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@ http://www.thestrategylab.com/tsl/forum/viewforum.php?f=164Attachment:
061714-Key-Price-Action-Markets.png [ 938.93 KiB | Viewed 285 times ]
click on the above image to view today's price action of key markets Session Start: Tue Jun 17 09:00:40 2014
Session Ident: ##TheStrategyLab
[09:00:40] * Now talking in ##TheStrategyLab
[09:00:40] * 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'[09:00:40] * Set by wrbtrader on Tue Feb 05 08:11:19
[09:00:41] ##TheStrategyLab url is
http://www.thestrategylab.com/tsl/forum/[09:33:36] <wrbtrader> Long Emini TF @ 1159.50 -> small size
[09:33:47] <wrbtrader> correction
[09:34:07] <wrbtrader> Shorts Emini TF @ 1159.50 -> small size
[09:34:14] <wrbtrader> 2 contracts
[09:35:18] <wrbtrader> Covered all Emini TF Short @ 1159.40 --> + 0.1
[09:35:29] <wrbtrader> got a lucky Houdini Escape
[09:36:18] <Tigerman__> hi all
[09:36:31] <Tigerman__> today I fight with PC and charts
[09:36:47] <Tigerman__> simply my life is too full
[09:36:58] <Tigerman__> no time to do what I need to do
[09:40:09] <Tigerman__> ugly price
[09:40:39] <Tigerman__> simply they NOT catch me
[09:40:41] <wrbtrader> Shorts Emini TF @ 1160.50 -> large size
[09:40:50] <Tigerman__> i let them alone
[09:40:58] <tradermo> short ym 16672
[09:41:13] <wrbtrader> 6+2+1 contracts
[09:41:27] <wrbtrader>
[09:42:03] <wrbtrader> Covered 1/3 Emini TF Short @ 1160.20 --> + 0.3
[09:42:20] <wrbtrader> Covered 1/3 Emini TF Short @ 1160.30 --> + 0.2
[09:42:34] <wrbtrader> Covered Remainder Emini TF Short @ 1150.40 --> + 10.1
[09:42:41] <wrbtrader> correction
[09:42:54] <wrbtrader> Covered Remainder Emini TF Short @ 1160.40 --> + 0.1
[09:43:32] <wrbtrader> consecutive trades with crappy entries
[09:46:04] <tradermo> adding to ym 16683
[09:47:21] <Tigerman__> long iwm 116.35 late entry
[09:47:32] <Tigerman__> 116.20 was the right entry
[09:47:45] <Tigerman__> exit 1/2 116.40 +5 tk
[09:48:20] <T4n> tf filled its 0830 WRBHG
[09:48:25] <Cayden> Reg Session YM Gap not yet filled
[09:49:08] <wrbtrader> Emini TF futures has retraced the 0830am est KME
[09:49:13] <Tigerman__> exit all remain at 116.45 +10 tk
[09:49:15] <tradermo> yes ym stop at 16708
[09:52:25] <tradermo> ym gap almost fill but tf very strong
[09:53:13] <Cayden> YM fill reg sess gap at 16700
[09:55:33] <tradermo> exit all ym 16708
[09:55:36] <wrbtrader> Long Emini TF @ 1167.20 -> large size
[09:56:01] <wrbtrader> 3+3 contracts
[09:56:06] <wrbtrader> intuition
[09:56:30] <Tigerman__> lg iwm 116.74
[09:56:53] <Tigerman__> a clear up trend now
[09:57:01] <Cayden> YM @ ES trading inside 830 est kme...
