Trade Strategy 9.30.16

Markets

Deutsche Bank -4% in Frankfurt, as worrying headlines continue to surface and traders fear contagion due to its position at the heart of world finance. A report yesterday suggested a number of hedge funds were cutting back their exposure to the lender, coming on top of a $14B fine the DOJ wants Deutsche (NYSE:DB) to pay and suggestions the German government won’t be helping the ailing bank. In June, the IMF described the institution as “the most important net contributor to systemic risks in the global banking system.”

In Asia, Japan -1.5% to 16449. Hong Kong -1.9% to 23297. China +0.2% to 3004. India +0.1% to 27865.
In Europe, at midday, London -0.9%. Paris -1.4%. Frankfurt -1.1%.
Futures at 6:20, Dow -0.2%. S&P -0.2%. Nasdaq -0.3%. Crude -1.1% to $47.30. Gold +0.3% to $1329.90.
Ten-year Treasury Yield -1 bps to 1.54%

(Source: Seeking Alpha)

Economic Calendar

8:30 Personal income and outlays
8:30 Chicago PMI
10:00 Consumer sentiment
1:00 PM Baker-Hughes Rig Count
1:00 PM Fed’s Kaplan speech

PTG Trading

Yesterday’s Session began a new Cycle Day 1 and we stated in DTS Briefing 9.29.16Prior cycle targets have been exceeded, so as such, the next cycle decline could potentially begin as would be normal for today.”  The decline did unfold as price failed to hold bid above CD3 High (2166.25) and subsequently testing 2136.25, prior CD1 Low.

Today is Cycle Day 2 (CD2)…Expectation is for price to hold at or above new CD1 Low (2137.25) and produce some type of rally into quarter-end window dressing.

Range Projections and Key Levels

HOD Range Projection: 2155.50; LOD Range Projection: 2130.00; Cycle Day 1 Low: 2137.25; 3 Day Central Pivot: 2151.50; 3 Day Cycle Target: 2156.00; 10 Day Average True Range: 19.60

**Note: The odds highlighted are NOT predictions or trade recommendations, rather a guide based upon historical observed occurrences.

Click Here

Today’s Hypotheses: September (Z) Contract

*****The levels outlined below are more general framework within a larger range…They are to be used are reference prices from which to consider trade opportunities, not hard trade levels.

Scenario 1: IF price holds above 2137.25 (CD1 Low), THEN expectation is for a rally attempt to reach 2150 – 2153 Three-Day Central Pivot Zone. Further strength above this zone targets 2156 Average 3 Day Cycle Target.

Scenario 2: Violation and conversion below 2137.25 (CD1 Low) opens door for continuation selling targeting 2130 – 2128.50 zone.

Trade Strategy: Our tactical trade strategy will simply remain unaltered…We’ll be flexible to trade both long and short side from Decision Pivot Levels. Continue to focus on Bull/Bear Stackers and Premium/Discounts. As always, remaining in alignment with dominant intra-day force increases probabilities of producing winning trades.

Stay Focused…Non-Biased…Disciplined  ALWAYS USE STOPS!

Good Trading…David

“Knowing is not enough, We must APPLY. Willing is not enough, We must DO.” –Bruce Lee

*****This trade strategy report is disseminated for “education only” and should not be viewed in any way as a recommendation to buy or sell futures products.”

PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS

IMPORTANT NOTICE! No representation is being made that the use of this strategy or any system or trading methodology will generate profits. Past performance is not necessarily indicative of future results. There is substantial risk of loss associated with trading securities and options on equities. Only risk capital should be used to trade. Trading securities is not suitable for everyone. Disclaimer: Futures, Options, and Currency trading all have large potential rewards, but they also have large potential risk. You must be aware of the risks and be willing to accept them in order to invest in these markets. Don’t trade with money you can’t afford to lose. This website is neither a solicitation nor an offer to Buy/Sell futures, options, or currencies. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this web site. The past performance of any trading system or methodology is not necessarily indicative of future results.

CFTC RULE 4.41 –HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN

Trade Strategy 9.29.16

Markets

The world’s biggest oil producers have agreed to cap output for the first time since the financial crisis. After hours of talks in Algiers, OPEC members committed to lowering production to between 32.5M-33M barrels a day, marking a drop of nearly 750K barrels from August. Oil prices, however, are currently edging off their highs as some investors take profits on Wednesday’s more than 5% surge.

In Asia, Japan +1.4% to 16693. Hong Kong +0.5% to 23739. China +0.4%to 2998. India -1.6% to 27827.
In Europe, at midday, London +1.1%. Paris +1%. Frankfurt +0.7%.
Futures at 6:20, Dow flat. S&P flat. Nasdaq flat. Crude -0.4% to $46.85. Gold +0.1% to $1324.40.
Ten-year Treasury Yield +2 bps to 1.59%

(Source: Seeking Alpha)

Economic Calendar

5:00 Fed’s Harker speech
8:30 GDP Q2
8:30 Corporate Profits
8:30 Initial Jobless Claims
8:30 International trade in goods
8:50 Fed’s Lockhart speech
9:45 Bloomberg Consumer Comfort Index
10:00 Pending Home Sales
10:00 Fed’s Powell speech
10:30 EIA Natural Gas Inventory
2:30 PM Fed’s Kashkari speech
3:00 PM Farm Prices
4:30 PM Money Supply
4:30 PM Fed Balance Sheet
5:10 PM Janet Yellen speech

PTG Trading

Bulls fended off and reversed early selling weakness closing the session near highs as Market on Close (MOC) Buy Imbalance topped $1 Billion. In overnight trade price has extended marginally higher reaching 2167 High Range Projection.

