Trading the Asian sessions lately,
Here are some charts on the GU, EU the past couple of days, to give you an example of how it is done. The asian session in general is a lower risk type of trading, and it tends to range and bounce off significant highs, and lows. So - Catch the bounce, or catch the breakout!
It can be boring, and trades usually last 20min to an +1 HR.
Technique - Drawing S/R lines (highs, lows) 2 hours prior Tokyo, and the start of tokyo open. Vertical lines @ 00:00 -2:00
If anyone would like to add any ideas, feel free!
http://img188.imageshack.us/img188/2958/june9th.th.jpg
http://img188.imageshack.us/img188/933/june8th.th.jpg
http://img188.imageshack.us/img188/5602/june8eu.th.jpg
http://img188.imageshack.us/img188/7623/june9eu.th.jpg
Here are some charts on the GU, EU the past couple of days, to give you an example of how it is done. The asian session in general is a lower risk type of trading, and it tends to range and bounce off significant highs, and lows. So - Catch the bounce, or catch the breakout!
It can be boring, and trades usually last 20min to an +1 HR.
Technique - Drawing S/R lines (highs, lows) 2 hours prior Tokyo, and the start of tokyo open. Vertical lines @ 00:00 -2:00
If anyone would like to add any ideas, feel free!
http://img188.imageshack.us/img188/2958/june9th.th.jpg
http://img188.imageshack.us/img188/933/june8th.th.jpg
http://img188.imageshack.us/img188/5602/june8eu.th.jpg
http://img188.imageshack.us/img188/7623/june9eu.th.jpg