Chapter 2 The Asian Killzone
Understanding the concept of Killzones is the first step towards leveraging them. They are not just periods of time but strategic windows that can open up a world of opportunities for traders who know how to use them. Each Killzone is unique and offers its own set of opportunities and challenges.
The Asian Killzone: The Dawn of Opportunities
The Asian Killzone is the first of these periods. This period is particularly relevant for those trading the Australian dollar, the New Zealand dollar, and Japanese yen pairs, as these markets are most active during this time. The Asian session can sometimes set up an optimal trade entry pattern that can offer 15 to 20 pips for a scalp.
The Asian Killzone is characterized by its volatility due to the economic news releases that come out during this time. Traders who can keep their finger on the pulse of these news releases and predict their impact on the market can make the most of the Asian Killzone.
