Login    Forum    Search    FAQ



Post new topic Reply to topic Bookmark and Share  [ 1 post ] 
Author Message
 Post subject: June 5th Wednesday - Futures, Forex, Stocks and ETFs
 Post Posted: Thu Jun 06, 2013 8:23 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
Free Trading Room: http://www.thestrategylab.com/ftchat/forum/viewforum.php?f=5
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

Attachment:
130605161529-dow-final-june-5-620xa[1].png
130605161529-dow-final-june-5-620xa[1].png [ 22.77 KiB | Viewed 252 times ]

Note: Trader conversations below may represent two different logs (public and private) merged together as one log.

Session Start: Wed Jun 05 09:13:04 2013
Session Ident: ##TheStrategyLab
[09:13:04] * Now talking in ##TheStrategyLab
[09:13:04] * 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'
[09:13:04] * Set by wrbtrader on Tue Feb 05 08:11:19
[09:13:04] ##TheStrategyLab url is http://www.thestrategylab.com/tsl/forum/
[09:15:39] <wrbtrader> FYI - Beginning today, all users of ##TheStrategyLab must participate via discussing WRBs, WRB Hidden GAPs, Contracting Volatility, Reaction Highs/Lows, Key Market Events, Market News or Real-Time Trades (real money or simulator)...no exceptions.
[09:15:43] <Dtrader> GM Diesel, everyone, Wrb
[09:16:02] <wrbtrader> Traders that log in and do not discuss WRB Analysis will be removed and not allowed to return.
[09:16:36] <wrbtrader> Simply, this chat room is ONLY for users of WRB Analysis...no exceptions.
[09:17:09] <MattR_> g'morning
[09:17:46] <wrbtrader> If chatting about WRB Analysis is a distraction to your trading...you must use the discussion forum you're a member and talk about WRB Analysis after the markets close or anytime during the trading day.
[09:18:06] <MattR_> Key Market Events at 10, 10:30, and 2 today.
[09:18:56] <wrbtrader> I've now activated my WRB Analysis Script to automated document traders discussions via key words involving WRB Analysis.
[09:19:54] <wrbtrader> Anyone that doesn't show up on the list after a particular number of days while log-in (e.g. 3 days)...will be banned from the chat room.
[09:20:52] <wrbtrader> This is an old participation rule that was "temporary" removed when I moved the chat room from one location to its current new location.
[09:22:00] <MattyR> will do my best.. still learning and find it hard to post, but enjoying learning the strategies... has made an immediate difference to my trading
[09:22:12] <canaandog> I noticed Canadian building permits this AM had a big jump, like similar US data last week
[09:23:02] <Trendtrader> gm all
[09:23:18] <Dtrader> Yes me too Matt. I just read the first 3 chapters in full yesterday. So will do my best to participate today.
[09:24:54] <wrbtrader> Users can post here in ##TheStrategyLab or at one of the discussion forum they're registered as a member.
[09:25:31] <wrbtrader> Most post at the discussion forum in their private threads on a daily basis.
[09:26:26] <MattyR> the strategies force me to look at the market in terms of supply and demand, and I seem to have a better sense of what the market is doing... so much better than indicator trading
[09:26:46] <wrbtrader> Yeah...me too
[09:27:15] <Dtrader> Yes Matt, much better
[09:28:48] <wrbtrader> Light Crude Oil CL futures with WRB Hidden GAP @ 0910am - 0912am est
[09:29:00] <MattyR> ive been trading for 3.5 years... both live and sim... been back on sim for the last 6-7 months... have not had some so many winning days ever since i incorporated these techniques and ive only read up to chapter 4 so far
[09:29:40] <MattyR> pains me to think of all the time wasted in the past with indicators lol
[09:29:52] <Dtrader> Wrb, what's your main time frame for WRBs?
