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 Post subject: January 9th Wednesday - Futures, Forex, Stocks and ETFs
 Post Posted: Thu Jan 10, 2013 7:08 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 help 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:
010913-Key-Price-Action-Markets.png
010913-Key-Price-Action-Markets.png [ 552.4 KiB | Viewed 272 times ]

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

Session Start: Wed Jan 09 07:43:43 2013
Session Ident: #TheStrategyLab
[07:43:43] * Now talking in #TheStrategyLab
[07:43:43] * Topic is ' WRB Analysis Chat room only for traders using WRB Analysis (WRBs, WRB Hidden GAPs, WRB Zones) for day trading, swing trading or position trading.'
[07:43:43] * Set by X on Fri Dec 21 08:17:52
[07:48:40] <@wrbtrader> I will not be trading this morning...have a personal appointment involving the family. Talk to all later.
[07:48:57] * wrbtrader is now known as wrbtrader_away
[08:16:48] <zz> gm all
[09:24:23] <@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
[09:31:46] <+zz> dt coming on es
[09:46:37] <Tigerman> gm all
[09:47:14] <+Tigerman> Long iShares IWM @ 87.07
[09:48:45] <+Tigerman> Exited all iShares IWM Long @ 87.08 --> + 0.01
[09:48:57] <+Tigerman> price stall here
[09:49:56] <+zz> es looks S unless tkae out 57
[09:50:00] <+Tigerman> congestion at open price
[10:03:03] <+Tigerman> Long iShares IWM @ 87.26
[10:03:15] <+Tigerman> move seems up
[10:03:18] <+Tigerman> intuition
[10:04:50] <+Tigerman> low vola
[10:05:10] <+Tigerman> I press vor a spike soon
[10:05:27] <+Tigerman> spike in my direction :)
[10:06:48] <+Tigerman> Exited all iShares IWM Long @ 87.26 --> 0
[10:06:52] <+Tigerman> :(
[10:07:16] <+Tigerman> seems big traders still sleep after holidays
[10:07:54] <+Tigerman> today be able not lose money is a must
[10:19:51] <+zz> y
[10:33:46] <+Tigerman> only thing is moving is oil after news
[10:34:03] <+Tigerman> but no oportunity to enter x me
[10:34:25] <+Tigerman> e-minis flat in volatility
[10:36:33] <+Tigerman> Shorts Light Crude Oil CL @ 93.12
[10:37:30] <+Tigerman> fast frame due fast volatiliry move
[10:38:59] <+Tigerman> Covered all Light Crude Oil CL Short @ 93.04 --> + 0.08
[10:39:28] <+Tigerman> oil when move is a rocket period
[10:40:21] <+zz> vn
[10:41:44] <+Tigerman> Shorts Light Crude Oil CL @ 92.93
[10:42:03] <+Tigerman> oil have strong pressure right now
[10:42:40] <canaandog> I got 6 ticks of the early part of the move, but a little too slow on reentry attempt for most of profit potential :(
[10:44:13] <+Tigerman> Covered all Light Crude Oil CL Short @ 92.82 --> + 0.11
[10:46:00] <+Tigerman> on this move I drean to have lot of contracts to scale out :)
[10:46:09] <+Tigerman> dream I mean
[10:47:07] <+Tigerman> I plan to use more contracts in next months
[10:49:21] <+Tigerman> Chart platform crash now :(
[10:50:17] <+Tigerman> I reconfigured my system yestarday but no way
[10:50:35] <+Tigerman> ToS crash maybe is windows XP
[10:50:52] <+Tigerman> or maybe Tos
[10:51:09] <+canaandog> ToS = Think or swim?
[10:51:38] <+Tigerman> yep you got any issue if you using that canaan ?
[10:52:09] <+canaandog> I used to use it, still run it as secondary. never had a crash.
[10:52:50] <+canaandog> I run win7, but I'm pretty sure it's a java app, so underlying OS shouldn't make a diff
[10:53:02] <+Tigerman> please can you give me some detail about your PC and operative system ?
[10:53:17] <+Tigerman> yep java
[10:53:28] <+Tigerman> and integrate in Tos platform
[10:53:57] <+Tigerman> infact this time I refuse to install java as application to see the outcome
[10:54:42] <@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
[10:54:42] <+Tigerman> so a fresh XP installation with only ToS
[10:54:42] <+Tigerman> a dual core PC with 2 Gb ram
[10:54:57] <+canaandog> I ran it for a long time on a laptop with win7 32. now it's on a new desktop with win7 64. never crashed either place.
