S&P 500 (ES)
Prior Session was Cycle Day 3: Three-Day SUPER Cycle as price rallied 237.96% of the normal 3D Cycle. CD3 was characterized as a “wild-card” for directional bias, and boy did it ever provide wide swings, producing V-Bottom and V-Top formations. PTGDavid noted early: (9:51:37 AM) “Range for this session was 207 handles on 1.987M 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 4.2.25
…Transition from Cycle Day 3 to Cycle Day 1
Transition into Cycle Day 1: Markets are exceedingly below the average decline levels, pushing into the violation extremes between 5513 – 5480. As such the rally could begin at any time.
Liberation Day effects are expected to reverberate through the markets for the foreseeable future.
(Isn’t that why we trade the futures market?)
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 5550+-, initially targets 5590 – 5610 zone.
Bear Scenario: Price sustains an offer below 5550+-, initially targets 5480 – 5460 zone.
PVA High Edge = 5725 PVA Low Edge = 5656 Prior POC = 5718
ESM
Nasdaq (NQ)
Prior Session was Cycle Day 3: This session had a bit o’ honey for both Da Bulls and Da Bears with wide range swings covering lots of ground in both directions. Trading NAZ is NOT for widows and orphans. Traders must play their A-GAME at all times with strict $risk management, otherwise risk getting “plowed-over!” Range for this session was 967 handles on 829k contracts exchanged.
…Transition from Cycle Day 3 to Cycle Day 1
Transition into Cycle Day 1: Markets are exceedingly below the average decline levels, pushing into the violation extremes between 18975 – 18766.
After-hours PANIC SELL SELL SELL BUTTON (not the EZ Button) hit the tape as price pushed down into CD1 Violation Extreme Levels. Bulls will need to reclaim PL (19076.75) to squelch the selling momentum.
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 19076+-, initially targets 19265 – 19365 zone.
Bear Scenario: Price sustains an offer below 19076+-, initially targets 18915 – 18766 zone.
PVA High Edge = 19853 PVA Low Edge = 19548 Prior POC = 19745
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.
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