##TheStrategyLab Price Action Chat Room Logs

#FuturesTrades is free along with being a serious professional trading chat room and any trader can use the chat room to post their real-time trades, real-time price action analysis or market commentaries involving futures, exchange traded funds or forex currencies. Further, although our chat room is smaller than the other popular chat rooms...we are the most active chat room in posting trades, price action analysis or market commentaries involving futures, exchange traded funds or forex currencies in comparison to other free chat rooms.


#FuturesTrades is designed to be only a trade journal for documentation purposes only so that members can have a real time stamp archive of trades and market commentaries of each trading day and this gives them a better understanding of their broker statements from one trade to the next trade when they review their performance numbers on any given trading day. In addition, we welcome all traders with their own methods or different perspective of the price action and markets to help keep the chat room diversified...posting trades or market commentaries about the price action on their monitors.

With that said, thanks for reading the trades, price action analysis or market commentaries that's below and we highly recommend you make reading of the logs a part of your trading routine because you will sometimes find useful trade information not discussed anywhere else online nor in any books. To gain access to #FuturesTrades chat room...please follow the instructions @ FTCHAT Support Forum * http://www.thestrategylab.com/ftchat/forum/viewforum.php?f=5


click on the above image to view today's price action of key markets

Session Start: Wed Apr 04 09:12:32 2012
Session Ident: #FuturesTrades
[09:12:32] * Now talking in #FuturesTrades
[09:12:32] <@X> [NihabaAshi] chat room archives @ viewforum.php?f=20
[09:15:32] <@X> #FuturesTrades Info -> Chat room for traders of Emini Futures (EMD, TF, ES, NQ, YM), EuroFX Futures (6E, EC), Eurex/Euronext Futures (DAX, ESTX50, FTSE100, CAC40), Treasury Futures (ZF, ZN, ZB), NYMEX Futures (CL, NG, HO, QM), Exchange Traded Funds (DIA, GLD, IWM, OIH, XLE, QQQ, SPY) and Forex Currencies
[09:23:31] <+Trendtrader> all
[09:24:32] <@wrbtrader> Good morning all
[09:26:45] <@wrbtrader> Huge gap down on the Open in a few minutes.
[09:27:07] <@wrbtrader> Looks like the bearish signals on the daily and weekly charts trying to take control
[09:28:14] <Tigerman> all
[09:35:52] <+Trendtrader> Long Emini TF @ 819.9 «« simulator »»
[09:36:20] <+Trendtrader> Exited 1/2 Emini TF Long @ 821 --> + 1.1 «« simulator »»
[09:37:59] <+Trendtrader> tight stop
[09:39:43] <+Tigerman> price try to retrace that big dark spike before
[09:42:12] <+Trendtrader> Exited 1/4 Emini TF Long @ 821.2 --> + 1.3 «« simulator »»
[09:43:12] <+Trendtrader> Exited 1/4 Emini TF Long @ 821.9 --> + 2 «« simulator »»
[09:44:58] <+Tigerman> Shorts IWM @ 82.32
[09:46:26] <+Tigerman> Covered all IWM Short @ 82.38 --> - 0.06
[09:50:26] <+Tigerman> Shorts IWM @ 82.22
[09:50:54] <+Tigerman> re entry
[09:52:04] <+Tigerman> Covered all IWM Short @ 82.25 --> - 0.03
[09:52:36] <@wrbtrader> Emini TF has a WRB Hidden GAP @ 0946am est
[09:59:10] <@wrbtrader> Pending 1000am est key market event
[09:59:38] <+Tigerman> yes we hope this news shake it up a bit
[10:00:11] <+Tigerman> because price contracting right now at this hour preview a dead day
[10:00:30] <+Tigerman> considering the huge gap drain athe volatility
[10:01:01] <+Tigerman> are people ready for holiday weekend?
