Strategy 11: 5-Minute Opening Range Breakout
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Strategy 11: 5-Minute Opening Range Breakout
Level: Beginner
Experienced Instructor
About This Lesson
Price breaks out of the opening range of the previous candle, with the upper and lower boundaries defined by the high and low of the first 5-minute candle. This breakout strategy helps traders identify potential price movement direction following the initial market opening.
Downloads
- 5 - Minute Opening Range Breakout
- TradeBook: 5 - Minute Opening Range Breakout
Presented by
Carlos Moreta
Carlos Moreta, a full-time day trader and respected moderator at Bear Bull Traders, was introduced to day trading through Andrew Aziz's How to Day Trade for a Living. After completing Bear Bull Traders’ training courses, he transitioned to live trading in January 2018, drawing on his 12 years of experience in logistics and customer operations management to pursue his true passion for trading.
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Carlos Moreta Course at Trading Terminal Academy
Become a Profitable Day Trader: Step-by-Step Strategies for Beginner Traders
This course is designed for beginners in day trading, providing you with reliable strategies to navigate the markets confidently. Led by an expert trader, you'll learn to identify opportunities, time entries and exits, and maximize profits through interactive lessons, case studies, and practical exercises.
Download a copy of the presentation in PDF format here.