NAS100...Ever the Bullish Instrument Part 14

há 6 horas

Welcome to another week of trading this eternally bullish instrument called the NAS100.

Last week was a buyers paradise for the patient...

This is not to say that there were not selling opportunities, however as I have always stated and stood by...Any sells on the NAS100 are only temporary retracements to fulfill a HL on the Larger timeframe and so as always, I ignored the noise traded my strategy and enjoyed the success of the analysis.

This week we will see Monday with an early close for Martin Luther King's birthday and so there will be a shortened trading session on Monday.

As for any other news factors, that does not affect my trading in any way shape or form as the market is going to complete its structure one way or another...

You should have noticed that on Friday the H1 finished by making the highest point of the week and has not gone back to test the Lowest point it created on Monday.

Another important fact is that the new High created on the H1 was made by breaking a previous (minor structure) HH and as such this is a solid indicator that the ATH will be challenged and broken real soon...Guaranteed.

So for this week it is more of the same:

1. Take the buys from my largest HL
2. TP on my HH (If the market only records a LH...then I still TP)
3. Wait for the next HL and repeat the process.

Have a wonderful trading week.

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