Educational content only. Not financial advice. Markets involve risk. Trade responsibly.
This article is designed to be actionable. If you searched for the topic, use the steps below as a repeatable routine rather than a one-time read.
Key takeaways
Understand the basics of the ORB strategy and its benefits for intraday trading.
Learn how to identify key levels in the opening range.
Implement a simple checklist for evaluating setup quality before entering trades.
Why this matters
The ORB strategy can help you capitalize on market momentum and volatility, allowing you to make more informed trading decisions and potentially increase your profitability.
The simple framework
Identify the opening range and key levels within it.
Evaluate setup quality using a checklist.
Enter trades based on breakouts of identified levels.
Manage your risk and position size appropriately.
Quick checklist (copy/paste)
Identify the opening range and key levels.
Evaluate setup quality using a checklist.
Enter trades based on breakouts of identified levels.
Manage your risk and position size appropriately.
Common mistakes
Ignoring the importance of setup quality.
Entering trades too early or too late within the opening range.
Neglecting to manage risk and position size effectively.
FAQ
What is the Opening Range Breakout (ORB) strategy?
How can I identify key levels in the opening range?
What should I consider when evaluating setup quality?
How do I manage my risk and position size effectively?