[09:30:20] <Dtrader> Congrats Matt
[09:30:33] <squiggles> Very little volume in Gold GCM3 now, GCQ3 much more active
[09:32:11] <Trendtrader> Long Emini TF @ 977.8
[09:32:12] <Trendtrader> x2
[09:34:02] <wrbtrader> Emini TF futures retracing a big WRB on the 2min chart
[09:34:23] <Trendtrader> Exited 1/2 Emini TF Long @ 979.7 --> + 1.9
[09:36:47] <squiggles> lots of GC price action around R area0810-0812 WRB HG
[09:37:44] <canaandog> CL downspike
[09:38:20] <TT> Exited Remainder Emini TF Long @ 977.9 --> + 0.1
[09:40:23] <wrbtrader> Key Market Events @ 1000am, 1030am and 1400pm est
[09:42:11] <squiggles> GC volatility 2m chart
[09:46:43] <wrbtrader> 1,4 Participation Rule -> 8,2 - All users of ##TheStrategyLab must participate via discussing WRBs, WRB Hidden GAPs, Contracting Volatility, Reaction Highs/Lows, Key Market Events, Market News or Real-Time Trades (real money or simulator)...no exceptions. If the chat room is a distraction or you don't have time to post anything involving WRB Analysis...you must then post at the discussion forum after you're finish trading for the day to verify your use of WRB Analysis.
[09:49:19] * TT is now known as Guest96343
[09:53:51] <Dtrader> CL wrb gap 9:52?
[09:59:02] <wrbtrader> I have one on the 2min chart for 0950am - 0952am est
[09:59:41] <wrbtrader> The one before that @ 0936am est, I'm keeping a close eye on.
[10:01:01] <wrbtrader> Shorts Light Crude Oil CL @ 93.76 -> large size
[10:01:07] <wrbtrader> 4+2
[10:04:23] <wrbtrader> Crude Oil CL futures having trouble breaking away from the range of those recent WRB Hidden GAPs
[10:04:56] <Dtrader> contracting vol on CL 2min
[10:05:18] <wrbtrader> A lot of chop today...must be due to the FED Beige book later today
[10:10:12] <wrbtrader> Covered all Light Crude Oil CL Short @ 93.93 --> - 0.17
[10:11:21] <wrbtrader> Shorts Emini TF @ 975.00 -> large size
[10:11:47] <wrbtrader> 6+4
[10:12:17] <wrbtrader> not a pretty entry due to exiting of the Crude Oil CL futures position
[10:12:58] <wrbtrader> Crude Oil CL futures retesting the R area of the WRB Hidden GAP @ 0936am - 0938am est
[10:13:22] <wrbtrader> Emini TF futures sudden tighning of its expanding volatility
[10:15:55] <wrbtrader> Emini TF volatility expanding again
[10:21:29] <wrbtrader> a rodeo ride so far today...must be the pending FED Beige book
[10:21:43] <wrbtrader> Yet, it wasn't hpyed at all this week
[10:22:16] <wrbtrader> Usually price action like this occurs ONLY when one of the key market events has been HYPED for many trading days
[10:22:29] <wrbtrader> prior to its released
[10:23:11] <wrbtrader> Covered all Emini TF Short @ 973.80 --> + 1.2
[10:23:39] <wrbtrader> Emini TF futures now back above the S area of its most recent WRB Hidden GAP
[10:24:53] <squiggles> Crude Oil Inventories in 5m
[10:26:26] <@wrbtrader> WRB Analysis -> - Your use of this chat room implies you're using concepts from WRB Analysis for price action trading to help trade either Stocks, Emini Futures (EMD, TF, ES, NQ, YM), EuroFX 6E Futures, Eurex/Euronext Futures (DAX, ESTX50, FTSE100, CAC40, BUND), Treasury Futures (ZF, ZN, ZB), Oil Futures (Brent, CL, HO, QM), Gold GC Futures, Natural Gas NG Futures, Exchange Traded Funds (DIA, GLD, IWM, OIH, XLE, QQQ, SPY), Hang Seng HSI Futures, NIFTY Futures, Forex Currencies (GbpUsd, EurUsd, EurYen, UsdCad) and other key market price actions.
