How much time into the session should you use for the opening range. Like is the range you're going off of the first 10 min or something?
@TradeProAcademy Жыл бұрын
Demond, there are different strategies on this topic. The one I currently use is just 30 seconds to establish the opening range values, but if you look at market profile traders they look for the initial 60 minutes for the opening balance. My suggestion is to try 30 seconds, 1 minute and 5 minutes, overlay them all at the same time on one chart and observe for a few weeks. Remember, a lot of the success of this strategy is having a trending market, I pause this strategy altogether during periods of multi day consolidation. Hope this helps.
@RAJESHSHARMA-rf4nb Жыл бұрын
NICELY EXPLAINED...
@Aiworld20252 жыл бұрын
good stuff thank you for posting this video! Also Thank You for explaining the differnt ways you have tried to measure profit taking.
@TradeProAcademy2 жыл бұрын
Hi Travis, thanks for watching. We are glad you found value in this breakdown. Stay tuned for more!
@thousandlocks3258 Жыл бұрын
Well explained
@devonolson83842 жыл бұрын
For opening range trades because they happen quick, are you using stream deck or any hot keys to scratch trades that don't quickly go to give yourself a couple shots at it if it lines up?
@TradeProAcademy2 жыл бұрын
Hi Devon, you can use a streamdeck for these trades or be quick with the mouse :D
@guyredares2 жыл бұрын
if most days are not strong move days then it makes more sense to sell Iron Condors
@timothyaldous12002 жыл бұрын
Can you make video in higher quality next time pls?