First part of this is the ORB strat. The second part is using EMAs to add conviction and helping with holding plays longer.

Before getting into that, I use the 8/20 EMAs and VWAP as indicators. I turn the EMAs off at the start of the day. The reason for this is enter plays based off price action/ candle type. Having too many lines on my charts distracts me. I also turn extended hours on as the EMAs and VWAP differ with it on vs off.

1. Chart the high and low of the first 15 min candle. I will use SPY for this example. Using ORB, we get call trigger at 437.23 and put trigger at 433.84.

2. Now I am going to flip over to the 5 min chart and wait for a close above or below the established triggers.
3. I prefer to enter on retests to try and avoid the fakeouts as much as possible. At 10:15 we get a close below our level. At 10:35 we get a retest and close back below our level again. This is optimal entry.

4. Now I am going to flip the EMAs on. The 20 EMA above 8 EMA is bearish. This helps to identify the trend as well. I will still scale at 20%, then predetermined levels using the hourly to create S/R zones. The EMAs help me to identify where to cut runners. In this case, I will cut runners once price closes above the 8 EMA and look to take plays on denial of key levels or the 20 EMA. In this example, we closed above the 20 EMA 1 time.

5. Using the EMAs, we can see bears are in full control. Dont try and fight the trend. We close above the 20 EMA 1 time, but never held this level on a retest.