[10:30:18] <squiggles> CL spike
[10:30:46] <@wrbtrader> Long Light Crude Oil CL @ 94.12 -> large size
[10:30:57] <@wrbtrader> 7 contracts
[10:31:39] <@wrbtrader> Big WRB Hidden GAP setting up in Crude Oil CL futures
[10:32:23] <@wrbtrader> Exited all Light Crude Oil CL Long @ 94.38 --> + 0.26
[10:32:37] <@wrbtrader> WRB closed @ 93.44
[10:32:50] <@wrbtrader> I wasn't able to get a fill
[10:35:14] <@wrbtrader> Usually there's more follow through after Crude Oil CL futures makes a directional move like that
[10:36:09] <squiggles> 6A new lows
[10:36:11] <@wrbtrader> Long Light Crude Oil CL @ 94.35 -> large size
[10:36:25] <@wrbtrader> intuition re-entry
[10:37:09] <@wrbtrader> 6 contracts
[10:37:58] <@wrbtrader> key markets today bouncing around like a rodeo competition
[10:38:39] <@wrbtrader> strap on your boots...could be a wild trading day
[10:39:00] <@wrbtrader> If volatility increases with more bouncing around
[10:40:07] <@wrbtrader> :(
[10:40:09] <@wrbtrader> geeesh
[10:41:45] <@wrbtrader> two no fills
[10:41:57] <@wrbtrader> trying to escape this rodeo trade
[10:44:08] <@wrbtrader> Exited all Light Crude Oil CL Long @ 94.45 --> + 0.1
[10:44:25] <@wrbtrader> WRB pt1 reached
[10:45:09] <@wrbtrader> scaled down that trade to a WRB pt1 from a WRB Hidden GAP pt1 with due to the bronco buck like price action
[10:50:26] <MattyR> short TF 974.2
[10:50:30] <MattyR> 3 lot
[10:51:17] <squiggles> CL approaching S area of 1030 to 1032 WRB HG
[10:52:15] <MattyR> covered 1 TF 972.9
[10:52:36] <MattyR> +1.3
[10:53:56] <MattyR> covered remaining TF 974.3 + 0.1
[10:54:30] <@wrbtrader> I just got an alert that the Freenode has some minor connection problems today.
[10:54:49] <squiggles> CL now passed down through that support area, but now looking like retracing back up
[10:54:50] <@wrbtrader> Simply, if you keep getting disconnected...its not your computer. Its freenode
[10:55:52] <@wrbtrader> Productivity growth estimates revised lower (MarketWatch) @ http://www.marketwatch.com/story/produc ... lcountdown
[11:00:34] <@wrbtrader> Shorts Emini TF @ 973.10 -> large size
[11:00:41] <@wrbtrader> 6 contracts
[11:03:32] <@wrbtrader> WRB pt1 reached
[11:03:43] <@wrbtrader> trailing @ profit
[11:04:56] <@wrbtrader> Forex EurUsd in a Creeper Up Movement
[11:05:12] <@wrbtrader> Its volatility trying hard to expand
[11:06:26] <@wrbtrader> WRB Analysis -> - Chat room for day traders, swing traders, position traders using concepts from WRB Analysis such as contracting volatility, key market event (KME), reaction high/low, 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 while price action trading. WRB Analysis free study guide @ http://www.thestrategylab.com/tsl/forum ... =119&t=718 or http://www.twileshare.com/user/wrbtrader
[11:11:06] <@wrbtrader> Covered all Emini TF Short @ 970.80 --> + 2.3
[11:11:44] <@wrbtrader> early exit
[11:12:12] <@wrbtrader> don't think I'm going to get a WRB Hidden GAP pt1 after the WRB pt1
[11:36:33] <t4npaper> upper shadows and lower shadows
[11:37:09] <t4npaper> maybe a fight or vol dieing, or both
[11:50:52] <@wrbtrader> Shorts Emini TF @ 971.30 -> small size
[11:51:04] <@wrbtrader> 1 contract
[11:54:12] <@wrbtrader> Shorts Emini TF @ 971.50 -> Add
[11:54:18] <@wrbtrader> 2 added
[11:55:30] <@wrbtrader> WRB pt1 (shallow) reached
[11:56:06] <@wrbtrader> snap back
[11:58:05] <@wrbtrader> Covered 2/3 Emini TF Short @ 969.50 --> + 2
[11:58:13] <@wrbtrader> WRB pt2 reached
[11:58:29] <@wrbtrader> goal for the remainder is WRB Hidden GAP pt1
[12:03:38] <@wrbtrader> WRB Hidden GAP pt1 reached
[12:03:50] <@wrbtrader> Covered Remainder Emini TF Short @ 969.00 --> + 2.3
[12:11:42] <@wrbtrader> From the Freenode folks...
[12:11:45] <@wrbtrader> [12:00:12] -christel- [Global Notice] Welcome to Splitville, Population: Shrinking -- as you may have noticed the network is suffering under the strain of yet another DDoS attack, we are working with our sponsors to try curb what we can and apologise for the inconvenience.
[12:15:10] <t4npaper> short tf 968.4
[12:16:44] <t4npaper> exit 968.1 +.3
[12:18:35] <MattR_> sheesh. Is the old IRC network back online? ;-)
[12:18:58] <@wrbtrader> Crude Oil CL futures WRB Hidden GAP on the 2min interval via 1212pm - 1214pm est
[12:21:48] <MattR_> Dow trying hard to break 15000.
