THE OPENING PRICE FOR THE DAY:

One of the first things I want you to learn from me is the importance of the opening price in the DAY SESSION.

As a general rule the opening price for the day will either be the high or low for the day (within a point [4 ticks]) at least 50% of the time.

So what you have to remember is that...

 

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www.pomdy.com/book/price-action-one-day-at-a-time/chapter...

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