Login    Forum    Search    FAQ



Post new topic Reply to topic Bookmark and Share  [ 1 post ] 
Author Message
 Post subject: May 3rd Thursday - Futures, ETFs and Forex Currencies
 Post Posted: Thu May 03, 2012 8:26 pm 
Offline
Trader / Forum Admin

Joined: Tue Dec 16, 2008 1:02 am
Posts: 2761
Location: Canada
#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.

Quote:
Traders that use #FuturesTrades are required to discuss anything related to trading (e.g. price action analysis, market news or real-time trades) at least once per day they use our chat room. Yet, you're not required to post trades but if you do post trades...they must be clear (not ambiguous) entry price/exit price and position size. Those that consistently post ambiguous trades will be KICKED (removed) from the chat room.

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

Attachment:
050312-Key-Price-Action-Markets.png
050312-Key-Price-Action-Markets.png [ 519.09 KiB | Viewed 97 times ]

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

Session Start: Thu May 03 08:16:46 2012
Session Ident: #FuturesTrades
[08:16:46] * Now talking in #FuturesTrades
[08:16:46] <@X> [NihabaAshi] chat room archives @ viewforum.php?f=20
[09:08:00] <@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
[09:12:58] <+Trendtrader> gm all
[09:14:55] <+Trendtrader> Long Emini TF @ 816.2 «« simulator »»
[09:14:57] <+Trendtrader> x2
[09:22:53] <@wrbtrader> Good morning
[09:25:15] <Tigerman> gm all
[09:30:38] <wave1> gm all
[09:35:11] <+Tigerman> Shorts IWM @ 81.52
[09:36:01] <+Tigerman> Covered 1/2 IWM Short @ 81.42 --> + 0.1
[09:36:53] <+wave1> missed the NQ S ...
[09:37:04] <+wave1> was looking at 30 to S
[09:37:31] <+Tigerman> price moving fast
[09:37:59] <+Tigerman> support here
[09:38:58] <+Tigerman> Covered Remainder IWM Short @ 81.33 --> + 0.19
[09:45:19] <+Tigerman> downtrend on CL from 9 am
[09:46:06] <@wrbtrader> Key Market Events today @ 1000am, 1030am, 1100am and 1300pm est
[09:46:06] <+wave1> y
[09:47:35] <+Tigerman> big fight here I am bull biased for now
[09:49:37] <+wave1> ES 98.50 key line
[09:52:30] <+Tigerman> Long IWM @ 81.48
[09:53:03] <+Tigerman> chasing entry 7 ticks
[09:54:04] <+Tigerman> assume volat increased
[09:55:02] <+Tigerman> I am bullish but price can easy retrace on me
[09:55:16] <+Tigerman> so not easy stay in trade
[09:56:38] <+Tigerman> Exited all IWM Long @ 81.49 --> + 0.01
[09:56:41] <+Tigerman> :(
[09:56:45] <+Trendtrader> Exited all Emini TF Long @ 813.8 --> - 2.4 «« simulator »»
[09:57:40] <+wave1> nq wants to go S
[09:58:12] <+wave1> s 27 nq paper
[09:58:19] <+wave1> #s coming
[09:59:52] <@wrbtrader> wow
[10:00:27] <@wrbtrader> Shorts Emini TF @ 811.20 -> large size
[10:00:32] <+wave1> ISM comes in at 53.5
[10:00:37] <@wrbtrader> 6 contracts
[10:00:42] <@wrbtrader> its all over the place
[10:01:18] <@wrbtrader> now I see my mistake
[10:01:23] <@wrbtrader> will hold
[10:02:54] <+Tigerman> Shorts IWM @ 81.17
[10:04:17] <+Tigerman> Covered all IWM Short @ 81.17 --> 0
[10:04:38] <+Tigerman> late entry before
[10:06:20] <+Tigerman> Shorts IWM @ 81.10
[10:08:04] <+Tigerman> Covered all IWM Short @ 81.07 --> + 0.03
[10:08:35] <+wave1> out nq all