[09:58:43] <Tigerman__> exit iwm 1/2 116.85 +11 t
[09:59:58] <wrbtrader> Exited all Emini TF Long @ 1169.20 --> + 2
[10:00:09] <wrbtrader> WRB pt1 reached
[10:02:26] <wrbtrader> Long Emini TF @ 1169.50 -> small size
[10:02:37] <wrbtrader> 3 contracts
[10:03:32] <wrbtrader> I must be slow as a snail today...I am seeing my trade signals too late...resulting in only chasing so far today
[10:03:40] <Tigerman__> exit all at 116.93 +19 tk
[10:04:08] <wrbtrader> Exited Emini TF Long @ 1169.60 --> + 0.1
[10:05:10] <wrbtrader> Long Emini TF @ 1169.70 -> medium size
[10:05:20] <wrbtrader> 4 contracts
[10:05:39] <wrbtrader> WRB pt1 reached
[10:05:57] <Cayden> very nice on that one.
[10:06:20] <wrbtrader> Emini TF 3min chart looks a little scary...all UP intervals
[10:06:36] <tradermo> short ym 16716
[10:07:23] <T4n> sheesh, forget it
[10:07:25] <wrbtrader> not one down interval on the 3min chart of Emini TF futures
[10:07:29] <wrbtrader> crazy
[10:07:59] <Cayden> Emini all green is very steep too. ya need a safety harness up there
[10:08:20] <wrbtrader> Exactly
[10:08:35] <T4n> YM ES retraced 0830 kme
[10:08:43] <tradermo> exit all ym 16736
[10:08:59] <wrbtrader> Starting to feel like a space ship in space now
[10:09:12] <T4n> can i get a do over today? :/
[10:09:18] <wrbtrader> WRB pt2 reached
[10:09:50] <wrbtrader> Exited all Emini TF Long @ 1172.20 --> + 2.5
[10:10:16] <Cayden> yes- do over starts tomorrow 0930 east- :-)
[10:10:22] <wrbtrader>
[10:12:17] <wrbtrader> By the way, Treasury futures nose dived today
[10:13:05] <wrbtrader> ZN and ZB looks like they got thrown underneath the bus
[10:21:11] <T4n> ls 1172.1
[10:30:28] <T4n> e 1171.9
[10:36:12] <Tigerman__> sh wm 116.87
[10:36:16] <Tigerman__> intuition
[10:37:48] <wrbtrader> Shorts Emini TF @ 1169.50 -> small size
[10:37:58] <wrbtrader> 3 contracts
[10:38:45] <wrbtrader> Covered all Emini TF Short @ 1169.50 --> 0
[10:38:58] <wrbtrader> early exit...be back in about 15 minutes
[10:40:37] <Tigerman__> exit 1/2 iwm at 116.83 +4 tk
[10:47:15] <Tigerman__> exit all remainder iwm at 116.67 +20 tk
[10:47:54] <Tigerman__> some ticks over a Wrb pt3
[10:48:08] <Tigerman__> this take a lot of patience
[10:50:25] <Tigerman__> wow and continue !!!
[10:50:43] <Tigerman__> I mean price continue this south run
[10:58:03] <tradermo> hm, my ym short exit was not optimal, wrong stop placement
[10:59:40] <tradermo> looks like above 5min wrb hg would have been better, still experimenting with that
[11:03:03] <tradermo> short nq 3774
[11:08:38] <tradermo> exit half nq 3767
[11:09:03] <Tigerman__> sh iwm 116.62 intuition
[11:09:49] <tradermo> stop to breakeven on remaining 3774
[11:09:54] <Tigerman__> exit 1/2 at 116.57 +5 tk
[11:10:57] <Tigerman__> exit all remainder at 116.61 +1 tk
[11:14:36] <t4n> ss 1168.3
[11:15:59] <t4n> e -1.1
[11:17:28] <Tigerman__> lg iwm 116.96
[11:20:54] <t4n> ss 1170.4
[11:21:06] <Tigerman__> exit iwm 1/2 at 117.01 + 5tk
[11:21:40] <t4n> e -.9
[11:21:46] <t4n> tf so dang strong
[11:24:21] <Tigerman__> exit all IWM remainder at 117.11 +15 tk
[11:27:25] <t4n> ss 1170.8
[11:28:38] <t4n> -1.2
[11:28:57] <t4n> reentered to my death
[11:30:01] <Tigerman__> lg iwm 117.14
