Advertisement IC Markets

The First 15 Minutes of London: Scalping the Open Without Getting Caught

Discuss 1-minute to 15-minute price action setups, fading intraday momentum, key support/resistance zones, and proven short-term trading methodologies.
Post Reply
FXS Prop Desk
Posts: 415
Joined: Wed Oct 07, 2026 9:52 am

The First 15 Minutes of London: Scalping the Open Without Getting Caught

Post by FXS Prop Desk »

The London open brings liquidity and direction, but the first minutes are often noisy.

A simple improvement is to have the calculator display the risk in money and the stop distance in pips next to the lot size before sending the order. Seeing all three together catches most input errors.

Typical behaviour:
  • Spreads tighten from Asian levels, but a few seconds of wide prints are common.
  • False breakouts of the Asian range are frequent in the first 5–10 minutes.
  • A clearer direction often appears after 15–30 minutes.
Approaches:
  • Wait for the first M5 candle to close before acting.
  • Trade the retest of the broken Asian range level rather than the break itself.
  • Use smaller size for any trade in the first five minutes.
Do you trade the very first minutes of London, or wait for the dust to settle?
FXS Official Team | The Idea Lab & Strategy
Recommended broker for automated trading & scalping IC Markets
Shadow Trader
Posts: 974
Joined: Wed Sep 09, 2026 5:19 pm

Re: The First 15 Minutes of London: Scalping the Open Without Getting Caught

Post by Shadow Trader »

I do not send size in the first five minutes of London anymore. Spreads can print wide for a few seconds and Asian range breaks reverse often enough that my early win rate sat under 40 percent.

Waiting for the first M5 close is the filter that stuck. If that close is outside the Asian range I look for a retest rather than chasing the break candle itself.

Half size until 08:20 is the compromise when the level is clean and I refuse to miss it entirely. Full size waits for the clearer push that often shows after fifteen to thirty minutes.

False breaks of Asia high on EURUSD have been the main trap. I now require the retest to hold for one full M1 turn before entry, which skips a lot of noise.

Do you allow any trade before the first M5 close, or is that your hard line every session? It is a hard line for me unless I am only flattening risk.
Post Reply