Trade Strategy 10.20.17

Markets
 
In Asia, Japan flat. Hong Kong +1.2%. China +0.3%. India -0.6%
In Europe, at midday, London +0.2%. Paris +0.2%. Frankfurt +0.3%
Futures at 6:20, Dow +0.4%. S&P +0.2%. Nasdaq +0.2%. Crude -0.8% to $51.08. Gold -0.6% to $1282.20. 
Ten-year Treasury Yield +4 bps to 2.36%
 
 (Source: Seeking Alpha)

Economic Calendar 

 

PTG Trading

We asked the question in prior DTS Briefing 10.19.17 “Lower Cycle Targets have been fulfilled overnight, so it will be of utmost importance as to how the RTH Session handles the break. Will it be BTFD or STFB?”

BTFD = “Buy The “effing” Dip”    STFB = “Sell The “effing” Bounce”

Verdict is in…It was clearly BTFD!  This keeps the rally intact with expectation of higher levels over the comings days. Options Expiration is on tap for Friday, so both directions may be in-play for today’s session.

Friday is Cycle Day 1 (CD1)…Normal is for some magnitude decline with average measuring 2547 handle. Early sign of weakness would be violation and conversion of 2558 handle, followed by break of 2556.75 – 54 3 Day Central Pivot Zone.

STAY NIMBLE and ALWAYS USE PROTECTIVE STOPS.

Range Projections and Key Levels (ES)

HOD  ATR Range Projection: 2567.85; LOD ATR Range Projection: 2563.40; Cycle Day 1 Low: 2552.25; 3 Day Central Pivot: 2556.75; 3 Day Cycle Target: 2577.00; 10 Day Average True Range: 8.35; VIX: 9.93

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

Click Here

Today’s Hypotheses: December 2017 (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 clears and converts PH (2561.50), THEN upside targets measures 2570.25, followed by 2573 cycle range high.

Scenario 2:  IF price violates and converts 2558 to lower resistance, THEN downside targets 2554 VPOC, followed by 2547 CD1 average decline.

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 10.19.17

Markets
 
In Asia, Japan +0.4%. Hong Kong -1.9%. China -0.4%. India -0.1%
In Europe, at midday, London -0.3%. Paris -0.5%. Frankfurt -0.6%
Futures at 6:20, Dow -0.5%. S&P -0.4%. Nasdaq-0.6%. Crude -1.5% to $51.49. Gold +0.4% to $1287.50. 
Ten-year Treasury Yield -2 bps to 2.32% 
 
 (Source: Seeking Alpha)

Economic Calendar 

 

PTG Trading

S&P e-mini (ES) range has expanded to it’s widest spread in days in overnight trade, touching 2545 Possible Cycle Low projection. This qualifies for a technical break and will need to be confirmed over the coming days whether or not a more significant reversal unfolds.

Thursday is Cycle Day 3 (CD3)…Lower Cycle Targets have been fulfilled overnight, so it will be of utmost importance as to how the RTH Session handles the break. Will it be BTFD or STFB?

STAY NIMBLE and ALWAYS USE PROTECTIVE STOPS.

Range Projections and Key Levels (ES)

HOD  ATR Range Projection: 2550.75; LOD ATR Range Projection: 2552.50; Cycle Day 1 Low: 2552.25; 3 Day Central Pivot: 2556.50; 3 Day Cycle Target: 2570.00; 10 Day Average True Range: 8.25; VIX: 11.66

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

Click Here

Today’s Hypotheses: December 2017 (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:  Bulls will need to absorb the overnight selling above 2545 – 43 zone and recover back to 2555 handle.

Scenario 2:  Bears are elated this morning with the overnight break, but they need to continue to now press to take full control. 2545 – 43 zone needs to break for extended push lower.

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 10.18.17

Markets
 
 In Asia, Japan +0.1%. Hong Kong +0.1%. China +0.3%. India -0.1%
In Europe, at midday, London +0.3%. Paris +0.6%. Frankfurt +0.6%
Futures at 6:20, Dow +0.3%. S&P +0.1%. Nasdaq +0.1%. Crude +0.9% to $52.34. Gold -0.3% to $1281.90. 
Ten-year Treasury Yield +3 bps to 2.33%
 
 (Source: Seeking Alpha)

Economic Calendar 

 

PTG Trading

Uptrend continues as price holds above rising 3 Day Central Pivot Zone with no reversal signals. Traders are now talking about a “melt-up” to capitulate the shorts in a “blow-off” phase. Typically the collective intelligence is wrong most often…Stay Tuned.

Today is Cycle Day 2 (CD2)…Yet another shallow CD1 decline keeps the persistent bull trend well intact. Upside potential initially measures 2563 – 65 zone, with 2570 3 Day Cycle Target.

