This week we begin with the NAS100 coming from another all time high (ATH) and the larger timeframes continuing to make HL's HH's consistent with the trend.
As you have heard me say consistently...the market cannot continue buying from a High, there has to be a level of support attained in order for it to continue.
The market likes to take Mondays, Tuesday's and sometimes Wednesdays to find it's range and complete its retracements before continuing in trend and last week we saw just that happening with the major trend move of over 7000pips that started late Wednesday after it completed a nice retracement move of over 4000 pips coming from Monday's LH.
What this means for this week?
1. I am presently bearish until the retracement is over.
2. Taking confirmed sell opportunities to complete HL's on my bigger timeframes
3. Taking my trend buys from completed HL's (around mid week) to finish with another ATH.
Please note that while this is my preference, the market may take longer to complete this process and so I will continue to take the confirmed sells or buys as they come along.
Please see link looking at retracement levels should the retracement continue as normal for the upcoming week.
The Zig Zag theory has been and will continue to be my guide as I will only take buys from LOWs and Sells from HIGHs.
Please note that Zig & Zag points can come earlier, however whether later or later, they will come and so it is important to take them once you have confirm activity on all your related timeframes.
All my moves are taken from my biggest active timeframes and they must be in the proper position...this means if I am taking a sell and my H2 is at a LOW, I must wait for a type of HIGH before continuing to sell.
The complete moves are LOWS to HIGHS (Trend) and HL's to HH's (Trend)
Highs to LOWs (retracements) or HH's to HLs (Retracements)
I repeat, all moves must originate with the instructions of the largest timeframes and fulfilled by your largest smaller timeframes.
Remember it takes constant practice
Trade what you see
Have patience
Never stop learning.
#auberstrategy
#aubersystem
#zigzagtheory
#patience
Happy Trading...
As you have heard me say consistently...the market cannot continue buying from a High, there has to be a level of support attained in order for it to continue.
The market likes to take Mondays, Tuesday's and sometimes Wednesdays to find it's range and complete its retracements before continuing in trend and last week we saw just that happening with the major trend move of over 7000pips that started late Wednesday after it completed a nice retracement move of over 4000 pips coming from Monday's LH.
What this means for this week?
1. I am presently bearish until the retracement is over.
2. Taking confirmed sell opportunities to complete HL's on my bigger timeframes
3. Taking my trend buys from completed HL's (around mid week) to finish with another ATH.
Please note that while this is my preference, the market may take longer to complete this process and so I will continue to take the confirmed sells or buys as they come along.
Please see link looking at retracement levels should the retracement continue as normal for the upcoming week.
The Zig Zag theory has been and will continue to be my guide as I will only take buys from LOWs and Sells from HIGHs.
Please note that Zig & Zag points can come earlier, however whether later or later, they will come and so it is important to take them once you have confirm activity on all your related timeframes.
All my moves are taken from my biggest active timeframes and they must be in the proper position...this means if I am taking a sell and my H2 is at a LOW, I must wait for a type of HIGH before continuing to sell.
The complete moves are LOWS to HIGHS (Trend) and HL's to HH's (Trend)
Highs to LOWs (retracements) or HH's to HLs (Retracements)
I repeat, all moves must originate with the instructions of the largest timeframes and fulfilled by your largest smaller timeframes.
Remember it takes constant practice
Trade what you see
Have patience
Never stop learning.
#auberstrategy
#aubersystem
#zigzagtheory
#patience
Happy Trading...
Comment:
Weekly analysis video also posted...check profile for link to channel.
Comment:
The real reason why you enter the trades after the shouting is over...
This is meant purely for the purpose of education and should shed some light as to why there is no rush to be first or loud...just to become a consistently better trader.
I have also posted a video showing the steps in how I take my entries that allows me to be patient as I understand how the market moves and the importance of timeframe correlation.
Since I am not a signal service provider, there is no pressure to call for entries and exits…
I repeat…the information I post is to show how I take my trades and to also help you to see the methodology and to practice and develop your own strategies for success.
#auberstrategy
#aubersystem
#zigzagtheory
#patience
#whywewait
#alwayslearning
#alwayssharing
This is meant purely for the purpose of education and should shed some light as to why there is no rush to be first or loud...just to become a consistently better trader.
I have also posted a video showing the steps in how I take my entries that allows me to be patient as I understand how the market moves and the importance of timeframe correlation.
Since I am not a signal service provider, there is no pressure to call for entries and exits…
I repeat…the information I post is to show how I take my trades and to also help you to see the methodology and to practice and develop your own strategies for success.
