STRATEGY NAME – The London Breakout – Ice Cream Sandwich Strategy
FOR USE ON – NADEX & FOREX
FILE PACK TO DOWNLOAD – CLICK HERE TO ACCESS
EXPERT ADVISOR FOR THIS STRATEGY? – YES – CLICK HERE TO ACCESS
password is: slicktrade
- Look at the high and low of the 4amEST hourly candle
- Place 2 pending orders on the GBPUSD at 5am – 10 pips above and below the high and low of the candle.
- Once one of the pending orders is hit, cancel the other
For Nadex Only Users:
If you only trade Nadex, you can also use this strategy if you are awake during this time. Once price breaks the 10 pip high or low of the candle, grab an OTM for 11am on the Nadex platform.
Price breaks 10 pips above the high of the 4am candle, enter a buy position OTM for 11am
Price breaks 10 pips below the low of the 4am canlde, enter a sell position OTM for 11am