NAS100...Marching To New Heights

Following up on Friday's "Bearfest" I took the buy on Friday with an entry 15205.05 due to the fact that the H1 finished at an oversold LOW and the H4 finished at a "technical HL"

The rationale was that the H1 & H4 would need to go up to complete their respective HIGHS before giving a clear signal as to what the next move would be.

My bias is currently Bullish from the H1 and H4 lows.

No setup = No Trade

#auberstrategy
#whywewait

Trade active

Always be flexible with your analysis and pay attention to the many clues the market gives.

Patience in reading the markets will pay off.

#patience
#whywewait
#auberstrategy

Right now the bulls are in control until the H1 and H4 gives their highs.

Trade active

The week has started with the bulls clearly in control for the retracement and although it's the beginning of the weekly cycle of the candles and usually a slow start, it has been a consistent one.

The market has responded favorably to the fact that Friday's H1 & H4 close were LOWs and as such seems intent on completing the corresponding HIGH before defining a much clearer path for what to do next.

Although I do not do analysis on the smaller timeframes, they still provide some insight into what is being played out on the bigger timeframes and we see that the M30 has formed a HIGH (starting at 3:30 am)

The interesting thing is that it is considered (based on the #auberstrategy) as a technical LH and as such it is not a trend high, but a retracement HIGH.

The H1 currently sits at a LH and the H4 has not registered any form of HIGH as yet.

Based on the recent bearish FIBS (H4 & H5) the price is currently sitting below the 23.6% retracement line at a LH with the key point of interest that it is coming off an oversold H1 LOW and a regular H4 LOW, which leaves to reason that the market will complete the HIGHS on H1 - H5 before any real sell takes place again in the market.

So for right now, I am still holding my bullish position that was opened just before market close on Friday.

no setup = no trade
#finishthemove
#auberstrategy
#whywewait

Trade active

This week it is going to be extremely important that I follow the #auberstrategy to the finest detail as on Wednesday the FOMC Interest Rate decision should create increased volatility and so my entries will need to be on point.

As I like to say "volatility happens within market structure" and so once I enter on the correct points volatility will only push me in the right direction.

Currently NAS100 is in an early week retracement trend to setup the required highs and if it finds resistance should continue the downward trend started on Friday 9/15...if it goes back to where it came from and breaks then we could be looking at a continuation towards the upside.

Like I say; "no setup = no trade"
#patience
#auberstrategy
#finishthemove
#whywewait

Trade active

So today being Monday...NAS100 did not move much and that is expected, however there were good opportunities to take buys (I am only using my #auberstrategy).

Everyday I look for opportunities where I can improve and today I found two key areas:

1. On Friday I entered a buy @ 15198.26...a little retracement buy it stayed in
profit till this morning.

2. Price made a LH on the H1 and I did not take my profit (I should have because
I already knew price would terminate with a LL because it was coming from a
HH)

3. I held the trade and dealt with the retracement to today's LL 7:00am...got
back in profit as price made it's way back to the 23% mark and struggled to
break that mark.

4. I waited and gave up some pips and only gained 18% profit on my account
today...It could have been way more however, I will always improve.

So what we are dealing with now is a market that needs to put on a LH on the H4 in order to complete the sell move to the LL before buying again.

In order for that to happen, the H1 must complete it's HH sequence...I am currently out of the market and waiting for a HL on the H1 so that I can complete the buy to the HH before talking about selling.

Auberstrategy

Be the exception...not the rule.
t.me/+FsHQuOngCYFiZmYx

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Auberstrategy

Be the exception...not the rule.
t.me/+FsHQuOngCYFiZmYx

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