There are many scalper type expert advisors intended for trading in the Asian session. Some of them works better, some worse, but there are some rules that will help you avoid potentially losing trades:
- Trade only on a quiet market. If sudden and quick movements appear 2 hours before the trading, it’s better to disable your EA.
- Don’t trade on Mondays and Fridays.
- Don’t trade as from the 1st to 4th and from the 27th to 31st of the month.
- Don’t turn on EAs if important news concerning traded currency or USD release (American news often affect the movement of all currency pairs) 2 hours before the start of your trading. You can look at the news release chart in the Economic Calendar.
These rules are far from meaning that trading by scalpers on Monday or at the 28th of the month will certainly bring you a loss. But by adhering these recommendations, the probability of loss becomes much less.
Sincerely yours, Pavel Vlasov