STAY NIMBLE and ALWAYS USE PROTECTIVE STOPS.

Range Projections and Key Levels (ES)

HOD  ATR Range Projection: 2565.00; LOD ATR Range Projection: 2552.50; Cycle Day 1 Low: 2552.25; 3 Day Central Pivot: 2554.00; 3 Day Cycle Target: 2570.00; 10 Day Average True Range: 8.65; VIX: 10.14

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

Click Here

Today’s Hypotheses: December 2017 (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 converted 2555 to upper support, as such upside now is open to extend the rally to 2565 – 70 zone.

Scenario 2:  Bears need a stalled high and reversal back down through PH (2557.75) at minimum, followed by conversion below 2555 to increase odds of a deeper decline. Break below PL (2552.25) would qualify. 

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 10.17.17

Markets
 
In Asia, Japan +0.4%. Hong Kong flat. China -0.2%. India -0.1%
In Europe, at midday, London +0.1%. Paris flat. Frankfurt flat. 
Futures at 6:20, Dow flat. S&P -0.1%. Nasdaq -0.1%. Crude +0.6% to $52.17. Gold -0.9%to $1290.70. 
Ten-year Treasury Yield flat at 2.3%
 
 (Source: Seeking Alpha)

Economic Calendar 

 

PTG Trading

S&P 500 e-mini (ES) & Nasdaq (NQ) continue to grind higher notching all-time highs as bulls persistently buy on any price dip.  Many perma-bears have begun throwing in the towel.

Tuesday is Cycle Day 1 (CD1)…Normal is for some magnitude decline with average measuring 2544 handle. Past CD1 declines have proven very shallow, so be vigilant with your trade decisions and price targets which need to be modified to current volatility.

STAY NIMBLE and ALWAYS USE PROTECTIVE STOPS.

Range Projections and Key Levels (ES)

HOD  ATR Range Projection: 2563.00; LOD ATR Range Projection: 2548.25; Cycle Day 1 Low: 2546.25; 3 Day Central Pivot: 2552.00; 3 Day Cycle Target: 2565.00; 10 Day Average True Range: 9.20; VIX: 9.61

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

Click Here

Today’s Hypotheses: December 2017 (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:  Bulls have converted 2555 to new support…This level must continue to hold to push for higher targets measuring 2560 – 63 zone.

Scenario 2:  Bears need a conversion miracle below 2555, otherwise shorts will soon feel the pinch. Initial downside targets 2550, followed by 2548 handle.

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 10.16.17

Markets
 
In Asia, Japan +0.96%. Hong Kong +0.06%. China +0.13%. India +0.78%. 
In Europe, at midday, London -0.17%. Paris +0.01%. Frankfurt +0.08%. 
Futures at 6:20, Dow +0.06%. S&P +0.04%. Nasdaq +0.06%. Crude +1.76% to $51.49. Gold -0.02% to $1,296.30. 
Ten-year Treasury Yield +2bps to 2.325%
 
 (Source: Seeking Alpha)

Economic Calendar 

8:30 Empire State Mfg Survey
9:00 Neal Kashikari Speaks
14:00 Treasury Budget
 

PTG Trading

Markets begin the week near all-time highs with low-range and equally low volatility. Option Expiration is on tap for this week with a number of Fed Governors speaking, any of which could tug n pull at market prices.

Today is Cycle Day 3 (CD3)…Bulls have struggled to clear and convert 2555 handle to upper support while Bears have exhibited no power to sustain a downside volley. Key support remains 2543 handle.

STAY NIMBLE and ALWAYS USE PROTECTIVE STOPS.

Range Projections and Key Levels (ES)

HOD  ATR Range Projection: 2562.50; LOD ATR Range Projection: 2543.50; Cycle Day 1 Low: 2546.25; 3 Day Central Pivot: 2550.00; 3 Day Cycle Target: 2565.00; 10 Day Average True Range: 9.20; VIX: 9.61

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

Click Here

Today’s Hypotheses: December 2017 (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:  Bulls need to hold price above 2550 and push for conversion of 2555 handle. IF successful. THEN expansion targets 2558 – 60 zone.

