The ORB Strategy Made Easy

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  • Опубликовано: 21 дек 2024

Комментарии • 226

  • @steffanbrown4780
    @steffanbrown4780 Месяц назад +10

    This is the most thorough straight to the point explanation even a 3 year old can understand thank you!

    • @TradingDecoded
      @TradingDecoded  Месяц назад

      You’re welcome. I’m glad it was helpful.

  • @KingLeeInvestments
    @KingLeeInvestments Год назад +9

    Use Option/ALT V to make a vertical line on a TradingView chart. This video is gold.

  • @migch28
    @migch28 23 дня назад +2

    Thank you. This is a fantastic video. It finally ties components like ema, resistant/support, breakout, and retest for me ❤

    • @TradingDecoded
      @TradingDecoded  23 дня назад

      You’re welcome but be aware of analysis paralysis. That’s a lot of information to be watching while trying to make a trade decision.

  • @southernbelle4266
    @southernbelle4266 25 дней назад +1

    I'm very new to trading. After my first two weeks of paper trading I funded my account. I definitely need more experience and embarrassed to say what I've lost already. Definitely need more basic videos like this. Thank you for sharing, Jimmy

    • @TradingDecoded
      @TradingDecoded  25 дней назад

      I’m sorry to hear that you’re down but please know that we have all been where you are my friend. Losing money is part of the learning process unfortunately. Learn from your mistakes! Slow and steady.

    • @southernbelle4266
      @southernbelle4266 25 дней назад

      @ thank you. Not defeated just needing to hone my entry and exit. I appreciate the reply. I hope you get to feeling better

  • @jonathanheaden9982
    @jonathanheaden9982 Год назад +10

    To optimize this strategy, I use 4hr timeframe for bias, before the 30 min range breaks, I already know which direction price should breakout based on HTF bias.

    • @TradingDecoded
      @TradingDecoded  Год назад +3

      Sounds good my man. If it makes money that’s all that matters brother. Good stuff!

    • @johndoe-km5st
      @johndoe-km5st 5 месяцев назад +2

      Wym when you say 4hr time frame ..?

    • @michaelgmyhan6277
      @michaelgmyhan6277 Месяц назад

      The time frame selection on the candles for the chart of the underlying. Meaning the amount of movement inside each four hour period measured in candles. Hope this helps​@@johndoe-km5st

  • @keithsaunders3378
    @keithsaunders3378 2 года назад +7

    Commenting to support the channel! Thanks keep it up

  • @bryanspell
    @bryanspell Год назад +3

    Thank you for this easy-to-understand video. I'm going to try it in the near future.

    • @TradingDecoded
      @TradingDecoded  Год назад

      That’s awesome and you are very welcome. I hope it works out for you my friend.

  • @waltermorris5786
    @waltermorris5786 Год назад +1

    Excellent...I at one time knew about the first 30 minute range but could not recall if it was 30 minutes or one hour...thanks for the clarification.

    • @TradingDecoded
      @TradingDecoded  Год назад

      You're welcome! The orb can be played on many time frames to be honest. 3m, 5m, 30m and so on.

    • @johndoe-km5st
      @johndoe-km5st 5 месяцев назад

      @@TradingDecodedwhat do you mean when you say different time frames ..?

  • @paulkennedy4305
    @paulkennedy4305 Год назад +3

    Another video with experienced insights. Thank you. Paul

  • @Bm09132
    @Bm09132 2 года назад +3

    All i can say is wow... very easy to understand.. Thank you🤝

  • @TheeFibonaSki-FIBs-
    @TheeFibonaSki-FIBs- 2 года назад +10

    Great explanation. I love the orb I just modified it for my trading style

    • @TradingDecoded
      @TradingDecoded  2 года назад +3

      Which is perfectly fine brother. The issue is that there were a lot of questions and "loose" interpretations of what ORB actually meant so I figured I would at least set the foundation for it.

    • @tonytony-hz1cg
      @tonytony-hz1cg 7 месяцев назад +2

      how did you modify yours ??

