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[LOS] London Open Strategy

  • #21
  • Sep 13, 2024 4:43am Sep 13, 2024 4:43am
Quoting 3amnewyork
set up {image}
long side hit
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  • #22
  • Sep 13, 2024 7:12am Sep 13, 2024 7:12am
Quoting 3amnewyork
{quote} long side hit {image}
long trade closed lost
sell hit open trade
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  • #23
  • Sep 13, 2024 8:21am Sep 13, 2024 8:21am
short closed lost
  • #24
  • Sep 13, 2024 8:43am Sep 13, 2024 8:43am
Take no action
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  • #25
  • Sep 14, 2024 6:17am Sep 14, 2024 6:17am
Quoting 3amnewyork
{quote} TEST 1 {image}
@amnewyork

Good to see you follow this thread which started in Mar 2016.

Based on the OP post #1, you need to trade only once per day when the London session open.
Back-testing with 2016 price data, it is profitable when we stick to a minimum Risk : Reward 1 to 2, the Win Rate is about 40%.

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...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #26
  • Last Post: Sep 16, 2024 11:45pm Sep 16, 2024 11:45pm
Quoting emmanuel7788
{quote} @amnewyork Good to see you follow this thread which started in Mar 2016. Based on the OP post #1, you need to trade only once per day when the London session open. Back-testing with 2016 price data, it is profitable when we stick to a minimum Risk : Reward 1 to 2, the Win Rate is about 40%. {image} ...
thanks, do you mind to back test trading all trading days with this rules:
Buy above first 1HOUR BAR London open bar exit 20 pips sl 20 pips tp?
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