Weekly Pivot Level Trade

Entry Logic

Price approaches weekly pivot. Price consolidates near pivot. Breakout occurs on 5-minute chart. Volume confirms breakout. Enter within 30 minutes of break.

Exit Logic

Profit target is weekly R1/S1. Scale out 30% at 0.75R. Trail stop below prior 5-minute low. Exit if price closes back inside pivot range. Exit by end of week.

Stop Loss Structure

Hard stop 15 pips beyond pivot. Max dollar loss $150 per trade. Max percent loss 0.75% of capital. Structural stop below prior swing high/low.

Risk Management Framework

Risk 0.75% of capital per trade. Daily loss limit 2.5%. Weekly loss limit 7%. Max drawdown 12%. R:R minimum 2:1.

Position Sizing Model

Size to risk 0.75% of capital. Reduce size by 25% during low volatility. Increase size by 15% for A+ setups. Scale in 60% on initial break, 40% on pull back.

Trade Filtering

Avoid major economic reports. Trade only strong trending markets. Focus on SPY, QQQ, DIA ETFs. Optimal timeframe 10:00 AM - 12:00 PM EST.

Context Framework

Weekly trend aligns with trade. Price above/below weekly VWAP. Price above/below 50 EMA. Price near weekly extremes. Higher timeframe confirms weekly trend.

Trade Management Rules

Move to breakeven after 0.75R. Scale out 30% at 1.5R. Do not average down. Adjust stop quickly on fast moves. Maintain stop on slow moves.

Time Rules

Optimal window Tuesday - Thursday. Avoid Monday open. Avoid Friday close.

Setup Classification

A+: Strong weekly trend, high volume break, retest. A: Moderate weekly trend, good volume, minor retest. B: Weak weekly trend, average volume, no retest. C: Choppy weekly price action, low volume.

Market Selection Criteria

Instruments: SPY, QQQ, DIA. Volume: Above 50-day average. Volatility: ATR above 1.2x average.

Statistical Edge Metrics

Win rate 60%. Avg win $200. Avg loss $100. Profit factor 2.0. Expectancy $80.

Failure Conditions

Price fails to sustain breakout. Volume dries up. Market reverses sharply. Weekly trend breaks.

Psychological Rules

Be patient. Wait for confirmation. Do not overtrade. Trust the process.

Advanced Components

Regime detection confirms weekly trend. Volume profile confirms weekly levels. Intermarket correlation supports direction. Multi-timeframe alignment of weekly trend.

Location

Strongest near weekly open or close. Weakest mid-week.