Last Updated on March 25, 2025 by Arif Chowdhury
Ever found yourself staring at your trading screen, wondering why your strategies aren’t working as expected?
Or maybe you’ve felt that nagging frustration when the market moves without you.
Let’s dive into a game-changing strategy that can turn those frustrations into profits: the Asian Session False Breakout Strategy for quick scalps.
Understanding the Asian Session
The Asian session runs from about 11 PM to 8 AM GMT.
This is when major financial centers in Tokyo, Sydney, and Hong Kong come alive.
Here’s why this session is crucial:
- Lower Volatility: The Asian session generally has lower volatility compared to European and U.S. sessions.
- Consolidation Phase: Many currency pairs often consolidate during this time, creating opportunities for false breakouts.
What’s a False Breakout?
A false breakout occurs when the price moves beyond a support or resistance level but quickly reverses.
This unpredictability is where you can capitalize.
Imagine the market pushes up, breaks a resistance level, and just when everyone thinks it’s a go, it crashes back down.
This is your golden opportunity to enter a trade.
Key Steps to Identify False Breakouts
- Identify Support and Resistance Levels
- Use recent highs and lows to mark these levels on your chart.
- Look for at least two touches on either side to confirm strength.
- Wait for the Breakout
- The price should convincingly break the level.
- Look for a candle that closes beyond this level.
- Confirm with Volume
- Volume should ideally increase with the breakout.
- If it doesn’t, stay alert; it might just be a trap.
- Watch for Reversal Signals
- Candlestick patterns like pin bars or engulfing patterns can indicate a reversal.
- This is your cue to enter a trade in the opposite direction.
- Set Your Targets and Stop-Loss
- Aim for quick profits, usually between 10-20 pips.
- Set a stop-loss just above or below the breakout point to minimize risk.
Why Quick Scalps Work
Quick scalps in the Asian session can yield significant returns.
Statistically, many traders report that 90% of price action in this session occurs within a 50-pip range.
This means there’s plenty of room for small, quick wins.
Enhancing Your Strategy with Trading Bots
As a seasoned Forex trader since 2015, I can’t stress enough the value of automation in trading.
I’ve developed 16 sophisticated trading bots that are strategically diversified across major currency pairs like EUR/USD, GBP/USD, USD/CHF, and USD/JPY.
Each bot is designed to trade using H4 charts, focusing on long-term gains of 200-350 pips.
This multi-layered diversification minimizes correlated losses, creating a robust and resilient trading portfolio.
And here’s the kicker: I’m offering this EA portfolio completely FREE!
You can access it by simply joining through my affiliate link and making a minimum deposit.
Benefits of Using Trading Bots
- Consistency: Bots can execute trades without emotional interference.
- Backtested Performance: My bots have been backtested for over 20 years, performing excellently even in harsh market conditions.
- Ease of Use: Once set up, they run 24/7. You can focus on your other trading strategies while they work for you.
Putting It All Together
To successfully trade the Asian Session using the false breakout strategy, remember these points:
- Identify strong support and resistance levels.
- Wait for a convincing breakout.
- Confirm with volume and watch for reversal signals.
- Set tight targets and stop-losses for quick scalps.
And while you’re mastering this strategy, consider leveraging my trading bots for added support.
These bots are designed to enhance your trading journey and maximize your profitability.
Choosing the Right Brokers
Now, let’s talk about brokers.
Finding a reliable broker is crucial for executing your trades efficiently.
I’ve tested several, and I highly recommend checking out the best forex brokers I’ve vetted.
They offer excellent support and trading conditions that can significantly enhance your trading experience.
Conclusion
Trading the Asian session with the false breakout strategy can be a game-changer.
With the right approach, you can capitalize on quick scalps and maximize your profits.
Don’t forget to explore the 16 trading EAs I offer for free, and check out the best forex brokers to boost your trading performance.
Your journey to consistent profitability starts now!