NAS100...Ever The Bullish Instrument Part 3

28 Okt

This week we are back in our favorite consolidation Zone...Right above the 78%.

As you should have seen by now even with last week's sell off, the price only created a new HL on the daily timeframe before shooting right back above the previous HH set on October 14.

This confirms my bullish bias, that although the market is consolidating, the moves still favor the bulls as the trend is always your friend.

This type of movement however, does create opportunities for sellers also as you would have seen from last week's move, however they should be traded only with the proper experience.

If you are not comfortable identifying the start and end of a bearish retracement, your best bet is to wait for your largest HL and keep buying the trend for the HL's to the HH's.

For this week:

1. Continue trading the HL's to the HH's
2. Continue to learn the correct keys for the certification moves for more swing trade entries.
3. Remember Mondays, Tuesdays, and sometimes Wednesdays are the days the market takes to
Create it's upper and lower zones and Thursdays to Friday's complete the current trend
moves.

Have a great week.

#auberstrategy
#aubersystem
#whywewait
#zigzagtheory
#patience
#masteryourcraft.

28 Okt

Trade aktif

Today's largest move during the daily trading session was generated by a retracement M30 LH and ended on a H2 HL.

For me this move was worth only 28%...a small retracement cautious move with an entry of 20,507.42 and an exit of 20,436.47...This was the necessary retracement to set up only the H2 HL.

What this short move confirmed for me that the market is currently in consolidation mode and my trading entries will be short and precise.

A note to traders...I am always bullish on the master trend and there will be opportunities for retracements, however please note that since retracements are not the trend moves, I am less inclined to state my entry positions as they are risky moves and the entry and exit points must me extremely precise.

My next buy entry was taken today (a bit early but towards the trend)...from the H2 HL signaled at 1:00pm.

Since this is the consolidation and retracement phase of the weekly cycle, I am taking profits at the consolidation points that are provided by the market.

Happy trading...see you next time.

#auberstrategy
#aubersystem
#whywewait
#patience
#zigzagtheory

I am currently in a buy with the following points:

1. Entry 20,433.40
2. TP based on the either my consolidation highs or break point highs.

29 Okt

Trade aktif

More buying opportunities presented themselves overnight with the introduction of another HL on the H4.

This move has already been certified from yesterday's session for me and so I trade it with more confidence as I stick with the trend of HL's to HH's.

What am I looking for today?

1. Any interrruption in the upward structure with a confirmed and certified LH will cause me
to TP and wait for the next round of bullish certifications.

2. Solid breaks of previous LH's to strengthen the trend continuation.

In any event, the trend is still my friend and I continue to patiently wait for my setups to play out.

Have a great trading day.

#auberstrategy
#aubersystem
#whywewait
#zigzagtheory
#patience

29 Okt

Trade aktif

Today's move was a perfect trend move as we saw the H4/H5 complete a certified buy from a HL to another HH.

While the price is still consolidating in the upper levels of the 78% retracement zone, it broke a minor structure to create today's HH.

Today's High pushed it less than 2,000 pips away from the ATH...

One thing is for sure and that is the fact that the ATH will be broken at some point in time...That is inevitable, however, I will not be rushing my trades, just taking what the market certifies and gives on a daily basis.

As I have been mentioning, during consolidation periods, the safest and most guaranteed trade is the trend move...it never fails.

Sells are valid only when the current move is over...(95% of traders are not patient enough to even take trend moves and so they will continue loose while anticipating and chasing the sells that do not exist when they first enter their trades.)

Today's move was worth +57.71% bringing the total weekly gains to 102.43% in two days...

Why am I sharing this?

1. Just to let you understand that when you spend time and work on your strategy it pays
dividends

2. You do not need to be over trading and taking several moves per day in order to achieve
success

3. Spend time mastering your craft instead of trying to prove how right you are.

4. Learn from your losses and use them to improve your strategy

5. Never try to discredit what you do not understand...try to learn as much as you can.

6. Understand that it took 4 years of me developing my own strategy and me being now
confident to put it up against any scrutiny as I have solid results to prove it.

I mentioned a few weeks ago:

In order to be a profitable and successful trader... you have to learn how to consistently win and you also have to learn how to consistently loose...

The reason why it makes sense to learn how to consistently loose is that you cannot correct what you do not understand...when you know why you loose, you can easily fix it...so consistency in anything is key.

What is on the menu for today's trade?

1. wait for my next HL setup to trade to the new ATH

2. Staying out of the markets now since the market is currently trading at last session highs.

Happy Trading

#auberstrategy
#aubersystem
#consistencey
#patience
#whywewait
#zigzagtheory

30 Okt

Trade aktif

Today will be the last full day of the month and that means the monthly candle will end...Here are a couple of scenarios that can take place:

1. A giant push to overcome the nagging consolidation above the 78% to generate another ATH

2. Utilization of the activated retracement mode to setup another HL for an even greater
push towards creating another ATH.

