[09:22:05] * Now talking in #ThestrategyLab
[09:22:05] * ChanServ sets mode: +o wrbtrader
[09:22:15] <@wrbtrader> Good morning
[09:23:04] <werner1> gm mark
[09:24:07] <werner1> yesterday i closed red ...dirty snapbacks up ...took al lot of stops here
[09:25:17] <werner1> bbl at 16.30
[09:28:22] <@wrbtrader> Shorts Emini ES @ 4007.00 -> medium size
[09:28:29] <@wrbtrader> 5 contracts
[09:31:31] <@wrbtrader> Covered all Emini ES Short @ 3997.50 --> + 9.5
[09:31:49] <@wrbtrader> WRB pt1 reached
[09:32:15] <@wrbtrader> poor entry...trade signal @ 4010.00
[09:32:56] <@wrbtrader> Thus, a 3 point chaser because I didn't have my workstations ready
[09:38:39] <TigerBoy___> gm all
[09:38:47] <TigerBoy___> open gap today
[09:38:54] <TigerBoy___> already filled
[09:39:11] <TigerBoy___> in SPY
[09:39:28] <TigerBoy___> I was trading before log in
[09:39:34] <TigerBoy___> in chat
[09:39:43] <TigerBoy___> all short via Dome signals
[09:40:18] <@wrbtrader> Tiger...you profitable in your Dome trading this morning ?
[09:40:25] <TigerBoy___> fast vola and nasty snap back up cause me exit fast on remainder to prevent price goes above my entry
[09:40:32] <TigerBoy___> yes
[09:40:52] <TigerBoy___> profitable ... just very stressfull
[09:41:01] <@wrbtrader> Snapback Up now in the Eminis
[09:41:13] <TigerBoy___> yep
[09:41:41] <TigerBoy___> what I did today was look at speed of sell order on book
[09:42:05] <TigerBoy___> usually I compensate for loss via increase size in next entry
[09:42:21] <TigerBoy___> I have some KEY area down there
[09:42:24] <TigerBoy___> not here
[09:42:34] <TigerBoy___> Kme in few minutes
[09:43:38] <TigerBoy___> problem with Dome trading is tto stresfull I want improve my skill on be more rlaxed and hang more minutes
[09:43:58] <TigerBoy___> expecially when price hit KEY areas
[09:45:04] <@wrbtrader> whoa
[09:45:14] <@wrbtrader> big volatility spike
[09:45:44] <@wrbtrader> on the Chicago PMI KME
[09:45:57] <TigerBoy___> yep I lost 4 points on that
[09:46:09] <TigerBoy___> too slow on entry and slow to exit
[09:46:25] <@wrbtrader> Crude Oil Imports KME up next around 1030am est
[09:50:41] <@wrbtrader> The WRB Hidden GAP intervals going UP are bigger than the prior WRB Hidden GAP intervals going Down
[09:51:01] <@wrbtrader> I'm starting to smell a Short Squeeze here soon
[09:51:34] <@wrbtrader> Long Emini ES @ 4014.50 -> small size
[09:51:47] <@wrbtrader> 3 contracts
[09:53:17] <@wrbtrader> Exited all Emini ES Long @ 4014.75 --> + 0.25
[09:53:22] <@wrbtrader> bailed
[09:53:28] <@wrbtrader> too jumpy for me
[09:57:30] <TigerBoy___> that big spike fater Kme ruined 70% of my gain
[09:58:10] <TigerBoy___> I recuped and be above that with some fast scalps
[09:58:30] <TigerBoy___> simply this jumpy action needs fast and furious action
[10:00:22] <TigerBoy___> today too fast action I m not able to post any trade
[10:01:15] <@wrbtrader> BIG swings Up and Down since 9:25am est...hints of a very nervous markets
[10:02:04] <@wrbtrader> At least the VIX is calm around 25.67 without any volatility spikes
[10:02:23] <TigerBoy___> yes inflation still going so rate rise seems sure
[10:02:51] <@wrbtrader> Yeah, inflation increasing in Europe
[10:03:20] <TigerBoy___> 16:02 @wrbtrader: At least the VIX is calm around 25.67 without any volatility spikes I have too big Wrb hg back to back 2min ago
[10:03:24] <@wrbtrader> growing economic problems in the world
[10:03:28] <TigerBoy___> Up wrb hg
[10:14:10] <werner1> back
[10:14:18] <@wrbtrader> nervous markets going into the 1030am est KME
[10:21:42] <TigerBoy___> price can rebound here via sell /buy pressure I m monitoring
[10:23:01] <TigerBoy___> lot of contraction now maybe is better wait after Kme
[10:25:54] <@wrbtrader> Support area building...it will hold or spike up big time
[10:26:21] <@wrbtrader> meant...breakdown big time or hold and spike up big time on the 1030am est KME
[10:26:39] <@wrbtrader> Simply, should produce a lot of volatility
[10:27:11] <TigerBoy___> yep I hope so ... too tired of this rubber band action
[10:34:54] <TigerBoy___> SH mES 3983.25 large
[10:35:19] <TigerBoy___> exit 1/3 @ 3982.75 +.50
[10:35:41] <TigerBoy___> exit all mES @ 3981.75 +1.50.
[10:36:36] <TigerBoy___> Kme not did anything
[10:36:55] <TigerBoy___> still contracting action lot of tails in any candle
[10:37:15] <TigerBoy___> VIX and other vola instruments too tight
[10:55:34] <@wrbtrader> This price action scares me now
[10:56:01] <TigerBoy___> thats good
[10:56:24] <TigerBoy___> because prevent us doing bad silly trades
[10:56:51] <@wrbtrader> Trading scare causes me to typically exit profitable trades very early with tiny profits
[10:57:16] <TigerBoy___> I learned after ton of money losss avoid congesting action
[10:57:24] <@wrbtrader> Theres a Key KME WRB Zone sitting below
[10:58:08] <TigerBoy___> 16:56 @wrbtrader: Trading scare causes me to typically exit profitable trades very early with tiny profits yeah that my situation also with better action
[10:58:19] <@wrbtrader> I have this abstract song in my head that I can't get rid of all morning...
[10:58:36] <TigerBoy___> which one ?
[10:58:43] <@wrbtrader> "Nobody is a Winner" or maybe its "Somebody is a loser"
[10:58:44] <@wrbtrader>
[10:59:11] <@wrbtrader> Its by a male singer...deep voice...jazz like
[10:59:32] <@wrbtrader> its bugging the hell out of me
[10:59:33] <TigerBoy___> never hear that
[11:00:10] <TigerBoy___> yeah some days I m fixated with some songs too
[11:01:39] <@wrbtrader> Shorts Emini ES @ 3982.00 -> medium size
[11:01:46] <@wrbtrader> 5 contracts
[11:02:20] <@wrbtrader> two earlier Shorts not posted resulted in trade losses
[11:04:04] <@wrbtrader> bs price action
[11:05:04] <@wrbtrader> Oil KMEs are notorius for stealing stops and then retracing back into the trade direction of your trade after the stop is stolen
[11:05:49] <@wrbtrader> caught in the prior two trades holding it too long in thinking it will retrace
[11:05:59] <TigerBoy___> simply no use stops
[11:06:21] <TigerBoy___> I no counsel that of course
[11:06:42] <@wrbtrader> volatility slowly creeping back up in the VIX
[11:06:44] <TigerBoy___> and I know you always use stops
[11:07:06] <@wrbtrader> one trade I did not
[11:08:00] <@wrbtrader> caught doing a different stop management...pulled the stop but didn't put it back in its trail position
[11:08:18] <@wrbtrader> still ANGRY about that loser
[11:08:24] <TigerBoy___> yep that occurs to me many times
[11:08:59] <TigerBoy___> simply we always hope it retrace bacj in our direction
[11:09:09] <TigerBoy___> bacj = back
[11:11:57] <@wrbtrader> bs games today or maybe I'm too sensitive about something in the market that I don't realize just yet
[11:12:44] <@wrbtrader> Its been many years since a trade has pissst me off so much
[11:15:24] <@wrbtrader> now trying hard to range on the S area of the Key KME WRB Zone
[11:16:13] <TigerBoy___> wrbtrader... my opinion market today is too tight contracted with fast jump here and there
[11:16:34] <TigerBoy___> those give lot of problems
[11:16:59] <TigerBoy___> also not every day is the same ... we can be tired
[11:17:25] <TigerBoy___> trading is so demanding .... wannabe trader simply do not realize that
[11:18:10] <TigerBoy___> I finish here my trades x today
[11:18:21] <@wrbtrader> Covered all Emini ES Short @ 3978.00 --> + 4
[11:18:22] <TigerBoy___> unless a magic move
[11:18:34] <@wrbtrader> punks
[11:18:44] <TigerBoy___> wow now I see you exited your position
[11:19:16] <TigerBoy___> I entered there after price retraced back with a short
[11:20:06] <werner1> this market is not my cup of thee ... did a lot of trades and now breakeven (
[11:20:27] <TigerBoy___> I exited my short after 30 seconds
[11:20:30] <werner1> yesterday red
[11:21:00] <TigerBoy___> avg gain 1.5 points
[11:21:58] <werner1> done
[11:22:06] <werner1> take care all
[11:22:19] <TigerBoy___> ok bye
[11:26:16] <@wrbtrader> Yeah...I'm done myself for the trading day
[11:26:37] <@wrbtrader> At a profit but I'm pisst off about a few things today with the market
[11:26:55] <@wrbtrader> stuff that strangely hasn't bothered me in a very long time
August 31st - Wednesday: #wrbanalysis #wrbhiddengap #wrbzone #volatilityanalysis #correlationanalysis
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