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click on the above image to view today's price action of key markets [09:29:02] * Now talking in ##TheStrategyLab
[09:29:11] <wrbtrader> Good morning
[09:29:38] <wrbtrader> Today has a BIG KME...its the United States Inauguration Day of its new President
[09:29:51] <Tigerman______>
all
[09:29:51] <asuni>
[09:30:10] <asuni> do you have any stathistic?
[09:30:19] <Tigerman______> yep that event scheduled arond noon
[09:30:56] <Tigerman______> I m more interested how ES moves now
[09:31:24] <Tigerman______> I ll keep my session short
[09:31:54] <wrbtrader> The big up move occurred before the Open...did you trade it
??
[09:31:54] <Tigerman______> in contrast I ll note how market nehaves after that Kmeevent
[09:31:58] <wrbtrader> I did not
[09:32:47] <Tigerman______> no I no trade it
[09:34:01] <wrbtrader> Long Emini ES @ 3816.00 -> small size
[09:34:11] <wrbtrader> 3 contracts
[09:34:30] <wrbtrader> following the price action of Emini NQ
[09:35:13] <wrbtrader> Exited all Emini ES Long @ 3817.00 --> + 1
[09:35:19] <Tigerman______> lg ES @ 3714.25
[09:35:34] <wrbtrader> It should be able to reset up for a re-entry
[09:35:43] <Tigerman______> exit all ES @ 3717.25 +3
[09:35:51] <Tigerman______> Wrb pt1 reach
[09:36:11] <Tigerman______> enter via up vola increase in an Up trend
[09:36:35] <Tigerman______> yeah also NQ help me to enter in in
[09:36:39] <Tigerman______> in it
[09:37:00] <wrbtrader> Long Emini ES @ 3816.00 -> small size
[09:37:07] <wrbtrader> 3 contracts re-entry
[09:38:44] <wrbtrader> Exited all Emini ES Long @ 3815.50 --> - 0.5
[09:39:02] <wrbtrader> ES now being sluggish
[09:39:25] <Tigerman______> 2 long x me here 1loss 1 gain
[09:39:45] <Tigerman______> I ll report them amybe ater a 3rd trade
[09:41:14] <wrbtrader> volatility flat line now
[09:41:29] <Tigerman______> I did the 3rd trade just collect few ticks
[09:41:33] <Tigerman______> vola ugly again
[09:41:54] <wrbtrader> Emini ES still stuck inside the range of its most recent Up WRB Hidden Gap Interval
[09:43:28] <wrbtrader> Long Emini ES @ 3816.50 -> small size
[09:43:41] <wrbtrader> 3 contracts re-entry
[09:44:53] <Tigerman______> odd up move ... simply not such a good fashion in it
[09:45:13] <wrbtrader> Exited all Emini ES Long @ 3816.75 --> + 0.25
[09:46:14] <wrbtrader> volatility keeps trying to breakout but also stuck inside a range while Emini ES is stuck inside the range of its most recent Up WRB Hidden GAP interval
[09:47:09] <Tigerman______> yeah also look at some finacial and volatility intruments
[09:47:19] <wrbtrader> Long Emini ES @ 3818.25 -> small size
[09:47:23] <Tigerman______> deep in red
[09:47:40] <wrbtrader> 3 contracts chasing the breakout
[09:49:04] <wrbtrader> Exited all Emini ES Long @ 3819.75 --> + 1.5
[09:49:19] <wrbtrader> small WRB pt1 reached
[09:49:31] <wrbtrader> not willing to hold it longer for a bigger WRB pt1
[09:50:32] <Tigerman______> lg ES @ 3719.50
[09:50:56] <Tigerman______> exit all ES @ 3720.25 +.75
[09:53:28] <Tigerman______> wrbtrader.... all my trades are intuition so far
[09:53:37] <Tigerman______> today
[09:53:51] <Tigerman______> I do intuitions most of the time
[09:54:27] <Tigerman______> this year I ll review much deeper my trades and stats
[09:54:53] <Tigerman______> just wondering how much is strategy and how much is trader feel
[09:55:44] <asuni> i'm forcing myself to avoid any intuition trade
[09:56:01] <asuni> only in wrb zone, with great results
[09:56:29] <asuni> i drammatically reduced number of trades
[09:56:55] <Tigerman______> yeah seems I have to scp to be happy with my trading
[09:57:16] <Tigerman______> I mean I do lot of trades
[09:57:36] <Tigerman______> very stressful
[09:57:52] <Tigerman______> infcat I have to relax and wait for larger targets
[09:58:27] <wrbtrader> Emini NQ slowly drifting back to the R area of its most recent Up WRB Hidden GAP interval
[10:00:32] <wrbtrader> Long Emini ES @ 3819.25 -> small size
[10:00:34] <wrbtrader> 1 contract
[10:00:51] <Tigerman______> in contrast ES now testing res of most recent Down Wrb hg
[10:01:35] <wrbtrader> Exited Emini ES Long @ 3821.25 --> + 2 [10:01:47] <wrbtrader> WRB pt1 reached
[10:04:01] <Tigerman______> lg mES @ 3722.50
[10:04:33] <wrbtrader> surge in volatility
[10:04:48] <wrbtrader> it broke below its S area
[10:04:49] <Tigerman______> lg mES @ 3822.50
[10:04:52] <Tigerman______> typo before
[10:05:12] <wrbtrader> Eminis corresponding invert price reaction to the the breakout
[10:05:16] <Tigerman______> exit all mES @ 3823.75 +1.25
[10:17:30] <Tigerman______> up move
[10:17:38] <Tigerman______> good a long here
[10:18:00] <Tigerman______> I trade only mES now
[10:24:43] <Tigerman______> today another new fresh high
[10:24:58] <Tigerman______> so ES again at all time high
[10:38:00] <wrbtrader> Long Emini ES @ 3833.00 -> small size
[10:38:16] <wrbtrader> 2 contracts
[10:38:49] <wrbtrader> I will not be pushing any size today because of the type of KME...not appropriate.