    • @TheeFibonaSki-FIBs-
      @TheeFibonaSki-FIBs- 7 месяцев назад

      @@tonytony-hz1cgI do a 3 minute ORB.

  • @hmtempla
    @hmtempla 2 года назад +5

    Thanks Jimmy you are a good teacher.

  • @michaeldevlin6320
    @michaeldevlin6320 4 месяца назад +7

    Has been very effective on NQ last few weeks. Once NQ leaves the opening range it can run 100 handles no problem.

    • @TradingDecoded
      @TradingDecoded  4 месяца назад

      Good to know! Great work! Make that money!

    • @diego-fl4ze
      @diego-fl4ze 3 месяца назад

      Do u use 8:30 or 9:30 as market opens

  • @frogmccuish
    @frogmccuish Год назад

    Thanks so much Jimmy. I recently started trading using paper money, I did real well the first couple of weeks... then I lost almost all my gains and my confidence. I found your channel and subscribed immediately. Love your teaching method and pep talks. Thanks so much!

  • @trey9048
    @trey9048 2 года назад +4

    Love this strategy , thank you for all you do Jimmy!

    • @TradingDecoded
      @TradingDecoded  2 года назад +1

      Its a pretty simple one to follow brother. Give it a try.

  • @bobbyclark5076
    @bobbyclark5076 2 года назад +4

    As always comming with great content!

    • @TradingDecoded
      @TradingDecoded  2 года назад

      Im on a mission brother. Youve been with me the whole time too!

  • @christopherpuffer8400
    @christopherpuffer8400 Год назад +1

    Appreciate you. Your humility is admirable 👊

    • @TradingDecoded
      @TradingDecoded  Год назад

      Its a must in this business brother. SPY will remind you to be humble every chance you let her.

  • @tracer888
    @tracer888 25 дней назад +1

    I wonder if you've tested trading iron butterfly's at the tested side of the ORB, since it seems to hover around there, multiple 0DTE areas to have it get under the umbrella?

    • @TradingDecoded
      @TradingDecoded  24 дня назад

      I have not. I don’t trade the ORB so I haven’t spent much time testing how to use it.

  • @dannyj45h33
    @dannyj45h33 2 года назад +3

    Post more strategies and topics of area you would think we would need more knowledge on. This hits the criteria for me. Thanks

    • @TradingDecoded
      @TradingDecoded  2 года назад +2

      Well I am working on that but it takes a little more time because I only trade my strategy. I am however, working with folks who use additional strats that work for them and putting those in video format. I cant deviate too far away from what I do though because thats what this community is all about. My way of trading and how I have made it work for me ya know? If I start posting other folks strats I wont be as fluent in them and thus might not be able to help answer some of the more random questions about a strat that isnt mine ya know? I am working it though!

  • @acuero29
    @acuero29 2 года назад +3

    Thank you for your Time brother

    • @TradingDecoded
      @TradingDecoded  2 года назад

      Always! Thank you for the support my man!

  • @1234TDM
    @1234TDM Год назад +1

    Should the 30m vertical line be placed at :59 instead?

  • @mostafaaboraya5926
    @mostafaaboraya5926 Год назад +1

    Thanks for the video bro, but where could I put my stop lose?

    • @TradingDecoded
      @TradingDecoded  Год назад

      Trail your profits or have a stop at break even. Whichever you decide, just know your trade plan before you take the trade and follow it!

    • @mostafaaboraya5926
      @mostafaaboraya5926 Год назад

      Thanks for the response mate!

  • @savageroaster5088
    @savageroaster5088 2 года назад +2

    really appreciate the videos. Thank you man.

    • @TradingDecoded
      @TradingDecoded  2 года назад

      No worries brother! Thank you for watching them.

  • @Blindsquirrel74
    @Blindsquirrel74 2 года назад +3

    Thanks Jimmy!

