S&P 500 (ES)
Prior Session was Cycle Day 1: CD1 Low (6456) was established on one of the slowest summer Monday’s in recent memory.
Narrow range bound conditions lead to little trader commitment, leaving Market-Makers (M&M’s) to trade amongst themselves.
Price continues to consolidate, now for four days holding above the key 6455 – 6460 zone.
Economic calendar is relatively sparse with FOMC Meeting Minutes midweek with JPOW at JHOLE on FRYday to close out the week. Range was a meager 28 handles on 827k contracts exchanged
For a more detailed recap of the trading session, click on this link: Trading Room RECAP 8.18.25
FREE TRIAL link to PTG/Taylor Three Day Cycle
…Transition from Cycle Day 1 to Cycle Day 2
Transition into Cycle Day 2: Normally for CD2 we are anticipating some continuation of consolidation MATD rhythms to begin the session.
The multiday trading range is now fairly well established, so we’ll remain flexible to changing conditions with a lean to validate breakouts.
Range conditions can be very “trappy” for the inexperienced trader, to the exclusion of PTG Trading Community. Contraction leads to Expansion, so remain alert!
Bulls would need to slip on the soap bar below 6455 – 6460 zone to excite the Bears, otherwise the grizzly is in hibernation during the latter summer months.
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 6465+-, initially targets 6480 – 6485 zone.
Bear Scenario: Price sustains an offer below 6465+-, initially targets 6455 – 6450 zone.
PVA High Edge = 6470 PVA Low Edge = 6462 Prior POC = 6468
ESU
Nasdaq (NQ)
Prior Session was Cycle Day 1: CD1 Low (23719) was established on one of the slowest summer Monday’s in recent memory. Narrow range bound conditions lead to little trader commitment, leaving Market-Makers (M&M’s) to trade amongst themselves. Range for this session was 162 handles on 396k contracts exchanged.
…Transition from Cycle Day 1 to Cycle Day 2
Transition into Cycle Day 2: Normally for CD2 we are anticipating some continuation of consolidation MATD rhythms to begin the session.
Range conditions can be very “trappy” for the inexperienced trader, to the exclusion of PTG Trading Community. Contraction leads to Expansion, so remain alert!
Bulls would need to slip on the soap bar below yesterday’s low to excite the Bears, otherwise the grizzly is in hibernation during the summer months.
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 23800+-, initially targets 23855 – 23885 zone.
Bear Scenario: Price sustains an offer below 23800+-, initially targets 23660 – 23640 zone.
PVA High Edge = 23800 PVA Low Edge = 23750 Prior POC = 23770
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