S&P 500 (ES)
Prior Session was Cycle Day 2: Early attempts by the bulls to push higher fell flat as they failed to sustain an adequate bid during the opening range. Negative impactful economic releases turned the tide to aggressive selling, which persisted throughout the session, closing in the lower quartile of the day’s range. Range for this session was 110 handles on 1.684M contracts exchanged.
FREE TRIAL link to PTG/Taylor Three Day Cycle
For a more detailed recap of the trading session, click on this link: Trading Room RECAP 1.7.25
…Transition from Cycle Day 2 to Cycle Day 3
Transition into Cycle Day 3: Price is currently below Cycle Day 1 Low (5980.75) with good odds (90%) of at least recovering this level.
Market is in a multi-day trading range between 5880 – 6100 (FOMC). The driving theme is “buy the dips and sell the rips” rhythms.
This is what is classified as a “traders market” with manageable volatility and intra-day swings that offer the nimble trader plethora of “profitunities.” Embrace the rhythms and be sure to play your A-Game, meaning the very best structural setups.
Nothing changes for PTG…Simply follow your plan.
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 5945+-, initially targets 5965 – 5970 zone.
Bear Scenario: Price sustains an offer below 5945+-, initially targets 5930 – 5925 zone.
PVA High Edge = 6027 PVA Low Edge = 5965 Prior POC = 5977
ES (Profile)
Nasdaq (NQ)
Prior Session was Cycle Day 2: Early attempts by the bulls to push higher fell flat as they failed to sustain an adequate bid during the opening range. Negative impactful economic releases turned the tide to aggressive selling, which persisted throughout the session, closing in the lower quartile of the day’s range. Range for this session was 526 handles on 632k contracts exchanged.
…Transition from Cycle Day 2 to Cycle Day 3
Transition into Cycle Day 3: Price is currently below Cycle Day 1 Low (21478.25) with good odds (90%) of at least recovering this level.
Market is in a multi-day trading range between 21000 – 22400. The driving theme is “buy the dips and sell the rips” rhythms.
This is what is classified as a “traders market” with manageable volatility and intra-day swings that offer the nimble trader plethora of “profitunities.” Embrace the rhythms and be sure to play your A-Game, meaning the very best structural setups.
Nothing changes for PTG…Simply follow your plan.
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 21345, initially targets 21440 – 21480 zone.
Bear Scenario: Price sustains an offer below 21345, initially targets 21275 – 21245 zone.
PVA High Edge = 21635 PVA Low Edge = 21345 Prior POC = 21440
NQ (Profile)
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