NAS100USD
Now that my vantage chart has signaled a Daily High for me...my bias is now going to be bearish.
Before the moves start...the Oana chart should completes its daily HIGH in today's session and so there is no rush on my end.
Please understand that although I am bearish, it does not mean that I am going to just take sells without the proper setup.
What this means is that I will be selling from HIGHS to LOWS.
There will be liquidity spikes, consolidation, however my principle remains the same buy from the LOW and sell from the HIGH.
I have not taken my first entry as yet, however it will be on my first valid HIGH or HH...
Understand that you will need to take partials as the move develops or if you want to just stay in for the ride...that is your decision to make.
I will continue to make more posts as the move develops...
#aubersystem
#auberstrategy
#whywewait
#patience
no setup = no trade
Trade active:
Nothing much to report today other than that, I set a sell limit at 15361.80 and waiting for it to be hit.
That was the highest point that the market hit today on the vantage chart and it has yet to be tested.
So I wait for it to be activated and then I will be in my first move in a week.
Again...no setup = no trade
#stillwaiting
That was the highest point that the market hit today on the vantage chart and it has yet to be tested.
So I wait for it to be activated and then I will be in my first move in a week.
Again...no setup = no trade
#stillwaiting
Trade active:
Today will be a continuation for the strategy of taking my Highs to LOWS.
The market is at the top for me, and right now and it will only be a matter or time before the full move comes into play.
What I think doesn't matter and so I continue to wait for the market to reveal itself.
Since the Daily already signaled a high, my bias automatically shifts bearish...HOWEVER, please note that I still have to trade responsibly by entering on my HIGHS and selling to my lows.
Continue to analyze and be patient.
See you at the next LOW...
By the way...I modified my current sell limit based on what I am analyzing...
Since I am not a signal service, I will not share this as it is my own personal observation and it may or may not play how I need it to play.
Use the limit I gave as I guide and continue to do your own analysis (DYOA)
This week may be considered boring if you are anticipating a particular move, however it is a GEM for analysis as there is a ton load of data available to improve on your current strategy.
Nothing beats chart time...#analyze
#aubersystem
#auberstrategy
#whywewait
#patience
No setup = No trade
Do not speculate...Evaluate!
The market is at the top for me, and right now and it will only be a matter or time before the full move comes into play.
What I think doesn't matter and so I continue to wait for the market to reveal itself.
Since the Daily already signaled a high, my bias automatically shifts bearish...HOWEVER, please note that I still have to trade responsibly by entering on my HIGHS and selling to my lows.
Continue to analyze and be patient.
See you at the next LOW...
By the way...I modified my current sell limit based on what I am analyzing...
Since I am not a signal service, I will not share this as it is my own personal observation and it may or may not play how I need it to play.
Use the limit I gave as I guide and continue to do your own analysis (DYOA)
This week may be considered boring if you are anticipating a particular move, however it is a GEM for analysis as there is a ton load of data available to improve on your current strategy.
Nothing beats chart time...#analyze
#aubersystem
#auberstrategy
#whywewait
#patience
No setup = No trade
Do not speculate...Evaluate!
Trade active:
I have been saying all along...the market rewards the patient.
Those of you who have been following my thread, will see that today was the day when the patient were rewarded.
Current move is 2000 pips in profit...
I have exited and will wait for another high on my smaller timeframe since the H4 has signaled a HL.
Please note that I am no longer buying, but waiting on my highs to take my sells to the lows.
The current trend is turning bearish, however you must understand that there will be retracement periods and the market will retrace until all loose ends are finished up, the consolidation moves are over.
So my bias is still bearish, however I am only taking my trades from the highest point to the lowest point.
Continue to exercise patience
#aubersystem
#auberstrategy
#whywewait
#patience
Those of you who have been following my thread, will see that today was the day when the patient were rewarded.
Current move is 2000 pips in profit...
I have exited and will wait for another high on my smaller timeframe since the H4 has signaled a HL.
Please note that I am no longer buying, but waiting on my highs to take my sells to the lows.
The current trend is turning bearish, however you must understand that there will be retracement periods and the market will retrace until all loose ends are finished up, the consolidation moves are over.
So my bias is still bearish, however I am only taking my trades from the highest point to the lowest point.
