S&P 500 (ES)
Prior Session was Cycle Day 3: Positive 3-Day Cycle as price secured a rally above the CD1 Low (6357.50) which has an 91.24% historical performance track history.
Positive 3-Day Cycle Statistic is defined as Price Above the Cycle Day 1 Low on Cycle Day 3. P > CD1 on CD3.
Notable for this particular CD3 is that price had a very steep hill to reclaim/recover the CD1 Low (6357.50).
There are those traders that doubted that the recovery would unfold, but I have been trading the 3-Day Cycle for fifteen (15) years and during that period there have been numerous scenarios that seemed doubtful.
One thing I have learned about trading in general and specific to the 3-Day Cycle…NEVER DOUBT!…Just stay aligned with the dominant force. Markets will go further than expectations and will frustrate the masses. Be in the winning minority. Steadfast opinions will only serve up losing trades.
Range for this session was 118 handles on 1.226M contracts exchanged.
For a more detailed recap of the trading session, click on this link: Trading Room RECAP 8.4.25
FREE TRIAL link to PTG/Taylor Three Day Cycle
…Transition from Cycle Day 3 to Cycle Day 1
Transition into Cycle Day 1: Today begins a new cycle with the average decline projection measuring 6332 (Recap) and 6320 (Recap-MA).
Price closed near highs of the day as momentum may spill-over into today’s session before the next decline unfolds.
Of course, nothing changes for PTG…Simply follow your plan. Take only Triple A setups and manage the $risk. ALWAYS HAVE HARD STOP-LOSSES in-place on the exchange.
PTG’s Primary Directive (PD) is to ALWAYS STAY IN ALIGNMENT with the DOMINANT FORCE.
As such, scenarios to consider for today’s trading.
Bull Scenario: Price sustains a bid above 6355+-, initially targets 6370 – 6375 zone.
Bear Scenario: Price sustains an offer below 6355+-, initially targets 6340– 6335 zone.
PVA High Edge = 6357 PVA Low Edge = 6330 Prior POC = 6345
ESU
Nasdaq (NQ)
Prior Session was Cycle Day 3: Positive 3-Day Cycle as price secured a rally above the CD1 Low (23290.50) which has an 91.24% historical performance track history. Range for this session was 530 handles on 463k contracts exchanged.
…Transition from Cycle Day 3 to Cycle Day 1
Transition into Cycle Day 1: Today begins a new cycle with the average decline projection measuring 23217 (Recap) and 23117 (Recap-MA).
Price closed near highs of the day as momentum may spill-over into today’s session before the next decline unfolds.
Of course, nothing changes for PTG…Simply follow your plan. Take only Triple A setups and manage the $risk. ALWAYS HAVE HARD STOP-LOSSES in-place on the exchange.
PTG’s Primary Directive (PD) is to ALWAYS STAY IN ALIGNMENT with the DOMINANT FORCE.
As such, scenarios to consider for today’s trading.
Bull Scenario: Price sustains a bid above 23265+-, initially targets 23345– 23400 zone.
Bear Scenario: Price sustains an offer below 23265+-, initially targets 23215 – 23150 zone.
PVA High Edge = 23312 PVA Low Edge = 23152 Prior POC = 23266
NQU
Economic Calendar
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.” –BR
*****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.
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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