May 16th Thursday: #wrbanalysis #wrbhiddengap #wrbzone #volatilityanalysis #correlationanalysis
Posted: Thu May 16, 2024 10:41 am
[08:34:00] * Now talking in #TheStrategyLab
[08:34:00] * ChanServ sets mode: +o wrbtrader
[08:34:20] <@wrbtrader> May 16th Thursday, 2024
[08:36:32] <@wrbtrader> Shorts Emini ES @ 5336.00 -> large size
[08:51:45] <@wrbtrader> 10 contracts
[08:58:49] <@wrbtrader> Covered all Emini ES Short @ 5333.00 --> + 3
[09:33:03] <TigerBoy____>
all
[09:33:19] <TigerBoy____> price well above KEY areas in my charts
[09:33:28] <TigerBoy____> plus a bit off sync
[09:38:37] <@wrbtrader> Hi Tiger
[09:39:02] <TigerBoy____> HI Wrbtrader
[09:43:05] <@wrbtrader> Shorts Emini ES @ 5334.75 -> large size
[09:43:08] <@wrbtrader> 10 contracts
[09:43:31] <@wrbtrader> Emini ES lagging too much to other key markets
[09:48:06] <@wrbtrader> now trying hard to contract
[09:48:17] <@wrbtrader> contract in its volatility
[09:50:11] <@wrbtrader> Covered Emini ES Short @ 5335.50 --> - 0.75
[09:50:11] <@wrbtrader> Reverse and Enter Long Emini ES @ 5335.50
[09:53:16] <TigerBoy____> LG mNQ @ 18708 small
[09:53:49] <TigerBoy____> exit all mNQ @ 18710.50 +2.50
[09:54:00] <TigerBoy____> just a tiny position via intuition
[09:54:05] <@wrbtrader> Emini ES is still lagging because of the contracting volatility
[09:54:21] <TigerBoy____> not a nice overall picture
[09:57:32] <@wrbtrader> Exited all Emini ES Long @ 5334.00 --> - 1.5
[09:57:55] <@wrbtrader> Shorts Emini ES @ 5334.50 -> large size
[09:58:03] <@wrbtrader> 10 contracts
[10:01:39] <@wrbtrader> range getting tighter with contracting volatility
[10:06:55] <@wrbtrader> Price back to the bottom of the range
[10:07:06] <@wrbtrader> now below
[10:07:17] <@wrbtrader> on increasing volatility
[10:08:27] <@wrbtrader> Covered all Emini ES Short @ 5331.00 --> + 3.5
[10:08:39] <@wrbtrader> Ok..I'm done
[10:09:35] <@wrbtrader> Had price stayed below the most recent reaction low...I would have stayed in that trade and maybe execute one more trade
[10:10:18] <@wrbtrader> It wasn't able to stay below and started to bounce back up as if it wanted to go back inside the prior difficult low volatility range
[10:10:37] <@wrbtrader> Take care and see you tomorrow
[10:11:07] <TigerBoy____> LG mNQ 18691 large
[10:11:10] <@wrbtrader> Take care and see you tomorrow
[10:12:28] <TigerBoy____> exit all mNQ @ 18698.75 +7.75
[10:12:49] <TigerBoy____> I did a couple trades in between
[10:13:03] <TigerBoy____> mixed results
[10:13:41] <TigerBoy____> this last one got a better target...anyway it is a difficult action ,not the best for sure
[10:25:11] <TigerBoy____> ok I call it quit too
[10:25:22] <TigerBoy____> take care Wrbtrader see you next time
[10:41:14] * Disconnected
[08:34:00] * ChanServ sets mode: +o wrbtrader
[08:34:20] <@wrbtrader> May 16th Thursday, 2024
[08:36:32] <@wrbtrader> Shorts Emini ES @ 5336.00 -> large size
[08:51:45] <@wrbtrader> 10 contracts
[08:58:49] <@wrbtrader> Covered all Emini ES Short @ 5333.00 --> + 3
[09:33:03] <TigerBoy____>

[09:33:19] <TigerBoy____> price well above KEY areas in my charts
[09:33:28] <TigerBoy____> plus a bit off sync
[09:38:37] <@wrbtrader> Hi Tiger
[09:39:02] <TigerBoy____> HI Wrbtrader
[09:43:05] <@wrbtrader> Shorts Emini ES @ 5334.75 -> large size
[09:43:08] <@wrbtrader> 10 contracts
[09:43:31] <@wrbtrader> Emini ES lagging too much to other key markets
[09:48:06] <@wrbtrader> now trying hard to contract

[09:48:17] <@wrbtrader> contract in its volatility
[09:50:11] <@wrbtrader> Covered Emini ES Short @ 5335.50 --> - 0.75
[09:50:11] <@wrbtrader> Reverse and Enter Long Emini ES @ 5335.50
[09:53:16] <TigerBoy____> LG mNQ @ 18708 small
[09:53:49] <TigerBoy____> exit all mNQ @ 18710.50 +2.50
[09:54:00] <TigerBoy____> just a tiny position via intuition
[09:54:05] <@wrbtrader> Emini ES is still lagging because of the contracting volatility
[09:54:21] <TigerBoy____> not a nice overall picture
[09:57:32] <@wrbtrader> Exited all Emini ES Long @ 5334.00 --> - 1.5
[09:57:55] <@wrbtrader> Shorts Emini ES @ 5334.50 -> large size
[09:58:03] <@wrbtrader> 10 contracts
[10:01:39] <@wrbtrader> range getting tighter with contracting volatility

[10:06:55] <@wrbtrader> Price back to the bottom of the range
[10:07:06] <@wrbtrader> now below
[10:07:17] <@wrbtrader> on increasing volatility
[10:08:27] <@wrbtrader> Covered all Emini ES Short @ 5331.00 --> + 3.5
[10:08:39] <@wrbtrader> Ok..I'm done
[10:09:35] <@wrbtrader> Had price stayed below the most recent reaction low...I would have stayed in that trade and maybe execute one more trade
[10:10:18] <@wrbtrader> It wasn't able to stay below and started to bounce back up as if it wanted to go back inside the prior difficult low volatility range
[10:10:37] <@wrbtrader> Take care and see you tomorrow
[10:11:07] <TigerBoy____> LG mNQ 18691 large
[10:11:10] <@wrbtrader> Take care and see you tomorrow
[10:12:28] <TigerBoy____> exit all mNQ @ 18698.75 +7.75
[10:12:49] <TigerBoy____> I did a couple trades in between
[10:13:03] <TigerBoy____> mixed results
[10:13:41] <TigerBoy____> this last one got a better target...anyway it is a difficult action ,not the best for sure
[10:25:11] <TigerBoy____> ok I call it quit too
[10:25:22] <TigerBoy____> take care Wrbtrader see you next time
[10:41:14] * Disconnected