[10:03:58] <@wrbtrader> Easter Holiday
[10:04:37] <+Tigerman> yes friday market is close seems people setup the suitcase right now
[10:13:03] <+Tigerman> Shorts IWM @ 82.08
[10:15:17] <+Tigerman> Covered all IWM Short @ 82.08 --> 0
[10:15:28] <+Tigerman> no have the patience to wait
[10:15:35] <+Tigerman> too much contracting
[10:15:50] <+Tigerman> in contrast Nq move better as volatility
[10:17:08] <@wrbtrader> Shorts Emini TF @ 819.10 -> small size
[10:17:18] <@wrbtrader> 3 contracts
[10:18:09] <@wrbtrader> early entry...I thought the interval had completed
[10:22:02] <@wrbtrader> Covered all Emini TF Short @ 818.80 --> + 0.3
[10:22:17] <@wrbtrader> looks like one of those trading days
[10:22:38] <@wrbtrader> not a pretty price action...
[10:23:01] <@wrbtrader> will lower my position size unless volatility consistentely shows up
[10:23:09] <+Tigerman> yep agtreed seems any trade I do is a loss
[10:23:39] <@wrbtrader> will also lower my profit goal for the day
[10:27:03] <+Tigerman> Shorts IWM @ 81.88
[10:27:12] <+Tigerman> intuition on fast move down
[10:27:37] <+Tigerman> Covered all IWM Short @ 81.85 --> + 0.03
[10:28:17] <@wrbtrader> Creeper Down Movement
[10:33:17] <@wrbtrader> Shorts Emini TF @ 817.00 -> small size
[10:33:28] <+Tigerman> Shorts IWM @ 81.82
[10:33:41] <@wrbtrader> 2 contracts
[10:36:50] <+Tigerman> Covered all IWM Short @ 81.81 --> + 0.01
[10:37:20] <markg557> hey wrb
[10:37:28] <+markg557> i am closing my 3 day short swing on TF no
[10:37:30] <+markg557> w
[10:37:37] <+markg557> 817
[10:37:39] <+Tigerman> lose patience price choppy and contracting make me nervous
[10:38:14] <@wrbtrader> markg777...its a hedge right like you said before...what about your hedge with Emini ES...
[10:38:29] <@wrbtrader> Your Long in Emini ES still open too or closed also
[10:38:30] <+Tigerman> when trade doesn' move well at the strat I became concern on his outcome
[10:38:46] <+markg557> es mini is not same thing
[10:38:47] <+markg557> as TF
[10:38:51] <+markg557> as it is not same markets
[10:39:01] <@wrbtrader> that's not what I asked
[10:39:17] <+markg557> es mini i had at 08
[10:39:19] <+markg557> long
[10:39:28] <@wrbtrader> Covered all Emini TF Short @ 818.20 --> - 1.2
[10:39:28] <+markg557> i closed it at 1400
[10:39:30] <+markg557> -8
[10:39:56] <@wrbtrader> Ok...that's what I was asking about the HEDGE that you said you did.
[10:40:00] <+markg557> my es mini buy will be at 87
[10:40:24] <@wrbtrader> Thus, when someone closes one side of the hedge...they usually have closed the other side of the Hedge...usually.
[10:40:45] <+markg557> no
[10:40:56] <@wrbtrader> 400 contracts on Emini ES and 50 contracts on Emini TF...right
[10:41:05] <+markg557> my system looking at sectors
[10:41:14] <+markg557> not at actual price action
[10:41:19] <+markg557> tf is 50 lots
[10:41:23] <+markg557> es is 400 lots
[10:41:25] <+markg557> correct
[10:41:42] <@wrbtrader> ok
[10:41:55] <@wrbtrader> Shorts Emini TF @ 817.50 -> small size
