S&P 500 (ES)
Prior Session was Cycle Day 2: Normal CD2 as price consolidated rangebound throughout the session in what was coined as “Hot Dog Day!”
Contraction of range and volatility, typical of a hot mid-summer trading did not disappoint. It was clearly a day for seasoned veteran traders to sit back and watch all the “retail speculators” battle it out.
One of the key teachings of PTG is to “Know Your Mil”…meaning know your strategy and what conditions are most favorable to extract the greatest potential performance. When those conditions are absent, then there is nothing more to do than “grab a hot dog and sit it out in the stands.
Range was 34 handles on 1.030M 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 7.8.25
…Transition from Cycle Day 2 to Cycle Day 3
Transition into Cycle Day 3: Summer volumes and volatility have arrived with the Fourth of July Celebration in the rearview mirror.
Tariffs are now the ongoing main-driver, although markets are calmly consolidating coming off the recent all-time high print. Seems the BIG$ MONEY decision-makers are in a “wait n see” mode on the readthrough affect of tariff negotiations, or in some cases “PAY the VIG!” (You Know What I am taking about…Don Vito Corleone).
For Cycle Day 3 (CD3) price is securely above the CD1 Low (6246.25) which has a 90.77% historical Positive 3-Day Cycle performance record.
Of course, nothing changes for PTG…Simply follow your plan. Take only Triple A setups and manage the $risk. ALWAYS HAVE HARD STOP-LOSSES in-place on the exchange.
PTG’s Primary Directive (PD) is to ALWAYS STAY IN ALIGNMENT with the DOMINANT FORCE.
As such, scenarios to consider for today’s trading.
Bull Scenario: Price sustains a bid above 6270+-, initially targets 6290 – 6295 zone.
Bear Scenario: Price sustains an offer below 6270+-, initially targets 6255 – 6245 zone.
PVA High Edge = 6280 PVA Low Edge = 6270 Prior POC = 6273
ESU
Nasdaq (NQ)
Prior Session was Cycle Day 2: Normal CD2 as price consolidated rangebound throughout the session in an uneventful display of “I DO NOT WANT TO TRADE!” …I’d Rather Be Fishing! Range was a paltry 164 handles on 417k contracts exchanged. Welcome to summer!
…Transition from Cycle Day 2 to Cycle Day 3
Transition into Cycle Day 3: Summer volumes and volatility have arrived with the Fourth of July Celebration in the rearview mirror.
Tariffs are now the ongoing main-driver, although markets are calmly consolidating coming off the recent all-time high print. Seems the BIG$ MONEY decision-makers are in a “wait n see” mode
For Cycle Day 3 (CD3) price is securely above the CD1 Low (22780) which has a 90.77% historical Positive 3-Day Cycle performance record. We’ll mark this session as a “wild-card” for direction.
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 22900+-, initially targets 22940 – 22970 zone.
Bear Scenario: Price sustains an offer below 22900+-, initially targets 22870 – 22840 zone.
PVA High Edge = 22931 PVA Low Edge = 22881 Prior POC = 22901
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