Strategy Overview
Strategy | Best Session | Kenya Time | Difficulty | Win Rate |
---|---|---|---|---|
London Breakout | European | 10:00-12:00 EAT | Beginner | 65-70% |
NY News Trading | New York | 16:30-17:30 EAT | Advanced | 55-60% |
Asian Range Trading | Asian | 02:00-06:00 EAT | Intermediate | 70-75% |
Breakout Trading Strategies
London Open Breakout (10:00 AM EAT)
Setup Rules:
- • Identify overnight range (9 PM - 10 AM)
- • Place buy stop 5 pips above high
- • Place sell stop 5 pips below low
- • Cancel opposite order on execution
Risk Management:
- • Stop loss: 30-40 pips
- • Take profit: 80-120 pips
- • Risk/Reward: 1:2 minimum
- • Position size: 1-2% risk
NY Session Breakout (4:00 PM EAT)
Trade breakouts from European session ranges as New York opens.
Best Pairs: EUR/USD, GBP/USD, USD/JPY
Success Rate: 65-70% during trending markets
Average Move: 80-150 pips
Success Rate: 65-70% during trending markets
Average Move: 80-150 pips
Range Trading Strategies
Asian Session Range Trading
Perfect for automated trading during sleep hours (12 AM - 9 AM EAT)
Entry Rules
- • Buy at support + 5 pips
- • Sell at resistance - 5 pips
- • Use RSI for confirmation
Exit Rules
- • Target: 30-50 pips
- • Stop: 25 pips
- • Trail stops when profitable
Best Conditions
- • Low volatility periods
- • Clear S/R levels
- • No major news events
News Trading Strategies
⚠️ High-Risk, High-Reward Strategy
News trading requires experience and strict risk management. Start with demo accounts.
Event | Time (EAT) | Impact | Strategy |
---|---|---|---|
NFP (Non-Farm Payrolls) | 16:30 | Very High | Straddle 15 min before |
FOMC Rate Decision | 21:00 | Very High | Wait for direction |
ECB Rate Decision | 15:45 | Very High | Focus on EUR pairs |
Session-Specific Strategy Implementation
European Session
- • London Session Guide - Perfect Kenya timing
- • London-NY Overlap - Peak volatility
Advanced Techniques
- • Overlap Strategies - Multi-session approach
- • Volatility Analysis - Risk assessment
Automation & News
- • Automated Trading - EA strategies
- • Economic Calendar - News timing
Strategy Selection Guide
For Beginners:
- • Start with European session London breakout
- • Practice on demo first
- • Focus on major pairs
- • Use strict risk management
For Advanced Traders:
- • Combine multiple strategies
- • Trade news events
- • Use correlation analysis
- • Implement automation