[10:42:01] <@wrbtrader> 3 contracts
[10:42:08] <@wrbtrader> Creeper Down Movement still active
[10:42:24] <@wrbtrader> a little choppy but still active
[10:43:02] <+Tigerman> Shorts IWM @ 81.82
[10:43:11] <@wrbtrader> WRB pt1 reached
[10:43:46] <+markg557> big support here at 92 on es
[10:43:52] <+markg557> it may hold tf from falling
[10:44:10] <+Tigerman> Covered all IWM Short @ 81.78 --> + 0.04
[10:44:22] <+Tigerman> just ticks x me
[10:46:30] <@wrbtrader> support developing
[10:46:30] <@X> #FuturesTrades Info -> Chat room for traders of Emini Futures (EMD, TF, ES, NQ, YM), EuroFX Futures (6E, EC), Eurex/Euronext Futures (DAX, ESTX50, FTSE100, CAC40), Treasury Futures (ZF, ZN, ZB), NYMEX Futures (CL, NG, HO, QM), Exchange Traded Funds (DIA, GLD, IWM, OIH, XLE, QQQ, SPY) and Forex Currencies
[10:47:02] <@wrbtrader> tighten stop loss
[10:47:24] <@wrbtrader> trailing @ profit
[10:48:15] <@wrbtrader> Covered all Emini TF Short @ 816.00 --> + 1.5
[10:48:45] <@wrbtrader> Creeper Down Movement still active
[10:52:13] <+markg557> sold es here 91,25
[10:52:20] <+markg557> very large
[10:52:30] <+markg557> 87 target and buy back
[10:57:39] <+markg557> sold more
[10:57:46] <+markg557> 90.25
[10:57:50] <+markg557> es
[10:58:47] <@wrbtrader> Creeper Down Movement still active
[11:02:51] <@wrbtrader> markg557...you said you don't use profit targets. What change your mind for today
[11:02:57] <@wrbtrader> You trying something new
[11:03:36] <@wrbtrader> By the way, I think you'll get your 87 target
[11:03:48] <@wrbtrader> Creeper Down Movement still active
[11:04:28] <+markg557> my system
[11:04:32] <+markg557> use sectors
[11:04:36] <+markg557> lets say
[11:04:39] <+markg557> it reads
[11:04:44] <+markg557> entire russell 2000
[11:04:47] <+markg557> sector
[11:04:50] <+markg557> stock by stock
[11:04:54] <+markg557> same doing for SP
[11:04:59] <+markg557> and give out the signal
[11:05:01] <+markg557> but
[11:05:06] <+markg557> it is always in the market
[11:05:11] <+markg557> on Tf short
[11:05:15] <+markg557> i did make good money
[11:05:17] <+markg557> on es
[11:05:20] <+markg557> i lost
[11:05:29] <+markg557> but in totals i did make 47k
[11:05:30] <@wrbtrader> Ok...basically you're saying you DO use targets...sometimes
[11:05:32] <+markg557> in 3 days
[11:05:38] <+markg557> i dont
[11:05:43] <+markg557> system will tell me
[11:05:49] <+markg557> but i have to sit and watch
[11:05:52] <+markg557> i cannot autotrade
[11:05:56] <+markg557> as it is semiauto
[11:06:03] <+markg557> i need to sit
[11:06:16] <@wrbtrader> Yes...please don't fall down...please sit
[11:07:08] <@wrbtrader> Regardless to you or your system using targets...
[11:07:19] <@wrbtrader> it's still you that lose or makes the money...correct.
[11:07:44] <+markg557> oh y eah
[11:07:48] <+markg557> but
[11:07:58] <+markg557> every month i do close it positive
[11:07:59] <@wrbtrader> Thus, YOU (the user of your system) are using profit targets even if its always in the market and reversing trades.
