I do not know how long you have been trading currencies in the forex market for, but I wanted to know something. Do you trade the London Market? from 800GMT to 1600GMT, the London bourse opens up and starts trading everything, from bonds, to stocks and even currency crosses.
Today, we are going to talk about trading in the London Market. If you trade in the London Market, you might have noticed a thing or two about the London market.
First of all, in a period of when the trading day starts, Bankers from all of England place positions in the forex market worth Billions of Pounds. That is right, they place Billions of Pounds in currency positions usually shifting the market anywhere their direction in the range from 50-100 pips in the process.
Now also consider the fact that they study the pre-market conditions from the closing Asian Markets of Sydney, Tokyo, and Hong Kong. They study the news and technical analysis to they are blue in the face, and decide to make a resounding position, which greatly affects the currency market, well stating their position on the charts.
Now, you are wondering if you could at any way, shape of form benefit from this movement in the market. Well yes you can, if you happened to know the traders, and found out what they were about to do. Now if that was possible, you would have committed insider trading, which is flat out illegal and very unethical.
But, what if you could have a technical analysis system, which could simulate that trader's mannerisms and know how to place these trades that could make those pips come to life. Maybe even slim your trading day to just 2 hours a day? It could very well be a possibility.
Enter the London Rush Forex System. Created by Al Russell, an expert trader who has cracked the code of intraday trading and has developed it, into a simple plugin for Metatrader 4. The London Forex Rush signals tell you exactly when you need to trade, and how to trade in the London Intraday Market.