Trade Strategy 02.27.15

Consolidation above 2100 enters its fifth-day with continued light volumes. The key levels to be mindful of are the upper and lower range edges…2100.00 – 2116.00. Violation or Penetration with Conversion sets the stage for new directional move. Stay Alert!

Today begins a new Cycle Day 1 (CD1)…The past cycle has been relatively compressed within the narrow range, So we will continue to monitor for range expansion.

Cycle Day 1 (CD1)…Odds of Decline > 10 = 71%; Odds of Decline > 20 = 41%; Average Range on CD1 = 18.75; Max Average Range = 22.00; Possible High = 2126 based upon average penetration of CD3 high; Possible Low = 2089.25 based upon average violation of CD3 low.

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

TMXZ 02.17.15


Today’s Hypotheses:

Scenario 1: IF price can clear and convert PDH (2112.25), THEN there is a 50% chance of price extending to 2115.75…Above this level price expansion targets are 2119.75 – 2121.75 D-Level Money Box Zone. Cycle Targets measure between 2123.50 – 2126.00

Scenario 2: Failure to convert PDH (2112.25) keeps price in a compressed range, which increases odds (75%) of testing lower price edge 2100.00. Violation and conversion of this level targets 2098.00 – 2096.00 zone…There is high VPOC confluence between 2095.50 – 2089.00.

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

Habitude One
I am ready to trade. My patterns are verified. My homework is complete. My mind is clear. I have rehearsed everything. I am prepared strategically, emotionally, and financially each and every day.

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