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09:21:18] * Now talking in ##TheStrategyLab
[09:28:45] <werner1>
[09:30:28] <wrbtrader> Dow Opening the regular trading session down -900 points
[09:30:58] <wrbtrader> VIX > 32
[09:31:02] <Tigerman______>
all
[09:31:08] <asuni>
[09:32:08] <wrbtrader> Shorts Emini ES @ 3111.00 -> large size
[09:32:10] <wrbtrader> 10 contracts
[09:34:17] <wrbtrader> Reminder...there's a high probability of a strong directional price movement within 1 - 2 trading days after an FOMC announcement
[09:34:54] <Tigerman______> thanks to remaind that wrbtrader
[09:35:04] <wrbtrader> Looks like it starting in the overnight trading session
[09:35:24] <Tigerman______> Today I ll just do some sym trades
[09:35:29] <wrbtrader> Covered all Emini ES Short @ 3110.25 --> + 0.75
[09:35:39] <wrbtrader> trail stop picked
[09:35:50] <Tigerman______> not fully prepared plus difficult vola x me in this context
[09:35:58] <wrbtrader> Shorts Emini ES @ 3111.00 -> large size
[09:36:06] <wrbtrader> 10 contracts re-entry
[09:36:13] <Tigerman______> sh ES 3098.25
[09:36:41] <Tigerman______> exit all @ 3097 +1.25
[09:37:09] <Tigerman______> I m on Sep contract my chart already show me that
[09:37:31] <wrbtrader> Covered all Emini ES Short @ 3110.50 --> + 0.5
[09:37:45] <wrbtrader> trail stop picked as soon as I lowered it
[09:38:03] <Tigerman______> lot of chop
[09:38:03] <wrbtrader> Shorts Emini ES @ 3108.50 -> large size
[09:38:11] <wrbtrader> 10 contracts re-entry
[09:38:19] <Tigerman______> sh ES 3096
[09:38:44] <wrbtrader> I hate these types of price action...the chop steals the trail stop for just ticks and then it drops
[09:38:54] <wrbtrader> WRB pt1 reached
[09:38:58] <Tigerman______> exit 2/3 @ 30.92 +4
[09:40:15] <wrbtrader> trail stop tighten to recent WRB pt1
[09:41:07] <wrbtrader> Emini futures now below the most recent reaction low
[09:41:11] <Tigerman______> exit all rem @ 3087 +5
[09:41:47] <wrbtrader> Covered all Emini ES Short @ 3101.75 --> + 6.75 [09:55:21] <wrbtrader> Market Depth just going sideways and correlation problems within the Emini futures are growing
[09:59:45] <wrbtrader> Shorts Emini ES @ 3114.25 -> large size
[09:59:55] <wrbtrader> 10 contracts re-entry (early entry)
[10:00:08] <wrbtrader>
[10:00:24] <wrbtrader> Covered all Emini ES Short @ 3114.75 --> - 0.5
[10:01:25] <wrbtrader> Shorts Emini ES @ 3115.00 -> large size
[10:01:35] <wrbtrader> 10 contracts re-entry
[10:01:43] <wrbtrader> intuition
[10:02:17] <wrbtrader> WRB pt1 reached
[10:03:50] <wrbtrader> Got away with the early entry that didn't have a trade confirmation...was able to minimize the loss and then got away with a great intuition entry
[10:03:57] <Tigerman______> good intuin wrbtrader
[10:03:58] <wrbtrader> WRB pt1 reached
[10:04:04] <Tigerman______> intuition
[10:05:07] <wrbtrader> Covered all Emini ES Short @ 3104.25 --> + 10.75 [10:05:24] <werner1> wow nice
[10:10:04] <wrbtrader> Shorts Emini ES @ 3105.25 -> small size
[10:10:08] <wrbtrader> 3 contracts
[10:10:24] <wrbtrader> will be a battle in this price area
[10:11:46] <wrbtrader> Covered all Emini ES Short @ 3107.25 --> - 2
[10:13:01] <wrbtrader> Still no strong directional price movement...just deep swings
