Back to www.cobrasmarketview.com |
The three which are commonly used, and for which database info stretches back at least ten years in most software applications, are the OR-15, OR-30, and OR-60. (Open to the 15min, 30min, or 60min mark.)K447 wrote:What time duration from market open do you use to define the 'opening range'?
.. and now well above, fresh HOD ca 271.65Daniel wrote:SPY running into resistance, in the 15min timeframe, at the (downslope) 200ema. (271.25)champix wrote:2702/2703 is resistance
Thanks for the clarification.Daniel wrote:The three which are commonly used, and for which database info stretches back at least ten years in most software applications, are the OR-15, OR-30, and OR-60. (Open to the 15min, 30min, or 60min mark.)K447 wrote:What time duration from market open do you use to define the 'opening range'?
Some people use the first 2min bar or 5min bar as an OR on an individual stock, watching which way price breaks that first 'range' to quickly measure market sentiment on it when the stock has a huge news-driven or earnings-related gap.
I also utilize first 60 minutes for opening range of the day. And every sixty minute block after that, from :30 past the hour to :30 past the next hour. For me, the hourly bars end at the bottom of each hour.Trades with cats wrote:Three minutes to go for setting the opening range ...
As Al Dente would say:K447 wrote:What time duration from market open do you use to define the 'opening range'?
/ ... /
Thanks for the clarification.
Daniel wrote:As Al Dente would say:K447 wrote:What time duration from market open do you use to define the 'opening range'?
/ ... /
Thanks for the clarification.
fwiw… yeah I know it's ZH .. but those charts are a tad similar…fehro wrote:champix wrote:GM,
On a daily basis I will bet on the long side, if the S&P500 manages to stay in its black channel.
champix wrote:Unstopable ?
@AnthonyCrudele uses the closing of the first hour bar as a key ingredient for his trading strategy. Keep in mind he swings and daytrades serious size.Daniel wrote:The three which are commonly used, and for which database info stretches back at least ten years in most software applications, are the OR-15, OR-30, and OR-60. (Open to the 15min, 30min, or 60min mark.)K447 wrote:What time duration from market open do you use to define the 'opening range'?