By Timeframe

How to Journal Asian Session Trades

Asian session (19:00-03:00 EST) is typically low-volatility and range-bound. Log setup type, range width, and whether price breaks or stays rangebound.

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Fields to Track

01

Session date and time (start/end of Asian session)

Asian session spans 19:00 EST (Japan open) to 03:00 EST (Europe open). Log exact start and end so you know which trades are truly Asian session only.

02

Range high and low (established during the session)

Asian sessions establish a daily range. Track the high and low. This range becomes support/resistance for London session.

03

Volatility characterization (dead, quiet, normal, choppy, volatile)

Asian is typically quiet (15-30 pips intraday range). If Asian is unusually volatile, your strategy might not work (setup is off).

04

Breakout success (did price break range, or did it stay contained)

You might trade "breakout out of Asian range into London." Track if breakouts actually happen or if range just shifts.

05

Pair traded (some pairs are more tradeable in Asian than others)

Asian session favors Asian pairs (JPY, AUD, NZD). EUR/USD in Asian is often dead. Log which pairs you trade to segment performance.

06

Result (in pips, in R, in dollars)

Compare Asian session P&L to other sessions. If Asian underperforms, limit or eliminate Asian trading.

Sample Journal Entry

Asian Session Trades
Session: "Tokyo (19:00-03:00 EST)

Pair: AUD/USD

Session Range: High 0.6680, Low 0.6645

Volatility: Quiet (normal for Asian, 35 pips range)

Strategy: Range bounce (buy at low, sell at high)

Entry: 0.6650 (near low of range, confirmation candle)

Exit: 0.6675 (at midpoint of range)

Pips: +25

Session Result: +25 pips on 1 trade

Notes: Typical quiet Asian session. AUD/USD established a 35-pip range. Bought the low, exited at midpoint. Small but clean trade. Avoided attempting to break out (would likely fail during Asian).

'

Review Process

1

Calculate Asian session P&L against other sessions — if Asian averages +15 pips per session while London averages +45 pips per session, London is 3x better. Consider stopping Asian trading.

2

Track pair-by-pair performance in Asian — maybe AUD/USD ranges nicely in Asian (+20 pips per session) but EUR/USD is dead (-5 pips average). Specialize in AUD in Asian only.

3

Review breakout success — track what % of your "Asian breakout into London" trades actually break out vs. reverse back into range. If below 45%, stop trying breakouts.

4

Assess volatility vs. setup match — when Asian is unusually volatile (80+ pips), do your normal setups still work? Probably not. Skip volatile Asian sessions.

5

Check overnight holding — if you hold Asian session trades overnight into London, what's your P&L? This is different from closing all Asian trades at London open.

Asian Session Characteristics

Asian session (Tokyo, Singapore, Hong Kong: 19:00 EST Sunday through 03:00 EST Monday-Friday) is fundamentally different from London and New York sessions.

Key trait: Low volatility. Most pairs move 20-40 pips per session. Very few trends develop.

Consequence: Range trading and mean reversion setups work. Trend trading and breakout trading fail.

Opportunity: For range traders, Asian is a gift. For trend traders, it’s wasted time.

Your journal must show whether you belong in Asian or should skip it entirely.

Asian Session Behavior by Pair

Different pairs behave very differently in Asian:

PairAvg Range (pips)BehaviorTradeable?
USDJPY40-60Medium volatility, Asian-favoredYes
EURJPY45-70Medium-high volatilityYes
GBPJPY50-80High volatilityYes
AUDUSD25-40Moderate, rangingYes
NZDUSD20-35Low, rangingMaybe
EURUSD15-25Very low, choppyNo
GBPUSD18-28Low, choppyNo

Pattern: JPY pairs trade larger ranges. Major pairs (EUR/USD, GBP/USD) are typically dead in Asian.

Your pair selection in Asian matters. If you’re trading EURUSD in Asian, you’ve already lost because the pair is too choppy.

Asian Session Range Trading

Most profitable Asian trading is range-based:

Setup: Asian session establishes a high and low. You buy at the low (or near it) and sell at the high. Repeat 2-3 times per session if the pair is establishing clear range.

Example:

Asian opens: AUDUSD at 0.6650 First 30 min: Range High 0.6680, Low 0.6645

  • Buy at 0.6650, Sell at 0.6675. +25 pips.

Asian continues: Price drops to 0.6640, rebounds to 0.6685

  • Buy at 0.6645, Sell at 0.6680. +35 pips.

Asian ends: Price at 0.6670

  • Total: +60 pips on two range bounces.

Win rate: 70%+ (ranges usually hold within session). Average R: 0.8R (small wins, small losses). Expectancy: Positive but slow.

Key: Don’t try to trade breakouts of Asian ranges. The range will more likely contract than break.

Breakout Trading in Asian: Usually Fails

Common mistake: Trading breakout above Asian range high into London.

“Asian range is 0.6645-0.6680. I’ll buy a breakout above 0.6680, targeting London continuation.”

Reality: 60% of these breakouts fail. Price breaks, then reverses back into range within 1-2 hours.

Why? Because London hasn’t opened yet. The Asian high might just be an exhaustion point, not the start of a trend. When London actually opens, it sets its own range (often lower than the Asian high).

Better approach: Close all Asian trades at London open (03:00 EST or 08:00 GMT). Don’t try to ride an “Asian breakout” into London. Trade London within London, on London’s terms.

