Gold Trading Strategy – New York Open Range Breakout Scalping | Page 3 | Crypto Craft

Options

Go to
Permalinks
Print Thread

Related Instruments

Gold/USD

Similar Threads

Open Scalping Strategy 601 replies

strategy builder/tester for new scalping strategy 1 reply

1M & 5M Scalping System (Scalping Paradise) 21 replies

New York close to Asian open Strategy 6 replies

My experiment with the New York Breakout Strategy 19 replies

Attachments: Gold Trading Strategy – New York Open Range Breakout Scalping
Exit Attachments

Gold Trading Strategy – New York Open Range Breakout Scalping

  • #41
  • Feb 26, 2026 1:41am Feb 26, 2026 1:41am
Quoting since80808
{quote} One more question please Why do you enter here? No engulfing, no strong rejection, no drop-base-drop, even no strong bullish bar. P.S. My vision if you don't mind: {image}
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 2 KB


i call it fractal alignment..price pullback to fvg and on its way it created bearish fvg..now we not only need a rejection from bullish fvg but also need to disrespect the bearish fvg. So we see for the first candle that tap into bearish fvg and mark its high..(red line in the img). Now we need to override that high by closing above it...you notice the following candles (yellow lines) and see that price gets rejected couple of times. But as the high gets broken you know auction accepting higher prices is your initial signal that the bearish fvg got disrespected. You can place order or wait for candle to close outside red line.

Remember: we trading on a random principle. Maintain risk.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_20260226-133341_Chrome.jpg Size: 114 KB
  • #42
  • Feb 26, 2026 3:44am Feb 26, 2026 3:44am
Try this video if you keep changing stratergy after loss.
Inserted Video
  • #43
  • Feb 26, 2026 6:34am Feb 26, 2026 6:34am
Quoting tiptoptrade
changing stratergy after loss
How long are you with this strategy? How do you calculate the strategy W:L ratio if you bend your own first post rules almost every time?
Just an opinion. Based on research
  • #44
  • Feb 28, 2026 4:10pm Feb 28, 2026 4:10pm
Quoting tiptoptrade
After 15 years of trading experience, trying indicators, EAs, price action systems, and almost every “holy grail” method available… I consistently lost money. Not because the market was impossible. But because I was not systematic. Everything changed when I studied trading psychology from renowned trading psychologists like Mark Douglas, author of Trading in the Zone. That’s when I realized: I cannot trade all day and expect to win. I must accept uncertainty. I need a strict capital management system. I need ONE repeatable edge. So I chose my poison....
cool broo
  • #45
  • Mar 1, 2026 5:35am Mar 1, 2026 5:35am
A FVG pattern forms when there's a gap between the high of the first candle and the low of the third candle. I haven't seen any similar formations in the attached screenshots. But couldn't we simply say that the price, for example, must break out to the upside, retrace its steps without breaking through the lower level, and then rebound back up again, like in a 1-2-3 pattern like in Elliot Waves?
  • #46
  • Mar 3, 2026 4:52am Mar 3, 2026 4:52am
Great strategy! I really appreciate the focus on precision over frequency and the structured 3-confluence approach.
I've been trading XAUUSD for 2+ years with a similar session-based edge, and I learned one critical lesson: **gold price changes dramatically** (e.g. $2000 → $3000), which means fixed $ risk doesn't give you consistent exposure.

Here's what I added to make position sizing more robust:
1. **ATR-based lot calculation** My CalcLotByRisk() function adjusts lot size based on current ATR, so I maintain consistent risk exposure regardless of whether gold is at $2000 or $5000.

2. **Spread-to-ATR gate** I filter out trades where spread/ATR > 0.35. This saved me from countless high-cost trades during low volatility periods. NY Open usually passes this gate easily due to high ATR.

3. **Dynamic SL using ATR multiplier** Instead of fixed pips, I use 2.0x ATR for SL. This adapts automatically when volatility changes.

