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How to Trade the First 5 Minutes (Trading Strategy Using the 5 Min Opening Bell). A Trading Strategy for the First 5 Minutes of the Open. How many of you trade in first 5 Mins? Trading first 5 minutes. If you had to trade for the first 5 minutes of the trading day, what would you trade and why? The first 5 minutes is a very tight time-window. I would probably use these sets of rules as a method of getting on the institutional money flows at the open i.e. the drive. I would wait for the first 1 minute candle to print and I would bracket the high and low for that period. I would go long if we break above the high or go short if we break below the low...OK.
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