Login    Forum    Search    FAQ



Post new topic Reply to topic Bookmark and Share  [ 1 post ] 
Author Message
 Post subject: October 10th Wednesday - Futures, Forex, Stocks and ETFs
 Post Posted: Wed Oct 10, 2012 5:54 pm 
Offline
Trader / Forum Admin

Joined: Tue Dec 16, 2008 1:02 am
Posts: 3326
Location: Canada
#TheStrategyLab (formerly known as #FuturesTrades) is free along with being a serious professional trading chat room involving WRB Analysis and any trader (position trader, swing trader and day 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:
Chat room only for traders using concepts of WRB Analysis. In addition, 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:
101012-Key-Price-Action-Markets.png
101012-Key-Price-Action-Markets.png [ 547.39 KiB | Viewed 231 times ]

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

Chat logs saved (timestamp) from Québec, Canada in eastern daylight time

Session Start: Wed Oct 10 04:09:54 2012
Session Ident: #TheStrategyLab
[04:09:54] * Now talking in #TheStrategyLab
[04:25:39] <@X> #TheStrategyLab -> Chat room for day traders, swing traders, position traders using concepts from WRB Analysis to help improve the performance of their trade signal strategies. WRB Analysis free study guide @ http://www.thestrategylab.com/tsl/forum ... =119&t=718
[04:28:05] <Tigerman> gm all
[04:31:22] <+Tigerman> noisy session right now in most markets
[04:31:58] <+Tigerman> nothing to bite
[04:32:26] <@wrbtrader> Emini TF, EuroFX 6E and Light Crude Oil CL futures are in a low volatility tight trading range
[04:35:55] <+Tigerman> down spike let see if some follow up arise
[04:38:06] <+Tigerman> Shorts EuroFX 6E @ 1.2872
[04:48:02] <@wrbtrader> Shorts Light Crude Oil CL @ 91.99 -> medium size
[04:48:15] <@wrbtrader> 2+2
[04:53:38] <+Tigerman> Covered all EuroFX 6E Short @ 1.2875 --> - 0.0003
[04:54:55] <+Tigerman> oil seems change his mind
[04:55:03] <+Tigerman> from down to up move now
[04:55:14] <+Tigerman> same in euro fx
[04:57:03] <@wrbtrader> There's no key market events right now (nearby) to get this price action "away" from this low volatility tight trading range.
[04:57:45] <@wrbtrader> These trading instruments at this trading duration time of the day are DEPENDENT upon key market events.
[04:57:55] <+Tigerman> in hindsigh a better choise was to revert my lose position in a long trade because a rebound in a support
[04:58:01] <@wrbtrader> Without it = tough trading
[04:58:13] <+Tigerman> yeah no big news expected
[04:58:40] <+Tigerman> better the big one like euro crisis debt and so on
[05:00:17] <@wrbtrader> Covered all Light Crude Oil CL Short @ 92.10 --> - 0.11
[05:01:23] <+Tigerman> we can say now oil has confermed a creepy up move