Scenario 2:  Bears have an opening to convert 2550 to lower resistance. IF successful, THEN  downside measures 2543 – 40 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 10.13.17

Markets
 
In Asia, Japan +0.96%. Hong Kong +0.06%. China +0.13%. India +0.78%
In Europe, at midday, London -0.17%. Paris +0.01%. Frankfurt +0.08%
Futures at 6:20, Dow +0.06%. S&P +0.04%. Nasdaq +0.06%. Crude +1.76% to $51.49. Gold -0.02% to $1,296.30. 
Ten-year Treasury Yield +2bps to 2.325%
 
 (Source: Seeking Alpha)

Economic Calendar 

8:30 Consumer Price Index
8:30 Retail Sales
8:30 Fed’s Rosengren speech
9:00 Janet Yellen Speech on Sunday
10:00 Business Inventories
10:00 Consumer Sentiment
11:30 Fed’s Kaplan speech
1:00 PM Baker-Hughes Rig Count
1:00 PM Fed’s Powell speech
2:00 PM Treasury Budget

PTG Trading

“The Incredible Shrinking Range & Volatility”

Prior session’s range for S&P 500 e-mini ES was an incredible 7 handles. Nasdaq NQ was well below it’s 10-Day Average True Range. Traders of all styles are at their “frustration-point”. Our position is one on patience with steadfast discipline. This is a good time to review your trade plan to sure-up any soft spots…Perhaps watch some of the PTG Educational Videos and review core trading concepts. 

Today is Cycle Day 2 (CD2)…There remains plenty of opportunity for price to continue to rally…What is needed is conversion of 2553 handle to new upper support. Upside target zone measures 2558 – 60.

STAY NIMBLE and ALWAYS USE PROTECTIVE STOPS.

Range Projections and Key Levels (ES)

HOD  ATR Range Projection: 2556.75; LOD ATR Range Projection: 2542.25; Cycle Day 1 Low: 2546.25; 3 Day Central Pivot: 2549.25; 3 Day Cycle Target: 2565.00; 10 Day Average True Range: 9.75; VIX: 9.84

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

Click Here

Today’s Hypotheses: December 2017 (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:  Bulls need to hold price above 2550 and push for conversion of 2553 handle. IF successful. THEN expansion targets 2558 – 60 zone.

Scenario 2:  Bears have an opening to convert 2550 to lower resistance. IF successful, THEN  downside measures 2543 – 40 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 10.12.17

Markets
 
In Asia, Japan +0.35%. Hong Kong +0.24%. China -0.06%. India +1.1%
In Europe, at midday, London +0.14%. Paris -0.14%. Frankfurt +0.05%
Futures at 6:20, Dow -0.04%. S&P -0.10%. Nasdaq -0.01%. Crude -0.80%to $50.89. Gold +0.63% to $1,297.10. 
Ten-year Treasury Yield -8 bps to 2.337%
 
 (Source: Seeking Alpha)

Economic Calendar 

8:30 Initial Jobless Claims
8:30 Producer Price Index
9:45 Bloomberg Consumer Comfort Index
10:30 EIA Natural Gas Inventory
10:30 Fed’s Reserve Gov. Lael Brainard speech
10:30 Fed’s Powell speech
11:00 EIA Petroleum Inventories
1:00 PM Results of $12B, 30-Year Note Auction
2:00 PM Treasury Budget
4:30 PM Money Supply
4:30 PM Fed Balance Sheet
7:00 PM Fed’s Bostic Speech

PTG Trading

Today is Cycle Day 1 (CD1)…Normal is for some magnitude decline with average measuring 2540 handle. Bulls retested 2553 in prior session and failed to converts. As such, bears have an opening today to push for lower. Key break-point remains 2543.

STAY NIMBLE and ALWAYS USE PROTECTIVE STOPS.

Range Projections and Key Levels (ES)

HOD  ATR Range Projection: 2557.50; LOD ATR Range Projection: 2542.50; Cycle Day 1 Low: 2539.25; 3 Day Central Pivot: 2547.50; 3 Day Cycle Target: 2565.00; 10 Day Average True Range: 9.88; VIX: 9.99

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

Click Here

Today’s Hypotheses: December 2017 (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:  Bulls need to hold price above 2550 and push for conversion of 2553 handle. IF successful. THEN expansion targets 2557 – 59 zone.

Scenario 2:  Bears have an opening to convert 2550 to lower resistance. IF successful, THEN  downside measures 2543 – 40 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 10.11.17

Markets
 
In Asia, Japan +0.28%. Hong Kong -0.36%. China +0.16%. India -0.28%
In Europe, at midday, London -0.08%. Paris -0.18%. Frankfurt +0.02%
Futures at 6:20, Dow -0.06%. S&P -0.11%. Nasdaq -0.11%. Crude +0.82% to $51.34. Gold -0.16% to $1,291.70. 
Ten-year Treasury Yield +1bps tp 2.346%
 
 (Source: Seeking Alpha)

Economic Calendar 

7:00 MBA Mortgage Applications
9:00 Fed’s Evans: Monetary Policy
10:00 Job Openings and Labor Turnover Survey
1:00 PM Results of $24B, 3-Year Note Auction
1:00 PM Results of $20B, 10-Year Note Auction
2:00 PM FOMC minutes

PTG Trading

Failed breakout attempt for indexes in prior session sent prices back into their respective ranges and stabilized by settlement. Quiet overnight trade keeps price within a consolidating uptrend. It would take a decisive conversion below two consecutive 3 Day Central Pivot Zones to quality for a shift in sentiment.

