Understand Asia Session & Conquer London Setups
Asia is the setup session. Price often builds a tight box, prints equal highs and lows, and leaves obvious resting liquidity. London loves to raid that liquidity because its easy fuel. But before we go to the concept of how to trade it's also good to know why it is created. We already know that FX markets are controlled by CLS Market maker. Do we know it 100% ? No, but they trade almost 7 Trillion daily volume which is almost entire daily FX volume. This company is aggregator the many other bigger ones, they are collecting the orders during the the Asia and processes continuous settlement, during the next day the liquidity is found on the markets. (Im not promoting or something like that, this is institutional player which 99.9% of use here will not have access) Thats where they destroy most less informed traders, not purposely but their work is so effective that small % of traders succeed in this game.
Simplicity of the concept
You don't trade in the Asia session, Let Asia build the trap , Let price raid one side. Wait for proof its done raiding Enter on the retrace, not in the raid and trade contininuation during the London. In the scalping version . You can trader just one side of Asia range to the other side. This requires precisions on lower timeframes. Im planning to explain this later in the next post. For now let's do continuation setups during the London Session.
Asian Session
Low volatility & accumulation phase the market usually consolidates inside a tight range after the previous New York close. If the Asia session is trending, London will be continuation setup.
London Session
The highest-probability setups often occur during this session.
If Asia was tight range, London usually manipulates the Asian range swe