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Thread: London Open Trading

  1. #1
    Junior Member
    Join Date
    Feb 2010
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    6

    Default London Open Trading

    Hi all,

    I recently bought this (www.londonforexopen.com) as it fits in well with my trading day and the results on the website seem pretty good.

    Has anyone else any experience of this (ie. actual past results etc) and/ or any pointers for trading with it.

    I'm currently paper trading the system and can post my weekly results if anyone is interested.

  2. #2
    Member
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    Dec 2009
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    38

    Default

    Hi Yoshi, can you let me know how your paper trading has gone so far

    F1

  3. #3
    Junior Member
    Join Date
    Jan 2010
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    7

    Default

    Forex1one,

    There is a complete review of this system (and many others) at SYSTEMS FOR TRADERS. Of interest to you and yoshi74 may be our London Forex Open Journal (which we post once a month) and also our Live trading room, which we try and participate in on a Daily basis.

    Hope it helps.

  4. #4
    Junior Member
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    Jan 2010
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    Default Mid May Update

    London Forex Open (London Forex Open - Profitable Forex Trading System) continues to be our most consistent performer to date at SYSTEMS FOR TRADERS - Visit our trading rooms and join us and other traders every morning!

  5. #5
    Banned
    Join Date
    Sep 2010
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    61

    Default

    Some of its demerits are:
    • It may take some more than 10 minutes a day to start with.
    • Limited results, just 3 months at the time of writing.
    • No Money back guarantee or offer.

  6. #6
    Junior Member
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    Feb 2010
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    Default

    Still plugging away with this one (slight adjustment to the profit targest over the last few months and also trading on additional pairs - EURUSD). Seems it has started to come back to form as the breakouts in early morning are getting stronger. Anyone else using this?

  7. #7
    Junior Member
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    Feb 2010
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    6

    Default Trading London Forex Open Breakout

    Interesting to see if anyone is trading this system. It seems little known (obviously!) which is a shame for many as its been making some good pips for the limited window that it trades.

  8. #8
    Junior Member
    Join Date
    Aug 2011
    Location
    USA
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    Default

    Share you purchase with us... That which item have you bought from London Forex Trade...And how good have you found that? How much profit was associated with that? I hope to get acknowledged!!

  9. #9
    Junior Member
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    Feb 2010
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    Default

    Hi Auriniff. I've been doing some testing on this Profitable Forex Breakout Trading Strategy | MetaTrader Indicator | London Forex Open . I'm just back off holiday and have started trading again from the start of September and have decided to go live with this system. Had a cracking month so far with over 700 pips profit booked!

    The crazy thing is the system trades the gbpusd which from my testing so far, while it gives quite good results, doesn't seem to be the best pair to trade. (initially eurusd looks to have performed better over the last couple of years).

    I hope to be running some more tests and trying out different profit targets etc over the next week or so. I can post what I find if you are interested?

  10. #10
    Junior Member
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    Feb 2010
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    Default

    A quick update a to how I've got on with this. Bumper profits in September - able to book over 500 pips profit on the GBPUSD.

    October has started slower, being knocked stopped out of a potential winning position for 3 pips. However was able to book some profits this week to leave me up so far for the month. I am also logging trade performance on the EURUSD in a demo account for this month after doing a slow paperwork exercise of testing back the strategy on this pair for the last three months.

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