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 Post subject: May 12th Tues - #futures #forex #stocks #trading
 Post Posted: Tue May 12, 2020 4:07 pm 
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Joined: Tue Dec 16, 2008 1:02 am
Posts: 2848
Location: Canada
051220-TheStrategyLab-Chat-Room-Key-Markets.png [ 5.26 MiB | Viewed 2 times ]

[09:20:38] * Now talking in ##TheStrategyLab
[09:20:57] <asuni> good morning
[09:29:38] <wrbtrader> Shorts Emini ES @ 2934.75 -> small size
[09:29:41] <wrbtrader> 3 contracts
[09:29:54] <wrbtrader> early entry
[09:31:05] <werner1> gm
[09:31:11] <wrbtrader> Covered Emini ES Short @ 2936.00 --> - 1.25
[09:31:11] <wrbtrader> Reverse and Enter Long Emini ES @ 2936.00
[09:31:33] <wrbtrader> 3 contracts on the position reversal
[09:32:35] <wrbtrader> Exited all Emini ES Long @ 2937.25 --> + 1.25
[09:34:14] <wrbtrader> Shorts Emini ES @ 2933.25 -> small size
[09:34:25] <wrbtrader> 3 contracts re-entry
[09:35:10] <wrbtrader> Covered all Emini ES Short @ 2932.75 --> + 0.5
[09:35:17] <wrbtrader> :(
[09:35:22] <wrbtrader> trail picked
[09:36:08] <wrbtrader> Shorts Emini ES @ 2929.50 -> small size
[09:36:16] <werner1> Shorts Emini NQ @ 9303.00
[09:36:17] <wrbtrader> 3 contracts re-entry
[09:36:20] <wrbtrader> intuition
[09:36:40] <werner1> Covered all Emini NQ Short @ 9283.25 --> + 19.75
[09:37:32] <wrbtrader> Covered all Emini ES Short @ 2926.25 --> + 3.25
[09:39:39] <wrbtrader> Emini ES futures should be a lot lower but its not
[09:40:10] <wrbtrader> Long Emini ES @ 2929.25 -> small size
[09:40:13] <wrbtrader> 3 contracts
[09:40:35] <wrbtrader> Exited all Emini ES Long @ 2928.25 --> - 1
[09:43:37] <wrbtrader> Shorts Emini ES @ 2928.75 -> large size
[09:43:40] <wrbtrader> 10 contracts
[09:44:54] <wrbtrader> :(
[09:45:50] <wrbtrader> my Market Depth info stalled and suddenly changed
[09:45:57] <wrbtrader> now its going again
[09:46:03] <wrbtrader> WRB pt1 reached
[09:47:35] <wrbtrader> Covered all Emini ES Short @ 2921.25 --> + 7.5
[09:47:54] <wrbtrader> Emini ES futures over-reacted on that down move
[09:48:45] <wrbtrader> same with Emini RTY futures
[09:51:48] <wrbtrader> Shorts Emini ES @ 2915.50 -> small size
[09:51:56] <wrbtrader> 3 contracts
[09:53:04] <wrbtrader> Covered all Emini ES Short @ 2914.75 --> + 0.75
[09:54:34] <wrbtrader> Senate testimony about the Coronavirus is the KME for the morning
[09:55:11] <wrbtrader> Long Emini ES @ 2914.50 -> small size
[09:55:16] <wrbtrader> 1 contract
[09:57:54] <wrbtrader> Exited Emini ES Long @ 2918.25 --> + 3.75
[09:58:08] <wrbtrader> not a WRB pt1
[10:06:49] <wrbtrader> Shorts Emini ES @ 2918.25 -> medium size
[10:06:51] <wrbtrader> 5 contracts
[10:07:24] <wrbtrader> Covered all Emini ES Short @ 2919.25 --> - 1
[10:07:44] <wrbtrader> Shorts Emini ES @ 2919.75 -> medium size
[10:07:51] <wrbtrader> 5 contracts re-entry
[10:09:27] <wrbtrader> should have dropped like a rock here
[10:09:29] <wrbtrader> :(
[10:10:46] <wrbtrader> small WRB pt1 reached
[10:11:28] <wrbtrader> Covered all Emini ES Short @ 2917.50 --> + 2.25
[10:11:38] <wrbtrader> trail picked pocketed :(
[10:12:23] <wrbtrader> Shorts Emini ES @ 2917.25 -> small size
[10:12:31] <wrbtrader> 3 contracts re-entry
[10:12:57] <wrbtrader> Covered all Emini ES Short @ 2918.25 --> - 1
[10:14:48] <wrbtrader> Long Emini ES @ 2920.50 -> small size
[10:14:51] <wrbtrader> 3 contracts
[10:15:08] <wrbtrader> more contraction showing up
