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 Post subject: May 10th Thursday - Futures, ETFs and Forex Currencies
 Post Posted: Thu May 10, 2012 9:16 pm 
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Trader / Forum Admin

Joined: Tue Dec 16, 2008 1:02 am
Posts: 2390
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 log in to #FuturesTrades chat room...please follow the instructions @ FTCHAT Support Forum * http://www.thestrategylab.com/ftchat/forum/viewforum.php?f=5

Attachment:
051012-Key-Price-Action-Markets.png
051012-Key-Price-Action-Markets.png [ 536.81 KiB | Viewed 71 times ]

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

Session Start: Thu May 10 09:24:49 2012
Session Ident: #FuturesTrades
[09:24:49] * Now talking in #FuturesTrades
[09:24:49] <@X> [wrbtrader] chat room archives @ viewforum.php?f=20
[09:25:55] <+Trendtrader> gm all
[09:26:23] <@wrbtrader> Good morning all
[09:28:02] <winmax60> good morning wrbtrader and everyone in the room
[09:29:53] <+Trendtrader> Shorts Emini TF @ 792.9 «« simulator »»
[09:29:55] <+Trendtrader> x6
[09:30:19] <+Trendtrader> Covered 1/2 Emini TF Short @ 791.9 --> + 1 «« simulator »»
[09:32:34] <+Trendtrader> Covered Emini TF Short @ 790.9 --> + 2 «« simulator »»
[09:32:40] <+Trendtrader> 1 remining
[09:32:54] <+Trendtrader> Covered Remainder Emini TF Short @ 792.2 --> + 0.7 «« simulator »»
[09:39:15] <@wrbtrader> Shorts Emini TF @ 791.40 -> large size
[09:39:23] <@wrbtrader> 6 contracts
[09:39:25] <@wrbtrader> intuition
[09:42:16] <@wrbtrader> Covered all Emini TF Short @ 790.50 --> + 0.9
[09:57:52] <@wrbtrader> Long Emini TF @ 793.00 -> large size
[09:58:32] <@wrbtrader> :(
[09:58:45] <@wrbtrader> forgot about the 1000am est key market event
[09:59:09] <@wrbtrader> The GBP NIESR GDP Estimate out of Europe
[09:59:20] <@wrbtrader> Exited all Emini TF Long @ 793.00 --> 0
[09:59:34] <+Trendtrader> houdini :)
[10:00:00] <@wrbtrader> Not really...dumped it as soon as I remember that report
[10:00:23] <@wrbtrader> European traders react too it a lot
[10:00:54] <+Trendtrader> true, but had you hesitated, well, the chart tells the story.
[10:01:05] <@wrbtrader> I'm still bullish
[10:01:21] <@wrbtrader> Just didn't like my entry a minute or so before that report release
[10:01:31] <+Trendtrader> 9:50 WRB HG?
[10:01:34] <@wrbtrader> not with the size I had
[10:01:55] <@wrbtrader> 0949am via the 1min chart is my WRB HG
[10:02:07] <@wrbtrader> was intended to be a fast trade
[10:02:38] <+Trendtrader> gotcha, the one I quoted was off the 2min chart.
[10:03:29] <@wrbtrader> Long Emini TF @ 792.20 -> large size
[10:03:37] <@wrbtrader> 6 contracts
[10:03:47] <@wrbtrader> via 2min chart
[10:05:41] <@wrbtrader> Exited all Emini TF Long @ 791.40 --> - 0.8
[10:06:16] <@wrbtrader> 790.40 was my stop
[10:06:34] <@wrbtrader> price action doesn't look good...dumped it
[10:07:24] <@wrbtrader> now choppy
[10:07:36] <@wrbtrader> Long Emini TF @ 792.40 -> large size
[10:07:59] <@wrbtrader> re-entry
[10:08:03] <@wrbtrader> still choppy
[10:10:35] <@wrbtrader> Exited all Emini TF Long @ 792.60 --> + 0.2
[10:11:29] <@wrbtrader> another escape before the rug got pulled out from below
[10:12:04] <@wrbtrader> tight trading range developing
