Asian Session Trading Analysis and Setup for Jan 9th

Yesterday's Market Review

We analysed the Asian session without our usual tight white box setup. Instead, we worked from a historic position. The setup proved valid, showing weakness early on. This triggered a successful short trade.

The market tested higher but remained under our key line, indicating weakness. Price action confirmed this with clean breaks through multiple pressure points.

Market-Specific Analysis

Australian JPY

The market opened above our line, suggesting strength. However, it quickly reversed, contradicting the initial signal. A pressure point pushed prices up again. This double movement through our line indicated manipulation. The market stayed range-bound through the Asian session.

JPY Movement

After setting up pre-Asian session, price showed early strength. A pressure point breach confirmed upward momentum. However, a warning sign appeared at the top, followed by accumulation and a drop. The market eventually broke down, confirming a short bias.

Current Setup

As of pre-Asian session, we're monitoring three key positions:

• All pairs trading below their respective lines
• Showing consistent weakness
• Maintaining short bias

Trading Approach

The 30-minute chart provides our global perspective. For entries:

1. Wait for the initial Asian session movement
2. Monitor price development
3. Switch to lower timeframes for precise entry
4. Watch for clear setups

Action Plan

Current market positioning suggests continued weakness. Traders should:

• Monitor price action below key lines
• Watch for confirmation signals
• Prepare for potential short opportunities
• Use lower timeframes for entry precision

We'll continue monitoring market development as the Asian session progresses.