Trading glossary

Asia range (Asia box): meaning in trading

The Asia range is the high and low price made during the Asia session, 00:00 to 06:00 UK time.

Overnight, GBPUSD usually moves in a fairly tight range. Mark its highest high and lowest low and you have the Asia box.

Traders who sold the top or bought the bottom of that range put their stops just beyond it, so the box edges are some of the most watched liquidity of the day. London often sweeps one side in its first hour.

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