Today is Cycle Day 1 (CD1)…Prior cycle targets have been exceeded, so as such, the next cycle decline could potentially begin as would be normal for today. Keep in mind that bulls squarely have control as September comes to a close.

Range Projections and Key Levels

HOD Range Projection: 2180.50; LOD Range Projection: 2147.25; Cycle Day 1 Low: 2136.75; 3 Day Central Pivot: 2149.50; 3 Day Cycle Target: 2158.00; 10 Day Average True Range: 19.75

**Note: The odds highlighted are NOT predictions or trade recommendations, rather a guide based upon historical observed occurrences.

Click Here

Today’s Hypotheses: September (Z) Contract

*****The levels outlined below are more general framework within a larger range…They are to be used are reference prices from which to consider trade opportunities, not hard trade levels.

Scenario 1: IF price can maintain bid above 2158 handle and convert PH (2165.25) to upper support, THEN additional upside extension to 2169 – 2170.50 STATX Zone, followed by 2175 CD1 Max Penetration Level.

Scenario 2: Initial weakness would be failure to extend recent gains above PH (2165.25) along with conversion of 2158 handle to lower resistance. Should this unfold deeper corrective swing may unfold targeting 2150 – 2148 3 Day Central Pivot Zone and CD1 Average Decline Level.

Trade Strategy: Our tactical trade strategy will simply remain unaltered…We’ll be flexible to trade both long and short side from Decision Pivot Levels. Continue to focus on Bull/Bear Stackers and Premium/Discounts. As always, remaining in alignment with dominant intra-day force increases probabilities of producing winning trades.

Stay Focused…Non-Biased…Disciplined  ALWAYS USE STOPS!

Good Trading…David

“Knowing is not enough, We must APPLY. Willing is not enough, We must DO.” –Bruce Lee

*****This trade strategy report is disseminated for “education only” and should not be viewed in any way as a recommendation to buy or sell futures products.”

PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS

IMPORTANT NOTICE! No representation is being made that the use of this strategy or any system or trading methodology will generate profits. Past performance is not necessarily indicative of future results. There is substantial risk of loss associated with trading securities and options on equities. Only risk capital should be used to trade. Trading securities is not suitable for everyone. Disclaimer: Futures, Options, and Currency trading all have large potential rewards, but they also have large potential risk. You must be aware of the risks and be willing to accept them in order to invest in these markets. Don’t trade with money you can’t afford to lose. This website is neither a solicitation nor an offer to Buy/Sell futures, options, or currencies. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this web site. The past performance of any trading system or methodology is not necessarily indicative of future results.

CFTC RULE 4.41 –HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN

Trade Strategy 9.28.16

Markets

Prospects are dim for a deal among OPEC countries to cut output or freeze production, but who knows what could happen during the final day of the International Energy Forum. Despite the usual disagreements between Iran and Saudi Arabia, crude has turned positive, as traders seem to get used to the concept of “no deal” from Algiers. The rivalry could still have broader implications for the oil market, which already witnessed the failure of an OPEC production freeze in April.

In Asia, Japan -1.3% to 16465. Hong Kong +0.2% to 23619. China -0.3% to 2987. India +0.2% to 28292.
In Europe, at midday, London +0.8%. Paris +1.1%. Frankfurt +1%.
Futures at 6:20, Dow flat. S&P flat. Nasdaq +0.1%. Crude +0.9% to $45.07. Gold -0.1% to $1329.
Ten-year Treasury Yield +2 bps to 1.58%

(Source: Seeking Alpha)

Economic Calendar

7:00 MBA Mortgage Applications
8:30 Durable Goods
10:00 Yellen delivers semi-annual testimony
10:15 Fed’s Bullard speech
10:30 EIA Petroleum Inventories
11:30 Results of $13B, 2-Year FRN Auction
1:00 PM Results of $28B, 7-Year Note Auction
1:30 PM Fed’s Evans speech
4:35 PM Fed’s Mester: Economic Outlook
7:15 PM Fed’s George speech

PTG Trading

Early test of Cycle Day 1 Low (2136.75) lead to textbook Cycle Day 2 Rally reaching upper target levels. In overnight trade price has extended gains to 2158 achieving the Three-Day Cycle Rally Target.

Today is Cycle Day 3 (CD3)…Current momentum favors Bulls above 2146 handle. Upper target zone (2157 – 2160) has been touched in overnight trade. Bulls will need to power through this zone to expand the current rally. Sign of Weakness (SOW) would be converting 2146 handle to lower resistance.

Range Projections and Key Levels

HOD Range Projection: 2167.00; LOD Range Projection: 2138.00; Cycle Day 1 Low: 2136.75; 3 Day Central Pivot: 2150.75; 3 Day Cycle Target: 2158.00; 10 Day Average True Range: 19.88

**Note: The odds highlighted are NOT predictions or trade recommendations, rather a guide based upon historical observed occurrences.

