ORB LEVELS
Focus on ORB levels 5m, 15m and 30m.
Don’t rush into a play. Puts when it broke the 5m orb in the morning. Calls when it broke back into the 30min ORB. Stop loss below the 30m orb. If you’re in calls you aim for the 15m orb and if that breaks and holds, next target is the 5m ORB. Once breaks out to the upside look for that gap to touch. Scale out of positions accordingly.
Having your risk management is a key.
Just a simple lesson I wanted to share with y’all.
Hope you have a great rest of your trading day.
Don’t rush into a play. Puts when it broke the 5m orb in the morning. Calls when it broke back into the 30min ORB. Stop loss below the 30m orb. If you’re in calls you aim for the 15m orb and if that breaks and holds, next target is the 5m ORB. Once breaks out to the upside look for that gap to touch. Scale out of positions accordingly.
Having your risk management is a key.
Just a simple lesson I wanted to share with y’all.
Hope you have a great rest of your trading day.
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Teaching how to trade off of TA
Respect your capital and securing profits
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NUKIE76 : good info thanks for putting that out there.
KewlChick : Thank you for the lesson on discord last night about ORB levels. Definitely worth it.