How to Trade the Opening Range Break | SPY & ES Live Trade Recap

The opening range break can be a profitable day trading strategy and studies have shown that it actually outperforms the S&P500.

In this video, Kyle shares some details on how he traded ES futures using an opening range break strategy.

The particularly setups used in this video should be in every trader's playbook. Basic intraday breakout play that works nicely when paired with other trading tenets.

This setup was a straightforward trade, as we have seen quite frequently in the current market environment.

As always, with a little patience a trade idea can be simplified by staying objective and watching price action unfold on the chart.

No special indicators were used here. Simply waiting for the setup to develop and then capitalizing on the trade opportunity the moment it presented itself.

In this trade, ES futures were used to execute the idea.

#TradeReview #Daytrading #futurestrading #Trading

[DomDFitness]

Superior breakdown that shows great experience, lovely stuff here!

[sadramistes]

Nice one! I also jumped into the pre-market on 30/6 when we had something similar :)

[dr_zhasanov]

How to catch trend days like this to trade the Opening Range Breakout? This strategy is very simple to trade but it is difficult to filter stocks and special trend days for this strategy? Please can you help me?

[whotfismisha]

Nice trade. Makes sense why you got in so early in the session.