breakouts

Trading Opening Breakouts & Reversals by Al Brooks

50% of strong moves on the open fail and reverse, by the 18th bar there is a 90% chance that the High or Low of the day has formed.

Al Brooks gave a presentation using a broad selection of slides from the Trading the Open video series in the How to trade price action trading course.

Trading breakouts of the 18 bar range Trading failed breakouts of yesterday’s high or low The Brooks Trading Course is the most comprehensive source of information on reading and trading price charts.]

  • 50% of strong moves on the open fail and reverse
  • By the 18th bar, there is a 90% chance that the H or L of the day has formed
  • Trading Opening Range breakouts (Breakout Mode opens)
  • Trading breakouts of the 18 bar range
  • Trading failed breakouts of yesterday’s high or low
trading opening breakouts
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