Opening Range Breakout Strategy for Beginners (NimblrTA)

Level 1 - Indian Stock Market

Created by: Anurag Chandak
Technical Analysis Academy

What Will I Learn?

• Learn the NimblrTA Breakout Strategy
• Have an understanding of Breakout Ranges
• Understand Concepts of Decisive and Indecisive Candles
• Using the CCI Indicator for Breakouts
• Using EMA Cross-overs for Breakouts
• Understand Pyramid or Pullback Trades
• Calculate Targets using Daily Trading Ranges
• Calculate Stop Losses using Higher Time Frames
• Understand the Dynamic Exit Strategy
• Using the Moon Transits for Intraday Trades
• Understand the effect of Void Phase of the Moon on Trades
• Know about Effective Risk Reward in lieu of Standard Risk Reward Ratio
• Learn about Position Sizing using Kelly Criterion
• Learn the potential of coded indicators on Metastock 4 trading platform
• Assignments included to master the important topics of the course
• By the end of this course, you will be armoured to take informed Intraday Trades without anxiety

Requirements

• An Open Mind
• A Spirit of "Yes I Can"
• An aim to achieve Financial Freedom through Intra-Day Trading
• Tradingview Free account to plot the Opening Ranges with Free Indicator
• [Optional] Meta Trader 4 platform with Live Data Feed

Target audience

• Beginner Traders curious about learning a profitable breakout trading strategy
• Home Makers wanting to make an extra earning
• Retired Personnels wanting to keep earning
• Traders making losses due to lack of strategy and guidance