Login    Forum    Search    FAQ



Post new topic Reply to topic Bookmark and Share  [ 1 post ] 
Author Message
 Post subject: August 9th Thursday - Futures, Stocks, ETFs and Forex
 Post Posted: Thu Aug 09, 2012 10:47 pm 
Offline
Trader / Forum Admin

Joined: Tue Dec 16, 2008 1:02 am
Posts: 2416
Location: Canada
#TheStrategyLab is free along with being a serious professional trading chat room involving WRB Analysis and any trader can use the chat room to post their real-time trades, real-time price action analysis or market commentaries involving stocks, 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 in comparison to other free chat rooms.

#TheStrategyLab is primarily 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 (beginners and experience) that are merging WRB Analysis with their trade methods or using WRB Analysis to develop a better understanding of the price action (market context) they're trading...improving their position size management and trade management after entry.

Also, if you want #TheStrategyLab chat room to be educational for you...please ask questions instead of lurking (not participating in conversations).

Quote:
Traders that use #TheStrategyLab are not required to post trades but if you do post trades...the trades must be clear (not ambiguous) entry price/exit price and position size. Traders 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 market context information that's critical to understanding the price action you're trading. To log into #TheStrategyLab chat room...please follow the instructions here at the FTCHAT Support Forum @ http://www.thestrategylab.com/ftchat/forum/viewforum.php?f=5 or for registered members of the chat room at the TSL Support Forum @ http://www.thestrategylab.com/tsl/forum/viewforum.php?f=164

Note: Registration is not allowed here at the FTCHAT Forum...it is allowed at the TSL Forum (link above) that provides support for the #TheStrategyLab chat room.

Attachment:
080912-Key-Price-Action-Markets.png
080912-Key-Price-Action-Markets.png [ 543.64 KiB | Viewed 79 times ]

