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 Post subject: November 26th Monday - Futures, Forex, Stocks and ETFs
 Post Posted: Tue Nov 27, 2012 6:14 am 
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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 for traders using WRB Analysis by itself or merged with other trade methods to improve the performance of those other trade methods regardless if you're a position trader, swing trader or day trader. Therefore, you're welcome to use the chat room to post real-time trades, real-time price action analysis or market commentaries involving stocks, futures, exchange traded funds or forex currencies. In addition, we welcome all traders (beginners, experience, part-time, full-time) 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.

#TheStrategyLab is primarily designed to be a trade journal for documentation purposes only so that members can have a real time stamp archive of their trades and their market commentaries of each trading day...giving 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 the past. Therefore, if you use our chat room...its highly recommended you post messages that reflect what you see in the price action on your monitors. Your diary (journal).

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:
112612-Key-Price-Action-Markets.png
112612-Key-Price-Action-Markets.png [ 533.22 KiB | Viewed 248 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: Mon Nov 26 07:13:52 2012
Session Ident: #TheStrategyLab
[07:13:52] * Now talking in #TheStrategyLab
[08:00:28] <tonyc> http://content.screencast.com/users/ton ... 6_0755.png
[08:00:47] <+tonyc> this one looks very promising to me
[08:11:57] <+tonyc> i'm sharing ideas and they are usually wrong
[08:12:30] <+tonyc> but sometimes they are right
[08:19:39] <@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
[09:14:47] <Trendtrader> gm all
[09:20:25] <wave1> gm all
[09:26:15] <wiseguy7600_> gm
[09:31:09] <+Trendtrader> Long Emini TF @ 803.3
[09:31:11] <+Trendtrader> x2
[09:32:29] <+Trendtrader> Exited all Emini TF Long @ 803.4 --> + 0.1
[09:34:14] <@wrbtrader> Shorts Light Crude Oil CL @ 802.90 -> large size
[09:34:36] <@wrbtrader> 6+3
[09:34:50] <@wrbtrader> :(
[09:35:24] <@wrbtrader> Covered all Light Crude Oil CL Short @ 803.70 --> - 0.8
[09:35:44] <@wrbtrader> costly error
[09:36:12] <Tigerman> gm all
[09:36:25] <+Tigerman> today I just watch
[09:36:58] <+Tigerman> too busy to fill important document
[09:37:09] <+Tigerman> too distracting too put money on table
[09:37:50] <+Tigerman> but I ll try to analyze and learn what I can anyway
[09:40:01] <@wrbtrader> Shorts Light Crude Oil CL @ 803.80 -> large size
[09:40:20] <@wrbtrader> 9 contracts
[09:41:47] <@wrbtrader> these are Emini TF trades
[09:41:58] <@wrbtrader> having problems getting the script to change over
[09:42:23] <+wave1> geez chop chop nq looking L side
[09:43:03] <@wrbtrader> Covered all Emini TF Short @ 805.60 --> - 1.8
[09:43:19] <canaandog> ow
[09:44:58] <@wrbtrader> key markets range bound except for Emini TF
[09:45:16] <@wrbtrader> something will give in soon
[09:48:18] <@wrbtrader> now stuck in a 4 tick range
[09:49:40] <@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
[09:49:44] <@wrbtrader> volatility suddenly dropping fast
[09:53:04] <Fleneer> good morning
[09:56:53] <@wrbtrader> volatility slowly expanding again
[09:58:00] <+wave1> bar closing at lows
[09:59:57] <+tonyc> http://content.screencast.com/users/ton ... 6_0959.png
[10:06:59] <werner> gm all
[10:12:40] <+wave1> L nq 34.0
[10:13:36] <+werner> nice sup there indd
[10:13:48] <+wave1> out 35
[10:14:01] <+wave1> chop no move
[10:14:34] <+werner> :(
[10:18:34] <@wrbtrader> Shorts Emini TF @ 804.00 -> large size
[10:18:46] <@wrbtrader> 5+4
[10:18:58] <@wrbtrader> same trade
[10:19:52] <@wrbtrader> volatility picked up again around the 804.10
[10:20:03] <@wrbtrader> that's 3 trades in a role it did that
[10:20:14] <@wrbtrader> looks like a developping "reaction point"
[10:21:55] <@wrbtrader> its a reaction point
[10:22:02] <@wrbtrader> :(
[10:22:20] <@wrbtrader> 804.20
[10:26:19] <@wrbtrader> Covered all Emini TF Short @ 803.90 --> + 0.1
[10:27:11] <@wrbtrader> Gold GC and Oil CL volatility spike while Emini TF was trying hard to contract :(
[10:30:34] <+tonyc> http://content.screencast.com/users/ton ... 6_1029.png
[10:45:21] <@wrbtrader> Starting to look like "hangover" Monday or "shopping burnout" Monday...
[10:45:37] <@wrbtrader> Traders seem to now be on a break at the momemt
[10:48:43] <+Tigerman> yeah price contractin going nowhere
[10:49:10] <+Tigerman> in hindsight only a strong move in cl before regular open
[10:57:59] <@wrbtrader> Shorts Emini TF @ 803.60 -> large size
[10:58:17] <@wrbtrader> same trade as the others
[10:58:28] <@wrbtrader> 9 contracts
