Strategy

Asian Range LS
Pips2Profit
Cameron Benson
 Rules Before Trading
(When/When Not To Trade)
1. Only Take Trades In Your Session. All times are Eastern Standard Time.
a. Asian Session: 8-11PM
b. London Session: 2-5Am
c. New York Session 8-11AM
2. Do not take trades before the news.
a. I do not take trades before the news due to market generally being manipulated (prepared) for the news
announcement.
3. I do not trade the New York Session on FOMC Days.
a. Market usually choppy/manipulated in some kind of accumulation pattern.
4. I do not take trades the day after a 3 day holiday weekend.
 Core Concepts
1. Trade Setups 2. Price Action 3. Areas Of Interest
a. Signal Days
i. 3 Days Previous Days High/Low a. 3 Levels a. Number Box (50,100 Pips Box)
ii. Inside Day i. Daily/Weekly b. Current High/Low Of Day
b. 3 Push Variation c. Previous Days High/Low
iii. First Red Day/First Green Day
i. Stair Step d. Current Week High/Low
b. Opening Range/Initial Balance ii. Triple Top e. Previous Weeks High/Low
i. Daily iii. 3 Bar 1,2,3 f. OR/IB High Low
ii. Weekly iv. 1,2 Pause 3 g. Asian Range High/Low
c. 3 Day Cycle c. M, W, Head & Shoulders
i. Day 2 Trend d. Market Structure
i. Higher High/Lower Low
ii. Day 3 Trend/Reversal
ii. Lower Low/ Higher High **1/5/15 Minute Timeframe

Mind Set:
1. 1-2 Trades a Day MAX. More time watching market does NOT equal more money.
2. Only watching 8 Pairs Total, and narrowing it down to 1-3 within the day. Watching more pairs does NOT equal more money.
3. “It looks like to should go a direction” is NOT A TRADE SETUP.
4. “If the market does this, I will do this” statements. HAVE A PLAN!
5. Your trade plan will make you money. Your ability to manage your emotions is what keeps the money in your pocket and not capitulating weeks
of positive results into the toilet.
6. I need a system that is easy to understand, duplicatable, and rules based.
3 Days Previous Days Low
3 Days Previous Days High
Inside Day (Trend)
Inside Day (Trend)
Inside Day (False
Break)
First Red Day
 Day 3 3dc Reversal

Previous Weeks High

Day 3 3dc
Trend
 The Asian Range
1. 8PM-2AM NYEST
2. I take the highest high/Lowest Low and Project my lines.
3. Is the Opening Range for the DAY.
4. Trend Days=DO NOT COUNTERTREND RANGE EXPANSION DAYS
 Daily Template Examples (Asian Range)
Bull Trend Model

Bear Trend Model

 Daily Template Examples (Asian Range) CONT.
Stop Hunt Low Rise Stop Hunt High Drop
Stop Hunt Low/ Rise
Stop Hunt High/ Drop
Bull Trend Model
Bear Trend Model