On a 15 minute chart, draw a box between 6:45 CET (GMT+1) and 13:45 (GMT+1) and during following session between 13:45 and 18:45 enter long/short if candle close above/below the box.
Enter long (buy)
- when candle close over London session box
Enter short (sell)
- when candle close below London session box
- 30 pips. If stop loss is hit take reverse trade with 20 pips target and pips SL.
- 20 pips. Otherwise exit at close of US session.
- Best used on GBP/USD and EUR/CAD. This strategy is easy to backtest.
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