Free course · Lesson 7 of 14
The Asia box
The two levels we mark every single morning.
Step by step
- At midnight UK time the Asian session begins. While London sleeps, GBPUSD usually drifts sideways.
- By 06:00, Asia is done.
- Draw a box around the highest and lowest price between 00:00 and 06:00. That’s the Asia box.
- Its high and low are the most obvious levels on the chart, so that’s where stop losses (liquidity) build up overnight. London usually goes after one of them.
Remember: Mark the Asia high and low every morning. They are the levels London hunts first.
Terms in this lesson
Tools and terms for this page
Free tools: Forex session clock in UK time
Glossary: Liquidity · Asia range (Asia box)