[10:15:10] <wrbtrader> :(
[10:15:56] <wrbtrader> small WRB pt1 reached
[10:16:17] <werner1> Long Emini NQ @ 9277.75
[10:16:28] <werner1> Exited all Emini NQ Long @ 9284.50 --> + 6.75
[10:16:42] <wrbtrader> Exited all Emini ES Long @ 2922.00 --> + 1.5
[10:17:07] <wrbtrader> That prior Short signal is still active
[10:17:19] <wrbtrader> makes any Long positions tough to do
[10:18:17] <wrbtrader> May get lucky and catch a very good better entry on a Short than the prior one
[10:18:36] <wrbtrader> It will no longer be active @ 2925.25
[10:23:07] <wrbtrader> Shorts Emini ES @ 2921.25 -> small size
[10:23:10] <wrbtrader> 3 contracts
[10:24:21] <wrbtrader> small WRB pt1 reached
[10:24:47] <wrbtrader> Covered all Emini ES Short @ 2920.75 --> + 0.5
[10:24:59] <wrbtrader> trail picked
[10:27:05] <wrbtrader> Shorts Emini ES @ 2919.00 -> medium size
[10:27:18] <wrbtrader> 5 contracts
[10:27:21] <wrbtrader> re-entry
[10:27:40] <wrbtrader> chasing...it snuck by me :(
[10:28:21] <wrbtrader> That's because Emini ES futures is still over-reacting
[10:28:36] <wrbtrader> WRB pt1 reached
[10:30:15] <wrbtrader> It's over-reacting but still not dropping like a rock when it sets up do that
[10:31:53] <wrbtrader> Covered all Emini ES Short @ 2918.50 --> + 0.5
[10:32:03] <wrbtrader> trail picked pocketed
[10:32:26] <wrbtrader> 2nd one in a roll
[11:04:46] <werner1> Long Emini NQ @ 9315.25
[11:07:40] <werner1> Exited all Emini NQ Long @ 9316.50 --> + 1.25
[11:10:14] <werner1> Long Emini NQ @ 9321.00
[11:12:47] <werner1> Exited all Emini NQ Long @ 9320.00 --> - 1
[11:15:50] <werner1> Long Emini NQ @ 9323.50
[11:17:18] <werner1> Exited all Emini NQ Long @ 9323.50 --> 0
[11:17:24] <werner1> sideline
[11:21:01] <werner1> cya
[11:29:17] <wrbtrader> Shorts Emini ES @ 2924.25 -> small size
[11:29:21] <wrbtrader> 3 contracts
[11:29:48] <wrbtrader> :(
[11:29:49] <wrbtrader> geeesh
[11:30:24] <wrbtrader> Covered all Emini ES Short @ 2924.25 --> 0
[11:30:45] <wrbtrader> small WRB pt1 was reached but couldn't grab it because of some distractions
[11:49:17] <wrbtrader> Ok...I'm back
[12:12:03] <wrbtrader> Shorts Emini ES @ 2918.50 -> small size
[12:12:11] <wrbtrader> 3 contracts
[12:12:17] <wrbtrader> poor entry
[12:12:43] <wrbtrader> already at a WRB pt1 from the trade signal @ 2920.25
[12:13:21] <wrbtrader> Covered all Emini ES Short @ 2917.75 --> + 0.75
[12:13:56] <wrbtrader> gotta take that after it touched the S area @ 2917.25
[13:16:08] <wrbtrader> Ok...back again.
[13:16:33] <wrbtrader> Missing a lot of trade signals today but that's OK after hitting a mental low yesterday
[13:17:04] <wrbtrader> Didn't want to push it too hard today so I've been taking big breaks (long breaks) today
[13:17:27] <wrbtrader> Dow only down about 85 points
[13:17:46] <wrbtrader> VIX back above 28
[13:18:13] <wrbtrader> Emini ES futures below its most recent reaction lows
[13:18:44] <wrbtrader> Shorts Emini ES @ 2908.25 -> small size
[13:18:47] <wrbtrader> 1 contract
[13:19:08] <wrbtrader> Market Depth doing the same along with other key markets
[13:19:36] <wrbtrader> Covered Emini ES Short @ 2907.75 --> + 0.5
[13:19:41] <wrbtrader> trail picked
[13:27:43] <wrbtrader> Emini ES needs to get back above the low of the most recent Long Lower Shadow interval
[13:27:56] <wrbtrader> Low @ 2905.50
[13:28:02] <wrbtrader> It just got above
[13:28:22] <wrbtrader> Shorts Emini ES @ 2905.00 -> small size
