Figure 1: EUR/USD volatility
The Asian trading session is characterised by small movements, low volatility, and more binded to previously established support and resistance levels with smaller probabilities of breakouts. Due to this reason my strategy opens countertrend positions in Asian trading session. Trend in question is short-term, defined by a few hourly candles.
Figure 2: Positions opened during low volatility sessions
The European and the North American session experiences some of the largest moves in the market. The volatility hits its peak in New York City where fundamental factors drive the maj…