NAS100...Ever The Bullish Instrument Part 4

已更新
Last week saw the completion of another trend move on the daily and the setup for a continuation towards the ATH.

Last week's move created some expanding of the upper consolidation zone with the Daily timeframe signaling a new Low (HL) and still maintaining structure on the larger timeframes.

All of this action still took place in region of the 78% level.

As I have always stated, my bias will always be towards the trend moves which are HL's to HH's

During extended consolidation periods, my entries will be on the HL's and in the event that the trend does not cooperate, I can always TP's on the Larger LH's and scale my accounts to the next level.

The important thing I have learnt over the past few years is to not trade for what I am expecting the market to do, but to trade what the market gives and so the HL's to HH's are still my valid moves.

Last week Wednesday, I took a HL that I am still holding, however to counteract this, I continued to take the HL's as they came and took the profits on the respective LH's...This activity will continue until the buy comes back in trend and the trade will continue as a swing trade towards new ATHs.

What am I expecting this week?

1. My entries will continue to be taken from my largest HL's and terminate on my largest
registered Highs

2. The completion of a daily HH or at worse a LH before looking at sustained retracement
moves.

In any event Monday's, Tuesday's and sometimes Wednesday's are retracement and setup days and it is obvious that NAS100 will not be rushed.

So until then I continue to wait for my largest HL's and trade them to my highest highs.

Remember for this week:

1. Continue to practice trading what you see
2. Use demo accounts to help build your confidence
3. Do not be afraid to loose...learning to consistently loose, helps you ability to isolate what
you know does not work and improve for the next time.
4. Journal every single move and constantly evaluate for opportunities

Have a great trading week and more success

#oneauberstrategy
#auberstrategy
#aubersystem
#whywewait
#patience
#zigzagtheory

注释
With just over 3 hours into the trading week, one thing has already been confirmed; and that is the fact that the market is still making HL's to HH's.

With that being said, the trading plan for me still remains the same...taking my largest HL's and trading them to my Highest Highs.

As I have always mentioned, Monday's Tuesdays and sometimes Wednesdays are the days the market uses to create it's boundaries and consolidate between previously established boundaries.

What am I looking for?

1. The completion and certification of my HL's in order for me to buy.

2. The establishment of minor structures (retracement within the larger retracement) in
order to take my buys with confidence.

3. Identification of my active timeframes so as to have a clear signal of the timeframes that
will be fueling the first moves of the week.

As usual there is no rush...there is nothing that the market has given since opening that even sparks my interest.

I am way outside of my entry window and all that is being created now are consolidation (not absolute) points.

1. I am not assuming what I think the market will do.

2. I am waiting on the market to confirm what it has done and is currently doing and then
apply the appropriate strategy to successfully take my trades.

Consolidation only creates frustration...wait for your trend entries and trade them to either order blocks or break towards the upheld structure.

Have a great week and as usual I will do my best as time allows to add to this commentary.

If you have not done so, you can see the youtube link in my tradingview profile that highlights what I am expecting for this week.

Have a great day.

#oneauberstrategy
#aubersystem
#auberstrategy
#whywewait
#patience
#zigzagtheory

快照
交易开始
As this election week continues to play out...it is important to note that just like how I do not trade the news...I also do not trade the election.

I have always said and 110% know that market structure is key...
The market will complete what it is started...
News and in this case elections on Tuesdays will only create volatility within market structure.

What do I mean by this?

1. If the market has started to make a high...no news or economic events will suddenly cause
the high to somehow turn into a Low...it simple cannot happen.

2. What volatility will do is that it will push the price to complete the high faster, your job
now is to be extra patient and not react to the volatility created by the news and wait for
the market to settle on the point being created before taking the trade.

With that being said since I know what I am looking for in order to take my buys, if that is created before, during or after the election, it doesn't matter once I get the required certification and signal, the move will be validated.

Remember volatility only happens within a previous established structure...

Volatility and news does not create new structure, it simply retests, takes liquidity for the larger timeframes by taking out early sellers and buyers before settling and continuing the move that was already started.

Every single trade that is lost can be traced back to a lack of patience when taking the initial position...

So today remember the wise words of Warren Buffett:

"The stock market is a devise for transferring money from the impatient to the patient."

