Structure-based range trading. Use the previous day's high and low as fixed boundaries.
No indicators. No noise. No guessing. Just price structure and discipline.
SETUP CHART
DAILY
PDH / PDL
EXECUTION
5M / 1M
intraday
ENTRY ZONES
2 OF 3
edges only
OBSERVATION
9:30–9:45
then active
STOP SIZE
TIGHT
outside edge
DIFFICULTY
● ● ○ ○ ○
beginner
RISK PROFILE
SMALL
paper cuts
STEP 1SETUP — DRAW THE BOX
Open the daily chart and mark yesterday's high (PDH) and low (PDL).
Drop a rectangle connecting both levels.
Draw a midline through the center — this is your noise boundary.
Drop to the 5M / 1M chart for execution.
STEP 2THE BOX — STRUCTURE
PDH · PREV-DAY HIGH = RESISTANCEPDL · PREV-DAY LOW = SUPPORT
STEP 3ENTRY RULES — TRADE THE EDGES
▼ SHORT · TOP OF BOX
Sell the rejection at PDH.
TRIGGERPrice reaches top of box and stalls / rejects.
ENTRYAt or near PDH
STOP↑ just above the high
TP 1→ midline (safe)
TP 2→ bottom of box (full)
▲ LONG · BOTTOM OF BOX
Buy the reaction at PDL.
TRIGGERPrice reaches bottom of box and supports / reacts.
ENTRYAt or near PDL
STOP↓ just below the low
TP 1→ midline (safe)
TP 2→ top of box (full)
STEP 4BREAKOUT MANAGEMENT
If price opens outside the box, do not react.
Wait 10–15 min after 09:30 for structure.
If a new high or low pivot forms → REDRAW extend the box.
The box is dynamic. It adjusts to new structure.
STEP 5WHEN NOT TO TRADE
✓ IDEAL
Clean range day
Respect of PDH / PDL
Clear edge reactions
✗ AVOID
Middle of the box
Chop without structure
Strong breakout trend days
STEP 6RISK MANAGEMENT
Small losses are paper cuts. Entries sit at extremes, stops are tight, the range is large — that asymmetry is the entire edge.