What Is The London Breakout Strategy & How To Trade It

London Breakout Strategy

The London Breakout strategy is a day trading technique that takes advantage of the trading range before the opening of the London session. As London is in a different time zone, the market opens several hours before NYSE. This provides traders with a unique opportunity to enter into new positions. What is the London Breakout trading strategy? The forex markets are based on three main trading time zones; the Tokyo session, the London session, and the New York session. The first hour of trading has a lot of activity. The trading volumes also increase significantly due to the overlapping of …READ MORE