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 Post subject: October 8th Thurs - #futures #forex #stocks #trading
 Post Posted: Thu Oct 08, 2020 10:14 am 
Trader / Forum Admin

Joined: Tue Dec 16, 2008 1:02 am
Posts: 2956
Location: Canada
100820-TheStrategyLab-Chat-Room-Key-Markets.png [ 5.44 MiB | Viewed 2 times ]

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

Bloomberg Markets: The Open Full Show (10/08/2020) @ https://www.bloomberg.com/news/videos/2020-10-08/-what-d-you-miss-full-show-10-08-2020-video

[09:30:54] * Now talking in ##TheStrategyLab
[09:35:08] <wrbtrader> Shorts Emini ES @ 3427.00 -> large size
[09:35:14] <wrbtrader> 10 contracts
[09:36:26] <wrbtrader> Covered all Emini ES Short @ 3426.00 --> + 1
[09:36:31] <wrbtrader> :(
[09:37:15] <wrbtrader> Shorts Emini ES @ 3427.00 -> large size
[09:37:17] <wrbtrader> 10 contracts re-entry into the rodeo
[09:38:44] <Tigerman______> gm all
[09:39:31] <wrbtrader> Covered all Emini ES Short @ 3426.75 --> + 0.25
[09:40:33] <wrbtrader> Long Emini ES @ 3428.50 -> large size
[09:40:38] <wrbtrader> 10 contracts
[09:40:58] <wrbtrader> early entry
[09:41:17] <wrbtrader> Exited all Emini ES Long @ 3426.75 --> - 1.75
[09:41:55] <wrbtrader> Shorts Emini ES @ 3426.50 -> large size
[09:42:04] <wrbtrader> 10 contracts intuition
[09:42:34] <wrbtrader> need to hold this one
[09:42:47] <wrbtrader> NQ now breaking down
[09:43:26] <wrbtrader> Covered all Emini ES Short @ 3426.50 --> 0
[09:43:33] <wrbtrader> punks :(
[09:43:41] <wrbtrader> trail stop picked
[09:43:59] <wrbtrader> correlation now suddenly bad
[09:44:33] <wrbtrader> Shorts Emini ES @ 3428.00 -> large size
[09:44:40] <wrbtrader> 10 contracts
[09:45:10] <wrbtrader> now expecting a volatility spike to get the correlations back in line
[09:45:49] <asuni> cemented
[09:46:01] <wrbtrader> Covered all Emini ES Short @ 3427.75 --> + 0.25
[09:46:25] <wrbtrader> :(
[09:47:08] <wrbtrader> Shorts Emini ES @ 3427.00 -> large size
[09:47:14] <wrbtrader> 10 contracts re-entry
[09:47:36] <wrbtrader> correlations back in line
[09:48:32] <wrbtrader> WRB pt1 reached
[09:49:07] <wrbtrader> Covered all Emini ES Short @ 3425.25 --> + 1.75
[09:49:15] <wrbtrader> trail stop picked
[09:49:23] <wrbtrader> B.S. price action
[09:50:50] <wrbtrader> Emini ES futures should have dropped like a rock but someone didn't allow it to happen
[09:51:38] <Tigerman______> wrbtrader.. I did lot of trades since today open..
[09:51:52] <Tigerman______> yeah price is very difficult
[09:52:08] <wrbtrader> How many trades and in what ?
[09:52:10] <Tigerman______> simply only FEW can survive this
[09:52:37] <Tigerman______> amazing how you are able to exit with small loss
[09:53:03] <Tigerman______> and still able to pick up some points here and there
[09:55:26] <wrbtrader> Snapback UP
[09:56:09] <wrbtrader> Tigerman...How many trades and in what ?
[09:58:05] <wrbtrader> Tigerman...I'm trigger happy or fincky finger in adjusting my trail stops closer to the entry price soon after trade entry especially when the price action is "JUMPY"
[09:58:10] <Tigerman______> ESmini 12 roundturn
[09:58:25] <wrbtrader> Oh...you stopped trading the DAX ?
[09:58:48] <Tigerman______> no I trade that in few minutes open market EU
[09:59:02] <wrbtrader> Shorts Emini ES @ 3431.00 -> large size
[09:59:05] <Tigerman______> re-started this week after long timr
[09:59:08] <wrbtrader> 10 contracts
[10:00:05] <Tigerman______> today not traded Dax
[10:00:12] <wrbtrader> Covered all Emini ES Short @ 3432.50 --> - 1.5
[10:00:26] <wrbtrader> Short Squeeze
[10:01:44] <wrbtrader> Shorts Emini ES @ 3431.50 -> large size
[10:01:53] <wrbtrader> 10 contracts re-entry
[10:02:27] <wrbtrader> I can't ignore those Long Upper Shadow intervals after a Short Squeeze
[10:03:18] <wrbtrader> wow
[10:03:23] <wrbtrader> what just happen
[10:03:41] <wrbtrader> Covered all Emini ES Short @ 3424.75 --> + 6.75
[10:03:56] <wrbtrader> WRB pt1 reached on the sudden volatility spike
[10:04:21] <wrbtrader> now trying to Snapback Up
[10:05:23] <wrbtrader> Actually...back inside the range of that opening difficult price area between 3426 - 3427
[10:05:57] <Tigerman______> yep it is clearly a mess lot of tail in that area
[10:06:11] <Tigerman______> in first 20 minutes since open
[10:06:51] <wrbtrader> If this snapback UP all the way up to those recent Long Upper Shadow intervals...
[10:06:59] <wrbtrader> I'll call it quits early for the day
[10:07:09] <wrbtrader> Too much manipulation
[10:07:34] <Tigerman______> yeah mee too
[10:07:57] <Tigerman______> also low liquidity so easy shake up via algos
[10:17:47] <Tigerman______> price reached the res of recent dark WRB HG
[10:34:44] <Tigerman______> ok I call it quits here
[10:34:50] <Tigerman______> take care all see next time
[10:39:21] <wrbtrader> Emini ES futures retraced back up to the range of that prior Long Upper Shadow interval
[10:39:54] <wrbtrader> too much manipulation via snapbacks and jumpy price action for me
[10:40:05] <wrbtrader> I'm calling it quits here
[10:40:12] <wrbtrader> Take care and see all tomorrow
Session Close

Bloomberg Markets: The Close' Full Show (10/08/2020) @ https://www.bloomberg.com/news/videos/2020-10-09/-bloomberg-markets-the-close-full-show-10-08-2020-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 trade alert 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

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Business Hours: 8am - 5pm est (Mon - Fri)
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