Login    Forum    Search    FAQ



Post new topic Reply to topic Bookmark and Share  [ 1 post ] 
Author Message
 Post subject: June 27th Thursday - Futures, Forex, Stocks and ETFs
 Post Posted: Thu Jun 27, 2013 9:07 pm 
Offline
Trader / Forum Admin

Joined: Tue Dec 16, 2008 1:02 am
Posts: 2416
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, WRB profit targets, Key Market Events) 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 learning or applying concepts of WRB Analysis. In addition, traders that use ##TheStrategyLab are required to post at least one WRB Analysis price action commentary, one real-time trade or one general trading related commentary per day they log-in to the chat room. Yet, if the trader decides to post real-time trades (simulator or real-money)...the trades must be clear (not ambiguous) entry price/exit price and position size. Traders that consistently log-in and not post any price action commentary involving WRB Analysis or 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:
062713-Key-Price-Action-Markets.png
062713-Key-Price-Action-Markets.png [ 526.81 KiB | Viewed 60 times ]

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

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

Session Start: Thu Jun 27 09:27:40 2013
Session Ident: ##TheStrategyLab
[09:27:40] * Now talking in ##TheStrategyLab
[09:27:40] * 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'
[09:27:40] * Set by wrbtrader on Tue Feb 05 08:11:19
[09:27:40] ##TheStrategyLab url is http://www.thestrategylab.com/tsl/forum/
[09:41:03] <diesel_> hello all gm
[09:48:46] <TigermanTrader> long cl 96.08
[09:49:49] <TigermanTrader> ext cl at 96.14 +6 ticks
[09:50:28] <TigermanTrader> price retraced after a shallow small target
[09:50:38] <MattR_> g'morning
[09:50:58] <TigermanTrader> cl near today s high
[09:51:01] <MattR_> KMEs at 10:00 and 10:30 today.
[09:52:05] <TigermanTrader> yes mattr I waut for the 10:00 KME
[09:52:18] <TigermanTrader> waut=wait
[09:58:53] <TigermanTrader> long es 1610.75
[09:59:04] <TigermanTrader> intuition on up momentum
[10:00:28] <TigermanTrader> exit es at 1610.75
[10:00:38] <TigermanTrader> near the news
[10:01:15] <TigermanTrader> euro fx filles previous wrb hg
[10:02:20] <TigermanTrader> short biased on cl now
[10:03:08] <MattR_> Increasing volatility in Crude Oil CL Futures.
[10:03:08] <wrbtrader> Shorts Gold GC @ 1230.90 -> large size
[10:03:21] <wrbtrader> 4+2
[10:05:11] <canaandog> I will be glad when QE is DONE
[10:05:54] <MattR_> canaandog: seriously.
[10:12:10] <wrbtrader> range price action showing up now in different key markets
[10:12:29] <wrbtrader> looks like my Short is at the lower end of that range :(
[10:14:36] <wrbtrader> support of volatility contraction and its lower range is being tested
[10:14:43] <wrbtrader> in Gold GC futures
[10:15:23] <wrbtrader> WRB pt1 (shallow) reached
[10:15:30] <wrbtrader> not much with chop like this
[10:16:37] <wrbtrader> Covered 1/2 Gold GC Short @ 1228.50 --> + 2.4
[10:16:48] <wrbtrader> WRB pt2 reached
[10:18:38] <wrbtrader> snap back
[10:20:15] <wrbtrader> trailing @ profit
[10:23:49] <wrbtrader> 2nd time it came within 1 tick of my trail
[10:24:17] <wrbtrader> may not be so lucky the 3rd time retracement
[10:24:58] <wrbtrader> 3rd time retracement
[10:25:28] <wrbtrader> Covered all Gold GC Short @ 1230.50 --> + 0.4
[10:26:01] <wrbtrader> covered early before the stop out
[10:29:10] <wrbtrader> volatility dropping fast in Emini futures
[10:29:20] <wrbtrader> I'm now expecting a volatility spike in the Eminis
[10:30:20] <squiggles> Mkts waiting on 1030 KME ?