#auberstrategy
#aubersystem
#zigzagtheory
#patience
#whywewait
#alwayslearning
#alwayssharing
Trade active:
The decision to exit on Friday has been validated as the market is in it's current consolidation and retracement period.
Let me be clear...My bias is always bullish...however the market is in the retracement period and so it must sell to create a HL on the larger timeframes.
I am currently not in a sell as i took my profit at 4:20pm on Friday...however once i get the right setup for a sell I will take another sell to complete the retracement.
Once the HL's are complete...then I will be buying the trend...
When I am trading...I will not provide the usual commentary as it is all focus for me...however I just want to be clear on my trading plan.
No buys until the sells are over with the HL's on the larger timeframes.
In order me to re-enter any sells at this point, there has to be a clear Zig point shown on my hour timeframes...(H1, H2).
Right now it's just sitting and waiting for the perfect sell entry to come.
As always...you sell from your highs and buy from your lows.
Take your profits at your lows and LL's for the sells and wait for another entry.
The H3 and above are still trading at their highs and so during this consolidation period there is not need to force entries, but wait for the perfect ones.
Patience allows you to take the moves the market gives and takes the guesswork out of trading.
Have a great trading week and be sure to review the videos for any clarification for upcoming moves.
#auberstrategy
#aubersystem
#zigzagtheory
#patience
#whywewait
Let me be clear...My bias is always bullish...however the market is in the retracement period and so it must sell to create a HL on the larger timeframes.
I am currently not in a sell as i took my profit at 4:20pm on Friday...however once i get the right setup for a sell I will take another sell to complete the retracement.
Once the HL's are complete...then I will be buying the trend...
When I am trading...I will not provide the usual commentary as it is all focus for me...however I just want to be clear on my trading plan.
No buys until the sells are over with the HL's on the larger timeframes.
In order me to re-enter any sells at this point, there has to be a clear Zig point shown on my hour timeframes...(H1, H2).
Right now it's just sitting and waiting for the perfect sell entry to come.
As always...you sell from your highs and buy from your lows.
Take your profits at your lows and LL's for the sells and wait for another entry.
The H3 and above are still trading at their highs and so during this consolidation period there is not need to force entries, but wait for the perfect ones.
Patience allows you to take the moves the market gives and takes the guesswork out of trading.
Have a great trading week and be sure to review the videos for any clarification for upcoming moves.
#auberstrategy
#aubersystem
#zigzagtheory
#patience
#whywewait
Trade active:
The retracement that started last night, continues into today as the market searches for it's first major zig (LH/High/HH) point on the smaller to medium timeframes.
As usual there is no rush to get in, just wait for the right confirmations once the largest LH is made before taking any more sells.
As of this post the current range for the week is only about 638 pips between the high of 17942.3 and the low of 17876.2.
These limits will continue to be expanded as the sell and buy opportunities will be created.
Remember you trade only what the market gives and so if the highs get retested I'm selling to my Lows.
If the HL's are completed (still early in the week) then it's buying with the trend.
As always:
Wait for your confirmations
No setup = No trade
Be patient
#auberstrategy
#aubersystem
#zigzagtheory
#patience
#whywewait
As usual there is no rush to get in, just wait for the right confirmations once the largest LH is made before taking any more sells.
As of this post the current range for the week is only about 638 pips between the high of 17942.3 and the low of 17876.2.
These limits will continue to be expanded as the sell and buy opportunities will be created.
Remember you trade only what the market gives and so if the highs get retested I'm selling to my Lows.
If the HL's are completed (still early in the week) then it's buying with the trend.
As always:
Wait for your confirmations
No setup = No trade
Be patient
#auberstrategy
#aubersystem
#zigzagtheory
#patience
#whywewait
Trade active:
The first H1 zig (type of high) of the week has just been signaled, however there is no rush for me to enter my sells until I get confirmations on my lower timeframes.
please review the video entitled; "why it pays to wait" to see how I arrive at the correct entry points and also to see a safer point for more cautious traders.
Also it will be useful to wait to see what the remaining timeframe that is out of place does (the H2) as it currently sits at a HL from Friday.
As usual, there is no rush to be first...
We just need that quality setup...
Congratulations to the patient...
You will not get a signal from me when to go in, however I guided you to the retracement points and what to look for, now it is on you to look for the clues on the lower timeframes for the correct entry.
Please:
1. Do not overleverage
2. Exercise patience
#auberstrategy
#aubersystem
#zigzagtheory
#whywewait
please review the video entitled; "why it pays to wait" to see how I arrive at the correct entry points and also to see a safer point for more cautious traders.
