NAS100...Apprehensive

14 set 2023

NAS100USD

Overnight NAS100 made it back to the 61.8% line and at 2:00 am started a retracement which caused it to go back and test the 50% line...As of this writing, it seemed to have been rejected at the 50% line which should put it back in the current trend to continue upwards to the HH.

With that move back to the 50% the M30 registered a HL...we will see if that is the rejection that was needed to cause the continuation upwards.

Today's news items include a host of reports on retail sales, PPI and initial jobless claims which should create some volatility and more reason for me to continue to wait on my turn for entry.

Yes I am out of the markets, however I keep stressing, you will not loose what you don't risk and waiting for the perfect opportunity, brings the perfect results.

no setup = no trade.

#stillwaiting

14 set 2023

Trade attivo

Although I am spending most of this week waiting on the right setup based on the #auberstrategy, I am also gaining some valuable lessons as it relates to patience and seeing how all the timeframes move when the market is consolidating between the zone.

Currently price is still pushing higher than when the session started and has seemed to gather some momentum after retesting the 50% FIB H4.

As usual I am remaining neutral until I get my HH or LL signals.

no setup = no trade