  • @tabban218
    @tabban218 11 месяцев назад +1

    Great information on ORB thanks

  • @Marlon_B-8
    @Marlon_B-8 2 года назад +3

    Thank you Jimmy. Good explanation. I’m glad you made this video. I’ve seen other people using the first 3 or 5 minute candle as the ORB. This seems better to me

    • @TradingDecoded
      @TradingDecoded  2 года назад +2

      No worries my friend. There are variations of the strat that deal with lower time frames but this is what they are all based off of.

    • @Marlon_B-8
      @Marlon_B-8 2 года назад +1

      @@TradingDecoded Do you use The Strat?

    • @TradingDecoded
      @TradingDecoded  2 года назад +1

      @@Marlon_B-8 I have but not regularly.

  • @mperez508
    @mperez508 Год назад +3

    Will adding a 200ema will give you a more significant insight of the trend

    • @TradingDecoded
      @TradingDecoded  Год назад +1

      Possibly. I dont use any indicators myself so if I want to know trend Ill look at a 5m chart.

    • @mperez508
      @mperez508 Год назад

      @@TradingDecoded thank appreciate your response.

  • @golf_dad
    @golf_dad 6 месяцев назад +2

    If there is no re-test after the ORB breakout, do you not take the trade? Thank you!

    • @TradingDecoded
      @TradingDecoded  6 месяцев назад +4

      I dont trade the ORB strategy. I would tell you to back test any strategy and see if its more likely to win or lose with and without a retest. We are looking for probabilities as we cant see the future my friend.

  • @james130362
    @james130362 2 года назад +2

    Thanks. That makes sense.

    • @TradingDecoded
      @TradingDecoded  2 года назад

      It’s just another tool in the belt my friend.

  • @filipg8953
    @filipg8953 Год назад +1

    Is there no Stoploss being used? neither breakeven positions? If there is no stoploss, how do you calculate your risk? It could be very small, when your EMA9 line is crossed by a small candle, but it could be huge with a long candle crossing that line!

    • @TradingDecoded
      @TradingDecoded  Год назад +2

      Every trader should have a trade plan. Your trade plan should always include an entry, take profit and a stop loss. Each trader is responsible for their own risk management. I have found that folks tend to ignore what others may suggest and find out what works best for them through their own experiences. I appreciate your feedback my friend.

  • @maki6666
    @maki6666 2 года назад +3

    I watch your videos everyday. Thanks for giving such great contents. Keep it up Jimmy!

    • @TradingDecoded
      @TradingDecoded  2 года назад

      I’m try by guys. Thank you for the continued support.

  • @BryceNiemiller
    @BryceNiemiller 9 дней назад +1

    2 years late but thank you!!

    • @TradingDecoded
      @TradingDecoded  9 дней назад

      I’m sorry man. I just got the notification from YT. lol. 😂 answer every comment my friend.

  • @nickpapageorgio4835
    @nickpapageorgio4835 Месяц назад +1

    I really want to start using this strategy, but it looks like oftentimes the range isn't retested. In the second example here, it is was stated that the range was retested, but without any evidence - breaking out of range and retesting all within a 1 minute candle is what throws me off, here. Otherwise, splendid video

    • @TradingDecoded
      @TradingDecoded  Месяц назад +1

      Its not a strat I personally trade. We have several folks in my group who do but they play a much shorter ORB. For example a 3 or 5 min orb. Many of them dont wait for the retest either.

  • @atlantik1524
    @atlantik1524 Месяц назад +1

    Does this only work for the first time or also later that day ig it falls back in the area?

    • @TradingDecoded
      @TradingDecoded  Месяц назад

      It works anytime. However, you have to create a new ORB box each time you do it. Also, keep in mind that theta and many other factors later in the day will change how your options react.

  • @garylalande7056
    @garylalande7056 Год назад +1

    Getting ready soon to start my free week; On simply buying Puts or Calls like in your videos wondering if really need a stop loss if buy an option for say $6.00 plus comish. SInce Can only lose this amount just let it ride for your profit target. Unless one is buying 50 of these options a diff story. Also, I hope your friend is okay--Stroke- Medical Technology is very good in this day of age. Gary L.

