Morning Session: Golden Age and Initial Setup
PTGDavid opened the day with an optimistic tone, declaring the “Golden Age” and emphasizing being “unburdened by what has been.” This mindset underscores the importance of starting each trading session with a fresh perspective. Early updates included:
- Key Trades:
- @CL OPR Long Target 1 filled.
- @NQ OPR Short Target 1 and 2 filled.
- Emphasis on $6050 as the Line in the Sand (LIS), suggesting a pivotal point for market sentiment.
Key Educational Takeaway:
Defining clear technical levels like LIS helps structure trading decisions and assess market sentiment objectively.
Midday Observations: Sandbox Levels and Market Consolidation
David focused on price action between $6050-$6070, referring to this range as the “sandbox.” He emphasized patience while waiting for a resolution from consolidation. This was complemented by updates on trade management, including stop trails and target fulfillment:
- Trades Managed:
- A10 long achieved full pay.
- @CL OPR Long Targets all fulfilled.
Key Educational Takeaway:
Patience during consolidation is essential. Waiting for clear breakouts or breakdowns avoids unnecessary risks and ensures trades align with the broader trend.
Afternoon Trends: Strategic Adjustments and Precision
The market shifted into an afternoon trend higher, with David providing constant updates:
- Critical Moves:
- $6075 and $6080 TargetMaster levels fulfilled, signaling bullish momentum.
- MOC (Market on Close) Buy of $179M highlighted late-session strength.
- Final target $6092 achieved, described as “Ultra Precise Technicals.”
David also emphasized using responsive bidding near Value Area Highs and managed A10 long positions heading into the final 30 minutes.
Key Educational Takeaway:
Precision in setting targets and actively managing trades enhances profitability. Monitoring Value Area