USD/JPY Asian Range Pullback Strategy
Timeframe: 30 Minutes
Key Session: Asian Market Hours (00:00 – 05:30 +2GMT)
Strategy Rules
1. Identify the Asian Range
Mark the high and low of USD/JPY between 00:00 – 05:30 ( +2GMT )
Only trade if the range is >25pips (avoids noise).
2. Wait for Breakout + Pullback
Breakout: Price must close outside the range (candle body, not wick).
Pullback: Enter on a 50% retracement of the Asian range.
Longs: Breakout above range → buy at 50% pullback.
Shorts: Breakout below range → sell at 50% pullback.
3. Trade Execution
Entry: 50% retracement level of the Asian range.
Stop Loss:
Longs: Below the range low (for breakouts above).
Shorts: Above the range high (for breakouts below).
Take Profit : 1:1 Risk-Reward (RR).
ENTRY 194.82
SL 194.68
TP 194.95