NAS100...Ever The Bullish Instrument Part 8

Updated
A video version of this analysis is available in the link on my tradingview channel.

Last week, was more of the same and it provided more confirmation that the trend continues to be in favor of the bulls.

By now you should have realized and understand, that I do not sell, instead, I take my profits at my HH's and then wait for the market to sell back to the next largest HL before entering another Buy. (Sounds easy, however it requires constant practice)

I will repeat this...

1. I am not a signal service
2. I offer no subscriptions
3. I am under no obligation to tell anyone when I enter and exit trades
4. If you would like to follow my strategy, you must view the content that I constantly share
and use it to develop your own methods.

You must practice, review, analyze in order to be successful.

Last week, I highlighted two zones of interest for my entry, however as the week played out, I realized by Tuesday, that the price had no interest in going to my Zones as it registered two HL's on the H1 and H2 Monday and Tuesday which by then confirmed that the weekly low had already been made by Monday's H1 HL.

I only took 3 trades last week and every single one of them ended in ATH broken. (100% win rate)

If you go back and review your charts, you would have noticed that the H1 gave a total of 6 low points, all of which facilitated a new ATH eventually being broken.

So for this week, I already have an entry carried over from last Friday's London session's M5 HL @ 21596.0 which will be broken before any other kind of meaningful retracement on the week.

So for right now, it's allowing the trend to do it's thing and bring home another guaranteed HH.

This market will continue to make HL to HH's and will finish 2024 very strong.

Have a great trading week.

#oneauberstrategy
#auberstrategy
#aubersystem
#whywewait
#zigzagtheory
#patience

Note
First weekly HL's have started to signal...

My first TP of the week will be 21891.39

Note
First weekly TP will be 21891.39

snapshot
Note
Now that the first successful HL to Hh sequence has been completed for the week, I know turn my attention back to waiting for the next confirmed and guaranteed HL that will bring the break of another ATH.

Market is currently doing it's normal retracement in preparation for the next leg of bullish activity.

As usual, patience is always the key and remember this is a marathon, not a sprint.

#oneauberstrategy
#aubersystem
#whywewait
#patience
#auberstrategy
#zigzagtheory

snapshot
Note
This week is proving once again that the trend is always your friend especially when you have volatility and consolidation present.

As you would have noticed by now, the market has been still in trend by only managing to form HL's with the largest one currently on the H3.

Every single new low or HL as been taken out by a HL and this trend continues as I expect that the last of the "Mohican" HLs H3 will be taken out in today's session.

If this does not happen...profit can always be taken on the H3 LH as this would have confirmed that the consolidation for the end of the week and the consolidation for the Monday, Tuesday and sometimes Wednesday cycle would have already been triggered.

With that being said, the H3 timeframe is the one to watch now to see if the HH cycle will be completed with the break of yet another ATH for this week.

As always:

1. Trade what you see
2. Manage your risk
3. Practice
4. Learn your craft
5. Use your demo accounts until you are comfortable with your strategy
6. Practice patience

#oneauberstrategy
#auberstrategy
#aubersystem
#whywewait
#zigzagtheory
#patience

snapshot
Note
I posted this chart in my minds last week and will do it again for emphasis:

This is the daily chart from last October till present day.

1. Notice where price started from October 30, 2023 and where it ended
January of 2024 (Bottom left hand corner)

2. Notice that the bullish momentum has continued for a full year...

3. Notice where price started from October 30, 2024 and where it is going and
we have not ended December as yet (Top right corner)

What does this all mean?

1. Stop trying to sell a bullish market long-term and be patient...

2. Learn to wait for your largest HL's and buy the trend.

3. If you are new to trading, stop listening to cat and cow callers who yell sell
sell sell if you do not have a strategy that allows you to sell the retracement
effectively

4. Remember the market always moves in a zig zag formation...
a. For every low there is a corresponding high
b. For every high there is a corresponding Low
c. The lows just keep falling higher and the highs keep on going higher.

I hope this helps...

Have a great day.

#oneauberstrategy

snapshot
Trade active
Another successful week ended...Please check the video link in my profile for a detailed review of what transpired this week.

Also look out for my new idea that will be posted shortly entitled; "NAS100...Ever The Bullish Instrument Part 9"

See you soon.
Chart PatternsTechnical IndicatorsTrend Analysis

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