[12:22:27] <@wrbtrader> Shorts Light Crude Oil CL @ 93.65 -> medium size
[12:22:36] <@wrbtrader> 4 contracts
[12:24:46] <@wrbtrader> Crude Oil CL futures retesting the S area of the mentioned WRB Hidden GAP
[12:25:06] <@wrbtrader> S area @ 93.73
[12:30:38] <@wrbtrader> Crude Oil CL futures Up WRB Hidden GAP @ 1224pm - 1226pm est
[12:31:00] <@wrbtrader> R area @ 93.76
[12:31:41] <@wrbtrader> next key WRB level is 93.83
[12:32:50] <@wrbtrader> Covered all Light Crude Oil CL Short @ 93.80 --> - 0.15
[12:35:31] <t4npaper> short gc 1402.6
[12:41:26] <t4npaper> exit 1404.2 -2.3
[12:41:37] <t4npaper> i'll try my hand at reentry
[12:42:05] <@wrbtrader> Long Light Crude Oil CL @ 93.87 -> large size
[12:42:12] <@wrbtrader> 6 contracts
[12:47:35] <t4npaper> short gc 1404.2
[13:15:49] <t4npaper> wow, gold really fell off
[13:16:01] <t4npaper> pt4
[13:26:11] <t4npaper> gold has some kind of close at 130
[13:26:26] <t4npaper> had i thought of that, maybe could have held into it
[13:26:45] <t4npaper> much larger profit...
[13:32:29] <@wrbtrader> WRB Hidden GAP pt1 reached
[13:33:55] <@wrbtrader> @ 94.03
[13:40:26] <t4npaper> mark, what time frame is this?
[13:40:52] <@wrbtrader> 2 min chart
[13:41:51] <t4npaper> thanks
[13:41:59] <@wrbtrader> WRB Hidden GAP pt2 reached @ 94.08
[13:42:30] <@wrbtrader> only 5 tick difference between the WRB Hidden GAPs :(
[13:48:12] <t4npaper> you reached your profit goal for the day?
[13:48:16] <t4npaper> thus letting this ride out?
[13:49:12] <@wrbtrader> Yep
[13:49:39] <@wrbtrader> Want to hold it through the FED Beige Report of 2pm est
[13:53:33] <@wrbtrader> the clock is now ticking
[13:54:33] <@wrbtrader> trailing @ profit
[13:54:48] <@wrbtrader> getting close to the 2pm est KME
[13:57:02] <@wrbtrader> Crude Oil CL futures has produced some new reaction points
[13:58:34] <@wrbtrader> Reaction Lows via the 3min chart @ 1300pm - 1303pm and 1336pm - 1339pm est
[14:00:10] <@wrbtrader> Overall a range day for Light Crude Oil CL futures
[14:01:25] <@wrbtrader> snap back :(
[14:02:40] <@wrbtrader> Exited all Light Crude Oil CL Long @ 93.93 --> + 0.06
[14:03:59] <@wrbtrader> got picked pocketed
[14:04:09] <@wrbtrader> won't attempt to chase it
[14:08:32] <@wrbtrader> So far a none event :(
[14:09:00] <@wrbtrader> Had there been a crystal ball the FED Beige Book was going to be none event volatility...
[14:09:13] <@wrbtrader> I could have taken the 6 ticks a long time ago :(
[14:09:59] <@wrbtrader> Also, I'm watching Bloomberg and CNBC...nothing said as if there was NO Fed Beige Book...
[14:10:02] <@wrbtrader> very strange.
