Login    Forum    Search    FAQ



Post new topic Reply to topic Bookmark and Share  [ 1 post ] 
Author Message
 Post subject: March 28th Friday - Futures, Forex, Stocks and ETFs
 Post Posted: Mon Mar 31, 2014 6:33 pm 
Offline
Trader / Forum Admin

Joined: Tue Dec 16, 2008 1:02 am
Posts: 2663
Location: Canada
Price Action Trading (no technical indicators)
Phone: +1 708 572-4885
Free Chat Room: http://www.thestrategylab.com/tsl/forum/viewforum.php?f=164
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 chat room is is primarily designed for you to use as a trade journal of your WRB Analysis or real-time trades with time stamp archive....giving you a better understanding of your broker statements from one trade to the next trade when you review your 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 to correlate with your broker statements. Therefore, the usefulness of ##TheStrategyLab chat room is determined via your participation in the chat room.

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 either one WRB Analysis price action commentary involving any key concept from the free study guide, 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 qualify for access to our free ##TheStrategyLab chat room that's located on the Freenode IRC network...please follow the instructions at the TSL Support Forum @ http://www.thestrategylab.com/tsl/forum/viewforum.php?f=164

Attachment:
032814-SP-500-Index-Chart.png
032814-SP-500-Index-Chart.png [ 14.99 KiB | Viewed 73 times ]

