#DayTradingStrategy

šŸš€ Day Trading Strategy: 5-Minute Opening Range Breakout

Trade breakouts from the first 5-min candle after market open (9:30 AM EST).

šŸ“Œ Setup:

Assets: U.S. stocks or ETFs (SPY, QQQ)

Timeframe: 5-min chart

Indicators: VWAP, pre-market high/low, ATR

šŸ“ˆ Entry:

Buy: Break above 5-min high

Short: Break below 5-min low

Confirm with volume + VWAP support

āš ļø Avoid Trades If:

Weak volume

Choppy/range-bound market

Breakout > 1.5Ɨ ATR

šŸ›‘ Stop Loss:

Just outside breakout candle

Or fixed 0.5–1% risk

šŸŽÆ Profit Target:

2:1 or 3:1 risk/reward

Use EMA/VWAP to trail

šŸ“‹ Risk Rules:

Max risk: 1–2% per trade

Limit: 2–3 trades/day

Follow a pre-trade checklist#DayTradingStrategy #BinanceHODLerLA #BinanceTurns8 #OneBigBeautifulBill $ETH

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