S&P 500 (ES)
Prior Session was Cycle Day 3: Positive 3-Day Cycle (91%) secured, although it occurred during a late day rally, following a morning of aggressive long liquidation. Albeit not the strongest of cycles as the current broader bias remains negative. Range for this session was 140 handles on 3.241M 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 3.4.25
…Transition from Cycle Day 3 to Cycle Day 1
Transition into Cycle Day 1: Price has already fulfilled the historical max average decline (5763.50) during the previous high-volatility session. Further weakness may unfold, though since the targeted decline was exceeded, the next rally may begin at any time.
Risk Meter is pegged to Maximum, so expectation is for continued wide ranging intra-day swings, so extra caution is warranted.
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 5820+-, initially targets 5855 – 5870 zone.
Bear Scenario: Price sustains an offer below 5820+-, initially targets 5790 – 5775 zone.
PVA High Edge = 5825 PVA Low Edge = 5757 Prior POC = 5791
ES (Profile)
Nasdaq (NQ)
Prior Session was Cycle Day 3: Positive 3-Day Cycle (91%) secured, although it occurred during a late day rally, following a morning of aggressive long liquidation. Albeit not the strongest of cycles as the current broader bias remains negative. Range for this session was 657 handles on 943k contracts exchanged.
…Transition from Cycle Day 3 to Cycle Day 1
Transition into Cycle Day 1: Price has already fulfilled the historical max average decline (20084) during the previous high-volatility session. Further weakness may unfold, though since the targeted decline was exceeded, the next rally may begin at any time.
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 20530+-, initially targets 20595 – 20625 zone.
Bear Scenario: Price sustains an offer below 20530+-, initially targets 20450 – 20405 zone.
PVA High Edge = 20954 PVA Low Edge = 20269 Prior POC = 20326
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.
This website is neither a solicitation nor an offer to Buy/Sell futures, options, or currencies. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this web site. The past performance of any trading system or methodology is not necessarily indicative of future results.
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