#oneauberstrategy
#auberstrategy
#aubersystem
#whywewait
#patience
#zigzagtheory

快照
注释
Even a clock (analog) that is not working is right at least twice a day...

Likewise...buyers and sellers on the markets are right at least once per day...

That is where the Zig Zag theory originated from...
Where there is a Zig, you must get a corresponding Zag...
Where there is a Zag, you must get a corresponding Zig...Guaranteed...you just have to be patient and wait it out.

The trick is to ensure that when you take your retracement sell, you entered at the correct time and do not make the mistake that it will sell forever.

Finally, when you take your trend buys, you wait for the highest active Low, ensure that you are not overleveraged and trade to your highest high.

Have a great trading week.

#oneauberstrategy
#auberstrategy
#aubersystem
#zigzagtheory
#whywewait
#patience
#whywewait
交易开始
As expected today's trade stayed true to form with the Monday consolidation and volatility on full display.

As mentioned this is the time when I stick to the trend no matter what.

Today's entry was based on the H2 HL was at 19,930.20.

I did mention that my rationale for sticking to the trend during consolidation periods is that although the moves are tedious and slow...the trend always wins and it requires quite a bit of patience to see these trades through.

The good thing is that based on my entry, the trade has remained in positive territory throughout the entire session.

Structure has still been upheld and we have a true consolidation with price bouncing from the High and Low of Friday.

What am I looking for?

1. I am still holding my buy bias and will TP if there is rejection on the larger timeframe.

2. Still trading my HL to my highest high on my active timeframes.

There is still one vital piece of validation that I must see before adding more buys.

Have a great night...

#oneauberstrategy
#aubersystem
#auberstrategy
#whywewait
#zigzagtheory
#patience

快照
注释
While most people trade in speculation with the election day upon us, for me it is business as usual...Trading the trend HL to HH.

The market will do what the market has to do and nothing will change that. Any type of injected volatility and panic trading only allows the current Zig or Zag to be completed more quickly, providing the opportunity for an ideal entry or a quicker than expected TP.

There is no question that the market has been lackluster since opening on Sunday, however because of patience and being able to get a great trend entry, you can rest easy knowing that comes what may the trend will always survive any volatility and retracement assault.

What am I expecting today?

1. Continuation towards the active highest High

2. Possibly more consolidation as more traders fear the uncertainty of the elections

3. More entry buy entry opportunities in completing of the trend move and another shot at
an ATH

With that being said, I remind myself to not trade what I think or expect the market to give, instead to trade what has been revealed and confirmed.

Have a great trading day!

#oneauberstrategy
#auberstrategy
#aubersystem
#patience
#whywewait
#zigzagtheory

快照
交易开始
Just another day...

Original buy entry of 19,930.20 is still being held and is currently at a profit margin of over 210% in less than 48 hours.

What am I expecting?

1. looking for other HL positions so that I can add more buys if possible.

2. looking for my highest high in order to TP

#oneauberstrategy
#auberstrategy
#aubersystem
#whywewait
#zigzagtheory

快照
注释
I manually took my profit since I am up by 203%

As usual I will wait for another entry to complete the move.

Still bullish...HL's to HH's

Exit price was 20478.7

#oneauberstrategy
#aubersystem
#auberstrategy
#zigzagtheory
快照
交易开始
Now that I have taken my profit last night (only because I had a better than average Pip haul) it is now time for me to look for my next setup.

As mentioned before...the news or the election does not affect my trading style...you would have noticed that I was buying since Monday and manually took my profit as soon as it got to a satisfactory profit level.

It did continue to push, however, I am confident in the strategy and the fact that the next setup will come and so I wait.

For me the buy is not quite completed and as such I am still looking for the correct HL.

So what is next for me...

1. Not to overthink and overtrade

2. Exercise patience in waiting.

3. Understanding that it is not the quantity of the trades that makes you the most money...it
is the quality

#oneauberstrategy
#aubersystem
#auberstrategy
#whywewait
#patience
#zigzagtheory

快照
交易结束:到达目标
注释
Now that my objective of the HL to HH has been met...

It is now time to focus on the completion of the needed retracement....
Chart PatternsTechnical IndicatorsTrend Analysis

Be the exception...not the rule.
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