ORB, range contractions and expansions

Discussion in 'Strategy Building' started by OPC, Feb 15, 2003.

  1. Combine the concepts of Opening Range Breakout and Opening Price Principle with Narrow Range and Narrow Range Inside Day. Select candidates with an ADR/ATR in your comfort zone. Use volume to help you determine whether to take a quick profit or hold on for more.

    If you're new to trading, stay small.... 100-200 shares max. Learn to engineer good trades then increase your size.

    Aside: BB's are a nice visual tool to depict low volatility. They let you anticipate increased volatility while looking to apply the above concepts.
     
    #11     Sep 9, 2005