[10:55:02] <+Tigerman> but with my charts config max 800Mb is used
[10:55:57] <+Tigerman> OK maybe is win XP or chart config
[10:56:22] <+canaandog> shouldn't be either (but not impossible, of course)
[10:56:23] <+Tigerman> I use 36 chart
[10:57:03] <+Tigerman> Anyway my plan is to upgrade to Win 7 64bit
[10:57:37] <+Tigerman> At this point wonder if buy windows 8
[10:57:55] <+canaandog> I didn't have the hp to have that many charts (tos not very efficient), but I used to have maybe 20
[10:58:02] <+Tigerman> but fear some issue with that
[10:58:13] <+canaandog> yeah, I have little interest in going to win8
[10:58:20] <+canaandog> win7 works well
[10:58:42] <+canaandog> do you have the latest java?
[10:59:36] <+Tigerman> the problem vendor is finishing win 7 and offer ONLY win 8 soon
[10:59:50] <+Tigerman> I have NO java installed yet
[11:00:10] <+canaandog> you do or it wouldn't run :)
[11:00:27] <+Tigerman> because Tos site write is embedded in Tos platform
[11:00:37] <+canaandog> you at least have a jre (java runtime) that came with tos
[11:00:39] <+Tigerman> I use desktop version not web
[11:00:44] <+canaandog> which should work fine
[11:01:26] <+canaandog> do you have vm mods in thinkTDA.vmoptions?
[11:02:05] <+canaandog> such as: -Xmx1024m and -Xms512m
[11:02:16] <+canaandog> those are the options I have set fwiw
[11:02:41] <+Tigerman> curiously not have java installation evidence in my application list
[11:02:52] <+canaandog> sets max and min memory for java vm
[11:03:26] <+canaandog> go look at program files\thinkTDA\thinkTDA.vmoptions
[11:03:32] <+Tigerman> what you write is interesting but where I have to go in win XP??
[11:04:48] <+canaandog> I don't think I changed anything except -Xmx and -Xms lines
[11:05:27] <+Tigerman> OK now I am on ToS folder
[11:05:54] <+Tigerman> I have a thinkorswim.vmoptions
[11:05:55] <+canaandog> and don't worry about "latest java" (from web)-- the jre with tos should be good. they will have tested with it.
[11:06:06] <+canaandog> open with notepad
[11:06:26] <+canaandog> or other text editor, NOT word processor
[11:07:06] <+Tigerman> ok I have -xms512m
[11:07:35] <+Tigerman> and -xms32m
[11:07:50] <+Tigerman> seems very low
[11:08:00] <+canaandog> assume meant -xmx512m?
[11:08:29] <+Tigerman> yes xmx512m sorry
[11:08:45] <+canaandog> I suggest changing to -Xmx1024m and -Xms512m
[11:08:50] <+Tigerman> in contrast you have -xmx1024
[11:08:53] <+canaandog> may not fix problem, but won't hurt
[11:09:06] <+Tigerman> oh this is great
[11:09:08] <+canaandog> assuming you have 2G mem or better, of course
[11:09:24] <+Tigerman> 1024 means 1 Gb ?
[11:09:32] <+Tigerman> yes I have 2GB
[11:09:33] <+canaandog> yes, 1024m = 1G
[11:09:38] <+canaandog> good
[11:09:54] <+canaandog> make changes, save, restart, see if improved (but don't hold breath)
[11:10:00] <+Tigerman> so if I set 2048 maybe is better or dangerous ?
[11:10:03] <+canaandog> restart app
[11:10:07] <+canaandog> not pc
[11:10:43] <+Tigerman> ok I do it now
[11:10:57] <+canaandog> 2048... prob not dangerous, but not sure it will do any better than 1024, esp if you know tos wants 800m
[11:11:44] <+canaandog> presume you got that from tos's help->system screen
[11:11:45] <+Tigerman> Tos starts with 500-600 Mb
[11:12:14] <+Tigerman> and rise to 800Mb with more charts (36chartsnow)
[11:12:24] <+Tigerman> I plan to use more
[11:12:30] <+canaandog> then 512 and 1024 should be fine
[11:12:39] <+Tigerman> so I ll lokk in task manager
[11:12:52] <+Tigerman> look
[11:12:54] <+Tigerman> ok
[11:15:11] <+Tigerman> yes ToS help give me now 400Mb
[11:16:01] <+Tigerman> task manager give me 900Mb because the others applications
[11:17:32] <+Tigerman> canaandog which version of Java do you use or counsel to install in PC?
