LeoPrime Daily Market Analysis

We are a forex and commodities intermediary that accommodates
wide-ranging trading services to create the most user-friendly trading environment..

The London Breakout Strategy 18.08.2022

 

London Breakout Strategy is a day trading strategy that seeks to take an opportunity of the Asian Trading range to the London Opening Session. In this strategy the Market High and the Market Low of the Asian Session (00.00 GMT – 00.07 GMT) is taken as a range and the Breakout of the London Market open is traded on a Daily basis by taking a potential risk management.

 

London Breakout Strategy Execution:

 

Asian Session (00.00 – 07.00 GMT) Range: 66.6 PIPs

Buy Stop: 1.19946 (Asian Session High) +5 PIPs

Sell Stop: 1.20612 (Asian Session Low) +5 PIPs

Stop Loss: 66.6(Asian Range) +5 PIPs

Take Profit: 30-40 PIPs after the London Market is open.

 

Company Info

We are a forex and commodities intermediary that accommodates wide-ranging trading services to create the most user-friendly trading environment for both retail and institutional clientele. With years of gathered expertise as experience, we are not just invested in keeping up with the latest but also in generating custom solutions that are executable swiftly. Discover and flourish in our business model that has evolved to meet the skills of ace and naïve of a tyro with equal proficiency. If you’re looking to make the choice, then wait no further.