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Structure of Price Action: Trading the Opening Range

BATS:SPY   SPDR S&P 500 ETF
788 2 0
This was an actual intraday trade on the $SPY that I took, and felt, it could be presented as an excellent example for trading the opening range, something retail traders struggle with. The chart should explain the basics of trading the opening range.
BEI
3 years ago
clear and simple, perfect! i'd add the 10h30 range is a nice set up to identify daily resistances and supports, Prices move accordingly to this range + fibo retracements. I will add an example if i see one today. Thank you.
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BEI BEI
3 years ago
Ths is what i am talking about, amplitude depends of volatility and leader
snapshot
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