The BEST London Breakout Strategy in Forex Trading | Maximum Profits in 2021

The BEST London Breakout Strategy in Forex Trading | Maximum Profits in 2021

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London Breakout Strategy that produces a winning result just over 60% of the time using a 1.5 Risk Reward Ratio.

This is a 5-minute scalping strategy that is to be used on the #GBPUSD only.

It is to be used during the London Breakout Session, but actually at the start of the European Trading Session (7AM GMT).
The Asian Trading Session Range is marked as (00:00 GMT to 07:00 GMT). This is where volatility is typically the lowest so a strong buildup of market orders enter when the European Session begins.

Enter the trade on the close of the breakout candle and place your Stop Loss just behind the nearest Swing.

Place your take profit target at 1.5 and walk away from your screen. This is a 'set and forget' trading strategy that will often come back to your entry position and take you out for breakeven before running off to hit your original profit targets. Do not move your Stop loss.

I have used this strategy and several self-made variants over the past 3 years and I can confidently say that this forex trading strategy is perfect for beginners in trading who want to become consistently profitable without the stresses of learning support and resistance, market structure, trend lines or any other trading strategy indicators.

Let me know how you get on - I'm looking forward to chatting to you in the comments.

Let me know how you get on with how to trade the London session!

Happy trading guys!

USEFUL TIMESTAMPS
0:00 Trade Forex with Paul & London Breakout Strategy Introduction
01:30 The Rules to the London Breakout Strategy
07:05 London Breakout Session Forex Charts
07:09 How to use the Sessions Indicator
08:45 How to mark the Highs and Lows of the Asian Session
08:57 London Breakout Session - Day 1: WIN!
09:05 Fading the breakout - Don't do this!
10:10 Why this London Breakout Strategy is a set and forget strategy
12:26 Get your link to Tradingview here: [https://uk.tradingview.com/gopro/?sha]
12:39 London Breakout Session - Day 2: WIN!
14:50 London Breakout Session - Day 3: WIN!
17:09 Go and backtest and give me your results in the comments
18:09 London Breakout Session - Day 4: LOSE!
18:52 London Breakout Session - Day 5: WIN!
20:41 Calculating our profits for the successful London Breakout Strategy Results
22:00 A little London Breakout Strategy tip that will improve your win rate
22:12 Other Profitable Trading Strategy Videos that I am creating for you soon

⭐️⭐️⭐️COMPETITION ANNOUNCEMENT⭐️⭐️⭐️
Over the coming weeks, I will be running a competition where one lucky winner will be taught by me, for a week (10 hours over Zoom) on how to trade using one of my strategies to become a consistently profitable trader. Subscribe to my Instagram for more details. [https://www.instagram.com/realpaulmagee/]


VIDEOS TO HELP:
Check out my previous video on How to Trade Breakouts like a pro: https://www.youtube.com/watch?v=gxJYJoqMQfI&t
How to place Support & Resistance Zones: https://youtu.be/I36Kio0eswY
Learn how to use Trading View in the same way I do: https://www.youtube.com/watch?v=ScCjh...

TRADING:
📈 TradingView Platform (Where I mark my charts) - https://uk.tradingview.com/gopro/?sha... (I use the Pro Version)

SOCIAL:
📸 Instagram - https://www.instagram.com/realpaulmagee/
https://www.linkedin.com/in/paul-mage...

⭐️Join the same Forex trading community as me: https://www.guerrillatrading.co.uk?af...

⭐️Book a 45-minute trading strategy call with me for £30 - Contact me through Instagram.

---Disclaimer---
I am not a registered financial adviser and hold no formal qualifications to give financial advice. Everything that is provided in this video is purely for educational purposes only. All information here should be independently verified, researched and confirmed.
Trading foreign currencies can be a challenging and potentially profitable opportunity for investors. However, before deciding to participate in the Forex Market, you should carefully consider your investment objectives, level of experience, and appetite to risk. Most importantly, do not invest money you cannot afford to lose.