***Announcement***

Polaris Daily Trade Strategy Blog is going Premium beginning May 1st, 2014.

In an effort to provide PTG Clients the highest quality market analysis and daily trade strategy preparation “prior to pit session opening”, the Daily Trade Strategy (DTS) Blog which has been freely distributed will convert to Premium status beginning May 1st, 2014.

The Daily Trade Strategy (DTS) Premium Edition subscription pricing will be $29.95 monthly. If you are interested in continuing receiving the DTS prior to the pit opening, please send an early subscribe request to david@polaristradinggroup.com.

The DTS will be posted to website’s blog page at 4:15 pm for public review.

Thank you and Good Trading

 

It was a quiet trade session yesterday following Passover/Easter holiday weekend, as well as Europe financial market being closed…So prior day’s trade strategy remains largely intact with some minor price tweaking.

Key price zone that still needs to be converted is the 1865 handle. This level marks the upper edge of monthly value zone and is critical for bulls to be able to expand value even higher to attract new buying. Failure to convert calls for pullback within value…a fairly wide zone, so below are some key levels to consider.

IF price penetrates PDH (1865.50) and converts, THEN upper targets 1866 – 68 zone, followed by extremes near 1873.50. Failure to convert PDH calls for pullback within value to initial support between 1855 – 57 zone…Firmer support resides within the 3D CPZ (1844 – 48)…Extremes measure 1840- 42. Below this zone breaks the bulls back and suggests a major sentiment shift.

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.