Opening stats

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

This report shows three things:

1. How often todays session opens above yesterday's session high.

2. How often todays session opens below yesterday's session low.

3. How often todays session opens between yesterday's sessions high and low.

You can filter the Data by either standard, which includes data for every trading day, or weekday, which only looks at the data from the day you picked.

Now lets look at a live chart so you can understand what i mean

HOW CAN I USED THIS IN MY TRADING ?

Swing traders are the ones who benefit from using this report. There are a couple of different ways you can use it in your trading :

1. If price usually opens within the previous session , then you want to look for shorts when price is above the previous session, and look for longs when price is below the previous session.

   
2. If price usually opens above the previous session high then look for longs when price is within the previous sessions range.

   
3. If price usually opens below the previous sessions low, then look for shorts when price is within the previous sessions range.

   

These are three ways you can use this report to find trades. You can also pair this report with others in the swing trader reports section to find trades that fit your strategy