Welcome to this tutorial on the GUORB (Godlove University Open Range Breakout) Strategy. This three-part guide will walk you through a systematic approach to trading the opening volatility of major Forex market sessions. We begin with the core concept and the essential preparation of your trading platform.
The Core Trading Principle
The Forex market is divided into major trading sessions: Tokyo, London, and New York. Each session opens at a specific time, bringing a surge of new participants, liquidity, and volatility. The GUORB Strategy is designed to capture the decisive breakout move that often occurs in the first minutes of these sessions.
Step 1: Identify Your Session Times
Your first task is to know exactly when your target sessions open in your local time. Do not guess this.
- Visit the free “Forex Market Hours” tool on: https://www.babypips.com/tools/forex-market-hours
- The tool will automatically display session times converted to your local time zone. Ensure you are not using a VPN.
- Crucially, note the opening times for the Tokyo, London, and New York sessions. For this strategy, we focus on these three.
Step 2: Configure Your TradingView Chart
You need to see these session times visually on your chart.
- In TradingView, add the “Forex Market Sessions” indicator (search for it in the Indicators menu).
- Set Your Chart Time Zone: At the bottom of your TradingView chart, click the time zone display (e.g., “UTC+0”) and select your correct local time zone (e.g., “UTC+2” for South Africa).
- Configure the Indicator: Click the indicator’s settings (the three dots).
- In the “Time Input Timezone” field, manually enter your offset (e.g., UTC+2).
- Disable the Sydney session. We only want to see Tokyo, London, and New York.
- Input the correct start and end times for each of the three sessions, using the 24-hour format from BabyPips (e.g., London: Start 09:00, End 18:00).
- Enable the “Hide Weekends” option.
- Once configured, you should see clear vertical lines marking the start and end of each session on your chart.
Preparation is Complete
You have now laid the technical groundwork. Your chart accurately reflects when the key market engines start each day. In the next article, we will use this setup to define the exact candle for analysis and place our entry orders.
Useful Links:
- Read the second part of this tutorial by Clicking Here.
- Want to learn more of our Winning Strategies? Click Here to Learn More
- Would you like to view the GUORB Youtube Video Tutorial? Click Here to Watch the Video
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