The London Forex Rush system is based on a powerful trading system that comes from the world of the stock markets. Intra-day stock traders have been exploiting the Open Range Breakout strategy for ages. And they continue to do so. That’s because this strategy is easy to understand, simple to execute, and above all, profitable
The Open Range Breakout intra-day stock trading strategy works like this: once the Wall Street opening bell rings at 9:30 am EST, breakout traders chart the first 20 or 30 minutes of action for certain, particularly volatile stocks. This opening timeframe is usually filled with wild swings as emotions run high in the early trading. Breakout traders mark the high and low point of that early period of volatility, and then watch closely to see which way the stock trends from there. Once the stock “breaks out” of that range, either to the upside or to the downside, the trader can confidently gauge the general direction the stock is likely to take for the rest of that trading session.Forex Funnel
Forex Assassin system is out in the market. It has generated curiosity in the currency trading market.
However, is it a system that you should buy?
Let me help you with that decision.
Whenever you are looking for a system to trade, it should have 3 important components :
1. It should be easy to understand. If you don't understand, you cannot apply the strategy when placing trade.
2. It should be reliable or at least it should mention the conditions when the system will work better. For e.g. If a system is applicable only on 15 min chart, then it should give consistent results.
3. It should always mention the pre-requisites. The prerequisite can be that it requires knowledge of EMA indicators or it can be used only by seasoned-pros etc.
When you look at Forex Assassin System on these 3 criteria, it becomes very evident that the creator of the system tried to make it very easy. In fact its so easy that it doesn't requires any experience as the system comes with a formula in which you just have to enter the price of the currency pair and the formula will tell you if the buy and sell points for the trade and when you should close
This specific system is dedicated to work with USD/JPY (US Dollars and Japanese Yen, incase you didn't guess that) pair.
So what does this mean? Well look at it this way; if someone builds a Forex trading system to work with all the popular pairs it could perform pretty decent right?
Now think about an elite trader designing a system to perfect and work with one specific pair; it's madness.
You can see the results of this system where the average profit was $100,000+ per year consistently over a 4 year time-frame.