##TheStrategyLab Price Action Chat Room Logs

click on the above image to view today's price action of key markets

Bloomberg Markets: The Open Full Show (06/16/2020) @ https://www.bloomberg.com/news/videos/2020-06-16/-bloomberg-the-open-full-show-6-16-2020-video

[09:31:41] * Now talking in ##TheStrategyLab
[09:35:02] <wrbtrader> Crazy overnight / premarket price rise as a huge Short squeeze
[09:35:13] <wrbtrader> Its been awhile since I've seen something like that
[09:36:03] <asuni> now inside KME WRB
[09:36:17] <wrbtrader> Yep
[09:37:20] <wrbtrader> Long Emini ES @ 3133.75 -> small size
[09:37:22] <wrbtrader> 3 contracts early entry
[09:37:50] <Tigerman______> all
[09:38:04] <Tigerman______> Big Up open today
[09:38:17] <Tigerman______> a fast sell off at open
[09:38:32] <wrbtrader> Exited all Emini ES Long @ 3137.25 --> + 3.5
[09:38:34] <Tigerman______> good to expoit that if one was fast enought
[09:38:54] <wrbtrader> early exit
[09:38:59] <wrbtrader> Not a WRB pt1
[09:40:10] <Tigerman______> now price fight inside that KME WRB HG early
[09:41:12] <wrbtrader> Long Emini ES @ 3134.25 -> small size
[09:41:22] <wrbtrader> 3 contracts re-entry
[09:41:42] <wrbtrader> Exited all Emini ES Long @ 3132.25 --> - 2
[09:42:27] <wrbtrader> Long Emini ES @ 3133.00 -> small size
[09:42:36] <wrbtrader> 3 contracts re-entry
[09:42:51] <wrbtrader> Emini ES stuck in cement right now
[09:42:54] <wrbtrader>
[09:43:48] <wrbtrader> Should easily be at 3140 by now
[09:44:23] <wrbtrader> Exited all Emini ES Long @ 3133.25 --> + 0.25
[09:44:33] <wrbtrader> geeesh
[09:44:50] <Tigerman______> yeah glued here ...as I told a fight
[09:45:05] <wrbtrader> Long Emini ES @ 3133.00 -> small size
[09:45:11] <wrbtrader> 3 contracts
[09:45:24] <wrbtrader> in the range of a Long Upper Shadow interval
[09:47:07] <wrbtrader> Exited all Emini ES Long @ 3135.50 --> + 2.5
[09:47:16] <wrbtrader> trail picked pocketed
[09:49:12] <Tigerman______> hi wrbtrader did you some stats about exit with a trail hit vs exit with a portion at first spike or Wrb pt1 and then set the trail for the remainders
[09:49:28] <Tigerman______> like your last long
[09:50:12] <Tigerman______> I mean I try exit with 2/3 at 3138 the let the trail hit or exit with higher target
[09:50:20] <Tigerman______> not sure if I am clear
[09:51:21] <wrbtrader> Tigerman...I use to keep stats on that until I became ill
[09:51:32] <wrbtrader> back in 2016
[09:52:13] <Tigerman______> OK what frustrate me is reach a good target then price retrace against me
[09:52:18] <wrbtrader> Had about 10 years of stats on that but I lost it after I came home from the hospital.
[09:52:46] <Tigerman______> lost because OC crash or what
[09:52:53] <Tigerman______> OC=PC
[09:53:09] <wrbtrader> I had that data on a portable hard-drive
[09:53:44] <Tigerman______> just moving trail stops and exiting in more rounds is Very stressful
[09:53:46] <wrbtrader> After I returned home...couldn't find that small portable hard drive that has all my statistical analysis on it
[09:53:54] <Tigerman______> wow
[09:54:43] <Tigerman______> what I hate more is lose personal photo
[09:55:08] <Tigerman______> not sure if you know ...I like photo and media
[09:55:09] <wrbtrader> Long Emini ES @ 3129.00 -> large size
[09:55:12] <wrbtrader> 10 contracts
[09:55:44] <Tigerman______> I need find time to scan and put my old prints in digital
[09:56:31] <wrbtrader> I need some help now with this trade...need volatility to show up
[09:56:35] <Tigerman______> expecially tapes when I skating with pro