[11:30:17] <Tigerman__> chase a bit not able to get a better fill
[11:33:26] <t4n> ls cl 106.6
[11:33:32] <Tigerman__> a wall here
[11:33:55] <Tigerman__> maybe move up a bit now
[11:35:15] <Tigerman__> exit all iwm at 117.19 +19 tk
[11:35:44] <Tigerman__> not much vola I m not confident in wait for more run up
[11:35:50] <tradermo> moving nq stop to 3777
[11:36:02] <t4n> e .1
[11:39:55] <tradermo> adding to nq at 3772
[11:42:38] <t4n> tf made new daily highs while nq stuck down in its opening gap
[11:48:16] <Tigerman__> sh iwm 117.02
[11:50:30] <Tigerman__> exit iwm 117. 05 + 3 tk
[11:54:56] <Tigerman__> lg iwm 117.13
[11:56:06] <Tigerman__> exit 172 iwm 117.18 + 5tk
[11:57:11] <Tigerman__> exit all IWM remainder at 117.20 +7 tk
[11:57:25] <tradermo> exit all nq 3777
[12:18:01] <t4n> ss 1171.8
[12:21:41] <t4n> e .1
[12:28:51] <t4n> ls 1172.5
[12:32:04] <t4n> e .1
[12:34:41] <wrbtrader> U.S. Stocks Fluctuate on Inflation Report Before Fed (Bloomberg) @
http://www.bloomberg.com/news/2014-06-1 ... eting.html [12:41:50] <@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.
[12:48:07] <@wrbtrader> Long Emini TF @ 1173.50 -> small size
[12:48:16] <@wrbtrader> 2 contracts
[12:49:19] <Tigerman__> lg iwm 117.31
[12:50:51] <Tigerman__> exit 1/2 iwm 117.33 +2tk
[12:53:04] <Tigerman__> exit all iwm remainder at 117.37 +6tk
[12:53:30] <@wrbtrader> Exited all Emini TF Long @ 1174.00 --> + 0.5
[13:35:59] <@wrbtrader> Light Crude Oil CL futures still declining since 1130am est rolling over southward
[13:39:27] <@wrbtrader> Long Emini TF @ 1173.80 -> small size
[13:39:45] <@wrbtrader> 3 contracts
[13:39:55] <@wrbtrader> 1+2 contracts
[13:46:12] <@wrbtrader> Exited all Emini TF Long @ 1174.30 --> + 0.5
[13:46:27] <@wrbtrader> another pick pocketed after a WRB pt1
[13:46:45] <@wrbtrader> I held it longer because I thought there was enough volatility to take it to a WRB pt2
[14:18:14] <Tigerman__> take care all see next time
[14:21:45] <tradermo> short iwm 117.25
[14:24:15] <tradermo> adding to short at 117.24
[14:26:25] <@wrbtrader> Long Emini TF @ 1173.20 -> medium size
[14:26:34] <@wrbtrader> 2+2 contracts
[14:27:05] <tradermo> stop at 117.61 to allow new high
[14:33:43] <@wrbtrader> Exited all Emini TF Long @ 1172.20 --> - 1
[14:38:28] <tradermo> stop to breakeven on iwm 117.25
[14:40:58] <tradermo> big guys selling a bit here - not sure why
[14:45:07] <@wrbtrader> Long Emini TF @ 1172.70 -> medium size
[14:45:07] <tradermo> exit all iwm 117.25
[14:45:35] <@wrbtrader> 4 contracts
[14:48:00] <@wrbtrader> volatility just died
[14:48:05] <@wrbtrader> tighting stop loss protection
[14:51:00] <@wrbtrader> Exited all Emini TF Long @ 1172.80 --> + 0.1
[14:55:25] <@wrbtrader> Long Emini TF @ 1172.50 -> large size
[14:55:39] <@wrbtrader> It keeps trying
[14:55:48] <@wrbtrader> 4+2 contracts
[14:58:02] <@wrbtrader>
[14:59:02] <@wrbtrader> back to the WRB pt1 area but just struggling to get beyond
[14:59:38] <@wrbtrader> Exited 1/2 Emini TF Long @ 1172.80 --> + 0.3
[14:59:57] <@wrbtrader> Exited Remainder Emini TF Long @ 1172.70 --> + 0.2
[15:00:34] <@wrbtrader> will try again
[15:01:10] <@wrbtrader> need for it to drop a few ticks more