click on the above image to view today's price action of the S&P 500 Index

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

Session Start: Fri Mar 28 09:22:07 2014
Session Ident: ##TheStrategyLab
[09:22:07] * Now talking in ##TheStrategyLab
[09:22:07] * 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'
[09:22:07] * Set by wrbtrader on Tue Feb 05 08:11:19
[09:22:07] ##TheStrategyLab url is http://www.thestrategylab.com/tsl/forum/
[09:29:14] <wrbtrader> Key Market Events @ 0955am est
[09:30:07] <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.
[09:31:10] <@wrbtrader> Long Emini TF @ 1149.80 -> small size
[09:31:25] <@wrbtrader> 3 contracts
[09:33:55] <@wrbtrader> Exited all Emini TF Long @ 1149.40 --> - 0.4
[09:34:32] <@wrbtrader> Shorts Emini TF @ 1148.80 -> medium size
[09:34:40] <@wrbtrader> 4 contracts
[09:35:54] <@wrbtrader> Covered all Emini TF Short @ 1150.20 --> - 1.4
[09:36:08] <@wrbtrader> :(
[09:36:48] <@wrbtrader> Long Emini TF @ 1151.90 -> medium size
[09:36:56] <@wrbtrader> correction
[09:37:07] <@wrbtrader> Long Emini TF @ 1150.90 -> medium size
[09:37:28] <@wrbtrader> starting to feel like yesterday's choppy price action in the afternoon
[09:39:47] <@wrbtrader> Exited all Emini TF Long @ 1153.10 --> + 2.2
[09:45:34] <@wrbtrader> Long Emini TF @ 1155.00 -> small size
[09:45:45] <@wrbtrader> 3 contracts
[09:46:44] <@wrbtrader> Exited all Emini TF Long @ 1155.20 --> + 0.2
[09:46:51] <@wrbtrader> :(
[09:47:00] <@wrbtrader> volatility declining now
[09:48:39] <@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
[10:00:28] <@wrbtrader> Long Emini TF @ 1155.00 -> small size
[10:00:34] <@wrbtrader> 2 contracts
[10:01:38] <@wrbtrader> WRB pt1 reached
[10:02:37] <@wrbtrader> Exited 1/2 Emini TF Long @ 1158.30 --> + 3.3
[10:03:04] <@wrbtrader> Exited Remainder Emini TF Long @ 1158.50 --> + 3.5
[10:03:13] <@wrbtrader> WRB pt2 reached
[10:06:24] <@wrbtrader> Emini TF futures briefly retested the reaction high of yesterday's 1026am est
[10:28:27] <@wrbtrader> U.S. Stocks Rise With Europe as Industrial Metals Advance (Bloomberg) @ http://www.bloomberg.com/news/2014-03-2 ... cline.html
[10:39:11] <tradermo> short ym 16309
[11:05:03] <@wrbtrader> Long Emini TF @ 1163.60 -> small size
[11:05:09] <@wrbtrader> 2 contracts
[11:07:55] <@wrbtrader> Exited all Emini TF Long @ 1163.70 --> + 0.1
[11:22:24] <tradermo> away for a bit, keeping stop at 16343
[11:42:27] <tradermo> exit ym at 16298
[11:42:47] <tradermo> wrong horse
[11:45:54] <@wrbtrader> Shorts Emini TF @ 1158.30 -> small size
[11:46:17] <@wrbtrader> 2 contracts
[11:46:44] <@wrbtrader> WRB pt1 reached
[11:50:32] <@wrbtrader> Covered all Emini TF Short @ 1157.30 --> + 1
[13:55:27] <@wrbtrader> ##TheStrategyLab Purpose -> -This chat room is for YOU to use as a daily journal of your thoughts or trades involving any key concept from the WRB Analysis free study guide. If you're in here and NOT talking about WRBs, WRB Hidden GAPs, key market events, swing point price actions, strong continuation price actions, WRB Zones...you are not properly using this chat room.
[13:55:55] <@wrbtrader> Shorts Emini TF @ 1151.30 -> medium size
[13:56:47] <@wrbtrader> Emini TF futures has dropped below the reaction low of 1336pm est
[13:58:34] <@wrbtrader> Covered 1/2 Emini TF Short @ 1150.90 --> + 0.4
[13:59:31] <@wrbtrader> Covered Remainder Emini TF Short @ 1151.20 --> + 0.1
[13:59:50] <@wrbtrader> poor entry didn't give me much breathing room to manage that trade
[14:04:18] <@wrbtrader> Shorts Emini TF @ 1170.60 -> small size
[14:04:32] <@wrbtrader> 1 contract
[14:05:54] <@wrbtrader> re-entry
[14:06:26] <@wrbtrader> Strong Continuation downtrend still active
[14:07:17] <@wrbtrader> correction
[14:07:47] <@wrbtrader> Shorts Emini TF @ 1150.60 -> small size
[14:08:00] <@wrbtrader> not 1170.60
[14:08:09] <@wrbtrader> WRB pt1 reached
[14:09:34] <@wrbtrader> Covered Emini TF Short @ 1147.20 --> + 3.4
[14:14:56] <@wrbtrader> Shorts Emini TF @ 1146.60 -> large size
[14:15:03] <@wrbtrader> :(
[14:15:21] <@wrbtrader> looking for a Houdini Escape
[14:16:17] <@wrbtrader> Covered 1/2 Emini TF Short @ 1145.60 --> + 1
[14:16:40] <@wrbtrader> position size error on the entry...
[14:16:47] <@wrbtrader> working in my favor
[14:16:53] <@wrbtrader> lucky trade of the day
[14:17:15] <@wrbtrader> WRB pt1 reached
[14:17:48] <@wrbtrader> Covered Remainder Emini TF Short @ 1145.40 --> + 1.2
[14:20:41] <@wrbtrader> strong continuation downtrend still active in the Emini Futures ES, NQ, YM, EMD and TF
