S&P 500 (ES)
Prior Session was Cycle Day 3: Expectation from the so-called market pundits was for a repeat of the 1987 “Black-Monday” with limit down moves and investor capitulation. This scenario did not occur, though many traders did receive black n blue bruising trading the extremely high volatile intra-day swings. Attempting to keep pace with the algorithmic trading programs proved futile. Range for this session was a stunning 454 handles on explosive 3.503M 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 4.7.25
…Transition from Cycle Day 3 to Cycle Day 1
Transition into Cycle Day 1: Cycle dynamics remain intact, although the normal targets are currently out of sync and will take some time to adjust to the current level of volatility.
Normal for CD1 is to establish a cycle low reference from which to measure the extent of the next cycle rally. Volatility is expected to remain elevated for the foreseeable future so maintain discipline.
Of course, nothing changes for PTG…Simply follow your plan. Take only Triple A setups and manage the $risk. ALWAYS HAVE HARD STOP-LOSSES in-place on the exchange.
PTG’s Primary Directive (PD) is to ALWAYS STAY IN ALIGNMENT with the DOMINANT FORCE.
As such, scenarios to consider for today’s trading.
Bull Scenario: Price sustains a bid above 5150+-, initially targets 5225 – 5250 zone.
Bear Scenario: Price sustains an offer below 5150+-, initially targets 5050 – 5015 zone.
PVA High Edge = 5141 PVA Low Edge = 4961 Prior POC = 5091
ESM
Nasdaq (NQ)
Prior Session was Cycle Day 3: It was another rollercoaster ride in the NASDAQ (@NQ) Arena as the Algorithmic Bulls n Bears battled it out, while the retail trader was caught in between the ups and down swings, scaring the “bejesus” out of them. Two-Hundred plus (200+) handle swings even trading micro-contracts could not offer adequate protective risk$ management. The only safe place was on the sidelines as an observer. Range for this session was a stunning 1901 handles on 1.123M contracts exchanged.
…Transition from Cycle Day 3 to Cycle Day 1
Transition into Cycle Day 1: Cycle dynamics remain intact, although the normal targets are currently out of sync and will take some time to adjust to the current level of volatility.
Normal for CD1 is to establish a cycle low reference from which to measure the extent of the next cycle rally. Volatility is expected to remain elevated for the foreseeable future so maintain discipline.
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 17800+-, initially targets 18100 – 18230 zone.
Bear Scenario: Price sustains an offer below 17800+-, initially targets 17550 – 17410 zone.
PVA High Edge = 17791 PVA Low Edge = 16924 Prior POC = 17550
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