All-Time High Level Trade

Entry Logic

Enter long on a confirmed breakout and retest of the All-Time High (ATH). Price must close above ATH on a 15-minute chart. Confirmation requires two consecutive 15-minute candles closing above ATH. Entry occurs within 20 points of ATH. Market exhibits strong bullish momentum.

Exit Logic

Target 1: 2.0R. Target 2: 3.5R. Scale out 40% at Target 1. Trail remaining position with a 30-minute ATR stop. Exit entire position if price closes below the entry candle's low. Close trade at 3:30 PM EST. Exit if price fails to make new highs for 60 minutes.

Stop Loss Structure

Hard stop placed 1.0R below entry. Max dollar loss $800 per trade. Max percent loss 0.8% of account value. Structural stop placed below the retest swing low.

Risk Management Framework

Risk 0.4% of account per trade. Daily loss limit $2,400. Weekly loss limit $7,200. Max drawdown 15% of account. Minimum R:R for entry is 2.0:1.

Position Sizing Model

Size based on 0.4% account risk per trade. Adjust position size by 20% for every 2.0 point increase in 15-minute ATR. Increase size by 75% for A+ setups. Scale in once on confirmed retest of the ATH breakout.

Trade Filtering

Trade ES, NQ, SPY, QQQ. Avoid trading during major economic data releases. Avoid trading when market breadth is deteriorating. Only trade during strong bull market regimes.

Context Framework

Trend must be strongly upward on daily and weekly charts. Price must be significantly above VWAP. Price must be above 20-period and 50-period moving averages. Entry occurs at the absolute top of the market. Higher timeframe (Weekly) must show strong bullish continuation.

Trade Management Rules

Move stop to breakeven after 1.5R profit. Scale out 40% at 2.0R. Add size only if initial position is 2R in profit. Manage fast moves with very aggressive trailing stops. Manage slow moves with wider, time-based stops.

Time Rules

Optimal trading window: 10:00 AM EST - 12:00 PM EST. Avoid trading pre-market and after-hours. No trades on FOMC announcement days.

Setup Classification

A+: Strong breakout of ATH with extremely high volume, clear retest, powerful higher timeframe trend. A: Clear breakout, high volume, 15-minute trend alignment. B: Weak breakout, moderate volume, no retest confirmation. C: Counter-trend entry (shorting ATH), extremely high risk.

Market Selection Criteria

Trade ES, NQ, SPY, QQQ. Instruments must be leading the market. Minimum daily volume 1,000,000 contracts for futures. Minimum daily volume 100,000,000 shares for equities.

Statistical Edge Metrics

Target win rate: 48%. Target average win: 3.0R. Target average loss: 1.0R. Target profit factor: 1.4. Expectancy: 0.44.

Failure Conditions

Price fails to hold ATH after breakout. High volume rejection at ATH. Market sentiment turns negative. Higher timeframe trend reverses.

Psychological Rules

Manage fear of missing out. Avoid overconfidence. Stick to exit plan.

Advanced Components

Use market internals (e.g., TICK, ADVANCE/DECLINE line) to confirm strength. Look for correlation with sector performance. Use 5-minute chart for precise retest entry.

Location

Strongest when ATH is broken after a long consolidation. Weakest when ATH is broken on low volume or during an extended parabolic move.