Open Range Scalp Trading System
Time Sensitive Method
This method it’s easy It differs from the usual notions of opening range breakouts in that profits are taken so quickly that the trade lasts no more than 1 minute.
Pairs: Major with spread < 0.0001 (EUR/USD).
Enter on a buy stop 1 pips above the high of the first 15 min range or Enter on a sell stop 1 pips below the low of the first 15 min range.
close out positions on an immediate 5-pips profit.
exit for loss on a 5 pips loss from entry or, exit if trade is open for more then one minute.
On being stopped out, look for the usual breakout in the opposite end of the opening range. I Same exit rules apply.
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