    • @TradingDecoded
      @TradingDecoded  Год назад

      $6.00 x 100 my friend. So the cost of that trade would be $600. You are controlling 100 shares of stock per option contract that’s why the multiplying of 100 is involved.

  • @ivanibarradelcueto6446
    @ivanibarradelcueto6446 3 месяца назад +1

    ⁠so this is for stocks right?
    Forex NY session starts at 8 am.
    I trade gold so what would the best opening time be for me? Thanks!!!

    • @TradingDecoded
      @TradingDecoded  3 месяца назад

      Yes its for stocks my friend. What are you trading in regards to gold? Futures?

    • @ivanibarradelcueto6446
      @ivanibarradelcueto6446 3 месяца назад

      @@TradingDecoded I trade Gold Spot. So I have a NY session open at 8 am est and after that there is the core session open at 9:30 am est. So I am confused as to what the best opening time reference. Of course, I will backtest, just wanted to see if you had some insight. Thanks!!!

  • @joeloseh394
    @joeloseh394 5 месяцев назад +1

    Hello sorry why did you use the 30mins time frame to set the support and resistance?

    • @TradingDecoded
      @TradingDecoded  5 месяцев назад

      Because they work way too often to ignore them my friend.

    • @joeloseh394
      @joeloseh394 5 месяцев назад

      @@TradingDecoded ok thanks a lot.

  • @PeasantRaider
    @PeasantRaider 16 дней назад +1

    stoploss to the other side of the range?

    • @TradingDecoded
      @TradingDecoded  14 дней назад +1

      I would say that if you close back below the retest level that you should start to consider stopping out.

  • @joeloseh394
    @joeloseh394 5 месяцев назад +1

    And also which time zone are setting up the range?

    • @TradingDecoded
      @TradingDecoded  5 месяцев назад

      Im in market time zone. Eastern.

    • @joeloseh394
      @joeloseh394 5 месяцев назад +1

      @@TradingDecoded please can this strategy be applied for any of the market times zone or strictly for the Et because I am in the London time zone?

    • @TradingDecoded
      @TradingDecoded  5 месяцев назад

      @@joeloseh394 yes, it should work on other things my friend.

    • @joeloseh394
      @joeloseh394 5 месяцев назад +1

      @@TradingDecoded thanks a lot. I will go through your videos. I am certain you'll be the best mentor for me.

  • @heisenberg3778
    @heisenberg3778 2 месяца назад +1

    where do you put your stop?

    • @TradingDecoded
      @TradingDecoded  2 месяца назад +1

      I would put it somewhere near the support you would buying off of.

  • @LetsVibe761
    @LetsVibe761 4 месяца назад +1

    i use a 15min orb which means i have to mark out the first 15 min of the market open? or first 15min of the trading session?
    im confused by this

    • @TradingDecoded
      @TradingDecoded  4 месяца назад

      Yes. You would find the high and low within any 15 minute period and that becomes your range. You can implement it during any time of the day.

    • @LetsVibe761
      @LetsVibe761 4 месяца назад

      @@TradingDecoded we then use 15min period to confirm our entry? or we have to look into smaller time frames to entry

  • @Success-bo7mt
    @Success-bo7mt 6 месяцев назад +1

    Pls are u talking about the first 30mins of the opening of the market

    • @TradingDecoded
      @TradingDecoded  6 месяцев назад

      Typically yes but you can use it anytime of the day.

  • @grunpastur
    @grunpastur Год назад +1

    Just saw this yesterday and joined your discord today. Maybe I can make some $$ watching your live video. Thank you for doing this!!! I'll be joining you every morning now.

    • @TradingDecoded
      @TradingDecoded  Год назад

      Awesome my friend! Thank you for the support and hopefully we can help ya out!

  • @GhostofSparta-o8y
    @GhostofSparta-o8y Год назад +1

    Are you plotting 30 mins post the london open?