Tracking Your Asian Session Performance

After 2-4 weeks of Asian session trading (20+ sessions):

Session Performance:

Session# Trades# WinsWin RateAvg RExpectancyTotal P&L
Asian251872%0.7R+0.224R+140 pips
London321856%1.3R+0.388R+485 pips
NY281450%1.2R+0.200R+280 pips

Finding: Asian has a high win rate (good consistency) but low average R (small wins). London has lower win rate but much higher R. Over 100 trades, London and NY will pay way more pips than Asian.

Decision: Keep Asian for consistency (emotional benefit of steady small wins). But primary focus is London/NY where the big pips are.

Common Asian Trading Mistakes

Asian is quiet. You want action, so you think the quiet price movement is a “building trend.” You go long a shallow breakout. Price consolidates and reverses.

Fix: Accept Asian is range-bound. Trade ranges only. Don’t force trends.

Mistake 2: Holding Asian trades through London open

You enter an Asian range trade, it’s working, then London opens. London range is different from Asian range. Your trade setup is invalidated.

Fix: Close all Asian trades 30 min before London open. Start fresh with London setup.

Mistake 3: Trading dead pairs in Asian

Trading EUR/USD during Asian when average range is only 18 pips. Even if you win, you only make 8-10 pips per trade.

Fix: Only trade JPY and AUD pairs in Asian. Skip EUR/USD, GBP/USD in Asian.

Mistake 4: Oversizing on “calm” Asian

You think Asian is easy because it’s calm, so you size up to 1.0 lots. Then a spike (rare but possible) hits your stop.

Fix: Use normal sizing (1-2% risk). Asian is low-volatility, low-reward. Don’t oversize.

Mistake 5: Not closing all trades before London

You have multiple Asian range trades open. London opens and starts trending in the opposite direction. All your trades hit stops simultaneously.

Fix: Hard rule: All Asian trades closed by London open (03:00 EST / 08:00 GMT). No exceptions.

Should You Trade Asian at All?

After 20 Asian sessions, ask:

Am I consistently profitable in Asian? If yes, continue. If below breakeven or negative, stop.

Is my Asian P&L worth the time? If Asian makes +15 pips per session on average over 4 weeks, that’s +300 pips per month. That’s decent. But if London makes +2,000 pips per month, Asian is distracting.

Do my Asian trades hurt my psychology? Some traders find Asian quiet and relaxing. Others find it boring and force bad trades. Know yourself.

Many professional traders skip Asian entirely. They sleep or do other things, then trade London/NY only. Their consistency and pips per hour often exceed traders who grind through all three sessions.

Building an Asian Edge

If you’re going to trade Asian, specialize:

“I trade AUD/USD and USDJPY range bounces in Asian only. EURUSD is too dead. I buy within 15 pips of the session low, sell within 15 pips of the session high. Average 2 trades per session, 70% win rate, 0.7R average. I close all trades by London open. This produces +20 pips per session on average, +300-400 pips per month. It’s not my main income, but it’s consistent easy pips while I wait for London.”

This is professional Asian trading: specific pairs, specific strategy, specific rules, consistent execution.

The Bottom Line

Asian session is valuable only if:

  1. You specialize in range trading (not trend trading)
  2. You focus on high-volatility pairs (JPY pairs, AUD/NZD)
  3. You close all trades before London
  4. You accept lower pips/hour than London/NY

If these don’t apply to you, skip Asian. Your time and capital are better spent on London/NY where edge and volatility are higher.


PipJournal segments your trades by session automatically, showing Asian session performance separately. After 20 Asian sessions, you’ll see exactly which pairs and strategies work in Asian, so you can focus on your true Asian edge or decide to skip the session entirely.

Common Journaling Mistakes

Trying to force trades in dead Asian sessions — Asian is quiet; 20-30 pips of range. You take low-probability setups because you "need to trade." Just skip Asian when quiet.

Expecting big moves in Asian — Asian average range 25-35 pips on most pairs (except JPY pairs which run 40-50 pips). Trading for 50-pip targets in Asian means you'll rarely hit them.

Not accounting for London session context — sometimes Asian range is just waiting for London. When London opens, the London range sets, not Asian. Don't force Asian breakouts.

Oversizing because Asian is "calm" — you think Asian is easy money because it's quiet, so you size up. Then a spike happens and you get stopped out.

Holding Asian trades into London without adjustment — Asian setups (range bounces) often fail in London (trending session). Close all Asian trades at London open, don't hold.

Frequently Asked Questions

Is Asian session worth trading or should I skip it entirely?

It depends on your style. If you're a range trader, Asian can be profitable (quiet, clear ranges, low noise). If you're a trend trader, Asian is terrible (very little trend). Test on your data. Many traders skip Asian entirely and only trade London/NY.

Which pairs are most tradeable in Asian session?

JPY pairs (USDJPY, EURJPY, GBPJPY) have more volatility in Asian because Japan is trading its local hours. AUD/USD and NZD/USD also have decent range. EUR/USD is typically dead. Your data will show which pairs work best for you.

Should I close all Asian trades before London opens or hold through?

Close all range-based Asian trades at London open. London has different dynamics (trend/breakout). But if you have an open trade in a strong intraday trend, you can hold. The risk: London often reverses Asian direction.

What's the minimum volatility needed to trade Asian?

If Asian range is below 20 pips, it's too tight to trade profitably (even a win is only 10 pips). Wait for sessions with 25+ pips of range. This filters for tradeable days.

What makes PipJournal different from other trading journals?

PipJournal is the only trading journal built exclusively for forex traders, featuring an AI behavioral co-pilot, session-based analytics, and $179 lifetime pricing with no recurring fees.

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