Continue to exercise patience
#aubersystem
#auberstrategy
#whywewait
#patience
Trade active:
Depending on which chart you are using the following sell limits will apply:
Vantage = 15397.35
Oanda = 15389.2
The reason for this...the current H1 and M30 timeframes are all at oversold LOWS.
The H4 is sitting at a HL and has not broken structure as yet.
My original bias was HL/HH on the smaller timeframes until the Daily completes the HIGH.
The daily has signaled the HIGH and so I am taking only sells, however I am taking them only to the LOWS, then I exit and wait for a retracement.
Please note that I am not taking buys...Instead I am waiting for the retracement to be over and then I take the sells.
Even if the price does not go back to my target...I am out of the market and no possibility of loosing anything by taking a risky trade.
If you did not take the sell from the HIGH, you may want to wait for the retracement to enter...no use entering now and dealing with a retracement all night.
#bepatient
#auberstrategy
#aubersystem
#whywewait
#patience
no setup = no trade
do not speculate...evaluate
Vantage = 15397.35
Oanda = 15389.2
The reason for this...the current H1 and M30 timeframes are all at oversold LOWS.
The H4 is sitting at a HL and has not broken structure as yet.
My original bias was HL/HH on the smaller timeframes until the Daily completes the HIGH.
The daily has signaled the HIGH and so I am taking only sells, however I am taking them only to the LOWS, then I exit and wait for a retracement.
Please note that I am not taking buys...Instead I am waiting for the retracement to be over and then I take the sells.
Even if the price does not go back to my target...I am out of the market and no possibility of loosing anything by taking a risky trade.
If you did not take the sell from the HIGH, you may want to wait for the retracement to enter...no use entering now and dealing with a retracement all night.
#bepatient
#auberstrategy
#aubersystem
#whywewait
#patience
no setup = no trade
do not speculate...evaluate
Trade active:
Conditions for continuation sell or retracement buy:
1. If the M30 makes a segmented High back to the low break line...then that is a condition for a sell entry as the move will continue down.
2. If the M30 makes a direct move high, that will take it right back to 15389.2 (Vantage and Oanada Entry) for activation of my sell limit.
Set your alerts and go to bed.
#patience
1. If the M30 makes a segmented High back to the low break line...then that is a condition for a sell entry as the move will continue down.
2. If the M30 makes a direct move high, that will take it right back to 15389.2 (Vantage and Oanada Entry) for activation of my sell limit.
Set your alerts and go to bed.
#patience
Trade active:
A quick look at the current status of my timeframes reveals that the M30 has signaled two consolidation points (LH & HL) which means a segmented High is possibly in the making.
However the other keys to note are that...the H1 has made an oversold low also has returned make a LH...
I will still evaluate to see if a new high is created or if a LL is finished.
This is why extreme patience is required when trading the building bearish trend. Here are two things that signal to me a shift in the momentum is in the works.
1. Bullish moves are shorter while bearish moves are getting longer with each
new sell.
2. It takes longer for the retracements back to the high point while the sells are
hard and fast.
What am I trading now?
Nothing...I am just waiting on my ultimate entry point to be hit and my sell limit triggered for another sell...Or to see what type of highs will be formed from my timeframes currently sitting at LOWS.
What is my exit point?
Once in the sell...I will be out on the next timeframe that requires it.
How will I know the next timeframe that requires it?
please review my posted videos on the strategy and practice to identify it...learning comes through effort on your part.
The strategy still stands...
Highs to Lows and Lows to Highs
#patience
no setup = no trade
However the other keys to note are that...the H1 has made an oversold low also has returned make a LH...
I will still evaluate to see if a new high is created or if a LL is finished.
This is why extreme patience is required when trading the building bearish trend. Here are two things that signal to me a shift in the momentum is in the works.
1. Bullish moves are shorter while bearish moves are getting longer with each
new sell.
2. It takes longer for the retracements back to the high point while the sells are
hard and fast.
What am I trading now?
Nothing...I am just waiting on my ultimate entry point to be hit and my sell limit triggered for another sell...Or to see what type of highs will be formed from my timeframes currently sitting at LOWS.
What is my exit point?
Once in the sell...I will be out on the next timeframe that requires it.
How will I know the next timeframe that requires it?
please review my posted videos on the strategy and practice to identify it...learning comes through effort on your part.