[10:00:15] <wrbtrader> Exited all Emini ES Long @ 3130.25 --> + 1.25
[10:00:37] <wrbtrader> trail stop picked
[10:00:58] <wrbtrader> Long Emini ES @ 3133.00 -> large size
[10:01:07] <wrbtrader> 10 contracts re-entry
[10:01:12] <wrbtrader> puncks
[10:01:31] <wrbtrader> stole my trail and then moved it back upwards
[10:02:09] <wrbtrader> Exited all Emini ES Long @ 3133.75 --> + 0.75
[10:02:17] <wrbtrader> trail picked again
[10:02:19] <wrbtrader> geeeesh
[10:03:06] <wrbtrader> I've been hammering at this so that I'll be on the Long when it takes out the 3140 level
[10:03:41] <wrbtrader> Just ranging now
[10:04:03] <wrbtrader> Maybe it ran out of energy from the early morning huge uptrend
[10:04:55] <Tigerman______> lg mES 3135
[10:05:11] <Tigerman______> exit all @ 3136 +1
[10:05:50] <Tigerman______> lg mES 3135
[10:06:00] <wrbtrader> Long Emini ES @ 3136.50 -> large size
[10:06:11] <wrbtrader> 10 contracts re-entry
[10:06:22] <wrbtrader> All higher highs on my entries
[10:06:24] <Tigerman______> exit all @ 3138 +3
[10:06:53] <Tigerman______> lg mES 3138
[10:07:27] <wrbtrader> where's the volatility
[10:07:29] <wrbtrader> geeeesh
[10:07:48] <Tigerman______> exit all @ 3138.75 +.75
[10:07:59] <Tigerman______> all above fast trades experimental
[10:08:06] <wrbtrader> Exited all Emini ES Long @ 3137.00 --> + 0.5
[10:08:13] <wrbtrader> trail pick
[10:08:57] <wrbtrader> VIX > 31 but declining (the problem area) along with a creeper slow decline in Market Breadth (flatline like)
[10:09:07] <wrbtrader> Simply, no juice in the market right now
[10:09:52] <Tigerman______> yep algos punch each others
[10:10:11] <wrbtrader> No more trades for me until it breaks out of this range that has been occuring since 0930am est
[10:16:09] <wrbtrader> Long Emini ES @ 3138.00 -> large size
[10:16:25] <wrbtrader> 10 contracts re-entry
[10:16:30] <wrbtrader> geeesh
[10:17:14] <wrbtrader> Will hold on for a WRB pt1
[10:19:18] <Tigerman______> lg mES @ 3139
[10:19:27] <wrbtrader> Exited all Emini ES Long @ 3139.25 --> + 1.25
[10:20:07] <Tigerman______> exit all @ 3139 +0
[10:20:28] <wrbtrader> was hoping some volatility would show up to punch it above the R area as a WRB pt1
[10:20:56] <wrbtrader> Instead, it tap out when it hit the R area
[10:21:12] <Tigerman______> sh mES @ 3134
[10:21:27] <wrbtrader> Shorts Emini ES @ 3131.00 -> large size
[10:21:37] <wrbtrader> 10 contracts chasing
[10:21:44] <Tigerman______> exit @ @ 3130 +4
[10:22:05] <wrbtrader> Covered all Emini ES Short @ 3132.00 --> - 1
[10:23:46] <wrbtrader> Shorts Emini ES @ 3134.50 -> large size
[10:23:49] <wrbtrader> 10 contracts re-entry
[10:25:32] <wrbtrader> Covered all Emini ES Short @ 3136.50 --> - 2
[10:26:16] <wrbtrader> Long Emini ES @ 3138.00 -> large size
[10:26:26] <wrbtrader> 10 contracts
[10:26:35] <wrbtrader> right back where I started
[10:28:42] <wrbtrader> Back at the R area...struggling again at it
[10:29:36] <wrbtrader> Market Depth still creeping lower
[10:32:15] <wrbtrader> Something has a lease on this price action...won't let it get above the R area of that Down WRB Hidden GAP interval
[10:33:24] <wrbtrader> trailing @ profit
[10:34:09] <wrbtrader> Exited all Emini ES Long @ 3139.50 --> + 1.5
[10:34:16] <wrbtrader> trail picked again
[10:36:56] <werner1> hi all
[10:38:59] <werner1> wow 50point sell nq
[10:40:43] <Tigerman______> sh mES 3123
[10:41:10] <Tigerman______> exit all @ 3121 +2
[10:41:57] <wrbtrader> Shorts Emini ES @ 3119.50 -> large size
[10:42:05] <wrbtrader> 10 contracts
[10:42:09] <wrbtrader> below the S area
[10:42:36] <wrbtrader> Covered all Emini ES Short @ 3119.00 --> + 0.5