I just wrote an article on MQL5 about this exact topic: "Dynamic Position Sizing for Gold Trading Using ATR" (submitted for review, should be published soon).
Your 70% partial at 1:1 is smart I do something similar but based on ATR-adjusted targets.
Would love to hear your thoughts on adapting your 9:25-9:29 range to ATR-based sizing. Have you noticed spread eating into profits during certain sessions?
  • #47
  • Mar 3, 2026 9:10am Mar 3, 2026 9:10am
Can you please check this situation and if you can please explain what you can do so I can understand your points please
Attached Image (click to enlarge)
Click to Enlarge Name: IMG_0877.jpeg Size: 58 KB
  • #48
  • Mar 5, 2026 1:33am Mar 5, 2026 1:33am
Framework Update!! (Read Carefully)
1. Design Range High Low
Est 9:30-9:35 (1m chart)
2. Wait for valid breakout & Close
9:36-9:50 (end session)
Entry Checklist:
Rule 1. Candle size
Candle Body Size >60% of total Range
Rule 2. Candle Open- Close Range > ATR(14)×1.6
See image...
- Candle Body size is 151 pips. Candle closes near Low validates Rule 1
- 151 pips> 128 pips also Validates Rule 2
If Both Rule Valid,
Place Sell.
Stop Loss above 5 minute Range high/swing high of internal Structure (whichever is closer).
TP 1: close 50% @1:2 R
immediately bring SL to BE+50% of 1:1 R
TP 2: 1:3 R
Journal 90 Days:
- no adjustment
- no emotion
- precision entry
Remember, Our Target is not to track profit/Loss
But, Our Target is to NOT change the System
Reason why we lose money:
- Change system
- Random trading, Revenge (emotional damage)
- Fail to wait for edge to play out
Happy Trading Journey!
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_20260305-125339_MetaTrader 5.jpg Size: 57 KB

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_20260305-131226_Notion.jpg Size: 13 KB
  • #49
  • Mar 5, 2026 1:52am Mar 5, 2026 1:52am
Framework Update!! (Read Carefully)
Design Range High Low
Est 9:30-9:35 (1m chart)
Wait for valid breakout & Close
9:36-9:50 (end session)
Checklist:
Rule Candle size
Candle Body Size >60% of total Range
Rule Candle Open- Close Range > ATR(14)×1.6
See image...
- Candle Body size is 151 pips. Candle closes near Low validates Rule 1
- 151 pips> 128 pips also Validates Rule 2
If Both Rule Valid,
Place Sell.
Trade Management
Stop Loss above 5 minute Range high/swing high of internal Structure (whichever is closer).
TP 1: close 50% @1:2 R
immediately bring SL to BE+50% of 1:1 R
TP 2: 1:3 R

Journal 90 Days:
- no adjustment
- no emotion
- precision entry

Our Target is NOT to track profit/Loss
But, Our Target is NOT to change the System

Why we lose money:
- Change system
- Random trading, Revenge (emotional damage)
- Fail to wait for edge to play out

Attachment g
Attachment g

.
Why 9:30–9:35 Works?
Understanding What Institutions Actually Do at the Open
Many traders treat the New York Open Range Breakout (ORB) like a random pattern.
In reality, the 9:30–9:35 window works because of market microstructure and institutional order execution.
To understand why the range forms and why breakouts can move explosively, we must first understand what happens when the market opens on the New York Stock Exchange.
1. The Opening Auction (9:30:00)
Before continuous trading begins, the exchange performs an opening auction.
During this phase:

  1. Overnight orders accumulate
  2. Institutions submit Market-on-Open (MOO) orders
  3. Funds submit Limit-on-Open (LOO) orders
  4. Overnight news and macro positioning get priced in

All of these orders are matched at a single opening print.
Because of this, the first trades after 9:30 often begin with large buy/sell imbalances.
This is why you frequently see a strong impulse in the first minute candle.
But that is only the beginning.
2. Institutions Cannot Enter Full Size Immediately
Large funds cannot simply press buy or sell with their full position.
For example:
If a fund wants to buy $200 million worth of stock, sending one market order would:

