Toby Crabel

Toby Crabel wrote a book called Day Trading With Short Term Price Patterns and Opening Range Breakout which is no longer in print and 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 traders and swing traders.

The most popular of Crabel's price patterns are

• Narrow Range NR
• Narrow Range 4 NR4
• Narrow Range 5 NR5
• Narrow Range 7 NR7
• Wide Spread WS
• Wide Spread 4 WS4
• Wide Spread 5 WS5
• Wide Spread 7 WS7
• Inside Day ID
• Outside Day OD
• Inside Day Narrow Range 4 IDnr4
• 2 Bar Narrow Range 2BNR
• 3 Bar Narrow Range 3BNR
• 4 Bar Narrow Range 4BNR
• 8 Bar Narrow Range 8BNR
• Bear Hook
• Bull Hook
• 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.