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Toby Crabel

Toby Crabel wrote a book called Day Trading With Short Term Price Patterns and Opening Range Breakout which is sometimes sold on eBay for more than $1,000. In this book he defines a number of trading patterns which have become popular numbers to calculate and watch among day and swing traders.

The most popular of Crabel's price patterns are NR, NR4, NR5, NR7, WS, WS4, WS5, WS7, ID, OD, IDnr4, 2BNR, 3BNR, 4BNR, 8BNR, BearHook, BullHook, Stretch. These price patterns are calculated and displayed on all of the Daily Notes pages.

Trading strategies that use Crabel's price patterns include the ORB and ORBP.

Toby Crabel's official web site: Crabel Capital Management LLC.

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