August 25, 2015
Trades & Tutorials
By Geoff Bysshe
When the market has wild intra-day swings there are some simple day trading tactics that you can use to protect yourself from getting caught on the wrong side of the market, and position yourself for big gains with low risk entry points.
One of the day trading tactics I learned as a floor trader, and I use for both day trading and swing trading entries and exits, is to trade in the direction of the 30-minute opening range. If you do this correctly you’ll never get caught on the wrong side of a big trend day, and you can often buy near the low of the day and sell near the high of the day.
In this video I show you how to get started with trading tactics for trading with the direction of the opening range.
One of the reasons this tactic works so well is because it leverages the fear and greed of the intra-day market player. As a result, it becomes even more accurate and powerful when the markets become increasingly more volatile as they have recently.
To learn more about how to trade intra-day market reversals like buying near the low of the day using opening range tactics go to: www.marketgauge.com/orr/