[11:08:18] <+markg557> u know system is not smart
[11:08:22] <+markg557> i have to drive the system
[11:08:26] <+markg557> cannot leave it alone
[11:08:30] <+markg557> or will lose
[11:08:32] <@wrbtrader> Exactly
[11:08:45] <@wrbtrader> Thus, when you say something like...87 target
[11:08:57] <@wrbtrader> You said that...your system did not post that message for you
[11:09:11] <+markg557> i did
[11:09:15] <@wrbtrader>
[11:09:18] <+markg557> i need to see if system say yes
[11:09:22] <+markg557> confirm
[11:09:25] <+markg557> and i will buy back
[11:09:28] <+markg557> and go long
[11:09:35] <+markg557> at the moment i short 800 es lots
[11:09:42] <@wrbtrader> Is this another Hedge with Emini TF
[11:09:51] <+markg557> i need TF hedge now
[11:09:56] <+markg557> but i dont have it
[11:09:57] <+markg557> yet
[11:10:01] <@wrbtrader> Ok
[11:10:05] <+markg557> so this time i need 100 lots tf trade
[11:14:04] <@wrbtrader> U.S. stocks drop on weak Spanish bond sale (MarketWatch) @ http://www.marketwatch.com/story/us-sto ... 2012-04-04
[11:14:19] <+markg557> this is terrible
[11:15:48] <@wrbtrader> Euro zone in recession, India slows (International Business News) @ http://www.ibtimes.com/articles/323945/ ... -slows.htm
[11:17:24] <@wrbtrader> Creeper Down Movement still active
[11:17:45] <+markg557> anyway
[11:17:47] <+markg557> wrb
[11:17:54] <+markg557> i thank you what you are doing in here
[11:17:57] <+markg557> and i do tell you
[11:18:03] <+markg557> your method i already know
[11:18:13] <+markg557> and i enjoy to come every day in here
[11:18:46] <+markg557> and see that someone really having great skills quality as person
[11:18:49] <+markg557> and do trade well
[11:24:42] <@wrbtrader> May get a second try at a recently missed signal
[11:25:25] <@wrbtrader> Long Emini TF @ 815.70 -> small size
[11:25:34] <@wrbtrader> 2 contracts
[11:25:48] <@wrbtrader> missed the prior one @ 815.20
[11:27:27] <@wrbtrader> trying hard to retest that long lower shadow of a recent hammer line
[11:27:44] <@wrbtrader> Exited all Emini TF Long @ 815.00 --> - 0.7
[11:30:10] <@wrbtrader> All the Eminis within the price area of their respected 1050am est WRB Hidden GAP
[11:31:18] <@wrbtrader> at this time of day...it has a good chance of developing into a "dead area" or price noise area.
[11:31:50] <+markg557> if they saty here
[11:31:55] <+markg557> we may see pop up
[11:32:40] <+markg557> to around 95 96 to es
[11:32:52] <+markg557> i have scalping account now
[11:32:58] <+markg557> i may be looknig to buy
[11:33:13] <+markg557> from around 89 90
[11:34:26] <@wrbtrader> Long Emini TF @ 815.70 -> small size
[11:34:32] <@wrbtrader> 2 contracts
[11:34:35] <@wrbtrader> re-entry
[11:35:33] <@wrbtrader> tighten stop now that I know that I'm able to identify this particular dear area.
[11:35:45] <@wrbtrader> dear = dead
[11:38:07] <@wrbtrader> R area of the dead area @ 816.30
[11:38:24] <@wrbtrader> S area of the dead area @ 815.10
[11:38:46] <@wrbtrader> now you know my triggers for trade management
[11:38:58] <@wrbtrader> based upon WRB Analysis
[11:39:49] <@wrbtrader> trading @ profit
[11:39:55] <@wrbtrader> trailing @ profit
[11:40:04] <@wrbtrader> WRB pt1 reached
[11:40:54] <@wrbtrader> Exited all Emini TF Long @ 816.70 --> + 1
[11:42:34] <+markg557> well i can read your mind now
[11:42:36] <+markg557> wrb
[11:42:38] <+markg557> so its good
[11:44:16] <@wrbtrader> Yeah...especially after I tell you whats on my mind
[11:44:37] <T4n_paper> Long TF @ 816.4 -> small size «« simulator »»
[11:44:46] <@wrbtrader> Emini ES has a WRB Hidden GAP @ 1138am est
[11:44:47] <+markg557> well gimme 2 weeks i will read your mind soo well i will even tell you what you are about to have for breakfast
[11:45:01] <@wrbtrader> same with Emini YM futures
[11:46:54] <+T4n_paper> Exited TF Long @ 816.1 --> - 0.3 «« simulator »»
[11:47:13] <@wrbtrader> Creeper Up Movement
[11:55:50] <+T4n_paper> Long TF @ 816.4 -> small size «« simulator »»
[12:00:10] <+T4n_paper> Exited TF Long @ 815.9 --> - 0.5 «« simulator »»
[12:01:28] <Tigerman3> test
[12:07:35] <+T4n_paper> Shorts TF @ 815.8 -> small size «« simulator »»
[12:11:05] <@wrbtrader> Yesterday's #FuturesTrades archive chat log @ viewtopic.php?f=103&t=1185
[12:13:11] <+markg557> god info
[12:13:13] <+markg557> thank you
[12:13:15] <+markg557> good
[12:13:16] <+markg557> i mean
[12:13:31] <@X> #FuturesTrades Info -> Chat room for traders of Emini Futures (EMD, TF, ES, NQ, YM), EuroFX Futures (6E, EC), Eurex/Euronext Futures (DAX, ESTX50, FTSE100, CAC40), Treasury Futures (ZF, ZN, ZB), NYMEX Futures (CL, NG, HO, QM), Exchange Traded Funds (DIA, GLD, IWM, OIH, XLE, QQQ, SPY) and Forex Currencies
[12:15:09] <+T4n_paper> Covered TF Short @ 815.7 --> + 0.1 «« simulator »»
[12:39:15] <@wrbtrader> Investor anxiety causes stocks to nosedive (CNNMoney) @ http://money.cnn.com/2012/04/04/markets ... kt_SF_news
[12:44:28] <+markg557> wrb you ready to sell tf again?