The strategy still stands...
Highs to Lows and Lows to Highs
#patience
no setup = no trade
Comment:
Here is an update for you...There may be a lot of volatility today as it is observed by some business as veterans day and although the actual holiday is tomorrow some businesses have modified their hours since it falls on a Saturday.
The "NYSE and the Nasdaq will indeed follow a regular schedule on Friday, the day before Veterans Day." Copyright (c) 2023 Dow Jones & Company, Inc.
Just be mindful that volume may be slightly affected and there may be some volatility spikes and so it is important that you exercise extreme patience and rush your trades.
#patience
#wait
#aubersystem
#auberstrategy
#whywewait
Don't estimate...Evaluate
No setup = No trade
The "NYSE and the Nasdaq will indeed follow a regular schedule on Friday, the day before Veterans Day." Copyright (c) 2023 Dow Jones & Company, Inc.
Just be mindful that volume may be slightly affected and there may be some volatility spikes and so it is important that you exercise extreme patience and rush your trades.
#patience
#wait
#aubersystem
#auberstrategy
#whywewait
Don't estimate...Evaluate
No setup = No trade
Trade active:
I just noticed that the M30 and H1 all completed LL's which I now have my first completion of a Low trend move.
That is good new for the bears, however do not get overly excited and just rush into the markets...
Stick to the plan and take your highs to your lows.
I cannot tell you how to trade, however, I am not in any setup at the moment...I am awaiting a retest of a High...
segmented = continuation
Direct = back to original entry.
Right now it is all about patience
#patience
That is good new for the bears, however do not get overly excited and just rush into the markets...
Stick to the plan and take your highs to your lows.
I cannot tell you how to trade, however, I am not in any setup at the moment...I am awaiting a retest of a High...
segmented = continuation
Direct = back to original entry.
Right now it is all about patience
#patience
Trade active:
My trade is still active...
Last week ended with me taking a premature sell because I did not wait for my H4 candle to finish...(Always wait for your candles to finish)
The price came back to my break line as anticipated, however I missed the fact that it was coming back as a HH and would need to go back to the H4 resistance line before selling again.
What do i do in this situation?
1. For starters...I DO NOT PANIC!
2. Trust my analysis...the trade was entered when the price was at a High/HH
3. Remember that price always sells from a High/HH
4. Wait for the consolidation period to be over and for the price to break below
to create a new low.
The other thing to note is that both the monthly and weekly timeframes are coming from HH/Highs respectively and so they are working themselves down to complete their respective new lows.
For this to happen all timeframes lower need to be creating LH/LL's...Check every timeframe below the weekly and you will see that they have been creating LH/LL's...Even New Highs are forming lower than previously made new highs and HH's and so this is consistent with my analysis.
On Friday 11/10/2023...the weekly candle made an attempt to form a LH, however, it was again rejected at the H4/H1 resistance line which led to the M45/M30 both ending with bearish engulfing candles.
When continuing to check the lower timeframes all the way down to the M1 you will see that a true break in structure was formed (HH breaking directly to a new LOW) and it is awaiting confirmation in the form of a LH to a LL and then you will have the first confirmed break on the M1 timeframe.
Just for informational purposes...this has already been confirmed on the 30 second timeframe on Friday just before market close...
Please remember that I am not analyzing on my smaller timeframes...I am just look for execution based on what was signaled by the larger timeframes.
I only use the smaller timeframes for entry and re-entry purposes.
Where am I this week?
Well my bias is still bearish and will continue to be until the daily timeframe registers a NEW LOW.
My ultimate TP is set at 13699.7 as the lower timeframes will make LH/LL's until the Daily makes it's new LOW...
Now if this new LOW is a direct low...rest assured that the fall will continue and my TP and trades will be updated.
As you know I am not one to speculate on what the market will do, however I just trade what the market gives but it is going to be an interesting time for both buyers and sellers.
As usual, I just continue to exercise patience and wait for the right moves.
No setup = no trade
#patience
#aubersystem
#auberstrategy
#whywewait
Don't speculate...Evaluate
Last week ended with me taking a premature sell because I did not wait for my H4 candle to finish...(Always wait for your candles to finish)
The price came back to my break line as anticipated, however I missed the fact that it was coming back as a HH and would need to go back to the H4 resistance line before selling again.