Today is Cycle Day 3 (CD3)…Price did achieve the minimum 3 Day Cycle Rally Target 2552 – 54 zone, so as such the next decline can begin at anytime. Bears still need to convert 2543 handle to lower resistance.

STAY NIMBLE and ALWAYS USE PROTECTIVE STOPS.

Range Projections and Key Levels (ES)

HOD  ATR Range Projection: 2555.00; LOD ATR Range Projection: 2539.00; Cycle Day 1 Low: 2539.25; 3 Day Central Pivot: 2546.00; 3 Day Cycle Target: 2555.00; 10 Day Average True Range: 10.77; VIX: 10.31

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

Click Here

Today’s Hypotheses: December 2017 (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 clears and converts 2550, THEN upside targets 2555 handle.

Scenario 2:  IF price violates and converts 2543, THEN downside targets 2539 handle.

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 10.10.17

Markets
 
In Asia, Japan +0.64%. Hong Kong +0.58%. China +0.26%. India +0.24%
In Europe, at midday, London +0.20%. Paris -0.09%. Frankfurt -0.14%
Futures at 6:20, Dow +0.15%. S&P +0.13%. Nasdaq +0.17%. Crude +0.89% to $50.01. Gold +0.65% to $1,293.40. 
Ten-year Treasury Yield -14 bps to 2.354%.
 
 (Source: Seeking Alpha)

Economic Calendar 

6:00 NFIB Small Business Optimism Index
8:55 Redbook Chain Store Sales
10:00 Fed’s Kashkari speech

PTG Trading

S&P e-mini (ES) declined to reach target outlined in prior DTS Briefing 10.9.17. Scenario 2:  IF price violates and converts 2545 to lower resistance, THEN inital downside targets 2540.”

Today is Cycle Day 2 (CD2)…Normal would be for rally from CD1 Low (2539.25) targeting 2552 -54 zone. Potential does exist for a retest of CD1 Low for surety of a secure cycle low.

STAY NIMBLE and ALWAYS USE PROTECTIVE STOPS.

Range Projections and Key Levels (ES)

HOD  ATR Range Projection: 2553.63; LOD ATR Range Projection: 2537.63; Cycle Day 1 Low: 2539.25; 3 Day Central Pivot: 2545.00; 3 Day Cycle Target: 2561.00; 10 Day Average True Range: 10.63; VIX: 10.14

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

Click Here

Today’s Hypotheses: December 2017 (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 clears and converts 2546 to upper support, THEN upside targets 2552 – 54 average cycle rally

Scenario 2:  IF price violates and converts 2544 to lower resistance, THEN odds favors a retest of CD1 Low (2539.25). Further conversion of this level targets 2534 handle.

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 10.9.17

Markets
 
In Asia, Japan closed. Hong Kong -0.46%. China +0.76%. India 0.10%. 
In Europe, at midday, London -0.20%. Paris -0.09%. Frankfurt -0.05%
Futures at 6:20, Dow +0.12%. S&P +0.12%. Nasdaq +0.19%. Crude +0.10% to $49.34. Gold +0.81% to $1,285.20. 
Ten-year Treasury Yield +11 bps to 2.361%
 
 (Source: Seeking Alpha)

Economic Calendar 

12:30 PM TD Ameritrade IMX

PTG Trading

Today is Cycle Day 1 (CD1)…With price sitting at all-time highs for the indexes as new trading week begins, past declines on CD1 have been well below average. Average decline on CD1 measures 2434.50. Upside range expansion levels measure 2554 – 57 zone.

STAY NIMBLE and ALWAYS USE PROTECTIVE STOPS.

Range Projections and Key Levels (ES)

HOD  ATR Range Projection: 2554.30; LOD ATR Range Projection: 2539.20; Cycle Day 1 Low: 2529.00; 3 Day Central Pivot: 2541.50; 3 Day Cycle Target: 2561.00; 10 Day Average True Range: 11.05; VIX: 9.93

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

Click Here

Today’s Hypotheses: December 2017 (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 clears and converts 2547.50, THEN upside initially targets 2550, followed by 2554 – 57 zone.

Scenario 2:  IF price violates and converts 2545 to lower resistance, THEN inital downside targets 2540, followed by 2536 – 34 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