The London breakout strategy is popular among forex CFD traders because liquidity surges at the European open — spreads on Zynex tighten on EUR/USD and GBP/USD, and price often commits to a direction after the quiet Asian session.
Core idea: mark the high and low of the Asian session (roughly 00:00–07:00 GMT). When London opens, trade the first clean break of that range with a stop inside the box. Target 1.5–2× range height.
Step-by-step workflow
- Before London (07:00 GMT), mark Asian high/low on 15m or 1H chart
- Note range size in pips — if < 15 pips on EUR/USD, breakout may lack fuel
- Wait for 15m candle close outside range (not just wick)
- Enter on retest of broken level when possible
- Stop: opposite side of range or midpoint for tighter risk
- Take partial profit at 1R; trail remainder
Best pairs on Zynex
| Pair | Notes |
|---|---|
| GBP/USD | Often largest London moves — wider stops |
| EUR/USD | Cleaner structure; good for beginners |
| USD/JPY | Less Asian-range dependent — use cautiously |
When to skip the trade
- High-impact news within 30 minutes of London open
- Asian range abnormally wide (prior volatility already spent)
- False break: price re-enters range within 2 candles
- Friday afternoon — lower follow-through
Session timing
Peak execution on Zynex during London–NY overlap (12:00–16:00 GMT). Combine this strategy with our mobile platform if you monitor Asian range from phone and execute at desk.