Overnight range stats

This report shows how often today's regular trading hours session price breaks the overnight highs and lows — overnight session is from 4:00PM — 9:29AM ET. Lets check out how we can use this in our trading by seeing some examples. When there is a high percent chance the overnight HIGH will be broken , then we look for LONGS within the range :

When there is a high percent chance the overnight LOW will be broken , then we look for SHORTS within the range :

If the chances of both sides being broken is high, you can wait for one side to break, then take a trade targeting the opposite side of the range :

When there is a high percentage change the LOW & HIGH will NOT be broken, then we look for SHORTS at the top of the range and LONGS at the LOW of the range:

Why the overnight range matters

While making your pre-market plan you can set targets at the levels that get touched the most, and avoid levels that tend not to get touched. new levels are created every day, this report helps you identify which to focus on when it comes to overnight areas being formed.