Toby Crabel in his book “Daytrading with Short Term Price Patterns & ORB 1990” explained the relevance of a study which detailed on price patterns. He explained here the relationship between the opening and closing, and between high and low prices. It includes the computer -tested Q and A to many common short trading term.
The 5 sections includes the ff. opening range breakouts, short-term price patterns, patterns of expansion and contraction, combined sections ation of price patterns with expansion and contraction patterns, and openings and closings that occur in various segments of a price bar.
For each topic, this will include the computer analysis. If you want to be serious in being a term trader, this book is highly recommended for you. The ideas in this book are presented in a way which you cannot see in the other books. A unique and innovative book that you wont surely miss.