[05:02:06] <@wrbtrader> I have NO creeper up movement in Oil
[05:02:16] <@wrbtrader> still in a Creeper Down Movement
[05:05:51] <@wrbtrader> Shorts Light Crude Oil CL @ 92.05 -> medium size
[05:05:59] <@wrbtrader> 4 contracts
[05:06:14] <@wrbtrader> re-entry
[05:21:59] <@wrbtrader> Gold GC futures trying to move higher inside the range of a prior WRB Hidden GAP @ 0450am - 0452am est
[05:25:32] <@wrbtrader> Covered all Light Crude Oil CL Short @ 91.85 --> + 0.2
[05:25:40] <@wrbtrader> WRB pt2 reached
[05:25:55] <+Tigerman> very good :)
[05:28:22] <+Tigerman> short Dax 7219
[05:28:30] <@wrbtrader> I had a ton of help from other key markets price action on the trade management in Oil CL futures after entry.
[05:28:52] <+Tigerman> Shorts Eurex DAX @ 7219
[05:30:31] <+Tigerman> Covered all Eurex DAX Short @ 7211 --> + 8
[05:30:50] <+Tigerman> spike in Dax is violent and fast
[05:31:10] <+Tigerman> only 1 contract
[05:31:37] <+Tigerman> it is enought scary for me his size
[05:32:28] <@wrbtrader> Eurex DAX is one of those trading instruments you NEED a real-time news source about Europe issues because its extremely sensitive to news.
[05:41:55] <@wrbtrader> Reminder - Oil futures EIA Petroleum Status Report is not today due to the holiday on Monday. Instead, it will be released Thurs @ 1100am est.
[05:43:19] <@wrbtrader> Key Market Events today @ 10am and 2pm est
[05:46:35] <@wrbtrader> Oil CL futures still in a Creeper Down Movement
[05:48:43] <+Tigerman> many europe's country agreed on tobin tax :(
[05:50:42] <+Tigerman> it is still not clear to me if depends on traders/banks residence or apply only for some europe exchange
[05:51:18] <+Tigerman> I mean a germany resident trading us stocks is not interested
[05:52:04] <+Tigerman> maybe is only a talk before election then nothing follow
[05:52:17] <+Tigerman> thats what any trader want of course
[05:55:39] <@X> #TheStrategyLab -> Chat room for day traders, swing traders, position traders using concepts from WRB Analysis to help improve the performance of their trade signal strategies. WRB Analysis free study guide @ http://www.thestrategylab.com/tsl/forum ... =119&t=718
[07:12:34] <leoconteisni> gm all
[07:40:39] <@X> #TheStrategyLab -> Chat room for day traders, swing traders, position traders using concepts from WRB Analysis to help improve the performance of their trade signal strategies. WRB Analysis free study guide @ http://www.thestrategylab.com/tsl/forum ... =119&t=718
[07:54:24] <@wrbtrader> Creeper Up Movement Light Crude Oil CL futures
[07:56:43] <@wrbtrader> key markets not insync
[07:57:00] <@wrbtrader> some retracing a little while others moving higher in a Creeper Up Movement
[08:04:56] <@wrbtrader> be back in a few minutes...gotta reboot
Session Close: Wed Oct 10 08:05:24 2012

