
The ORB strategy - dont overcomplicate it
I feel like I’ve gone full circle with trading.
Started with a simple ORB strategy and did well for a couple of months. Had a bad day, went on tilt and blew the account.
Decided I needed more knowledge, so went down the rabbit hole: indicators, R:R, 4H setups, S/R, trendlines, ICT, etc.
Eventually my mind was just scrambled. Too much on one chart, conflicting information.
Ok, you know this 2:1 ducking requirement, yeah its nice when it hits. You know i never really looked at ATR. Man, A T R !!. Im aiming for nearly or sometimes over the full range of the day!
Ive stripped everything right back, just taking what the market is offering. 4 basic rules -
candle to close outside orb
In direction with EMA
TP set at current ATR
One trade a day
83% win rate over 66 trades.