London Forex Rush System Review
When I was first introduced to the London Forex Rush system, I was immediately skeptical. A colleague from the UK informed me during a phone conversation about a new Forex system called the London Forex Rush system. He claimed that it was an intra-day trade system that multiplied is profits by about 300% in the Forex market. Being an experienced Forex trader myself, I wanted to examine his claims for myself, so first I took a look at the London Forex Rush System website.
Foreign exchange trading is built on variations in basis points, where the basis point is one tenth of a cent (or one tenth of the smallest unit of currency being traded). For example, if Euros are $1.60 each, every $32 you put into Euros will net 20 of them. If Euros rise to $1.80 each, your 20 Euros will be worth $36.00.
This happens because at this time every day, the London institutional traders will sit at their desks to start entering their huge orders, causing the trade volume to spike and price to swing wildly up and down.
"With that said, I certainly like using this system because it works. The price does breakout after volume and momentum is increased when the London market opens. And when it does, the price can swing pretty wildly, hitting take profit levels very quickly."
The indicator informs me when I need to buy or sell, how many lots to trade and where to place my stop loss and take profit levels. In short, I have been able to profit from many huge price movements even though I'm not able to manually find these setups!
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