +2

    Whats the win rate?

    • @TradingJournal1
      @TradingJournal1  Před 2 lety

      for which one?

    • @aum2008
      @aum2008 Před 2 lety

      @@TradingJournal1 for all three

    • @TradingJournal1
      @TradingJournal1  Před 2 lety +2

      ​@@aum2008 Let me tell you the gain on accounts since RR ratios are different: classic one: 14%, other two strategies are 34% and 39% according to my backtests

    • @aum2008
      @aum2008 Před 2 lety

      @@TradingJournal1 thank you..
      Keep up the great content mate!!

  • @dancovrboski9135
    @dancovrboski9135 Před rokem

    Na golemiot mozok dosega go dokaza danso.vrboski makkedonhe pilehahe za mohi proeti koj celiot svet nə ohekyvawe za globalnata ekonomia iako née yhen toje koj veryva vo negovi tə sonovi I tie sə ostvaryvat dosega

  • @lars5727
    @lars5727 Před 2 lety

    Total BS lmao

  • @Redcloudadrian
    @Redcloudadrian Před rokem

    Hell no don't quit, you got this big dog 🥷