[10:13:24] <wrbtrader> or big range
[10:14:05] <wrbtrader> Long Emini ES @ 3112.75 -> small size
[10:14:11] <wrbtrader> 3 contracts
[10:14:44] <wrbtrader> Exited all Emini ES Long @ 3113.00 --> + 0.25
[10:15:08] <wrbtrader> Shorts Emini ES @ 3111.00 -> small size
[10:15:11] <wrbtrader> 3 contracts
[10:15:19] <wrbtrader> early entry
[10:16:14] <Tigerman______> sh ES 3099.50
[10:16:36] <wrbtrader> Covered all Emini ES Short @ 3108.50 --> + 2.5
[10:16:43] <Tigerman______> exit all @ 3097 +2
[10:16:50] <wrbtrader> not a WRB pt1
[10:16:53] <wrbtrader> early exit
[10:17:24] <wrbtrader> got some distractions here (delivery guy just pulled up)
[10:17:27] <wrbtrader> be right back
[10:44:34] <Tigerman______> ok I finish here for today
[10:46:13] <Tigerman______> I ll be here next week
[10:46:28] <Tigerman______> so have a safe weekend all see next week
[10:48:07] <wrbtrader> I'm back
[10:48:16] <wrbtrader> Tigerman...take care
[10:50:44] <wrbtrader> Shorts Emini ES @ 3093.00 -> small size
[10:50:50] <wrbtrader> 3 contracts
[10:51:11] <wrbtrader> Covered all Emini ES Short @ 3094.50 --> - 1.5
[10:51:20] <wrbtrader> punks
[10:51:25] <wrbtrader> had a great entry too
[10:51:40] <wrbtrader> Looks like I got sucker
[10:51:57] <wrbtrader> Shorts Emini ES @ 3093.75 -> small size
[10:52:19] <wrbtrader> 3 contracts re-entry intuition
[10:53:04] <wrbtrader> Covered all Emini ES Short @ 3094.25 --> - 0.5
[10:54:00] <wrbtrader> Shorts Emini ES @ 3094.00 -> small size
[10:54:13] <wrbtrader> 3 contracts re-entry intuition
[10:55:41] <wrbtrader> Covered all Emini ES Short @ 3091.25 --> + 2.75
[10:55:48] <werner1> cya
[10:55:53] <wrbtrader> small WRB pt1 reached
[10:56:29] <wrbtrader> wanted to keep it a little longer but could not determine if volatility was increasing
[10:59:14] <asuni> it seems NQ is going to daily low
[11:01:42] <asuni> went short looking only at nq :-)
[11:01:45] <asuni> 4 points
[11:19:27] <wrbtrader> Long Emini ES @ 3089.00 -> small size
[11:19:35] <wrbtrader> 1 contract
[11:20:21] <wrbtrader> Exited Emini ES Long @ 3089.25 --> + 0.25
[11:20:47] <wrbtrader> Long Emini ES @ 3089.75 -> small size
[11:20:53] <wrbtrader> 3 contracts
[11:21:18] <wrbtrader> support trying hard to develop
[11:24:26] <wrbtrader> Exited all Emini ES Long @ 3089.75 --> 0
[11:25:35] <wrbtrader> don't see anything to keep this from running up higher
[11:26:34] <wrbtrader> Long Emini ES @ 3087.00 -> small size
[11:26:44] <wrbtrader> 3 contracts re-entry
[11:26:58] <wrbtrader> early entry
[11:27:50] <wrbtrader> Exited all Emini ES Long @ 3085.00 --> - 2
[11:58:06] <wrbtrader> Shorts Emini ES @ 3073.75 -> small size
[11:58:10] <wrbtrader> 3 contracts
[11:59:26] <wrbtrader> Covered all Emini ES Short @ 3074.50 --> - 0.75
[12:00:25] <wrbtrader> Shorts Emini ES @ 3075.00 -> small size
[12:00:36] <wrbtrader> 3 contracts re-entry
[12:01:27] <wrbtrader> another tough price area
[12:01:40] <wrbtrader> for both Longs / Shorts
[12:01:55] <wrbtrader> small WRB pt1 reached
[12:02:15] <wrbtrader> Covered all Emini ES Short @ 3071.50 --> + 3.5
[12:03:59] <wrbtrader> snapbacks Down / Up
[12:04:55] <wrbtrader> It's that type of price action I was trading within when I created WRB Analysis