[10:38:07] <wrbtrader> Shorts Gold GC @ 1232.20 -> small size
[10:38:22] <wrbtrader> will be a tough trade
[10:38:33] <wrbtrader> 2 contracts
[10:42:19] <squiggles> YM knocking on the door of 15000
[10:45:10] <wrbtrader> contracting volatility killed this Gold GC short :(
[10:45:22] <wrbtrader> created a 2 tick WRB pt1 :(
[10:45:28] <wrbtrader> WRB pt1 reached
[10:46:35] <wrbtrader> changing plan...holding for a WRB pt2
[10:47:13] <wrbtrader> trailing @ profit
[10:48:43] <wrbtrader> WRB pt2 reached
[10:49:12] <wrbtrader> nasty snap back
[10:49:45] <wrbtrader> Covered all Gold GC Short @ 1231.30 --> + 0.9
[10:53:44] <wrbtrader> I have a lot of data stalls in all of my charts :(
[10:54:24] <wrbtrader> not a single tick in the past 2mins
[10:55:02] <squiggles> All good here
[10:56:46] <MattR_> one of my SPX feeds is stuck
[10:57:40] <MattR_> since 10:51
[10:58:41] <MattR_> Just started working again.
[11:07:45] <wrbtrader> I still have nothing since 1051am est
[11:08:09] <wrbtrader> CME, ICE, London, Eurex...nothing
[11:08:24] <wrbtrader> will try 3rd reboot
[11:08:45] <MattR_> So frustrating. That happened to me last week. 3 reboots and all...
[11:08:50] <TigermanTrader> here is ok wrbtrader
[11:09:00] <TigermanTrader> only a gap in GC data
[11:09:56] <TigermanTrader> from 10:53-10:56
[11:10:07] <wrbtrader> ping is normal and I'm able to post messages in here.
[11:10:13] <wrbtrader> can't be my ISP
[11:12:15] <TigermanTrader> data vendor ?
[11:13:13] <TigermanTrader> btw I know your latency in ping is very low how much is it now?
[11:14:33] <TigermanTrader> I wonder when isp give us high latency this can delay our order to broker an occurs delay in the order book
[11:15:09] <TigermanTrader> what you think wrbtrader also to be near the exchange can be better
[11:17:35] <TigermanTrader> wrbtrader now I have data stall with data vendor in cme nymex
[11:17:46] <TigermanTrader> mainly us data with ToS
[11:17:56] <TigermanTrader> eurex is ok with IB
[11:19:55] <MattR_> Volatility Spike in Crude Oil CL Futures.
[11:19:58] <TigermanTrader> ES good too with IB
[11:20:44] <TigermanTrader> now data is ok again with ToS
[11:21:50] <TigermanTrader> anyway a still gap in data from 11:02-11:18
[11:26:44] <squiggles> GC up against R area of1116 to 1118 WRB HG
[11:27:11] <wrbtrader> weird
[11:27:22] <wrbtrader> eSignal delay has no data gaps.
[11:27:44] <wrbtrader> eSignal real-time, Qcharts real-time and TOS have data gaps
[11:28:09] <wrbtrader> broker quotes stopped on Gold GC futures for about 7 minutes
[11:29:07] <TigermanTrader> yeah starnge
[11:29:25] <squiggles> Infinity Futures with Sierra Charts all good
[11:29:38] <TigermanTrader> on my ToS platform error performace message occurs some minutes ago
[11:32:31] <squiggles> CL having a good day
[11:33:17] <wrbtrader> got my charts back on everything after the 7th reboot
[12:08:35] <wrbtrader> Shorts Emini ES @ 1608.25 -> large size
[12:08:50] <wrbtrader> 15 contracts
[12:09:19] <wrbtrader> got some fear in this trade because of the earlier data problems
[12:12:21] <t4npaper> test
[12:15:35] <wrbtrader> Covered all Emini ES Short @ 1607.75 --> + 0.5
[12:16:45] <wrbtrader> lots of contracting volatility showing up...
[12:16:50] <wrbtrader> volatility dropping fast
[12:16:59] <wrbtrader> I'm now expecting a volatility spike here soon
[12:17:40] <@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.
