dellaroccacaribla

NAS100...Bull Run Reset (Retracement Bearish)

Short
OANDA:NAS100USD   US Nas 100
Last week we saw the completing of another trend move on the NAS100 where the market completed another HL and went on to complete the required HH.

As I have mentioned in previous posts, the NAS100 instrument has been an historically Bullish instrument since it's inception and that makes it easier to trade as all you have to do is the wail for the HL's to form in order to buy and the HH's to be completed in order to sell.

This is once such time where all the timeframes have recorded another historical high on Friday and as such there will be a retracement taking place in order to setup the next HL.

What does this mean?

My current bias is now going to be bearish...not for the long run, but for the retracement period.

So I will be selling until my HL is achieved.

As always:

Trade smartly
Exercise Patience
Trade what you see
No Setup = No Trade

#aubersystem
#auberstrategy
#whywewait
#patience
Trade active:
Now that we are approximately 1 hour into the market open for the week, I am starting to notice the market giving signs for perfect execution of the analyzed moves for the week.

Since the market is coming from it's historical highs, it will be the obvious trades to take the LH's to the LL's on the smaller timeframes until the largest timeframe requiring a HL produces it this week.

What am I doing right now?

Well, I have not entered my first trade for the week as yet as I am waiting for a reset of the M15 with either a LH or a HH so that all timeframes will be at the Zig (Buy) position so that I can sell.

The key as always is to be patient
Trust your analysis
Trade what you see
Trade smartly
Manage your risk

Lets have a spectacular week.

#aubersystem
#auberstrategy
#whywewait
#patience
#zigzagtheory

No setup = No trade

Trade active:
With the first sell opportunity of the week confirmed, now it's a matter of patience to see the move through till the end.

Please remember that NAS100 is an historically bullish instrument and so always keep in your mind any sells that you take are only to fulfill HL's on your bigger timeframes...Please do not get trapped by this.

The rule of the game is always to trade smartly...
Have a clear action plan...
Have a clearly defined exit strategy...
Pay attention to the LOWs being made on the bigger timeframes...
Exercise patience...

#auberstrategy
#aubersystem
#whywewait
#zigzagtheory

No Setup = No Trade

Trade active:
What a great way to start the week!

The analysis played true to form and formed a LH on the M45 and then on H2 providing two sell opportunities...hopefully you all were able to capitalized on them.

What I am looking at now is the current sell which came as a result of the 2nd LH on the H2...

The market is currently still in the retracement mode as the HL's on the bigger timeframes have not yet been formed and so it will make another go at it.

Make sure you manage your risk, cover your profits and be patient for your Highs for the sells.

Nothing much to report on however, if you have not yet seen this week's analysis, make sure to check the tradingview youtube link in my profile.

Have a restful night.

#patience
#aubersystem
#auberstrategy
Trade active:
Overnight the market just pushed the historical high to a new point of 17686.4.

If you are thinking of buying (which you should when the time is right) you want to wait for the correct setup.

The market is still in retracing mode especially coming from this new high point.

#auberstrategy
#aubersystem
#patience
#whywewait
#zigzagtheory

Comment:
Today as we see the trades playing out again...

I want to remind you to cover your profits...

Do not give back what you have worked hard for.

Also bear in mind that although the sells are strong, always be mindful that you are trading a bullish instrument and the sells are always retracements to form higher timeframe HL's

Let's make today another stunning day.

Remember the market only does two things every single day:

1. It makes a High
2. It makes a low

Just wait for the right opportunity and you will be ok.

Practice analyzing on your biggest active timeframe and then use your lower timeframes to execute.

If you need more help, visit my profile page and check out some videos I have posted to youtube on various elements of this strategy...

#auberstrategy
#aubersystem
#zigzagtheory
#whywewait
#patience

No setup = No trade
Trade active:
There is an important point that I forgot to mention in my earlier post.

Yesterday we saw that the Fib retracement came to the 38% and bounced to make another HH right at the 0%

Today, it's trying again and this time if the 38% is broken, you can expect a continuation to at least the 61.8% and possibly beyond as long as the market maintains it's momentum.

Make sure you are fluid just like the market so that you can adjust to moving conditions as the trading day advances.

Don't rush your exits...

Remember if you come in on a type of high...you exit on a type of low...Ziz Zag all the way.

#auberstrategy
#aubersystem
#whywewait
#patience

Trade active:
Although the market is in a consolidated state...there were still moves to be had.

Today's sell entry came courtesy of the All time High (ATH) however, it only managed a HL on the H2 just shy of the 38% Fib retracement line.

I was able to take a part of the buy for the trend and exited before market close.

What's next?

Since the market is consolidating, there is no rush if trying to guess moves, instead I will wait for London session to see how the highs and lows are positioned and take a retracement sell entry or a trend move buy entry.

Get some rest guys...

