Opening range breakouts
hi guys,
I have been dabbling into day trading and especially opening range breakouts
in smaller time frame; with knowledge of elliot wave counting and opening ranges... the trading method gives good results also as we all know elliott waves are subjective so day trading with opening range with your knowledge of wave counting is pretty good
i will post results soon; but you guys should google opening range and ACD method by mark fisher
i am using elliott wave + ACD method + moving averages to day trade
trading is not rocket science its all probabilities and risk management
risk 1 to earn 3
but when u r doing day trades often its risk 1 to earn 5 to 10
I have been dabbling into day trading and especially opening range breakouts
in smaller time frame; with knowledge of elliot wave counting and opening ranges... the trading method gives good results also as we all know elliott waves are subjective so day trading with opening range with your knowledge of wave counting is pretty good
i will post results soon; but you guys should google opening range and ACD method by mark fisher
i am using elliott wave + ACD method + moving averages to day trade
trading is not rocket science its all probabilities and risk management
risk 1 to earn 3
but when u r doing day trades often its risk 1 to earn 5 to 10
Re: Opening range breakouts
also day trading provides instant gratification; if i enter into a trade; i should automatically enter into profit otherwise i am out
one reason i think most traders in anil margin group get disillusioned because mostly they are in drawdowns and just hoping and praying
one reason i think most traders in anil margin group get disillusioned because mostly they are in drawdowns and just hoping and praying
Re: Opening range breakouts
opening range breakout works during london session and ny session opens ... so u ride the momentum wave
Re: Opening range breakouts
Thanks for the info.
Re: Opening range breakouts
made 5 percent today
playing opening range breakout

playing opening range breakout
Re: Opening range breakouts
What time frame were you using for the opening range?
Re: Opening range breakouts
From what I read you're supposed to take the opening range from a higher time frame.
Maybe I'm wrong.
Maybe I'm wrong.
Re: Opening range breakouts
no opening range breakouts are usually 3 min or 5 min,... of each session breakout
even 30 mins
i do ACD with moving avgs and my elliott wave counting (not anil margin;s scam waves) to day trade
i like risk to reward ratio
Re: Opening range breakouts
I setup a new account for opening range breakouts in myfxbook
everyone can follow the performance of this week here
viewtopic.php?f=5&t=167&start=10
95 percent growth so far
i did some horrible blunders while experimenting; the results could have been a lot better
everyone can follow the performance of this week here
viewtopic.php?f=5&t=167&start=10
95 percent growth so far
i did some horrible blunders while experimenting; the results could have been a lot better
Re: Opening range breakouts
When you open history we will controll You 

Re: Opening range breakouts
yes vlad the reason why i ask is i'm not english native i get clear by watching video again and again try to understand if you give us some glimpse my humble request brother meanwhile i read again book and watch again acd 

Re: Opening range breakouts
Niclas , as i;ve posted in the other topic
viewtopic.php?f=5&t=167&start=10#p708
this strategy is useless in forex market,
do not lose Your time.