TRIPWIRE is a system that employs breakout and false breakout strategies on selected FX pairs. The breakout strategy aims to benefit from the market’s tendency to see stop-driven buying or selling on the break above or below the previous session’s high or low, where traders often place stop orders to enter or exit the market. The false breakout strategy aims to benefit from days where the breakout move is reversed and a new directional bias takes hold, fueled by the stop-loss-driven buying or selling. Discretion is warranted when there is an impending high-impact news release or interest rate decision.