[11:18:02] <+Tigerman> I mean later I wanna use IB broker and it needs java installed
[11:18:16] <+canaandog> I wouldn't worry about it: the jre packaged with the app should be tested by tda and therefore just right
[11:18:26] <+canaandog> ah
[11:18:52] <+canaandog> if IB doesn't have a recommendation on the subject, "the latest" stable version is usually good
[11:19:50] <+canaandog> _sometimes_ apps require specific versions of java, but if so it usually ships with it as a jre, and/or they specify clearly
[11:20:11] <+zz> is wb on vacation?
[11:20:18] <+Tigerman> ok I ll check with IB
[11:20:58] <+canaandog> <+zz> is wb on vacation?
[11:21:16] <+canaandog> not an announced one. prob something came up, or taking day off for some reason
[11:21:22] <+Tigerman> Canaandog..seems you are skilled on pc right?
[11:21:51] <+canaandog> 25 yrs in IT :)
[11:24:07] <+canaandog> wish I was as good at trading as I was at that
[11:24:14] <MattR> same here
[11:24:21] <+Tigerman> wow good so please be patient if I ask you here and there tech issue :)
[11:24:34] <+Tigerman> I mean questions
[11:24:59] <+Tigerman> yep trading and it a bit different
[11:25:37] <+canaandog> that's an understaement :)
[11:25:37] <+Tigerman> but knowing IT help a lot :)
[11:25:56] <+Tigerman> IT is science
[11:26:31] <+Tigerman> trading is (a bit statistycal and so on )
[11:26:47] <+Tigerman> but a LOT of human emotions
[11:27:42] <+Tigerman> of course I mean knowing IT help with set up the PC
[11:27:53] <+Tigerman> less for trading strategy
[11:28:15] <+Tigerman> unless you design hardware and soft for HFT fast algo trdaing
[11:38:54] <+Tigerman> canaandog I changed value as you indication and restarted ToS
[11:39:12] <+Tigerman> let see how it behave
[11:39:23] <+canaandog> fingers crossed
[11:39:43] <+Tigerman> first think I note is that Tos reserve more memory to himself
[11:40:07] <+Tigerman> so when before I got 800Mb
[11:40:33] <+Tigerman> now I have 1.2 Gb in total
[11:40:45] <+Tigerman> indicated in task manager
[11:41:12] <+Tigerman> Tos use always 400Mb as before
[11:41:36] <+Tigerman> MANY thanks canaandog for help
[11:41:50] <+canaandog> yw
[11:41:54] <+canaandog> hope it helps
[11:42:03] <+Tigerman> just a couple of things if ypou have the time
[11:42:30] <+Tigerman> do you suggest to witch to win 7 from XP?
[11:42:49] <+Tigerman> xp is not supported next year
[11:42:52] <+canaandog> yes
[11:43:22] <+canaandog> win7 good platform
[11:43:22] <+canaandog> it's been stable
[11:43:22] <+canaandog> xp is getting creaky
[11:43:22] <+Tigerman> 64bit version right?
[11:43:23] <+canaandog> esp with new hardware
[11:43:26] <+Tigerman> and better get win 7 versus 8?
[11:44:05] <+Tigerman> so better get new mb + cpu
[11:44:16] <+canaandog> 64bit if you have a 64bit processor
[11:44:41] <+Tigerman> now I have intel dual core 1.8Ghz
[11:44:54] <+canaandog> but is it 64bit?
[11:45:14] <+Tigerman> umhh I do not know :)
[11:45:25] <+Tigerman> now I ll have a look
[11:45:44] <+canaandog> you want the OS bits to match the processor bits
[11:46:10] <+Tigerman> yep right where to look in my pc to get the bit info ?
[11:47:02] <+canaandog> try right click "my computer" or "computer" or whatever it is off win menu (can't remember if that works with xp as well as win7)
[11:47:19] <+canaandog> and choose propertis
[11:48:10] <+canaandog> win8 is too new for me-- there are always compatibility issues and bugs to be worked out
[11:48:21] <+canaandog> also, win7 has been solid
[11:49:09] <+canaandog> and win8 has a new UI, supposed to be very diff
[11:50:09] <+Tigerman> OK so Win7 64 is the way to go :)
[11:50:26] <+canaandog> but if you are upgrading from xp, instead of already having win7, you might want to consider win8
[11:50:55] <+canaandog> but research any compatibility issues and bugs carefully
[11:51:21] <+Tigerman> yeah only that "compatibility" scare me
[11:52:07] <+canaandog> and since this is a trading machine, stability is important, this win7 recommendation
[11:52:13] <+canaandog> thus
[11:52:20] <+Tigerman> so maybe get win7 now before is not on sale anymore
[11:52:49] <+Tigerman> I can upgrade later in months year or never :)
[11:52:55] <+canaandog> exactly
[11:54:03] <+Tigerman> one last things have you ever set up multimonitor on a pc ?
