This strategy is based on my Article London Fix strategy
Short summary of my strategy:
1)Currency pair: GBPUSD.
2)Time Frame: 1h
3)Trading Rules:
a)We buy and fade any sell off that is happening right in to the
4:00PM London Fix. If we have a red candle we buy.
b)We sell and fade any rally that is happening right in to the 4:00PM
London Fix. If we have a green candle we sell.
c)Target= 16 pips. Since beginning of the year the average pips
volatility at 4:00PM was around 16.6 pips.
d)Stop Loss =25 pips. For more details please check out my article
London Fix Strategy Meets Visual JForex:
http://www.dukascopy.com/fxcomm/fx-article-contest/?London-Fix-Strateg
y-Meets-Visual&action=read&id=2056