If you're looking for a good Forex breakout system, it's very likely that you'd have come across the London forex Rush System. The London Forex Rush System has a very impressive looking website and is built on a very sound premium. Is it worth investing your hard earned money into? The answers may surprise you.
I came across the London Forex Rush website based on an email recommendation. I was looking for a new Forex breakout system to add to my portfolio at the time. I liked the website, the videos and the simplicity of the idea. I decided to give it a try because it was priced quite reasonably. Unfortunately, I'd bad experience after bad experience with the London Forex Rush System. By the end of this London Forex Rush review, you'll know what they're.
The London Forex Rush System signals a trade if an existing trend during the Asian session goes into a consolidation range during the Asian lunch hours. The idea is that when the huge jump in momentum comes in with the European traders, the price will break out of the range after the London Open. This Forex breakout system is very limited in that it only works with the GBP pairs. That said it's very effective compared to most of the scalping systems out there.
The London Forex Rush System is solid with this trading strategy. Very poor in its execution. For example, the trend indicator is very unreliable as it often misses an obvious trend until it's too late. Clearly, the…