S&P 500 (ES)
Prior Session was Cycle Day 2: Normal CD2 rhythmic action during the GLOBEX session but when RTH opened it was clearly a different story. Straight from the opening bell it was clear which side had “ball-control” (sellers) and they were not going to give it up as long liquidation was the theme of the day.
My job as leader/moderator of the live trading room (as I see it) is guidance as to directional bias/lean to aid our traders to focus and stay in alignment with the dominant force. Example from Friday (2.21.25)
: (Fri:9:41:57 AM) : : (Fri:10:01:31 AM) : : (Fri:10:01:39 AM) :
Being properly aligned makes the job of trade selection simpler, without anxiety and with greater confidence. No predictions…Only preparation, execution and trade management. Mr. Market will show us how far and how much opportunity there is. Go along for the ride. Range for this session was 118 handles on 1.828M 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 2.21.25
…Transition from Cycle Day 2 to Cycle Day 3
Transition into Cycle Day 3: Price begins this session well below the CD1 Low (6102.75) with historical odds (91%) favoring recovery back above. Of course that percentage is “past-tense” and can only be used as an overall guide. We must trade the current conditions presented to us each and every 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 6045+-, initially targets 6065 – 6070 zone.
Bear Scenario: Price sustains an offer below 6045+-, initially targets 6025 – 6020 zone.
PVA High Edge = 6098 PVA Low Edge = 6024 Prior POC = 6031
ES (Profile)
Nasdaq (NQ)
Prior Session was Cycle Day 2: Sellers dominated straight out of the gate during opening range, establishing dominance, as long-liquidation accelerated throughout the day, with price closing near lows of the day. MAGS stock basket closed down 2.51%. Range for this session was 592 handles on 697k contracts exchanged.
…Transition from Cycle Day 2 to Cycle Day 3
Transition into Cycle Day 3: Price begins this session well below the CD1 Low (21951) with historical odds (91%) favoring recovery back above. Of course that percentage is “past-tense” and can only be used as an overall guide. We must trade the current conditions presented to us each and every 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 21770+-, initially targets 21850 – 21920 zone.
Bear Scenario: Price sustains an offer below 21770+-, initially targets 21685 – 21660 zone.
PVA High Edge = 22232 PVA Low Edge = 22140 Prior POC = 22172
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