[10:09:13] <@wrbtrader> Covered all Emini TF Short @ 809.90 --> + 1.3
[10:09:38] <+Tigerman> good :)
[10:10:05] <@wrbtrader> Still documented as trade error...
[10:10:18] <@wrbtrader> Entry should have been around 812.90 at worst
[10:14:38] <+wave1> nq aruck at pivot
[10:15:28] <+wave1> mear lows nq
[10:18:45] <@wrbtrader> Creeper Down Movement still active
[10:19:05] <@wrbtrader> WRB Hidden GAPs in the Emini futures @ 1000am est
[10:19:59] <@wrbtrader> Shorts Emini TF @ 808.90 -> medium size
[10:20:07] <@wrbtrader> 4 contracts
[10:20:52] <@wrbtrader> WRB pt1 reached
[10:21:01] <+Tigerman> Shorts IWM @ 80.94
[10:21:26] <@wrbtrader> Covered all Emini TF Short @ 807.50 --> + 1.4
[10:22:16] <+Tigerman> Covered all IWM Short @ 80.83 --> + 0.11
[10:33:46] <+wave1> S 23
[10:33:49] <+wave1> nq
[10:34:50] <+wave1> out b/e
[10:35:00] <+wave1> too late now dor S
[10:35:43] * Retrieving #FuturesTrades modes...
[10:38:00] <@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
[10:46:17] <@wrbtrader> Anybody in here having problems going to http://www.thestrategylab.com ???
[10:46:23] <@wrbtrader> Link work for you guys
[10:46:25] <@wrbtrader> ???
[10:47:16] <+wave1> np link works
[10:47:49] <+wave1> just checked it'
[10:48:54] <@wrbtrader> Thanks
[10:51:15] <+wave1> mkt just dead
[10:55:08] <@wrbtrader> agree :(
[10:57:59] <winmax60> the site works fine here... :-)
[11:03:35] <@wrbtrader> thanks...must be me...my new update to my firewall is blocking out sites I normally visit :(
[11:03:47] <@wrbtrader> Including Google and Twitter
[11:03:53] <@wrbtrader> should have never upgraded :)
[11:04:14] <@wrbtrader> Old saying...if it ain't broke, don't fix it.
[11:06:12] <T4n_paper> Long TF @ 812.7 -> small size «« simulator »»
[11:07:51] <@wrbtrader> Creeper Up Movement still action
[11:07:59] <@wrbtrader> action = active
[11:08:15] <+wave1> nq in mud
[11:08:30] <@wrbtrader> Long Emini TF @ 812.20 -> small size
[11:08:37] <@wrbtrader> 2 contracts
[11:12:30] <@wrbtrader> tighten stop loss from 811.30
[11:12:47] <@wrbtrader> not willing to take a -0.9 hit on this if wrong
[11:13:14] <@wrbtrader> more volatility contraction
[11:13:27] <@wrbtrader> I'm now expecting a volatility spike here soon.
[11:13:31] <@wrbtrader> Up or Down
[11:13:40] <@wrbtrader> tighten stop loss again
[11:14:17] <+T4n_paper> Exited TF Long @ 811.7 --> - 1 «« simulator »»
[11:15:25] <@wrbtrader> Exited Emini TF Long @ 811.90 --> - 0.3
[11:15:43] <@wrbtrader> looking for a re-entry if it starts to move
[11:16:06] <@wrbtrader> Long Emini TF @ 812.40 -> small size
[11:16:10] <@wrbtrader> 3 contracts
[11:16:34] <@wrbtrader> re-entry
[11:17:32] <@wrbtrader> :(
[11:18:15] <@wrbtrader> 2nd trade problem today out of 4 trades
[11:18:35] <@wrbtrader> had a WRB pt1 and thought my order executed for an exit
[11:18:41] <+T4n_paper> Long TF @ 812.1 -> small size «« simulator »»
[11:18:52] <@wrbtrader> wondering if that new firewall upgrade is causing some problems today for me ???
[11:21:52] <@wrbtrader> WRB pt1 reached (again)
[11:22:54] <@wrbtrader> Exited all Emini TF Long @ 812.50 --> + 0.1
[11:23:08] <+wave1> later guys meeting coming up
[11:24:32] <@wrbtrader> Long Emini TF @ 812.70 -> medium size
[11:24:37] <@wrbtrader> 2+2
