📈 Opening Range Breakout Trading Strategy

Capitalize on momentum during high-volatility hours by using this powerful intraday breakout method focused on the European session.

Step 1:

Identify the high and low during the 30 minutes before the London open (2:30–3:00 AM ET).

Step 2:

Watch for a breakout ±10 pips (or 1/10th ATR) and hold above or below that range for 10–15 minutes.

Step 3:

Manage directional bias using 1–5 minute charts and a mix of:

  • Moving Averages: 13 SMA, 144 EMA, 169 EMA
  • Oscillators: RSI, Stochastics, CCI
📌 Key Considerations
  • Avoid trading around major news announcements.
  • Pay attention to session open/close times and option expirations.
  • If ATR is met early in the week, consider reversals later on.
Pro Tip: If the ATR hasn't been reached by midweek, look out for strong movements on Thursday and Friday. If it has, late-week trades may show false breaks or reversals.