  1. Move the price aggressively
  2. Cause massive slippage
  3. Reveal their intentions to the market

Instead, institutions use execution algorithms.
Typical methods include:

  1. VWAP execution
  2. TWAP execution
  3. Liquidity-seeking algorithms

These algorithms slice large orders into hundreds or thousands of smaller orders.
This process takes time.
3. The First 5 Minutes = Liquidity Discovery
Between 9:30 and 9:35, the market is in what professionals call a price discovery phase.
During this phase institutions are:
• Testing liquidity
• Measuring order flow
• Absorbing opposing orders
• Adjusting their position size
You will often see:

  1. Large volume spikes
  2. Fast price movements
  3. Quick rejections
  4. Stops getting triggered

This is not random volatility.
It is the market searching for liquidity.
4. Why a Range Forms
The opening range forms because two forces are fighting for liquidity:

  1. Retail traders entering with market orders
  2. Institutions entering with passive limit orders

Example:
Retail traders chase momentum and buy aggressively.
Institutions who want to sell into strength place large limit sell orders.
Result:

  1. Price pushes up
  2. Large sell orders absorb the move
  3. Price stalls

This creates the upper boundary of the opening range.
The same process happens on the downside.
After several minutes, the market forms a temporary equilibrium zone.
This is your Opening Range.
5. Why Breakouts From This Range Can Explode
Once the market finishes early positioning:
Two things happen.
Liquidity above and below the range becomes obvious
Stop orders accumulate around those levels
When price breaks the range:

  1. Stop orders get triggered
  2. Momentum traders jump in
  3. Algorithms accelerate the move

This creates the fast expansion phase.
This is why ORB moves often happen suddenly and violently.
6. Why the 9:30–9:35 Window Is So Important
The first five minutes contain:
• Maximum liquidity
• Institutional order adjustment
• Stop placement
• Directional discovery
After this period:

  1. Early positioning is largely complete
  2. The market has defined its initial balance

That is why many professional traders focus on the first 5-minute range.
It represents the battle between liquidity providers and liquidity takers.
7. What This Means for ORB Traders
When you trade the opening range breakout, you are not trading a pattern.
You are trading the moment when:

  1. Institutions finish their early positioning
  2. Liquidity pools are identified
  3. Stop clusters are ready to trigger

The breakout is simply the release of that pressure.
Final Thought
The opening range is not magic.
It is simply the footprint of institutional order execution during the most liquid moment of the day.
Understand that process, and the ORB becomes much more than a breakout strategy — it becomes a window into how large players build positions.

  • #50
  • Mar 5, 2026 1:58am Mar 5, 2026 1:58am
Quoting since80808
{quote} One more question please Why do you enter here? No engulfing, no strong rejection, no drop-base-drop, even no strong bullish bar. P.S. My vision if you don't mind: {image}
Thanks for your query. If you are still following me I made major update to the system and the reason is obvious. Please read the updated thread. Changes in the update:
*Range Time updated for precision
*why Range works?
*Precise entry rule using Breakout Candle size and ATR comparison

You still have questions? please shoot!!

Happy trading!
  • #51
  • Mar 5, 2026 2:07am Mar 5, 2026 2:07am
Quoting seanmnemox
Great strategy! I really appreciate the focus on precision over frequency and the structured 3-confluence approach. I've been trading XAUUSD for 2+ years with a similar session-based edge, and I learned one critical lesson: **gold price changes dramatically** (e.g. $2000 → $3000), which means fixed $ risk doesn't give you consistent exposure. Here's what I added to make position sizing more robust: 1. **ATR-based lot calculation** My CalcLotByRisk() function adjusts lot size based on current ATR, so I maintain consistent risk exposure regardless...
great! I solely rely on understanding the candle strength vs current ATR. I tweaked the main thread post accordingly. It now has precise ATR based condition must be met. Feel free to have a look.

