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Opening Range Breakout Trading Guide by Prajan J is a document available to read on EtoBox.

What is Opening Range Breakout Trading Guide about?

The document discusses strategies for trading using the opening range breakout (ORB). It defines the OR as the high and low prices during the first 15 minutes of trading. It recommends going long if the price rises above the OR high or short if it falls below the OR low. Positional trades should be held until 3PM, re-examining based on the closing price relative to the stop loss level. The conclusion emphasizes waiting until 10:10AM to trade, using three reference levels (OR high, OR low, closing stop loss)

Author

Prajan J

Language

EN