Click Here

Today’s Hypotheses: September (Z) Contract

*****The levels outlined below are more general framework within a larger range…They are to be used are reference prices from which to consider trade opportunities, not hard trade levels.

Scenario 1: IF price holds above 2146 and converts PH (2154.00) to upper support, THEN upside expansion targets measure 2157 – 2160 STATX Zone, followed by 2167.00 HOD Range Projection.

Scenario 2: Initial Sign of Weakness (SOW) would be violation and conversion of 2146 handle to lower resistance. IF this unfolds, THEN lower levels to be mindful of are: 2143.50…2141.00…2138.00…2136.75.

Trade Strategy: Our tactical trade strategy will simply remain unaltered…We’ll be flexible to trade both long and short side from Decision Pivot Levels. Continue to focus on Bull/Bear Stackers and Premium/Discounts. As always, remaining in alignment with dominant intra-day force increases probabilities of producing winning trades.

Stay Focused…Non-Biased…Disciplined  ALWAYS USE STOPS!

Good Trading…David

“Knowing is not enough, We must APPLY. Willing is not enough, We must DO.” –Bruce Lee

*****This trade strategy report is disseminated for “education only” and should not be viewed in any way as a recommendation to buy or sell futures products.”

PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS

IMPORTANT NOTICE! No representation is being made that the use of this strategy or any system or trading methodology will generate profits. Past performance is not necessarily indicative of future results. There is substantial risk of loss associated with trading securities and options on equities. Only risk capital should be used to trade. Trading securities is not suitable for everyone. Disclaimer: Futures, Options, and Currency trading all have large potential rewards, but they also have large potential risk. You must be aware of the risks and be willing to accept them in order to invest in these markets. Don’t trade with money you can’t afford to lose. This website is neither a solicitation nor an offer to Buy/Sell futures, options, or currencies. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this web site. The past performance of any trading system or methodology is not necessarily indicative of future results.

CFTC RULE 4.41 –HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN

Trade Strategy 9.27.16

Markets

Saudi Arabia and Iran have dashed hopes that OPEC oil producers could clinch an output-limiting deal in Algeria this week as sources within the exporter group said differences between the kingdom and Tehran remained too wide. Ministers have also called the gathering a “consultative meeting,” saying “it wasn’t time for decision-making.” A formal OPEC meeting will take place in Vienna on Nov. 30, when a supply agreement may be reached.

In Asia, Japan +0.8% to 16683. Hong Kong +1.1% to 23571. China +0.6% to 2998. India -0.3% to 28223.
In Europe, at midday, London -0.2%. Paris -0.5%. Frankfurt -0.8%.
Futures at 6:20, Dow +0.2%. S&P +0.2%. Nasdaq +0.2%. Crude -1.4% to $45.30. Gold -0.2% to $1340.90.
Ten-year Treasury Yield -1 bps to 1.58%

(Source: Seeking Alpha)

Economic Calendar

8:55 Redbook Chain Store Sales
9:00 S&P Case-Shiller Home Price Index
9:45 PMI Services Index Flash
10:00 Consumer Confidence
10:00 State Street Investor Confidence Index
10:00 Richmond Fed Mfg.
11:15 Stanley Fischer speech
1:00 PM Results of $34B, 5-Year Note Auction

PTG Trading

Market’s continued their decline exceeding all Cycle Day 1 lower projections as “risk-off” across asset classes particularly financials weighed heavily with investors/traders.

Today is Cycle Day 2 (CD2)…Price is up in overnight trade as post-debate relief rally from the “status-quo” traders helped prop-up futures. Bulls will need to demonstrate their enthusiasm throughout the cash market to validate their resolve. Further weakness below CD1 Low (2136.75) squelches this bump up in price.

Range Projections and Key Levels

HOD Range Projection: 2155.00; LOD Range Projection: 2132.50; Cycle Day 1 Low: 2136.75; 3 Day Central Pivot: 2157.00; 3 Day Cycle Target: 2155.00; 10 Day Average True Range: 21.67

**Note: The odds highlighted are NOT predictions or trade recommendations, rather a guide based upon historical observed occurrences.

Click Here

Today’s Hypotheses: September (Z) Contract

*****The levels outlined below are more general framework within a larger range…They are to be used are reference prices from which to consider trade opportunities, not hard trade levels.

Scenario 1: IF price can hold above 2136.75 (CD1 Low), THEN the rally which began in overnight trade has potential to continue. First objective will be to convert 2142 handle to support…Second objective will be to push above 2148 handle to continue the current rally.

Scenario 2: Initial Sign of Weakness (SOW) will be violation and conversion of 2142 handle to resistance. IF this occurs, THEN a test of 2136.75 (CD1 Low) would be expected to unfold. Failure to hold this level opens door for further decline measuring 2125 CD2 Maximum Violation Level.

Trade Strategy: Our tactical trade strategy will simply remain unaltered…We’ll be flexible to trade both long and short side from Decision Pivot Levels. Continue to focus on Bull/Bear Stackers and Premium/Discounts. As always, remaining in alignment with dominant intra-day force increases probabilities of producing winning trades.

