Unheard Asian Trading Strategy

              Hi,
this is Robert aka trezx  (my
contest page can be found javascript:nicTemp();).
If you take a look at my trades starting with November, you’ll see that I
rarely loose.  Why is that? Because
I don’t do what other traders do; I sell when everybody buys, and I buy when
everybody sells. Pretty dangerous if you don’t know what you’re doing.

















            I
don’t brag like other people do, saying that they were winners I don’t know
when and you should listen to what they have to say; you mostly win here
because of scalping.



I
hate scalping, I hate staying in front of the computer 24h with a caffeine IV
in my veins.



            This
setup occurs about 2-3 times a week on a pair so it will be a modest income.

















             Let’s get crackin’ with the first slide: 



















(the
green background represents the Asian market open, purple is London and blue
New York)



             There
seems to be a pattern here, repeating time after time.



The
pattern is this:  If late New
York  takes the market short and
Asia opens at resistance (on the 1H) then look for 15m short. The entry should
be taken between 7 and 9 Tokyo time.

             For the people that don't know the time zones, 8 AM Tokyo time is 6 PM New York Time, or just as easily you can check it in real time at javascript:nicTemp();

             Here’s
the next slide with the resistance level:
















             The
Asian market started exactly at the 61.8% fib retracement; we only take trades
if they are in complete agreement with the rules. If even the tiniest thing
looks out of place, don’t take the trade; there’s other pairs to look at.

             What do you think happens when the asian traders come in their offices and see the above chart? "Hei, yesterday i sold at this price, I got my profit, and now the session starts at the same price near resistance? cool man, I'll short it again."



       A
huge part of the Forex market is just common sense; there’s no need to
overcomplicate things.



           If
you need the indicator that draws the open market hours, just drop a message
and I’ll send it to you.



       This
concludes this week’s article, and remember, at the end of the day you can teach anybody anything; it’s gonna need
screen time.
Screen time is going to give that discretionary look at the
market.



            Next
week,  we’ll have a London trading
strategy so stay tuned.























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