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

Session Start: Thu Aug 09 09:03:39 2012
Session Ident: #TheStrategyLab
[09:03:39] * Now talking in #TheStrategyLab
[09:03:39] * Topic is ' WRB Analysis Traders using WRB Analysis - WRBs, WRB Hidden GAPs, WRB Zones, FVB Basic Trade Signal Strategy @ http://www.thestrategylab.com/tsl/forum
[09:03:39] * Set by X on Fri Jul 27 07:38:07
[09:22:39] <Trendtrader> gm all
[09:25:57] <Tigerman> gm all
[09:26:59] <+Trendtrader> gm tiger
[09:27:24] <+Tigerman> I am curious now if this up continue or is better short it
[09:27:30] <+Tigerman> hi trend
[09:30:07] <+Trendtrader> Shorts Emini TF @ 797.1
[09:30:09] <+Trendtrader> x10
[09:33:07] <+Tigerman> confusing action till now
[09:34:11] <+Trendtrader> Covered 3/4 Emini TF Short @ 796.4 --> + 0.7
[09:34:14] <+Trendtrader> 2left
[09:34:36] <+Trendtrader> Covered Remainder Emini TF Short @ 797.2 --> - 0.1
[09:35:24] <+Trendtrader> Long Emini TF @ 797.2
[09:38:02] <+Trendtrader> x20
[09:38:23] <+Trendtrader> Exited 3/4 Emini TF Long @ 798.2 --> + 1
[09:38:28] <+Trendtrader> 2left
[09:38:42] <+Trendtrader> Exited Remainder Emini TF Long @ 797.1 --> - 0.1
[09:39:47] <@wrbtrader> Good morning all
[09:39:57] <+Tigerman> hi wrbtrader
[09:40:09] <+Trendtrader> gm wrb
[09:42:29] <+Tigerman> Long iShares IWM @ 80
[09:42:43] <+Tigerman> Exited 1/2 iShares IWM Long @ 80.06 --> + 0.06
[09:42:57] <+Tigerman> Exited Remainder iShares IWM Long @ 80.12 --> + 0.12
[09:46:51] <@wrbtrader> Key Market Events Remaining Today @ 1000hrs, 1030hrs and 1300hrs est
[09:48:32] <@wrbtrader> Long Emini TF @ 799.50 -> large size
[09:48:45] <+Tigerman> just done a trade error costy 23 ticks
[09:48:46] <@wrbtrader> 6 contracts
[09:49:24] <+Tigerman> 2 tick I mean
[09:49:55] <@wrbtrader> starting to show shome chop and I don't like chop showing up after my entry
[09:49:56] <@wrbtrader> :(
[09:50:31] <@wrbtrader> Exited all Emini TF Long @ 799.10 --> - 0.4
[09:50:32] <+Tigerman> yep choppy but maybe ok x a reentry
[09:51:17] <+Tigerman> price inside last WRB in iwm
[09:51:53] <+Tigerman> I still trade with few chart untill a setup PC with some upgrades
[09:52:04] <@wrbtrader> looking for a re-entry now that its stalling without the chop
[09:54:06] <@wrbtrader> Long Emini TF @ 799.50 -> large size
[09:54:11] <@wrbtrader> re-entry
[09:54:18] <@wrbtrader> 6 contracts
[09:54:24] <+Tigerman> Long iShares IWM @ 80
[09:54:42] <+Tigerman> Exited 1/2 iShares IWM Long @ 80.01 --> + 0.01
[09:54:55] <+Tigerman> Exited Remainder iShares IWM Long @ 80.04 --> + 0.04
[09:55:13] <+Tigerman> no like this price action
[09:55:19] <@wrbtrader> tighten stop loss
[09:56:59] <+Tigerman> price contracting inside this area
[09:57:15] <+Tigerman> 80.1 79.85 IWM
[09:57:49] <+Tigerman> Dax the same
[09:58:26] <@wrbtrader> Exited all Emini TF Long @ 798.80 --> - 0.7
[09:58:47] <@wrbtrader> Yeah...I'm watching the contraction in the Eurex DAX too
[09:59:05] <@wrbtrader> Oddly...tther key markets also doing the same
[10:00:35] <@wrbtrader> EuroFX 6E futures and Forex EurUsd currency testing the S area of the WRB Hidden GAP @ 0940am - 0942am est
[10:01:18] <@X> #TheStrategyLab -> Chat room for traders that are using concepts from WRB Analysis to help improve their entry signals, initial stop/loss management, profitable trail stops or profit targets. WRB Analysis free study guide @ http://www.thestrategylab.com/tsl/forum ... =119&t=718
[10:01:50] <@wrbtrader> Oil CL futures still stuck inside a long duration of volatility contraction
[10:02:29] <+Tigerman> Shorts iShares IWM @ 79.90
[10:02:34] <+Tigerman> intuition
[10:03:09] <+Tigerman> a risky trade with tight stop
[10:07:34] <+Tigerman> Covered all iShares IWM Short @ 79.91 --> - 0.01
[10:07:51] <+Tigerman> :(( price was going nowhere
[10:10:59] <@wrbtrader> wow...what happen to the volatility ???
[10:11:14] <@wrbtrader> It dried up
[10:11:16] <@wrbtrader> :(
[10:12:20] <+Tigerman> Long iShares IWM @ 80.02
[10:13:19] <+Tigerman> Exited 1/2 iShares IWM Long @ 80.06 --> + 0.04