Stay Focused…Non-Biased…Disciplined  ALWAYS USE STOPS!

Good Trading…David

“Knowing is not enough, We must APPLY. Willing is not enough, We must DO.” –Bruce Lee

*****This trade strategy report is disseminated for “education only” and should not be viewed in any way as a recommendation to buy or sell futures products.”

PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS

IMPORTANT NOTICE! No representation is being made that the use of this strategy or any system or trading methodology will generate profits. Past performance is not necessarily indicative of future results. There is substantial risk of loss associated with trading securities and options on equities. Only risk capital should be used to trade. Trading securities is not suitable for everyone. Disclaimer: Futures, Options, and Currency trading all have large potential rewards, but they also have large potential risk. You must be aware of the risks and be willing to accept them in order to invest in these markets. Don’t trade with money you can’t afford to lose. This website is neither a solicitation nor an offer to Buy/Sell futures, options, or currencies. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this web site. The past performance of any trading system or methodology is not necessarily indicative of future results.

CFTC RULE 4.41 –HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN

Trade Strategy 9.26.16

Markets

Stocks are getting jittery ahead of a week that could shake up the financial markets. The presidential debate and OPEC could spur some volatility, while a rush of consumer, manufacturing and other data may reveal whether the U.S. economy is really beginning to struggle. After holding off on a rate hike last Wednesday, the Fed will also keep itself on the radar, with testimony from Janet Yellen and a fresh round of speeches from regional presidents.

In Asia, Japan -1.3% to 16544. Hong Kong -1.6% to 23318. China -1.8% to 2980. India -1.4% to 28280.
In Europe, at midday, London -1.2%. Paris -1.8%. Frankfurt -1.6%.
Futures at 6:00, Dow -0.6%. S&P -0.6%. Nasdaq -0.7%. Crude +0.7% to $44.77. Gold -0.1% to $1340.30.
Ten-year Treasury Yield -1 bps to 1.6%

(Source: Seeking Alpha)

Economic Calendar

9:30 Fed’s Kashkari: “Too Big to Fail”
10:00 New Home Sales
10:30 Dallas Fed Manufacturing Survey
1:00 PM Results of $26B, 2-Year Note Auction

PTG Trading

Cycle Day 3 failed to pushed above an already extended high and as such this cycle’s decline began in earnest in prior session. Price continued its downward slide in overnight trade reaching 2148 which is CD1 Maximum Violation Level.

Today is Cycle Day 1 (CD1)…Violation of CD3 Low (2156) opens door for deeper downside trade action with lower targets 2144 – 2141 zone.

Range Projections and Key Levels

HOD Range Projection: 2168.50; LOD Range Projection: 2141.25; Cycle Day 1 Low: 2126.25; 3 Day Central Pivot: 2157.50; 3 Day Cycle Target: 2174.00; 10 Day Average True Range: 24.25

**Note: The odds highlighted are NOT predictions or trade recommendations, rather a guide based upon historical observed occurrences.

Click Here

Today’s Hypotheses: September (Z) Contract

*****The levels outlined below are more general framework within a larger range…They are to be used are reference prices from which to consider trade opportunities, not hard trade levels.

Scenario 1: Price will need to hold above 2144 handle and convert 2150 to support to get a rally back above 2156 (CD3 Low). Resistance should develop between 2157 – 2161 zone.

Scenario 2: Price has violated CD3 Low (2156) and trading near 2148 lower violation level. Further weakness below would give up all of last weeks rally. 2144 – 2141 support zone.

Trade Strategy: Our tactical trade strategy will simply remain unaltered…We’ll be flexible to trade both long and short side from Decision Pivot Levels. Continue to focus on Bull/Bear Stackers and Premium/Discounts. As always, remaining in alignment with dominant intra-day force increases probabilities of producing winning trades.

Stay Focused…Non-Biased…Disciplined  ALWAYS USE STOPS!

Good Trading…David

“Knowing is not enough, We must APPLY. Willing is not enough, We must DO.” –Bruce Lee

*****This trade strategy report is disseminated for “education only” and should not be viewed in any way as a recommendation to buy or sell futures products.”

PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS

IMPORTANT NOTICE! No representation is being made that the use of this strategy or any system or trading methodology will generate profits. Past performance is not necessarily indicative of future results. There is substantial risk of loss associated with trading securities and options on equities. Only risk capital should be used to trade. Trading securities is not suitable for everyone. Disclaimer: Futures, Options, and Currency trading all have large potential rewards, but they also have large potential risk. You must be aware of the risks and be willing to accept them in order to invest in these markets. Don’t trade with money you can’t afford to lose. This website is neither a solicitation nor an offer to Buy/Sell futures, options, or currencies. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this web site. The past performance of any trading system or methodology is not necessarily indicative of future results.

CFTC RULE 4.41 –HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN

Trade Strategy 9.23.16

Markets

The Fed-fuelled rally that catapulted equities out of the summer doldrums this week is showing some signs of fatigue. Despite the downward movement, there is plenty of Fedspeak on the calendar to keep investors busy for the rest of the day. Fed Presidents Patrick Harker, Loretta Mester and Dennis Lockhart are set to appear on a “Presidents’ Perspectives” panel, Neel Kashkari will host a Twitter Q&A and Robert Kaplan will give his post-Fed meeting views at a speech in Houston.