[10:43:05] <wrbtrader> Shorts Emini ES @ 3121.00 -> large size
[10:43:17] <wrbtrader> 10 contracts re-entry
[10:43:40] <Tigerman______> sh mES 3117.50
[10:43:43] <wrbtrader> I'm being aggressive here now that its below the S area
[10:44:23] <Tigerman______> exit all @ 3114.50 +3
[10:45:44] <Tigerman______> sh mES 3112
[10:46:06] <wrbtrader> Covered all Emini ES Short @ 3110.50 --> + 10.5
[10:46:20] <Tigerman______> exit all @ 11.50 +50
[10:46:28] <Tigerman______> nice wrbtrader
[10:46:56] <wrbtrader> during this Pandemic...just Shorting the S areas has had the most success
[10:47:27] <wrbtrader> missed my entry @ 3124.00
[10:47:43] <Tigerman______> yep crazy volatility back then
[10:47:49] <wrbtrader> Thus, chased it down by 3 points
[10:48:17] <wrbtrader> it moved to fast for me to grab a 3124 entry
[10:51:21] <Tigerman______> sh mES 3112
[10:51:36] <Tigerman______> exit 2/3 @ 3130
[10:51:50] <Tigerman______> meant 3110 +2
[10:52:59] <Tigerman______> exit rem @ 3107.50 +5
[11:01:00] <Tigerman______> sh mES @ 3073
[11:01:57] <Tigerman______> exit all @ 3066 +7
[11:29:45] <werner1> cya
[11:45:40] <Tigerman______> ok finish this session
[11:45:46] <Tigerman______> take care all see next time
[11:50:29] <wrbtrader> That 30min of down from 1050am - 1100am est open things up but now the volatility is contracting again
[12:52:28] * Now talking in ##TheStrategyLab
[13:20:41] <wrbtrader> Long Emini ES @ 3125.50 -> small size
[13:20:44] <wrbtrader> 3 contracts
[13:21:19] <wrbtrader> Exited all Emini ES Long @ 3124.50 --> - 1
[13:21:48] <wrbtrader> Long Emini ES @ 3125.50 -> small size
[13:22:00] <wrbtrader> 3 contracts re-entry
[13:23:11] <wrbtrader> Exited all Emini ES Long @ 3124.75 --> - 0.75
[13:24:12] <wrbtrader> Long Emini ES @ 3123.75 -> small size
[13:24:14] <wrbtrader> 3 contracts re-entry
[13:25:54] <wrbtrader> Exited all Emini ES Long @ 3124.25 --> + 0.5
[13:26:28] <wrbtrader> 2nd series of trades today where I got caught in an obvious range
[13:26:39] <wrbtrader> while using stops too tight
[13:27:33] <wrbtrader> Long Emini ES @ 3123.50 -> small size
[13:27:44] <wrbtrader> 3 contracts
[13:27:49] <wrbtrader> better entry price
[13:29:56] <wrbtrader> Exited all Emini ES Long @ 3125.25 --> + 1.75
[13:36:09] <wrbtrader> testing the most recent reaction low
[13:36:47] <wrbtrader> Shorts Emini ES @ 3117.75 -> small size
[13:36:50] <wrbtrader> 3 contracts
[13:37:04] <wrbtrader> now below
[13:37:49] <wrbtrader> Covered all Emini ES Short @ 3114.00 --> + 3.75
[13:37:59] <wrbtrader> small WRB pt1 reached
[15:23:27] <wrbtrader> Long Emini ES @ 3101.75 -> small size
[15:23:34] <wrbtrader> 1 contract
[15:31:40] <wrbtrader> Exited Emini ES Long @ 3107.25 --> + 5.5
[15:32:07] <wrbtrader> trail stop picked as soon as I moved it up from 3104 to 3107.25
[15:32:28] <wrbtrader> Long Emini ES @ 3107.75 -> small size
[15:32:37] <wrbtrader> 1 contract re-entry
[15:32:46] <wrbtrader> intuition
[15:33:04] <wrbtrader> small WRB pt1 reached
[15:35:38] <wrbtrader> Exited all Emini ES Long @ 3112.50 --> + 4.75
[15:38:11] <wrbtrader> Long Emini ES @ 3110.00 -> small size
[15:38:16] <wrbtrader> 1 contract re-entry
[15:38:58] <wrbtrader> Exited Emini ES Long @ 3108.00 --> - 2
[15:38:58] <wrbtrader> Reverse and Enter Short Emini ES @ 3108.00
[15:39:05] <wrbtrader> 1 contract
[15:40:17] <wrbtrader> Covered Emini ES Short @ 3108.25 --> - 0.25
[15:43:52] <wrbtrader> Shorts Emini ES @ 3102.00 -> small size
[15:44:01] <wrbtrader> 3 contracts
[15:45:20] <wrbtrader> Covered all Emini ES Short @ 3101.50 --> + 0.5