[12:05:16] <wrbtrader> Grab the WRB pt1 before the snapback price actions showed up
[12:26:19] <asuni> NO RETRACEMENT IN WRB ZONE
[12:27:16] <asuni> sorry for caps lock
[12:55:30] <wrbtrader> Dow about -1530 points
[12:55:41] <wrbtrader> VIX > 37
[12:55:47] <asuni> -5.70%
[12:56:24] <asuni> i think ES has filled about 10 old WRBHG
[13:06:31] <wrbtrader> I'm surprised it hasn't filled in more Up WRB Hidden GAP interval than that
[13:06:57] <wrbtrader> -1000 points usually fills in a lot more
[13:07:17] <wrbtrader> Shorts Emini ES @ 3046.75 -> small size
[13:07:22] <wrbtrader> 3 contracts
[13:08:36] <wrbtrader> Covered all Emini ES Short @ 3048.00 --> - 1.25
[13:09:10] <wrbtrader> Shorts Emini ES @ 3048.00 -> small size
[13:09:14] <wrbtrader> 3 contracts re-entry
[13:10:39] <wrbtrader> small WRB pt1 reached
[13:11:17] <wrbtrader> Covered all Emini ES Short @ 3045.00 --> + 3
[13:13:46] <wrbtrader> A little higher...it'll turn into a Short squeeze...to drive it up another 5 points
[13:14:15] <wrbtrader> R area right now
[13:17:23] <asuni> do u think we'll see new lows?
[13:19:46] <wrbtrader> Don't know but support has been put in
[13:25:40] <wrbtrader> Long Emini ES @ 3054.00 -> small size
[13:25:43] <wrbtrader> 1 contract
[13:26:48] <wrbtrader> Exited Emini ES Long @ 3051.50 --> - 2.5
[13:27:32] <wrbtrader> Shorts Emini ES @ 3049.00 -> small size
[13:27:38] <wrbtrader> 3 contracts
[13:28:14] <wrbtrader> retesting the S area of its most recent Up WRB Hidden GAP interval
[13:28:33] <wrbtrader> small WRB pt1 reached
[13:30:59] <wrbtrader> Covered all Emini ES Short @ 3048.00 --> + 1
[13:31:10] <wrbtrader> trail stop picked pocketed
[13:33:35] <wrbtrader> Shorts Emini ES @ 3044.50 -> small size
[13:33:42] <wrbtrader> 3 contracts re-entry
[13:34:10] <wrbtrader> Covered all Emini ES Short @ 3046.50 --> - 2
[13:38:11] <wrbtrader> Shorts Emini ES @ 3043.00 -> small size
[13:38:16] <wrbtrader> 3 contracts
[13:39:23] <wrbtrader> Covered all Emini ES Short @ 3042.50 --> + 0.5
[13:40:14] <wrbtrader> Shorts Emini ES @ 3041.00 -> small size
[13:40:21] <wrbtrader> 3 contracts
[13:40:32] <wrbtrader> a lot of shake outs
[13:42:41] <wrbtrader> gesssho
[13:43:09] <wrbtrader> creeper price action and then it suddenly moves fast...bank n forth like that in its speed movement
[13:44:53] <wrbtrader> WRB pt1 reached
[13:45:05] <wrbtrader> Covered all Emini ES Short @ 3035.75 --> + 5.25 [13:45:54] <wrbtrader> be right back
[15:10:21] <wrbtrader> Shorts Emini ES @ 3019.00 -> small size
[15:10:27] <wrbtrader> 3 contracts
[15:11:34] <wrbtrader> Covered Emini ES Short @ 3019.75 --> - 0.75
[15:11:34] <wrbtrader> Reverse and Enter Long Emini ES @ 3019.75
[15:13:14] <wrbtrader> Exited all Emini ES Long @ 3019.75 --> 0
[15:13:38] <wrbtrader> Shorts Emini ES @ 3017.50 -> small size
[15:13:44] <wrbtrader> 3 contracts
[15:13:47] <wrbtrader> poor entry
[15:14:50] <wrbtrader> Covered all Emini ES Short @ 3014.00 --> + 3.5
[15:17:02] <wrbtrader> Shorts Emini ES @ 3015.00 -> small size
[15:17:08] <wrbtrader> 3 contracts
[15:17:24] <wrbtrader> trying hard to move down the range of a recent Long Lower Shadow interval
[15:17:54] <wrbtrader> being careful of a snapback Up