Saudi Arabia has offered to lower its oil production if Iran agrees to cap output this year at its current level of 3.6M bpd. The proposal was made earlier this month, sources told Reuters, and would be a major compromise ahead of talks in Algeria next week. Ironic? The last two OPEC meetings held in the country – in 2004 and 2008 – led to unexpected production cuts to prop up prices.

In Asia, Japan -0.3% to 16754. Hong Kong -0.3% to 23686. China -0.3% to 3033. India -0.4% to 28668.
In Europe, at midday, London -0.1%. Paris -0.5%. Frankfurt -0.3%.
Futures at 6:20, Dow -0.1%. S&P -0.1%%. Nasdaq -0.1%%. Crude +0.2% to $46.40. Gold -0.3% to $1341.30.
Ten-year Treasury Yield -2 bps to 1.61%

(Source: Seeking Alpha)

Economic Calendar

9:45 PMI Manufacturing Index Flash
10:00 Atlanta Fed’s Business Inflation Expectations
12:20 PM Regional Fed Presidents panel
12:30 PM Fed’s Kaplan speech
1:00 PM Baker-Hughes Rig Count

PTG Trading

Markets continued to rally post Fed reaching 2166.50 CD2 Max Penetration Level where price consolidated throughout the cash session. Overnight trade has price drifting lower as buyers have pulled away…Initial support zone is marked 2158 – 2160. Fialure to hold opens door to deeper corrective move.

Today is Cycle Day 3 (CD3)…Having reached upper maximum cycle price targets, the next decline can begin at any time.

Range Projections and Key Levels

HOD Range Projection: 2191.50; LOD Range Projection: 2141.25; Cycle Day 1 Low: 2126.25; 3 Day Central Pivot: 2148.50; 3 Day Cycle Target: 2147.00; 10 Day Average True Range: 28.23

**Note: The odds highlighted are NOT predictions or trade recommendations, rather a guide based upon historical observed occurrences.

Click Here

Today’s Hypotheses: September (Z) Contract

*****The levels outlined below are more general framework within a larger range…They are to be used are reference prices from which to consider trade opportunities, not hard trade levels.

Scenario 1: Price will need to hold above 2162 handle and convert 2168 to new upper support to continue the current upswing. Upper target measures 2175 – 2178 STATX Zone.

Scenario 2: Initial Sign of Weakness (SOW) would be a violation of 2162 handle with confirmation below 2158 – 2160 key support zone. IF this occurs, THEN deeper downside may unfold targeting 2154.75 – 2152.50 lower STATX Zone.

Trade Strategy: Our tactical trade strategy will simply remain unaltered…We’ll be flexible to trade both long and short side from Decision Pivot Levels. Continue to focus on Bull/Bear Stackers and Premium/Discounts. As always, remaining in alignment with dominant intra-day force increases probabilities of producing winning trades.

Stay Focused…Non-Biased…Disciplined  ALWAYS USE STOPS!

Good Trading…David

“Knowing is not enough, We must APPLY. Willing is not enough, We must DO.” –Bruce Lee

*****This trade strategy report is disseminated for “education only” and should not be viewed in any way as a recommendation to buy or sell futures products.”

PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS

IMPORTANT NOTICE! No representation is being made that the use of this strategy or any system or trading methodology will generate profits. Past performance is not necessarily indicative of future results. There is substantial risk of loss associated with trading securities and options on equities. Only risk capital should be used to trade. Trading securities is not suitable for everyone. Disclaimer: Futures, Options, and Currency trading all have large potential rewards, but they also have large potential risk. You must be aware of the risks and be willing to accept them in order to invest in these markets. Don’t trade with money you can’t afford to lose. This website is neither a solicitation nor an offer to Buy/Sell futures, options, or currencies. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this web site. The past performance of any trading system or methodology is not necessarily indicative of future results.

CFTC RULE 4.41 –HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN

Trade Strategy 9.22.16

Markets

U.S. futures are heading higher after the Federal Reserve left rates unchanged and lowered its forecasts. The Fed’s decision shouldn’t be interpreted as a lack of confidence in the economy, Janet Yellen said during her quarterly news conference, but gave a fairly strong indication that a hike will happen before 2016 is over. She also rejected the suggestion that the central bank bases its decisions on partisan politics.

In Asia, Japan closed. Hong Kong +0.4% to 23759. China +0.5% to 3042. India +0.9% to 28773.
In Europe, at midday, London +1.2%. Paris +1.9%. Frankfurt +1.9%.
Futures at 6:20, Dow +0.4%. S&P +0.3%. Nasdaq +0.4%. Crude +1.1% to $45.84. Gold +0.4% to $1336.60.
Ten-year Treasury Yield -2 bps to 1.64%

(Source: Seeking Alpha)

Economic Calendar

8:30 Initial Jobless Claims
8:30 Chicago Fed National Activity Index
9:00 FHFA House Price Index
9:45 Bloomberg Consumer Comfort Index
10:00 Existing Home Sales
10:00 Leading Indicators
10:30 EIA Natural Gas Inventory
11:00 Kansas City Fed Mfg Survey
4:30 PM Money Supply
4:30 PM Fed Balance Sheet

PTG Trading

Price “coilation” (my word meaning: coiling) always leads to a breakout, which is what happened in prior session. Fed Policy Statement and Yellen’s comments seemed more dovish than hawkish, which has been recent guidance and as such buyers pushed price higher creating a short squeeze for those improperly positioned. Price reached 2157 handle which was our highest Statistical Extreme (STATX) projection.

