Opening Range Breakout Strategy The Opening Range Breakout (ORB) is a classic trading strategy designed to capitalise on volatility during the first few minutes following the market's opening bell. Rooted in principles laid down in the 1960s, the strategy remains relevant today for both stock and forex markets. This article dives deep into the ORB strategy and...
Today, I’ll tell you about an amazing research study back from 2019 by a team of Taiwanese researchers, “Assessing the Profitability of Timely Opening Range Breakout on Index Futures Markets.” Takeaway: The study's results are compelling. Implementing the TORB strategy yielded over 8% annual returns across the tested markets. Remarkably, the TAIEX index...
The Opening Range has been traded for over 100 years. According to CQG developers, it was originally documented around the time Dow Theory was popularized. It is STILL documented by the Chicago Mercantile Exchange in their glossary & bulletin. At The PAX Group we track the lineage through PAX, to his mentor Judd who began trading in the 70's in the currency...