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Asian Range Manipulation
Asian Range Manipulation
The asian range acts as an accumulation phase where the major institutions
gather their orders in preparation for the big moves of the day. Massive liquidity
is built up during the asian session as retail traders like to put their stop losses just
above and below the asian session range.
After the asian session (Consolidation) range is finished, price give a sharp move
above or below the range to grab liquidity on one side of the range then reverses
quickly to grab liquidity on the other side.
During a typical uptrending day, price will give a sharp drop to target the liquidity
on the asian lows…. Entering on a point of interest below the asian lows for a long
position becomes a high probability trade setup targeting the asian highs for the
first TP. It is the same with a downtrending market, price likes to grab liquidity
above the asian range highs then drops quickly. Entry should be on the orderblock
just above the range. You can either take a risk entry (when price reaches the POI)
or you can wait for further confirmation (Price should break structure after it hits
your POI then use the refined POI)
This is a pretty simple and direct trading model with real logic behind it…
I use this model for most of my intraday setups,, I don’t force it but when I see it
happen then I take it. I mostly use the 15m timeframe to mark out the asian
range…. AsiaSessionHighLowMidlines indicator by Marek Majer (freely available
on tradingview.com) helps me to automatically see the asian range without me
having to check time to mark it out.
Pro tip; always avoid trading with point of interests (Order blocks) within the
asian session range as they are most likely there to trap you.
Based on my backtesting, this method works best with dollar pairs.
I will drop one or two chart examples and its up to you to backtest this…
Thank you for reading this to the end…
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