S&P 500 (ES)
It was a previous session 1 day cycle: Prices initially rose in the hope that US/UK tariff contracts would meet the higher intrusion levels. Throughout the afternoon the market was consolidated until the market sold a $3 billion imbalance, causing the settlement in 5685 to fall.
Price established a lower new cycle at 5636.50 in the GBX session and 5653 in the RTH session. Both are valid CD1 lows that refer to the performance of this cycle. The scope of this session was 104 handles on the exchanged 1.353m contract.
Click this link for a more detailed summary of the trading session. Trading Room Summary 5.8.25
Free trial Link to PTG/Taylor 3-Day Cycle
…Transition from 1st day to 2nd day of cycle
I will move to 2 days of cycle: Usually, we expect the rhythm of the MATD trading range for CD2, and this session is no exception.
Prices are essentially traded within the context of a larger balance/integration range. Traders continue to resolve over the impact of developing tariff contracts with the UK and future trading guidance from the White House.
The current market situation liquidity has “heading risk” and “trigger happy” at peak levels for traders.
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 above 5685+ and initially target the 5710-5715 zone.
Bear scenario: Prices will maintain offers below 5685+- – and initially target the 5650-5645 zones.
PVA High Edge = 5731 PVA Low Edge = 5681 Prior POC = 5726
ESM
Nasdaq (NQ)
It was a previous session 1 day cycle: Price lowered the new cycle with the RTH session in 19979 with the GBX session at 19910.75. Both are valid CD1 lows that refer to the performance of this cycle. The scope of this session was 426 handles on the exchanged 558K contract.
…Transition from 1st day to 2nd day of cycle
I will move to 2 days of cycle: Usually, for CD2, we expect the rhythm of MATD trading range to balance the recent rally and the turn of decline.
Potential retesting of CD1 Low will be normal within the context of the current wider rhythm.
TTB Trump (Tax Tape Bomb) can explode without immediate notice just to maintain high levels of trader anxiety. Living the life of a day trader is very fun. It’s no wonder why Prozac, Zoloft and Lexapro are big sellers.
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 20155+- and initially target the 20245-20280 zone.
Bear scenario: Price maintains the following offers 20155+ – and initially targets the 20075 – 19980 zone.
PVA High Edge = 20320 PVA Low Edge = 20125 Prior POC = 20300
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
*****This Trade Strategy Report is popular for “education only” purposes and should never be considered a recommendation for buying and selling futures products. ”
Past performances do not necessarily indicate future outcomes
Important note! No representation has been made that the use of this strategy or system or trading method will generate profits. Past performances do not necessarily indicate future outcomes. There is a substantial risk of losses related to trading securities and options on stocks. You should only use risk capital. Traded securities are not suitable for anyone.
Disclaimer: Futures, options, and currency trading all have great potential rewards, but also great potential risks. To invest in these markets, you need to be aware of the risks and willing to embrace them. Don’t trade with money you can’t afford to lose.
This website is not a solicitation or offer to buy or sell futures, options, or currency. No representation has been made that the account is likely to achieve similar profits or losses as discussed on this website. Past performance of trading systems or methodologies does not necessarily indicate future outcomes.
CFTC Rule 4.41 – Performance outcomes have certain limitations on hypothetical or simulated performance outcomes. Unlike real performance records, the simulated results do not represent actual transactions. Additionally, the transaction is not running, so the results could be less than the impact, if any, if there were certain market factors, such as lack of liquidity. Generally, simulated trading programs are subject to the fact that they are designed with the benefit of hindsight. No representation has been made that the account may achieve similar profits or losses as indicated.