Today is Cycle Day 2 (CD2)…Upside momentum remains intact but may fade early if the Fed’s shine dims quickly. First support marker is 2151.50, then 2146.75 Central Pivot. Upside projection for today measures 2166.50.

Range Projections and Key Levels

HOD Range Projection: 2180.00; LOD Range Projection: 2136.50; Cycle Day 1 Low: 2126.25; 3 Day Central Pivot: 2139.00; 3 Day Cycle Target: 2147.00; 10 Day Average True Range: 27.38

**Note: The odds highlighted are NOT predictions or trade recommendations, rather a guide based upon historical observed occurrences.

Click Here

Today’s Hypotheses: September (Z) Contract

*****The levels outlined below are more general framework within a larger range…They are to be used are reference prices from which to consider trade opportunities, not hard trade levels.

Scenario 1: IF price holds above PH (2157.50), THEN initial upside objective is 2162.50, followed by 2166.50 STATX Zone.

Scenario 2: First Sign of Weakness (SOW) would be a reversal below PH( 2157.50), followed by violation and conversion of 2151.50 marker. IF this occurs, THEN lower projection measures 2146.75 Central Pivot.

Trade Strategy: Our tactical trade strategy will simply remain unaltered…We’ll be flexible to trade both long and short side from Decision Pivot Levels. Continue to focus on Bull/Bear Stackers and Premium/Discounts. As always, remaining in alignment with dominant intra-day force increases probabilities of producing winning trades.

Stay Focused…Non-Biased…Disciplined  ALWAYS USE STOPS!

Good Trading…David

“Knowing is not enough, We must APPLY. Willing is not enough, We must DO.” –Bruce Lee

*****This trade strategy report is disseminated for “education only” and should not be viewed in any way as a recommendation to buy or sell futures products.”

PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS

IMPORTANT NOTICE! No representation is being made that the use of this strategy or any system or trading methodology will generate profits. Past performance is not necessarily indicative of future results. There is substantial risk of loss associated with trading securities and options on equities. Only risk capital should be used to trade. Trading securities is not suitable for everyone. Disclaimer: Futures, Options, and Currency trading all have large potential rewards, but they also have large potential risk. You must be aware of the risks and be willing to accept them in order to invest in these markets. Don’t trade with money you can’t afford to lose. This website is neither a solicitation nor an offer to Buy/Sell futures, options, or currencies. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this web site. The past performance of any trading system or methodology is not necessarily indicative of future results.

CFTC RULE 4.41 –HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN

Trade Strategy 9.21.16

Markets

Japan’s central bank held rates steady at -0.1% following its latest meeting, but announced it would modify its policy framework, marking the latest attempt to boost prices and goose economic growth. Among the changes, the BOJ said it would introduce yield curve controls, eliminate the maturity range of its bond purchases, abandon its monetary base targets and confirmed that cutting rates further remained an option. Nikkei +1.9%.

Traders are now shifting their focus to the Federal Reserve, which is scheduled to release its policy statement and updated summary of economic projections at 2 p.m. ET. Chairwoman Janet Yellen will hold her press conference a half hour later. With weaker-than-expected economic data prompting many to call off bets on a rate hike, investors will be looking for signals about where borrowing costs are headed in the months and years ahead.

In Asia, Japan +1.9% to 16807. Hong Kong +0.6% to 23669. China +0.1% to 3025. India -0.1% to 28507.
In Europe, at midday, London +0.4%. Paris +1.3%. Frankfurt +1.1%.
Futures at 6:20, Dow +0.4%. S&P +0.4%. Nasdaq +0.5%. Crude +2.2% to $45.00. Gold +0.5% to $1324.10.
Ten-year Treasury Yield flat at 1.69%

(Source: Seeking Alpha)

Economic Calendar

7:00 MBA Mortgage Applications
10:30 EIA Petroleum Inventories
2:00 PM FOMC Announcement
2:00 PM FOMC Forecast
2:00 PM Chairman Press Conference

PTG Trading

Price opened in prior cash session with a bullish “inside gap”…which failed to hold bid above ORRMP. As such sellers continued to build throughout the session progressively pushing price lower to test the Three-Day Central Pivot (2132.25) where buyers stepped-in to stop the decline. Overnight action has price rallying sharply higher ahead of FED Policy Decision later today.

Today is Cycle Day 1 (CD1)…Normal for decline which began in prior session to continue…though early action has price rallying.

