S&P 500 (ES)
Prior Session was Cycle Day 1: Textbook Cycle Day 1 as price declined to the CD1 Average Decline Projection (5667), establishing a new Cycle Low @ 5650.75. Range for this session was 87 handles on 1.182M 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 3.18.25
…Transition from Cycle Day 1 to Cycle Day 2
Transition into Cycle Day 2: The Main Event for today is the FOMC Policy Statement and Presser.
FED Watch Tool has March probabilities at 100% no change in the current target rate between 4.25% – 4.50%
May: 82.4% – 4.25 – 4.50 17.6% – 4.00 – 4.25
June: 55.4% 4.00 – 4.25 34.3% 4.25 – 4.50 10.3% 3.75 – 4.00
Presser at 2:30 ET should provide traders with greater forward-looking clarity on potential policy changes and/or effects.
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 5670+-, initially targets 5685 – 5695 zone.
Bear Scenario: Price sustains an offer below 5670+-, initially targets 5655 – 5650 zone.
PVA High Edge = 5677 PVA Low Edge = 5658 Prior POC = 5671
ESM
Nasdaq (NQ)
Prior Session was Cycle Day 1: Textbook Cycle Day 1 as price declined establishing a new Cycle Low @ 19604.25. Range for this session was 462 handles on 466k contracts exchanged.
…Transition from Cycle Day 1 to Cycle Day 2
Transition into Cycle Day 2: The Main Event for today is the FOMC Policy Statement and Presser.
FED Watch Tool has March probabilities at 100% no change in the current target rate between 4.25% – 4.50%
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 19705+-, initially targets 19775 – 19795 zone.
Bear Scenario: Price sustains an offer below 19705+-, initially targets 19625 – 19605 zone.
PVA High Edge = 19750 PVA Low Edge = 19645 Prior POC = 19705
NQM
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