S&P 500 (ES)
Prior Session was Cycle Day 1: Price declined to the CD1 Violation Level (5594) and established a new Cycle Low @ 5571.50. Range for this session was 186 handles on 2.441M 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 3.10.25
…Transition from Cycle Day 1 to Cycle Day 2
Transition into Cycle Day 2: Three-Day Cycle rally has begun from the 5571.50 low, though it may be in a confused way, given the deep sell down.
Mr. Market needs to consolidate the recent liquidation phase and establish an accepted balanced value zone.
CD2 Avg Range = 100 CD2 Avg Rally = 86.50
10 Day ADR = 120 pts Range $Risk per 1 ES contract = $6000
The Average Daily Ranges have expanded increasing the intra-day swing volatility, so adjust your trading plan’s $risk management appropriately to the current conditions. This may take the form of position size reduction and/or switching to micro-contracts. Do what is right for your individual situation and do not be concerned what others may be doing.
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 5625+-, initially targets 5650 – 5665 zone.
Bear Scenario: Price sustains an offer below 5625+-, initially targets 5560 – 5545 zone.
PVA High Edge = 5682 PVA Low Edge = 5602 Prior POC = 5624
ES (Profile)
Nasdaq (NQ)
Prior Session was Cycle Day 1: Price declined to establish a new Cycle Low @ 19272.25. Range for this session was 884 handles on 776k contracts exchanged.
…Transition from Cycle Day 1 to Cycle Day 2
Transition into Cycle Day 2: Three-Day Cycle rally has begun from the 5571.50 low, though it may be in a confused way, given the deep sell down.
Mr. Market needs to consolidate the recent liquidation phase and establish accepted balanced value zone.
CD2 Avg Range = 468 CD2 Avg Rally = 426
10 Day ADR = 565 pts Range $Risk per 1 NQ contract = $11300
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 19465+-, initially targets 19635 – 19715 zone.
Bear Scenario: Price sustains an offer below 19465+-, initially targets 19208 – 19153 zone.
PVA High Edge = 19738 PVA Low Edge = 19345 Prior POC = 16465
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.
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