[12:47:11] <@wrbtrader> No trade signal
[12:47:30] <@wrbtrader> wouldn't touch this even with an intuition trade
[12:48:05] <+markg557> sold TF
[12:48:08] <+markg557> here market
[12:48:16] <+markg557> 815.7
[12:48:29] <@wrbtrader> volatility increasing
[12:57:13] <+markg557> adding to tf short
[13:02:50] <+T4n_paper> Shorts TF @ 815.1 -> small size «« simulator »»
[13:16:54] <+T4n_paper> Covered TF Short @ 815 --> + 0.1 «« simulator »»
[13:25:23] <+markg557> it is good short
[13:25:29] <+markg557> but why theyare too slow
[13:25:31] <+markg557> now
[13:25:35] <+markg557> just short already
[13:25:39] <+markg557> and let me make some money
[13:28:54] <+T4n_paper> well this is the price action I wanted
[13:29:06] <+T4n_paper> but i'm not with it
[13:30:28] <+markg557> at 88,25 es i will cover tf
[13:43:31] <@X> #FuturesTrades Info -> Chat room for traders of Emini Futures (EMD, TF, ES, NQ, YM), EuroFX Futures (6E, EC), Eurex/Euronext Futures (DAX, ESTX50, FTSE100, CAC40), Treasury Futures (ZF, ZN, ZB), NYMEX Futures (CL, NG, HO, QM), Exchange Traded Funds (DIA, GLD, IWM, OIH, XLE, QQQ, SPY) and Forex Currencies
[13:51:51] <wave1> hi
[13:52:02] <+wave1> just got back from office meetings
[13:55:23] <+wave1> geez office busy ..but at time I turn the laptop and just watch or do minimal trades id any
[13:55:34] <+wave1> if any
[13:56:13] <+wave1> nq es not to bad ..so keep my head in the mkt
[13:56:34] <+markg557> yeah market is back
[13:59:40] <+wave1> really bummed had S but covered at loss
[14:01:07] <+wave1> is mkt closed fri?
[14:02:01] <Joe_Six_Pack> Yes but futures still trade I think
[14:02:23] <+wave1> ty
[14:02:28] <+Joe_Six_Pack> np
[14:03:10] <+markg557> bnks are open
[14:03:10] <+markg557> so
[14:03:14] <+markg557> we will have trading
[14:03:20] <+markg557> till noon
[14:03:25] <+markg557> willbe fast and active i guess
[14:04:56] <+markg557> pulback to 90 on es i will look to buy
[14:12:56] <+markg557> if wrb buy tf here
[14:12:58] <+markg557> i willbuy es
[14:13:01] <+markg557> waiting on him
[14:16:10] <+wave1> did the mkt open with gap down this am?
