O.R.B. (opening range breakout)

Check out one of our founders explaining this report in the video below:

this report looks at the 15min opening range stats. it shows how often price breaks above, below, above and below, and doesn't break out of the opening range. lets look at es futures ny sessions and see some examples:

if there is a high chance for a single break, then look for one with the current trend

If there is a high chance for a double break, then use ORB report to find a reversal area after the first break of the ORB and target the opposite side of the ORB.

why ORB opening range breakout matters:

the ORB is an important benchmark for the morning sessions. many traders pay attention to the ORB to create bullish or bearish trade ideas. you can view this report as a refined measure of volatility in the mornings with a directional bias. you can also use this report with options strategies as well, like straddles, which rely on volatility.