[11:54:10] <+Tigerman> now I have 2 monitor in one card
[11:54:22] <+Tigerman> I want minimum 4 monitor
[11:54:43] <+Tigerman> so avoid switch back and forth
[11:55:04] <+canaandog> there are cards that support 4+ monitors
[11:55:28] <+canaandog> check somewhere like newegg
[11:55:57] <+canaandog> they are not usually very good for gaming, though I presume that's not an issue
[11:55:59] <+Tigerman> ok I know some NVIDIA are good like NVS series
[11:56:27] <+Tigerman> yeah there some from amd/ati radeon series
[11:56:54] <+Tigerman> many monitor but require big power supply
[11:57:22] <+Tigerman> not sure on stability Nvidia seems prefered by professional
[11:57:49] <+Tigerman> of course also the price is professional ,thats the part I do not like :)
[11:59:36] <+canaandog> this is one I noticed: http://www.newegg.com/Product/Product.a ... 6814195086
[11:59:56] <+canaandog> haven't run it myself, but did a little research for future
[12:02:46] <+Tigerman> seems very good
[12:03:04] <+Tigerman> what I like is low power only 20 W
[12:03:22] <+Tigerman> also seems cable is included
[12:05:28] <+Tigerman> many thanks again when I ll buy card for multimonitor I report you as it works
[12:06:09] <+canaandog> k, thanks
[12:24:24] <@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
[12:27:44] <Ben_> can anyone clarify for me is it easier to use WRB on TF then ES
[12:32:35] <+Tigerman> ben ... is the same only TF move stronger
[12:33:27] <+Tigerman> but in recent time markets have low volatility so trading is harder
[12:34:04] <+Ben_> ok cool thank you
[12:35:44] <+Ben_> I am new to this chat room I was wondering does wrbtrader average down? when price goes against him?
[12:40:50] <+Tigerman> for as I know it is better avoid that and I think wrbtrader not does that
[12:41:05] <+Tigerman> but to be sure it is better ask him directly
[12:41:38] <+Ben_> k tx
[14:09:25] <@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
[14:39:07] * wrbtrader_away is now known as wrbtrader
[14:39:28] <@wrbtrader> Ben...I rarely average down.
[14:40:12] <@wrbtrader> The few times I do...it was plan prior to the trade and I begin with a position size smaller than my normal entry size.
[14:40:16] <@wrbtrader> For example...
[14:40:33] <@wrbtrader> Lets pretend in a particular situation I go in with 6 contracts.
[14:40:55] <@wrbtrader> Yet, the WRB Zone is a little too big and the price action is choppy...
[14:41:24] <@wrbtrader> I may enter the trade with ONLY 2 contracts and plan to averge into the trade up to the normal 6 contract...
[14:41:37] <@wrbtrader> average in if its rising or average in if its declining.
[14:41:51] <@wrbtrader> Yet, I keep the same stop loss
[14:42:46] <@wrbtrader> In contrast, most traders that average down...they don't use a hard stop, they didn't plan such before entry or they don't do the same if the trade is going their way.
[14:43:13] <@wrbtrader> Simply, I'm very suspicious of anyone that saids they "average down" but they don't "average up" :)
[14:47:30] <@wrbtrader> My point...averaging into a trade (up or down) can work but only in specific situations and if its planned prior to entry.
[15:02:49] <db887> l es 5375
[15:07:23] <+db887> cl 5350
[15:13:13] <+Ben_> thanks you webtrader
[15:13:34] <+Ben_> *thank you
[15:27:18] <@wrbtrader> I just finish reviewing carefully today's price action after missing most of today's trading session...
[15:27:44] <@wrbtrader> Emini futures don't look good...stuck in a low volatility trading range
[15:39:25] <@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
[15:48:45] * ajax|2 is now known as ajax
[15:49:55] <+Tigerman> welcome back wrbtrader
[15:50:10] <+Tigerman> you not miss anything as you noted
[15:57:05] <+Tigerman> price action in low vola tight range
[15:57:13] <+Tigerman> better close here
[15:57:45] <@wrbtrader> Agree...starting to look like a crappy 4pm est regular session close
[15:57:57] <@wrbtrader> Crappy as in low volatility tight tight trading range
[15:58:33] <+Tigerman> yep nothing to do
[15:58:54] <@wrbtrader> also, many key markets NOT insync
[15:59:21] <@wrbtrader> Emini ES trying to go higher while Emini TF was trying to go lower :(
[16:00:40] <@wrbtrader> One of the first good things I learned about trading...