  • @CodeHarryy
    @CodeHarryy 2 месяца назад +1

    What is the platform you are doing this analysis

    • @TradingDecoded
      @TradingDecoded  2 месяца назад

      I am live during the day in our discord community. I share my charts using Trading View.

    • @CodeHarryy
      @CodeHarryy 2 месяца назад

      @@TradingDecoded how do u put the opening market mark the red one is there any indicator that tells you where the market opened at what time

  • @amergill4063
    @amergill4063 4 месяца назад +1

    Where would you place your stop loss with this strategy

    • @TradingDecoded
      @TradingDecoded  4 месяца назад

      Probably would set it at the edge of the actual orb. Meaning i we close back in the box, stop out.

    • @amergill4063
      @amergill4063 4 месяца назад

      @@TradingDecoded thank you for replying much appreciated

  • @grassisgreener8808
    @grassisgreener8808 5 месяцев назад +1

    Hey just wondering how you get the highlighted red section on the chart. I don't see that on mine. Im new to this

    • @TradingDecoded
      @TradingDecoded  5 месяцев назад

      It’s just the space between the high and low of a 30 minute block.

  • @longislandpastandpresent
    @longislandpastandpresent 2 года назад +2

    Love the video and your way of teaching this, thanks for doing it!
    I had one question...what if when it breaks the resistance/support lines drawn but does not retest but rather just continues moving strong up (or down)? would you still not enter bc it didn't retest resistance/support?

    • @TradingDecoded
      @TradingDecoded  2 года назад +6

      Thanks for the kind words Paul. The answer is I wouldn’t take the trade. It’s tough to do but that is when fomo is at its worst. It takes a tremendous amount of restraint and discipline to watch a run keep running, but it’s important to wait for the setups in order to give us the highest probability of winning brother.

    • @longislandpastandpresent
      @longislandpastandpresent 2 года назад

      @@TradingDecoded awesome thanks!

  • @pragmatica1032
    @pragmatica1032 2 года назад +3

    Thanks for this simple and clear explanation of the Opening Range Breakout strategy! I will definitely try this in the coming week. Where did you get the 42 to 45 % success rate from? Do you think that adding a stop loss at the entry increases the profitability in the long run? Not sure if my question is clear... What I mean is a 40ish % success on a trade that has the potential to catch say a $1+ move with a stop loss at say 25 cents(*) could make this a relatively sure play in terms of consistency. Is that reasoning right?
    (*) just throwing numbers here to make the point

    • @TradingDecoded
      @TradingDecoded  2 года назад +1

      I did some research and that was the percentage they gave. As for the stop, that amount will be up to you bud.

    • @kevinmahlendorf4955
      @kevinmahlendorf4955 2 года назад

      @@TradingDecoded who is “they”?

  • @ericberger4511
    @ericberger4511 Год назад +1

    I'm sorry. I've learned alot from you but at 4:03 you say, "if it's to the bottom you would be playing puts . . ." Wouldn't that supposed to be "playing CALLS", and then if it breaks to the the top, THEN you're playing puts? Because, why would i be messing with calls if the index is rising? Thanks for making these videos!

    • @TradingDecoded
      @TradingDecoded  Год назад

      Thank you for the questions but to be clear, you want to buy calls when a stock or index is rising and puts if a stock or index is dropping.

    • @ericberger4511
      @ericberger4511 Год назад

      @@TradingDecoded Ah! For some reason I thought you were talking about vertical spreads, not just buying a call or buying a put. Now I understand. Again, thank you very much!

  • @Marcus-x5j
    @Marcus-x5j 4 месяца назад +1

    Does this work on Xauusd?

    • @TradingDecoded
      @TradingDecoded  4 месяца назад

      I’m not sure. Back test it to see if it works on currency.

  • @pipslord5723
    @pipslord5723 2 года назад +1

    Does this strategy work on volatility indices?

    • @TradingDecoded
      @TradingDecoded  2 года назад

      Support and Resistance should work on anything worth trading. Which indices are you referring to?

