Markets are just ripping today. All time highs again. Insane! Lost $1.09 on the S&P500 but made it up with Nasdaq and Dow Jones profits what a crazy month!

Why Smart Traders Watch the First Hour (Initial Balance Guide)

Today's trades. Profits on all three indexes. The recovery has been insane.

Why Smart Traders Watch the First Hour (Initial Balance Guide)

Not really sure at what I'm looking here or how to read it. Can you give us a walk through?

Why Smart Traders Watch the First Hour (Initial Balance Guide)

Gotcha so you're using order flows to determine the price range.

Why Smart Traders Watch the First Hour (Initial Balance Guide)

Rfastrat how do you personally in your trading, use price to define a range?

Why Smart Traders Watch the First Hour (Initial Balance Guide)

Today's trades. Only S&P and Nasdaq trades.

Why Smart Traders Watch the First Hour (Initial Balance Guide)

Awesome thank you for clearing all this up for us. I did also recently stumbled on to the pre-market low volume range but havent had the time to test any variations or anything. My range break out strategy seemed to work when markets were in a ...

Why Smart Traders Watch the First Hour (Initial Balance Guide)

So, this post has a lot of the indicators of AI written text. Which is okay, not putting it down or anything but would you care to simplify or tell us in your own words the following: Where and how did you run these tests? Python? If so can you ...

Why Smart Traders Watch the First Hour (Initial Balance Guide)

Happy Monday! Today's trades. Only a Dow Jones Long since S&P and Nasdaq didnt meet range size criteria. image

Why Smart Traders Watch the First Hour (Initial Balance Guide)

Small profit today. S&P500 short stopped out and two profitable trades with Nasdaq and Dow Jones positions.

Why Smart Traders Watch the First Hour (Initial Balance Guide)

Yeah I'll try. I have to make more tweaks to it. For example it was using the current H4 change instead of the previous one. I kinda like doing the previous H4 candle better.

Trading system using relative strength

Today's trades. Dow Jones didnt meet the range size criteria so no trades were taken. Same as yesterday, none of the ranges met the size criteria so no trades were taken yesterday on all three indexes.

Why Smart Traders Watch the First Hour (Initial Balance Guide)

Today's trades. Only Dow Jones and S&P500. I had some problems with the VPS didn't think the trades were taken, came back later and opened MT5 with the EA still on and triggered positions again. Closed those quickly as soon as they broke even.

Why Smart Traders Watch the First Hour (Initial Balance Guide)

Today's trades.

Why Smart Traders Watch the First Hour (Initial Balance Guide)

Today's trades. Only a small Dow Jones short. S&P and Nasdaq didnt meet the range size criteria.

Why Smart Traders Watch the First Hour (Initial Balance Guide)

Today's trades. Nasdaq range didnt meet the size criteria so no trade was taken even though there was a huge opportunity there.

Why Smart Traders Watch the First Hour (Initial Balance Guide)

Hey man thanks for sharing this. So, I have a few follow up questions if you dont mind: You trade opening range all across the board? Meaning on all instruments? Looking at your dashboard: The "AVG" is the average amount of pips or points that the ...

Why Smart Traders Watch the First Hour (Initial Balance Guide)

Today's trades. S&P 500 didnt take because the range size was not within size criteria.

Why Smart Traders Watch the First Hour (Initial Balance Guide)

More backtesting results: Back Test 007 Parameters: BO Session Start: 16:30 BO Session End: 17:29 (1hr IB) Range Size Minimum: 15 Range Size Max: 25 Time to close trades: 20:00 Lot Size: 1% of Equity SL: Opposite of BO Range TP: 80% of SL Close ...

Why Smart Traders Watch the First Hour (Initial Balance Guide)

Okay guys I want to share results of a few back tests that I'm doing and would like some input from you guys on optimizing this strategy. Back Test 001 Parameters: BO Session Start: 16:30 BO Session End: 16:44 (15min ORB) Range Size Minimum: 15 ...

Why Smart Traders Watch the First Hour (Initial Balance Guide)