S&P 500 (ES)
Prior Session was Cycle Day 3: It was another wide ranging session that nearly hit the 7% downside limit circuit breaker level. In the end price settled near mid-VWAP zone with traders once again “black n blue” bruised from the violent swings.
On a more positive note, this cycle hit “SUPER CYCLE” status with 588.25 pts (542.86%) rally performance.
Attempting to keep pace with the algorithmic trading programs proved futile. Range for this session was 382 handles on 2.384M contracts exchanged.
FREE TRIAL link to PTG/Taylor Three Day Cycle
Reframing Negative Beliefs into Empowering Ones
For a more detailed recap of the trading session, click on this link: Trading Room RECAP 4.10.25
…Transition from Cycle Day 3 to Cycle Day 1
Transition into Cycle Day 1: Cycle dynamics remain intact, although the normal targets are currently out of sync and will take some time to adjust to the current level of volatility.
Normal for CD1 is to establish a cycle low reference from which to measure the extent of the next cycle rally. Volatility is expected to remain elevated for the foreseeable future so maintain discipline.
Want to learn more about Market Circuit Breakers? Please refer to the Price Limits page at the CME Group >> https://www.cmegroup.com/trading/price-limits.html
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 5300+-, initially targets 5405 – 5425 zone.
Bear Scenario: Price sustains an offer below 5300+-, initially targets 5250 – 5225 zone.
PVA High Edge = 5405 PVA Low Edge = 5254 Prior POC = 5300
ESM
Nasdaq (NQ)
Prior Session was Cycle Day 3: It was another wide ranging session that temporarily touched the 7% downside limit circuit breaker level, but swiftly reversed higher. In the end price settled near mid-VWAP zone with retail traders once again terrified on a wild-rollercoaster ride. Range for this session was a stunning 1465 handles on 952k contracts exchanged.
…Transition from Cycle Day 3 to Cycle Day 1
Transition into Cycle Day 1: Cycle dynamics remain intact, although the normal targets are currently out of sync and will take some time to adjust to the current level of volatility.
Normal for CD1 is to establish a cycle low reference from which to measure the extent of the next cycle rally. Volatility is expected to remain elevated for the foreseeable future so maintain discipline.
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 18465+-, initially targets 18760 – 18900 zone.
Bear Scenario: Price sustains an offer below 18465+-, initially targets 18270 – 18130 zone.
PVA High Edge = 18762 PVA Low Edge = 18131 Prior POC = 1/465
NQM
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.
Disclaimer: Futures, Options, and Currency trading all have large potential rewards, but they also have large potential risk. You must be aware of the risks and be willing to accept them in order to invest in these markets. Don’t trade with money you can’t afford to lose.
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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