It is always encouraging to see the setups play out as you patiently wait.
Today it seems like NAS100
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 create a HL at around 4:07 this morning.
As usual I do not trade HL's or LH's as those are 1/4 or 1/2 moves that have the potential to keep pushing on way or the other and so I wait.
From the look of things now, we should be seeing the long awaited HH on the H1 at some point in today's session.
Once I get that confirmation, my bias will shift from neutral to short.
Until then, my bias is neutral as I still have not received my confirmation while the market finds its legs for the week, I still observe and analyze and wait for the price to come to me.
No sense in rushing, there are moves every single week and today is only Tuesday...my patience will be rewarded and I am learning to exercise patience and control while I wait for the perfect entry and trades...It is not in the quantity, but in the quality of the trades you take.
No confirmation = no trade.
#auberstrategy
#whywewait
Today it seems like NAS100
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 create a HL at around 4:07 this morning.
As usual I do not trade HL's or LH's as those are 1/4 or 1/2 moves that have the potential to keep pushing on way or the other and so I wait.
From the look of things now, we should be seeing the long awaited HH on the H1 at some point in today's session.
Once I get that confirmation, my bias will shift from neutral to short.
Until then, my bias is neutral as I still have not received my confirmation while the market finds its legs for the week, I still observe and analyze and wait for the price to come to me.
No sense in rushing, there are moves every single week and today is only Tuesday...my patience will be rewarded and I am learning to exercise patience and control while I wait for the perfect entry and trades...It is not in the quantity, but in the quality of the trades you take.
No confirmation = no trade.
#auberstrategy
#whywewait
Trade active:
current between the upper Fib levels 61.8% & 78.6% with a registered HL...
still awaiting that confirmation if it will be a sell...
no confirmation = no trade
still awaiting that confirmation if it will be a sell...
no confirmation = no trade
Trade active:
I may be away from my computer when the market gives the signal, however if it comes, I will be taking in on my phone.
The HH on the H1 should come on, which should pull the H4 and H5 to their highs also.
Once that happens, I will take the trade and trade that trend...
As usual; no confirmation = no trade
so if I don't get it, I still wait for another one...no deviation moves around here...
The HH on the H1 should come on, which should pull the H4 and H5 to their highs also.
Once that happens, I will take the trade and trade that trend...
As usual; no confirmation = no trade
so if I don't get it, I still wait for another one...no deviation moves around here...
Trade active:
Another day of waiting as my setup did not materialize..
no setup = no trade = Account balance still intact.
see you on the next idea
no setup = no trade = Account balance still intact.
see you on the next idea
Be the exception...not the rule.