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 Post subject: June 22nd Friday - Futures, ETFs and Forex Currencies
 Post Posted: Fri Jun 22, 2012 6:59 pm 
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Joined: Tue Dec 16, 2008 1:02 am
Posts: 3326
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:
062212-Key-Price-Action-Markets.png
062212-Key-Price-Action-Markets.png [ 543.35 KiB | Viewed 239 times ]

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

Session Start: Fri Jun 22 07:23:35 2012
Session Ident: #FuturesTrades
[07:23:35] * Now talking in #FuturesTrades
[07:23:35] <@X> [NihabaAshi] chat room archives @ viewforum.php?f=20
[07:43:58] <@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
[09:21:46] <Trendtrader> gm all
[09:22:04] <@wrbtrader> Good morning all
[09:28:58] <@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
[09:29:19] <+Trendtrader> Shorts Emini ES @ 765.8
[09:29:24] <+Trendtrader> x4
[09:33:35] <+Trendtrader> Covered 1/2 Emini ES Short @ 764.8 --> + 1
[09:33:50] <+Trendtrader> Covered Remainder Emini ES Short @ 763.8 --> + 2
[09:34:20] <Nicolas88> Good morning all :)
[09:34:27] <wave1> gm all
[09:34:28] <+wave1> vn tt
[09:40:06] <+wave1> 56 nq poc helf
[09:56:30] <StormwolfT> hey mark, no trading today?
[09:59:33] <@wrbtrader> nothing to trade
[09:59:42] <@wrbtrader> don't worry...something will appear soon
[09:59:53] <@wrbtrader> we got the 10am est reaction
[10:00:13] <@wrbtrader> Although no key market event (KME)...traders still react to that 1000am est time
[10:01:42] <@wrbtrader> volatility increasing
[10:02:27] <@wrbtrader> Creeper Up Movement via the 1min chart
[10:05:30] <@wrbtrader> Long Emini TF @ 766.00 -> small size
[10:05:38] <@wrbtrader> 3 contracts
[10:06:31] <@wrbtrader> Creeper Up Movement still active via the 1min chart, 2min chart and now via the 3min chart
[10:08:01] <@wrbtrader> a prior WRB HG just sucked the wind out of that up movement
[10:08:04] <@wrbtrader> :(
[10:09:01] <@wrbtrader> Exited all Emini TF Long @ 765.90 --> - 0.1
[10:11:33] <@wrbtrader> looking for a re-entry around the open (R area) of that WRB HG that killed the up movement = 766.00 if its still in a Creeper Up Movement
[10:12:36] <@wrbtrader> Long Emini TF @ 766.00 -> medium size
[10:12:43] <@wrbtrader> 4 contracts
[10:12:52] <@wrbtrader> re-entry
[10:15:50] <@wrbtrader> volatility contraction showing up
[10:16:21] <@wrbtrader> Exited all Emini TF Long @ 765.30 --> - 0.7
[10:18:17] <@wrbtrader> Long Emini TF @ 765.70 -> medium size
[10:18:30] <@wrbtrader> re-entry
[10:18:36] <@wrbtrader> same price action
[10:19:41] <@wrbtrader> Exited all Emini TF Long @ 765.00 --> - 0.7
[10:20:09] <@wrbtrader> S area = 764.20
[10:22:40] <@wrbtrader> range getting tighter
[10:25:20] <pat12> starting to seem like today will be a pause bar on the daily
[10:26:19] <@wrbtrader> Long Emini TF @ 765.50 -> medium size
[10:26:25] <@wrbtrader> 4 contracts
[10:26:29] <@wrbtrader> re-entry
[10:29:05] <@wrbtrader> range tighten more
[10:29:23] <@wrbtrader> Exited all Emini TF Long @ 764.50 --> - 1
[10:29:39] <@wrbtrader> retest of the S area
[10:31:28] <@wrbtrader> Only one interval has closed "outside" the body of that WRB HG
[10:31:48] <@wrbtrader> WRB HG controlling the price action
[10:32:00] <+pat12> HG?
