S&P 500 (ES)
Prior Session was Cycle Day 2: Textbook CD2 as price oscillated between CD1 retest (6461) and 6490 prior Line in the Sand (LIS).
Range was 42 handles on 1.142M contracts exchanged.
For a more detailed recap of the trading session, click on this link: Trading Room RECAP 8.14.25
FREE TRIAL link to PTG/Taylor Three Day Cycle
…Transition from Cycle Day 2 to Cycle Day 3
Transition into Cycle Day 3: For Cycle Day 3 (CD3) price is safely above the CD1 Low (6461) which has a 91.37% historical Positive 3-Day Cycle performance record.
Today is Options Expiration (OPEX) so anything goes for this session. Being FRYday, it is also CAPITAL PRESERVATION DAY!
Three-Day Cycle targets remain open…6507.50…6521…6536
Though the next decline can begin at anytime.
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 6480+-, initially targets 6495 – 6505 zone.
Bear Scenario: Price sustains an offer below 6480+-, initially targets 6465 – 6460 zone.
PVA High Edge = 6495 PVA Low Edge = 6476 Prior POC = 6485
ESU
Nasdaq (NQ)
Prior Session was Cycle Day 2: Textbook CD2 as price oscillated between 23793 and 24000. Range was 214 handles on 448k contracts exchanged.
…Transition from Cycle Day 2 to Cycle Day 3
Transition into Cycle Day 3: For Cycle Day 3 (CD3) price needs to trade above the CD1 Low (23886) to satisfy the statistic, which has a 91.37% historical Positive 3-Day Cycle performance record.
Today is Options Expiration (OPEX) so anything goes for this session. Being FRYday, it is also CAPITAL PRESERVATION DAY!
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 23886+-, initially targets 23958 – 24000 zone.
Bear Scenario: Price sustains an offer below 23886+-, initially targets 23830 – 23795 zone.
PVA High Edge = 23958 PVA Low Edge = 23893 Prior POC = 23923
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.
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