Login    Forum    Search    FAQ



Post new topic Reply to topic Bookmark and Share  [ 1 post ] 
Author Message
 Post subject: October 29th Thurs - #futures #forex #stocks #trading
 Post Posted: Thu Oct 29, 2020 10:51 am 
Offline
Trader / Forum Admin

Joined: Tue Dec 16, 2008 1:02 am
Posts: 3326
Location: Canada
Attachment:
102920-TheStrategyLab-Chat-Room-Key-Markets.png
102920-TheStrategyLab-Chat-Room-Key-Markets.png [ 5.85 MiB | Viewed 156 times ]

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

Bloomberg Markets: The Open Full Show (10/29/2020) @ https://www.bloomberg.com/news/videos/2020-10-29/-bloomberg-the-open-full-show-10-29-2020-video

[09:25:45] * Now talking in ##TheStrategyLab
[09:47:36] <wrbtrader> Europe Coronavirus raging, U.S. Coronavirus raging, No Stimulus Deal in the U.S. and today a record breaking GDP in the U.S.
[09:47:43] <wrbtrader> Should be a rodeo ride today
[09:49:34] <Tigerman______> gm all
[09:49:54] <Tigerman______> wow Big imbalance today after open in US markets
[09:50:21] <Tigerman______> I m just late and miss 2 big movements
[09:50:48] <wrbtrader> Its going to be a rodeo ride today...there will be more big movements
[09:50:55] <Tigerman______> usually they know that and moves strong when I m not here :)
[09:51:10] <wrbtrader> VIX @ 39.88
[09:51:50] <wrbtrader> Brokers have changed their margins rules (increased)
[09:52:13] <wrbtrader> Long Emini ES @ 3270.25 -> large size
[09:52:21] <wrbtrader> 10 contracts
[09:53:07] <wrbtrader> Exited all Emini ES Long @ 3271.50 --> + 1.25
[09:54:41] <wrbtrader> Long Emini ES @ 3273.00
[09:54:50] <wrbtrader> 10 contracts re-entry
[09:55:06] <wrbtrader> intuition
[09:55:45] <wrbtrader> Exited all Emini ES Long @ 3278.50 --> + 5.5
[09:55:54] <wrbtrader> WRB pt1 reached
[10:03:22] <Tigerman______> pandemic continue hit in the world
[10:03:48] <Tigerman______> Germany seems a bit in advantage vs others in EU
[10:04:13] <Tigerman______> they start lockdown when their numbers are lower vs others
[10:04:47] <Tigerman______> problem is people do not realize this is hard pandemic :(
[10:05:32] <Tigerman______> doctors start to be exausted
[10:08:03] <wrbtrader> Two big moves today so far...Down then Up begin as a contradictiono in trade signals
[10:08:29] <wrbtrader> Thus, both Short and Long signals showed up in the Down move and then again in the Up move
[10:08:59] <Tigerman______> yeah agreed
[10:12:59] <wrbtrader> Shorts Emini ES @ 3276.00 -> large size
[10:13:04] <wrbtrader> 10 contracts
[10:14:10] <wrbtrader> WRB pt1 reached
[10:14:32] <wrbtrader> Covered all Emini ES Short @ 3271.50 --> + 4.5
[10:23:40] <wrbtrader> Amazing...United Kindgom only has about 66 million but 105k infections per day compared to the United States population 350 million with a peak of 80k infections per day
[10:23:52] <wrbtrader> Europe is getting overwhelmed
[10:24:36] <Tigerman______> seems too much !!! I ll check it now
[10:25:11] <wrbtrader> Scary that these are the statistics going into the winter months and holiday season
[10:25:49] <wrbtrader> The world will either bunker down now or fall apart to make Christmas holidays a death zone
[10:26:18] <Tigerman______> wrbtrader UK has 20k a day
[10:26:33] <Tigerman______> similar spain france
[10:26:50] <Tigerman______> Italy and Germany lags behind
[10:27:00] <Tigerman______> regardless scary numbers
