Trade Strategy 04.09.15

Wednesday’s auction was a perfect Cycle Day 2 (CD2), as price consolidated and tested (successfully) Cycle Day 1 (CD1) Low, albeit, in volatile fashion, and closed above the Volume Trend MidPoint (VTMP). The 3-Day Central Pivot Zone continue to rise in bullish formation, so anticipated price action will be to challenge recent high between 2080 – 2082. IF price successfully Clears and Convert this zone, THEN probabilities favor range expansion upwards to 2096 level.

Today is Cycle Day 3 (CD3); Odds of 3 Day Rally > 10 = 82%; Odds of 3 Day Rally > 20 = 54%; Average Range = 17.75; Max Average Range = 21.50; Possible High = 2096 based upon clearing and converting 2080.25; Possible Low = 2068.00 based upon rising 3D CPZ.

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

04.09.15 TMXZ

Today’s Hypotheses: June (M) Contract

Scenario 1: Having successfully tested CD1 Low, odds (82%) favor range expansion above PH (2080.25). IF this occurs, THEN upside targets 2082.25 – 2084 zone, then 2088.25 – 2089.75 zone, with TargetMaster Range Breakout Level 2096.00.

Scenario 2: Failure to convert PH (2080.25) calls into questions bullish resolve, and price will need to undergo continued back n fill to absorb supply. Any pullback is expected to find responsive buyers within 2074.00 – 2072.25 zone, with stronger support between 2071.25 – 2068.75.

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


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