Today...at exactly 5:00 am we saw the official end of the Bearish run that has dominated the NAS100 H4 and H1 trends since Thursday October 12.
This marks the beginning of the end for the Bears.
The H4 completed the low and as you will see the H1 made a series of LH/LL until this LOW was completed.
We will now turn our attention to a Bullish bias which will begin with the end of the H4 candle on the vantage chart at 6:00am.
You must monitor your timeframes on the various charts to ensure you have the right entry and will caution you that although the Bias is now bullish, it does not necessarily mean that proper analysis stops.
You still must now take responsible entries, however, the focus will now shift to HL/HH until the H4 creates it's High.
Also remember that the day is currently making LH/LL and you may want to closely watch your lower timeframes for that critical break in structure that will show you when the time is right to start committing to your buys.
As usual I will outline...that I am not a signal service...I just analyze the moves as I see them, and you must still do your own analysis to take your trades based on your own trading plan.
Blessings on your trades this week.
no setup = no trade trade what you see Don't estimate...Evaluate
#auberstrategy #aubersystem #whywewait #patience
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First trade of the week = 3000 pips...
see review video on youtube "Auber forex Strategies"
As mentioned in my weekly analysis video, I would shift my bias to a bullish bias once the H4 completed it's Low. This happened at 5:00am this morning and as you would have noticed...the price has been buying ever since.
We are sill awaiting the final confirmation for the larger timeframes, however so far the only timeframe that has consistently made HL/HH's was the one minute in today's session before entering another retracement phase on the M15 to setup it's first HL of the trend.
Once all the timeframes get into their rhythm you will start to see the process flow more smoothly as we approach the middle and the end of the week.
The current H1 Trend is still bullish and will continue to be so until the High is completed on the H4.
As always:
Trade what you see Manage your risk Evaluate...Do not estimate
#auberstrategy #aubersystem #patience #whywewait
no setup = no trade
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Market is doing exactly as was stated in the weekly analysis....
HL/HH on smaller timeframe until H4 registers it's HIGH.
So the bias remains bullish taking the HL's to HH's until that mark is reached when the market will be bearish again.
As always it is a game of patience and not chasing the price around, instead, you wait for the market to come to you and then you execute your trades effectively.
Do not anticipate the next move of the market, allow it to reveal itself and then you capitalize on the information you receive.
Remember in a bearish market you cannot sell from a LOW...you must wait for the retracement to a high point in order to sell and then you will get the perfect setup required to gain the most amount of pips.
So right now the H4 is buying to make it's HIGH before it sells again and so the buy opportunities that exist on the H1 are endless until that happens.
HL to HH and end that bias when the H4 makes its HIGH.
Blessings to everyone.
#patience #Godisincontrol
Note
The current TP I set was just a dessert from the main course move yesterday on the lower timeframes all the way to the M30 time frame....
Those were the timeframes that broke structure and so those are the ones that will need to make the HL's which we saw happening for the M30 at 4:30 am today.
The HH is a break of that previous high made yesterday at 1:00pm which will continue to push to the Current H1 High Break line Day 1 Ultimate TP 14781.55.
When price get's here and I exit...please note that I will not be taking any other buys until the price resets to create the next HL to take me to a HH on the largest timeframe that would have made a HIGH.
#patience #auberstrategy #patience #whywewait
no setup = no trade
Trade active
As we begin today's trading session...I pray a special blessing over all of us as traders and may we be even more consistent that we were yesterday.
1. Remember to trade what the market gives you and not what you think it might give.
2. Trust your analysis
3. Exercise patience and let me move play out.
4. Stick to your trading plan and learn to filter out the many distractions that come up everyday.
5. Always review your trades, keep the good and proven steps and discard the rest.
6. Keep building on the knowledge gained daily
The trend is still bullish on the H4 and we continue to tract towards the H4 HIGH by taking the HL/HH's from the lower timeframes.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.