Session Trading Strategies

Master proven strategies for each trading session, optimized for Kenyan traders

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

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

Advanced Techniques

Automation & News

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

Explore Other Forex Trading Sessions