This intraday strategy focuses on SPX500, using the 5m chart and entries during NY session (8:30am–4pm ET). You wait for a sweep of the previous “London” session’s high/low (defined as midnight to 8am NY time), followed by a break of structure and a Fair Value Gap (FVG). Only take longs in discount zones and shorts in premium, based on the recent high/low.

Entry is on a retest of the FVG that caused the BOS. Stop goes at the recent swing before BOS. TP aims for 2R minimum, either the midpoint of the prior range or the first swing point that provides 2R+. Stops move to breakeven after 1R. No trades during high impact news, invalidated if price sweeps the other side of London range before entry, or the distance from entry to TP is less than $10.