• Draw key levels:

– All Time High (ATH)

– Last Week High (LWH)

– Last Week Low (LWL)
– Prior Day High (PDH)

– Prior Day Low (PDL)
– Overnight Open (OVN-O)
– Unfilled Daily Gap levels (UG)

– Opening Range High, Low, Midpoint: (ORH, ORL, ORM)
– Overnight High (OH) / Overnight Low (OL)
– Imbalances / Poor Structure / FVG zones

– Fibonacci retracements of prior session or main swing in last 5-10 trading days.

  Entry “Golden Ratio Zone”: 38.2%, 50%, 61.8%
  Exit TPs: -23.8%, -61.8%, -127.2%

​

• Define the Opening Range (OR):
Mark the first 15 minutes (7:30–7:45 AM MST).

 

• Risk/Reward:

1.Default: Use 20-tick stop / 20-tick take profit (or partial at +10 ticks and runner to +20 ticks).

2.Dynamic: Adjust TP’s based on 50% & 100% of Opening Range. Additionally prepare for partials depending on reactions at Daily Levels. SL set to 1-4 ticks below opposite side of breaker candle or opposite of end opening range, depending on risk tolerance. 

 

• Confirm entry:
Wait for a close outside the OR with:
– VIX moving inversely (lower for long setups, higher for short setups).
– $TICK confirming direction (sustained positive for longs, negative for shorts).

Note: Higher time frames such as 5min closing outside of OR, followed by another lead to higher % of trend continuing compared to lower time frames like 3min, 1min, etc.

 

• Finish:
Trading Systems Locked - based on daily goals.