US Open Breakout Strategy

1. Rules to Buy:
   1. Take the highest high and the lowest low form 8:30 am to 9:00 am Eastern time. Draw horizontal lines showing where those levels are.
   
   2. Check Market Depth to look for either a 2:1 imbalance favoring the BID or neutral bid/offer balance. If not, stand aside and wait for either of these two conditions.
   
   3. On a 1 minute chart, buy the break above the range high with a stop below the range low.
   
   4. Take the width in pips of the range and use that as your profit target.
   
   5. Place your stop 2 pips below the range low.
   
   Rules to Sell
   1. Check Market Depth to look for either a 2:1 imbalance favoring the Offer or neutral bid/offer balance. If not, stand aside and wait for either of these two conditions2. On a 1-minute chart, enter short if price breaks below the range low.
   2. Take the width in pips of the range and use that as your profit target.
   
   3. Place your stop 2 pips above the range high.

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