openingrange
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openingrange [2025/04/06 05:32] โ [๐ Strategy Tie-In] lwattsii | openingrange [2025/04/06 05:57] (current) โ [๐น Strategy 1: Opening Range Breakout (ORB)] lwattsii | ||
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+ | > **๐ก Tip:** US Futures open at 8:30 AM CST, but equities open at 9:30 AM EST. Adjust ORB timing depending on the market you're trading. | ||
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===== ๐น Strategy 1: Opening Range Breakout (ORB) ===== | ===== ๐น Strategy 1: Opening Range Breakout (ORB) ===== | ||
* **Setup**: Price breaks 15-min high/low with strong momentum or volume spike. | * **Setup**: Price breaks 15-min high/low with strong momentum or volume spike. | ||
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+ | **๐ Visual Example โ ORB Breakout at 8:47 AM CST** | ||
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+ | === ๐งช ORB Quick Checklist === | ||
+ | * Mark 8:30โ8:45 AM CST range (for futures) | ||
+ | * Look for strong momentum or volume breakout | ||
+ | * Wait for breakout + confirmation (e.g., engulfing candle, volume surge) | ||
+ | * Enter on break + retest (optional) | ||
+ | * Place tight SL just below/above range | ||
+ | * Target: 6โ8 ticks or next key level | ||
===== โฐ What is the 15-Minute Opening Range? ===== | ===== โฐ What is the 15-Minute Opening Range? ===== | ||
openingrange.1743917562.txt.gz ยท Last modified: 2025/04/06 05:32 by lwattsii