[10:13:40] <+Tigerman> not a target but not see a strong move
[10:15:20] <@wrbtrader> I'm not going to touch Emini TF futures again until it gets outside the range of that WRB Hidden GAP @ 0940am - 0942am est
[10:15:26] <+Tigerman> Exited Remainder iShares IWM Long @ 80.03 --> + 0.01
[10:16:15] <+Tigerman> yep agreed price ping pong inside it cause loss and stress
[10:20:24] <+Tigerman> Long iShares IWM @ 80.12
[10:21:15] <+Tigerman> also chase a little good entry shouls be less 80.10
[10:21:36] <+Tigerman> but try to catch this move outside contraction
[10:22:11] <+Tigerman> Exited all iShares IWM Long @ 80.20 --> + 0.08
[10:22:44] <+Tigerman> wow just a secdond before price retrace near my entry ... lucky :)
[10:23:30] <+Tigerman> my think was if exit only half but reasoning that exiting all was better in move not so strong
[10:40:27] <@wrbtrader> Long Emini TF @ 801.40 -> medium size
[10:40:37] <@wrbtrader> 4 contracts
[10:40:49] <@wrbtrader> Creeper Up Movement still active...just looks like crap
[10:50:29] <+Tigerman> super crap
[10:53:57] <@wrbtrader> Yeah...I didn't expect this type of volatility today :(
[10:54:45] <@wrbtrader> I thought the last night's Europe info with today's key market events would make volatility smoother and increasing today
[10:55:41] <+Tigerman> simply we need another talk from bce :)
[10:55:46] <@wrbtrader> Exited all Emini TF Long @ 802.00 --> + 0.6
[10:56:24] <@wrbtrader> had a WRB pt1 @ 802.50 but held it a little longer to see if volatility would show up to push it higher...
[10:56:28] <@wrbtrader> It didn't :(
[11:46:19] <@X> #TheStrategyLab -> Chat room for traders that are using concepts from WRB Analysis to help improve their entry signals, initial stop/loss management, profitable trail stops or profit targets. WRB Analysis free study guide @ http://www.thestrategylab.com/tsl/forum ... =119&t=718
[11:54:25] <+Tigerman> Shorts iShares IWM @ 80
[11:55:37] <+Tigerman> trde at 17:52 but forget to post her because some distraction
[11:56:18] <+Tigerman> by same distraction also miss a nice short at 11:41
[11:57:08] <+Tigerman> here is nice to add
[11:57:11] <@wrbtrader> Shorts Emini TF @ 798.30 -> medium size
[11:57:20] <@wrbtrader> 4 contracts
[11:58:00] <@wrbtrader> Strong Continuation (Down) Movement still active
[11:58:20] <+Tigerman> yes
[11:58:38] <+Tigerman> Covered 1/2 iShares IWM Short @ 79.87 --> + 0.13
[12:00:10] <@wrbtrader> Just realized I took this entry inside the range of that WRB Hidden GAP @ 0940am - 0942am est
[12:00:18] <@wrbtrader> The one I wanted to avoid :(
[12:01:02] <@wrbtrader> Covered all Emini TF Short @ 798.40 --> - 0.1
[12:01:29] <@wrbtrader> won't get a second chance at minimizing that trade mistake
[12:02:17] <Brian> why did you want to avoid the 940-942 range?
[12:02:27] <+Tigerman> we are at the lower band of that mentioned WRB
[12:03:01] <@wrbtrader> Brian...too much volatility contraction that occurred inside that WRB HG range...
[12:03:56] <@wrbtrader> volatility contraction like that and shows a reaction when price nears the S area...
[12:04:15] <@wrbtrader> I don't want to take Short positions near that S area as I just did :(
[12:04:23] <+Brian> i see
[12:05:40] <+Tigerman> Covered Remainder iShares IWM Short @ 79.90 --> + 0.1
[12:05:58] <@wrbtrader> That S area = 797.90
[13:10:23] <+Tigerman> I exit have good lunch see all next time
[13:16:19] <@X> #TheStrategyLab -> Chat room for traders that are using concepts from WRB Analysis to help improve their entry signals, initial stop/loss management, profitable trail stops or profit targets. WRB Analysis free study guide @ http://www.thestrategylab.com/tsl/forum ... =119&t=718
[13:45:12] <@wrbtrader> This entire week and in here...feels like traders are on vacation :)
[13:45:26] <@wrbtrader> Just not much happening this week.
[13:47:07] <+Brian> there's always the olmpics to watch..for a few more days at least
[14:12:39] <@wrbtrader> Yeah...that's what I do every Olympics...its always a slow week of trading :)
