Skip to main content

how to read and trade the Asian range breakout report

how to use the Asian range breakout report to trade whether the day closes above or below the Asian range and the color it finishes, including the by-extension, by-close, and by-weekday subreports.

Written by Brad

summary: how to use the Asian range breakout report to trade whether the day closes above or below the Asian range and the color it finishes, including the by-extension, by-close, and by-weekday subreports.

what it measures

the Asian session is typically quieter and range-bound, and that range often sets up the day. this report measures what happens to the Asian range (AR) once the more active sessions arrive: does the day's first close land above or below the Asian range, and what color does the day finish?

so it's two reads in one — which side of the Asian range price breaks and holds, and whether the daily candle closes green or red on each side. because the Asian range is often tight, its high and low make clean reference levels for the moves that follow when liquidity picks up. it's a specific case of the session breakout family — same idea as the overnight range and market session breakout reports, anchored to the Asian session.

how to read it

start with the side: a high closed above or closed below rate tells you which way the Asian range usually resolves. then layer the color — if days that close above the range also finish green far more often than red, the break becomes a directional bias, not just a level. treat the Asian high and low as trigger levels: the break is the signal, not a spot to fade.

open the report for the ticker you trade to see the split, and keep the Asian high and low drawn on your chart into the London and NY opens.

the subreports

standard

how often the day closes above vs below the Asian range, and the daily candle color that goes with each side. your base read.

by extension

after the range breaks, how far price extends beyond it — the targets to trade toward once you're in the break. this is what turns the direction read into a plan with a profit objective.

by close

where price closes relative to the range — did it hold the breakout or slip back inside? use it to decide whether to hold for the extension or take profit at the level.

by weekday

the same read filtered to one weekday. use it to lean on the setup only on the days the data supports, and watch sample sizes on thinner days.

the customize settings

the customize button lets you set the Asian session window, the daily-candle time used to measure the day's color, and the breakout candle timeframe (15 or 30 minutes), which sets the candle that has to close outside the range for a break to count. whatever you set shows up in the custom settings panel on the report.

how traders use it

the core play is trading the break of the Asian range as London or NY opens — following the side that breaks, in the direction the color read favors. use by extension to set the target and by close to decide whether to hold for it or bank profit at the level.

it fits naturally with the other session breakout reports — the Asian range is the first range of the day, and how it breaks often sets the tone for the sessions that follow.

setting it up

use the session breakout indicator with the Asian session selected to plot its high and low, and confirm the session window matches the report so your levels line up with the data.

tips

  • trade with the break. a high break rate means follow it, not fade it — the Asian range is usually there to be broken, not defended.

  • the by-extension subreport is what makes it tradeable — it gives you a target instead of just a direction.

  • confirm the read holds across 1 year, 6 months, and 3 months before you lean on it, and remember consistent results take customization and reps.

related articles

Did this answer your question?