[14:17:20] <+T4n_paper> Shorts TF @ 814.8 -> small size «« simulator »»
[14:22:36] <+markg557> i dunno
[14:22:39] <+markg557> i have continues
[14:22:46] <+markg557> i dont even look at gaps anymore
[14:22:53] <+wave1> k np
[14:23:05] <+markg557> u knwo gap games are long gone
[14:23:30] <+markg557> now its all about supply demand and i guess old fashion priceaction
[14:24:26] <+T4n_paper> Covered TF Short @ 813.7 --> + 1.1 «« simulator »»
[14:25:51] <+markg557> i think wbr is covering in here great example of price action trading with his twist
[14:28:01] <@wrbtrader> Yeah, in the free study guide it recommends exiting positions at WRB targets
[14:32:04] <+markg557> but after 3 weeks in here
[14:32:15] <+markg557> i can easy beat wrb in trading his own method
[14:32:51] <@wrbtrader> so far you've been wrong on what it is...
[14:33:16] <@wrbtrader> You can still read the free study guide whenever you want.
[14:33:21] <@wrbtrader>
[14:33:36] <@wrbtrader> Simply, there's no need for you to keep guessing.
[14:33:59] <+markg557> wrd
[14:34:02] <+markg557> wrb
[14:34:06] <+markg557> when are you gonna go long
[14:34:10] <+markg557> so i can join you
[14:34:23] <@wrbtrader> RUT index has WRB Hidden GAP @ 1418pm est
[14:34:44] <@wrbtrader> If I get a Short signal...I'll post it.
[14:35:22] <@wrbtrader> Creeper Down Movement still active
[14:35:33] <+markg557> we are going back up
[14:35:38] <+markg557> to 96 area on es
[14:35:43] <+markg557> before we drop again
[14:36:12] <+markg557> so am waiting for your long call now
[14:38:47] <@wrbtrader> volatility contraction
[14:39:36] <@wrbtrader> RUT still hasn't retraced the WRB Hidden GAP @ 1418pm est
[14:40:56] <+T4n_paper> rui rua tf
[14:41:07] <+markg557> i had to take long without you wrb
[14:42:13] <@wrbtrader> WRB Hidden GAP retraced
[14:42:19] <@wrbtrader> Creeper Up Movement
[14:43:28] <@wrbtrader> RUT has WRB Hidden GAP @ 1434pm est
[14:45:02] <@wrbtrader> Emini ES has WRB Hidden GAP @ 1438pm est...same with YM, EMD and NQ futures
[14:45:24] <+markg557> i jumped in at 91
[14:45:28] <+markg557> to 96
[14:46:52] <@wrbtrader> EuroFX 6E futures/Forex EurUsd and Light Crude Oil CL futures has WRB Hidden GAP @ 1442pm est
[14:48:36] <@wrbtrader> Creeper Up Movement still active
[14:49:17] <@wrbtrader> Long Emini TF @ 816.10 -> small size
[14:49:26] <@wrbtrader> 2 contracts
[14:49:49] <@wrbtrader> long shadows
[14:51:41] <@wrbtrader> volatility contraction now
[14:51:57] <@wrbtrader> tighten stop loss
[14:52:42] <@wrbtrader> Exited all Emini TF Long @ 815.60 --> - 0.5
[14:53:17] <@wrbtrader> price action back inside the range of the most recent WRB Hidden GAP
[14:55:08] <@wrbtrader> long upper shadow
[14:55:46] <@wrbtrader> Long Emini TF @ 815.80 -> small size
[14:55:56] <@wrbtrader> 2 contracts
[14:57:01] <@wrbtrader> back inside the range of one of the prior long upper shadows
[14:57:35] <@wrbtrader> WRB pt1 reached (shallow)
[14:58:09] <@wrbtrader> holding still to see if more volatility shows up
[14:59:43] <@wrbtrader> Exited all Emini TF Long @ 815.80 --> 0
[14:59:55] <@wrbtrader> it tried hard but not hard enough
[15:02:07] <@wrbtrader> a lot of shadows
[15:02:59] <@wrbtrader> Emini YM has WRB Hidden GAP @ 1450pm est
