As price moves into the top or bottom after it has been established, a buy stop limit is set above or a sell stop limit is set below. This is done with a bracket order, with a tigh
stop and a wide take profit.| As price moves into the top or bottom after it has been established, a buy stop limit is set above or a sell stop limit is set below. This is done with a bracket order, with a tigh |
| :--- |
| stop and a wide take profit. |
In slower summer chop days, traders have to be aware of the possibility of no break or a late break. That is why I caution traders to take this trade a max of 3 times with scrat
or -2 tick stops.| In slower summer chop days, traders have to be aware of the possibility of no break or a late break. That is why I caution traders to take this trade a max of 3 times with scrat |
| :--- |
| or -2 tick stops. |
This trading strategy can be used across any futures asset right off the opening bell.
For equities that is at 9:30 am EST Monday through Friday
Gold Futures 8:20 am EST Monday through Friday
Oil Futures 9:00 am EST Monday through Friday
This trading strategy has 2 components to consider. They are:
The Trading Strategy
The Opening Range time frame
There is a lot talk about the opening range time frame, anything from 30 seconds to 15 minutes plus. Why is that? It depends on how long you plan on holding trades! If you swing trading a larger opening range frame makes sense. However, for the day trading purpose, anything from 5 mins and lower is what's generally used.
A tip from the pit, the first 30 seconds make up the opening range and that is what this trading strategy consists of.
The Initial Break
Catching the first break out holds some risk to it because you have to keep the risk tight and get an extended move in the break out direction quickly.
This involves using a tighter bracket, scratching quickly and using a buy stop/sell stop-limit order to get in.
It is a good idea to use multiple lots, 2 or 3.
Perfect this execution on demo and micros before attempting
Volatility is required because it may not be as successful in slow summer chop.
The basis of the strategy Explained
The opening range consists of the first 30 seconds of the open on whatever futures market you trade. Sierra Charts has a study that does just that "High/Low for time perio
In the image below it is denoted by the two blue lines.
The premise of this trade idea is that traders are long above the opening range and short below.
"As price moves into the top or bottom after it has been established, a buy stop limit is set above or a sell stop limit is set below. This is done with a bracket order, with a tigh
stop and a wide take profit."
This trade is done with at least 2 lots, more prefer doing it with 3 lots. Each lot has a target level or should be taken out at market structure breaks. This will be further discussed below.
"In slower summer chop days, traders have to be aware of the possibility of no break or a late break. That is why I caution traders to take this trade a max of 3 times with scrat
or -2 tick stops."
If it does not go relatively quickly there is not enough volatility in the market to propel it. This is a great fall-spring strategy.
Below is a chart of the ES and the opening range playing out.
This is a simple trading strategy by nature, harder to master in terms of timing and management. Practice, practice, practice.
Edit Chart Analysis Tools Trade Window CB CW Help
F.US.EPU19 1.00 Range #37 C: 3009.00 T: 2539 Chg: -0.25 DChg: 12.50 2019-07-24 12:25:46 H: 3010.00 L: 3009.00 O: 3009.50 V: 5906 B: 3020.25
3014.00
"3012.00
3010.00"
qquad qquad qquad
◻
https://cdn.mathpix.com/cropped/2025_07_13_3a35905bda327c0fdba9g-1.jpg?height=173&width=2570&top_left_y=6281&top_left_x=745 https://cdn.mathpix.com/cropped/2025_07_13_3a35905bda327c0fdba9g-1.jpg?height=110&width=2577&top_left_y=6367&top_left_x=749
https://cdn.mathpix.com/cropped/2025_07_13_3a35905bda327c0fdba9g-1.jpg?height=205&width=2579&top_left_y=6421&top_left_x=748
https://cdn.mathpix.com/cropped/2025_07_13_3a35905bda327c0fdba9g-1.jpg?height=430&width=2765&top_left_y=6644&top_left_x=749
| This trading strategy can be used across any futures asset right off the opening bell. | |
| :--- | :--- |
| For equities that is at 9:30 am EST Monday through Friday | |
| Gold Futures 8:20 am EST Monday through Friday | |
| Oil Futures 9:00 am EST Monday through Friday | |
| This trading strategy has 2 components to consider. They are: | |
| | |
| | |
| The Trading Strategy | |
| The Opening Range time frame | |
| There is a lot talk about the opening range time frame, anything from 30 seconds to 15 minutes plus. Why is that? It depends on how long you plan on holding trades! If you swing trading a larger opening range frame makes sense. However, for the day trading purpose, anything from 5 mins and lower is what's generally used. | |
| A tip from the pit, the first 30 seconds make up the opening range and that is what this trading strategy consists of. | |
| The Initial Break | |
| Catching the first break out holds some risk to it because you have to keep the risk tight and get an extended move in the break out direction quickly. | |
| This involves using a tighter bracket, scratching quickly and using a buy stop/sell stop-limit order to get in. | |
| It is a good idea to use multiple lots, 2 or 3. | |
| Perfect this execution on demo and micros before attempting | |
| Volatility is required because it may not be as successful in slow summer chop. | |
| The basis of the strategy Explained | |
| The opening range consists of the first 30 seconds of the open on whatever futures market you trade. Sierra Charts has a study that does just that "High/Low for time perio | |
| In the image below it is denoted by the two blue lines. | |
| The premise of this trade idea is that traders are long above the opening range and short below. | |
| As price moves into the top or bottom after it has been established, a buy stop limit is set above or a sell stop limit is set below. This is done with a bracket order, with a tigh <br> stop and a wide take profit. | |
| This trade is done with at least 2 lots, more prefer doing it with 3 lots. Each lot has a target level or should be taken out at market structure breaks. This will be further discussed below. | |
| In slower summer chop days, traders have to be aware of the possibility of no break or a late break. That is why I caution traders to take this trade a max of 3 times with scrat <br> or -2 tick stops. | |
| If it does not go relatively quickly there is not enough volatility in the market to propel it. This is a great fall-spring strategy. | |
| Below is a chart of the ES and the opening range playing out. | |
| This is a simple trading strategy by nature, harder to master in terms of timing and management. Practice, practice, practice. | |
| Edit Chart Analysis Tools Trade Window CB CW Help | |
| F.US.EPU19 1.00 Range #37 C: 3009.00 T: 2539 Chg: -0.25 DChg: 12.50 2019-07-24 12:25:46 H: 3010.00 L: 3009.00 O: 3009.50 V: 5906 B: 3020.25 | |
| 3014.00 | |
| 3012.00 <br> 3010.00 | |
| | |
| | |
| | |
| | |
| | |
| $\qquad$ $\qquad$ $\qquad$ | |
| | |
| $\square$ | |
|  |  |
|  | |
| | |
|  | |
| | |
| | |
应用 应用程序
arst arget 被击中，停止是移动，因此 tade 变成了风险费用 tace。 首个目标价位已触及，止损位已调整，交易转为零风险状态。
管理多个批次
的交易和目标区域 当交易量达到20或3个时，哈哈 以下是一些例子： qquad\qquad qquad\qquad Just as the thirlol of proftil dose out in the exandle above. qquad\qquad 正如上述示例中利润目标第三手所展示的那样。
doesst pint a ngler Ingh. 该段落无意义
Conclusion 结论 qquad\qquad qquad\qquad I would love to hear from you - how is this strategy working, and what has been your experience? 我很想听听您的反馈——这个策略效果如何，您的使用体验怎样？ qquad\qquad Indow of qquad\qquad 窗口
volume). 成交量）。
I would love to hear from you - how is this strategy working, and what has been your experience?