[10:32:20] <@wrbtrader> You're either not the real pat to ask that question :)
[10:32:37] <@wrbtrader> Seriously...you see me post about that for several years now
[10:32:47] <@wrbtrader> WRB Hidden GAP = WRB HG
[10:32:53] <+pat12> hmmm soory mental block N
[10:33:13] <+pat12> geez :) idiot me
[10:34:44] <@wrbtrader> pat12...any connection problems today or recently to get in here ?
[10:35:18] <+pat12> not when at office ...i have diff T mobile connection
[10:35:32] <@wrbtrader> ok
[10:35:41] <+pat12> @home I have the same address and no connect banned
[10:35:49] <@wrbtrader> Ok
[10:36:21] <+pat12> hate to trade from office ...need to be careful but ..
[10:36:45] <+pat12> that 56 POC on NQ hold
[10:37:46] <@wrbtrader> Long Emini TF @ 765.00 -> medium size
[10:37:54] <@wrbtrader> same trade
[10:38:10] <canaandog> hope springs eternal :)
[10:38:15] <@wrbtrader> Yet, beginning to wonder if we'll be able to escape the grip of that WRB HG
[10:38:39] <@wrbtrader> It's squeezing price action more tighter now
[10:39:39] <@wrbtrader> Exited all Emini TF Long @ 764.20 --> - 0.8
[10:39:49] <@wrbtrader> retesting S area again
[10:40:02] <@wrbtrader> volatility increasing
[10:40:40] <@wrbtrader> 2nd interval has now closed below the range of the WRB HG
[10:46:21] <@wrbtrader> geeesh
[10:46:41] <@wrbtrader> Shorts Emini TF @ 763.80 -> large size
[10:46:47] <@wrbtrader> 6 contracts
[10:47:01] <@wrbtrader> Emini YM in confirmed Creeper Down Movement
[10:49:51] <@wrbtrader> retested that S area of the mentioned WRB HG
[10:49:53] <@wrbtrader> :(
[10:50:20] <@wrbtrader> Emini YM Creeper Down Movement still active
[10:50:47] <@wrbtrader> volatility spike
[10:54:08] <@wrbtrader> Covered all Emini TF Short @ 765.30 --> - 1.5
[10:57:21] <@wrbtrader> 2.5 point range all my trades
[10:58:33] <@wrbtrader> R area of WRB HG got retested
[10:58:59] <@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
[11:03:29] <@wrbtrader> volatility spike
[11:04:44] <@wrbtrader> interval closed outside the range of that WRB HG
[11:07:48] <@wrbtrader> Creeper Up Movement...
[11:08:11] <@wrbtrader> but its still being attracted to that problematic WRB HG
[11:10:47] <@wrbtrader> price action pulled back too deep into the recent WRB HG
[11:11:02] <@wrbtrader> that means if it spikes upwards...it won't allow an entry
[11:11:17] <@wrbtrader> it now needs to contract higher without any volatility spike
[11:12:19] <@wrbtrader> If not...too close to the mid-day trading session = Less likely a strong continuation price action will occur
[11:15:53] <canaandog> (system work, not IRC instability)
[11:16:24] <@wrbtrader> IRC problems ???
