Attachment:
112020-TheStrategyLab-Key-Markets.png [ 3.18 MiB | Viewed 170 times ]
click on the above image to view today's price action of key markets Bloomberg Markets: The Open Full Show (11/20/2020)
@ https://www.bloomberg.com/news/videos/2020-11-20/-bloomberg-the-open-full-show-11-20-2020-video[09:34:06] * Now talking in ##TheStrategyLab
[09:34:07] ##TheStrategyLab url is
http://www.thestrategylab.com/tsl/forum/[09:34:40] <wrbtrader> Good morning
[09:34:51] <asuni> Good morning
[09:37:19] <wrbtrader> strange correlations in the Emini futures this morning
[09:37:34] <wrbtrader> Long Emini ES @ 3572.75 -> small size
[09:37:45] <wrbtrader> 3 contracts
[09:39:28] <wrbtrader> Exited all Emini ES Long @ 3573.75 --> + 1
[09:39:41] <wrbtrader> early exit...not a WRB pt1
[09:39:59] <Tigerman______> hi all
[09:40:06] <asuni>
tigerman
[09:40:07] <Tigerman______> disgusting price action
[09:40:13] <asuni> lol
[09:40:23] <Tigerman______> I hate when price moves like that
[09:40:32] <Tigerman______> makes me puke really
[09:41:15] <wrbtrader>
[09:42:32] <wrbtrader> Pending KME @ 1000am our time but in Europe its the Consumer Confidence
[09:43:09] <wrbtrader> I think its the first time I seen the KME calendar show Europes Consumer Confidence index
[09:43:22] <wrbtrader> Usually it was only the United States Consumer Confidence
[09:44:34] <Tigerman______> yeah... regardless if you see in recents years not so good no optimism at all
[09:44:49] <Tigerman______> so ugly confidence
[09:52:52] <Tigerman______> NQ on its own now
[10:06:02] <wrbtrader> Long Emini ES @ 3569.25 -> small size
[10:06:05] <wrbtrader> 3 contracts
[10:06:49] <wrbtrader> Exited all Emini ES Long @ 3571.00 --> + 1.75
[10:07:14] <wrbtrader> WRB pt1 reached above the R area of the most recent Long Upper Shadow interval
[10:10:37] <wrbtrader> Shorts Emini ES @ 3570.75 -> large size
[10:10:40] <wrbtrader> 10 contracts
[10:10:47] <wrbtrader> early entry
[10:12:30] <wrbtrader> Covered all Emini ES Short @ 3565.25 --> + 5.5 [10:12:34] <wrbtrader> WRB pt2 reached
[10:17:50] <Tigerman______> NQ again off sunc
[10:17:55] <Tigerman______> sync
[11:14:22] <wrbtrader> Shorts Emini ES @ 3572.50 -> large size
[11:14:25] <wrbtrader> 10 contracts
[11:14:50] <wrbtrader> Emini ES very sluggish in reacting to other key markets
[11:15:02] <wrbtrader> one of the reasons why the correlations are bad today
[11:15:49] <wrbtrader> Covered all Emini ES Short @ 3572.50 --> 0
[11:16:07] <wrbtrader> Shorts Emini ES @ 3572.50 -> large size
[11:16:20] <wrbtrader> 10 contracts re-entry
[11:19:56] <wrbtrader> Covered all Emini ES Short @ 3570.75 --> + 1.75
[11:20:05] <wrbtrader> small WRB pt1 reached
[11:20:36] <wrbtrader> I hate this type of slow moving price action in Eminin ES futures when other key markets are moving normally
[11:20:38] <Tigerman______> too slow action x me
[11:21:03] <Tigerman______> I hate it too
[11:31:39] <wrbtrader> Long Emini ES @ 3574.00 -> large size
[11:31:47] <wrbtrader> 10 contracts
[11:31:51] <wrbtrader>
[11:31:54] <wrbtrader> trade error
[11:32:09] <wrbtrader> Exited all Emini ES Long @ 3574.25 --> + 0.25
[11:32:27] <wrbtrader> seeing things not there
[11:36:14] <wrbtrader> strange
[11:36:35] <wrbtrader> Be back later...key markets on different planets today
[11:38:27] <wrbtrader> Ok...back...
[11:38:36] <asuni> lol
[11:38:38] <wrbtrader> Will take lunch later.
[11:38:46] <asuni> very quick :-)
[11:38:50] <wrbtrader> Just got a price alert
[11:39:49] <Tigerman______> yeah seems more Algos manage positions
[11:40:05] <Tigerman______> one things is write in stone today x me...