Also it will be useful to wait to see what the remaining timeframe that is out of place does (the H2) as it currently sits at a HL from Friday.
As usual, there is no rush to be first...
We just need that quality setup...
Congratulations to the patient...
You will not get a signal from me when to go in, however I guided you to the retracement points and what to look for, now it is on you to look for the clues on the lower timeframes for the correct entry.
Please:
1. Do not overleverage
2. Exercise patience
#auberstrategy
#aubersystem
#zigzagtheory
#whywewait
Trade active:
Today was typical for a Monday on NAS100 as it did the usual consolidation moves that I have come to expect in the early portion of the week.
That meant that I had to be extra patient as I waited for the retracement that started from Friday's close to create the LH points required for entry.
Now that I am in the trade, it will just be a matter of monitoring the Lows created on the medium to bigger timeframes to determine when the retracement will be over.
I have adjusted my TP points based on my Fibs...please note that at any time, I can manually close if targets are reached and I am satisfied with the profits.
The current situation shows the H2 needing to form a segmented LOW to correlate with the H3 timeframe which already signaled the HL last night...Once the timeframes correlate, then the buying will resume.
The aim of the game is to continue to be patient and wait for the correct entries...remember that the market is coming from an ATH created on Friday and as such, the required Zag (LOW, HL or LL) points will have to be formed before buying resumes.
For more information and explanation videos, feel free to visit my tradingview profile and click on the youtube link.
As always:
Be patient
Trade what you see
Do your own analysis
#auberstrategy
#aubersystem
#zigzagtheory
#whywewait
That meant that I had to be extra patient as I waited for the retracement that started from Friday's close to create the LH points required for entry.
Now that I am in the trade, it will just be a matter of monitoring the Lows created on the medium to bigger timeframes to determine when the retracement will be over.
I have adjusted my TP points based on my Fibs...please note that at any time, I can manually close if targets are reached and I am satisfied with the profits.
The current situation shows the H2 needing to form a segmented LOW to correlate with the H3 timeframe which already signaled the HL last night...Once the timeframes correlate, then the buying will resume.
The aim of the game is to continue to be patient and wait for the correct entries...remember that the market is coming from an ATH created on Friday and as such, the required Zag (LOW, HL or LL) points will have to be formed before buying resumes.
For more information and explanation videos, feel free to visit my tradingview profile and click on the youtube link.
As always:
Be patient
Trade what you see
Do your own analysis
#auberstrategy
#aubersystem
#zigzagtheory
#whywewait
Trade active:
As mentioned previously, retracement and consolidation trades require the most amount of patience and will require in-depth analysis.
One thing I will say in order to do proper analysis, you must resist the urge to make analytical calls from your smaller timeframes.
Today is only Tuesday and we are still in the retracement window...All time frames are coming from ATH's and so, the HL will need to be created before another high point is created.
So what do I do?
1. Wait for the HL to be created
2. Trade the retracement to the HL on the biggest timeframe.
If you choose option 2, this will require a precise strategy to identify when the market ends it's retracement and starts with it's trend move.
As a guide, just remember, the price cannot create a HH unless it creates a HL first.
Your biggest timeframe sets the direction, and your smaller timeframe executes the trades.
If you are selling, be patient and watch for the rejection points and ensure that your candles and timeframes have expired.
If you are wanting to buy, be patient...it's only Tuesday.
Also remember the monthly candle expires in 2 days.
#auberstrategy
#aubersystem
#whywewait
#zigzagtheory
#patience
One thing I will say in order to do proper analysis, you must resist the urge to make analytical calls from your smaller timeframes.
Today is only Tuesday and we are still in the retracement window...All time frames are coming from ATH's and so, the HL will need to be created before another high point is created.
So what do I do?
1. Wait for the HL to be created
2. Trade the retracement to the HL on the biggest timeframe.
If you choose option 2, this will require a precise strategy to identify when the market ends it's retracement and starts with it's trend move.
As a guide, just remember, the price cannot create a HH unless it creates a HL first.
Your biggest timeframe sets the direction, and your smaller timeframe executes the trades.
If you are selling, be patient and watch for the rejection points and ensure that your candles and timeframes have expired.
If you are wanting to buy, be patient...it's only Tuesday.
Also remember the monthly candle expires in 2 days.
#auberstrategy
#aubersystem
#whywewait
#zigzagtheory
#patience
Trade closed manually:
Manually took TP just before 8:30am.
New Bias is now towards the buys.
New Bias is now towards the buys.
Be the exception...not the rule.