L7S Currency Hero
London
Day Break
Curtis Henderson's GBP-cross breakout system. Price the 2-3 AM London open, place an OCO pair of pending orders, let the market pick a side.
Strategy Rules (per Curtis)
Mark the
2 AM
candle high and low (London pre-open).
Place a
BUY-STOP
10 pips above the high.
Place a
SELL-STOP
5 pips below the low.
Stop loss:
30 pips
from entry. Take profit:
25 pips
(or
20
if previous candles were large).
Once one side triggers,
cancel the opposite order
immediately.
Inputs
Account Balance ($)
Risk % per Trade
Industry standard: 1-2% max
Currency Pair
GBP/USD
GBP/CHF
GBP/JPY
GBP/AUD
GBP/CAD
GBP/NZD
EUR/GBP
2 AM High
2 AM Low
Stop Loss (pips)
Take Profit (pips)
Curtis default: 25 (or 20 if large prior candles)
Pending Order Levels
Position Sizing
$ at Risk
$0
$ Target Profit
$0
Lots (standard)
0.00
Mini Lots
0
Micro Lots
0
Units
0
Risk
$0
Reward
$0
0.00 : 1
Reward : Risk
Breakeven Win Rate
0%
Pip Value (per std lot)
$10.00