S&P 500 (ES)
Prior Session was Cycle Day 1: New cycle low was established pre-RTH @ 6235.50 as price tested BOTH upside and downside target zones with the precision of a Tomahawk Missile. (see RECAP link below)
The remainder of the session was quiet as anticipated, closing near highs of the day, heading into the long July 4th holiday period.
Thursday & Friday are both half-day sessions closing @ 1:15 et. Cash Market is closed.
Range was 44 handles on 985k contracts exchanged
For a more detailed recap of the trading session, click on this link: Trading Room RECAP 7.2.25
FREE TRIAL link to PTG/Taylor Three Day Cycle
…Transition from Cycle Day 1 to Cycle Day 2
Transition into Cycle Day 2: Normal for a Cycle Day 2 (CD2) would be an expectation of some balancing/consolidation MATD type rhythms as this session is a shortened one, closing @ 1:15 et.
***This is NOT the time to be a “trading hero” by overtrading and forcing scenarios.
The majority of the “decision-makers” are already on the holiday break, so take a cue from them and turn your focus to Family, Friends and Your Own Well-Being. Markets will be there ready to welcome you back post-holiday.
ENJOY LIFE! ENJOY SUMMER!
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 6275+-, initially targets 6285 – 6290 zone.
Bear Scenario: Price sustains an offer below 6275+-, initially targets 6260 – 6255 zone.
PVA High Edge = 6275 PVA Low Edge = 6257 Prior POC = 6267
ESU
Nasdaq (NQ)
Prior Session was Cycle Day 1: New cycle low was established pre-RTH @ 22582 as price fulfilled the upside target zone as outlined in the prior DTS Briefing 7.2.25 with the precision of a Tomahawk Missile. Range for this session was 276 handles on 402k contracts exchanged.
…Transition from Cycle Day 1 to Cycle Day 2
Transition into Cycle Day 2: Normal for a Cycle Day 2 (CD2) would be an expectation of some balancing/consolidation MATD type rhythms as this session is a shortened one, closing @ 1:15 et
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 22830+-, initially targets 22895 – 22915 zone.
Bear Scenario: Price sustains an offer below 22830+-, initially targets 22780 – 22750 zone.
PVA High Edge = 22852 PVA Low Edge = 22737 Prior POC = 22827
NQU
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.
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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