M5 · L2London Open Strategy
The Asian Range
While London traders sleep, Asia creates a consolidation box. London's job is to break out of it — usually with a fake-out first.
What This Means
The Asian session (midnight to 7am GMT) is low-volume. Price moves in a tight range. This range defines the boundaries of where stop losses are clustered. Buyers who entered during Asia have their stops below the Asian low. Sellers have stops above the Asian high. London institutions target these stops first — then make the real move.
Visual
The Rule
Mark the Asian high and Asian low every day before 7am. These are your key levels.
The Asian range typically forms from midnight to 6am GMT.
COPY THIS
Do these steps exactly1
Every morning at 6:45am GMT, open XAUUSD on the 15M chart
2
Find midnight GMT on the chart
3
Identify the highest point between midnight and 7am = Asian High
4
Identify the lowest point in the same range = Asian Low
5
Draw a box around the entire Asian range
This box is your battlefield for the day
6
Label: 'AH' (Asian High) and 'AL' (Asian Low)
Common Mistake
On days with significant news before 7am (Asian data releases), the Asian range may be unusually large. Be more cautious on these days.