[11:24:40] <@wrbtrader> re-entry
[11:24:44] <@wrbtrader> same trade again
[11:25:02] <@wrbtrader> yet my entries are getting higher and higher in the same price action :(
[11:25:45] <@wrbtrader> geeesh
[11:25:58] <@wrbtrader> looks like the mid-day trading session has started
[11:26:49] <+T4n_paper> moved my pt up :(
[11:27:14] <+T4n_paper> Exited TF Long @ 812.3 --> + 0.2 «« simulator »»
[11:29:00] <@wrbtrader> Exited all Emini TF Long @ 812.00 --> - 0.7
[11:44:47] <+T4n_paper> Long TF @ 810.7 -> small size «« simulator »»
[11:46:11] <+T4n_paper> Exited TF Long @ 810.7 --> 0 «« simulator »»
[11:46:16] <+T4n_paper> Exited TF Long @ 809.7 --> - 1 «« simulator »»
[11:49:27] <@wrbtrader> had to take a break...see I missed a big time Creeper Down Movmeent signal :(
[11:56:15] <+T4n_paper> Shorts TF @ 806.6 -> small size «« simulator »»
[11:57:38] <+T4n_paper> Covered TF Short @ 806.8 --> - 0.2 «« simulator »»
[11:59:15] <+T4n_paper> Long TF @ 807.1 -> small size «« simulator »»
[11:59:22] <+T4n_paper> do something jeez
[12:03:09] <+T4n_paper> Exited TF Long @ 806.2 --> - 0.9 «« simulator »»
[12:03:56] <+T4n_paper> Long TF @ 807 -> small size «« simulator »»
[12:04:00] <@wrbtrader> Shorts Emini TF @ 806.70 -> medium size
[12:04:10] <@wrbtrader> 3+1
[12:04:19] <@wrbtrader> Creeper Down Movement still active
[12:04:54] <@wrbtrader> support area trying to develop too :(
[12:06:47] <@wrbtrader> WRB pt1 reached (shallow)
[12:06:52] <+T4n_paper> Exited TF Long @ 806 --> - 1 «« simulator »»
[12:07:03] <@wrbtrader> Covered all Emini TF Short @ 806.30 --> + 0.4
[12:08:31] <+T4n_paper> so i short the creep, wrong, take the div long, wrong, then reenter wrong
[12:08:41] <+T4n_paper> fantastic
[12:09:27] <@wrbtrader> I would stick with the Creeper during the mid-day session
[12:09:38] <@wrbtrader> too many games with anything else
[12:10:05] <+T4n_paper> Long TF @ 806.6 -> small size «« simulator »»
[12:10:22] <@wrbtrader> right now its in a low voaltility tight trading range about 1.5 points
[12:11:19] <+T4n_paper> so many choices
[12:11:31] <+T4n_paper> well, 2 long or short
[12:11:45] <+T4n_paper> but plenty of conflicting action
[12:11:51] <+T4n_paper> Exited TF Long @ 806.4 --> - 0.2 «« simulator »»
[12:12:13] <+T4n_paper> deepest i've been in the whole in one day in quite some time
[12:12:19] <@wrbtrader> During mid-day...I see very little choices when a Creeper is identified
[12:12:25] <@wrbtrader> Only one choice
[12:13:01] <+T4n_paper> uh huh
[12:13:27] <+T4n_paper> I use creep plenty
[12:14:43] <@wrbtrader> During mid-day trading session...if I'm going to be wrong...I rather have such while trading "with the Creeper".
[12:15:32] <@wrbtrader> Also, the rule of waiting for the next WRB HG to appear to setup another Creeper Movement...
[12:16:03] <@wrbtrader> That in itself reduces dramatically the number of trades taken during the mid-day when using the Creeper Movement Analysis
[12:23:19] <@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
[12:55:39] <@wrbtrader> Shorts Emini TF @ 806.90 -> small size
[12:55:45] <@wrbtrader> 1 contract
[12:56:48] <@wrbtrader> geeesh...lost another WRB pt1
[12:57:34] <@wrbtrader> Covered Emini TF Short @ 806.10 --> + 0.8
[12:57:40] <@wrbtrader> WRB pt1 reached
