May 3rd Friday: #wrbanalysis #wrbhiddengap #wrbzone #volatilityanalysis #correlationanalysis

These are #TheStrategyLab chat room logs that we use to post our thoughts and trades from one trade to the next trade while using WRB Analysis.

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wrbtrader
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May 3rd Friday: #wrbanalysis #wrbhiddengap #wrbzone #volatilityanalysis #correlationanalysis

#1 Post by wrbtrader »

[09:29:56] * Now talking in #TheStrategyLab
[09:29:57] * ChanServ sets mode: +o wrbtrader
[09:37:43] <TigerBoy____> gm all
[09:37:46] <@wrbtrader> May 3rd Friday 2024
[09:37:51] <@wrbtrader> Good morning
[09:38:01] <TigerBoy____> gm to you
[09:42:01] <@wrbtrader> Huge strange 0830am pm volatility spike that sent prices higher on the less than expected U.S. Job growth report @ https://www.cnbc.com/2024/05/03/jobs-re ... april.html
[09:42:51] <@wrbtrader> Long Emini ES @ 5151.25 -> large size
[09:42:54] <@wrbtrader> 10 contracts
[09:43:02] <@wrbtrader> intuition
[09:45:36] <@wrbtrader> Exited all Emini ES Long @ 5154.75 --> + 3.5
[09:45:49] <@wrbtrader> bailed...not a WRB pt1
[09:46:05] <@wrbtrader> weird price action
[09:46:15] <TigerBoy____> yep
[09:46:28] <TigerBoy____> expecially that odd spike
[10:01:30] <@wrbtrader> crazy volatlity movements
[10:01:50] <@wrbtrader> I'm lowering my position size down to small because of the weirdness in the price action
[10:02:44] <@wrbtrader> Shorts Emini ES @ 5149.50 -> small size
[10:02:46] <@wrbtrader> 3 contracts
[10:04:04] <@wrbtrader> Covered all Emini ES Short @ 5143.75 --> + 5.75
[10:04:23] <@wrbtrader> bailed...not a WRB pt1...lucky trade
[10:18:14] <TigerBoy____> price range up/down around R from Kme
[10:18:25] <@wrbtrader> Yep
[10:18:27] <TigerBoy____> i did ton of fast trdes around there
[10:18:50] <TigerBoy____> lot of tension ... too stressful
[10:19:03] <@wrbtrader> Shorts Emini ES @ 5139.50 -> small size
[10:19:08] <@wrbtrader> 3 contracts
[10:21:51] <@wrbtrader> Covered all Emini ES Short @ 5134.00 --> + 5.5
[10:22:03] <@wrbtrader> Ok...I'm calling it quits here for the day
[10:22:20] <@wrbtrader> Take care, have a nice weekend and see you on Monday
[10:23:51] <TigerBoy____> ok I ll do the same in minutes
[10:24:11] <TigerBoy____> take you too and see you next week
[10:47:02] * Disconnected

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