Expectation is low for the Fed to hike at today’s meeting, though the focus will be primarily on their infamous “Dot Plot” Array. All but four of 102 economists surveyed by Bloomberg predicting the Fed will hold off from raising interest rates – she is expected to do nothing, while lowering rate hike expectations further.-Zero Hedge

Click on icon below to view the Implied Fed Funds Target Rate “Dot-Plot”

Download Image

Range Projections and Key Levels

HOD Range Projection: 2152.00; LOD Range Projection: 2118.25; Cycle Day 1 Low: 2123.00; 3 Day Central Pivot: 2133.75; 3 Day Cycle Target: 2147.00; 10 Day Average True Range: 25.73

**Note: The odds highlighted are NOT predictions or trade recommendations, rather a guide based upon historical observed occurrences.

Click Here

Today’s Hypotheses: September (Z) Contract

*****The levels outlined below are more general framework within a larger range…They are to be used are reference prices from which to consider trade opportunities, not hard trade levels.

Scenario 1: Price will need to clear and convert PH (2143.50) to upper support to increase odds of continued rally which began in overnight session. Projected targets are: 2147…2152 – 54 zone.

Scenario 2: IF price fails to convert 2143.50 to support and sellers return with aggressiveness shown in prior session, THEN expectation will be for retest of 2130 – 32 pivot lows.

Trade Strategy: Our tactical trade strategy will simply remain unaltered…We’ll be flexible to trade both long and short side from Decision Pivot Levels. Continue to focus on Bull/Bear Stackers and Premium/Discounts. As always, remaining in alignment with dominant intra-day force increases probabilities of producing winning trades.

Stay Focused…Non-Biased…Disciplined  ALWAYS USE STOPS!

Good Trading…David

“Knowing is not enough, We must APPLY. Willing is not enough, We must DO.” –Bruce Lee

*****This trade strategy report is disseminated for “education only” and should not be viewed in any way as a recommendation to buy or sell futures products.”

PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS

IMPORTANT NOTICE! No representation is being made that the use of this strategy or any system or trading methodology will generate profits. Past performance is not necessarily indicative of future results. There is substantial risk of loss associated with trading securities and options on equities. Only risk capital should be used to trade. Trading securities is not suitable for everyone. Disclaimer: Futures, Options, and Currency trading all have large potential rewards, but they also have large potential risk. You must be aware of the risks and be willing to accept them in order to invest in these markets. Don’t trade with money you can’t afford to lose. This website is neither a solicitation nor an offer to Buy/Sell futures, options, or currencies. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this web site. The past performance of any trading system or methodology is not necessarily indicative of future results.

CFTC RULE 4.41 –HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN

Trade Strategy 9.20.16

Markets

U.S. futures are heading higher as traders focus on the upcoming policy announcements from the Federal Reserve and Bank of Japan. While the Fed is widely anticipated to leave interest rates unchanged, expectations for the BOJ are more mixed, with investors split on whether it will cut rates further into negative territory, alter its bond purchase program or signal a shift in monetary policy. Both decisions will come tomorrow.

In Asia, Japan -0.1% to 16492. Hong Kong -0.1% to 23530. China -0.1% to 3023. India -0.4% to 28523.
In Europe, at midday, London +0.4%. Paris +0.6%. Frankfurt +0.6%.
Futures at 6:20, Dow +0.3%. S&P +0.4%. Nasdaq +0.4%. Crude -0.6% to $43.04. Gold flat at $1318.
Ten-year Treasury Yield flat at 1.69%

(Source: Seeking Alpha)

Economic Calendar

FOMC meeting begins
8:30 Housing Starts
8:55 Redbook Chain Store Sales

PTG Trading

Textbook Cycle Day 2 in prior session as price failed to hold bid and retracement selling began pushing lower to test lower pivot zones outline in prior DTS Briefing 9.19.16. Three-Day Central Pivot Zone has shifted back to bullish formation and as such becomes key support on pullbacks…Current 3D CPZ is 2131.25 – 2133.5.

Today is Cycle Day 3 (CD3)…Bulls have momentum heading into Fed Meeting…There remains room to move prices higher targeting 2147…2154- 56 zone.

Range Projections and Key Levels

HOD Range Projection: 2156.50; LOD Range Projection: 2116.25; Cycle Day 1 Low: 2123.00; 3 Day Central Pivot: 2132.25; 3 Day Cycle Target: 2147.00; 10 Day Average True Range: 25.80

**Note: The odds highlighted are NOT predictions or trade recommendations, rather a guide based upon historical observed occurrences.

Click Here

Today’s Hypotheses: September (Z) Contract

*****The levels outlined below are more general framework within a larger range…They are to be used are reference prices from which to consider trade opportunities, not hard trade levels.

Scenario 1: Price will need to hold any selling above 2136.00 Central Pivot to keep the current upswing intact. First objective is to clear & convert PH (2146.75) to new upper support. IF this occurs, THEN upside is wide open to 2154 – 56 zone.

Scenario 2: Initial Sign of Weakness (SOW) would be to violate 2136 handle followed by violating and converting 2132.25 to lower resistance. Should this scenario unfold Bulls will have lost control, opening the door lower targeting 2126.50 – 2124.25 STATX Zone.

Trade Strategy: Our tactical trade strategy will simply remain unaltered…We’ll be flexible to trade both long and short side from Decision Pivot Levels. Continue to focus on Bull/Bear Stackers and Premium/Discounts. As always, remaining in alignment with dominant intra-day force increases probabilities of producing winning trades.