[14:10:21] <@wrbtrader> Hopefully I didn't get me key market event calendar date mixed up
[14:10:34] <canaandog> it came out
[14:10:40] <MattR_> I have Beige Book today
[14:10:46] <canaandog> mw said spending etc mostly modestly up
[14:10:46] <MattR_> 10 minutes ago
[14:10:58] <@wrbtrader> Yeah I know it was released...market not reacting as if it was released :(
[14:11:11] <@wrbtrader> Market behaving as if there was NO report
[14:12:46] <@wrbtrader> Shorts Emini TF @ 970.40 -> large size
[14:12:51] <@wrbtrader> 3+3
[14:13:02] <@wrbtrader> :(
[14:13:52] <@wrbtrader> looking for a Houdini Escape out of this one
[14:18:17] <@wrbtrader> Covered all Emini TF Short @ 970.30 --> + 0.1
[14:18:40] <@wrbtrader> that was a trade error
[14:21:12] <@wrbtrader> messed that one up big time...wanted a Short in Crude Oil CL
[14:22:09] <@wrbtrader> I made the same mistake last week on a trade but got lucky and caught a WRB pt2 level
[14:24:13] <canaandog> cl near session low
[14:25:03] <@wrbtrader> finally some long shadows starting to appear
[14:29:28] <@wrbtrader> Shorts Emini TF @ 967.40 -> large size
[14:29:55] <@wrbtrader> big down movement before something showed up :(
[14:30:12] <@wrbtrader> 4+2
[14:31:49] <@wrbtrader> Looks like its a late (sneaky price reaction) to the Fed Beige Report
[14:32:36] <@wrbtrader> Creeper Down Movement with very "little" retracements
[14:33:50] <@wrbtrader> Covered all Emini TF Short @ 967.00 --> + 0.4
[14:34:08] <@wrbtrader> trail picked pocketed :(
[14:36:14] <@wrbtrader> Shorts Light Crude Oil CL @ 93.67 -> medium size
[14:36:26] <@wrbtrader> 4 contracts
[14:39:57] <MattR_> Stock Indexes gaining bulllish legs
[14:40:23] <t4npaper> long tf 969.1
[14:41:13] <@wrbtrader> need a 93.58 to make me feel better about the recent missed Short in Crude Oil CL while trying to escape that Emini TF Short I had enter by accident
[14:41:55] <@wrbtrader> A type of trade problem that can bug me for many days
[14:41:55] <gary07> gc increasing vol
[14:42:08] <gary07> wrb formed
[14:42:22] <@wrbtrader> thanks gary
[14:43:00] <@wrbtrader> That Gold GC wrb has a good chance to turn into a WRB Hidden GAP
[14:46:01] <@wrbtrader> Crude Oil CL futures found some legs to stand up on
[14:46:24] <@wrbtrader> Covered all Light Crude Oil CL Short @ 93.74 --> - 0.07
[14:46:42] <t4npaper> exit tf 969.6 +.5
[14:47:57] <@wrbtrader> Emini TF futures big WRB Hidden GAP @ 1354pm - 1357pm est
[14:48:30] <@wrbtrader> S area @ 970.60
[14:52:36] <@wrbtrader> Shorts Emini TF @ 970.30 -> large size
[14:52:55] <@wrbtrader> 5+1
[14:53:50] <@wrbtrader> WRB pt1 reached
[14:56:21] <@wrbtrader> WRB Hidden GAP pt1 @ 969.10
[14:56:42] <@wrbtrader> 1 point snap back from the interval :(
[14:57:32] <@wrbtrader> trailin g@ profit
[14:58:09] <@wrbtrader> looks like another wasted great entry
[14:58:25] <@wrbtrader> Covered all Emini TF Short @ 970.00 --> + 0.3
[14:58:37] <@wrbtrader> hmmm...that 970 rings a bell
[14:58:42] <@wrbtrader> need to do a quick review
[15:01:04] <@wrbtrader> Will be looking for a trend day tomorrow after due to today's morning rodeo ride price actions in many different key markets
[15:08:26] <@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
[15:09:29] <@wrbtrader> Hmmmm...that message is set for auto post twice per day.
[15:09:40] <@wrbtrader> Yet, it only shows up once per week :(
[15:10:24] <@wrbtrader> Freenode has different auto script codes than the Othernet...difficult to get the scripts correct
[15:14:01] <t4npaper> mark do you watch an etf in correlation to /cl?