Your ATR traiking logic is next level!
  • #52
  • Mar 5, 2026 2:18am Mar 5, 2026 2:18am
Quoting flashpaul
A FVG pattern forms when there's a gap between the high of the first candle and the low of the third candle. I haven't seen any similar formations in the attached screenshots. But couldn't we simply say that the price, for example, must break out to the upside, retrace its steps without breaking through the lower level, and then rebound back up again, like in a 1-2-3 pattern like in Elliot Waves?
please read the updated thread for entry framework.

Regards
  • #53
  • Mar 6, 2026 1:05am Mar 6, 2026 1:05am
Quoting tiptoptrade
{quote} great! I solely rely on understanding the candle strength vs current ATR. I tweaked the main thread post accordingly. It now has precise ATR based condition must be met. Feel free to have a look. Your ATR traiking logic is next level!
Thanks! ATR-based sizing was a game changer for Gold the volatility swings are too wild for fixed lots. Glad you added the ATR condition, makes a lot of sense. Looking forward to seeing the updated results.
  • #54
  • Mar 6, 2026 7:18am Mar 6, 2026 7:18am
Quoting tiptoptrade
After 15 years of trading experience, trying indicators, EAs, price action systems, and almost every “holy grail” method available… I consistently lost money. Not because the market was impossible. But because I was not systematic. Everything changed when I studied trading psychology from renowned trading psychologists like Mark Douglas, author of Trading in the Zone. That’s when I realized: I cannot trade all day and expect to win. I must accept uncertainty. I need a strict capital management system. I need ONE repeatable edge. So I chose my poison....
So, this strategy only involves selling and has no rules for buying, correct
  • #55
  • Mar 6, 2026 9:21am Mar 6, 2026 9:21am
Quoting mmo24h
{quote} So, this strategy only involves selling and has no rules for buying, correct
Thats not correct! You can buy and sell if you are within time range. Execution time 9:35-950 est if you are using advanced expansion model. This model range needs to be drawn 9:30-9:32 (1st 3 minute high low range)... Unlike main thread model, expansion model uses first 3 min high low and wait for 9:30 price print to liquidate stop loss also trigger stop orders then either reverse or continue. To measure that you need maths:
- candle size needs to be cover at least 60% of total candle range (the breakout candle that close outside or the reverse candle after the breakout.
- rule 2: that candle pip range(open- close)>ATR×1.6

See the xauisd NY breakout Trade taken a while ago...
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_20260306-211303_MetaTrader 5.jpg Size: 34 KB
  • #56
  • Mar 7, 2026 6:50am Mar 7, 2026 6:50am
Quoting tiptoptrade
{quote} Thats not correct! You can buy and sell if you are within time range. Execution time 9:35-950 est if you are using advanced expansion model. This model range needs to be drawn 9:30-9:32 (1st 3 minute high low range)... Unlike main thread model, expansion model uses first 3 min high low and wait for 9:30 price print to liquidate stop loss also trigger stop orders then either reverse or continue. To measure that you need maths: - candle size needs to be cover at least 60% of total candle range (the breakout candle that close outside or the...
How to determine the entry poin
  • #57
  • Mar 7, 2026 8:06am Mar 7, 2026 8:06am
Quoting tiptoptrade
After 15 years of trading experience, trying indicators, EAs, price action systems, and almost every “holy grail” method available… I consistently lost money. Not because the market was impossible. But because I was not systematic. Everything changed when I studied trading psychology from renowned trading psychologists like Mark Douglas, author of Trading in the Zone. That’s when I realized: I cannot trade all day and expect to win. I must accept uncertainty. I need a strict capital management system. I need ONE repeatable edge. So I chose my poison....
What country and city are you in? What is your time zone? How should I understand your statement about the New York market opening time being 9:30-9:35? Also, your post hasn't been updated; I wonder how your trading with this strategy is going?
  • #58
  • Mar 7, 2026 8:44am Mar 7, 2026 8:44am
Quoting qinshan
{quote} What country and city are you in? What is your time zone? How should I understand your statement about the New York market opening time being 9:30-9:35? Also, your post hasn't been updated; I wonder how your trading with this strategy is going?
Its irrelevant what country or time-zone you are in - NY is the financial capital and markets are highly sensitive upon the opening bell of NY trading hours.
- Liquidity and volatility gets pumped into the market at certain trading sessions, which is NY, London and Asia - you pick the session most suited to your location(based on local trading hours, as you dont wanna be trading 3AM at locally)

