I have a price model I’ve been refining the last 2 quarters during the Asian session and my only drawback is that I don’t have a predetermined directional bias during the Asian session (8pm eastern to 10pm Eastern) or I feel as if I don’t.
I only use the 10year yield and the Dxy to help me and I trade solely Xauusd and have been gathering data for Audusd as of late.
Any tips would be greatly appreciated.
Have you carried out some observations on what happens in the Asian session, in comparison to what preceded it during London and New York? I have never done this but I’m sure I remember reading that the Asian session is usually so flat it isn’t worth trading anyway. Presumably you have some statistics that show this idea to be false?
To answer your first question yes and Asian session is only flat depending on the instrument whereas gold, jpy pairs as well as Nzdusd and Audusd have more than enough movement