Asian Session Fear
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thread: Asian Session Fear

  1. #1
    Junior Member ArisInMusicland's Avatar
    19

    Asian Session Fear

    Hi

    I keep reading that you shouldn't trade during the Asian session (8pm et-2am et?) .

    So. . .does anyone trade in this time?

    When is it the best time to trade, according to YOUR experience and not what websites or books indicate.

    I want to know when is it that you are actively trading with good outcomes.

    I hear stories of the best traders waking at 2am et to ch the best movements....any fact in that?

    Thanks, as always...

    Future

  2. #2
    Junior Member Oxrido's Avatar
    6
    Simplest time to exchange. I just trade the asian session. If you have a good system and are happy with 10-20 pips per night then its the safest time to exchange. I ever dropped was 10 pips during this session.

  3. #3
    Hello ProdiG,

    What system do you use to snag your 10-20 pips at the asian session?

    Due


    easiest time to trade. I trade the asian session. If you have a fantastic system and are satisfied with 10-20 pips a night then its the safest time to trade. Most I ever dropped was 10 pips in this session.

  4. #4
    Junior Member Oxrido's Avatar
    6
    I am a manual trader so I only see what I like. That and a few moving average alignments and candle patterns. Bear in mind the Japanese invented the candlesticks so people are extremely helpful. It typically takes a little while for you to receive the pips. But if u are prepared to wait 30mins-1 hour to receive your pips you need to be OK. I live in new york and refuse to exchange the US session. Way too volatile for me.

  5. #5
    I'm a manual trader so I only see what I enjoy. That and a couple of moving average alignments and candle patterns. Remember the Japanese invented the candlesticks so people are very helpful. It usually takes a time for you to get the pips. But if u are willing to wait 30mins-1 hour to get your pips you need to be OK. I live in new york and refuse to exchange the US session. Way too volatile for me.
    But the volatility is what makes it interesting! As for me, I really don't initiate new places from the Asian session, I wait until roughly 15min until London open to place my entries even if I've been following the commerce formation throughout the Asian session. Asian session goes too slowly for me, but this isn't necessarily a bad thing as it provides a bit of cooling time for your market and thanks to this time slot that I expect to go out as well as a college student in my evenings rather than having to adhere to a screen as would be true if I lived in, well, the Asian session areas like Tokyo or Sydney.

  6. #6
    Junior Member Oxrido's Avatar
    6
    However, the volatility is what makes it interesting! Personally, I really don't initiate new places in the Asian session, I wait until roughly 15min before London open to put my entries even if I've been following the trade formation during the Asian session. Asian semester moves too slowly for me, however this isn't always a bad thing since it provides a little cooling off time for the market and as a result of this time slot that I have to go out and be a college student in my evenings instead of having to stick to a screen as could be the case if I lived in, well, the Asian semester places like Tokyo or Sydney.
    Volatility is not too enjoyable when you trade bigger blocks. Sucks big time when your down $500 within minutes. I also go to college and yea trading early in the day stinks but it beats with a job. If I go outside and overlook the asian session only trade the european session.

  7. #7
    It depends exactly what you trade when actually, the asian session isn't any less choppy than every other, the range nevertheless is smaller on many european pairs such as euro, swissy and cable. If you want to trade the asian session, look at the oceanic and asian place pairs, for example Yen pairs, NZD and AUD crosses, you will find a much better range there. A lot of FX brokers are now supplying index's too, so that is another option to trade during these times.

    In terms of more hazardous? . . I believe so at all, if anything, with the smaller ranges, it's safer for the newer trader.

  8. #8
    I love gbp/euro pair for trading due to its volatility. I found london/US open are great for trading time. I am an intraday trader and just searching for 10-20 pips motion. If God is so great to me, He will provide me 30-40 pips during this time:--RRB- I didnt trade asian time since the price movement is so slow and need to await hours to find profit. I am kind of man who cant wait for Immediate profit/loss

  9. #9
    Junior Member tsukiko2k5's Avatar
    14
    It depends upon what you trade when really, the asian session is no less choppy than every other, the range nevertheless is smaller on many european pairs such as euro, swissy and cable. If you would like to trade the asian session, examine the oceanic and asian area pairs, such as Yen pairs, NZD and AUD crosses, you will find a much better range there. A lot of FX brokers are now offering index's too, so that is just another option to trade during those times.

    In terms of more hazardous? . . I believe so at all, if anything, with all the smaller ranges, it's safer for the newer trader.
    Great information as normal Akuma99. I have been live trading and I find I simply crash at 2 am in Sydney. So my choices are to awaken again, or simply set a stop loss or take a look at the asian sessions.

    Do you use your BB squeeze techniques if you trade these?

  10. #10
    Hey minuteI understand all about crashing about 2am... the squeeze method I published here is part of my general trading plan , no matter the market or tool, I make an effor to ensure I can utilize my methods across the board.

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