[15:18:14] <t4npaper> thanks
[15:20:57] <@wrbtrader> Shorts Emini TF @ 968.00 -> large size
[15:21:07] <@wrbtrader> 7 contracts
[15:21:47] <@wrbtrader> I've been shorting Emini TF futures all day so far
[15:22:21] <@wrbtrader> Yet, small profits after reaching my profit goal for the day
[15:22:46] <@wrbtrader> a lot of profitable trail stop hits (pick pocketed)
[15:24:35] <@wrbtrader> back above 968.10
[15:25:41] <@wrbtrader> volatility slowly increasing
[15:25:52] <@wrbtrader> not jumpy
[15:28:15] <t4npaper> gold retraced all the loss before 130
[15:29:20] <t4npaper> retracing*
[15:30:24] <@wrbtrader> Covered all Emini TF Short @ 969.90 --> - 1.9
[15:31:22] <@wrbtrader> Shorts Emini TF @ 969.50 -> large size
[15:31:34] <@wrbtrader> 7 contracts
[15:31:38] <@wrbtrader> re-entry
[15:34:16] <@wrbtrader> Covered all Emini TF Short @ 969.20 --> + 0.3
[15:34:37] <@wrbtrader> volatility surge in Euro
[15:34:44] <@wrbtrader> Forex EurUsd
[15:34:54] <@wrbtrader> spooked me
[15:36:18] <t4npaper> long tf 970.3
[15:36:30] <@wrbtrader> a little early for the Emini TF to try for its 4pm est rush hour traffic
[15:37:12] <t4npaper> exit 971 +.7
[15:37:29] <t4npaper> reached my profit goal
[15:38:47] <@wrbtrader> Long Emini TF @ 970.60 -> large size
[15:38:59] <@wrbtrader> 8 contracts
[15:40:14] <@wrbtrader> Long Emini TF @ 970.20 -> Add
[15:40:25] <@wrbtrader> 6 added
[15:42:16] <@wrbtrader> long upper shadows showing up
[15:43:06] <@wrbtrader> a loss on this will take me back down to my profit goal for the day
[15:44:09] <diesel_> 14; that is a record
[15:44:24] <@wrbtrader> You haven't been here that long :)
[15:44:32] <@wrbtrader> record is 35
[15:44:42] <diesel_> sorry!
[15:45:12] <@wrbtrader> that's when TF was known as ER2
[15:46:36] <t4npaper> wasn't that when your young son came into your trading room and mashed the keyboard a few times?
[15:46:38] <@wrbtrader> Looks like the juice won't be there for the 4pm rush hour traffic...
[15:46:44] <@wrbtrader> struggling too much so far
[15:47:08] <@wrbtrader> t4n...that happen with Emini ES
[15:47:38] <@wrbtrader> a 5 contract trade turned into 45 contracts
[15:47:55] <t4npaper> yeah
[15:48:06] <t4npaper> and you managed a small profit
[15:48:19] <t4npaper> so your son is a better trader than I!!
[15:48:36] <@wrbtrader> Yeah...got lucky with a Houdini Escape out of that crazy trade
[15:50:39] <@wrbtrader> tick tock...another clock pressure trade
[15:51:29] <@wrbtrader> Hindsight...don't jump in the 4pm rush hour trade until AFTER 1545pm est
[15:51:58] <t4npaper> better entry may be coming
[15:52:19] <@wrbtrader> volatility is contracting...not good
[15:52:45] <TigermanTrader> good afternoon all
[15:52:55] <TigermanTrader> too busy today
[15:52:58] <@wrbtrader> inside now in the WRB Hidden GAP @ 1524pm - 1526pm est
[15:53:46] <@wrbtrader> Loss on a trade like this doesn't allow for a recovery due to the clock
[15:54:41] <TigermanTrader> yeah that s the reason I prefer not trade rush hour if not have already some profit in the day
[15:55:46] <@wrbtrader> Exited all Emini TF Long @ 968.30 --> - 4.2
[15:56:45] <@wrbtrader> Long Emini TF @ 968.50 -> large size
[15:57:00] <@wrbtrader> 10+5
[15:57:15] <@wrbtrader> re-entry
[15:59:41] <t4npaper> it almost wants to
[16:00:06] <@wrbtrader> It tried hard...no juice
[16:01:34] <@wrbtrader> Exited all Emini TF Long @ 967.70 --> - 0.8
[16:02:14] <@wrbtrader> Oddly...a ton of action in Emini ES futures
[16:02:30] <@wrbtrader> usually its calm in the 4pm est rush hour traffic
[16:03:28] <@wrbtrader> Long Emini TF @ 967.70 -> large size
[16:04:14] <@wrbtrader> strange to see Emini ES like this
[16:04:26] <@wrbtrader> a ton of contracts exchanging
[16:07:43] <@wrbtrader> Emini ES in a tight range but still exchanging a lot of contracts
[16:08:09] <@wrbtrader> Looks like it stole Emini TF thunder :(
[16:20:26] <TigermanTrader> take care see all tomorrow
[16:31:09] <@wrbtrader> Exited 2/3 Emini TF Long @ 968.00 --> + 0.3
[16:31:44] <@wrbtrader> I waited for Emini ES to start again after the down maintenance
[16:32:31] <@wrbtrader> will hold the remainder Emini TF
[17:51:46] <diesel_> gn and thanks
Session Close: Wed Jun 05 22:02:40 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 3 guests

 
 

 
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