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28.01.2015 admin
The 20 pips Asian session breakout forex trading strategy allows you to trade breakout trades upon the the opening of the London trading session.
This forex system is similar to the london breakout forex trading strategy  but the only difference here is you are aiming for only 20pips profit for every single trade you place.
The forex market during the asian trading session is usually thin and does not much volume and volatility. But as soon as the London and European forex market opens, the volatility and the volume increases and this causes price to breakout of the Asian session market consolidation. At least 1hr before the London market opens, you need to identify the highest high and lowest low of the Asian trading session.

Join Date Aug 2010 Posts 454 Originally Posted by Hicksy Thanks for this James. I've been off ill for the past few weeks, so haven't been able to do any of the usual ST work. I am loving your posts and have tested all the strategies and all of them seem to be giving excellent results. The reason I use the hourly is becuase of the 'lookback periods.' I had set a default value of 4 - so when london opens - the strategy is essentially looking for the high low of the last 4 hours.
There may be another concurrent issue - because if the strategy was boxing the last 20 minutes, that should have meant more trades, not fewer.

I'll use a screenshot of my normal TSII platform with an indicator I have for visualisation.
If the Asian session was in a good trend and not in a consolidation during the day, then if you tried to find the range, it would be too high…which means your stop loss would have to be very large to cater for that wide range! It seems that most strategies would be a lot more profitable in back testing if we could choose the intraday times to run them on(i.e.

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