EUR/JPY Asian Session Daily
Here is a strategy that I have been testing for quite some time now. It is extremely easy, similar to my “Afternoon Delight” GBP/USD Daily strategy.
There are 2 simple rules and no indicators
So, let’s get started!
There are 2 main rules to this strategy
- Watch your chart on 15 minute timeframe for the EUR/JPY between 6pm – 8pm EST
- Draw in Support & Resistance lines at the bodies of the candles
When the Support or Resistance lines are broken through, enter an 11pmEST expiry on the Nadex platform
NEVER trade this strategy during news
In the example above, you would have entered an 11pmEST Buy after the 15 minute candle at 8:15 broke through the Resistance line
You would have chosen a strike at or below 128.492
At 11pm you see that the price ended at 128.695
It’s that easy and occurs like clockwork almost every day
This makes for a solid evening trade to add to your collection!