As many are seeking disclosure of strategy, I would give a hint as to what the strategy is all about.
Please go through Opening Range Breakout Strategies by Toby Crabel. Some write up is given in this link http://beforeitsnews.com/financial-...offers-signals-for-quick-profits-2499394.html The strategy is modified with some rules readymade for my convenience and risk taking capacity. My rules may not be suitable for other traders hence not interested to detail about them atleast for the time being.
My suggestion is that - experiment with strategies outlined by Toby Crabel by changing some parameters like timeframe, breakout entry points, exiting the trade on SL hits / hit of targets, number of lots to be played. I am sure you would find a strategy which is profitable and more importantly suitable to your temparament.
Please go through Opening Range Breakout Strategies by Toby Crabel. Some write up is given in this link http://beforeitsnews.com/financial-...offers-signals-for-quick-profits-2499394.html The strategy is modified with some rules readymade for my convenience and risk taking capacity. My rules may not be suitable for other traders hence not interested to detail about them atleast for the time being.
My suggestion is that - experiment with strategies outlined by Toby Crabel by changing some parameters like timeframe, breakout entry points, exiting the trade on SL hits / hit of targets, number of lots to be played. I am sure you would find a strategy which is profitable and more importantly suitable to your temparament.
Day Trading With Short Term Price Patterns and Opening Range Breakout. The linked article says this book is no longer available. It would be so nice if the people who have read this book can share their thoughts on this ORB system suggested by Toby Crabel .