Login    Forum    Search    FAQ



Post new topic Reply to topic Bookmark and Share  [ 1 post ] 
Author Message
 Post subject: December 30th Monday - Futures, Forex, Stocks and ETFs
 Post Posted: Mon Dec 30, 2013 9:57 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, 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. Exceptions for those that are actively posting via private messages or posting at one of our support forums.

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:
123013-Key-Price-Action-Markets.png
123013-Key-Price-Action-Markets.png [ 543.29 KiB | Viewed 224 times ]

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

Note: Trader conversations below may represent different chat rooms (e.g. ##TheStrategyLab, ##WRB_Analysis, ##VolatilityTradingTSL) that have been merged together at the end of the trading day.

Session Start: Mon Dec 30 08:18:38 2013
Session Ident: ##TheStrategyLab
[08:18:38] * Now talking in ##TheStrategyLab
[08:18:38] * 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'
[08:18:38] * Set by wrbtrader on Tue Feb 05 08:11:19
[08:18:38] ##TheStrategyLab url is http://www.thestrategylab.com/tsl/forum/
[08:22:22] <@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.
[09:13:11] <@wrbtrader> Key Market Events @ 1000am est
[09:31:40] <@wrbtrader> Long Emini TF @ 1159.10 -> large size
[09:31:50] <@wrbtrader> 5+1 contracts
[09:37:47] <@wrbtrader> Exited all Emini TF Long @ 1157.70 --> - 1.4
[09:40:58] <@wrbtrader> Shorts Emini TF @ 1157.40 -> large size
[09:41:47] <@wrbtrader> 4+2 contracts
[09:42:47] <@wrbtrader> Short Emini ES futures @ 1835.50 large size 10 contracts
[09:45:13] <@wrbtrader> Exit all Emini ES futures @ 1835.25 +0.25
[09:45:49] <@wrbtrader> Covered all Emini TF Short @ 1157.60 --> - 0.2
[09:47:58] <@wrbtrader> Shorts Emini TF @ 1157.40 -> large size
[09:48:05] <@wrbtrader> 6 contracts
[09:48:32] <@wrbtrader> Short Emini ES futures @ 1835.50 large size 25 contracts
[09:52:38] <@wrbtrader> Covered all Emini TF Short @ 1156.70 --> + 0.7
[09:53:17] <@wrbtrader> Exit all Emini ES futures @ 1835.00 +0.50
[09:54:06] <@wrbtrader> volatility slowing down (contracting)
[09:55:47] <@wrbtrader> Reminder - NIFTY futures and Hang Seng HSI futures had a contract rollover to the F contract of 2014
[10:00:45] <@wrbtrader> Shorts Emini TF @ 1156.30 -> large size
[10:00:58] <@wrbtrader> 3+3 contracts
[10:01:15] <@wrbtrader> Shorts Emini TF @ 1156.70 -> Add
[10:01:26] <@wrbtrader> 3 added
[10:04:08] <@wrbtrader> Short Emini ES futures @ 1835.25 large size 10 contracts
[10:04:47] <@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
[10:05:18] <@wrbtrader> Emini TF futures doing its own thing again :(
[10:08:10] <@wrbtrader> Exit all Emini ES futures @ 1835.25 -0.00
[10:10:00] <@wrbtrader> Shorts Emini TF @ 1157.30 -> Add
[10:11:51] <@wrbtrader> Covered 1/4 Emini TF Short @ 1156.80 --> + 0.5
[10:12:37] <@wrbtrader> Emini ES futures stuck inside a low volatility tight trading range of about 4 ticks
[10:14:29] <@wrbtrader> Short Emini ES futures @ 1835.25 large size 10 contracts
[10:16:46] <@wrbtrader> In contrast, Emini NQ futures in a creeper (low volatility) up movment
[10:19:56] <@wrbtrader> Emini NQ futures is now in its own low volatility contraction range
[10:26:52] <@wrbtrader> Exit all Emini ES futures @ 1834.25 +1.00
[10:27:11] <@wrbtrader> WRB pt1 (shallow) reached on Emini ES futures
[10:30:00] <@wrbtrader> Covered 1/4 Emini TF Short @ 1155.80 --> + 0.5
[10:30:51] <@wrbtrader> That's a +0.90 (not +0.50)
[10:31:59] <@wrbtrader> snap back
[10:32:13] <@wrbtrader> volatility increasing
[10:32:43] <t4nppr> watching cl for a continue lower
[10:35:01] <@wrbtrader> Covered Remainder Emini TF Short @ 1157.20 --> - 0.9
[10:37:11] <@wrbtrader> Usually we get a strong continuation price action on the last two trading days of the year.
[10:37:37] <t4nppr> looks contracted this far
[10:37:59] <@wrbtrader> That's why I'm trading normal size instead of small size that I've been trading lower position sizes most of December