What do i do in this situation?
1. For starters...I DO NOT PANIC!
2. Trust my analysis...the trade was entered when the price was at a High/HH
3. Remember that price always sells from a High/HH
4. Wait for the consolidation period to be over and for the price to break below
to create a new low.
The other thing to note is that both the monthly and weekly timeframes are coming from HH/Highs respectively and so they are working themselves down to complete their respective new lows.
For this to happen all timeframes lower need to be creating LH/LL's...Check every timeframe below the weekly and you will see that they have been creating LH/LL's...Even New Highs are forming lower than previously made new highs and HH's and so this is consistent with my analysis.
On Friday 11/10/2023...the weekly candle made an attempt to form a LH, however, it was again rejected at the H4/H1 resistance line which led to the M45/M30 both ending with bearish engulfing candles.
When continuing to check the lower timeframes all the way down to the M1 you will see that a true break in structure was formed (HH breaking directly to a new LOW) and it is awaiting confirmation in the form of a LH to a LL and then you will have the first confirmed break on the M1 timeframe.
Just for informational purposes...this has already been confirmed on the 30 second timeframe on Friday just before market close...
Please remember that I am not analyzing on my smaller timeframes...I am just look for execution based on what was signaled by the larger timeframes.
I only use the smaller timeframes for entry and re-entry purposes.
Where am I this week?
Well my bias is still bearish and will continue to be until the daily timeframe registers a NEW LOW.
My ultimate TP is set at 13699.7 as the lower timeframes will make LH/LL's until the Daily makes it's new LOW...
Now if this new LOW is a direct low...rest assured that the fall will continue and my TP and trades will be updated.
As you know I am not one to speculate on what the market will do, however I just trade what the market gives but it is going to be an interesting time for both buyers and sellers.
As usual, I just continue to exercise patience and wait for the right moves.
No setup = no trade
#patience
#aubersystem
#auberstrategy
#whywewait
Don't speculate...Evaluate
Comment:
Here is just some additional analysis I did as it relates to the USA Dollar just for informational purposes and to support the fact that the NAS100 will continue to be bearish:
On March 16, 2008 @ 10:00 pm, the USA Dollar reached it's lowest point in history @ 70.68...at that point it registered a LOW on the 12 month chart.
Since 2008 the price has not gone back to that point and has been on an upward trend ever since.
In order to create a NEW HIGH on the 12 month chart it will need to break 121.020 the previous LH created on July 6, 2001.
In order for this to happen, every single timeframe below the 12 month will need to be making HL/HH's.
Below you will find a link to each chart along with the corresponding support and resistance lines:
1. The 6 month chart is coming from a LOW and has yet to created a new High
2. The 3 month chart is coming from an oversold LOW and is currently at an
overbought HH (confirming that the smaller timeframes will need to be HL's
HH's)
3. The two month chart is also coming from an oversold LOW and is currently at
an overbought HH (also confirming that the smaller timeframes will need to
continue making HL's HH's)
4. The H1 completed the firs HL/HH cycle and is in the process of completing the
2nd phase with all the Highs and lows falling higher.
5. The weekly timeframe is also on the same path towards the 12 month high
The links will confirm the pattern, however you can always check on your own.
What does this mean for the NAS100?
Well since the NAS100 and the Dollar Index have an inverse relationship, once the dollar keeps buying...the NAS100 will ultimately keep falling.
When you do a check on the NAS100 charts you will see that the larger monthly timeframes are all coming from HIGHS and it will only be a matter of time for the sells to be in play.
As usual please exercise patience...
Do proper analysis
Trust your analysis
I hope this info was useful to you all.
#aubersystem
#auberstrategy
#whywewait
#patience
#neverstoplearning
On March 16, 2008 @ 10:00 pm, the USA Dollar reached it's lowest point in history @ 70.68...at that point it registered a LOW on the 12 month chart.
Since 2008 the price has not gone back to that point and has been on an upward trend ever since.
In order to create a NEW HIGH on the 12 month chart it will need to break 121.020 the previous LH created on July 6, 2001.
In order for this to happen, every single timeframe below the 12 month will need to be making HL/HH's.
