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Intraday Volatility Breakout Strategies and Trading Systems
Welcome
"An Opening Range Breakout is a trade taken at a predetermined amount above or below the opening range. When the predetermined amount (the stretch) is computed, a buy stop is placed that amount above the high of the opening range and a sell stop is placed the same amount below the low of the opening range. The first stop that is traded is the position and the other stop is used as a protective stop".
This is how Toby Crabel, more than 20 years ago, started his book "Day Trading with Short term price patterns and Opening Range Breakout", and this is the basis of several strategies and trading systems that I have been testing for a couple of years and that I will try to share in this Blog.
My English is not perfect but I am sure that, no matter where you are from, if you are a trader interested in these matters, well..., we are going to understand each other.
Your comments and opinions are welcome.
This is how Toby Crabel, more than 20 years ago, started his book "Day Trading with Short term price patterns and Opening Range Breakout", and this is the basis of several strategies and trading systems that I have been testing for a couple of years and that I will try to share in this Blog.
My English is not perfect but I am sure that, no matter where you are from, if you are a trader interested in these matters, well..., we are going to understand each other.
Your comments and opinions are welcome.
About this blog
- tradingdde
- Stocks Traders since several years we develop intraday trading systems according to Larry Williams, Linda Bradford Raschke and Toby Crabel works.
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