[English] Entry Technique 01 · Opening Range Breakout
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This method takes the high and the low formed during a fixed period after the session opens as a range, and treats a confirmed close outside that range as an entry candidate. It uses the character of the stretch where the session changes over and participants increase.
The stop loss goes on the opposite side of the range. The wider the range, the smaller the size becomes.
- A break where only the wick grazed through is not counted as a break; judge it by the confirmed close.
- Also check whether volatility actually increases after the break.
- If it runs against the higher time frame direction, reliability drops.
- Skip the stretches where the spread exceeds your limit.
Weakness · In a directionless market, fakeouts appear on both sides. The wider the range, the wider the stop loss distance grows with it, and when it overlaps with a data release time, execution error grows.
This is community learning material and is not investment advice, a personal recommendation, or a solicitation to trade. The conditions organized here are a conceptual explanation, and the actual behavior and setting values have to be checked against the version provided and its configuration documents. No rule guarantees a profit, a loss limit, or a fill at the intended price.
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