#auberstrategy
#aubersystem
#whywewait
#zigzagtheory

Trade active:
This week more than ever, I am reminded of why I need to be patient and wait for the right setup.

I mentioned before that my bias this week would be bearish and that still remains the case. However, please note that in a bullish market, the bearish move will not come without a fight and I see that playing out this week.

In order for me to commit fully to the buy the HL's need to be first completed so that I can buy with ease towards the HH's.

This week has been filled with consolidation on the lower timeframes, however it still provides a treasure trove of moves of buys and sells that are quick and short and loaded with pips.

What does this mean for today?

Well at market close, the market was and still is showing it's intent to complete another trend move created by an H2 HL, however like we have seen on Monday and Tuesday, consolidation will prevent a freeflow buy or sell from happening and so I must be patient and trade what the market gives.

My entry today is going to be based on what the market gives and as of right now, I am closer to my next buy than I am to a sell...I am just wait for the completion of my HL or Low.

The fib retracement currently consolidating between Friday's low (50%) and yesterday's high and is current resting on the 23% line after facing two rejections at the 38% line.

A quick glance at the ADX (which I only use to confirm what I am seeing) also shows clear consolidation between the 25 & 20 levels without any clear indication of trend.



As always...trade what you see
Exercise patience
No setup = No trade

#auberstrategy
#aubersystem
#zigzagtheory
#patience
#whywewait

Trade active:
Today we saw the completion of another HH from a H2 HH.

What that means is that all timeframes now share the highest point and the market sells and retraces from it's highest point.

Please note that this historically bullish market is always buying and so you will need to exit the sell at your biggest HL.

Once the lows are completed, then the buys will resume.

As usual exercise patience when taking buys and sells.

As for now...enjoy the sell and watch for your largest HL's

#auberstrategy
#aubersystem
#zigzagtheory
#patience
Trade active:
Since making another historical high yesterday at at 10:00am EST, we see that there is a flat line consolidation taking place just above the historical high for the past 15 hours and counting.

These consolidations require patience before the trade continues to complete it's current move.

The thing to always note is that all timeframes are trading from their all time highs and as such, retracements will be in play to at least a HL as the price cannot continue to buy from the highest point and so, waiting will be a key ingredient in the success of this move.

I will be holding my sells until I get a HL on my largest active timeframe today before considering another trend buy.

Until then:

Please manage your risk
Exercise patience

No setup = No trade

#auberstrategy
#aubersystem
#zigzagtheory
#patience
#whywewait

Trade active:
This is an example of what I mean when I say the price cannot buy from the highest point before first making a retracement.

The highlighted text box shows my entry yesterday...

The market has been consolidating for over 15 hours...

I now must wait for another HL or a Low if I am using the H2 timeframe...

However, since all timeframes above are still coming from Highs and HH's then I have to be patient to see which one will register a HL...

If it is only the H2 that does this, then I take my profit and buy again to another HH.

check out my videos in my tradingview profile's youtube page for help developing your own personal strategy.

#aubersystem
#auberstrategy
#zigzagtheory
#patience

Trade active:
So yesterday I ignored the Zag point created on the H1 which was an indication of the trend being maintained...

Not to panic:

It did what it was supposed to do and made a Zig point which was another all time high...

All I have to do now is to wait for another Zag and that will determine whether I TP or trade a continuation.

Manage your risk


#patience
#auberstrategy
#aubersystem
Trade active:
I just wanted to do this visual to explain what I did wrong last week and to clarify any misconceptions about the Zig Zag theory not working.

1. When the market makes a Zig
it must make a Zag (no
exceptions)

2. You will see where my entry
was on Wednesday at 17771.6
(A Zig point).

3. On Thursday at 8:00am the
market did make a Zag point
at 177748.4...(500 pips in
profit)

4. I did not exit as I should
because I wanted more out of
the move and thought it was
too short of a move and so I
incorrectly waited.

5. What I now have to do is to
just wait for another Zag
point which will come...I will
collect my equity at the Zag
point and continue with the
trade for this week.

6. The lesson reinforced in this is
I took a retracement trade
and got hypnotized by the
market and did not take my
required exit as I was being
greedy...now I am forced to
wait for the price to come
back.

I will post an additional video this week detailing this narrative so you can have a visual.

So for this week:

1. I have to pay more attention
to any retracement trades I
take and watch for my Zag
points.

2. Always remember that my Zig
trades are the most important
trades.

Trade active:
Now that we have our Zag points starting to form...

I will not be making the mistake again this week by missing the Zag point exit...it's now time to turn our attention to the completion of the retracement moves and start looking towards the trend moves again.

Remember the sells are only retracements to setup the HL's on bigger timeframes.

#auberstrategy
#aubersystem
#zigzagtheory
#patience
#whywewait
Trade active:
Strong bearish pressure still in play...

Another Zag point will be created by the H1.

Comment:
Hold that thought...

wait before committing to the sell

Be the exception...not the rule.
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