US Nas 100
Short
Updated

NAS100...Strong Resistance

NAS100USD

After yesterday's small push to the upside...NAS100 was again met with more resistance and so with the failure of the H4 to put on the high position...the long position I had was closed on the H1 High (if you used the Oanda chart) or the H1 LH if you used the vantage chart.

This all translated to a High on the M30 and the M15.

After this, the only other thing for me to do was to look for selling opportunities from a break and retest of the timeframe that made the technical LH (M15 & M30 HIGH).

That came this morning at 8:09 am and triggered my sell limit at 14726.40...the move is currently up by over 11%

The next phase for me right now is to look for the type of low that will be triggered by my H1 timeframe to see if the bearish run will continue as it did from last week.

As usual, one has to be fluid and make adjustments to the signals the market gives...

I am not chasing the price, however I will let the market reveal its intent while I patiently wait.

no setup = no trade
#auberstrategy
#whywewait
#patience
Trade active
My Buy limit was activated earlier today at 14610.55...currently in a retracement and will wait for the H1 high before exiting.

snapshot

#patience
#auberstrategy
#whywewait
#finishthemove
Trade active
While my current bias is still saying short...I am well aware that the weekly has finally indicated a HL position, however I have to be patient and continue to wait for the market before fully committing to buys and so for now I will pay close attention to retracement moves.

As usual:

No setup = No trade
#patience
#auberstrategy
#whywewait
#finishthemove
snapshot

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