London Breakout on EUR/USD: trading the session-open range break

London Breakout on EUR/USD: trading the session-open range break

Mục lục

    Simple setup. Mark the Asian range, wait for London to break it clean, then trade. You don't pick a direction ahead of time.

    The core setup

    This works on EUR/USD right at the London open. Before the session starts, mark the high and low of the Asian range. Once London is live, you only take a trade if an M5 candle closes cleanly outside that range.

    How to enter

    Put a Buy Stop about 2 pips above the Asian high, or a Sell Stop about 2 pips below the low. A touch of the edge is not an entry. Wait for the candle to close.

    Trade management

    Stop is usually 10-15 pips, on the far side of the breakout candle or the range. Split the target: TP1 around 1R, TP2 around 2R. When TP1 fills, move the stop to breakeven if your rules allow it.

    When to stand aside

    Skip it when the spread is widening, the Asian range is already too wide, or EUR/USD news lands within 30 minutes. Fast does not mean rushed. You still wait for the trigger.

    Contact: https://t.me/kentfxs

    If you like a defined range and a fixed time window, save this one and test it on demo before you risk a live account.

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