NAS100...Bullish Main Course..."Beerish Appetizers"

31 Ara 2023

With the history made in 2023 with the highest point in history for the NAS100, many will ask what is next?

Well one thing I have learnt in 2023 is that you should never speculate or anticipate the next move of the market, instead trade what it gives and wait patiently for the market to reveal itself.

With that being said, there is no question that the market is making HL's & HH's. This creates the ideal setup for success.

The main move is the buy, however you have to factor in the retracements and so I am currently trading the retracement to get my buy setup.

My bias overall is still bullish...the market is currently retracing and the last trading day of 2023 registered a HL on the H11 chart.

This does not mean that the move is over and that I should start buying right away, instead you must wait for the sell move to be over before starting to buy again.

As always trade what you see.

#aubersystem
#auberstrategy

2 Oca 2024

İşlem aktif

Since market opening, I have observed typical "start of week" activity for NAS100 in that it consolidates between the last high and low of the previous session before continuing on with the current trend move.

So I noticed that a final rejection occurred at 3:00am this morning signaling a continuation for the current sell as the market continues to complete the HL signaled on last Friday's 11 hour HL that has yet to be retested.

I am still currently selling towards those required HL's that once they are finished will place the market back in trend to continue the HL's HH's on the bigger timeframes.

As always trade what you see.

#aubersystem
#auberstrategy

2 Oca 2024

İşlem aktif

Just an update on my end:

At 6:00 am the 13 hour candle signaled it's own HL which means that the price has pushed down more since Friday's close.

This now means that more of the larger timeframe candles are joining the bearish move in order to create their own HL's to maintain the overall bullish move on the monthly candle.

The current H13 candle will finish at 5:00pm today and so if my target is reached by 3:00pm today, I will take profit and wait for the next setup.

#aubersystem
#auberstrategy

3 Oca 2024

İşlem aktif

Closed my first trade of 2024 today after my TP of 16550.8 was hit.

The daily signaled a HL today, however confirmations are needed before committing to any buys as there are more sells with the right setup left in the bearish move...patience will be key.

The next move for me will be based on the following:

1. A high or LH forming on the H1 above 16585.8 with needed confirmations on
the lower timeframes will signal another sell for me

2. An overbought High or HH on the M30 or M45 above the 16585.8 mark with
needed confirmations on the lower timeframes will signal another sell for me.

As usual trade what you see

No setup = no trade

#auberstrategy
#aubersystem

3 Oca 2024

İşlem aktif

Since hitting the TP target yesterday at 11:00am...price has not really done anything significant as it continues to consolidate without leaving a clear high or low point on the H1...that is even more reason mor me to wait for another setup.

I did notice however that the M45 has given two consolidation confirmation points in the form of a LH and now has signaled a HL which could be indicating that the market wants to create that LH on the H1.

This would be good news as that LH would be formed outside of my current buy zone and would provide another opportunity to sell again and this time going deeper in my buy zone to break yesterday's LOW.

So for right now, I will continue to observe as I wait for price to reveal it's next move.

#auberstrategy
#aubersystem

4 Oca 2024

İşlem aktif

Yesterday I didn't receive my H1 LH and so I did not trade.

Today however, the H1 LH was first signaled at 2:00am and now it is just a matter to time for me to get my confirmations before selling to complete the required lows and HL's on my bigger timeframes.

#patience
#aubersystem
#auberstrategy

5 Oca 2024

İşlem aktif

So far this year, the market has been selling to create the needed HL's before continuing with the trend move on the higher timeframes.

This is why although I am still bullish, I have traded the retracement needed to fulfill the HL's.

Currently, the day is sitting at a HL and with the first semi-trading week about to come to a close, there is currently no indication right now of a turnaround as yet.

I will just continue to do what works and that is to wait for my retracements to complete the lower timeframes LL's until the market gives the buy all clear signal.

As always:

trade what you see
no setup = no trade
#patience
#auberstrategy
#aubersystem

7 Oca 2024

İşlem aktif

I am still short as I continue to take my sell opportunities until it's time for the market to buy again.

While NAS100 is a bullish market, you have to understand that in order for it to continue buying, there has to be a period of retracement and that is what we are currently seeing playing out right now.

No more buys for me until the retracement has been completed.

you will notice that price also broke the H1 support line at 16585.8 which is a clear sign that the retracement is still active.

So this week, I continue to trade my LH's to my LL's until the retracement has been completed on the higher timeframes.

Trade what you see
no setup = no trade
#auberstrategy
#aubersystem

7 Oca 2024

Not

Be sure to check out the video link in my profile to see an expanded trading view analysis for the upcoming week.

7 Oca 2024

İşlem aktif

Now that the market has opened it is evident that the downward trend will continue as the week progresses.

This is usually the consolidation period of the trading day and also for the trading week and so I am not expecting much of a push until the M30 registers a LH.

In any event my entry from Friday is still in play and so I will continue to exercise patience while it plays out.

As usual:

Please do your analysis
exercise patience
No setup = No trade

#auberstrategy
#aubersystem
#whywewait

8 Oca 2024

İşlem aktif

It didn't take long for the M30 LH to be signaled and the period of consolidation to get underway before the market started to shape up for the start of the continued descent.

While relatively slow, the market continue the downward movement through Asian session and the beginning of the London session.

Since this is the current trend move towards the Higher timeframes HL/LOW I will continue to hold my current bearish position until, I see signs of rejection at a support line.

Currently the H1 has broken and confirmed this break from last week and now we continue to look at the upcoming timeframes such as the H2, H3, & most importantly, the H4.

As usual:
Trade what you see
No setup = no trade
#patience
#auberstrategy
#aubersystem
#whywewait

10 Oca 2024

İşlem elle kapatılmış

So sorry I forgot to update this post...

trade was closed manually when H2 failed to make the LL on Monday