Login    Forum    Search    FAQ



Post new topic Reply to topic Bookmark and Share  [ 1 post ] 
Author Message
 Post subject: April 23rd Tuesday - Futures, Forex, Stocks and ETFs
 Post Posted: Thu Apr 25, 2013 7:16 pm 
Offline
Trader / Forum Admin

Joined: Tue Dec 16, 2008 1:02 am
Posts: 3326
Location: Canada
Price Action Trading (no technical indicators)
Phone: +1 708 572-4885
Business Hours: 8am - 5pm est (Mon - Fri)
questions@thestrategylab.com (24/7)
http://twitter.com/wrbtrader (24/7)

##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 trading 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.

##TheStrategyLab is primarily designed to only be a trade journal for documentation purposes 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 so that the chat room becomes your diary (journal) to correlate with trades on your broker statements.

Also, if you want ##TheStrategyLab chat room to be educational for you, ask questions instead of lurking (not participating in conversations). You can talk about anything related to price action analysis, trade execution, financial markets, economies or news impacting the markets in general.

Quote:
The chat room is 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 price action 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.

Attachment:
042313-Key-Price-Action-Markets.png
042313-Key-Price-Action-Markets.png [ 529.44 KiB | Viewed 242 times ]

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

Session Start: Tue Apr 23 07:22:33 2013
Session Ident: ##TheStrategyLab
[07:22:33] * Now talking in ##TheStrategyLab
[07:22:33] * 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'
[07:22:33] * Set by wrbtrader on Tue Feb 05 08:11:19
[07:22:34] ##TheStrategyLab url is http://www.thestrategylab.com/tsl/forum/
[08:13:02] <wave_> gm all
[08:13:16] <wave_> S es 62.5
[08:23:08] <wave_> out +1t
[08:23:18] <wave_> holding too well hee
[08:44:06] <wave_> eco report at 9 am
[08:48:53] <wrbtrader> Shorts Light Crude Oil CL @ 88.25 -> medium size
[08:49:07] <wrbtrader> 4 contracts
[08:54:42] <wrbtrader> Covered all Light Crude Oil CL Short @ 88.19 --> + 0.06
[08:58:38] <wrbtrader> WRB pt1 reached
[08:59:25] <wrbtrader> Shorts Light Crude Oil CL @ 99.05 -> large size
[08:59:31] <wrbtrader> correction
[08:59:41] <wrbtrader> Shorts Light Crude Oil CL @ 88.05 -> large size
[08:59:49] <wrbtrader> 2+1+3
[09:00:02] <wrbtrader> late entry
[09:00:09] <wrbtrader> had a problem getting my order in
[09:01:21] <wrbtrader> S area retraced on prior WRB Hidden GAP :(
[09:01:52] <wrbtrader> Looking for a Houdini Escape
[09:02:18] <diesel_> gm all
[09:03:39] <wrbtrader> Covered all Light Crude Oil CL Short @ 88.15 --> - 0.1
[09:05:22] <wave_> L es 61 paper
[09:13:52] <wrbtrader> Shorts Light Crude Oil CL @ 88.11 -> large size
[09:14:07] <wrbtrader> 9 contracts
[09:14:38] <wrbtrader> price action back below the range of the most recent long upper shadow (2min chart)
[09:18:52] <wrbtrader> thank you (not) Emini futures...
[09:19:10] <wrbtrader> helping Oil CL futures try to get some legs underneath :(
[09:19:45] <wrbtrader> Covered 2/3 Light Crude Oil CL Short @ 88.08 --> + 0.03
[09:20:03] <wrbtrader> Covered Remainder Light Crude Oil CL Short @ 88.10 --> + 0.01
[09:20:06] <wave_> out 64 es paper
[09:23:45] <wrbtrader> volatility spike in the price action of Crude Oil CL futures
[09:28:55] <winmax0> +OK 66P4r/TaXAp/
[09:44:07] <wrbtrader> Long Light Crude Oil CL @ 88.35 -> medium size
[09:44:22] <wrbtrader> 4 contracts
[09:45:30] <wrbtrader> Key market event @ 1000am est
[09:47:44] <wrbtrader> tought price action into the regular session
[09:48:46] <canaandog> good morning
[09:51:27] <winmax0> +OK EiByT/yp8HA/WbMyr.TvQ0u1
[09:51:54] <wrbtrader> Exited all Light Crude Oil CL Long @ 88.37 --> + 0.02
