6# London Breakout Trading System

The red lines form a box. The 89 ema is blue.

At 06:00 GMT Look at your chart. There are

three possible outcomes

No Trade

If the 89 ema crosses the box DO NOT TRADE. Simply wait for the

next day. See example Below

 In this example the Lower red line of the box is at 1.6081.

 We placed our pending sell order 5 pips below it at 1.6076.

 Our stop loss was placed 15 pips above our pending sell order

at 1.6091.

 Our take profit was placed 75 pips below our pending sell order

at 1.6001.

 When the trade moved 20 pips in our favor we moved the stop

loss to our entry at 1.6076.

 In this example the upper red line is at 1.6086.

 We placed our pending buy order 5 pips above it at 1.6091.

 Our stop loss was placed 15 pips below our pending buy order

at 1.6071.

 Our take profit was placed 75 pips above our pending buy order

at 1.6166.

 When the trade moved 20 pips in our favor we moved the stop

loss to our entry at 1.6091.