Below you will find a link to each chart along with the corresponding support and resistance lines:
1. The 6 month chart is coming from a LOW and has yet to created a new High
2. The 3 month chart is coming from an oversold LOW and is currently at an
overbought HH (confirming that the smaller timeframes will need to be HL's
HH's)
3. The two month chart is also coming from an oversold LOW and is currently at
an overbought HH (also confirming that the smaller timeframes will need to
continue making HL's HH's)
4. The H1 completed the firs HL/HH cycle and is in the process of completing the
2nd phase with all the Highs and lows falling higher.
5. The weekly timeframe is also on the same path towards the 12 month high
The links will confirm the pattern, however you can always check on your own.
What does this mean for the NAS100?
Well since the NAS100 and the Dollar Index have an inverse relationship, once the dollar keeps buying...the NAS100 will ultimately keep falling.
When you do a check on the NAS100 charts you will see that the larger monthly timeframes are all coming from HIGHS and it will only be a matter of time for the sells to be in play.
As usual please exercise patience...
Do proper analysis
Trust your analysis
I hope this info was useful to you all.
#aubersystem
#auberstrategy
#whywewait
#patience
#neverstoplearning
Trade active:
Continuing with my weekly analysis from earlier...
Friday saw a rejection when the weekly candle failed to register a LH just at the H4/H1 resistance line.
As I mentioned in both my written and video analysis...the M1 time frame made a direct break towards the downside with HH to LOW.
Since the market has opened we have had 1 confirmation of the break (LH to LL)
2 more new breaks to the lower side and 2 more confirmations...giving additional to the original idea that the rejection at Friday's close is valid.
Please remember that I do not do analysis on the M1, however the small timeframes execute the commands given by the larger timeframes, that is why I use them for additional entries.
As always we continue to exercise patience.
Remember as always...the price cannot buy from a HIGH nor can the price sell from a LOW.
With all timeframes finishing the week at high points...it will only be a matter of time for the market to start selling.
As I mentioned before...that is why I held the trade that I entered incorrectly as soon as the H4 broke for the HH instead of waiting for the candle to close before entering.
Continue to exercise patience and I will see you at the next LOW.
#auberstrategy
#aubersystem
#whywewait
#patience
no setup = no trade
do not speculate...evaluate
here is a visual of what is being played out on the M1 timeframe...remember execution starts with the smallest timeframe after the largest timeframe sets the tone and the trend.
Friday saw a rejection when the weekly candle failed to register a LH just at the H4/H1 resistance line.
As I mentioned in both my written and video analysis...the M1 time frame made a direct break towards the downside with HH to LOW.
Since the market has opened we have had 1 confirmation of the break (LH to LL)
2 more new breaks to the lower side and 2 more confirmations...giving additional to the original idea that the rejection at Friday's close is valid.
Please remember that I do not do analysis on the M1, however the small timeframes execute the commands given by the larger timeframes, that is why I use them for additional entries.
As always we continue to exercise patience.
Remember as always...the price cannot buy from a HIGH nor can the price sell from a LOW.
With all timeframes finishing the week at high points...it will only be a matter of time for the market to start selling.
As I mentioned before...that is why I held the trade that I entered incorrectly as soon as the H4 broke for the HH instead of waiting for the candle to close before entering.
Continue to exercise patience and I will see you at the next LOW.
#auberstrategy
#aubersystem
#whywewait
#patience
no setup = no trade
do not speculate...evaluate
here is a visual of what is being played out on the M1 timeframe...remember execution starts with the smallest timeframe after the largest timeframe sets the tone and the trend.
Trade active:
Overnight I noticed that the price continued to fall amidst some early week consolidation moves on the M1 timeframe...Please note that I am not doing analysis on the smaller M1 timeframe, however, I am just documenting the execution moves that are being played out as dictated by Friday's rejection registered on the weekly candle.
I noticed that the M1 has made a series of new lows and they have all been confirmed so far by LL's below each new break line...That is a clear sign that the bears are getting stronger as this move progresses.
Between 3:10 am and 3:26 am there was a quick series of consolidation moves (Signaled by direct breaks to the high to low and then back to the high) on the M1 time frame, however these all happened below the last M1 break line.
What am I expecting for today?
1. The new bearish trend is still in it's early stages and will only get stronger as
the week matures.
2. Take note of the consolidation that is usually associated with the first two
days of the week NAS100.
