FxTECHS is pleased to announce the release of "The Asian Session Forex Model", a new foreign exchange product designed to provide traders with short term tactical trade ideas derived from our exclusive model.
"The Asian Session Forex Model” is based on a time stop methodology that provides trade recommendations designed to exploit playable contra-moves in the more tradeables asian currencies.
The logic behind the system is simple to understand and easy for any trader to implement : traders use our system to determine critical support and/or resistance as well as accurate entry levels. Our mapping method works on both market conditions, when trending and on sideways conditions.
All orders are established after the New York close at 10 pm GMT, and are assigned a target and stop loss. All trades are to be exited indiscriminately at 9 am GMT on the next trading day should the objective not be met in the allotted time (no overnight holdings).
All orders must be removed at 9 am GMT. This model does not provide trailing stops [see +].
The strategy is technically based and looks to yield approximately 1 to 4 signals per day. Returns are listed on this website [see +].
