Traders Laboratory - View Single Post - Rangebound & Choppy Trading Days
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Old 08-23-2006, 12:04 AM
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Chart Post

Chart example of playing the break of the opening hour. Notice the range for the first hour was 27 points indicating a very choppy morning session.

In this chart we have two trading opportunities. The first one occurs in the morning after the breakout of the high. The second occurs in the afternoon selloff when the low is taken out. Both trades were good for over 30 points.


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