##TheStrategyLab Price Action Chat Room Logs

[09:31:46] * Now talking in #TheStrategyLab
[09:33:06] <TigerBoy_> all
[09:33:17] <@wrbtrader> Shorts Emini ES @ 4226.75 -> small size
[09:33:22] <TigerBoy_> ES around support of past Key level
[09:33:26] <@wrbtrader> 3 contracts
[09:33:42] <@wrbtrader> Good morning
[09:33:58] <TigerBoy_> hi
[09:34:00] <@wrbtrader> correction...
[09:34:26] <@wrbtrader> Shorts Emini ES @ 4626.75 -> small size
[09:35:53] <@wrbtrader> Emini ES futures crossed below the R area of the Key KME WRB Zone
[09:36:25] <TigerBoy_> yep fully agree
[09:36:36] <@wrbtrader> looks like it may try to drop down to the S area of that Key KME WRB Zone
[09:38:40] <TigerBoy_> VIX @ 21.40
[09:39:19] <@wrbtrader> Yeah and the VIX had a big Gap UP on the Open
[09:39:26] <werner1>
[09:39:29] <TigerBoy_> hi
[09:40:59] <TigerBoy_> SH mES 4629.75 10 pz
[09:41:24] <@wrbtrader> Covered all Emini ES Short @ 4621.50 --> + 5.25
[09:41:27] <TigerBoy_> late post entry around 9:31
[09:41:42] <@wrbtrader> bailed...will try for a re-entry at a better price
[09:41:46] <TigerBoy_> exit 1/2 4629 +.75
[09:42:11] <TigerBoy_> exit all mES @ 4626.75 +3
[09:42:12] <@wrbtrader> in reference to my exit
[09:42:36] <@wrbtrader> Shorts Emini ES @ 4618.50 -> small size
[09:42:39] <TigerBoy_> SH mES @ 4624.25
[09:42:42] <@wrbtrader> 3 contracts
[09:42:47] <@wrbtrader> poor entry
[09:43:01] <TigerBoy_> exit all mES @ 4622.25 +2
[09:43:10] <TigerBoy_> all late post
[09:43:38] <TigerBoy_> simply I try hard to doc here my entries not so easy
[09:44:00] <TigerBoy_> importand to say it broken a Key support
[09:44:19] <TigerBoy_> 5 pz in my last entry
[09:44:52] <TigerBoy_> not fully prepared to trade today via many things to fix and others to care for
[09:45:11] <@wrbtrader> Emini ES now retesting the S area
[09:45:16] <TigerBoy_> anyway able to see markets hit this Key area
[09:45:52] <@wrbtrader> price action now below the S area
[09:50:22] <@wrbtrader> Covered all Emini ES Short @ 4607.25 --> + 11.25
[09:50:50] <TigerBoy_> SH mES 4610 pa pz @ 9:48
[09:50:54] <@wrbtrader> Price action now trying hard to find some legs to stand up on
[09:52:05] <@wrbtrader> CME Group Alert: E-mini S&P 500 trades down 1% from its previous close...
[09:52:17] <TigerBoy_> exit all mES ò 4610 +0
[09:52:25] <@wrbtrader> On Jan 10, 08:35 AM, E-mini S&P 500 price declined 1% from its previous close. This has occured 27 times over the last 12 months.
[09:52:25] <@wrbtrader> 63% (17 out of these 27 times), the price has increased 5 hours later by an average of 20.87 points. The maximum price increase has been 51.75 points.
[09:52:25] <@wrbtrader> 10 times out of 27, the price has decreased 5 hours later by an average of 22.98 points. The maximum decrease in price has been 50.5 points.
