分类:10RBOM

Also called BOM open, also a TRO. Market went above 1H and then 1L and then coming back. Expect market to BO above the H or below the L, and look for MM. Keys to define a 10RBOM:

  • If the pattern has less than 10 bars (but at least 5), it is less reliable.
  • If the opening range is more than 50% of average day's range (ideally between 30% and 50%), the BO is probably not going to lead to a MM, it probably will simply be a TRD.
  • If BO happens late after 1pm EST, TR more likely[1]

See also 18RBOM.

子分类

本分类有以下4个子分类,共有4个子分类。

1

分类“10RBOM”中的页面

以下13个页面属于本分类,共13个页面。