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 Post subject: March 12th Tuesday - Futures, Forex, Stocks and ETFs
 Post Posted: Tue Mar 12, 2013 9:26 pm 
Trader / Forum Admin

Joined: Tue Dec 16, 2008 1:02 am
Posts: 2907
Location: Canada
##TheStrategyLab (located on the Freenode IRC network) is free along with being a serious professional trading chat room for traders using WRB Analysis (e.g. Contracting Volatility, WRB, WRB Hidden GAP, WRB Zone) 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 ask questions about WRB Analysis, post real-time price action analysis involving WRB Analysis merged with your own trade methods, post real-time trades or talk about general market issues impacting today's price action 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).

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 that's located on the Freenode IRC network...please follow the instructions here at the FTCHAT Support Forum @ http://www.thestrategylab.com/ftchat/forum/viewforum.php?f=5 or via the the instructions from the TSL Support Forum @ http://www.thestrategylab.com/tsl/forum/viewforum.php?f=164

Note: ##TheStrategyLab chat room is now located on the Freenode IRC network after moving from the Othernet IRC network.

031213-Key-Price-Action-Markets.png [ 549.57 KiB | Viewed 100 times ]

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

Session Start: Tue Mar 12 07:26:20 2013
Session Ident: ##TheStrategyLab
[07:26:20] * Now talking in ##TheStrategyLab
[07:26:20] * Topic is 'Chat room only for traders using WRB Analysis (WRBs, WRB Hidden GAPs, WRB Zones) for day trading, swing trading or position trading. | WRB Analysis free study guide @ http://www.thestrategylab.com/tsl/forum ... 119&t=718'
[07:26:20] * Set by wrbtrader on Tue Feb 05 08:11:19
[07:26:20] ##TheStrategyLab url is http://www.thestrategylab.com/tsl/forum/
[09:24:09] <Trendtrader> gm all
[09:31:39] <wrbtrader> Good morning all
[09:33:30] <Trendtrader> Shorts Emini TF @ 936.1
[09:33:31] <Trendtrader> x1
[09:38:07] <Trendtrader> Covered all Emini TF Short @ 936.3 --> - 0.2
[09:39:15] * MattR_away is now known as MattR_
[09:50:33] <wrbtrader> Long Emini TF @ 938.10 -> medium size
[09:50:38] <wrbtrader> 2+2
[09:56:41] <wrbtrader> Exited all Emini TF Long @ 938.60 --> + 0.5
[09:56:47] <wrbtrader> WRB pt1 reached
[09:57:30] <wrbtrader> I'm not expecting volatility to return until Wednesday when the key market events begin showing up for the week.
[09:58:04] <wrbtrader> Thus, I won't be attempting to hold trades beyond the first WRB profit level unless its a trade that suddenly has volatility show up.
[10:00:13] <wrbtrader> Long Emini TF @ 938.60 -> medium size
[10:00:20] <wrbtrader> 4 contracts
[10:00:45] <wrbtrader> increasing volatility with some help from other key markets
[10:00:54] <wrbtrader> re-entry
[10:01:12] <wrbtrader> looks like another shallow WRB pt1
[10:01:32] <wrbtrader> Exited all Emini TF Long @ 938.70 --> + 0.1
[10:01:36] <wrbtrader> :(
[10:01:50] <wrbtrader> long upper shadows showing up now
[14:42:38] <wrbtrader> The best action today occur before 0900am est in Gold ($GC) futures...rising volatility with a strong directional up movement
[14:44:49] <wrbtrader> Hopefully Gold GC futures can continue its increasing volatility for the remainder of the week to encourage other key markets to increase their volatility too...
[14:45:32] <wrbtrader> It'll also help Gold GC futures breakout of the tight trading range its been stuck in a few weeks
[14:45:58] <Zr1trader> Yeah noticed that too.
[14:49:32] <wrbtrader> I want to also mention that Silver $SI futures also jumped off the map this morning when Gold $GC futures did the same
[14:52:36] <wrbtrader> Brent Below $110 Ahead of OPEC Market Reports (International Business Times) @ http://www.ibtimes.com/brent-below-110- ... ts-1119921
[15:11:56] <wrbtrader> Emini TF futures still trying to get above the range of the WRB Hidden GAP @ 1350pm - 1355pm est
[15:12:25] <wrbtrader> It just move above the R area of that WRB Hidden GAP
[15:51:51] <wrbtrader> Almost forgot, this is also SPRING BREAK time...this is a time of the year when we see alot of contracting volatility / low volume in many key markets.
[15:51:54] <wrbtrader> :)
[15:53:52] <Zr1trader> Ah no wonder. everyone else is having fun while I watch the market contract :)
[15:55:11] <wrbtrader> Yep
[15:57:44] <wrbtrader> Shorts Emini TF @ 935.40 -> large size
[15:57:50] <wrbtrader> 4+2
[15:58:50] <wrbtrader> Covered all Emini TF Short @ 935.70 --> - 0.3
[15:59:10] <wrbtrader> Shorts Emini TF @ 936.00 -> large size
[15:59:35] <wrbtrader> 6 contracts
[16:00:21] <canaandog> another dismal eod
[16:00:29] <wrbtrader> Yep
[16:00:47] <wrbtrader> It tried but the volatility just couldn't get any steam going
[16:01:35] <Zr1trader> Seemed like there was a period of time a few months back where The action at the close and AH EOD would produce larger moves than occured during the day.
[16:02:30] <Zr1trader> from 3pmcst-3:15cst
[16:02:58] <Zr1trader> Have a good one everyone,
[16:03:38] <wrbtrader> Reminder - I'm expecting volatility to show up tomorrow (Wednesday) and too continue for the remainder of the week.
[16:24:34] <wrbtrader> Take care all...I have a 2 point stop on this swing position going into tomorrow.
[16:24:44] <wrbtrader> Doesn't look good so far :(
[16:25:20] <wrbtrader> If hit...I'm counting on the expected volatility tomorrow to help me recover from the loss.
[16:25:45] <wrbtrader> Currently sitting on a -1.1 points per contract on the 6 contract position
[16:26:23] <wrbtrader> Most likely will begin scaling out if it crosses the 937.50
[17:41:46] <wrbtrader> Late trade post
[17:42:04] <wrbtrader> Covered 1/3 Emini TF Short @ 937.60 --> - 1.6
[17:42:19] <wrbtrader> Covered 1/3 Emini TF Short @ 937.70 --> - 1.7
[17:42:30] <wrbtrader> Covered Remainder Emini TF Short @ 937.80 --> - 1.8
[17:43:35] <wrbtrader> Will get up early tomorrow morning to see if I can put on that same Short position again as a re-entry
Session Close: Tue Mar 12 18:09:17 2013


##TheStrategyLab (located on the Freenode IRC network) 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 Qu├ębec, 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
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
Go Back To TheStrategyLab.com Homepage

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