[10:52:48] <t4nppr> cl in low volatility
[11:03:01] <t4nppr> cl climbing
[11:23:02] <t4nppr> cl breaking down, minis rising
[11:29:09] <@wrbtrader> Long Emini TF @ 1158.80 -> medium size
[11:34:23] <@wrbtrader> Exited all Emini TF Long @ 1158.10 --> - 0.7
[11:42:44] <t4nppr> vol declining again
[11:45:25] <t4nppr> cl breaking lower again
[11:51:50] <@wrbtrader> Long Emini TF @ 1159.60 -> medium size
[12:00:13] <@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
[12:02:05] <@wrbtrader> Exited all Emini TF Long @ 1160.70 --> + 1.1
[14:44:08] <@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.
[14:48:50] <@wrbtrader> Gold futures drop, adding to annual losses (MarketWatch) @ http://www.marketwatch.com/story/gold-f ... atest_news
[15:00:38] <julie> Hi
[15:08:25] <@wrbtrader> Hi Julie
[15:08:35] <@wrbtrader> Quiet trading December so far
[15:08:57] <@wrbtrader> Gold GC futures still declining in a strong continuation price action
[15:14:47] <@wrbtrader> Shorts Emini TF @ 1159.60 -> small size
[15:14:59] <@wrbtrader> 1 contract
[15:15:49] <@wrbtrader> I'm not willing to push any size this time of day in the Eminis with such low volatility
[15:18:59] <@wrbtrader> Short Gold GC futures @ 1198.00 small size 1 + 2 contracts
[15:21:15] <@wrbtrader> Covered Emini TF Short @ 1159.40 --> + 0.2
[15:21:18] <@wrbtrader> Exit all Gold GC futures @ 1197.30 +0.70
[15:21:38] <@wrbtrader> WRB pt1 (shallow) reached on Emini TF futures
[15:21:46] <@wrbtrader> not what I wanted
[15:21:59] <@wrbtrader> too much contraction for my patience today
[15:22:17] <@wrbtrader> dumped Gold GC futures because the volatility also dried up
[15:28:32] <@wrbtrader> Light Crude Oil CL futures very quiet since 1430pm est
[15:30:04] <@wrbtrader> increasing volatility in Emini futures
[15:31:17] <t4nppr> wow gold fell off since its regular close
[15:35:21] <@wrbtrader> Yeah...too bad I didn't start monitoring it until around 1500pm est
[15:35:54] <@wrbtrader> Too busy with a few personal stuff this afternoon
[15:42:01] <@wrbtrader> a lot of contracting volatility in many key markets going into the 4pm est rush hour traffic so far
[15:54:45] <@wrbtrader> I don't expect normal trading conditions to return until Monday January 6th
[15:55:05] <@wrbtrader> in reference to volatility and such
[15:56:00] <@wrbtrader> Shorts Emini TF @ 1158.50 -> small size
[15:56:09] <@wrbtrader> 2+1 contracts
[15:58:44] <@wrbtrader> WRB pt1 reached
[15:59:48] <@wrbtrader> Covered 2/3 Emini TF Short @ 1157.50 --> + 1
[16:05:57] <@wrbtrader> doesn't look like there's going to be any fireworks between 1600pm - 1615pm est for the Emini TF futures
[16:09:27] <@wrbtrader> WRB pt2 reached
[16:09:28] <t4nppr> i managed a negative today
[16:09:34] <t4nppr> try again tomorrow
[16:09:49] <@wrbtrader> t4n...what were you trading today
[16:09:51] <@wrbtrader> ?
[16:10:11] <t4nppr> TF and CL
[16:10:50] <@wrbtrader> Were you trading CL when it was in the contracting volatility or the earlier big price drop ?
[16:11:19] <@wrbtrader> Covered Remainder Emini TF Short @ 1156.70 --> + 1.8
[16:12:13] <t4nppr> i traded just before the price drop, got stopped and didnt rejoin until it later contracted
[16:12:24] <t4nppr> got stopped just before it took off again
[16:12:43] <t4nppr> then traded the contraction again
[16:12:49] <t4nppr> never got a hold of the good stuff
[16:13:41] <@wrbtrader> Crude Oil CL futures snuck by me today during the big price drop
[16:14:21] <@wrbtrader> I should'uv switch my focus today to Crude Oil CL futures and Gold GC futures today instead of spending time with Emini TF and Emini ES futures
[16:14:36] <@wrbtrader> Take care all and see all tommorow
[16:15:00] <t4nppr> that second drop stopped me out by just the one tick
[16:15:05] <t4nppr> then took off,
[16:15:13] <t4nppr> nothing i could do
[16:15:36] <t4nppr> tf was just chopping around on my trades
[16:22:07] <t4nppr> GC also, it took my profits
Session Close: Mon Dec 30 20:18:22 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 2 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