[13:28:27] <wrbtrader> 3 contracts
[13:29:14] <wrbtrader> no volatility when it fell back below that S area :(
[13:29:54] <wrbtrader> now just chopping around
[13:31:14] <wrbtrader> Covered all Emini ES Short @ 2906.00 --> - 1
[13:40:36] <wrbtrader> Shorts Emini ES @ 2906.25 -> small size
[13:40:38] <wrbtrader> 3 contracts re-entry
[13:40:58] <wrbtrader> slow moving price action...thanks to the ranging VIX
[13:41:35] <wrbtrader> Covered all Emini ES Short @ 2907.25 --> - 1
[13:42:16] <wrbtrader> Emini ES fighting back UP to get back inside the range of a prior Long Upper Shadow interval
[13:42:31] <wrbtrader> Took me out of the Short very easily :(
[13:44:11] <wrbtrader> Long Emini ES @ 2906.75 -> small size
[13:44:14] <wrbtrader> 3 contracts
[13:44:33] <wrbtrader> early entry
[13:45:28] <wrbtrader> tight trading range with CHOP
[13:46:00] <wrbtrader> Exited all Emini ES Long @ 2908.00 --> + 1.25
[13:55:35] <wrbtrader> A lot of consecutive contracting volatility intervals today...
[13:55:41] <wrbtrader> It started yesterday
[13:58:00] <asuni> Next 3 minutes Federal Budget Balance. Do u consider it a KME?
[14:01:40] <wrbtrader> Yes especially with all the recent actions in shoving trillions of dollars into the economy and the bond purchases
[14:09:03] <wrbtrader> Shorts Emini ES @ 2908.75 -> small size
[14:09:05] <wrbtrader> 3 contracts
[14:09:50] <wrbtrader> Emini ES having problems trying to get back UP into the range of its recent Long Upper Shadow interval
[14:11:37] <wrbtrader> small WRB pt1 reached
[14:13:07] <wrbtrader> Covered all Emini ES Short @ 2905.75 --> + 3
[14:46:32] <asuni> need to go. cu tomorrow
[14:46:34] <asuni> bye
[14:55:18] <wrbtrader> Long Emini ES @ 2908.00 -> small size
[14:55:23] <wrbtrader> 1 contract
[14:56:07] <wrbtrader> Exited Emini ES Long @ 2907.50 --> - 0.5
[14:56:50] <wrbtrader> Had to dump that one...trade started looking like it had too much alcohol
[15:02:13] <wrbtrader> Shorts Emini ES @ 2906.50 -> large size
[15:02:16] <wrbtrader> 10 contracts
[15:03:58] <wrbtrader> Covered all Emini ES Short @ 2905.75 --> + 0.75
[15:08:16] <wrbtrader> Shorts Emini ES @ 2906.25 -> large size
[15:08:19] <wrbtrader> 10 contracts re-entry
[15:08:35] <wrbtrader> small WRB pt1 reached
[15:09:22] <wrbtrader> Covered all Emini ES Short @ 2906.00 --> + 0.25
[15:09:29] <wrbtrader> trail stop picked
[15:10:18] <wrbtrader> Shorts Emini ES @ 2904.50 -> large size
[15:10:23] <wrbtrader> 10 contracts re-entry
[15:10:37] <wrbtrader> still chopping around
[15:10:48] <wrbtrader> Catching my trail stops easily
[15:11:04] <wrbtrader> small WRB pt1 reached
[15:13:48] <wrbtrader> I'm trying hard to catch a late afternoon push down into a possible WRB pt2 or WRB pt3 profit
[15:14:39] <wrbtrader> Hopefully it can retest the most recent reaction lows @ 2899.00
[15:16:39] <wrbtrader> Covered all Emini ES Short @ 2902.25 --> + 2.25
[15:16:52] <wrbtrader> trail stop picked pocketed
[15:17:45] <wrbtrader> Shorts Emini ES @ 2901.25 -> large size
[15:18:02] <wrbtrader> 10 contracts re-entry
[15:18:51] <wrbtrader> WRB pt1 reached
[15:20:42] <wrbtrader> Covered all Emini ES Short @ 2897.75 --> + 3.5
[15:20:51] <wrbtrader> trail picked
[15:20:58] <wrbtrader> :(
[15:21:20] <wrbtrader> thought I caught a runner...tighten my trail stop...it stole it quickly
[15:21:33] <wrbtrader> Take care all and see all tomorrow
Session Closed