  • @roberto-iq8wv
    @roberto-iq8wv 2 года назад +1

    What if it doesn't retest but keep going at the break, thank you and happy healthy New Year.

  • @roberto-iq8wv
    @roberto-iq8wv 2 года назад

    After entering a trade, if it doesn't go our way, where would be our stop lost? thank you.

    • @TradingDecoded
      @TradingDecoded  2 года назад +1

      On the orb it would be a break below your entry point.

    • @roberto-iq8wv
      @roberto-iq8wv 2 года назад

      @@TradingDecoded thank you.

  • @omidnaqshbandi
    @omidnaqshbandi Год назад +1

    💎 of a video

    • @TradingDecoded
      @TradingDecoded  Год назад

      Thank you!

    • @omidnaqshbandi
      @omidnaqshbandi Год назад

      @@TradingDecoded you are welcome! You should make a video on 123 candles strategy, or if you have one can you share the link

  • @braydeng5453
    @braydeng5453 Год назад +1

    Nice content bro keep it up👍👍👍👍

  • @dcloukey
    @dcloukey 2 года назад +2

    Thanks Boss!

  • @elijahnyendwa2281
    @elijahnyendwa2281 2 года назад +1

    What pairs is this used on and what time of the day

  • @kieran6971
    @kieran6971 2 года назад +1

    what software are you showing the candle sticks on?

    • @TradingDecoded
      @TradingDecoded  2 года назад

      I use Trading View for charting. There is a link in the description box if you want to try it out. Its an amazing platform.

  • @shortingthetrend
    @shortingthetrend Год назад +1

    Can you make a video using 13/48 ema crossings?

    • @TradingDecoded
      @TradingDecoded  Год назад

      I dont play the 13/38 cross strategy though. It’s not that I wouldn’t make the video, but I would have to test and use the strat for a bit for I did it so I could believe in it my friend.

  • @dillonalexanderthegreat
    @dillonalexanderthegreat Год назад

    Very well explained. Thank you

  • @Swing_Edge
    @Swing_Edge 2 года назад

    It's hard to shakeout positions that are already in profit. the basis of trend up or down days

  • @Mv3Trader
    @Mv3Trader Год назад +3

    One man's yes is another man's no....

  • @stasgershkovich360
    @stasgershkovich360 4 месяца назад +1

    Is it me slow, or there is an issue of knowing what time is actually the opening range starts? we all over the world and I can't possibly guess what time should I look at as an official "Open" please help me clear that out ahha

    • @TradingDecoded
      @TradingDecoded  4 месяца назад +2

      The market opens at 9:30am EST.

    • @ivanibarradelcueto6446
      @ivanibarradelcueto6446 3 месяца назад

      @@TradingDecodedso this is for stocks right?
      Forex NY session starts at 8 am.
      I trade gold so what would the best opening time be for me? Thanks!!!

  • @abdulhagen6535
    @abdulhagen6535 2 года назад +3

    Thank you 🙏

  • @bluehorshoe9260
    @bluehorshoe9260 2 года назад +1

    this strat looks like good clean fun on any given day! Thanks for making a vid on it 🫡 Not to steal your thunder SKI I know this is your jam 👮‍♀️🙌

    • @TradingDecoded
      @TradingDecoded  2 года назад

      Yea man. It’s pretty clear and easy. I made it because there seemed to be some confusion as to how it’s supposed to be played. There are variations of it obviously but this here is the main way.

  • @mrbee3377
    @mrbee3377 2 года назад +3

    Thanks

  • @muhammadtariq-ox4li
    @muhammadtariq-ox4li 2 года назад +1

    Is it works on crypto?

    • @TradingDecoded
      @TradingDecoded  2 года назад

      Understanding that nothing works 100% of the time, yes, it can work for crypto also.

  • @azizfahed9843
    @azizfahed9843 11 месяцев назад +2

    I traded it with 15 m not 30 also using stochastic rsi

  • @hadassah22
    @hadassah22 Год назад +1

    Thank u for this

  • @audreymasitsa9732
    @audreymasitsa9732 3 месяца назад

    Amazing vedio. Thank you!

