Night Trading Strategy On The EUR/USD Pair

Profitable ZuluTrade Traders / Strategies

It has often been the case that many of the top signal providers on ZuluTrade (and other sites) tend to trade various different currency pairs, and will generally trade during the busiest times of the day, ie the London and New York sessions.

So it is quite surprising to discover that one of the most profitable signal providers is actually using a night trading strategy on the EUR/USD pair because this pair doesn’t usually move a great deal during the quiet overnight session.

Any strategy that is used during this session has to capture lots of small gains in the region of 5-10 pips because of the low volatility, but this particular strategy appears to do just that.

ThePipsMasterUK’s Strategy

Unfortunately it is hard to find out the exact strategy that this trader is using, but if you visit their trader profile page, you can read more about it.

You will see that this trader uses a number of different filters to find possible entry points, and will often open several positions in order to catch the trend.

Indeed they will actually open up to a maximum of 8 positions (0.1 lots per trade) at any one time, so this is something to bear in mind if you decide to copy the signals of this trader in your own account.

Most interesting of all is that this trader specifically trades the overnight session to avoid the volatility of the daytime sessions, and only ever trades the EUR/USD pair, which is good because it means that they have learned the behaviour of this pair and know exactly how it is likely to move during this session.

This certainly seems to be a profitable strategy because most of their trades tend to be closed out for a profit of between 5 and 8 pips, on average, and the losses are generally very small on the rare occasions that they do experience a losing trade.

Trading Results

At the time of writing (23 August 2018), ThePipsMasterUK is currently ranked as the 9th best trader on ZuluTrade, and has a total profit of 2429 pips since they started trading in March 2018.

They have had 395 winning trades out of 402, which equates to a remarkable 98% success rate, with an average profit of 6 pips, a best trade of 34 pips and a worst trade of -58 pips.

It should be pointed out that this trader appears to use a maximum stop loss of around 150 pips, so I would imagine that big losses could occur from time to time, but nevertheless I think it will be interesting to keep an eye on the performance of this particular trader, and to see if their night trading strategy on the EUR/USD pair continues to yield results.

Here is a widget that displays the very latest trading results of ThePipsMasterUK:

If you would like to automatically trade the signals of this trader in your own trading account, or would like to open a free demo account with ZuluTrade, you can do so by clicking on the Follow or Register buttons above.

However please note that I am not recommending that you copy the signals of ThePipsMasterUK or any other signal provider. This blog post is designed to be used for educational purposes only, and does not represent financial advice. You are solely responsible for any trading decisions that you make.

Final Thoughts

The main point I want to get across is that you don’t necessarily need to come up with a strategy that looks to capitalize on large price swings or high volatility.

By trading the overnight sessions, you can trade at a more relaxed pace with reduced volatility and no market-moving news announcements to worry about, and the long-term success of this particular trader suggests that it is definitely possible to be successful by coming up with a night strategy that trades the EUR/USD pair, or any other major pair that has tight spreads.