Opening Range: Breakout Strategy For Beginners

The opening range breakout (ORB) is a well-established trading strategy for stock day traders.

This post details observations while trading the ORB on short-term time frames such as 1-minute, 5-minute, and 15-minute price charts.

After the opening bell, stock trading usually sees some of the most significant price swings of the day.

It’s not unusual for the first 30 minutes of trading set the tone for the rest of the session, determining whether it will be volatile with high volume or sedate with low volume.

There are various definitions of what the opening range means, but the most common is that it refers to the gap between the low and high price of the first 30 minutes of trading.

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