London Opening Range Breakout Strategy
The London Opening Range Breakout is a strategy that is simple to understand and apply. It also has the appeal that it requires relatively little time to trade it, generating at most one trade per day.
The London Opening Range Breakout is a strategy that is simple to understand and apply. It also has the appeal that it requires relatively little time to trade it, generating at most one trade per day.
Learning to recognize key turning points in markets is one of the most important lessons any trader can learn.
The #1 reason traders fail is due to lack of experience. The best way to speed up your learning curve is to keep meticulous records using a trading journal.
A trend day occurs when there is an expansion in the daily trading range and the open and close are near opposite extremes.
When I sat down to write this article, I thought it would be challengingโbut usefulโto distill over 20 years of trading experience…
Price action trading is a term that you frequently hear among traders currently. It is popular due to its minimalism and applicability across different markets and timeframes.
I wish I had a dollar for every time Iโve been asked what tools I use to trade. It would be easy money because my answer is always the same: chart patterns and volume.
The Market Internals are similar to the instrument cluster on your car, without them you really donโt know which direction you are headed or how fast youโre moving.