[11:02:18] <@wrbtrader> It really feels like a "low volatility holiday trading session"...as if the markets will close early today.
[11:03:24] <wave1> y
[11:03:59] <@wrbtrader> I'm double checking my market calendar to make sure I didn't miss any memos :)
[11:05:16] <@wrbtrader> WRB pt1 reached
[11:05:22] <T4n_paper> nice drop out of the low vol
[11:05:34] <@wrbtrader> gotta let it ride because I'm sitting on a loss for the day
[11:07:16] <+wave1> fell but was not easy to trade
[11:07:17] <@wrbtrader> back @ WRB pt1
[11:07:31] <@wrbtrader> 801.80
[11:09:46] <@wrbtrader> Oil CL futures oddly increasing volatility now
[11:10:45] <@wrbtrader> I need an exit "less than" 801.00 to get green for the day
[11:13:45] <@wrbtrader> Covered 2/3 Emini TF Short @ 800.90 --> + 2.7
[11:14:14] <@wrbtrader> rolling the dice to see if I can get more on the remainders
[11:14:36] <+wave1> vn
[11:17:16] <@wrbtrader> volatility contraction
[11:17:23] <@wrbtrader> in key markets
[11:17:42] <@wrbtrader> tightning trail @ profit
[11:19:40] <@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
[11:22:06] <+tonyc> http://content.screencast.com/users/ton ... 6_1121.png
[11:23:13] <+tonyc> probably all of these patterns are being looked at by all of the traders
[11:26:17] <@wrbtrader> Covered all Emini TF Short @ 800.90 --> + 2.7
[11:26:35] <@wrbtrader> I ran out of patience
[11:27:21] <@wrbtrader> and I knew a volatility spike was pending soon after the new volatility contraction and before the mid-day trading session begins
[11:27:38] <@wrbtrader> It just couldn't put in a WRB pt2 level for me :(
[11:28:08] <@wrbtrader> That's also one of the reasons why I begin tightning my trail stop
[11:28:26] <@wrbtrader> just in case it spiked upwards instead of downwards
[11:29:10] <+Fleneer> Europe closing here
[11:29:14] <+wave1> was tuff to s thot there might be a push up to S but slow bleed to death
[11:32:00] <+wave1> felt it may push up in AM to S :(
[11:40:46] <+tonyc> there is absolutely no way that algorithms can play the emini futures accurately . there are too many patterns being used to take them all into account
[11:42:42] <@wrbtrader> I thought algorithms were "scalping" systems
[11:42:44] <@wrbtrader> ???
[11:44:04] <+canaandog> I assumed he meant in the broader sense of "code"
[11:44:11] <@wrbtrader> ok
[11:45:13] <+tonyc> they were talking about it in pitsock , sorry . scalping sounds like what they would be good for
[12:00:17] <+wave1> biab
[12:07:23] <+Fleneer> Market predicition? I've seen no algorithm to predict chaos
[12:34:26] <+tonyc> seems the big problem with playing patterns is that it is impossible to tell when that final top or bottom has been put in and the change in direction has been made
[12:35:16] <+T4n_paper> price action was creeping up, now we have a vol spike down out of it
[12:40:40] <ajax> wrb, Canuck, for you (just typed in another room, in fun)....ya know how Canada got it's name??.....well a few trappers were sitting around the camp fire....a Brit, a Frenchie, & few others....they threw around names until they could not come up with a good one....then the Brit said: "qwell, how about we use ......hehehehehe.... :))
[12:41:03] <+ajax> ya know how Canada got it's name??.....well a few trappers were sitting around the camp fire....a Brit, a Frenchie, & few others....they threw around names until they could not come up with a good one....then the Brit said: "qwell, how about we use 'letters' then....hmmmm....how about a "C", eh (='a')... & how about a N, eh....then, how about a D,eh....." ......hehehehehe.... :))
[12:45:47] <+T4n_paper> :(
[13:04:40] <@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
[13:17:56] <+T4n_paper> spike
[13:29:55] <+tonyc> http://content.screencast.com/users/ton ... 6_1328.png
[13:30:27] <+tonyc> added the green one to the list
[13:32:02] <+tonyc> but , don't know if the top is in yet
[14:01:35] <+T4n_paper> previouse spike fully retraced
[14:34:41] <@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
[15:32:31] <+werner> gn all
[15:46:33] <@wrbtrader> Long Emini TF @ 806.40 -> small size
[15:46:49] <@wrbtrader> 3 contracts
[15:56:17] <@wrbtrader> Exited all Emini TF Long @ 806.90 --> + 0.5
[15:56:36] <@wrbtrader> WRB pt1 reached
[15:56:53] <wave1> back ...missed all pm :(
[15:57:56] <+wave1> wow es pop
[15:57:58] <+Fleneer> Not to worry. you only missed a chance to have your pockets picked.
[15:58:17] <+wave1> lol y
[15:59:17] <+Tigerman> not many oportunity today
[16:00:23] <+Tigerman> anyway as stated early today not trading due to many document to fill and reserch
[16:13:26] <+Tigerman> take care all
[17:49:42] <@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
Session Close: Mon Nov 26 18:41:24 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


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