Scribd
Upload
2K views7 pages

Asian Session

The document discusses strategies for trading forex based on analyzing Asian and London market sessions. Key points include: - Support and resistance levels formed during Asian hours can be broken when London opens. - Indicators can show Asian session highs and lows to identify levels to wait for breaks of before entering trades. - Looking for zones or areas of supply and demand to be formed when London opens and breaks Asian levels, with confirmation from high volume, to take buys or sells.

Uploaded by

Kamil
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
2K views7 pages

Asian Session

The document discusses strategies for trading forex based on analyzing Asian and London market sessions. Key points include: - Support and resistance levels formed during Asian hours can be broken when London opens. - Indicators can show Asian session highs and lows to identify levels to wait for breaks of before entering trades. - Looking for zones or areas of supply and demand to be formed when London opens and breaks Asian levels, with confirmation from high volume, to take buys or sells.

Uploaded by

Kamil
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
You are on page 1/ 7

ASIAN SESSION

One of the interesting features of the foreign exchange market is that it is open 24 hours
a day. Around-the-clock trading allows investors from across the globe to trade during
normal business hours, after work, or even in the middle of the night. However, not all
times of the day are created equal when it comes to trading forex.

During Asia, certain levels (support and resistance) will be created, which will
subsequently be broken when London opens. It suits me to do trades in london because
it's morning at my place.
When trading after the Asian season, I use an indicator that is only used to see
on the chart when the Asian season started and ended and where it has its highs and
lows.
Indicator name:
When london opens i'm still waiting for the bottom or top of asia to be broken.

The next step is that the price must come back to Asia, but it must break
through significant levels (support / resistance)
When supports/resistances are broken and a zone (supply / demand) has been
created at the opening of London, then it is the right time to set a buy or sell limit for
the zone

We set the stoploss just below the zone and take profit at Asian highs
WARNING! support and resistance in Asia must be clean and strong!
Too much resistances, invalid for me. Wait for better opportunity.
Volume indicator
the volume indicator can also be a good helper. It shows how much volume is in that
candle. In short, when I explain it, when breaking through the Asian session, at the same
time when creating a new supply zone after the opening of London, there is a high
volume, it means that a lot of sell orders were entered at that moment. This confirms
our zone and subsequent trade.

As we can see in the picture, the volume when creating the fresh zone is very high,
which is better for us. The higher the volume in a given zone, the greater the chance of
subsequent movement from this zone.
Remember! Forex is not about getting rich in one day. It is a journey on a long
route. You don't have to trade every day when you don't see an opportunity. Wait for
the right opportunity and trade only when you are sure that the trade looks according to
your analysis.

If you have any questions about the lesson or if you don't understand something, write
to me on instagram @crownyfxtrading or on discord. (My free telegram channel
https://t.me/crownyfxtrading)

BEST SMC PATTERNS FOR ME


Each of us tries to find some "pattern", arrangement of candles or structure of candles
that will be profitable and will repeat only this method. In 5 years of trading I have
found a few patterns that suit (me). In this step I will show you how the patterns look +
charts on tradingview + tips and tricks.
for now i'm only sharing how to trade asia for free!

You might also like