Overnight I observed that the confirmations were strengthened towards the run towards breaking the ATH

However since taking profit yesterday, my attention is towards waiting for another certified move towards the ultimate TP and also breaking the resistance level at the previous ATH.

Currently retracement mode has been activated...whether the market will take full advantage of that window remains to be seen, however there will be come sort of correction to facilitate another HL.

One thing is certain whatever sells are presented will be short-lived and will not indicate a sustained trend reversal...but a retracement to set up the next HL...Again I will caution those people who somehow have a sell bias stuck in their brains to exercise extreme caution as you will be the source of payment towards the bulls that have patient and consistent.

Stay away from sells if you do not currently understand how to trade a short-term retracement and simply wait for your next largest HL and buy towards the historical trend.

What am I looking for today?

1. For starters...I am waiting for the market to signal how much of a retracement we will get
and the level at which the continuation will start.

2. Active timeframes that will provide a certified HL to continue the trend move of HL to HH.

3. Final breaks of the upper 78% consolidation zone to indicate a renewed effort to continue
the historical HL to HH trend on the weekly.

At this point NAS100 has repeated confirmed it's overall bullish bias and provided solid clues as to how the moves will play out.

As I trader, my goal is to capitalize on those clues and simply trade the trend in order to be successful.

Have a great trading day and remember:

1. practice, practice, practice

2. Stop using your real money to experiment and utilize your demo accounts (if you cannot
make money on a demo account, you will never become consistent on a real account)

3. Do not be afraid to make mistakes...that is the currency for learning

4. Journal every single entry you take and evaluate your successes and failures

5. Be consistent in winning and losing...remember when you understand why you loose it will
be easy to stay away from those mistakes and continue doing the things that will allow you
to consistently win.

6. Remember this is a marathon and not a sprint...give yourself 3 - 4 years to develop your
craft...there is more than enough money traded every day...just on the 28th of October
the NASDAQ traded $241,832,480,591

So today, practice patience
Stop trying to trade against the trend
and most of all be consistent.

Happy trading day.

#auberstrategy
#aubersystem
#whywewait
#zigzagtheory
#patience
#consistency
#masteryourcraft

31 Okt

Trade aktif

Today's move consisted of a retracement sell which I did not take as I was more interested in the trend buys and so I waited out the day until the price got to 20379.67 where I entered my buy position.

The retracement continued to complete the H1 Low H12 HL, however since it is a trend move, I will continue to hold to my HH's.

Price is still trading in the 78% consolidation zone and for that reason, I am doing only the safe trades which are the trend moves...HL's to HH's.

There is no rush to specify a TP since this is the trend on an historically bullish instrument and so the moves are HL's to HH's and they will continue to proceed that way.

Happy Trading...

#auberstrategy
#aubersystem
#whywewait
#zigzagtheory
#patience

31 Okt

Catatan

Had a chance to pick up another buy entry at 20193.46...

The H23 already has signaled a HL, however the H12 to the H19 have yet to register.

That could present a number of scenarios.

1. Increased volatility as the H23 can buy up rapidly and
cancel out it's earlier signal by breaking the previous
High set on Tuesday.

2. Consolidation and confirmation by a retest and
completing the rest of lows required to complete the
suite of HL's being formed.

In any event increased trend entries provide additional opportunity to catch the trend and great TP opportunites to continue scaling up my account and also to evaluate if this move will hold through to the ATH.



Best of luck today.

#auberstrategy
#aubersystem
#whywewait
#patience
#zigzagtheory

1 Nov

Trade aktif

Now that the yesterday's volatility and chatter has cooled...it is now time to continue trading the plan.

Yesterday brough 2 additional buy entries from the daily Low (essential a HL or a new low higher than the previous new Low)

The first one at 19972.85
The second one at 19,91.94 both of which are comfortably in profit that I can choose to take by the time the news breaks and additional volatility is created if my active timeframe registers a LH.

What this does is that it gives me additional capital to:

1. Bolster a previously held trade that is in the red
2. Or take the profits and scale up on the next buy entry.

Once you have done this a while, your account will get to a level where you can use a much larger lot size without affecting your capital, because at this point, your new trades are based solely on profits.

An example of this would be:
let's say yesterday's both trades were entered with a 4 Lot size each and a total margin of $79,950 (risking only 1-5% of my account)

Both of those trades currently would be in profit based on the current price of over $40,000.

I can now take 50% of that profit as my profit and leave the additional $20,000 as equity to bolster my current trade that is in the red.

Oh this did not even factor in applying the same method when yesterday's M45 registered and order block just before 9:30...(Wonk Wonk)

It is all about working on and developing a strategy that matches your own trading style instead of trying to copy something that has been created based on another persons comfort level and experience.

Use the information that is presented and develop your trading plan and you will see results...guaranteed.

Have a great trading day

#oneauberstrategy

#auberstrategy
#aubersystem
#whywewait
#zigzagtheory
#patience