PTGDavid – Bullets from the Buying and selling Desk
• Every day began with a motivational quote:
“When the system ends, it’s when your consistency ends.”
— A reminder that disciplined buying and selling programs require constant execution.
• Shared a market-related publish from X:
https://x.com/samuraipips358/standing/1912838454087729179
• Famous the beginning of Cycle Day 2 (CD2):
– Preliminary expectation was for MATD (Morning After Development Day) rhythms.
– Value opened contained in the prior day’s vary, signaling potential stability/consolidation habits.
• Alerted merchants to Crude Oil (CLM) contract rollover to June.
• Notified that OPEX (Choices Expiration) was in impact for the day — an vital volatility driver.
• Outlined Symmetry in market construction:
– Described as “similarity and/or likeness in swing.”
– Necessary for sample recognition and figuring out potential reversals.
• Shared related market sentiment updates, together with:
https://x.com/spotgamma/standing/1912870287126700515
• Uploaded buying and selling vary visuals to help evaluation:
– Supplied an annotated chart exhibiting vary construction and key reference ranges.
– Emphasised preservation techniques throughout range-bound classes.
• Noon commentary indicated:
– Bulls had defended the 5285 pivot degree.
– LIS Zone (Line in Sand) held help, suggesting lengthy bias might be acceptable on dips.
• Famous the buying and selling circumstances as “Snaps and Traps” — indicative of whipsaw value motion.
– Cautioned merchants in opposition to over-committing in uneven construction.
• Said the Buying and selling Theme of the Day with a Kenny Rogers reference:
“Know when to carry ’em, know when to fold ’em, know when to stroll away, and know when to run.”
– Bolstered discretionary decision-making beneath uncertainty.
• Took a noon break, posting a chilled seashore photograph and describing the scene:
– “Solar is glistening on the water and it’s low tide…”
– Private word to bolster the significance of psychological reset and stability throughout buying and selling hours.
• Noticed that bulls have been concentrating on 5370 late session as a breakout degree.
– Phrase used: “Skinny 2 Win,” implying low-volume circumstances that may favor momentum.
• Confirmed day’s market construction:
– “Textbook Cycle Day 2,” with a Delta-shaped profile indicating consolidation and stability.
– Closing theme emphasised: “Do Not Push the String” — keep away from forcing trades in non-trending environments.
• Shared the Market On Shut (MOC) Imbalance:
– Ended with a big $2.4 billion promote imbalance, doubtlessly impacting closing value motion.
Academic Takeaway:
Cycle Day 2s usually mirror market digestion after a directional transfer. PTGDavid’s insights emphasised key CD2 traits — range-bound commerce, low conviction breakouts, and the necessity for capital preservation. His commentary constantly reminded merchants to align with the construction of the day, anticipate value affirmation, and keep away from emotional or pressured entries. Observing pivot zones (like 5285) and respecting LIS areas may help merchants handle danger and anticipate intraday reversals. Above all, staying mentally balanced, as exemplified by taking conscious breaks, is vital for long-term efficiency.