[14:21:02] <@wrbtrader> Same for exchange traded funds SPY, IWM, QQQ, DIA and MDY
[14:22:51] <t4n> there have been big moves during midday break this week
[14:23:32] <@wrbtrader> Nice to see when that happens
[14:23:53] <@wrbtrader> Usually I take long breaks during the mid-day trading session...
[14:24:02] <@wrbtrader> Have been taking less breaks this week.
[14:24:27] <@wrbtrader> Traded aggressively yesterday mid-day in hopes of another sell-off...didn't happen
[14:24:52] <@wrbtrader> Today I took a small mid-day break...it sold off :(
[14:25:05] <@wrbtrader> as in a trend
[14:25:33] <t4n> guess you can only plan with audio alerts
[14:25:51] <t4n> by then its probably too late
[14:41:57] <@wrbtrader> Long Emini TF @ 1147.50 -> small size
[14:42:04] <@wrbtrader> 1 contract
[14:42:52] <@wrbtrader> t4n...I use audio alerts every day
[14:43:27] <@wrbtrader> Its only useful if I'm home to hear it during one of my breaks from trading
[14:43:44] <@wrbtrader> Thus, obviously not useful when I'm not home
[14:44:07] <@wrbtrader> Exited Emini TF Long @ 1146.50 --> - 1
[14:44:09] <t4n> do you set them at prior s/r areas or just price point away from the market?
[14:45:23] <t4n> away from current market price, i mean
[14:46:52] <@wrbtrader> I set my audio alerts on reaction highs/lows and WRB Hidden GAPs S/R areas
[14:47:21] <@wrbtrader> Thus, whenever price passes through one of those areas (if/when I'm home)...I come back to my computer.
[14:47:49] <@wrbtrader> I'm a strong believer in NOT sitting in front of the computer all day for trading...
[14:47:58] <t4n> i see, so you would likely have set them around the earlier dips and tops for today
[14:47:58] <@wrbtrader> not good for the physical and mental health
[14:53:30] <@wrbtrader> Its recommended by doctors that anyone that has a computer job...they should take six breaks...ten minutes each per 8 hour shift
[14:54:15] <@wrbtrader> and that does NOT include a 1 hour lunch
[14:55:02] <@wrbtrader> Simply, a total of 2 hours per work day should be away from the computer
[14:55:34] <@wrbtrader> If not able to do that...its recommended that we have a standing workstation (no chairs)
[14:56:17] <t4n> sounds important
[14:56:24] <t4n> suppose i will take a break
[14:56:35] <@wrbtrader> Critically important especially if you're trading full time
[14:56:54] <@wrbtrader> or doing an office job where you're sitting down all day
[14:57:59] <@wrbtrader> Soon I'm going to buy something similar to this @ http://www.greenmoxie.com/rising-to-the ... ding-desk/
[14:58:40] <@wrbtrader> I have a good friend that has one...changed his life (mentally and physically)
[15:16:16] <@wrbtrader> Long Emini ES @ 1846.25 -> large size
[15:16:51] <@wrbtrader> Exited all Emini ES Long @ 1846.00 --> - 0.25
[15:16:59] <@wrbtrader> 10 contracts
[15:17:03] <@wrbtrader> trade error
[15:17:23] <@wrbtrader> too early on the entry
[15:17:49] <@wrbtrader> Long Emini ES @ 1847.00 -> large size
[15:17:58] <@wrbtrader> 10 contracts
[15:18:32] <@wrbtrader> WRB pt1 reached
[15:18:56] <@wrbtrader> Exited all Emini ES Long @ 1848.50 --> + 1.5
[15:51:01] <@wrbtrader> not much volatility so far approaching the 4pm est rush hour traffic
[15:51:26] <@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.
[15:54:59] <@wrbtrader> Shorts Emini TF @ 1145.60 -> medium size
[15:55:58] <@wrbtrader> Covered all Emini TF Short @ 1146.60 --> - 1
[15:56:35] <@wrbtrader> Long Emini TF @ 1147.20 -> large size
[15:57:29] <@wrbtrader> 6 contracts
[15:58:56] <@wrbtrader> struggling in the volatility :(
[15:59:14] <@wrbtrader> looks like its content to stay range bound
[16:00:43] <@wrbtrader> Exited all Emini TF Long @ 1147.00 --> - 0.2
[16:01:50] <@wrbtrader> It tried hard to push but was not able to get above the reaction high of 1454pm est
[16:02:14] <@wrbtrader> Long Emini TF @ 1147.30 -> small size
[16:02:21] <@wrbtrader> 3 contracts
[16:02:24] <@wrbtrader> re-entry
[16:02:40] <@wrbtrader> Lets see if it tries again but on a slow creeper up movement
[16:04:36] <@wrbtrader> Overall a good week of volatility
[16:04:53] <@wrbtrader> It just ran out of steam at the end of the week
[16:14:54] <@wrbtrader> Exited all Emini TF Long @ 1147.10 --> - 0.2
[16:15:12] <@wrbtrader> Take care all, have a nice weekend and see all on Monday
Session Close: Fri Mar 28 18:45:14 2014

-------------------------

##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