Stay Focused…Non-Biased…Disciplined  ALWAYS USE STOPS!

Good Trading…David

“Knowing is not enough, We must APPLY. Willing is not enough, We must DO.” –Bruce Lee

*****This trade strategy report is disseminated for “education only” and should not be viewed in any way as a recommendation to buy or sell futures products.”

PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS

IMPORTANT NOTICE! No representation is being made that the use of this strategy or any system or trading methodology will generate profits. Past performance is not necessarily indicative of future results. There is substantial risk of loss associated with trading securities and options on equities. Only risk capital should be used to trade. Trading securities is not suitable for everyone. Disclaimer: Futures, Options, and Currency trading all have large potential rewards, but they also have large potential risk. You must be aware of the risks and be willing to accept them in order to invest in these markets. Don’t trade with money you can’t afford to lose. This website is neither a solicitation nor an offer to Buy/Sell futures, options, or currencies. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this web site. The past performance of any trading system or methodology is not necessarily indicative of future results.

CFTC RULE 4.41 –HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN

Trade Strategy 9.19.16

Markets

Excessive credit growth in China is signaling an increasing risk of a banking crisis in the next three years, according to the Bank of International Settlements’ quarterly review. The central bank of central bankers also called the recent equity rally “more stick than carrot,” but stopped short of warning of a bubble, with policy makers questioning whether market prices fully reflect potential risks.

OPEC and non-OPEC producers are close to reaching an output stabilizing deal, Venezuelan President Nicolas Maduro declared, a day after Iran welcomed any move aimed at market stability. OPEC members may even call an extraordinary meeting to discuss oil prices if they reach consensus at an informal gathering in Algiers this month, OPEC Secretary-General Mohammed Barkindo said during a visit to Algeria.

In Asia, Japan closed. Hong Kong +0.9% to 23550. China +0.8% to 3026. India +0.1% to 28634.
In Europe, at midday, London +1.4%. Paris +1.4%. Frankfurt +0.8%.
Futures at 6:20, Dow +0.4%. S&P +0.4%. Nasdaq +0.4%. Crude +1.3% to $44.17. Gold +0.5% to $1316.90.
Ten-year Treasury Yield -1 bps to 1.69%

(Source: Seeking Alpha)

Economic Calendar

10:00 NAHB Housing Market Index

PTG Trading

Friday’s Session was textbook Cycle Day 1  with average decline reaching 2123 target…At which time the rally began into settlement. Overnight trade action has price continuing the rally reaching 2142 handle, which is Average 3 Day Cycle Rally Target.

Today is Cycle Day 2 (CD2)…Price has continued the rally from prior session reaching cycle target and penetration levels. Bulls continue to now dominate the action, so further strength above 2144 handle will continue to expand the range. Current 10 day Average True Range is now 24.30.

Range Projections and Key Levels

HOD Range Projection: 2156.00; LOD Range Projection: 2120.00; Cycle Day 1 Low: 2123.00; 3 Day Central Pivot: 2127.00; 3 Day Cycle Target: 2142.00; 10 Day Average True Range: 24.30

**Note: The odds highlighted are NOT predictions or trade recommendations, rather a guide based upon historical observed occurrences.

Click Here

Today’s Hypotheses: September (Z) Contract

*****The levels outlined below are more general framework within a larger range…They are to be used are reference prices from which to consider trade opportunities, not hard trade levels.

Scenario 1: Price has rallied to cycle targets in overnight trade…To expand the rally, bulls will need to convert 2142 – 44 zone to upper support. IF this occurs, THEN upside potential measures 2148.50 – 2153.50 STATX Zone.

Scenario 2: Failure to convert 2142 – 44 zone to upper support keeps price contained within prior session range. Any pullback consolidation is expected to find sufficient responsive buyers between 2126.50 – 2130 pivot zone. Violation and conversion below CD1 Low (2123.00) squelches the bulls momentum.

Trade Strategy: Our tactical trade strategy will simply remain unaltered…We’ll be flexible to trade both long and short side from Decision Pivot Levels. Continue to focus on Bull/Bear Stackers and Premium/Discounts. As always, remaining in alignment with dominant intra-day force increases probabilities of producing winning trades.

Stay Focused…Non-Biased…Disciplined  ALWAYS USE STOPS!

Good Trading…David

“Knowing is not enough, We must APPLY. Willing is not enough, We must DO.” –Bruce Lee

*****This trade strategy report is disseminated for “education only” and should not be viewed in any way as a recommendation to buy or sell futures products.”

PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS

IMPORTANT NOTICE! No representation is being made that the use of this strategy or any system or trading methodology will generate profits. Past performance is not necessarily indicative of future results. There is substantial risk of loss associated with trading securities and options on equities. Only risk capital should be used to trade. Trading securities is not suitable for everyone. Disclaimer: Futures, Options, and Currency trading all have large potential rewards, but they also have large potential risk. You must be aware of the risks and be willing to accept them in order to invest in these markets. Don’t trade with money you can’t afford to lose. This website is neither a solicitation nor an offer to Buy/Sell futures, options, or currencies. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this web site. The past performance of any trading system or methodology is not necessarily indicative of future results.

CFTC RULE 4.41 –HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN