Opening Range Breakout (ORB) Strategy

[Enivid]

Discuss the Opening Range Breakout (ORB) Strategy here. ORB is a popular breakout trading strategy with flexible rules and limited period market exposure. You can ask any questions about this strategy here.

 

[rmufti68]

Thanks for this thread. Love ORB for discipline , market tells you quickly if you're wrong. For those new: Key is not the break, it's the quality of the range. Tight range with London open can be high probability. Wide range already so skip. Do you use fixed opening time (e.g. NY 9:30) or session-based (London open) for Forex pairs?

 

[Lee-me]

The first breakout can look very tempting but I prefer waiting for a cleaner confirmation. Chasing the move usually makes the trade more stressful.