Trading The Open by Adam Ryan
The open of any trading day sets the tone for the rest of the trading day. Heres how you can take advantage of volatility at the open and generate profits from it.
The open is the most important time of the day for a trader. It is when both institutional and large traders alike show their hand. The open sets the tone for the rest of the day and if you can understand the open, profits will come much easier. For novice traders, the added volatility at the open can be slightly intimidating, but in this article, I intend to show you that the added volatility can create more opportunity. You no longer have to wait an hour or more for the market to set up. If the opportunity presents itself, you can start trading well before the market sets up. I have also included three detailed setups that I use when trading the open ...