[09:52:34] <TigerBoy_> SH mES @ 4610 20 pz re-entry
[09:52:54] <TigerBoy_> exit all mES @ 4607.50 +2.50
[09:54:07] <TigerBoy_> NQ going around another Key area from late summer
[10:02:47] <TigerBoy_> SH mES 4598.75
[10:03:07] <TigerBoy_> exit 1/2 @ 4598 +.75
[10:03:31] <TigerBoy_> exit all mES @ 4595.50 +3.25
[10:03:41] <TigerBoy_> lot bouncing
[10:06:45] <werner1> Long Emini NQ @ 15240
[10:07:16] <werner1> Exited all Emini NQ Long @ 15253 --> + 13
[10:07:24] <werner1> @wrb pt1
[10:08:26] <werner1>
[10:13:51] <TigerBoy_> SH mES @ 4592.50 6 pz support breaks
[10:14:18] <TigerBoy_> exit 1/2 @ 4691.50 +1
[10:14:58] <TigerBoy_> exit all mES @ 4685.25 +7.25
[10:15:08] <TigerBoy_> Wrb pt1 reach
[10:17:26] <@wrbtrader> VIX @ 22.72
[10:19:29] <TigerBoy_> ES more then 200 points drop from top few days ago
[10:20:10] <TigerBoy_> 300 points in NQ
[10:42:55] <werner1> back
[10:46:07] <werner1> Long Emini NQ @ 1571.25
[10:46:28] <werner1> Exited all Emini NQ Long @ 15177.50 --> + 13606.25
[10:46:40] <werner1> Long Emini NQ @ 15171.25
[10:46:57] <werner1> Exited all Emini NQ Long @ 15177.50 --> + 6.25
[10:49:12] <werner1> Shorts Emini NQ @ 15168.50
[10:49:43] <werner1> Covered all Emini NQ Short @ 15155 --> + 13.5
[10:49:58] <werner1> @wrb pt1
[10:50:20] <TigerBoy_> SH mES @ 4678.50 7 pz
[10:50:37] <TigerBoy_> entry around 10:48
[10:50:54] <TigerBoy_> exit 1/2 4578 +.50
[10:51:31] <TigerBoy_> exit all mES @ 4574.75 +3.75
[10:52:15] <TigerBoy_> I just post this way ... in reality I usually scale out multiple times
[10:54:42] <werner1> ok
[10:56:03] <TigerBoy_> yeah unless a direct soft link between platform and chat is very difficult post afst trades
[10:56:43] <werner1> indd thats why i post after the trade is done
[10:56:45] <TigerBoy_> it is ok for slower ones, plus it is too distracting anyway
[10:57:50] <TigerBoy_> best use on chat is document what is not written in trade platform
[10:58:41] <TigerBoy_> also an alert to say to the others .... hey market is going to run ... be fast and buy anything )
[10:58:55] <werner1> lol
[11:05:06] <werner1> Long Emini NQ @ 15194.25
[11:05:15] <werner1> Exited all Emini NQ Long @ 15203.25 --> + 9
[11:06:23] <werner1> Long Emini NQ @ 15213.00
[11:06:33] <werner1> Exited all Emini NQ Long @ 15222.00 --> + 9
[11:12:05] <werner1> done ...see you all tomorrow
[11:13:31] <TigerBoy_> ok bye
[11:29:53] <TigerBoy_> ok I exit here
[11:30:00] <TigerBoy_> take care all see next time
[13:13:20] <@wrbtrader> Emini futures stuck between two Key KME WRB Zones
[13:13:56] <@wrbtrader> Emini ES futures is closer to the one above current price action
[13:14:35] <@wrbtrader> Long Emini ES @ 4607.25 -> small size
[13:14:39] <@wrbtrader> 3 contracts
[13:23:52] <@wrbtrader> Emini ES futures has now moved UP to cross back above the S area of the Key KME WRB Zone...games by the algos still occurring.
[13:24:54] <@wrbtrader> Exited all Emini ES Long @ 4614.00 --> + 6.75
[13:25:10] <@wrbtrader> WRB pt1 reached above the S area
[13:41:50] <@wrbtrader> Long Emini ES @ 4614.00 -> small size
[13:42:01] <@wrbtrader> 3 contracts
[14:05:48] <@wrbtrader> Emini ES futures now above the R area of the Key KME WRB Zone
[14:07:47] <@wrbtrader> Exited all Emini ES Long @ 4636.25 --> + 22.25
[14:08:29] <@wrbtrader> be right back...
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[14:11:22] * Now talking in #TheStrategyLab
[15:16:52] <@wrbtrader> Long Emini ES @ 4630.25 -> small size
[15:16:55] <@wrbtrader> 3 contracts
[15:17:15] <@wrbtrader> bouncing around the R area
[15:18:24] <@wrbtrader> Exited all Emini ES Long @ 4631.00 --> + 0.75
[15:18:32] <@wrbtrader> bailed
[15:19:07] <@wrbtrader> Long Emini ES @ 4631.25 -> small size
[15:19:10] <@wrbtrader> 2 contracts
[15:19:19] <@wrbtrader> re-entry
[15:19:21] <@wrbtrader> intuition
[15:20:38] <@wrbtrader> ugly snapback
[15:20:39] <@wrbtrader>
[15:25:40] <@wrbtrader> Exited all Emini ES Long @ 4632.00 --> + 0.75
[15:25:49] <@wrbtrader> bailed...too much of a rodeo ride trade.
[15:26:18] <@wrbtrader> moving up the range of the most recent Long Upper Shadow interval
[15:48:35] <@wrbtrader> snapback almost caught me
[15:49:07] <@wrbtrader> Long Emini ES @ 4643.25 -> small size
[15:49:16] <@wrbtrader> 2 contracts
[15:49:41] <@wrbtrader> Exited all Emini ES Long @ 4644.00 --> + 0.75
[15:49:45] <@wrbtrader> bailed
[15:50:45] <@wrbtrader> Long Emini ES @ 4647.00 -> small size
[15:50:53] <@wrbtrader> 2 contracts re-entry
[15:51:23] <@wrbtrader> the chop is big
[15:54:33] <@wrbtrader> I'm playing the stats here that it will move higher
[15:59:20] <@wrbtrader> Exited all Emini ES Long @ 4661.25 --> + 14.25
[15:59:52] <@wrbtrader> Take care and see you tomorrow