[11:16:50] <+canaandog> no, testing wifi through new phone
[11:24:32] <wave1> keep losing connectiob
[11:31:54] <+wave1> connect
[11:46:12] <@wrbtrader> volatility contraction HIGHER
[11:49:19] <wave1> nq did nit make the high
[12:06:03] <+wave1> lunch time later guys ty
[12:11:03] <+StormwolfT> test
[12:17:15] <@wrbtrader> Long Emini TF @ 766.00 -> medium size
[12:17:24] <@wrbtrader> 4 contracts
[12:19:05] <@wrbtrader> Exited all Emini TF Long @ 766.20 --> + 0.2
[12:19:32] <@wrbtrader> intentionaly early exit
[12:24:39] <@wrbtrader> Creeper Down Movement trying to setup
[12:43:59] <@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
[12:50:42] * Nicolas88 is now known as Nicolas88_away
[13:53:30] <@wrbtrader> Shorts Emini TF @ 767.10 -> medium size
[13:53:41] <@wrbtrader> 3+1
[13:53:53] <@wrbtrader> intuition
[13:56:05] * Nicolas88_away is now known as Nicolas88
[13:59:33] <@wrbtrader> Covered all Emini TF Short @ 767.60 --> - 0.5
[14:07:29] <@wrbtrader> came back early to catch some volatility
[14:07:41] <@wrbtrader> hopefully that spike wasn't all of it :(
[14:13:59] <@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
[14:24:05] <@wrbtrader> 7 tick range
[14:24:20] <@wrbtrader> over the past 10 minutes
[14:28:11] <@wrbtrader> range trying hard to expand
[14:29:03] <@wrbtrader> volatility increasing
[14:29:42] <@wrbtrader> Long Emini TF @ 768.60 -> medium size
[14:32:47] <@wrbtrader> 4 contracts
[14:32:55] <@wrbtrader> Creeper Up Movement still active
[14:36:38] <@wrbtrader> very shallow WRB pt1
[14:39:32] <@wrbtrader> Exited all Emini TF Long @ 768.70 --> + 0.1
[14:39:54] <@wrbtrader> shallow WRB pt1...can't do anything about that
[14:40:31] <@wrbtrader> now the volatility shows up
[14:41:57] <@wrbtrader> Long Emini TF @ 769.30 -> medium size
[14:42:02] <@wrbtrader> 4 contracts
[14:42:09] <@wrbtrader> re-entry...intuition
[14:42:28] <@wrbtrader> still trying grab hold of some volatility
[14:45:41] <@wrbtrader> Exited all Emini TF Long @ 769.50 --> + 0.2
[14:48:30] <@wrbtrader> Creeper Movement still active
[14:50:01] <@wrbtrader> volatility increasing again
[14:51:00] <@wrbtrader> WRB Hidden GAPs getting bigger
[14:51:22] <@wrbtrader> glad I came back early but not getting anything out of it :(
[15:01:25] <@wrbtrader> Emini YM still in an active Creeper Up Movement
[15:01:48] <@wrbtrader> All the Emini futures are but its tight to get in
[15:13:30] <@wrbtrader> Long Emini TF @ 771.10 -> large size
[15:13:58] <@wrbtrader> 6 contracts
[15:16:11] <@wrbtrader> Creeper Up Movement still active
[15:17:09] <@wrbtrader> The most recent WRB Hidden GAP was the biggest out of several recent prior ones
[15:18:08] <@wrbtrader> still time remaining for more WRB Hidden GAPs but the clock is ticking closer to the 3:45pm = 4:00pm est rush hour traffic
[15:18:39] <@wrbtrader> restesting the S area
[15:18:52] <@wrbtrader> Exited all Emini TF Long @ 769.90 --> - 1.2
[15:19:34] <@wrbtrader> 769.50 is the S area
[15:40:55] <@wrbtrader> Long Emini TF @ 771.00 -> large size
[15:41:05] <@wrbtrader> re-entry...same price action
[15:52:36] <@wrbtrader> Its going to be a losing trading day...
[15:53:13] <@wrbtrader> Yet, hopefully I can get a runner on this large size to have at least one good trade that closes out my trading day
[15:59:00] <@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
[15:59:11] <@wrbtrader> Exited all Emini TF Long @ 771.50 --> + 0.5
[15:59:48] <@wrbtrader> Shorts Emini TF @ 770.80 -> large size
[16:00:39] <@wrbtrader> too bad I didn't see that rollover around 772.00 when I was still Long
[16:00:49] <@wrbtrader> too slow on the trigger
[16:03:41] <@wrbtrader> Covered all Emini TF Short @ 768.80 --> + 2
[16:08:47] <@wrbtrader> Lots of volatility contraction now...
[16:08:56] <@wrbtrader> I think that's it for the trading day
[16:27:44] <@wrbtrader> Take care all and have a nice weekend...
[16:28:34] <@wrbtrader> Its a big holiday here in Québec, Canada
[16:29:01] <@wrbtrader> Thus, I will be doing very little trading on Monday because Monday is the actual holiday.
[16:29:13] * wrbtrader is now known as wrbtrader_away
[16:33:56] * Nicolas88 is now known as Nicolas88_away
Session Close: Fri Jun 22 16:34:12 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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