[12:24:29] <@wrbtrader> Shorts Emini ES @ 1607.00 -> large size
[12:24:55] <@wrbtrader> 15 contracts
[12:25:15] <@wrbtrader> geeesh
[12:25:44] <@wrbtrader> re-entry
[12:26:08] <@wrbtrader> got some strange looking long upper shadows on the SPY
[12:26:16] <@wrbtrader> not sure if its real or not :(
[12:28:42] <@wrbtrader> Covered all Emini ES Short @ 1605.75 --> + 1.25
[12:28:49] <@wrbtrader> early exit
[12:29:19] <@wrbtrader> my broker quotes and charts are not even close
[12:29:34] <@wrbtrader> two different charts on the SPY
[12:29:42] <@wrbtrader> sideline...will just watch for awhile
[12:30:35] <TigermanTrader> I exit take care all
[12:49:41] <@wrbtrader> Shorts Gold GC @ 1225.40 -> medium size
[12:49:49] <@wrbtrader> 4 contracts
[12:59:21] <@wrbtrader> WRB pt1 reached
[13:02:06] <@wrbtrader> Covered all Gold GC Short @ 1223.50 --> + 1.9
[13:02:37] <@wrbtrader> may have caught a better exit on the pending WRB Hidden GAP
[13:12:23] <@wrbtrader> Shorts Gold GC @ 1223.50 -> medium size
[13:12:31] <@wrbtrader> 5 contracts
[13:14:47] <diesel_> big volitilit sike
[13:14:48] <@wrbtrader> WOW
[13:14:57] <@wrbtrader> what the hell was that
[13:15:15] <diesel_> hit low and broke with vengence
[13:15:42] <@wrbtrader> Covered 3/4 Gold GC Short @ 1216.60 --> + 6.9
[13:16:08] <@wrbtrader> that's an early exit :)
[13:16:22] <@wrbtrader> still waiting for a WRB pt1 to form...geeesh
[13:16:37] <@wrbtrader> WRB pt1 reached
[13:17:06] <@wrbtrader> Covered Remainder Gold GC Short @ 1212.90 --> + 10.6
[13:17:09] <diesel_> S1 at 05
[13:17:33] <@wrbtrader> that's 2 contracts on that remainder
[13:18:00] <diesel_> most profitble trade/contract I have seen
[13:20:37] <@wrbtrader> Gold GC futures has been having some crazy down spikes like that the past several trading days.
[13:21:09] <@wrbtrader> Almost as if someone big has been getting margin liquidated
[13:21:55] <@wrbtrader> I almost quit earlier today after all the data problems.
[13:23:43] <@wrbtrader> Shorts Gold GC @ 1211.60 -> small size
[13:23:56] <@wrbtrader> 3 contracts
[13:24:10] <@wrbtrader> re-entry
[13:25:24] <@wrbtrader> looks like there's a big sell going on in Gold GC futures
[13:25:33] <@wrbtrader> big snap back
[13:26:24] <@wrbtrader> WRB pt1 reached
[13:28:02] <@wrbtrader> WRB Hidden GAP pt1 reached
[13:29:49] <@wrbtrader> Covered all Gold GC Short @ 1211.00 --> + 0.6
[13:30:04] <@wrbtrader> thats a big snap back
[13:30:21] <@wrbtrader> a lot of volatility
[13:32:12] <t4npaper> is it going to stay in gc only or transfer over to something else
[13:32:26] <@wrbtrader> I know the Gold pit just closed but don't think it was related
[13:33:36] <@wrbtrader> Then again, if there's margin calls occurring...such would have occurred within the last 15mins of the Gold pit closeure
[13:39:18] <@wrbtrader> A lot of strange price action this week.