[10:41:16] <wrbtrader> Exited all Emini ES Long @ 3833.75 --> + 0.75
[10:41:34] <wrbtrader> WRB pt1 reached but held it too long...trail stop picked
[10:47:25] <wrbtrader> Long Emini ES @ 3834.50 -> small size
[10:47:28] <wrbtrader> 1 contract
[10:48:44] <wrbtrader> Exited Emini ES Long @ 3834.00 --> - 0.5
[10:49:12] <Trendtrader>
all
[10:50:15] <Trendtrader> I will just be watching today.
[11:02:32] <wrbtrader> Reminder - Key in on the "First WRB Hidden GAP interval" after the Inauguration of Joe Biden as President on any time frame chart,
[11:18:25] <wrbtrader> Also, use that First WRB Hidden GAP interval to see if it will later qualify as a WRB Zone
[11:18:56] <wrbtrader> Yet, beause of the unusual KME...it can be used as a "pivot point"
[11:19:30] <wrbtrader> Literally until the next Inauguration Day...for 4 years
[11:22:31] <asuni> here mirc disconnected
[11:23:59] <wrbtrader> asuni...you on WiFi
??
[11:25:36] <wrbtrader> I think mIRC has a problem with WiFi...my recent disconnection problenms have all been on WiFi and not the Ethernet line
[11:26:45] <Tigerman______> wrbtrader... btw I m connected direct , just not sure if wi-fi can be ok x trading
[11:27:22] <wrbtrader> Sometimes I'm double connected...WiFi and Ethernet direct line
[11:27:28] <Tigerman______> I use it for everything else like Tv movies and so on
[11:29:31] <Tigerman______> seems I ll testing wi-fi for trading because I dont want be disconnected while in a trade
[11:29:31] <Tigerman______> I have good line
[11:36:15] <Tigerman______> take care all see next time
[11:36:27] <wrbtrader> Take care Tigerman
[11:53:33] <asuni> wrbtrader .....ethernet line
[12:19:02] <wrbtrader> ok
[12:22:36] <wrbtrader> Shorts Emini ES @ 3837.25 -> small size
[12:22:39] <wrbtrader> 1 contract
[12:23:03] <wrbtrader> early entry
[12:24:47] <wrbtrader> Covered Emini ES Short @ 3837.75 --> - 0.5
[12:54:03] <wrbtrader> Ok,..the inauguration finish now about 20mins ago
[12:56:10] <wrbtrader> missed the 3841.00 Long signal that bounced off the WRB Zone from of the First WRB Hidden GAP interval after the KME of the inauguration
[12:57:43] <wrbtrader> now retesting the R area
[12:58:05] <asuni> and div nq
[12:58:46] <wrbtrader> Long Emini ES @ 3841.50 -> small size
[12:58:58] <wrbtrader> 3 contracts
[13:01:31] <wrbtrader> small WRB pt1 reached
[13:03:10] <wrbtrader> Exited all Emini ES Long @ 3844.00 --> + 2.5 [14:28:20] <wrbtrader> Long Emini ES @ 3843.75 -> small size
[14:28:37] <wrbtrader> 3 contracts
[14:29:00] <wrbtrader> poor entry
[14:30:44] <wrbtrader> Exited all Emini ES Long @ 3844.75 --> + 1
[14:30:52] <wrbtrader> early exit
[14:30:57] <wrbtrader> not a WRB pt1
[14:31:19] <wrbtrader> had to take that profit early because of the poor entry
[14:31:51] <wrbtrader> 3845.50 is the R area I was hoping to get had I had a better entry price
[14:34:54] <wrbtrader> Long Emini ES @ 3846.25 -> small size
[14:35:10] <wrbtrader> 1 contract
[14:35:40] <wrbtrader> next R area @ 3847.25
[14:36:11] <wrbtrader> WRB pt1 reached
[14:36:47] <wrbtrader> Exited Emini ES Long @ 3847.25 --> + 1
[16:22:13] <wrbtrader> take care all
Session Close
Bloomberg Markets: The Close' Full Show (01/20/2020)
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