3. Continue to monitor the market for clues it gives regarding the stage the move
is in and cover your profits once you get them.
I will continue to exercise patience as the move develops knowing that although my entry on Friday was 4 hours early, it will only be a matter of time before the price comes back to the established trend.
Congratulations on those who took the move at market open, you have been in profit and will continue to be in profit until the Low on the bigger timeframe is completed.
#patience
I noticed that the M1 has made a series of new lows and they have all been confirmed so far by LL's below each new break line...That is a clear sign that the bears are getting stronger as this move progresses.
Between 3:10 am and 3:26 am there was a quick series of consolidation moves (Signaled by direct breaks to the high to low and then back to the high) on the M1 time frame, however these all happened below the last M1 break line.
What am I expecting for today?
1. The new bearish trend is still in it's early stages and will only get stronger as
the week matures.
2. Take note of the consolidation that is usually associated with the first two
days of the week NAS100.
3. Continue to monitor the market for clues it gives regarding the stage the move
is in and cover your profits once you get them.
I will continue to exercise patience as the move develops knowing that although my entry on Friday was 4 hours early, it will only be a matter of time before the price comes back to the established trend.
Congratulations on those who took the move at market open, you have been in profit and will continue to be in profit until the Low on the bigger timeframe is completed.
Trade active:
Based on what I am seeing so far this week in the markets, it is consistent with the analysis done for the week, however I still want to be cautious and not make any impulsive moves.
Right now the LH that is registered on the H1 Oanda chart was the last remaining type of high that was needed (M45 on the vantage chart) and so as we get closer to the market open, I still seeing the potential for more bearish activity.
As I mentioned before, I am trading the LH's to LL's on all timeframes lower than the Daily (possible monthly...but we will get to that later)
So the plan that is shaping up this week is to continue trading the LH's to LL's until we get that new low confirmation on the Daily.
This week let us all work together and stop the name calling, people bashing and just be patient and trade what the market gives.
Last week, I saw my mistake and did not panic...make sure when you see your mistakes you acknowledge them and learn from them...that is how we can grow as traders.
Remember patience does not cost anything, however the reward it brings is priceless.
#patience
Right now the LH that is registered on the H1 Oanda chart was the last remaining type of high that was needed (M45 on the vantage chart) and so as we get closer to the market open, I still seeing the potential for more bearish activity.
As I mentioned before, I am trading the LH's to LL's on all timeframes lower than the Daily (possible monthly...but we will get to that later)
So the plan that is shaping up this week is to continue trading the LH's to LL's until we get that new low confirmation on the Daily.
This week let us all work together and stop the name calling, people bashing and just be patient and trade what the market gives.
Last week, I saw my mistake and did not panic...make sure when you see your mistakes you acknowledge them and learn from them...that is how we can grow as traders.
Remember patience does not cost anything, however the reward it brings is priceless.
#patience
Trade closed manually:
Didn't quite go as planned...
will update on bullish position soon
will update on bullish position soon
Be the exception...not the rule.
Every single time that I have lost a trade it has had to do with exercising a lack of patience.
If a took a buy and lost...it means I was not patient enough to wait for the sell to be over so that I could buy.
If i took a sell and lost...It means I was not patient enough to wait for the buy to be over so that I could sell.
Last week, I had the perfect setup for the buy from the Thursday before...I got out midweek when it hit my revised TP...I made out good nevertheless. Although the market kept buying and there were many opportunities to get back in...they did not line up with my requirements and so I stayed out of the market and I have been out ever since.
I am learning the importance of having a solid strategy and sticking to it...even if it means you staying out of the market for a week.
One thing is sure...I know the strategy works for entry and while I have been out of the market during the buy, it gave me a chance to evaluate a few conditions:
1. The clues on the different timeframes that I could have used to stay for the
entire move.
2. What other valid signs I could have used for re-entry
So although I didn't trade...I still have valuable data that will enable me to do better next time.
Learning never stops
There is no magic wand
nothing beats chart time
Proper analysis is the key to being patient
Knowing what you are waiting for makes you more patient
I hope that this little bit of my personal experience will help someone to improve on their experience.
So as of right now...I am still awaiting my sell limit to be hit so that my sell can be activated.
no setup = no trade
#patience
#aubersystem
#auberstrategy
#whywewait
Don't speculate...Evaluate