[15:03:17] <@wrbtrader> same with Emini ES
[15:03:54] <+T4n_paper> it made its creep move
[15:04:17] <+T4n_paper> now must fight
[15:04:24] <@wrbtrader> Yep
[15:04:51] <@wrbtrader> Emini ES needs to get back inside the range of that prior WRB Hidden GAP
[15:05:36] <+wave1> back nq looks like want to go up
[15:05:43] <@wrbtrader> If it does not...it will turn back into a Creeper Down Movement
[15:06:52] <+T4n_paper> Long TF @ 816.1 -> small size «« simulator »»
[15:08:00] <+T4n_paper> Exited TF Long @ 815.7 --> - 0.4 «« simulator »»
[15:10:32] <@X> #FuturesTrades Info -> Chat room for traders of Emini Futures (EMD, TF, ES, NQ, YM), EuroFX Futures (6E, EC), Eurex/Euronext Futures (DAX, ESTX50, FTSE100, CAC40), Treasury Futures (ZF, ZN, ZB), NYMEX Futures (CL, NG, HO, QM), Exchange Traded Funds (DIA, GLD, IWM, OIH, XLE, QQQ, SPY) and Forex Currencies
[15:10:40] <+markg557> it is very simple
[15:10:50] <+markg557> if es reject 95.5 96.5
[15:10:52] <+markg557> down we go
[15:10:55] <+markg557> i got soo good at it
[15:11:08] <+wave1> y
[15:11:32] <+wave1> nice netry on 90 ...was reading your comments
[15:11:58] <@wrbtrader> Emini ES now hard to stay above the range of the 1450pm est WRB Hidden GAP
[15:13:33] <@wrbtrader> Another typical 3:00pm est - 3:30pm est trading session so far.
[15:13:42] <+wave1> y N ..91-92 area
[15:13:50] <@wrbtrader> increasing volatility
[15:14:08] <+Tigerman3> spike on TF
[15:14:45] <@wrbtrader> geeesh
[15:14:46] <+markg557> now i sell es
[15:14:48] <+markg557> form long
[15:14:54] <@wrbtrader> another long upper shadow
[15:16:31] <+markg557> i shorted 9575
[15:16:36] <+markg557> form long at 91
[15:16:50] <+markg557> wbr got be into scalping
[15:16:54] <+markg557> now i scalp
[15:17:55] <@wrbtrader> markg557...last scalper in here left a few months ago.
[15:18:10] <@wrbtrader> You already knew that
[15:18:52] <+Tigerman3> why scalper left
[15:19:12] <@wrbtrader> he sold his exchange seat
[15:19:37] <@wrbtrader> then said he was going on a long vacation
[15:20:05] <@wrbtrader> I think he had some health problems via trading for so long of periods
[15:20:20] <+Tigerman3> the reason x left market or tired of trading?
[15:20:49] <@wrbtrader> I don't think he had a choice
[15:21:03] <+markg557> i am too young to leave
[15:21:17] <+Tigerman3> wrbtrader was a know name in this chat because not remember a scalper her
[15:21:31] <+Tigerman3> unless he doesn t report live trade
[15:21:37] <@wrbtrader> He was one of the few scalpers I met that actually scalp
[15:22:06] <+Tigerman3> ok so met in person but not show in chat?
[15:22:19] <+markg557> well
[15:22:23] <+markg557> es is easy to scalp
[15:22:29] <+markg557> very predictable
[15:22:32] <+markg557> TF is not
[15:22:34] <+Tigerman3> ???????
[15:22:36] <+markg557> but doable
[15:23:15] <@wrbtrader> He was in chat...didn't post his trades because he's a scalper...only post his DOM, broker info and trade documents in a private thread at the TSL forum
[15:23:38] <+markg557> who was that?
[15:23:40] <@wrbtrader> I would see like 70 - 150 trades per day
[15:24:14] <@wrbtrader> markg557...we're talking about the scalper that wanted to remain private.