[13:53:19] <@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
[14:04:33] <+T4n_paper> Shorts TF @ 803.1 -> small size «« simulator »»
[14:07:29] <+T4n_paper> Covered TF Short @ 803.5 --> - 0.4 «« simulator »»
[14:08:31] <+T4n_paper> Shorts TF @ 803.2 -> small size «« simulator »»
[14:13:30] <+T4n_paper> Covered TF Short @ 803 --> + 0.2 «« simulator »»
[14:20:37] <+T4n_paper> Long TF @ 803.5 -> small size «« simulator »»
[14:24:19] <+T4n_paper> Exited TF Long @ 802.9 --> - 0.6 «« simulator »»
[14:25:27] <+T4n_paper> Long TF @ 803.3 -> small size «« simulator »»
[14:27:32] <+T4n_paper> Exited TF Long @ 803 --> - 0.3 «« simulator »»
[14:28:03] <+T4n_paper> Shorts TF @ 802.8 -> small size «« simulator »»
[14:33:56] <+T4n_paper> Covered TF Short @ 803.1 --> - 0.3 «« simulator »»
[14:35:09] <+T4n_paper> achieved last months total losses in three days, im ahead of schedule :)
[14:40:32] <+T4n_paper> Shorts TF @ 802.6 -> small size «« simulator »»
[14:45:50] <+T4n_paper> Covered TF Short @ 802.5 --> + 0.1 «« simulator »»
[14:54:47] <Tigerman> gm all
[14:54:53] <+Tigerman> I am back
[14:55:10] <+Tigerman> my isp have tech issue before
[15:21:19] <+Tigerman> up trend right now
[15:21:46] <+Tigerman> lets see if some nice spot to enter
[15:23:20] <@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
[15:28:22] <+Tigerman> Long IWM @ 80.63
[15:28:49] <@wrbtrader> Long Emini TF @ 805.00 -> small size
[15:28:50] <+Tigerman> up trend but fight with hard resistence
[15:29:00] <@wrbtrader> 2 contracts
[15:30:33] <+Tigerman> if price fail to rise here can be a short x me
[15:34:02] <@wrbtrader> price action stalling too much now
[15:34:18] <+Tigerman> yes make me nervous
[15:34:26] <@wrbtrader> Exited all Emini TF Long @ 805.10 --> + 0.1
[15:34:29] <+Tigerman> hard fight
[15:38:23] <+Tigerman> Exited all IWM Long @ 80.63 --> 0
[15:38:29] <+Tigerman> :(
[15:38:54] <+Tigerman> 10 min of patience and nothing happen
[15:39:15] <+Tigerman> my record of patience overall :)
[15:41:50] <+Tigerman> Shorts IWM @ 80.57
[15:44:54] <+Tigerman> Covered all IWM Short @ 80.60 --> - 0.03
[15:45:22] <+Tigerman> rush hour now or should be :)
[15:46:49] <+Tigerman> Shorts IWM @ 80.55
[15:47:01] <+Tigerman> I do not give up :)
[15:49:06] <+Tigerman> Covered all IWM Short @ 80.55 --> 0
[15:49:10] <+Tigerman> :(
[15:49:36] <+Tigerman> choppy and long shadow too
[15:49:54] <@wrbtrader> Price action of the Emini Futures need to clear that WRB Hidden GAP @ 1538pm est
[15:50:33] <+Tigerman> agreed price glued inside it right now
[16:00:30] <@wrbtrader> It tried hard to clear that WRB Hidden GAP but didn't make it.
[16:02:48] <@wrbtrader> that's a 1 point range the Emini TF was stuck inside involving the WRB Hidden GAP
[16:04:46] <@wrbtrader> Just now broke below the S area of that WRB Hidden GAP even though its not a WRB Zone.
[16:08:42] <+Tigerman> Shorts IWM @ 80.44
[16:08:54] <+Tigerman> intuition follow the seel off
[16:10:50] <+Tigerman> Covered all IWM Short @ 80.39 --> + 0.05
[16:11:24] <@wrbtrader> nice
[16:11:32] <@wrbtrader> Take care all and see all tomorrow
[16:13:46] <+Tigerman> thanks wrbtrader see you and all tomorrow take care
Session Close: Thu May 03 16:26:41 2012