Bloomberg Markets: The Close' Full Show (05/12/2020) @ https://www.bloomberg.com/news/videos/2020-05-12/-bloomberg-markets-the-close-full-show-5-12-2020-video

@ wrbtrader @ Frequently Asked Questions @ Risk Warnings @ Terms of Use Policy


##TheStrategyLab (located on the Freenode IRC network) is free and is a serious professional trading chat room involving WRB Analysis in which any trader (position trading, swing trading, day trading) can use the chat room to post their trades or commentaries about stocks, futures, exchange traded funds or forex currencies. Simply, you don't need to be a client of TheStrategyLab.com to use the free chat room nor do you need to be a price action trader (no indicators) because some members use indicators while others do not. Yet, the only requirement is that you want to learn WRB Analysis.

Therefore, we welcome all traders that want to learn about WRB Analysis regardless if they are beginners or experience traders in price action trading.

The purpose of ##TheStrategyLab is that it's designed to be a trade journal for documentation purposes only so that members can have a time stamp archive of trades and market commentaries of each trading day so that they can better understand their broker statements from one trade to the next trade when they review their performance numbers on any given trading day.

The free chat room is not a signal calling trading room with a head trader telling you what to trade, when to buy or when to sell. In fact, we do not believe in the business model of a head trader telling other traders when to buy and sell. Its a flawed approach to trading and its a flawed substitution for mentoring in which a trader can not learn how to be a successful independent trader.

Further, members are not obligated to educate nor help other members but members are encourage to ask questions about any trades or market commentaries that's posted by others because sometimes the answers contains useful trading tips.

In addition, our primary job in the free chat room is to moderate the room (keep the peace) because with so many members using different trade signal methods along with different opinions about the market...debates or arguments can easily flare up without moderating. In addition, our presence in the chat room is to ensure it's a spam free chat room during trading although these archived chat logs may contain advertisements for guest visitors.

