WAIT
15 MIN
STEP 1: SETUP — MEASURE THE FIRST MOVE
- At 09:30, do nothing. The first 15 minutes are erratic — no structure yet.
- At 09:45, the 15-minute candle closes. Mark its high and low.
- Calculate the Measured Move (MM) = high − low. This is your target distance and risk anchor.
- Drop to the 5M chart for execution.
STEP 2: THE SEQUENCE — STRUCTURE
MOVE · PAUSE · MOVE
2ND LEG = 1ST LEG
STEP 3: ENTRY RULES — BREAK OF CONSOLIDATION
▼ SHORT · INITIAL MOVE DOWN
Sell the break of consolidation.
TRIGGER
First 15M candle closes. Price drops, then consolidates, then breaks below the range.
ENTRY
On break of consolidation low
STOP
↑ ≤ 30% of MM above entry
TP
→ full MM projected down
▲ LONG · INITIAL MOVE UP
Buy the break of consolidation.
TRIGGER
First 15M candle closes. Price rises, then consolidates, then breaks above the range.
ENTRY
On break of consolidation high
STOP
↓ ≤ 30% of MM below entry
TP
→ full MM projected up
STEP 4: THE 3-PHASE SEQUENCE
Markets move in legs + pauses. The setup only works if all three phases show up in order.
- 1. Opening move. Price leaves the first 15M range with direction.
- 2. Consolidation. Tight, compressed sideways chop — DON'T CHASE here.
- 3. Expansion. Break of consolidation = your trade.
- Sequence broken → no trade. Trend without pause = no edge.
STEP 5: WHEN NOT TO TRADE
✓ IDEAL
- Clear 15M range with size
- Defined initial move after 9:45
- Tight, organized consolidation
- Decisive breakout with volume
✗ AVOID
- No consolidation — market keeps trending
- Messy, choppy consolidation zone
- Weak / small breakout candle
- Trading before 09:45
STEP 6: RISK MANAGEMENT
Risk ≤ 30% of the measured move. If MM = $10, max risk is $3. This keeps losses proportional to the expected payout.
STOP
≤ 30% MM
TARGET
1× MM
R:R
3.3 : 1+