[10:27:30] <wrbtrader> People are freaking out...my sister in France called me early this morning to talk about the anger there and some crazy guy killed people at a Notre Dame church in Nice
[10:27:36] <Tigerman______> best treatement is in Germany for who needs hospitals
[10:27:56] <Tigerman______> yeah that is another sad story :(
[10:28:06] <wrbtrader> I think Germany will go on a one month lockdown
[10:29:07] <Tigerman______> istitutions too slowly to declare lockdowns
[10:29:40] <Tigerman______> simply they are more interested in vote then people health :(
[10:35:12] <wrbtrader> contracting with a bearish signal...
[10:35:24] <wrbtrader> A Short Squeeze could show up here
[10:36:17] <wrbtrader> Shorts Emini ES @ 3288.25 -> large size
[10:36:24] <wrbtrader> 10 contracts
[10:36:36] <wrbtrader> ready to reverse if needed
[10:37:17] <wrbtrader> Covered Emini ES Short @ 3289.00 --> - 0.75
[10:37:17] <wrbtrader> Reverse and Enter Long Emini ES @ 3289.00
[10:39:15] <wrbtrader> Exited all Emini ES Long @ 3293.25 --> + 4.25
[10:39:23] <wrbtrader> WRB pt1 reached
[11:03:38] <Tigerman______> ok finish x today
[11:03:44] <Tigerman______> take care all see next week
[11:26:57] <wrbtrader> Long Emini ES @ 3295.50 -> large size
[11:27:08] <wrbtrader> 10 contracts
[11:27:35] <wrbtrader> will be a tough trade
[11:28:16] <wrbtrader> Exited all Emini ES Long @ 3297.00 --> + 1.5
[11:28:37] <wrbtrader> small WRB pt1 reached
[11:29:37] <wrbtrader> Shorts Emini ES @ 3293.75 -> large size
[11:29:40] <wrbtrader> 10 contracts
[11:30:06] <wrbtrader> volatility spike out of nowhere
[11:31:34] <wrbtrader> Covered all Emini ES Short @ 3287.50 --> + 6.25
[11:31:42] <wrbtrader> WRB pt1 reached
[11:32:07] <asuni> i think u'd never think to take 6 points in short trades before the spike
[11:37:07] <wrbtrader> There was a Short signal but I didn't trust it and expected it to Short Squeeze...
[11:37:37] <asuni> short signal before the dark wrb?
[11:37:46] <wrbtrader> reason why I looked for a Long entry but then it suddenly rolled over back into the range of that prior Short signal...I jumped on the Short
[11:38:11] <wrbtrader> Short signal around 1120am est
[11:38:37] <wrbtrader> It then suddenly contracted and I suspected a Short Squeeze will show up...
[11:38:51] <wrbtrader> It did squeeze and I went Long
[11:39:13] <wrbtrader> After the WRB pt1 was reached...I then waited...it suddenly dropped out of nowhere
[11:39:38] <wrbtrader> Back down into the range of the prior Short signal on dramatically increasing volatility
[11:39:58] <wrbtrader> a lot better than the prior Short that was contracting in volatility
[11:42:14] <wrbtrader> Shorts Emini ES @ 3287.50 -> large size
[11:42:20] <wrbtrader> 10 contracts
[11:42:25] <wrbtrader> poor entry
[11:43:44] <wrbtrader> WRB pt1 reached
[11:44:04] <wrbtrader> Covered all Emini ES Short @ 3283.25 --> + 4.25
[11:52:54] <wrbtrader> S&P 500, Nasdaq rise after upbeat economic data (Reuters) @ https://www.reuters.com/article/us-usa- ... SKBN27E1WY
[11:53:38] <wrbtrader> Only positive news today but its enough so far to keep the markets up today
[11:54:04] <wrbtrader> Just barely...Dow only +15.00
[11:58:38] <wrbtrader> Shorts Emini ES @ 3278.75 -> small size
[11:58:44] <wrbtrader> 1 contract
[11:59:14] <wrbtrader> Covered Emini ES Short @ 3281.00 --> - 2.25
[11:59:18] <wrbtrader> punks
[11:59:49] <wrbtrader> poor entry...missed the 3284.00 entry signal
