Advanced system #4-a (London GBPJPY breakout)

Submitted by Stuart Williamson

This strategy is based on the London Market.

Currency Pair: GBPJPY
Timeframe: 1 hour

Strategy:
Before London opens, at 08:00 GMT, mark the High and Low of the last 4 hours - from 04:00 until 07:59 GMT. Set your Buy and Sell orders 10 pips away from those highs and lows.