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click on the above image to view today's price action of key markets Bloomberg Markets: The Open Full Show (06/23/2020)
@ https://www.bloomberg.com/news/videos/2020-06-23/-bloomberg-the-open-full-show-6-23-2020-video [09:19:54] * Now talking in ##TheStrategyLab
[09:30:38] <wrbtrader> Shorts Emini ES @ 3133.00 -> large size
[09:30:48] <wrbtrader> 10 contracts
[09:31:12] <wrbtrader> intuition
[09:31:53] <asuni> same entry, already exit at 3130,75
[09:32:05] <wrbtrader> Covered all Emini ES Short @ 3131.75 --> + 1.25
[09:32:10] <wrbtrader> small WRB pt1 reached
[09:32:22] <asuni> entered at the support of up WRB
[09:33:05] <wrbtrader> Shorts Emini ES @ 3131.00 -> large size
[09:33:13] <wrbtrader> 10 contracts re-entry
[09:34:45] <wrbtrader> Covered all Emini ES Short @ 3130.75 --> + 0.25
[09:35:04] <wrbtrader> tight trail stop picked
[09:35:25] <wrbtrader> Shorts Emini ES @ 3129.50 -> large size
[09:35:39] <wrbtrader> 10 contracts re-entry
[09:36:08] <wrbtrader> Covered all Emini ES Short @ 3130.50 --> - 1
[09:36:27] <wrbtrader> too many Long Lower Shadow intervals showing up
[09:37:55] <wrbtrader> Long Emini ES @ 3132.25 -> large size
[09:37:58] <wrbtrader> 10 contracts early entry
[09:39:17] <wrbtrader> cement
[09:40:00] <wrbtrader> Exited all Emini ES Long @ 3135.25 --> + 3
[09:40:13] <wrbtrader> not a WRB pt1
[09:40:16] <wrbtrader> early exit
[09:40:30] <wrbtrader> got some problems here at home
[09:40:36] <wrbtrader> be right back later
[10:13:49] <Tigerman______>
all
[10:14:00] <asuni> m Tigerman
[10:14:03] <asuni>
[10:14:14] <Tigerman______> hi
[10:14:28] <Tigerman______> today busy since open
[10:15:07] <Tigerman______> simply no time to post considering busy with fast trades
[10:15:32] <Tigerman______> what I complain is no liquidity in markets
[10:15:43] <Tigerman______> expecially on NQ side
[10:16:17] <Tigerman______> every day worst x fast trades
[10:17:50] <Tigerman______> impressive recup from recent low in NQ
[10:18:12] <Tigerman______> yeah I have to try some bottom pick trades sometimes
[10:23:33] <werner1> hi all...fyi ..did some trades...and done here...onlt watch now
[10:23:42] <werner1> only
[10:23:44] <asuni> hi werner
[10:23:58] <werner1> hi asuni
[10:24:38] <Tigerman______> hi
[10:24:54] <werner1> hi tigerman
[10:25:29] <Tigerman______> New all time high in NQ today
[10:25:35] <werner1> yep
[10:25:48] <werner1> gogo
[10:25:49] <Tigerman______> very dangerous for investors
[10:26:09] <werner1> we will see
[10:26:11] <Tigerman______> I mean it can ride more or crash
[10:27:20] <Tigerman______> simply not a nice level to go long
[10:28:04] <werner1> can be indd but daily profit counts
...dont think.....
[10:28:35] <Tigerman______> I talk of course investos side
[10:28:41] <Tigerman______> investors
[10:28:48] <werner1> ok
[10:29:06] <Tigerman______> simply it will not so easy forever sustain artificial prices
[10:29:46] <Tigerman______> trading is different
[10:30:59] <Tigerman______> werner...have you hard time in got a fill in yours NQ usually?
[10:31:18] <Tigerman______> not sure if you trade 1 contract or higher size
[10:32:14] <werner1> no i trade normaly 1 contract...sometimes more
[10:32:57] <Tigerman______> ok because I find more difficult in NQ have a fill vs ES
[10:33:16] <Tigerman______> it moves fast bigger spread bid/ask
[10:33:42] <werner1> yeah your write
[10:33:46] <wrbtrader> I have the same investments since the early 90's for my retirement...
[10:34:22] <Tigerman______> hi wrbtrader
[10:34:36] <wrbtrader> I added more shares when the dot com bubble collapsed the market and again added more shares during the 2008 - 2010 global financial fiasco
[10:34:58] <wrbtrader> Yet, I did not add more shares when the markets sold off in March
[10:35:15] <werner1> yeah i can remeber
[10:35:34] <wrbtrader> Pandemics like this are a "Black Swan Event"
[10:35:39] <Tigerman______> yeah the problem is when you buy too early when price are still high
[10:35:57] <wrbtrader> Never traded thru something like this...didn't want to risk my investments
[10:36:07] <werner1> thats investment tigerman
[10:36:13] <wrbtrader> Glad most have bounced back
[10:37:19] <Tigerman______> yes werner problem is .... it needs years before you only be at same level as you enter years before
[10:37:31] <werner1> investment is for the long run ...isnt it?