  • @robmccance
    @robmccance 7 месяцев назад +1

    Thanks for the video. How did you get the 42-45% success rate figure?

    • @TradingDecoded
      @TradingDecoded  7 месяцев назад

      I’d have to rewatch the video for context. I made this a while ago bud.

    • @User_-me7hb
      @User_-me7hb 6 месяцев назад

      it aint that good.

  • @katiemclendon9686
    @katiemclendon9686 2 года назад +1

    Thank you!

  • @SpyTrader1988
    @SpyTrader1988 6 месяцев назад +1

    That’s crazy. I thought I had found a glitch in the market and other people know about it, lmao. Hilarious. Question; Is it weird if the winning for a month surpasses, 45%? I think I’m at 85-90% win rate.

    • @TradingDecoded
      @TradingDecoded  6 месяцев назад

      That’s awesome. Great work and keep it up!

  • @danielwolsten3768
    @danielwolsten3768 2 года назад

    Jimmy you the man!

    • @TradingDecoded
      @TradingDecoded  2 года назад

      I am trying to help the best I can brother! Thank you!

  • @arifkurtlu4678
    @arifkurtlu4678 2 года назад +1

    Thanks✌️

  • @maubiukwuteno5572
    @maubiukwuteno5572 6 месяцев назад +1

    I bet you knew everyone who watched this was gonna instantly subscribe coz I did
    Job well done!!!

    • @TradingDecoded
      @TradingDecoded  6 месяцев назад

      I appreciate you. Thank you for watching and I hope it helps!

  • @suprazrule
    @suprazrule Месяц назад

    It looks to make sense but why would you want to use a strategy that has less than a 50% success rate?

    • @TradingDecoded
      @TradingDecoded  Месяц назад +1

      I dont use it. There was some confusion between members in my community so I made this video to clear up the confusion. That said, I have a guy in our room that plays the ORB almost daily and his win rate on it is very high. The percentages I got were from the internet search I did to find the win rate. Not something I tested myself.

  • @MrStlover99
    @MrStlover99 2 года назад +1

    Oh man. Volume is too perfect

  • @jigneshsoni9263
    @jigneshsoni9263 2 года назад +1

    Can you define what "breakout" , "retest" and "stay above"? It could really mean different to different people. Example...some may consider it as just price going to a certain level. Some may consider price closing above/below a certain level. This could be in different time frame. Depending on what the definitions are the result could be substantially different.

    • @TradingDecoded
      @TradingDecoded  2 года назад +3

      The rules for this strategy are very simple and defined as far as entry goes. The process is the same for any time frame. You let your ticker do what its going to do for the first 30 mins. You plot a line at HOD and LOD. Look for a bias within that time frame. Do the ticker navigate towards the support or the resistance? If towards resistance (HOD) and it break that line then you wait for a retest of that level. If you fall back into the opening range on the retest, then we dont take the trade.

  • @rrsch
    @rrsch 11 дней назад

    That 2nd entry does not look like an entry at all. No close above the range, no pullback or even bearish candle… I’m confused why you’d have entered there in the live market?

    • @TradingDecoded
      @TradingDecoded  11 дней назад

      Im going to need you to elaborate here for me. Are you referring to 6:57 in the video? If thats the case we did close above the range, we wicked down and tested the resistance we had just closed above turning it into support and went north from there. Its also worth noting that I dont trade this strategy anymore and when I was it was very rare because the win rate was nowhere near good enough for me. I made the video because there was confusion amongst folks in our community so I tried to help.

  • @AaronMcConnell-t8j
    @AaronMcConnell-t8j 3 месяца назад +1

    Dejah Curve

  • @mrretired2715
    @mrretired2715 2 года назад +1

    Or do common shares no theta

    • @TradingDecoded
      @TradingDecoded  2 года назад +1

      Sure. If you have an account that affords you the ability to buy 100 shares, absolutely! Either way works.

