S&P 500
Essential Word: Now we have begun publishing the PTG Buying and selling Room Every day RECAP which you ought to be receiving on the finish of every buying and selling day. This publication is a extra detailed assessment of how the buying and selling unfolded all through the day from our viewpoint. It’s an “instructional” complimentary companion for use along with the Every day Commerce Technique. It continues to be “work-in-progress”, so please provide suggestions as to content material, fashion and relevance. We’re all the time striving to make PTG Merchandise and Providers the perfect in-class.
All Threat Disclosures discovered all through this web site applies equally to the every day recap publication.
Prior Session was Cycle Day 2: This session was a typical (CD2) MATD rhythmic day following an upside breakout to new all-time highs. Triple Choices Expiration (TOPEX) was the core theme and was influential on the worth exercise. General we classify this session as a impartial balancing day. Vary was 43 handles on 1.427M contracts exchanged.
…Transition from Cycle Day 2 to Cycle Day 3
This leads us into Cycle Day 3: This week opens with worth buying and selling close to all-time highs in a two-day balanced zone between (5750 – 5780) core worth space. Plan for today and is similar for every single day…Figuring out key inflection zones and deciding on our trades which can be in-alignment with the core directional dynamics for every session.
Buying and selling Balanced Zones corresponding to now we have at present may be difficult. Break Out or Pretend Out? PTG’s core commerce premise for buying and selling a breakout is to attend for a clear Clear and Convert (CnC) of key degree and enter on first pullback testing the breakout degree. IF profitable, motion is to commerce in path of the breakout.
Buying and selling a failed breakout try is a “Look Above (Beneath) and Fail” often known as “The Whiplash” as worth fails to carry above (under) key degree. The actionable commerce is to commerce “reverse” the tried breakout for a reversionary play again to mid-balance zone.
Easy methods to make commerce selections…We extremely advocate you watch PTG Academic Video: “Strategies in Likelihood Pondering” You’ll be taught the core IF, THEN, ELSE OODA Loop Resolution Matrix.
Beneath is a graphic from the video that describes varied methods to commerce balanced ranges.
Our self-discipline of sustaining positioning that’s aligned with market forces continues to serve us effectively, so keep the course.
As such, situations to think about for right now’s buying and selling.
Bull Situation: Value sustains a bid above 5780, initially targets 5800 – 5805 zone.
Bear Situation: Value sustains a proposal under 5750, initially targets 5730 – 5725 zone.
PVA Excessive Edge = 5768 PVA Low Edge = 5751 Prior POC = 5763
ES Chart (Profile)
Nasdaq 100 (NQ)
Prior Session was Cycle Day 2: This session was a typical (CD2) MATD rhythmic day following an upside breakout to new all-time highs. Triple Choices Expiration (TOPEX) was the core theme and was influential on the worth exercise. General we classify this session as a impartial balancing day. Vary was 224 handles on 468k contracts exchanged.
…Transition from Cycle Day 2 to Cycle Day 3
This leads us into Cycle Day 3: This week opens with worth buying and selling close to all-time highs in a two-day balanced zone between (19970 – 20130) core worth space. Plan for today and is similar every single day…Figuring out key inflection zones and deciding on our trades which can be in-alignment with the core directional dynamics for every session.
Our self-discipline of sustaining positioning that’s aligned with market forces continues to serve us effectively, so keep the course.
As such, situations to think about for right now’s buying and selling.
Bull Situation: Value sustains a bid above 20130, initially targets 20250 – 20295 zone.
Bear Situation: Value sustains a proposal under 19970, initially targets 19815 – 19765 zone.
PVA Excessive Edge = 20058 PVA Low Edge = 19976 Prior POC = 20034
NQ Chart (Profile)
Financial Calendar
Commerce Technique: Our tactical commerce technique will merely stay unaltered…We’ll be versatile to commerce each lengthy and quick aspect from Resolution Pivot Ranges. Proceed to concentrate on Bull/Bear Stackers and Premium/Reductions. As all the time, remaining in alignment with dominant intra-day pressure will increase possibilities of manufacturing profitable trades.
Keep Targeted…Non-Biased…Disciplined ALWAYS USE STOPS!
Good Buying and selling…David
“Understanding will not be sufficient, We should APPLY. Prepared will not be sufficient, We should DO.” –BR
*****This commerce technique report is disseminated for “training solely” and shouldn’t be seen in any method as a suggestion to purchase or promote futures merchandise.”
PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS
IMPORTANT NOTICE! No illustration is being made that using this technique or any system or buying and selling methodology will generate earnings. Previous efficiency will not be essentially indicative of future outcomes. There may be substantial danger of loss related to buying and selling securities and choices on equities. Solely danger capital ought to be used to commerce. Buying and selling securities will not be appropriate for everybody.
Disclaimer: Futures, Choices, and Forex buying and selling all have giant potential rewards, however in addition they have giant potential danger. You have to pay attention to the dangers and be keen to just accept them with the intention to spend money on these markets. Don’t commerce with cash you possibly can’t afford to lose.
This web site is neither a solicitation nor a proposal to Purchase/Promote futures, choices, or currencies. No illustration is being made that any account will or is more likely to obtain earnings or losses much like these mentioned on this web page. The previous efficiency of any buying and selling system or methodology will not be essentially indicative of future outcomes.
CFTC RULE 4.41 –HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN
