March 15th Wednesday: #wrbanalysis #wrbhiddengap #wrbzone #volatilityanalysis #correlationanalysis

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March 15th Wednesday: #wrbanalysis #wrbhiddengap #wrbzone #volatilityanalysis #correlationanalysis

#1 Post by wrbtrader »

[09:29:10] * Now talking in #TheStrategyLab
[09:29:10] * ChanServ sets mode: +o wrbtrader
09:29:48] <@wrbtrader> Good morning...
[09:30:14] <@wrbtrader> Europe banking stocks putting pressure on today's global markets
[09:30:45] <@wrbtrader> because Europe is reacting to what occurred to SVB in the United States
[09:32:42] <@wrbtrader> Long Emini ES @ 3891.75 -> large size
[09:32:53] <@wrbtrader> 10 contracts
[09:34:57] <@wrbtrader> Exited all Emini ES Long @ 3903.25 --> + 11.5
[09:35:07] <@wrbtrader> WRB pt1 reached
[09:56:58] <@wrbtrader> Shorts Emini ES @ 3887.50 -> small size
[09:57:10] <@wrbtrader> 3 contracts
[09:57:42] <@wrbtrader> I'm now back to my negative bias about today's markets because of what is happening in Europe
[09:58:50] <@wrbtrader> Covered all Emini ES Short @ 3887.50 --> 0
[09:59:00] <@wrbtrader> trail stop picked
[09:59:56] <@wrbtrader> This is a congestion area with a few Key KME WRB Zones very close to each other :(
[10:01:05] <@wrbtrader> Shorts Emini ES @ 3887.50 -> small size
[10:01:19] <@wrbtrader> 3 contracts re-entry
[10:02:33] <@wrbtrader> Covered all Emini ES Short @ 3890.25 --> - 2.75
[10:02:53] <@wrbtrader> trail stop picked :(
[10:03:12] <@wrbtrader> Shorts Emini ES @ 3886.00 -> small size
[10:03:17] <@wrbtrader> 3 contracts re-entry
[10:04:16] <@wrbtrader> Covered all Emini ES Short @ 3889.00 --> - 3
[10:04:21] <@wrbtrader> geeesh
[10:04:45] <@wrbtrader> bouncing up and down on that S area of the Key KME WRB Zone
[10:06:13] <@wrbtrader> Long Emini ES @ 3896.00 -> small size
[10:06:26] <@wrbtrader> 3 contracts
[10:08:30] <@wrbtrader> Exited all Emini ES Long @ 3902.25 --> + 6.25
[10:08:39] <@wrbtrader> trail stop picked
[10:09:49] <@wrbtrader> will wait for a breakout of the s/r level instead of trading inside of this tight trading range between the multiple Key KME WRB Zones
[10:12:12] <@wrbtrader> You know the markets were "very nervous / stressed" before the open when you see your broker changing margin requirements :)
[10:12:41] <@wrbtrader> back n forth between the overnight trading session and the regular trading session
[10:33:05] <@wrbtrader> price action still very nervous after he huge downtrend in the overnight trading session
[10:36:21] <@wrbtrader> Shorts Emini ES @ 3890.25 -> small size
[10:36:40] <@wrbtrader> 3 contracts
[10:36:49] <@wrbtrader> intuition trade
[10:41:21] <@wrbtrader> tough to decide when to tighten trail stop in this type of bouncing around nervous price action
[10:41:46] <@wrbtrader> Covered all Emini ES Short @ 3884.25 --> + 6
[10:41:59] <@wrbtrader> bailed...not a WRB pt1
[10:57:47] <@wrbtrader> This SVB chaos reveals clearly that the current era of "global digital finance" has a dark side to it :(
[10:58:54] <@wrbtrader> People today can easily move their money out of a bank very quickly from anywhere in the world that has an internet connection :)
[11:25:30] <@wrbtrader> nothing to bite on...any trade opportunity looks riskier as the day goes on :(
[12:44:36] <@wrbtrader> too many long shadow intervals today
[12:46:47] <@wrbtrader> Ok...I'm calling it quits early today with more risky (strange) volatility showing up along with my expectation that Europe will take action about what has happened to Credit Suisse to ensure stability.
[12:46:54] <@wrbtrader> Take care and see you tomorrow

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