London open Asian range strategyIntermediate
Using the Asian range as liquidity for the London session.
The idea
Overnight, the Asian session often builds a tight range. When London opens, price frequently runs one side of that range. Breakout traders trade the run; ICT traders wait for the run to fail and trade back the other way.
The rules (reversal version)
- Mark the Asian session high and low.
- Between 07:00 and 10:00 London time, wait for a sweep of one side.
- Wait for a fair value gap back the other way.
- Enter on the gap, stop beyond the sweep, target liquidity on the other side.
Variations traders use
The breakout version enters in the direction of the break with a stop inside the range. Some filter by range size: very wide Asian ranges are skipped.
What testing shows
Results depend heavily on the pair. Test both the reversal and the breakout version on the same market and period; they often behave like mirror images.
What it looks like on a real chart
Picked automatically from the backtest on real data: the latest winner and the latest loser. The numbered circles are the steps of the rules, in order. Losers are part of every strategy.
How WickCheck tests it
Between 07:00 and 10:00 London time, wait for a sweep of the Asia high or low, then wait for a fair value gap. Enter on the FVG. Stop above the sweep. Target liquidity, at least 2R.
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Full results on 5 markets: London open Asian range strategy.
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Popular strategies explained
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