Free lessons › Opening Range Breakout › OR Setups
Replay: 5 ORB sessions
Compare clean ORBs to traps.
15 min · Intermediate
What you'll learn
- Classify opening range sessions as clean breakouts, traps or no-trade days.
- Apply day-type clues, the retest plus two-close pattern and the failed-breakout rules together.
- Enforce the 2R rule even when the pattern itself is correct.
Key takeaways
- Clean ORBs and traps look alike at the first break; the follow-through tells them apart.
- Day-type clues shape whether breakouts or fades are more likely to work.
- A correct read with less than 2R of room is still a pass.
- No retest means no setup, even if the breakout was real.
- Passing on most mornings is a normal, healthy outcome.
Glossary
- ORB — Opening range breakout: a trade taken when price breaks and holds beyond the opening range.
- ORB trap — A break of the opening range that quickly fails and reverses back inside.
- Read vs. plan — Grading whether you identified the pattern correctly separately from whether the trade plan met the rules.
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