[13:40:03] <@wrbtrader> Short Gold GC futures @ 1207.00 small size
[13:40:16] <@wrbtrader> 3 contracts
[13:40:32] <@wrbtrader> its volatile now
[13:40:48] <@wrbtrader> meant its jumpy now
[13:43:35] <t4npaper> long cl 97.22
[13:43:55] <@wrbtrader> Cover all Gold GC futures @ 1209.10 -2.1
[13:44:32] <@wrbtrader> volatility actually declining
[13:44:41] <@wrbtrader> I'm now expecting a volatility spike in Gold GC futures
[13:46:54] <@wrbtrader> Shorts Gold GC @ 1208.30 -> small size
[13:47:00] <@wrbtrader> 3 contracts
[13:47:03] <@wrbtrader> re-entry
[13:48:35] <t4npaper> trying to stay greedy in cl due to GC's prior volatility spike
[13:49:31] <t4npaper> exit 97.27 +.5
[13:49:41] <t4npaper> was an idea
[13:50:35] <@wrbtrader> volatility very low now...contracted too
[13:52:44] <@wrbtrader> Covered all Gold GC Short @ 1207.00 --> + 1.3
[13:52:51] <@wrbtrader> WRB pt1 reached
[13:55:46] <@wrbtrader> Shorts Gold GC @ 1206.00 -> large size
[13:55:52] <@wrbtrader> 3+3
[13:55:58] <@wrbtrader> intuition
[13:57:16] <@wrbtrader> Covered 1/2 Gold GC Short @ 1203.90 --> + 2.1
[13:57:29] <@wrbtrader> WRB pt1 reached
[13:57:36] <diesel_> wicked good!!!!!!!!!!!!!
[13:57:41] <@wrbtrader> looks like WRB pt2 is almost there too
[13:59:25] <@wrbtrader> Covered Gold GC Short @ 1202.00 --> + 4
[13:59:36] <@wrbtrader> Holding 1 contract remainder
[13:59:45] <@wrbtrader> WRB pt2 reached
[14:01:11] <@wrbtrader> I only have broker quotes at the moment...
[14:01:16] <@wrbtrader> charts are down again :(
[14:01:41] <@wrbtrader> trailing @ profit
[14:01:51] <@wrbtrader> rebooting system
[14:04:06] <@wrbtrader> charts back
[14:04:31] <@wrbtrader> Covered Remainder Gold GC Short @ 1196.80 --> + 9.2
[14:04:45] <@wrbtrader> WRB pt3 reached
[14:09:54] <@wrbtrader> Its been several years since I've seen Gold GC futures below 1200.00
[14:09:55] <t4npaper> short TF 974.2
[14:12:37] <t4npaper> I think my data is stalled
[14:13:21] <canaandog> tf=975.1
[14:13:58] <t4npaper> thanks, yeah data is delayed heavy
[14:15:05] <t4npaper> ok its back, thanks canaandog
[14:18:17] <t4npaper> exit 975.7 -1.5
[14:27:54] <@wrbtrader> Shorts Emini TF @ 975.80 -> small size
[14:28:01] <@wrbtrader> 2 contracts
[14:28:21] <@wrbtrader> trade error
[14:28:28] <@wrbtrader> looking for a Houdini Escape
[14:33:05] <@wrbtrader> Covered all Emini TF Short @ 976.70 --> - 0.9
[14:42:19] <@wrbtrader> Shorts Emini TF @ 976.10 -> medium size
[14:42:23] <@wrbtrader> 2+2
[14:46:24] <@wrbtrader> Covered all Emini TF Short @ 975.00 --> + 1.1
[14:46:28] <@wrbtrader> WRB pt1 reached
[15:28:42] <t4npaper> gc increasing vol
[15:48:55] <JetJockBoston> short ES @ 1608.50 3 cts
[15:49:58] <JetJockBoston> Covered one at 1607.25, holding 2
[15:51:55] <JetJockBoston> stop to 1608.75 on remaining cts
[15:56:24] <JetJockBoston> covering last 2 at 1608.00 if i can
[15:56:48] <JetJockBoston> done
[15:58:01] <JetJockBoston> (now it moves...)
[15:58:16] <@wrbtrader> Long Emini TF @ 977.10 -> medium size
[15:58:26] <@wrbtrader> 2+2
[15:58:53] <@wrbtrader> Exited all Emini TF Long @ 976.70 --> - 0.4
[16:00:00] <@wrbtrader> Emini ES futures has that strange price action again
[16:00:35] <@wrbtrader> Shorts Emini TF @ 976.30 -> medium size
[16:00:47] <@wrbtrader> 3+1
[16:27:20] <diesel_> gn and thank you again
[16:42:20] <@wrbtrader> Covered 1/2 Emini TF Short @ 976.30 --> 0
[16:52:32] <canaandog> tomorrow
Session Close: Thu Jun 27 17:59:39 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 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
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