[10:23:51] <@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
[10:32:26] <@wrbtrader> Shorts Emini TF @ 788.70 -> medium size
[10:32:32] <@wrbtrader> 4 contracts
[10:34:51] <@wrbtrader> Have not gotten one WRB pt1 today so far :(
[10:35:12] <@wrbtrader> Covered all Emini TF Short @ 788.10 --> + 0.6
[10:35:32] <@wrbtrader> just too choppy for me
[10:48:28] <@wrbtrader> Shorts Emini TF @ 788.60 -> medium size
[10:48:40] <@wrbtrader> 3+1
[10:49:12] <@wrbtrader> Hesitated for a short @ 789.80
[10:50:59] <@wrbtrader> Covered all Emini TF Short @ 787.50 --> + 1.1
[10:51:03] <@wrbtrader> WRB pt1 reached
[10:51:31] <@wrbtrader> first one of the day via an intuition trade
[11:02:31] * Retrieving #FuturesTrades modes...
[11:06:12] <@wrbtrader> Shorts Emini TF @ 786.60 -> small size
[11:07:38] <@wrbtrader> 3 contracts
[11:14:09] <@wrbtrader> Covered all Emini TF Short @ 785.60 --> + 1
[11:14:14] <@wrbtrader> WRB pt1 reached
[11:22:34] <@wrbtrader> Creeper Down Movement still active
[11:22:54] <@wrbtrader> Yet, its trying hard to push higher into a Creeper Up Movement
[11:23:16] <T4n_paper> w/ nq sup
[11:25:34] <@wrbtrader> need a retracement of several ticks to get me Long
[11:27:33] <@wrbtrader> not chasing today because I've already seen "too much" choppy price action
[11:33:28] <@wrbtrader> looks like the bus has left the station
[11:33:35] <@wrbtrader> without me :)
[11:53:52] <@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
[12:01:10] <@wrbtrader> NYSE AD Line showing a Creeper Down Movement still active
[12:02:41] <@wrbtrader> Shorts Emini TF @ 787.40 -> small size
[12:02:47] <@wrbtrader> 2 contracts
[12:08:45] <@wrbtrader> Covered all Emini TF Short @ 787.00 --> + 0.4
[12:46:29] <+T4n_paper> Long TF @ 790.4 -> small size «« simulator »»
[12:52:21] <+T4n_paper> Exited TF Long @ 791.8 --> + 1.4 «« simulator »»
[13:18:10] <+T4n_paper> 1310 hg
[13:23:52] <@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
[13:39:59] <+T4n_paper> Long TF @ 792.2 -> small size «« simulator »»
[13:44:18] <+T4n_paper> Exited TF Long @ 791.9 --> - 0.3 «« simulator »»
[13:51:02] <+T4n_paper> stuck in that hg
[14:21:54] <+T4n_paper> Long TF @ 791.9 -> small size «« simulator »»
[14:26:58] <+T4n_paper> Exited TF Long @ 792.3 --> + 0.4 «« simulator »»
[15:01:06] <+T4n_paper> certainly not volitile
[15:08:53] <@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
[15:16:29] <+T4n_paper> zzzz
[15:19:36] <@wrbtrader> Yep
[15:19:39] <@wrbtrader> :)
[15:31:19] <@wrbtrader> Creeper Down Movement still active
[15:51:10] <@wrbtrader> Shorts Emini TF @ 788.40 -> small size
[15:51:20] <@wrbtrader> 2 contracts
[15:51:25] <@wrbtrader> early entry error
[15:51:42] <@wrbtrader> itchy trigger finger :(
[15:53:42] <@wrbtrader> WRB pt1 reached
[15:54:59] <@wrbtrader> Covered all Emini TF Short @ 787.90 --> + 0.5
[15:56:31] <@wrbtrader> Creeper Down Movement still active
[16:00:22] <@wrbtrader> WRB Hidden GAP on the 1min chart @ 1558pm est
[16:03:42] <@wrbtrader> Take care all and see all tomorrow...very quiet trading day for me after yesterday.
[16:38:53] <@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
Session Close: Thu May 10 20:46:04 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


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