    • @mrretired2715
      @mrretired2715 2 года назад +1

      @@TradingDecoded i have been trying options but the theta decay keeps catching me out. Is there a time period where the options theta decay matches shares

    • @TradingDecoded
      @TradingDecoded  2 года назад

      @@mrretired2715 never. Shares don’t decay ever. They only react to price, not time. Options will always have a timer.

    • @mrretired2715
      @mrretired2715 2 года назад

      @@TradingDecoded Hi this i understand. But im wondering is there an option time period 30days/40days/10days that reflects the share price in movement. What i mean is many times i am in the red , even if the share price has gone up loads (playing the upside) and then when it dips slightly it takes me compeletly in the red (where as on shares i would still be in profit at this point). So im wondering if in the up and down movement of the share price, is there an options contract that duplicates how your trade would be if it was purchased under shares. I also subbed as you have greatstuff here.

  • @atimtg
    @atimtg Год назад +1

    62% win is not usually good enough for this on 0DTE

    • @TradingDecoded
      @TradingDecoded  Год назад +1

      Sounds good my friend. You don’t have to play it my man. Thank you for your feedback.

  • @Kailashbhakth
    @Kailashbhakth 6 месяцев назад +1

    What’s your success rate with this strategy?

    • @TradingDecoded
      @TradingDecoded  6 месяцев назад

      I dont trade it. Its better than 50% though.

  • @jojowildstar7773
    @jojowildstar7773 10 месяцев назад +4

    42% who? Maybe on choppy days

  • @CompleteGain
    @CompleteGain 5 месяцев назад +3

    Ty just lost 10k usd❤

    • @TradingDecoded
      @TradingDecoded  5 месяцев назад

      You did it wrong. I would also consider sizing down until you understand how to trade the strategy. Chin up! Youll get em next time!

    • @moisestorres100
      @moisestorres100 5 месяцев назад +4

      This comment is so funny 😂 blaming someone for your own mistakes 🤣

  • @shortingthetrend
    @shortingthetrend Год назад +1

    I used this strategy on Friday with spy. The orb is what helped me get out of a 396p at 45% gain when I saw a VWAP drop (bear trap) but didn't go below the resistance orb so I saw the trap, got out and got calls for a 230% gain 🤗

    • @TradingDecoded
      @TradingDecoded  Год назад +1

      Great job! Stick to the rules and you will succeed.

  • @rommul1389
    @rommul1389 2 года назад +1

    That's ђ

  • @Mz200k
    @Mz200k 2 года назад +1

    #replay

  • @RoseWilson-u2t
    @RoseWilson-u2t 4 месяца назад +1

    Moore Jessica Garcia Kenneth Lewis Betty

  • @tommyhawk2000
    @tommyhawk2000 3 месяца назад +1

    42% so less than a flip of a coin

  • @SuperGroot
    @SuperGroot 2 года назад +3

    First lol

  • @briangoldberg6501
    @briangoldberg6501 Месяц назад

    Dude, 45% rate is LAME. Flipping a coin is better

    • @TradingDecoded
      @TradingDecoded  Месяц назад +1

      A couple of things my guy…..one, I agree that 45% is not good enough and that’s why I don’t trade it. Two, this is an explanation of what the orb is and therefor I am pointing out what it is, how to trade it and its success rate. IE, informational video. The more you know the better off you’ll be. Lastly, thanks for the view. 😎

  • @olegolegb3011
    @olegolegb3011 6 месяцев назад +2

    Do the opposite and you would get 55-58% winning rate🤑

    • @TradingDecoded
      @TradingDecoded  6 месяцев назад

      That’s not good enough for me. However, it’s a good improvement for many my friend.

  • @dollyvarden
    @dollyvarden 2 года назад +1

    Awesome video! Heading over to twitter to follow you there 😊!

  • @irbinbe.mendoza8548
    @irbinbe.mendoza8548 Год назад +2

    THANKS