[15:24:44] <+markg557> ah
[15:24:52] <+markg557> i am in short 9575
[15:25:10] <+markg557> stop 2 ticks
[15:25:27] <@wrbtrader> Eminis trying hard to retest the range of that prior mention WRB Hidden GAP
[15:26:15] <+markg557> 91,5 my es target
[15:36:47] <+markg557> added to short
[15:36:50] <+markg557> 96
[15:41:44] <@wrbtrader> Creeper Up Movement still active
[15:42:36] <+markg557> down we go
[15:43:03] <+markg557> reversal is too strong here
[15:46:40] <@wrbtrader> tough price action here
[15:46:55] <@wrbtrader> trying hard to contract but the intervals are maintaining there range
[15:47:11] <+markg557> i am short
[15:47:14] <+markg557> not getting out
[15:47:18] <+markg557> revrsal is waay too storng
[15:47:28] <+markg557> dang cannot type
[15:47:30] <+markg557> sorry
[15:47:51] <@wrbtrader> 3:45pm - 4:00pm est rush hour traffic
[15:48:25] <@wrbtrader> time for a bar room fight
[15:48:47] <+wave1> lol
[15:49:00] <+wave1> fight or flight
[15:49:05] <+markg557> hard place here
[15:49:46] <@wrbtrader> Long Emini TF @ 817.90 -> small size
[15:50:45] <@wrbtrader> Creeper Up Movement still active
[15:52:08] <+markg557> now its 100% what i want them to do
[15:52:15] <+markg557> not even 99 %
[15:53:37] <@wrbtrader> Emini YM trying to go range bound
[15:53:58] <@wrbtrader> Exited all Emini TF Long @ 817.30 --> - 0.6
[15:54:00] <+markg557> wrb
[15:54:04] <+markg557> if you have tradestation
[15:54:08] <+markg557> i can give you this indy
[15:54:08] <@wrbtrader> Emini EMD volatility spike
[15:54:34] <@wrbtrader> testing the S area of volatility contraction
[15:54:34] <+markg557> it gives me like 100% confidenece on those
[15:54:50] <+wave1> what is that mark?
[15:54:55] <+wave1> on TS?
[15:55:00] <@wrbtrader> Long Emini TF @ 817.70 -> small size
[15:55:07] <@wrbtrader> 2 contracts
[15:55:09] <@wrbtrader> same trade
[15:55:20] <+markg557> i use 1 indy
[15:55:37] <+markg557> giving me lik 1005 confidence on some entry i use
[15:55:39] <@wrbtrader> re-entry
[15:56:22] <+wave1> is it a chart setup?
[15:57:17] <@wrbtrader> tighten stop loss
[15:57:56] <+markg557> wave chart setup is easy
[15:59:11] <@wrbtrader> not getting anywhere...just chop
[15:59:31] <+wave1> sorry i dont see what u mean then
[16:00:34] <@wrbtrader> Exited all Emini TF Long @ 817.80 --> + 0.1
[16:00:47] <@wrbtrader> early exit
[16:01:04] <+markg557> i got halfs
[16:01:08] <@wrbtrader> Take care all..my turn to pick up the kids
[16:01:11] <+markg557> at 93,5
[16:01:18] <+markg557> wrb thank yo
[16:01:23] <+wave1> later N
[16:01:38] <@wrbtrader> It's now officially Easter Holiday here.
[16:02:20] <+markg557> wrb thankyou again man
[16:02:32] <@wrbtrader> Thus...I'm going to try hard to squeeze in some trading tomorrow between 0830am - 1000am est
[16:02:54] <@wrbtrader> If not...no biggie...I only trade a few hours each day anyways
[16:03:08] <@wrbtrader> If not here tomrrow...
[16:03:38] <@wrbtrader> will try to trade again on Friday depending upon the Easter activities
[16:04:36] <+markg557> i have BE at entry
[16:04:37] <+markg557> i had
[16:04:42] <+markg557> and i let it go till eod
[16:04:56] * wrbtrader is now known as wrbtrader_away
[16:05:26] <+wave1> k guys c u all tomorow
[16:05:33] <+markg557> ok wave
[16:05:39] <+markg557> tomrrow is anther day
[16:05:41] <+wave1> ty all
[16:05:45] <+markg557> ull do better
[16:08:06] <+markg557> great day in here
[16:09:18] <+Tigerman3> take care all
[16:13:37] <+markg557> flat
[16:13:39] <+markg557> nd happy
[16:13:45] <+markg557> see ya all tomorrow
[16:13:49] <+markg557> wrb thank you again
[16:13:52] <+markg557> great room
Session Closed

-------------------------

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Trader and Founder of WRB Analysis (wide range body/wide range bar analysis)
Price Action Trading (no technical indicators)
@ http://twitter.com/wrbtrader or http://stocktwits.com/wrbtrader

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