EUR/USD Strategy for April 23 Asia Session

[sarath]

Hello

This is my trading plan for the upcoming Asian session for EUR/USD

Plan A:

Buy: Above 1.3160 (which is ST21 Hi and SM Hi)
SL 40 pips
TP1 1.3186
TP2 1.3205 (just below the Key No)
TP3 initial limit 1.3265 (around Bias No) though would monitor if possible to revise

Plan B

Sell: 1.3120 (just below key No)
SL 1.3150
TP1 1.3095 (around Pivot)
TP2 1.3065 (around Bias)
TP3 1.3000

Any other plans, please share. I would update as the session progresses

***Update** Plan B worked out first got stopped out with loss.

Plan A later executed and worked as mentioned and :-) pips.***

sarath

E,P,C

[Joel A]

Sarath,

This might be a dumb question, but when exactly does the Asia session start? Thanks

[sarath]

5pm New York time Sunday afternoon the Asian session opens

the European trading session starts at about 3am EST

the American session at 8am EST time and the circle continues from Sunday through Friday.

As the saying goes, the forex never sleeps!

[Ricky Tse]

Congrats, Sarath! All your profit targets for plan A has been hit as I have just reviewed the chart and your suggestion! Nice job. :)