Using 6E Euro Currency Futures in this day trading strategy tutorial we can see how effective the Gold Pit opening range for Europe is when trading currencies. The xBrat Range Breakout trading indicator helps identify the opening range and also gives the BIAS for that range so that day traders know which direction to trade the range breakout. This futures trading tutorial video also highlights the importance of continual day trading opportunities when price moves back through these ranges.
Check out the xBrat Range Breakout trading indicators for Thinkorswim, TradingView, NinjaTrader and MotiveWave HERE