[15:18:07] <wrbtrader> trailing @ profit
[15:18:17] <wrbtrader> WRB pt1 reached
[15:19:13] <asuni> Hit my stop
[15:19:33] <wrbtrader> Covered all Emini ES Short @ 3012.00 --> + 3
[15:19:42] <wrbtrader> trail stop picked
[15:20:19] <wrbtrader> Long Emini ES @ 3013.00 -> small size
[15:20:23] <wrbtrader> 1 contract
[15:20:40] <wrbtrader> Exited Emini ES Long @ 3010.50 --> - 2.5
[15:22:50] <wrbtrader> Shorts Emini ES @ 3007.50 -> large size
[15:23:01] <wrbtrader> 10 contracts
[15:23:14] <wrbtrader> Covered all Emini ES Short @ 3008.25 --> - 0.75
[15:23:29] <wrbtrader> Shorts Emini ES @ 3008.50 -> large size
[15:23:36] <wrbtrader> 10 contracts re-entry
[15:24:07] <wrbtrader> rolled the dice that it will take out the Low on increasing volatility
[15:24:17] <wrbtrader> New low
[15:24:30] <wrbtrader> trailing @ profit
[15:25:25] <wrbtrader> Circuit Breakers
[15:26:15] <wrbtrader> Covered all Emini ES Short @ 3001.75 --> + 6.75 [15:26:25] <wrbtrader> early exit
[15:26:28] <wrbtrader> panic exit
[15:26:49] <wrbtrader> I think the circuit breakers should be trying to kick in
[15:34:05] <wrbtrader> It hit -7.21%
[15:34:26] <wrbtrader> Confused about why the circuit breakers didn't kick in
[15:43:23] <wrbtrader> Talk on Stocktwits and Tradingview...the limit down was moved down to -13
[15:43:43] <wrbtrader> Yet, that can only happen AFTER a -7 limit down
[15:43:49] <wrbtrader> Hmmm...very confusing
[15:44:35] <wrbtrader> The issue...there was not limit down @ -7 % for a halt of 15mins
[15:46:21] <wrbtrader> Answer here @
https://www.cmegroup.com/trading/price- ... quityIndex[15:46:54] <wrbtrader> Essentially, we're in the time slot now that only the -20 % limit down will be used...
[15:47:09] <wrbtrader> That's crazy...a -20%
[15:53:26] <wrbtrader> dropped below the S area of the most recent Up WRB Hidden GAP interval
[15:54:32] <asuni> 180 points
[15:55:42] <wrbtrader> Shorts Emini ES @ 3003.50 -> large size
[15:55:54] <wrbtrader> 10 contracts
[15:57:21] <wrbtrader> trailing @ profit
[15:57:59] <wrbtrader> Covered all Emini ES Short @ 3003.00 --> + 0.5
[15:58:09] <wrbtrader> trail stop picked pocketed
[15:58:34] <wrbtrader> Long Emini ES @ 3008.00 -> small size
[15:58:40] <wrbtrader> 1 contract
[15:59:00] <wrbtrader> Exited Emini ES Long @ 3007.00 --> - 1
[15:59:33] <wrbtrader> Shorts Emini ES @ 3003.00 -> small size
[15:59:44] <wrbtrader> 3 contracts intuition
[16:00:26] <wrbtrader> Covered all Emini ES Short @ 3002.00 --> + 1
[16:00:49] <wrbtrader> tiny WRB pt1
[16:01:15] <wrbtrader> didn't see how contracted the prior intervals had been to make such a small WRB pt1 profit
[16:01:39] <wrbtrader> Long Emini ES @ 3011.00 -> small size
[16:01:45] <wrbtrader> 1 contract
[16:02:05] <wrbtrader> poor entry as a WRB
[16:02:32] <wrbtrader> Exited Emini ES Long @ 3011.25 --> + 0.25
[16:02:41] <wrbtrader>
[16:03:01] <wrbtrader> Thought it could run up to 3020 by bargain hunters
[16:03:05] <wrbtrader> didn't happen
[16:03:13] <wrbtrader> Take care all and see all tomorrow
Session Closed
Bloomberg Markets: The Close' Full Show (06/11/2020)
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M.A. Perry
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