[11:40:20] <Tigerman______> Avoid this junk price action
[11:40:35] <Tigerman______> I already close my platform
[11:40:50] <Tigerman______> simply I ll exit in minutes
[11:41:23] <Tigerman______> seems calm after news few days ago about vacine
[11:41:49] <wrbtrader> Shorts Emini ES @ 3574.50 -> large size
[11:41:57] <wrbtrader> 10 contracts
[11:42:22] <Tigerman______> just sad some countries got Big toll on people
[11:42:29] <wrbtrader> NQ pushing below a S area...now testing another S area
[11:43:19] <wrbtrader> ES still lagging today
[11:45:01] <wrbtrader> Covered all Emini ES Short @ 3572.50 --> + 2 [11:45:12] <wrbtrader> WRB pt1 reached
[11:45:19] <wrbtrader> Ok...now I can go to lunch
[11:45:23] <wrbtrader> Be back later
[11:45:57] <Tigerman______> good lunch
[11:46:21] <Tigerman______> take care all see next week have a safe weekend all
[11:46:31] <asuni> bye
[15:16:08] <wrbtrader> Just got back...seeing some weird quotes...
[15:16:51] <wrbtrader> For example...AAPL down today -8184 points
[15:16:54] <wrbtrader>
[15:17:20] <wrbtrader> I had to look multiple times to see that the data vendor forgot the period (.)
[15:17:33] <wrbtrader> Thus, -81.84
[15:17:37] <wrbtrader>
[15:18:45] <wrbtrader> another S area broken
[15:18:57] <wrbtrader> now snapping back Up
[15:21:10] <wrbtrader> Shorts Emini ES @ 3558.25 -> large size
[15:21:16] <wrbtrader> 10 contracts
[15:22:05] <wrbtrader> Covered all Emini ES Short @ 3559.50 --> - 1.25
[15:22:18] <wrbtrader> Tried following Emini NQ down the range of the most recent Long Lower Shadow interval
[15:22:41] <wrbtrader> NQ still creeping lower but ES going upwards
[15:22:58] <wrbtrader> correlation problems still looks like is still persisting today
[15:23:15] <wrbtrader> Usually leads to a big volatility spike
[15:24:48] <wrbtrader> Shorts Emini ES @ 3560.25 -> large size
[15:24:50] <wrbtrader> 10 contracts
[15:25:46] <wrbtrader>
[15:26:04] <wrbtrader> Covered all Emini ES Short @ 3560.50 --> - 0.25
[15:26:17] <wrbtrader> Long Emini ES @ 3561.00 -> large size
[15:26:23] <wrbtrader> 10 contracts
[15:26:37] <wrbtrader> should have done a position reversal
[15:28:38] <wrbtrader> geeesh
[15:29:01] <wrbtrader> Exited all Emini ES Long @ 3561.25 --> + 0.25
[15:29:29] <wrbtrader> Expected a big move...directional
[15:29:32] <wrbtrader> Didn't happpen
[15:30:00] <wrbtrader> Shorts Emini ES @ 3559.75 -> large size
[15:30:10] <wrbtrader> 10 contracts intuition
[15:30:26] <wrbtrader> jumping around
[15:32:08] <wrbtrader> Covered all Emini ES Short @ 3559.50 --> + 0.25
[15:32:35] <wrbtrader> What the hell is wrong with ES today...its having a lot of difficulty in keeping pace with the other Emini futurues...sluggish
[15:55:29] <wrbtrader> Shorts Emini ES @ 3557.50 -> large size
[15:55:36] <wrbtrader> 10 contracts
[15:55:45] <wrbtrader> don't let me down NQ
[15:56:33] <wrbtrader> Covered all Emini ES Short @ 3557.25 --> + 0.25
[15:56:41] <wrbtrader> punks
[15:57:08] <wrbtrader> Shorts Emini ES @ 3557.00 -> large size
[15:57:17] <wrbtrader> 10 contracts re-entry
[15:58:01] <wrbtrader> Covered all Emini ES Short @ 3556.75 --> + 0.25
[15:58:12] <wrbtrader> Ok...I quit
[15:58:48] <wrbtrader> Just getting caught in crappy price action
[15:59:22] <wrbtrader> Take care all, have a nice week and see you on Monday (nest week is statistically a volatile week)
Session Close
Bloomberg Markets: The Close' Full Show (11/20/2020)
@ https://www.bloomberg.com/news/videos/2020-11-21/-bloomberg-markets-the-close-full-show-11-20-2020-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.
Quote:
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:
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.htmNote: 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.htmTheStrategyLab Price Action Trading
@ http://twitter.com/wrbtrader @ http://stocktwits.com/wrbtrader @ https://www.tradingview.com/u/wrbtraderPhone: +1 224 307-4434
Business Hours: 8am - 5pm est (Mon - Fri)
Skype Messenger: kebec2002
wrbanalysis@gmail.com (24/7)