[14:12:50] <@wrbtrader> I suspect many others doing the same thing
[14:33:59] <@wrbtrader> Long Emini TF @ 801.30 -> small size
[14:34:24] <@wrbtrader> Creeper Up Movement in RUT Index
[14:34:48] <@wrbtrader> 3 contract
[14:36:01] <@wrbtrader> Exited all Emini TF Long @ 801.80 --> + 0.5
[14:36:16] <@wrbtrader> WRB pt1 reached
[14:36:53] <@wrbtrader> price action stall @ 802.10 as if it hit a brick wall.
[14:37:05] <@wrbtrader> Volatility just evaporated along with the volume
[14:46:19] <@X> #TheStrategyLab -> Chat room for traders that are using concepts from WRB Analysis to help improve their entry signals, initial stop/loss management, profitable trail stops or profit targets. WRB Analysis free study guide @ http://www.thestrategylab.com/tsl/forum ... =119&t=718
[14:47:44] <+Brian> how many charts to you have up at one time?
[15:01:15] <@wrbtrader> Brian...if you have a specific question...
[15:01:30] <@wrbtrader> you need to post the name of the user name with the question
[15:01:46] <@wrbtrader> Because some of us aren't really in here
[15:02:20] <@wrbtrader> What I mean is that some in here are elsewhere posting trades and those trades are then "relayed" into here
[15:02:36] <@wrbtrader> I do that sometimes via market commentaries only but not trades.
[15:03:22] <@wrbtrader> Thus, sometimes I post in another chat and my messages are auto sent in #TheStrategyLab via the "/amsg" command as an example
[15:03:47] <@wrbtrader> Simply, many times I won't know you have a specific message for me or for anyone else if you don't include the user name.
[15:04:11] <@wrbtrader> The user name makes a beeping sound for me whenever someone saids "wrbtrader"
[15:04:36] <@wrbtrader> That then prompts me to open my #TheStrategyLab window to see the message
[15:05:58] <@wrbtrader> To answer your question assuming its for me...right now I have up the Emini TF, IWM, NQ, CL, 6E, DAX, RUT, RUA, RUI and NYSE/Nasdaq AD line charts
[15:06:57] <@wrbtrader> I have different templates of charts that I can bring up via one click of the mouse
[15:46:13] <@wrbtrader> price action in different key markets not insync but trying hard to do it
[15:53:40] <@wrbtrader> Shorts Emini TF @ 800.70 -> large size
[15:53:49] <@wrbtrader> 4+2
[15:54:53] <@wrbtrader> geeesh
[15:56:21] <@wrbtrader> WRB pt1 reached at the same time of the Olympics Mens 200 meter race :)
[15:56:25] <@wrbtrader> gotta watch it
[15:56:56] <@wrbtrader> Covered all Emini TF Short @ 799.90 --> + 0.8
[15:57:21] <@wrbtrader> early exit because of the race
[16:04:05] <@wrbtrader> the volatility spike took price back up inside the price area of the most recent volatility contraction
[16:04:30] <@wrbtrader> I'm done trading for the day
[16:05:18] <@wrbtrader> will now watch the U.S. versus Japan soccer game (2nd half)
[16:31:20] <@X> #TheStrategyLab -> Chat room for traders that are using concepts from WRB Analysis to help improve their entry signals, initial stop/loss management, profitable trail stops or profit targets. WRB Analysis free study guide @ http://www.thestrategylab.com/tsl/forum ... =119&t=718
Session Close: Thu Aug 09 20:34:45 2012

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

#TheStrategyLab is free and is a serious professional trading chat room involving WRB Analysis in which any trader can use the chat room to post their trades or commentaries about stocks, 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. Yet, the only requirement is that you want to learn WRB Analysis.

Therefore, we welcome all traders that want to learn about WRB Analysis regardless if they are beginners or experience

The purpose of #TheStrategyLab 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 stocks, 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 #TheStrategyLab.

Reminder, our Terms of Use (TOU) Policy is a must read to prevent any misunderstandings along with revealing that #TheStrategyLab 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