Does Opening range breakout still work ?

Discussion in 'Technical Analysis' started by JaiSreeram, Feb 10, 2008.

  1. Can someone , give me a overview of opening range breakout and some insight about whether it is still effective?
     
  2. sometimes it works and sometimes it doesnt.
     
  3. nkhoi

    nkhoi Moderator

    yes, just draw 2 lines on chart and see it for yourself.
     
  4. Much like yourself, it doesn't work. Any other brilliant ideas you'd like us to do the legwork on so you don't have to?

    M
     
  5. dozu888

    dozu888

    it works great.... i made millions from it.... just try it, you'll be rich in no time.
     
  6. A good question. I found this old opening range breakout link. It is valuable and also contains a part of Murray Video which you can watch for free.

    http://elitetrader.com/vb/showthread.php?s=&threadid=72968
     
  7. Thank you for the link. I registered on TradersStudio.com and just ordered the video, so I can watch the rest of it
     
  8. here's Clayburg's trading the Open
     
  9. Thank you very much. The link and Powerpoint presentation are helpful
     
  10. If there is a pattern or an indicator that worked 300 years ago, it will work today. This is because markets move as the result of human behavior and motives, which have never changed. If it didn't work then, it won't work today.
     
    #10     Feb 15, 2008