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NAS100 its turning into a frustrating little ping pong of a tiny range...come on NAS do something with some kinda conviction :)

US100 Shortly after midnight UTC-0, we breached yesterdays High and price has been steadily falling since…are we bearish today? Not likely imo….why? because of what I just said….

When do we go bullish? Well, I believe we that we will retest Mondays High again….setting up a bigger bullish move a few hours into the NY

Obviously, anything can happen….But for us to be Bearish IMO we need to start hitting Daily Lows rather than Daily Highs!

Note that we are well away from last weeks High….

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NAS100 whats your bias today?
Higher or lower to rebalance to bullish HTF FVG?

Let me hear your opinion and analysis.

NAS100USD

There is always a method to my madness.

As you saw me post yesterday, I encouraged those who were buying to cover their profits from the H1 LH was formed.

It went up and put on a HH (no worries...profits are profits)

I also mentioned that before I buy again, I need to see the retracement and get another guaranteed HL...While that did not happen yesterday, that concept keeps me from taking trades that do not align with my strategy and so I am not rushing...just waiting for the next setup..

The market is guaranteed to retrace and form another HL.

Always remember the largest HL we currently have is still the weekly, however if you have been following my commentary you will also know that the smaller timeframes must create LH's to LL's in order to fulfill the largest HL.

So for me I just wait...(not chasing the price...just wait for my setup)

Since the last H1 low on Friday, the market has move over 9,000 pips to it's current position.

If you took the HL yesterday until around 8:00pm last night that was another 2500 pips.

Although the LH has been signaled on the daily, you still see that it continued to push yesterday...that is why rather than sell, I wait.

Will it sell? absolutely
Is my bias still bullish? Absolutely and will continue until the monthly starts making LH's to LL's

What do I do while it is selling?

I take my largest HL and exit on my largest High...(if it is only a LH...I TP and wait for another HL that is guaranteed to come)

Again...this is a concept that has taken years to perfect...do not expect to master it in a few sessions, days, or months.

Learn to be patient
take your time
master your craft

#oneauberstrategy
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NAS100 we are at fib 0.382...this retracement looks very strong, I think will get at least to fib 0.5 at 20200...
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