London Forex Open Trading System Review

A system that claims to require 10 minutes a day trading just GBP/USD comes with a very well written 27 page manual and MT4 template (indicators and templates provided). The system is 100% mechanical, Entries, Stops and Exits are all clearly displayed (by the indicator). Set up is easy and we found, after a week or so with the clever use of IG Index orders, 10 minutes a day around 08:00 UK Local time is about all that's needed. Performance was sound through Q4 2009 and we added this system to our "Systems We Use" list, replacing London Rush. We are also maintaining a journal for this system on our website, although all trades are actually reported on their own website too, we use our journal as a check-point against what is being reported. So far we are in sync.

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