scalping the london open - whats actually still working
-
the london open from 07:00 - 09:30 UTC has historically been a goldmine for scalpers. liquidity flooding in, clear directional moves on majors, pre-news positioning.
but the playbook has changed. simple 'breakout of the asian range' that worked for years now gets stop hunted in the first 5 minutes 60% of the time. patterns that were $2k a week for me 2 years ago are -$500 a week now.
for those still scalping london open profitably - what is your current edge?
-
shifted my approach 18 months ago: i now WAIT for the stop hunt before entering. asian range breakout in either direction, take the stop run, enter on the reversal back through the range. classic 'liquidity grab' framing. win rate around 55%, R 1.8.
-
short term yes. price spikes one direction taking out obvious stops, then reverses sharply. 'fading' means entering on that reversal in the opposite direction of the initial spike. its trading the stop hunt as if you knew it was coming. risky if you misread the level.
-
different angle - i stopped scalping the open entirely and now trade the london CLOSE (16:00-18:00 UTC). less competition because everyone is focused on the open. less algo density. the moves are smaller but the win rate is higher because its less predictable so less farmed by HFT.
-
still very tradeable for me. the difference: i use higher timeframe context (daily bias) to filter which direction to scalp during the open. random scalping died. directional scalping with confluence is alive. its less of a 'mechanical' edge and more skill-based now.
-
i love london open scalping but i had to evolve 5 times in 3 years
the market changes the rules and you adapt or die. boring meta.but real
Hello! It looks like you're interested in this conversation, but you don't have an account yet.
Getting fed up of having to scroll through the same posts each visit? When you register for an account, you'll always come back to exactly where you were before, and choose to be notified of new replies (either via email, or push notification). You'll also be able to save bookmarks and upvote posts to show your appreciation to other community members.
With your input, this post could be even better š
register login