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Trying Another Asian Session Break Trade

Written by Hugh, on March 25th, 2008

We’ll see how this one goes. I have been trading this “box” strategy for the past couple weeks with a good success rate, so tonight looks like a good time to give this a shot in the live account.

Asian Session High: 0063
Asian Session Low: 0019
Range: 44 pips

<stop> L(2) GBP/USD @ 0064
Stop @ 0018
Target 1 @ 0084
TS 1 @ 50 pips

<stop> S(2) GBP/USD @ 0018
Stop @ 0064
Target 1 @ 9998
TS 1 @ 50 pips

As you can see, I have a feeling that we are looking at a downward move tonight, but I’ll let the market take me in/out of the trade. We’ll see how this goes…

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Trying Another Asian Session Break Trade

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