1 Minute Daily Forex Trading Strategy For GBPUSD, USDJPY & GBPJPY By Tim Trush And Julie Lavrin!

Online, September 17, 2011 (Newswire.com) - This 1 Minute Forex Trading Strategy has been developed by Tim Trush and Julie Lavrin. Both of them are professional traders who have a number successful forex strategies to their name. This 1 Minute Forex Trading Strategy trades the GBPUSD, GBPJPY and the USDJPY currency pairs daily with two pending orders.

New traders look for the holy grail in trading. What they want is a fool proof system that will always win. In trading, there is no fool proof system. No matter how good the system or the strategy, it will make winning trades as well as losing trades. What is more important is the long term performance of the system. If the system has been profitable in the long run, then you can also trade using it. Since the laws of statistical averages always hold in the long run, what this means is that you will also be profitable with that system if you follow its rules with discipline.

1 Minute Forex Trading Strategy is a simple strategy that can be easily mastered. Winning systems are always made of simple observations. This strategy is based on the observation that these three pairs GBPUSD, GBPJPY and USDJPY start trading in a range during the Asian Market Session. When the London Market open, these pairs suddenly become active due to the high trading volume and make a breakout either on the upside or the downside.

So, you will need only a few minutes around the London Market open to place the pending orders for these three currency pairs and then let the trade take it's own course. Either the stop loss will be hit or the profit target set by you. Tim Trush and Julie Lavrin show where you will place the pending orders plus the stop loss and the take profit for this 1 Minute Forex Trading Strategy.