Session Start: Wed Oct 10 08:05:24 2012
Session Ident: #TheStrategyLab
[08:05:25] * Disconnected
Session Close: Wed Oct 10 08:05:25 2012

Session Start: Wed Oct 10 08:16:16 2012
Session Ident: #TheStrategyLab
[08:16:16] * Now talking in #TheStrategyLab
[09:10:39] <@X> #TheStrategyLab -> Chat room for day traders, swing traders, position traders using concepts from WRB Analysis to help improve the performance of their trade signal strategies. WRB Analysis free study guide @ http://www.thestrategylab.com/tsl/forum ... =119&t=718
[09:28:44] <+Fleneer> good morning
[09:29:54] <+Trendtrader> gm all
[09:30:15] <@wrbtrader> Ding Ding Ding
[09:30:29] <+Fleneer> place your bets the Market is OPEN
[09:34:11] <+Trendtrader> Long Emini TF @ 826.6
[09:34:13] <+Trendtrader> x2
[09:37:30] <@wrbtrader> Shorts Emini TF @ 826.00 -> large size
[09:37:47] <@wrbtrader> 6 contracts
[09:42:27] <@wrbtrader> Covered all Emini TF Short @ 823.70 --> + 2.3
[09:42:44] <+leoconteisni> nice sell
[09:42:56] <@wrbtrader> early exit (not a WRB pt level)
[09:47:34] <+Fleneer> taketheprofit my favorite indicator
[09:47:47] <@wrbtrader> :)
[09:49:54] <@wrbtrader> Long Light Crude Oil CL @ 92.19 -> small size
[09:50:02] <@wrbtrader> 2 contracts
[09:51:49] <@wrbtrader> Exited all Light Crude Oil CL Long @ 92.30 --> + 0.11
[09:56:44] <@wrbtrader> It only took me one week to learn NOT to trade EuroFX 6E futures during the time of the U.S. market open first 30 minute trading session (0930am - 1000am est)
[09:57:08] <@wrbtrader> incredible low volatility tight trading range for the EurofX 6E futures at that time.
[09:57:55] <@wrbtrader> key markets not insync
[09:59:06] <@wrbtrader> pending key market event
[10:00:35] <@wrbtrader> Long EuroFX 6E @ 1.2890 -> large size
[10:00:45] <@wrbtrader> 6 contracts
[10:01:46] <@wrbtrader> tighten stop loss protection
[10:03:27] <@wrbtrader> Exited all EuroFX 6E Long @ 1.2903 --> + 0.0013
[10:03:34] <@wrbtrader> WRB pt1 reached
[10:07:29] * X changes topic to ' WRB Analysis Chat room only for traders using WRB Analysis (WRBs, WRB Hidden GAPs, WRB Zones) for day trading, swing trading or position trading.'
[10:12:18] <@wrbtrader> Light Crude Oil CL futures now in a Creeper Up Movement
[10:12:42] <+Trendtrader> Exited 1/2 Emini TF Long @ 826.7 --> + 0.1
[10:13:01] <@wrbtrader> Emini TF futures now settling into a tight trading range.
[10:18:04] <RyanD> So is the creeper up movement all you are using to measure volatility/setups on key markets @wrbtrader?
[10:26:00] <@wrbtrader> No
[10:26:35] <@wrbtrader> I measure volatility via WRB Analysis or generic Volatility Analysis
[10:27:32] <+Trendtrader> Exited Remainder Emini TF Long @ 826.7 --> + 0.1
[10:28:23] <@wrbtrader> Creeper Up Movement helps me from fighting "against" any trend, strong continuation or slow developing directional price actions.
[10:28:41] <@wrbtrader> Simply, once I know what not to trade against...
[10:29:02] <@wrbtrader> I obviously can then try to trade "with" the direction instead of against it.
[10:30:16] <@wrbtrader> EuroFX 6E futures in a Creeper Up Movement
[10:32:07] <@wrbtrader> Light Crude Oil CL futures in a Creeper Up Movement
[10:32:40] <@wrbtrader> Emini TF futures needs to go a little higher to traverse into a Creeper Up Movement
[10:33:01] <@wrbtrader> Forex EurUsd in a Creeper Up Movement
[10:33:14] <+leoconteisni> 828.0 a big resistance?
[10:33:24] <@wrbtrader> Key markets trying hard to get insync into the Creeper Movements
[10:33:43] <@wrbtrader> Gold GC futures in a Creeper Up Movement
[10:56:37] <@X> #TheStrategyLab -> Chat room for day traders, swing traders, position traders using concepts from WRB Analysis to help improve the performance of their trade signal strategies. WRB Analysis free study guide @ http://www.thestrategylab.com/tsl/forum ... =119&t=718
[11:11:36] <@wrbtrader> Emini futures ES, NQ, EMD, YM and TF are still in a low volatility tight trading range = tough trading if you dare to trade it :)
[11:23:24] <@wrbtrader> Eurex futures DAX and DJstoxx50 have not done much today too...
[11:23:33] <@wrbtrader> They also in a low volatility tight trading range