[16:00:47] <@wrbtrader> Not every day is a trading day
[16:01:03] <+Tigerman> yeah
[16:01:29] <@wrbtrader> It's a hard concept mainly for "day traders".
[16:01:46] <@wrbtrader> In contrast, most swing traders or position traders understand that concept
[16:01:59] <+Tigerman> simply knowing that and know when to trade vs when stay aside is a great efge
[16:02:03] <+Tigerman> edge
[16:02:36] <@wrbtrader> Meant, most day traders are not comfortable with that concept..."not every day is a trading day".
[16:03:01] <+Tigerman> seems today you know today was not good and show up only now :)
[16:03:31] <@wrbtrader> Yeah...my personal appointments are usually "last minute".
[16:04:10] <@wrbtrader> I try to guess when price action is going to not be good for the day and then schedule personal appointments on those days and not on other days.
[16:04:35] <@wrbtrader> For example, I won't never schedule a personal appointment on a FOMC Announcement day :)
[16:04:38] <+Tigerman> that good
[16:04:52] <@wrbtrader> volatility too good on a FOMC day
[16:06:13] <+Tigerman> yep news move the markets but seems many are still unware of it :)
[16:06:30] <+Ben_> wrbtrader do u post entries and exits on this chatroom???
[16:06:54] <@wrbtrader> Ben...you must be in here first time because that's a very strange question.
[16:07:00] <+Ben_> yes
[16:07:03] <+Ben_> hahah
[16:07:36] <@wrbtrader> You can see the archive chat logs @ http://www.thestrategylab.com/ftchat/forum/
[16:07:44] <+Ben_> thank u
[16:07:56] <@wrbtrader> You'll see that I post entries, exits and contract size
[16:08:32] <@wrbtrader> You can also read about my "Daily Trade Routine" at that link
[16:08:56] <+Ben_> how well would u say WRB works on the E-mini wen i looked at ur P/L it looks to me that u trade TF the most
[16:09:53] <@wrbtrader> No...overall...I trade the Light Crude Oil CL futures...
[16:10:00] <@wrbtrader> Then the Emini ES futures
[16:10:12] <@wrbtrader> Now, recent years...the Emini TF futures.
[16:10:28] <@wrbtrader> Yet, if I were to examine my entire trading career...
[16:11:02] <@wrbtrader> My trades in Light Crude Oil CL futures EASILY outnumber the number of trades I've taken in Emini ES futures or Emini TF futures
[16:11:27] <@wrbtrader> Recently, I've slowly returned to Light Crude Oil CL futures
[16:11:45] <@wrbtrader> Thus, I now trade multiple trading instruments
[16:12:18] <@wrbtrader> Ben...have you downloaded the WRB Analysis free study guide and read it ???
[16:12:27] <+Ben_> ok cool one more question what time frame do you use to trade 1 min /5min / etc
[16:12:44] <+Ben_> yes today i downloaded it
[16:13:33] <@wrbtrader> I use 2min, 3min, 5min and 15min
[16:14:00] <@wrbtrader> Sometimes I use 1min but only on extreme high volatility price actions like a FOMC Announcement
[16:14:24] <@wrbtrader> I don't like using time frames less than 1min...
[16:14:38] <@wrbtrader> That's scalping and I don't have the proper tools for scalping
[16:15:10] <+Ben_> do you go for 1pt profits on emini or bigger
[16:15:35] <@wrbtrader> When you read the free study guide or my "daily routine"...
[16:15:45] <@wrbtrader> You'll be able to answer all of those questions.
[16:16:36] <+Ben_> nice I will probably read the study guide today see if I can find anything that fits with my style.
[16:17:16] <@wrbtrader> That "daily routine" message post was specifically designed to answer questions like "what time frame do you use".
[16:17:30] <@wrbtrader> I use to get the same type of questions every day by different traders.
[16:17:50] <@wrbtrader> Thus, I now just send them that link...saves me a lot of time responding to the same questions
[16:19:42] <+Ben_> hahah ya I understand no problem i will look over it today.
[16:24:46] <+Tigerman> take care all see all tomorrow
Session Close: Wed Jan 09 17:07:10 2013

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

#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 #WRB_Analysis 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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