[10:37:55] <Tigerman______> how long
NQ did bad for over 15 years
[10:38:12] <wrbtrader> I see any hold more than 1 year as some kind of an investment
[10:38:45] <Tigerman______> plus can be ok if you are very skilled and able to build good portolio
[10:39:33] <Tigerman______> we also hve to consider money loss in purchase power
[10:39:58] <werner1> what i mean i was a invester and i dont want to be that any more...daytrading that is why i am here
[10:40:36] <Tigerman______> yeah to different areas
[10:40:50] <werner1> and
every night very well
[10:41:32] <Tigerman______> trading is a work ... investor with very low risk ... smooth investor with high risk less
[10:42:06] <Tigerman______> yeah daytrading you can be flat everyday
[10:43:11] <werner1> yep lose or win ...flat is a very good feeling...for me!!
[10:43:42] <werner1> ok done ...take care ...cya
[10:43:53] <Tigerman______> resuming my talk is : investor side these prices lead uneducated savers in high risk territory
[10:44:07] <Tigerman______> bye
[10:44:34] <werner1>
[10:46:03] <Tigerman______> wrbtrader... you no trade today via markets action or just personal reasons
[10:46:47] <Tigerman______> sh mNQ 10204
[10:47:27] <Tigerman______> exit all mNQ @ 10203 +1
[10:49:42] <wrbtrader> I
[10:49:58] <wrbtrader> I have already traded...you must have showed up late
[10:50:06] <wrbtrader> Had to take a break
[10:50:23] <wrbtrader> You must have logged in late while I was taking a break
[10:50:46] <Tigerman______> ah yeah I showed up late...infact was busy with my trading then open chat
[10:51:15] <Tigerman______> I did the same infact now I update docs and leave
[10:52:05] <wrbtrader> Ok
[11:07:32] <wrbtrader> Emini ES futures in the range of a WRB Zone
[11:08:34] <asuni> and contracting volattility
[11:12:59] <asuni> looking at price action about 10 minutes ago, we could see a lower low of the congestion phase and then a breakout volatility
[11:13:04] <asuni> we could
[11:14:17] <Tigerman______> ok finish this session x today
[11:14:20] <wrbtrader> Shorts Emini ES @ 3131.75 -> small size
[11:14:28] <wrbtrader> 1 contract
[11:14:28] <Tigerman______> take care all see next time
[11:17:03] <wrbtrader> Covered all Emini ES Short @ 3134.00 --> - 2.25
[11:20:16] <wrbtrader> Shorts Emini ES @ 3134.00 -> small size
[11:20:38] <wrbtrader> 3 contracts re-entry / early entry
[11:21:58] <wrbtrader> Covered all Emini ES Short @ 3134.50 --> - 0.5
[11:22:22] <wrbtrader> Short squeeze
[11:22:42] <wrbtrader> Long Emini ES @ 3136.00 -> small size
[11:22:50] <wrbtrader> 3 contracts
[11:25:32] <wrbtrader> Exited all Emini ES Long @ 3140.50 --> + 4.5 [11:26:54] <wrbtrader> WRB pt1 reached
[12:04:51] <wrbtrader> strange price contraction
[12:07:36] <wrbtrader> Shorts Emini ES @ 3138.00 -> small size
[12:07:38] <wrbtrader> 1 contract
[12:08:13] <wrbtrader> small WRB pt1 reached
[12:08:35] <wrbtrader> Covered Emini ES Short @ 3136.25 --> + 1.75
[12:35:09] * Now talking in ##TheStrategyLab
[13:50:23] <wrbtrader> Long Emini ES @ 3143.00 -> small size
[13:50:34] <wrbtrader> 3 contracts
[13:52:07] <wrbtrader> stop hunting
[13:52:20] <wrbtrader> Exited all Emini ES Long @ 3140.50 --> - 2.5
[13:57:17] <wrbtrader> Shorts Emini ES @ 3141.50 -> small size
[13:57:20] <wrbtrader> 3 contracts
[13:57:56] <wrbtrader> trying hard to move down the range of its most recent Long Lower Shadow interval
[13:59:18] <wrbtrader> Covered all Emini ES Short @ 3140.75 --> + 0.75
[14:00:44] <wrbtrader> Shorts Emini ES @ 3138.75 -> small size
[14:00:54] <wrbtrader> 3 contracts re-entry
[14:02:13] <wrbtrader> Covered all Emini ES Short @ 3135.75 --> + 3
[14:02:16] <wrbtrader> WRB pt1 reached
[14:02:46] <wrbtrader> Shorts Emini ES @ 3135.50 -> small size
[14:02:53] <wrbtrader> 3 contracts re-entry
[14:03:09] <wrbtrader> intuition
[14:03:39] <wrbtrader> Covered all Emini ES Short @ 3136.00 --> - 0.5
[14:06:23] <wrbtrader> Shorts Emini ES @ 3135.25 -> small size
[14:06:33] <wrbtrader> 3 contracts re-entry
[14:06:53] <wrbtrader> Emini NQ is tough to follow right now
[14:08:36] <wrbtrader> Covered all Emini ES Short @ 3135.00 --> + 0.25
[14:22:55] <wrbtrader> Long Emini ES @ 3138.00 -> small size
[14:23:06] <wrbtrader> 3 contracts
[14:27:40] <wrbtrader> Exited all Emini ES Long @ 3138.25 --> + 0.25
[14:27:58] <wrbtrader> going nowhere
[15:50:58] <wrbtrader> Shorts Emini ES @ 3118.75 -> large size
[15:51:28] <wrbtrader> 10 contracts
[15:52:19] <wrbtrader> Covered all Emini ES Short @ 3116.00 --> + 2.75
[16:00:21] <wrbtrader> Take care all and see all tomorrow
Session Closed
Bloomberg Markets: The Close' Full Show (06/24/2020)
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