[15:46:05] <wrbtrader> Shorts Emini ES @ 3103.50 -> small size
[15:46:14] <wrbtrader> 3 contracts re-entry
[15:46:52] <wrbtrader> Covered all Emini ES Short @ 3103.25 --> + 0.25
[15:47:38] <wrbtrader> back above the R area of the most recent Down WRB Hidden GAP interval
[15:49:22] <wrbtrader> Shorts Emini ES @ 3101.25 -> small size
[15:49:42] <wrbtrader> 3 contracts on the S area breakdown in Emini NQ futures
[15:50:07] <wrbtrader> Covered all Emini ES Short @ 3103.75 --> - 2.5
[15:50:52] <wrbtrader> Long Emini ES @ 3109.00 -> small size
[15:51:02] <wrbtrader> snapback
[15:51:09] <wrbtrader> 3 contracts
[15:51:22] <wrbtrader> Exited all Emini ES Long @ 3107.00 --> - 2
[15:51:56] <wrbtrader> Shorts Emini ES @ 3101.00 -> small size
[15:52:07] <wrbtrader> 3 contracts
[15:53:02] <wrbtrader> Covered all Emini ES Short @ 3100.50 --> + 0.5
[15:53:44] <wrbtrader> Shorts Emini ES @ 3101.00 -> small size
[15:53:55] <wrbtrader> 3 contracts
[15:54:00] <wrbtrader> getting more jumpy
[15:55:23] <wrbtrader> Covered all Emini ES Short @ 3101.00 --> 0
[15:56:04] <wrbtrader> Long Emini ES @ 3103.00 -> large size
[15:56:11] <wrbtrader> 10 contracts
[15:56:16] <wrbtrader> pesty booger
[15:56:53] <wrbtrader> Exited all Emini ES Long @ 3103.50 --> + 0.5
[15:57:16] <wrbtrader> Long Emini ES @ 3106.00 -> large size
[15:57:31] <wrbtrader> 10 contracts re-entry
[15:58:46] <wrbtrader> Exited all Emini ES Long @ 3106.75 --> + 0.75
[15:58:51] <wrbtrader> (
[15:58:53] <wrbtrader> geeesh
[15:59:35] <wrbtrader> Long Emini ES @ 3106.50 -> large size
[15:59:41] <wrbtrader> trying to move up the range of the most recent Long Upper Shadow interval
[15:59:48] <wrbtrader> 10 contracts
[16:00:37] <wrbtrader> Exited all Emini ES Long @ 3114.00 --> + 7.5
[16:02:16] <wrbtrader> tough trades to the Long side...the snapbacks killed most of those trades until the last one
[16:02:26] <wrbtrader> Take care all and see all tomorrow
Session Closed

Bloomberg Markets: The Close' Full Show (06/16/2020) @ https://www.bloomberg.com/news/videos/2020-06-16/-bloomberg-markets-the-close-full-show-6-16-2020-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.


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:

CME Emini Futures EMD, ES and NQ

CME Emini RTY Futures (formerly ICE TF)

CBOT mini-sized Dow Futures YM

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

Eurex Index Derivatives (futures) DAX and DJ Euro Stoxx50

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

Euronext Futures FTSE-100 and CAC-40

CME Futures EuroFX 6E and EC

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

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

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

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

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

S&P CNX NIFTY Futures

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

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

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

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

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

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

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

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

Note: chat logs saved (timestamp) from Québec, 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
@ http://twitter.com/wrbtrader @ http://stocktwits.com/wrbtrader
@ https://www.tradingview.com/u/wrbtrader

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