NAS100...Ever The Bullish Instrument Part 9

hace 7 días

A video version of this commentary is included in the youtube link in my tradingiew profile.

A new week of guaranteed trades awaits as we see NAS100 continuing on its historically bullish run.

Let me be the first to remind everyone that when I say the market is historically bullish, it does not mean that sells do not exist...All that means is that instead of selling, I am waiting for the market to complete it's largest HL and then I buy back to another ATH (HH).

What is my reason for this?
If the market is historically bullish, then it has to be trending HLs to HH's..so the largest HL will be terminated on a HH...Guaranteed!

So for this week, it is more of the same taking my largest HL's and buying to my HH's and then taking profit before waiting for a temporary sell to another HL where I do it all again.

As I have always said...

Any sells on the NAS100 are only temporary retracements to set up a larger HL...
They key is to be patient and wait for the HL to be completed before taking a buy...otherwise you will suffer significant drawdown before the price goes back in trend.

That is all I will be doing for this week...very boring but effective strategy...lol

Have a great week.

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

hace 6 días

Nota

As mentioned before, Mondays, Tuesdays and sometimes Wednesdays is usually consolidation, retracement and liquidity taking days.

You will notice that price has been consolidating between last Friday's Low and High and so this is a clear indication that I need to be patient so that I can have a clearly defined entry based on structure.

While the rest of the market will trade (or not trade) due to the upcoming economic projections, as usual that does not affect how I trade as I am only looking at the established market structure and will continue to take the HLs to the HHs.

New does not create new structure, it only creates volatility within an already defined structure.

As always, this is the time to be patient and wait for my A++ setups that only come with the correct certification before taking my first buy of the week.

Continue to be patient and expect to have a great and profitable week.

#oneauberstrategy

hace 6 días

Nota

I have updated my current charts with my first Z.O.I for the week.

Please note that if my HL's form higher than this zone and are confirmed...I will be taking the buys.

Trade smartly...
Use your demo accounts if you are not comfortable with the strategy
Practice
practice

#oneauberstrategy

hace 5 días

Nota

A part of being patient is understanding that when you are trading the trend and you exit a trade, you do not chase the price around and jump into a trade even when it is continuing in the direction you expected it to go.

This is the time when you must stick to your plan and continue to exercise patience.

Yesterday, I mentioned that my next entry would be on a HL or by my entry zone...the HL's only came on smaller timeframes before my entry window, however they did not even come close to my preferred entry zone and so what did I do?

I sat out yesterday's session and waited...

Remember I have always said, Monday's Tuesdays and sometimes Wednesdays are the days the market, consolidates, retraces and sets up for the trend move of the week.

Yesterday was only Monday and so there is no rush for me to chase the price around.

Overnight we saw the retracement starting to take shape and currently we have signaled a H1 HL...All timeframes above are currently coming from ATH's and as such it will be critical for me to wait until the needed retracement is over.

Since yesterday's series of ATH's price has started the retracement phase and this is where additional patience will be needed before taking my next Guaranteed HL to another Guaranteed HL.

Remember this is a marathon and not a sprint...

You do not need several entries everyday to be successful, you just need the right one.

Congratulations to those who held their buys through yesterday...As I have always said, if you get the correct HL entry you can hold eternally, however if you entered on a less than desirable entry and just rode a wave, ensure you cover your profits and wait for another Guaranteed entry as it will come.

Take care...next stop for me is the largest HL back to a guaranteed ATH (HH)

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

hace 4 días

Nota

Yesterday's session saw the H2 being the largest HL and my entry was based on that.

After the session closed and reopened at 6:00 pm, there was a quick confirmation to start things off with the H3 also signaling a required HL and the market continued it's slow climb to another Guaranteed HH (ATH)

As always, this is a marathon and not a sprint and with today being only Wednesday and 1 trade in motion, it is just a matter of being patient for the guaranteed process to play out.

A quick look at the smaller timeframes confirms that the market is slowly coming into it's own and will only be a matter of time before the new break comes into effect.

As always, the aim of the game is patience in order to get those A++ setups and then just keep riding the trend wave to the next ATH (HH)

The next stop for me is the ATH, however if my H3 confirms a LH during my confirmation window, I will manually TP and wait for my next HL and repeat the process until the ATH is broken...Guaranteed.

One thing is for sure, this market is still making HL's and as such, all I have to do is to wait for my trades to play out.

Have a great trading day!

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

hace 3 días

Nota

When I started my trading journey, I heard this being said and the more I analyze, it proves true every single time.

Every time the markets want to go up, they go down first...

While this might feel counterintuitive, markets frequently exhibit a pattern of "shaking out" weaker hands (traders with weak and overleveraged accounts) before making a move upward.

This is usually done by volatility, fear or profit-taking. (Mondays, Tuesdays and sometimes Wednesdays)

Traders relying on indicators and algorithms might react to short-term news (like yesterdays news) creating these dips (always temporary), even when the overall trend is bullish.

This is a reminder of the importance of patience and perspective in investing.

#oneauberstrategy
#patience
#whywewait