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Gold Trading Strategy – New York Open Range Breakout Scalping

  • #21
  • Feb 24, 2026 7:41pm Feb 24, 2026 7:41pm
Quoting tiptoptrade
Gold ny open range breakout today {image}
Bro, did you change the rule? 09.26-09.30 to 09.25-09.29? Which one do you use?
  • #22
  • Feb 24, 2026 8:21pm Feb 24, 2026 8:21pm
Quoting ekowahyu
{quote} Bro, did you change the rule? 09.26-09.30 to 09.25-09.29? Which one do you use?
Yes. 09.25-09.29 is final.

Reason: 9:30 candle is infact the 1st candle of the hour. Our range needs to consider preNY not NY open.
  • #23
  • Feb 25, 2026 12:29am Feb 25, 2026 12:29am
gold london open range breakout today
Attached Image (click to enlarge)
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  • #24
  • Feb 25, 2026 2:26am Feb 25, 2026 2:26am
Hello!
Quoting tiptoptrade
engulfed by a bearish candle
Could you please mark it? I don't see any engulfing on the chart. Thank you
Just an opinion. Based on research
  • #25
  • Feb 25, 2026 2:35am Feb 25, 2026 2:35am
Quoting tiptoptrade
Gold ny open range breakout today {image}
Is there any FVG before your entry?
Just an opinion. Based on research
  • #26
  • Feb 25, 2026 2:51am Feb 25, 2026 2:51am
Quoting since80808
Hello! {quote} Could you please mark it? I don't see any engulfing on the chart. Thank you
This is a Drop Base Drop sequence.... Looking at the attachment, price drooped, formed a base(yellow marked high low) then closed strongly below that base(yellow circled candke)....I refered that circled candle as bearish engulf of that base.

Note: due to high degree of volume, price may just simply drop without pulling back to FVG.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_20260225-164607_Chrome.jpg Size: 136 KB
  • #27
  • Feb 25, 2026 3:03am Feb 25, 2026 3:03am
Quoting since80808
{quote} Is there any FVG before your entry?
you are right (i didnt place the buy trade according to fvg test and reject). This is experience in play.
That green arrow points out the candle that broke above range confirming bullside bias. Then if you focus, the red arrow marks the next candle that sweep the liquidity fails to close below range and closes as a strong bull. We can interpret that price has a bull bias followed by a liquidity sweep which suggest bullish continuation.

Remeber, fvg test and reject is a general framework to follow as it repeats. However with experience you learn potential variations.
Attached Image (click to enlarge)
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  • #28
  • Feb 25, 2026 5:56am Feb 25, 2026 5:56am
Love seeing other GOLD ORB NY open scalpers! This is my bread and butter! Just rinse and repeat with proper risk management!
  • #29
  • Feb 25, 2026 7:18am Feb 25, 2026 7:18am
gold ny open range breakout
Drop Base drop - full sl hit
LBL- 70% @1:1
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_20260225-211555_MetaTrader 5.jpg Size: 98 KB
  • #30
  • Feb 25, 2026 7:19am Feb 25, 2026 7:19am
Quoting Saucysab43
Love seeing other GOLD ORB NY open scalpers! This is my bread and butter! Just rinse and repeat with proper risk management!
Hello, feel free to post your thoughts and ideas on this matter.
  • #31
  • Edited 7:50am Feb 25, 2026 7:36am | Edited 7:50am
24/2/26 - 25/2/26
Sydney & Tokyo open - Asian session
Frankfurt & London open - UK session
New York - US session


Attached Image (click to enlarge)
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  • #32
  • Feb 25, 2026 7:43am Feb 25, 2026 7:43am
Quoting tiptoptrade
gold ny open range breakout Drop Base drop - full sl hit LBL- 70% @1:1{image}
There will be fewer stop-losses according to the trend. Have you considered working only according to the trend?
  • #33
  • Feb 25, 2026 8:15am Feb 25, 2026 8:15am
Quoting Alex38172
{quote} There will be fewer stop-losses according to the trend. Have you considered working only according to the trend?
Its a no bias system. 30 min trading window will disclose whether institutions runs or not. Risk is managed if sl hit. There is always a new day a new begining.
  • #34
  • Feb 25, 2026 11:07am Feb 25, 2026 11:07am
Quoting tiptoptrade
{quote} Its a no bias system. 30 min trading window will disclose whether institutions runs or not. Risk is managed if sl hit. There is always a new day a new begining.
What does this mean? Tell me more.
30 min trading window will disclose whether institutions runs or not. Risk is managed if sl hit.
  • #35
  • Feb 25, 2026 11:24am Feb 25, 2026 11:24am
Here's an indicator for MT4 that shows FVG if anyone needs it. Just change the number of candles to 5 so it doesn't show extra ones.
Attached File(s)
File Type: ex4 FVG MT4 By TFlab.ex4   267 KB | 172 downloads
  • #36
  • Feb 25, 2026 5:44pm Feb 25, 2026 5:44pm
Can you explain the money management, I saw your history trade that the profit is more than the losses and you said earlier that using risk percentage. If 1:1 take 70% profit that means the profit and loss is about the same. Still confuse about this.
  • #37
  • Feb 25, 2026 11:02pm Feb 25, 2026 11:02pm
Quoting Saucysab43
Love seeing other GOLD ORB NY open scalpers! This is my bread and butter! Just rinse and repeat with proper risk management!
Hi! And what is your personal ORB strategy? Which pattern?
Just an opinion. Based on research
  • #38
  • Feb 25, 2026 11:14pm Feb 25, 2026 11:14pm
Quoting tomdachi
Can you explain the money management, I saw your history trade that the profit is more than the losses and you said earlier that using risk percentage. If 1:1 take 70% profit that means the profit and loss is about the same. Still confuse about this.
as price go 1:1 in profit close 70% position. Then breakeven the trade and trail the rest with structure.

Now the most important part is the capital management system (cms).. Given below is a cms for a small account with initial balance of 10$ or 1000c.. You will notice the diffent fixed risk on predefined levels. Never deviate from it. If you level up, use the corresponding risk, if suffered drawdown and account goes to previous level then follow the risk of that level. Also withdraw systematucally to ensure safe account growth..
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_20260226-130516_ChatGPT.jpg Size: 118 KB

This is an example cms. Feel free to design custom cms that goes with your risk tolerance. You can increase risk exponentially for faster growth. But that depends how profitable your system is.

Note: bigger balance cant ensure growth, but profitable system can grow any amount.
  • #39
  • Feb 25, 2026 11:15pm Feb 25, 2026 11:15pm
Quoting tiptoptrade
gold london open range breakout today{image}
One more question please
Why do you enter here? No engulfing, no strong rejection, no drop-base-drop, even no strong bullish bar.

P.S. My vision if you don't mind:
Attached Image (click to enlarge)
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Just an opinion. Based on research
  • #40
  • Feb 25, 2026 11:30pm Feb 25, 2026 11:30pm
Quoting Alex38172
{quote} What does this mean? Tell me more. 30 min trading window will disclose whether institutions runs or not. Risk is managed if sl hit.
what i meant was i dont duel in past price action or past trend but rather focus on ongoing momentum.
The reason is simple, I am working on such micro level that attaching a macro trend is often Irrelevant.

I rather adapt to randomness. Position myself along with the institutional flow and let it play out. If SL hit, the majority choose otherwise. If tp hit, majority choose me. But bringing in trend as a bias is for me an obstacle that will hold me back from taking many potential.
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