S&P 500 (ES)
Prior Session was Cycle Day 1: CD1 Low (6370.25) was established on a retest of prior low zone as markets consolidated ahead of the JPOW JHOLE Symposium press conference FRYday morning.
Volume and range was contained as traders chose to primarily sit on the sidelines.
Range was a meager 48 handles on 1.149M contracts exchanged
For a more detailed recap of the trading session, click on this link: Trading Room RECAP 8.21.25
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.
JPOW speaks @ JHOLE @ 10 am et
Markets may react during his speak although nothing new is expected to be revealed regarding interest rate decision at the September meeting.
More idle “jib-jab!” I’d like to know more about the Shrimp, Chateaubriand and Wine selection.
FRYday, it is CAPITAL PRESERVATION DAY!
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 6390+-, initially targets 6415 – 6420 zone.
Bear Scenario: Price sustains an offer below 6390+-, initially targets 6375 – 6370 zone.
PVA High Edge = 6400 PVA Low Edge = 6383 Prior POC = 6390
ESU
Nasdaq (NQ)
Prior Session was Cycle Day 1: CD1 Low (23119) was established on a retest of prior low zone as markets consolidated ahead of the JPOW JHOLE Symposium press conference FRYday morning. Volume and range was contained as traders chose to primarily sit on the sidelines.
Range for this session was 250 handles on 518k 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.
JPOW speaks @ JHOLE @ 10 am et
Markets may react during his speak although nothing new is expected to be revealed regarding interest rate decision at the September meeting.
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 23210+-, initially targets 23280 – 23325 zone.
Bear Scenario: Price sustains an offer below 23210+-, initially targets 23120 – 23235 zone.
PVA High Edge = 23284 PVA Low Edge = 23184 Prior POC = 23209
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