US30 trading strategy

On Thursday, we saw price reversing back into the day's London range and is was an opportunity to buy in.

NYSE Open 15-minute Breakout Strategy

NYSE opens by 9 30 am Ny time which is 3 30 pm UTC+1 NG time so I marked out the first 15-min candle range and waited for a breakout. After the breakout price tried to reverse back into the range byt failed and that was my trigger to short the market.

I am going to close the trade at this point, and exit with my profit.

US30 Pre-market hour strategy

For this strategy I have marked out the pre-market hour of 1:30- 2:30 pm UTC+1 ( 8:30 - 9:30 EST American time) with a black box. I waited for price to breakout of the lower edge of the box and start reversing back in, then took a buy.

I often wonder why price seems to breakout of the box then suddenly reverse in the opposite direction

Before the stock market opens every day, some investors have already placed Market on Open Orders (MOOs) that automatically execute once the opening bell rings. These MOOs if large enough can spike price in one direction but after they are executed, the price moves back in the opposite direction. This is just one reason, they may be others