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

#FuturesTrades is free and is a serious professional trading chat room in which any trader can use the chat room to post their trades or commentaries involving futures, exchange traded funds or forex currencies. Simply, you don't need to be a client of TheStrategyLab.com to use the chat room nor do you need to be a price action only trader (no indicators) because some members use indicators while others do not.

Therefore, we welcome all traders with their own trade signal methods, different perspective of the markets and different experience levels. To gain access to #FuturesTrades...please follow the instructions @ http://www.thestrategylab.com/ftchat/forum/viewforum.php?f=5

The purpose of #FuturesTrades is that it's designed to be a trade journal for documentation purposes only so that members can have a time stamp archive of trades and market commentaries of each trading day so that they can better understand their broker statements from one trade to the next trade when they review their performance numbers on any given trading day.

Further, members are not obligated to educate nor help other members but members are encourage to ask questions about any trades or market commentaries that's posted by others because sometimes the answers contains useful trading tips.

In addition, our primary job in the free chat room is to moderate the room (keep the peace) because with so many members using different trade signal methods along with different opinions about the market...debates or arguments can easily flare up without moderating. In addition, our presence in the chat room is to ensure it's a spam free chat room during trading although these archived chat logs may contain advertisements for guest visitors.

Commonly discussed trading instruments from futures, exchange traded funds and forex currencies:

Image CME Emini Futures EMD, ES and NQ

Image ICE Emini TF Futures (formerly CME ER2)

Image CBOT mini-sized Dow Futures YM

Image Eurex Index Derivatives (futures) DAX and DJ Euro Stoxx50

Image Eurex Fixed Income Derivatives (futures) BUND, BOBL and Schatz

Image Euronext Futures FTSE-100 and CAC-40

Image CME Futures EuroFX 6E and EC

Image Treasury Futures T-Notes ZT, ZN, ZF and T-Bonds ZB

Image Forex Currencies GbpUsd, EurUsd, EurYen and UsdCad

Image Exchange Traded Funds VXX, DIA, IWM, QQQ, SPY, BGU, FAS, FAZ, TNA, OIH, XLE and GLD

Image NYMEX Energy Futures Light Crude Oil CL, Brent Crude Oil BRN, e-miNY QM and Natural Gas NG

Image COMEX Metal Futures Gold GC, mini-Gold YG, Copper HG and Silver SI

Image S&P CNX NIFTY Futures

Image Hang Seng Index Futures HSI and mini-Hang Seng MHI

Also, to prevent the usual mix-up about our different chat rooms, most of our fee-base clients do not use chat rooms just like most retail traders do not use chat rooms. Yet, the few clients that do use chat rooms, our fee-base clients are discussing market analysis or price action only trade signals via concepts from our strategies in the private chat rooms called #VolatilityTradingTSL or #SwingTradingTSL and they're not allowed to do such in #FuturesTrades.

Reminder, our Terms of Use (TOU) Policy is a must read to prevent any misunderstandings along with revealing that #FuturesTrades is a serious professional trading chat room and we expect members to act professional. Also, these logs may have been edited (rarely) to remove any messages that a member has complained to me via private message that they consider a particular commentary to be inappropriate, offending or too far in the off topic area that's a distraction when the commentary was posted.

Note: All logs regardless to their location at TheStrategyLab.com website are eastern standard time.

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

Phone: +1 708 572-4885
Business Hours: 8am - 5pm est (Mon - Fri)
Skype Messenger: kebec2002
intradaystrategies@yahoo.com
questions@thestrategylab.com
Go Back To TheStrategyLab.com Homepage


Top 
 Profile E-mail  
 
Display posts from previous:  Sort by  
 
Post new topic Reply to topic Bookmark and Share  [ 1 post ] 


Who is online

Users browsing this forum: No registered users and 1 guest

 
 

 
You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
You cannot post attachments in this forum

Search for:
Jump to:  
cron
Translated by Xaphos © 2007, 2008, 2009 phpBB.fr