Auberstrategy

Auberstrategy Updated 

It is always encouraging to see the setups play out as you patiently wait. Today it seems like NAS100 OANDA:NAS100USD is on the verge of providing the HH on the H1 as it completes the H4 and H5 highs (Technical LH's). Price temporarily broke the 78.6% Fibs level and consolidated for most of Asian session consolidating on the line before doing a slight dip to...

Auberstrategy

As the days progress and I get more confirmations for my stance, it becomes clear to me that the signals that I am looking for in the market are solid in helping me to become a better trader. Today was no exception, the buy that started from Thursday 9:32am continued into today and pushed the price upwards to the 78.6% retracement level. The key with analyzing...

Auberstrategy Updated 

Based on my observations from last week, NAS100 made it clear that the 61% retracement was needed as it achieved that level overnight with an overbought high. Based on my strategy, it is still not enough confirmation for me to take a sell as my absolute conditions have not be met for a clean entry and so I will still continue to wait. As I observed and pointed...

Auberstrategy Updated 

Last week we saw NAS100 continuing the downward trend that it started Friday 09/01 @9:23am and it has been trending down since then. On Thursday 09/09 @9:32am it bounced from a "created support level and managed to create a wick just above the 50% retracement line. Being that the market likes to retrace to at least 61.8% or 78.6%, there is still a possibility...

Auberstrategy Updated 

As I have been monitoring the moves of NAS100, it has become clearer of the pattern that exists in the market and hence my decision to trade the market extremes. Since yesterday it has been clear that the bulls were determined to get back in the market at some point to create the LH that was desperately in order to complete the LL on the H1 signaling the end of...

Auberstrategy

The bears are fighting hard to keep the bulls from regaining a foothold for the upswing, however today's sell came to a halt at 9:32 am after the USA markets opened. The bulls were trying their best to come back in the market, however they have so far only managed to make it above the 23% mark whether they will succeed with tomorrow being the end of the week,...

Auberstrategy Updated 

There is no question that the bears are still in control as the retracement I was expecting did not materialize, however I am safe as my conditions for taking a new trade did not materialize and so I had no reason to take the buy that will come at some point and so I continue with my neutral position. It's just a matter of waiting for the correct setup and not to...

Auberstrategy

As expected NAS100 continued it's downward momentum to register the new lows on the H2 - H5 timeframes and as such it is becoming clearer that my next move should be a buy once I get a LL confirmation on the H1. Also today's move completed my original fibs that started with the HH (100%) on Friday to the Low (0%) on Friday which saw the first retracement coming...

Auberstrategy Updated 

Yesterday's buy from a H1 LL to a H1 high is currently sitting at a 78% retracement. If that gave me all the confirmations I was looking for, I would be in for another buy, however, both the H1 & H2 timeframes made highs yesterday and as such, the 78% only yielded a HL for the H1 and as of this writing has not signaled a low on the H2. The other factor that...

Auberstrategy Updated 

NAS100 finally completed it's LL this morning and created the perfect buy opportunity back to a High to close out today's session. What's next? Well I am waiting to see if it will continue on upwards back to the last HH Zone in a bid to complete the High on the Daily. The next scenario is that it comes back and breaks the day's Low to give me what I call a...

Auberstrategy

Finally NAS100 has arrived at the new H1 LL Zone...with that being said my bias has become clear and I will now start looking for buy opportunities. A quick check on all my timeframes up to the H-11 reveals that everything above the H2 is at a HL which is still in keeping with the trend of HL/HH. So right now my bias has shifted towards the buy and I will...

Auberstrategy Updated 

Right now I am still neutral and I am still awaiting my HH or LL to decide on my buy or sell bias...I am noticing that the price is still consolidating within Friday's zone when it did a HH to Low. Today was labor day and so the volume was understandably low with the early market close at 1:00pm EST. Now that the market has reopened 6:00pm EST I am just...

Auberstrategy

The H1 is currently sitting at 50% retracement from the last High to Low move that happened on Friday 9/1 and as a result it is currently sitting in my no entry Zone. Factors I am considering: 1. USA Labor day (shortened trading session...Low Volume) 2. No HH signal so no sell entry 3. No LL signal so no buy entry 4. Early week consolidation to set up major weekly move

Auberstrategy Updated 

NAS100 still in the current overall bullish trend...it's the beginning of the week and so retracements are inevitable. Just a snap of the custom H12 timeframe to give some perspective. Right now I am just awaiting to see the the LL or HH on the H1 to determine my first trade of the week to know if we are continuing the slight dip that started on Friday or if the...

Auberstrategy Updated 

OANDA:NAS100USD So this week my bias has been towards the sell setup as that has been the current trend since the highest point of the week on Monday @ 1:00pm. The rationale behind this bias is that since the market is making HL/HH and all timeframes behind the daily were at their HH's then it is only fair to conclude that in order for the day to compete it's...

Auberstrategy Updated 

OANDA:NAS100USD After yesterday's first major move of the week of over 3,500 pips, the market completed it's retracement cycle overnight by creating the M15 LH/LL which yielded another 800 pips. Currently the next entry point will be a high on the M15 (LH on the H1) and the next exit will be the next LL on the hour timeframe. This week the market is stingy...

Auberstrategy Updated 

Today was the best day since the start of the week in terms of PIP haul. A total of 1200 pips went to my profit on the conservative side and the move continued in the sell for another 1800... Despite coming out early, I am more confident that the market will continue to trend down until the HL is made on the daily timeframe. As of now, I am just awaiting the...

Auberstrategy Updated 

OANDA:NAS100USD Now that the M15 completed it's segmented Oversold LOW (H1 HL) it is now just waiting for another opportunity to take a sell towards the ultimate destination which is the daily HL. A quick glance at the daily and weekly timeframes will show you that the market is intent on getting a bearish momentum going but for the past two days has only...