[09:53:35] <wave_> charts down ..:( geez biab
[10:02:35] <diesel_> ??
[10:47:44] <wrbtrader> Not every day is a trading day and so far...today is one of those days
[10:48:18] <diesel_> big time
[11:37:55] <wave_> still no charts ...:(
[11:38:10] <wave_> wb cuz of voltality re your comment?
[11:43:35] <wave_> later guys ty all
[13:14:05] <Zr1trader_> AP account hacked saying explosion at white house
[13:14:14] <wrbtrader> crazy
[13:14:33] <winmax60> can anybody explain what just happened in the market? any news?
[13:14:38] <winmax60> yeah...
[13:14:52] <Zr1trader_> AP account hacked that obama got hurt in explosion at white house
[13:14:59] <Zr1trader_> false story
[13:15:49] <wrbtrader> I feel sorry for traders having their positions wiped out because of this crap movement due to such a "hack story"
[13:16:47] <Zr1trader_> I thought for sure I we would see at least -%10 lol
[13:19:14] <wrbtrader> Probably some desperate Short trader with a large position decided to hack the AP news service so that he/she can dump their position for a large gain.
[13:20:00] <wrbtrader> at least price action back to where it was prior to the hack AP story
[13:40:02] <wrbtrader> Shorts Emini TF @ 921.90 -> medium size
[13:40:16] <wrbtrader> 2+2
[14:16:57] <wrbtrader> Crude Oil CL futures now in a Creeper Up Movement
[14:17:09] <wrbtrader> may soon began picking up volatility
[14:20:11] <wrbtrader> Covered all Emini TF Short @ 921.30 --> + 0.6
[14:20:24] <wrbtrader> WRB pt1 reached
[14:22:33] <wrbtrader> Long Light Crude Oil CL @ 89.20 -> large size
[14:22:54] <wrbtrader> 6 contracts
[14:25:07] <wrbtrader> volatility bouncing around in different key markets...
[14:25:11] <wrbtrader> getting confusing now
[14:27:32] <wrbtrader> long lower shadow intervals
[14:27:50] <wrbtrader> mid range of the most recent WRB Hidden GAP
[14:28:17] <wrbtrader> Understanding ##TheStrategyLab -> - Archive chat logs are stored @ http://www.thestrategylab.com/ftchat/forum/ and you can understand some of the words (e.g. Key Market Event, Contracting Volatility, WRB, WRB Hidden GAP, WRB Zone, WRB pt levels) being used here in the chat room for price action trading via the WRB Analysis free study guide @ http://www.thestrategylab.com/tsl/forum ... =119&t=718
[14:28:41] <wrbtrader> gessh
[14:29:07] <wrbtrader> looking for a Houdini Escape...crazy price action
[14:29:45] <wrbtrader> Exited all Light Crude Oil CL Long @ 89.20 --> 0
[14:31:47] <Zr1trader_> looks like NG might have stole the vol on the energy close.
[15:15:02] <diesel_> got booted off somehow
[15:22:26] <canaandog> emini close has been disappointing recently
[15:38:56] <TigermanTrader> gm all
[15:40:42] <TigermanTrader> iwm in up move
[15:40:53] <diesel_> gm
[15:41:34] <diesel_> have you been in this room long?
[15:42:39] <TigermanTrader> short iwm 92.01
[15:45:20] <TigermanTrader> exit iwm @ 92.03
[15:45:27] <TigermanTrader> -0.02
[15:46:09] <TigermanTrader> price trapped here
[15:46:33] <TigermanTrader> but seems still uptrend
[15:48:04] <TigermanTrader> long iwm @ 92.08
[15:48:55] <TigermanTrader> I need a good up spike for my trade work
[15:50:30] <TigermanTrader> exit 1/2 iwm @ 92.15
[15:50:56] <TigermanTrader> +0.07
[15:55:17] <wrbtrader> Long Emini TF @ 925.20 -> medium size
[15:55:35] <wrbtrader> Long Emini TF @ 925.10 -> Add
[15:56:11] <wrbtrader> 4+2+2
[15:56:33] <TigermanTrader> wrbtrader if you enter now in trade it is better I hang on my remainder :)
[15:56:51] <wrbtrader> I'm early
[15:57:12] <wrbtrader> not enough volatility to be this early into the 4pm est rush hour traffic
[15:57:30] <wrbtrader> low volatility like this I usually wait till about 1558pm est
[15:58:04] <TigermanTrader> yep not strong volatility now
