London Forex Open Publishes Annual Trading Performance Figures For 2016

Jan. 12, 2016 - PRLog -- London Forex Open, the simple opening range breakout Forex strategy has published its latest 5 year performance figures. The figures provide both a cumulative total and summary breakdown for the GBP/USD pair.  The latest annual figures are also provided for the EUR/USD currency pair.

The published results show indicative levels of performance. This is reported in terms of both total pips achieved and cumulative trade by trade performance. A set level of risk is used to provide an illustration of possible achievable returns on capital.

Based upon established trading principles, the system offers traders three distinct trading approaches which can e traded individually or combined. Each individual variation of the strategy makes use of different trading criteria. This allows for a different set of profit targets and risk tolerances to be catered for.

“We are pleased to report our trading performance for what for many, has proved to be a difficult year. Currency markets have continued to be volatile making it difficult for many strategies to gain traction. Once again we have seen the simple approach to Forex by London Forex Open deliver us positive returns. We look forward to hopefully building on this over the coming year.”

The strategy used by London Forex open is designed to capture price breakouts at the session open. The latest set of indicative results for the strategy are reported on the website - https://www.londonforexopen.com/results/

The specific indicator and trading rules analyse overnight market activity over the Asian market sessions. Activity over this session is recorded and analysed to determine if the potential for a breakout in price is likely to occur the following morning when the London financial markets open.

Trading activity often hits it’s peak when markets first open for the day. The strategy looks for these moves, providing a structured time for trading. This assists in providing a set and forget approach to trading, which also markets the strategy time efficient.

About

London Forex Open is an early morning Forex trading system which is designed to capture breakout moves from the overnight range at the financial open. Established by a group of Forex traders in 2009

London Forex Open is a breakout trading strategy which was designed for time efficient trading. It offers a complete trading solution combing, software, strategy rules and trader support. Established in 2009 it continues to be traded daily by its founders.

Find out more here - https://www.londonforexopen.com/faqs/