Trading is easy ,if you know how to keep it simple.
Sunday, April 20, 2008
Opening range
Opening range play a very important role in day trading. Often opening range high (ORH) & opening rage low act as support or resistance (ORL). In this example we can see that as the ORH has been taken out it become a support for the time being.
2 comments:
Anonymous
said...
HI PRD,
I discovered your blog and I like your trades, links, comments and photos.
What time frame are you trading currently ?
I also traded WD on Friday on 3rd bar hammer reversal on 10m and 5ema support.
Ty javier for ur nice comment.I trade on 5 & 15 minute charts. Good setups will appear on any time frame.I didn't trade WB,this was to illustrate the OR & s&r.I welcome requests or advises from readers.
2 comments:
HI PRD,
I discovered your blog and I like your trades, links, comments and photos.
What time frame are you trading currently ?
I also traded WD on Friday on 3rd bar hammer reversal on 10m and 5ema support.
Ty javier for ur nice comment.I trade on 5 & 15 minute charts. Good setups will appear on any time frame.I didn't trade WB,this was to illustrate the OR & s&r.I welcome requests or advises from readers.
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