I confirm. Many times I have taken tickets to Asia that were shot in London. You go ahead to the movement without the stress of breakout fake.
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I confirm. Many times I have taken tickets to Asia that were shot in London. You go ahead to the movement without the stress of breakout fake.
Some simply don�t want to learn to read the Asian session because they don�t have patience. They find it useless because they never studied it thoroughly. Like everything in trading: it�s not the session, it�s the focus.
You also have to be realistic: most retailers have another job or sleep at that time. Not everyone can rearrange their lives to be in front of the chart at 3 a.m.
It's not that it ignores itself, it's that for many it's not viable, but that doesn't mean it doesn't have value. The important thing is to know how to adapt and choose the schedules well according to your style.
I'm going to continue operating Asia while you guys make fun of it. Less competition, more pips for me. Not everything in trading is rock and roll... sometimes the lo-fi also works.
The Asian session has been underestimated for years by the majority of retail traders, and that, in my opinion, is more a matter of perception than of concrete data. It is true that movements may seem slower or less volatile compared to London or New York, but that same feature can be an advantage for those looking to operate with low stress, lower drains and more emotional control. In less agitated markets, technical structures tend to be respected with greater fidelity. That, for a disciplined trader, is gold. Moreover, many ignore that the Asian session marks the initial pace of the day. It is when you set the ranges that will then be tested or broken during European or American sessions. Knowing to interpret what happens in Asia allows you to anticipate with better levels to the impulses that come after. There are many of my best trades created during the Asian calm and exploited during London, simply because I knew to see the accumulation of orders, the previous manipulation or the subtle traps in that segment of the market. Another important point is the type of assets that are chosen. But there can expect action in pairs like GBP/CAD to 2 years.
Thank you, I needed this perspective to stop underestimating the Asian session.
Don't you think that with so little volume the movements can be easily manipulated?
Excellent analysis, it opened my mind about how to use Asia as a preparation.
Thank you for sharing real experience, not book theory.