[12:00:14] <wrbtrader> Long Emini ES @ 3285.00 -> small size
[12:00:22] <wrbtrader> 1 contract
[12:01:15] <wrbtrader> Exited Emini ES Long @ 3283.75 --> - 1.25
[12:01:40] <wrbtrader> I thought it was going to be a weird price action in this area...
[12:01:45] <wrbtrader> so far it is :(
[12:02:57] <wrbtrader> Long Emini ES @ 3282.00 -> small size
[12:03:00] <wrbtrader> 3 contracts
[12:05:32] <wrbtrader> Exited all Emini ES Long @ 3280.00 --> - 2
[12:06:05] <wrbtrader> tought price area
[12:07:10] <wrbtrader> Long Emini ES @ 3282.00 -> large size
[12:07:13] <wrbtrader> 10 contracts
[12:07:33] <wrbtrader> gotta hold this up to the R area
[12:09:59] <wrbtrader> Exited all Emini ES Long @ 3283.00 --> + 1
[12:10:12] <wrbtrader> :(
[12:10:18] <wrbtrader> tight trail stop picked
[12:10:44] <wrbtrader> still a small WRB pt1
[12:13:08] <wrbtrader> Long Emini ES @ 3282.75 -> large size
[12:13:22] <wrbtrader> correction...
[12:13:43] <wrbtrader> Long Emini ES @ 3283.50 -> large size
[12:14:26] <wrbtrader> small WRB pt1 reached
[12:17:52] <wrbtrader> lower highs :(
[12:18:16] <wrbtrader> needs to fight that
[12:18:33] <wrbtrader> 3290 will do that fight
[12:21:49] <wrbtrader> toughest trade of the day
[12:24:52] <wrbtrader> Exited all Emini ES Long @ 3286.75 --> + 3.25
[12:25:02] <wrbtrader> trail stop picked
[12:25:17] <wrbtrader> will not chase a re-entry
[12:25:27] <wrbtrader> too tough of a price area
[12:26:37] <wrbtrader> that trade mentally exhausting
[12:26:43] <wrbtrader> be back later
[15:46:48] <wrbtrader> Long Emini ES @ 3317.75 -> large size
[15:47:00] <wrbtrader> 10 contracts
[15:47:05] <wrbtrader> poor entry
[15:47:35] <wrbtrader> Whoa...
[15:47:42] <wrbtrader> volatility spike out of nowhere
[15:48:12] <wrbtrader> Exited all Emini ES Long @ 3323.00 --> + 5.25
[15:48:23] <wrbtrader> WRB pt1 reached
[15:58:05] <wrbtrader> Shorts Emini ES @ 3313.25 -> small size
[15:58:14] <wrbtrader> 2 contracts
[15:58:38] <wrbtrader> missed 3315.00
[15:58:42] <wrbtrader> too much analysis
[15:58:51] <wrbtrader> and not reacting
[15:59:37] <wrbtrader> volatility spike
[15:59:43] <wrbtrader> WRB pt1 reached
[16:00:02] <wrbtrader> Covered all Emini ES Short @ 3301.75 --> + 11.5
[16:00:21] <wrbtrader> Crazy Crazy Crazy
[16:01:04] <wrbtrader> Rodeo Ride Today
[16:01:55] <wrbtrader> Take care all and see you tomorrow
Session Close

Bloomberg Markets: The Close' Full Show (10/29/2020) @ https://www.bloomberg.com/news/videos/2020-10-30/-bloomberg-markets-the-close-full-show-10-29-2020-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:

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 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.htm
TheStrategyLab Price Action Trading
Image@ http://twitter.com/wrbtrader Image@ http://stocktwits.com/wrbtrader
Image@ https://www.tradingview.com/u/wrbtrader

Phone: +1 224 307-4434
Business Hours: 8am - 5pm est (Mon - Fri)
Skype Messenger: kebec2002
wrbanalysis@gmail.com (24/7)


Top 
 Profile E-mail  
 
Display posts from previous:  Sort by  
 
Post new topic Reply to topic Bookmark and Share  [ 1 post ] 


Who is online

Users browsing this forum: No registered users and 2 guests

 
 

 
You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
You cannot post attachments in this forum

Search for:
Jump to:  
cron
Translated by Xaphos © 2007, 2008, 2009 phpBB.fr