S&P 500 (ES)
It was a previous session 1 day cycle: This session was a regular CD1 as the price dropped to lower violation levels (5245 – 5250). The scope of this session was 174 handles on the exchanged 1.482m contract.
Click this link for a more detailed summary of the trading session. Trading Room Summary 4.16.25
PTG Glossary
Free trial Link to PTG/Taylor 3-Day Cycle
Reconstruct negative beliefs into something that reinforces them
…Transition from 1st day to 2nd day of cycle
I will move to 2 days of cycle: Price established 5251 @ 5251 low during the previous session and began meetings for this cycle.
Today it’s CD2. The Bulls have a chance to continue their late-night rally, but CD1 low low retests may be ordered before the actual rally unfolds.
The last day of today’s trading has been shortened Holy Week. Be stable in trade choices and risk management.
Of course, there are no changes to the PTG… simply follow your plans. Triple your setup and manage your $risk. There is always a hard stop loss for exchanges.
PTG’s Primary directive (PD) that’s right Always be consistent in The dominant force.
So the scenario to consider for today’s trading.
Bull scenario: Prices will maintain bids of over 5300+ and initially target the 5325-5350 zones.
Bear scenario: Prices maintain offers below 5300+- – and initially target the 5260-5250 zones.
PVA High Edge = 5366 PVA Low Edge = 5251 Prior POC = 5306
ESM
Nasdaq (NQ)
It was a previous session 1 day cycle: This session was a regular CD1 as the price fell to establish a new low @18116.25, followed by a MOC bounce to the closed bell. The scope of this session was 745 handles on the exchanged 674K contract.
…Transition from 1st day to 2nd day of cycle
I will move to 2 days of cycle: Price established a new cycle LOW @18116.25 during the previous session and began a rally for this cycle.
Today it’s CD2. Bulls have the opportunity to keep sales down and keep their shortened price action stable Holy Week. Be stable in trade choices and risk management.
Of course, there are no changes to the PTG… simply follow your plans. Triple your setup and manage your $risk. There is always a hard stop loss for exchanges.
PTG’s Primary directive (PD) that’s right Always be consistent in The dominant force.
So the scenario to consider for today’s trading.
Bull scenario: Prices maintain bids above 18390+, initially targeting the 18560-18625 zones.
Bear scenario: Prices maintain offers below 18390+- and initially target the 18215-18120 zone.
PVA High Edge = 18781 PVA Low Edge = 18391 Prior POC = 18626
NQM
Economic Calendar
Trade Strategy: Our tactical trade strategy simply remains unchanged. Both the long side and the short side can be traded from the pivot level. Keep focused Bull/Bear Stacker and Premium/Discount. As always, when you are consistent with the dominant power within the day, you will increase your chances of generating a winning trade.
Keep focused…not bias…discipline Always use the stop!
Good deal…David
“It’s not enough to know. You have to apply. You’re happy to not enough. We have to.” –br
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