Commonly discussed trading instruments from stocks, futures, exchange traded funds and forex currencies:

Image CME Emini Futures EMD, ES and NQ

Image CME Emini RTY Futures (formerly ICE TF)

Image CBOT mini-sized Dow Futures YM

Image Micro E-mini Futures MES, MNQ, MYM and M2K

Image Eurex Index Derivatives (futures) DAX and DJ Euro Stoxx50

Image Eurex Fixed Income Derivatives (futures) BUND, BOBL and Schatz

Image Euronext Futures FTSE-100 and CAC-40

Image CME Futures EuroFX 6E and EC

Image Treasury Futures T-Notes ZT, ZN, ZF and T-Bonds ZB

Image Forex Currencies Gbp/Usd, Eur/Usd, Eur/Yen, Usd/Cad, Xau/Usd and Xag/Usd

Image Exchange Traded Funds VXX, DIA, IWM, QQQ, SPY, BGU, FAS, FAZ, TNA, OIH, XLE and GLD

Image NYMEX Energy Futures Light Crude Oil CL, Brent Crude Oil BZ/BRN, e-miNY QM and Natural Gas NG

Image COMEX Metal Futures Gold GC, mini-Gold YG, Copper HG and Silver SI

Image S&P CNX NIFTY Futures

Image Hang Seng Index Futures HSI and mini-Hang Seng MHI

Reminder, our Terms of Use (TOU) Policy is a must read to prevent any misunderstandings along with revealing that ##TheStrategyLab is a serious professional price action trading chat room and we expect members to act professional. Also, these logs may have been edited (rarely) to remove any messages that a member has complained to me via private message that they consider a particular commentary to be inappropriate, racist, harassment, lies, hackers, pikers, trolls that's a distraction to members of our chat room, our forum or our website. Yet, the original logs are always maintain for security reasons and legal reasons if needed.

Disclaimer: Today's trading performance is not an indication of my future performance and not an indication of the future performance for any trader that decides to learn/apply WRB Analysis. The risk of loss can be substantial. Therefore, you must carefully consider if trading is suitable for you within the context of your financial condition. TheStrategyLab.com is an education and research site. The resources on this site are provided for informational purposes only and should not be used to replace professional educational and professional research because we are retail traders only. TheStrategyLab.com does not accept liability for your use of the website and its resources.

We make no guarantees of success and your level of success is dependent upon other factors including your skill as a trader, knowledge, financial condition, market conditions and other factors. Trading is stressful and you should always consult a doctor in all matters relating to physical and mental health of you and your family because trading can impact beyond your financial condition regardless if you're a profitable or losing trader. Also, you can read our full disclaimer statement @ http://www.thestrategylab.com/Disclaimer.htm

Image TheStrategyLab Review about Dr. Dean Handley @ http://www.thestrategylab.com/dr-dean-handley-review.htm

Image Rebuttal to Mr. Emmett Moore Jr. via TheStrategyLab.com Review @ http://www.thestrategylab.com/tsl/forum/viewtopic.php?f=84&t=3167

Image Review of Emmett Moore Jr. Tradingschools @ http://www.thestrategylab.com/emmett-moore-jr-tradingschools-review.htm

Image The Strategy Lab: Valforex - The Manipulative Review Scam @ http://www.thestrategylab.com/tsl/forum/viewtopic.php?f=84&t=3676

Image TheStrategyLab Review @ http://www.thestrategylab.com/thestrategylab-reviews.htm

Image Where did wrbtrader go? | Elite Trader @ http://www.thestrategylab.com/ftchat/forum/viewtopic.php?f=161&t=2844

Image Trolls Review @ http://www.thestrategylab.com/trolls-review.htm

Note: chat logs saved (timestamp) from Qu├ębec, Canada in eastern daylight time

Best Regards,
M.A. Perry
Trader and Founder of WRB Analysis (wide range body/wide range bar analysis)
a.k.a. wrbtrader (more info about me): http://www.thestrategylab.com/wrbtrader.htm
TheStrategyLab Price Action Trading
Image@ http://twitter.com/wrbtrader Image@ http://stocktwits.com/wrbtrader
Image@ https://www.tradingview.com/u/wrbtrader

Phone: +1 224 307-4434
Business Hours: 8am - 5pm est (Mon - Fri)
Skype Messenger: kebec2002
wrbanalysis@gmail.com (24/7)

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