During this time there is typically low volatility in the market which means it can be an ideal time to exploit potential price ranges. The Asia session is normally defined between the hours of 5pm to 3am Eastern Time which include Sydney and Tokyo trading hours.
In this article we will discuss how to identify the Asia session on your chart, how to use the Relative Strength Index (RSI) to pick entries and how to pair the two ideas together to produce higher probability signals. In this study we discovered that most of our Forex traders were more successful when trading during the Asian trading session. A simple tool to trade this type of market is the Relative Strength Index (RSI), but first we will learn how to easily identify the Asia trading session.Ī popular topic of discussion on is our study on the Traits of Successful Forex Traders. What makes this application different is its relentless focus on actionable details - especially in the interactive case studies of the Trend Predictor, which is the favorite section of our users.Article Summary: We found that a key trait of our successful Forex traders is trading during the Asia trading session, which is more of a range bound market.
Unlock the best and the worst times for trading so you can get the biggest bang for your buck! ◆ FIND OUT THE BEST AND WORST TIMES TO TRADE - FOREX MARKET GOLDEN HOURS
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