Night Flat: Scalping the Asian Session
The “Night Flat” strategy exploits the low volatility characteristic of the Asian session (22:00 – 02:00). Since major exchanges are closed, the market often ranges. This system uses a grid of pending limit orders to profit from small price fluctuations returning to the mean.
Strategy Profile
Time
22:00 – 02:00
Pairs
Majors (EUR, GBP)
Type
Grid / Scalping
1. The Grid Setup
At 22:00 (platform time), place a grid of 8 pending limit orders around the current price:
- 4 Buy Limits: Placed 15, 20, 30, and 35 points below the current price.
- 4 Sell Limits: Placed 15, 20, 30, and 35 points above the current price.
2. Trade Management
Manage the grid with strict targets:
- Take Profit: Set at the level of the closing price of the 22:00 candlestick (Mean Reversion).
- Stop Loss: Set 50 points away from the farthest pending order in the grid.
Scalp the Night: Profit from low volatility periods and earn rebates on every fill.
