##TheStrategyLab Price Action Chat Room Logs

Session Start: Fri Jan 21 09:28:49 2022
Session Ident: #TheStrategyLab
[09:28:49] * Now talking in #TheStrategyLab
[09:33:10] <@wrbtrader> Long Emini ES @ 44612.00 -> small size
[09:33:24] <@wrbtrader> 3 contracts
[09:33:30] <@wrbtrader> chasing
[09:34:17] <@wrbtrader> Long Emini ES @ 4462.00 -> small size
[09:34:42] <@wrbtrader> 3 contracts
[09:35:52] <@wrbtrader> Exited all Emini ES Long @ 4467.50 --> + 5.5
[09:36:09] <@wrbtrader> trail stop picked
[09:37:36] <@wrbtrader> Shorts Emini ES @ 4463.75 -> small size
[09:37:44] <@wrbtrader> 2+1 contracts
[09:42:28] <@wrbtrader> Covered all Emini ES Short @ 4450.75 --> + 13
[10:07:48] <@wrbtrader> I forgot to post this...
[10:08:02] <@wrbtrader> CME Group Alert: MARKET EVENT
[10:08:02] <@wrbtrader> E-mini S&P 500 trades down 1% from its previous close
[10:08:02] <@wrbtrader> 5 hours after E-mini S&P 500 trades down 1% from its previous close has shown the most consistent results
[10:08:02] <@wrbtrader> On Jan 20, 08:49 PM, E-mini S&P 500 price declined 1% from its previous close. This has occured 23 times over the last 12 months.
[10:08:02] <@wrbtrader> 61% (14 out of these 23 times), the price has increased 5 hours later by an average of 19.93 points. The maximum price increase has been 48.25 points.
[10:08:02] <@wrbtrader> 9 times out of 23, the price has decreased 5 hours later by an average of 22.31 points. The maximum decrease in price has been 50.5 points.
[10:10:29] <@wrbtrader> still no reaction (WRB Hidden GAP interval) from the 1000am KME
[10:19:05] <@wrbtrader> VIX @ 27.95
[11:00:15] <@wrbtrader> Shorts Emini ES @ 4466.50 -> small size
[11:00:23] <@wrbtrader> 3 contracts
[11:03:41] <@wrbtrader> Covered all Emini ES Short @ 4463.00 --> + 3.5
[11:03:48] <@wrbtrader> bailed
[11:37:55] <@wrbtrader> Shorts Emini ES @ 4466.25 -> medium size
[11:37:58] <@wrbtrader> 5 contracts
[11:46:52] <@wrbtrader> Correlation Analysis: Key correlated markets still below 3 Key KME WRB Zones
[11:47:37] <@wrbtrader> another volatility spike right now
[12:09:07] <@wrbtrader> more contracting volatility showed up
[12:09:19] <@wrbtrader> I'm now expecting another volatility spike here soon
[12:11:19] <@wrbtrader> Shorts Emini ES @ 4443.75 -> medium size
[12:11:42] <@wrbtrader> Covered all Emini ES Short @ 4443.75 --> 0
[12:12:28] <@wrbtrader> Shorts Emini ES @ 4466.25 -> medium size
[13:04:21] <@wrbtrader> Covered all Emini ES Short @ 4432.50 --> + 33.75
Session Close: Fri Jan 21 14:16:20 2022

Session Start: Fri Jan 21 14:54:56 2022
Session Ident: #TheStrategyLab
[14:54:56] * Now talking in #TheStrategyLab
[15:03:20] <@wrbtrader> Shorts Emini ES @ 4410.25 -> medium size
[15:03:26] <@wrbtrader> 5 contracts
[15:04:30] <@wrbtrader> Key KME WRB Zone sitting below
[15:05:46] <@wrbtrader> increasing volatility
[15:09:34] <@wrbtrader> Covered all Emini ES Short @ 4395.25 --> + 15
[15:10:40] <@wrbtrader> now below the R area of the Key KME WRB Zone
[15:11:26] <@wrbtrader> VIX @ 29.15
[15:27:29] <@wrbtrader> Shorts Emini ES @ 4394.50 -> medium size
[15:27:41] <@wrbtrader> 5 contracts
[15:27:54] <@wrbtrader> back below the R area of the Key KME WRB Zone
[15:29:14] <@wrbtrader> now testing the S area
[15:30:09] <@wrbtrader> Covered all Emini ES Short @ 4391.25 --> + 3.25
[15:36:02] <@wrbtrader> Long Emini ES @ 4399.75 -> small size
[15:36:09] <@wrbtrader> 1 contract
[15:37:16] <@wrbtrader> Exited Emini ES Long @ 4398.75 --> - 1
[15:37:25] <@wrbtrader> back above the R area and in the range of a Long Upper Shadow interval
[15:38:30] <@wrbtrader> Long Emini ES @ 4400.25 -> small size
[15:38:38] <@wrbtrader> 1 contract
[15:38:44] <@wrbtrader> bouncing around the R area
[15:41:15] <@wrbtrader> Exited Emini ES Long @ 4415.50 --> + 15.25
[15:42:53] <@wrbtrader> wish I had a little more size on that Long position
[16:01:48] <@wrbtrader> A lot of big trades this week due to the increasing volatility...
[16:02:09] <@wrbtrader> Take care, have a nice weekend and see you on Monday