December 4th Monday: #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.

Each member is responsible for adding these chat logs to their private trade journal to provide critical information to their posted redacted screenshots of trade fills from their broker trade execution platform, broker statements, and quantitative statistical analysis from their professional trade journal software.
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wrbtrader
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December 4th Monday: #wrbanalysis #wrbhiddengap #wrbzone #volatilityanalysis #correlationanalysis

#1 Post by wrbtrader »

[08:16:23] * Now talking in #TheStrategyLab
[08:16:23] * ChanServ sets mode: +o wrbtrader
[08:20:42] <@wrbtrader> Monday December 4th
[08:20:47] <@wrbtrader> Good morning
[08:21:30] <@wrbtrader> Shorts Emini ES @ 4586.25 -> large size
[08:21:37] <@wrbtrader> 10 contracts
[08:36:01] <@wrbtrader> price now below the R area in the correlated price action of Emini NQ
[08:36:52] <@wrbtrader> volatility spike
[08:37:13] <@wrbtrader> there's a good chance the increasing volatility will push prices lower to the next Key KME WRB Zone sitting below
[08:39:17] <@wrbtrader> price now below the most recent reaction low
[09:30:55] <@wrbtrader> Covered all Emini ES Short @ 4565.00 --> + 21.25
[09:31:24] <@wrbtrader> WRB pt4 reached
[09:31:47] <@wrbtrader> I think I will now spend the first few hours of the regular trading session studying the price action via WRB Analysis
[09:32:02] <@wrbtrader> will also be taking notes and making personal DOK charts for my private thread at the forum
[11:04:06] <wrbtrader> CME Group Alert: E-mini S&P 500 trades down 1% from its previous close
[11:04:26] <wrbtrader> On Dec 04, 09:55 AM, E-mini S&P 500 price declined 1% from its previous close. This has occurred 56 times over the last 12 months.
[11:04:26] <wrbtrader> 54% (30 out of these 56 times), the price decreased 5 hours later by an average of 14.52 points. The maximum decrease in price has been 51.0 points.
[11:04:26] <wrbtrader1> 26 times out of 56, the price increased 5 hours later by an average of 26.17 points. The maximum price increase has been 98.0 points.
[11:05:18] <wrbtrader1> Take care and see you tomorrow
[11:05:21] * Disconnected

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