[15:59:37] <TigermanTrader> but when you enter,this give me comfort to press my trade if I m already entered in trade
[15:59:53] <wrbtrader> Exited 1/2 Emini TF Long @ 926.60 --> + 1.5
[15:59:58] <TigermanTrader> simply you are a garantee
[16:00:26] <wrbtrader> Exited Remainder Emini TF Long @ 926.80 --> + 1.6
[16:00:41] <wrbtrader> WRB pt1 reached
[16:01:56] <TigermanTrader> exit iwm remainder @ 92.32
[16:02:00] <wrbtrader> WRB Analysis Price Action Trading -> - Chat room for day traders, swing traders, position traders using concepts from WRB Analysis (Contracting Volatility, WRB, WRB Hidden GAP, WRB Zone, WRB pt levels) to help improve understanding of the price action their trading and/or improve the performance of their trade signal strategies. WRB Analysis free study guide @ http://www.thestrategylab.com/tsl/forum ... =119&t=718 or http://www.twileshare.com/user/wrbtrader
[16:02:19] <TigermanTrader> + 0.34
[16:02:40] <wrbtrader> nice
[16:02:52] <TigermanTrader> thanks
[16:03:17] <TigermanTrader> that last spike help a lot
[16:05:05] <TigermanTrader> wrbtrader did you see the market crash in first afternoon today?
[16:05:38] <wrbtrader> It wasn't a crash
[16:05:42] <TigermanTrader> 13:08
[16:05:51] <wrbtrader> It was just a +100 point drop in seconds
[16:06:02] <TigermanTrader> yep exactly
[16:06:20] <TigermanTrader> anyway scary enought x me
[16:06:32] <TigermanTrader> just saw it now in hindsight
[16:07:00] <wrbtrader> I saw it happen in real-time but didn't know what caused it until 7 - 8 minutes afterwards
[16:07:12] <TigermanTrader> someone exploited that x sure after rumors was fake
[16:07:41] <TigermanTrader> seems twitter give the false news before others
[16:07:59] <wrbtrader> Only computer (algos) or traders with orders already in place prior could have exploited such a movement.
[16:08:19] <wrbtrader> The rest of us just sat here scratching our heads :)
[16:09:13] <TigermanTrader> yep really fast
[16:09:33] <wrbtrader> Without that...today was basically a very boring trading day.
[16:10:22] <TigermanTrader> strong drop in euro fx today
[16:10:41] <TigermanTrader> but in early morning 9 am in EU time
[16:10:53] <TigermanTrader> 3 am in nyc
[16:11:23] <TigermanTrader> the best move in euro seems happen in those timeslots
[16:11:58] <TigermanTrader> recently I have to assist family members
[16:12:20] <TigermanTrader> I plan to return to regular trading as soon as I can
[16:12:38] <TigermanTrader> I do not wanna lose my touch :)
[16:12:49] <wrbtrader> I wish I could consistently trade BEFORE 0930am est when a ton of good price movement is occurring...
[16:13:16] <wrbtrader> I once calculated that it could add an additional 40% profits
[16:13:36] <wrbtrader> Unfortunately, got too much family stuff going on...
[16:14:04] <wrbtrader> I'm basically a 9am to 4pm est
[16:14:19] <wrbtrader> charts usually open by 9am and ready to trade by 0930am est
[16:14:53] <TigermanTrader> now I dedicate my time to help family member
[16:15:00] <wrbtrader> charts usually close by 4:05pm est and then done for the day by 4:20pm est
[16:15:07] <TigermanTrader> all day long
[16:15:29] <wrbtrader> Yeah, trading was a lot easier when I was young, single and no kids :)
[16:15:38] <wrbtrader> Take care all and see all tomorrow
[16:15:49] * wrbtrader is now known as wrbtrader_away
[16:16:05] <TigermanTrader> take care
[16:17:34] <TigermanTrader> Take care all and see all next time
Session Close: Tue Apr 23 19:09:44 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 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 traders in price action trading.

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 price action 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
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