[11:23:44] <@wrbtrader> same with the Euronext futures CAC40
[11:43:45] <@wrbtrader> key markets trying to get insync after the volatility spike
[12:01:33] <@wrbtrader> Creeper Down Movement for Emini TF futures
[12:26:37] <@X> #TheStrategyLab -> Chat room for day traders, swing traders, position traders using concepts from WRB Analysis to help improve the performance of their trade signal strategies. WRB Analysis free study guide @ http://www.thestrategylab.com/tsl/forum ... =119&t=718
[12:34:42] <@wrbtrader> Shorts Emini TF @ 823.20 -> small size
[12:34:48] <@wrbtrader> 1 contract
[12:36:29] <@wrbtrader> Covered Emini TF Short @ 822.30 --> + 0.9
[12:36:37] <@wrbtrader> WRB pt1 reached
[12:47:53] <@wrbtrader> key markets insync
[12:56:12] <@wrbtrader> Creeper Down Movement still active in several key markets
[13:59:27] <@wrbtrader> pending 2pm est key market event
[14:01:35] <@wrbtrader> WRB Analysis -> - Your use of this chat room implies you're using concepts from WRB Analysis to help trade either Stocks, Emini Futures (EMD, TF, ES, NQ, YM), EuroFX Futures (6E, EC), Eurex/Euronext Futures (DAX, ESTX50, FTSE100, CAC40), Treasury Futures (ZF, ZN, ZB), Oil Futures (Brent, CL, NG, HO, QM), Exchange Traded Funds (DIA, GLD, IWM, OIH, XLE, QQQ, SPY), Forex Currencies (GbpUsd, EurUsd, EurYen, UsdCad) or other key market price actions.
[14:03:25] <@wrbtrader> Shorts EuroFX 6E @ 1.2911 -> small size
[14:03:38] <@wrbtrader> 3 contracts
[14:07:34] <+Tigerman> big spike after beige book
[14:11:34] <@wrbtrader> shallow WRB pt1 :(
[14:11:38] <@X> #TheStrategyLab -> Chat room for day traders, swing traders, position traders using concepts from WRB Analysis to help improve the performance of their trade signal strategies. WRB Analysis free study guide @ http://www.thestrategylab.com/tsl/forum ... =119&t=718
[14:12:53] <@wrbtrader> Covered all EuroFX 6E Short @ 1.2906 --> + 0.0005
[14:14:24] <+Tigerman> very good this spike can mislead many in thinking price continue higher
[14:21:59] <@wrbtrader> Light Crude Oil CL futures continuing its Creeper Down Movement
[14:24:29] <@wrbtrader> Emini TF futures and Emini ES futures not reacting much to the FED Beige Book event.
[14:24:56] <@wrbtrader> Now you know why I'm now trading multiple different trading instruments instead of just Emini TF futures...
[14:25:30] <@wrbtrader> A lot easier to just move to a different trading instrument that's having a volatility reaction when another trading instrument is not.
[14:25:55] <@wrbtrader> Reminder - Never get married to your trading instrument.
[14:26:27] <@wrbtrader> The goal is to be profitable...not to be loyal.
[14:30:03] <+Tigerman> oh wise word
[14:30:58] <@wrbtrader> Trading different trading instruments also helps with the "market context" and "intermarket analysis" to give you a better view of the BIG PICTURE.
[14:31:32] <+Tigerman> yes and not be frustrated when an instrument not moving
[14:31:56] <+Tigerman> can be another one dancing better
[14:33:39] <@wrbtrader> Agree
[14:33:39] <+Tigerman> I ll be back later ...
[14:49:39] <@wrbtrader> Emini TF futures in a Creeper Down Movement
[15:41:38] <@X> #TheStrategyLab -> Chat room for day traders, swing traders, position traders using concepts from WRB Analysis to help improve the performance of their trade signal strategies. WRB Analysis free study guide @ http://www.thestrategylab.com/tsl/forum ... =119&t=718
[16:00:24] <+Tigerman> take care all and see all tomorrow
[16:01:46] <+Fleneer> Market closed for regular NY session
[16:19:07] <@wrbtrader> Take care all and see all tomorrow
Session Close: Wed Oct 10 16:25:43 2012

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

#TheStrategyLab is free and is a serious professional trading chat room involving WRB Analysis in which any trader (position trading, swing trading, day trading) 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 Gbp/Usd, Eur/Usd, Eur/Yen and Usd/Cad

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: chat logs saved (timestamp) from Québec, Canada in eastern daylight 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