Day Trading Blog: Trading Plan: Opening / Range Strategy

Saturday, February 5, 2011

Trading Plan: Opening / Range Strategy

With 75% accuracy you can buy the opening price in an uptrend or at opening price -10 ticks anytime. Simple rules to take profit at plus 10 ticks and to set a breakeven stop after 40 Minutes make it a very profitable strategy.

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Trade at your own risk. The information provided here is for Education only and is of a general comment only and neither purports nor intends to be, specific trading advice. It has been prepared without regard to any particular person's investment objectives, financial situation and particular needs. Information should not be considered as an offer or enticement to buy, sell or trade. You should seek appropriate advice from your broker, or licensed investment advisor, before taking any action.

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