Each session have its own characters, you need to study these characters and build a model based on that - in my opinion, the Asia session is the most difficult, because its a session that often gets swiped, but not always (Asia session tend to create a weak low/high, which either London or NY session like to swipe)

There are no easy sessions, but NY is often most manageable, because London tend to do the dirty work, while NY most of the week provides continuation.

If you are on tradingview, change your timer on the chart to NY which is UTC+4 or 5, depends on summer/winter timing, this way, you can point on your chart to see when NY pre-session start, 7am NY time and NY opening bell start, 9:30am NY time, based on those settings, you also have London starting at 2am NY time and Asia, 18:00 NY time - all sessions have pre-market, AM session and PM session - these characters are based on local time of that sessions geography.

Not sure if I explained this well, English is not my first language and its a long time since I taught this to others, but this information is vital for any trader, or you are just blind among dangerous sharks that look to eat you whole(the sharks are not other traders, but market makers and the algorithm)
A fool prays for an easier road, a wise man prays for stronger legs
  • #59
  • Mar 8, 2026 1:29am Mar 8, 2026 1:29am
Quoting Riziq-Cap
{quote} Its irrelevant what country or time-zone you are in - NY is the financial capital and markets are highly sensitive upon the opening bell of NY trading hours. - Liquidity and volatility gets pumped into the market at certain trading sessions, which is NY, London and Asia - you pick the session most suited to your location(based on local trading hours, as you dont wanna be trading 3AM at locally) Each session have its own characters, you need to study these characters and build a model based on that - in my opinion, the Asia session is the...
Yes! I agree with you. We have to have a execustion model that works on a predefined window. Session open has the potential. Est 9:30 to 9:32 (1st 3 candles) tells exactly that. As the session open we see price balancing itself, triggering Stop Orders. Now you need a execution plan. Price is mostly a manipulation game. A classic NY manipulation often triggers stops then reverse or continue. ATR plays huge role in identifying whether the move has the violence. We do that if we see the potential candle >ATR×1.6. This is industry standard that anything above or equal to ATR ×1.6 not only a violence but a good one.

You need to underrstand the context over candle environment. You will notice price has its DNA. You can't learn the DNA if you keep changing rules. You restrict so you can allow the market to play our edge. Edge comes from planning to observe the DNA movement micros. They have tendencies needs precise observation.

Finally, you are correct on how to do it. We all know the rules. But what we misread is we think we are successful only if we can become profitable. The truth is we first need to develop a habit to execute only within a window. Or the price is so random that we no longer will be able to make the system profitable. Because Random principle applies to randomness. House wins!!

2ndly, we keep doing the execution over atleast 90 days. No weekly adjustment, no mid week tweak. We do the journal & our maon goal is not proft/loss. In stread we confront we dont change the system. It’s that moment market SHOW you the pattern. With experience and control you become adept.
  • #60
  • Mar 8, 2026 3:04am Mar 8, 2026 3:04am
Quoting Alex38172
Yes, I saw about this strategy on YouTube, but it was said to be from 9:30 to 9:35, that is, 5 minutes after the session opens. During this time, there is a struggle between sellers and buyers, and if there is a breakout upwards, it means the buyers are stronger, and that is what we work from.
It normally best to use a bot that combines multiple filters and indicators to determine the true direction of the market and thus executes yout trade as such
0 traders viewing now