#BreakoutTradingStratgy
Trading Strategy
1. Monitor Real-Time News:
Use platforms like Twitter, Bloomberg, or TradingView news feeds.
Follow accounts related to crypto, stocks, or forex (based on your market).
2. React Quickly:
Act within the first few minutes of a breaking event (earnings report, regulatory news, major hack, etc.).
Focus on assets directly impacted by the news.
3. Use Tight Stop-Losses:
Volatility is high during breaking events.
Set strict stop-losses to avoid major losses if news direction reverses.
4. Trade Breakouts:
When news pushes the price above resistance or below support.
Enter on confirmation candles with strong volume.
5. Exit Strategy:
Target quick profits (scalp or intraday).
Avoid holding positions unless news has long-term implications.
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⚠️ Pro Tip:
Avoid jumping into fake or overhyped news. Always confirm from reliable sources.
Would you like a crypto-specific breaking strategy example?