S&P 500 (ES)
Prior Session was Cycle Day 3: Positive 3-Day Cycle as price secured a rally above the CD1 Low (6315.50) which has an 91.30% historical performance track history. Cycle rally propelled 150% (111.25pts) of the normal 74.16 average cycle range.
Positive 3-Day Cycle Statistic is defined as Price Above the Cycle Day 1 Low on Cycle Day 3. P > CD1 on CD3.
Price declined fulfilling the 6355 lower target, found buy response and reclaimed the 6370 handle by the close.
Range for this session was 92 handles on 1.394M contracts exchanged.
For a more detailed recap of the trading session, click on this link: Trading Room RECAP 8.7.25
FREE TRIAL link to PTG/Taylor Three Day Cycle
…Transition from Cycle Day 3 to Cycle Day 1
Transition into Cycle Day 1: Today begins a new cycle with the average decline projection measuring 6388 (Recap) and 6376 (Recap-MA).
Bull reclaimed the P-LIS (6370) with a strong closing bid. CD1 average decline levels have been satisfied during the prior session trading.
As such, with bulls in-control, it is theirs to lose. FRYday is CAPITAL PRESERVATION DAY.
So continue to focus on your best playbook setup structures and mange $risk aggressively.
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 6375+-, initially targets 6390 – 6395 zone.
Bear Scenario: Price sustains an offer below 6375+-, initially targets 6360– 6355 zone.
PVA High Edge = 6383 PVA Low Edge = 6339 Prior POC = 6368
ESU
Nasdaq (NQ)
Prior Session was Cycle Day 3: Positive 3-Day Cycle as price secured a rally above the CD1 Low (23084.50) which has an 91.30% historical performance track history. Range for this session was 342 handles on 557k contracts exchanged.
…Transition from Cycle Day 3 to Cycle Day 1
Transition into Cycle Day 1: Today begins a new cycle with the average decline projection measuring 23535 (Recap) and 23432 (Recap-MA).
.FRYday is CAPITAL PRESERVATION DAY.
So continue to focus on your best playbook setup structures and mange $risk aggressively.
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 23555+-, initially targets 23670– 23717 zone.
Bear Scenario: Price sustains an offer below 23555+-, initially targets 23425 – 23365 zone.
PVA High Edge = 23639 PVA Low Edge = 23454 Prior POC = 23609
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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