[15:02:25] <@wrbtrader> Long Emini TF @ 1172.20 -> large size
[15:02:34] <@wrbtrader> 6 contracts
[15:02:47] <@wrbtrader> re-entry
[15:06:01] <@wrbtrader> Exited 1/2 Emini TF Long @ 1172.00 --> - 0.2
[15:13:48] <@wrbtrader> Exited Remainder Emini TF Long @ 1171.60 --> - 0.6
[15:16:01] <@wrbtrader> I'm now expecting a volatility spike
[15:16:12] <@wrbtrader> the range is too tight for this time of day
[15:16:35] <tradermo> ok i need to to enter my long
[15:16:47] <tradermo> big boys buying
[15:17:27] <@wrbtrader> If it drops below the tight range...I'm shorting
[15:17:37] <@wrbtrader> If it move above the tight range...I'm going Long
[15:18:01] <tradermo> ok, no problem, my stops are bigger
[15:18:40] <tradermo> didn't fill my es long yet and price running up
[15:20:38] <tradermo> two es long orders working at 1932 and 1932.5
[15:34:34] <tradermo> hm, this spike up without me invalidates my entry
[15:35:01] <tradermo> not taking more trades today
[15:36:38] <@wrbtrader> Shorts Emini TF @ 1171.30 -> large size
[15:36:53] <@wrbtrader> 9 contracts
[15:41:30] <@wrbtrader> Covered Emini TF Short @ 1171.30 --> 0
[15:41:38] <@wrbtrader> Holding 6 contract remainders
[15:41:51] <@wrbtrader> It stalled @ 1171.00
[15:42:40] <@wrbtrader> TF now trying to retest the prior tight trading range
[15:43:02] <@wrbtrader> Covered Remainder Emini TF Short @ 1171.50 --> - 0.2
[15:45:51] <@wrbtrader> Shorts Emini TF @ 1171.30 -> large size
[15:46:07] <@wrbtrader> 3+3 contracts
[15:46:10] <@wrbtrader> re-entry
[15:48:46] <@wrbtrader> back to that stall area of 1171.00
[15:50:09] <@wrbtrader> WRB pt1 reached
[15:51:29] <@wrbtrader> Covered Emini TF Short @ 1170.00 --> + 1.3
[15:51:42] <@wrbtrader> Holding 2 contract remainders
[15:52:04] <@wrbtrader> Covered Remainder Emini TF Short @ 1170.00 --> + 1.3
[15:55:18] <@wrbtrader> Long Emini TF @ 1170.10 -> small size
[15:55:24] <@wrbtrader> 3 contracts
[15:56:57] <@wrbtrader> I'm looking for a snap back upwards here but so far...nothing
[15:59:23] <@wrbtrader> Exited all Emini TF Long @ 1170.70 --> + 0.6
[16:01:08] <tradermo> nq and tf showed relative weakness in second half of day
[16:01:56] <tradermo> possibly traders unloading some risk before fomc
[16:03:19] <tradermo> on the other hand some big boys buying into close and small guys desperately selling
[16:03:47] <@wrbtrader> Looks like I dumped that Long position just in time
[16:04:32] <tradermo> definitely
[16:04:47] <tradermo> timing is everything
[16:05:15] <@wrbtrader> Take care all and see all tomorrow
Session Close: Tue Jun 17 16:59:48 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
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WRB Analysis.
Therefore, we welcome
all traders that want to learn about
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price action trading.
The purpose of ##TheStrategyLab is that it's designed to be a
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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
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Commonly discussed trading instruments from stocks, futures, exchange traded funds and forex currencies:
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ICE Emini TF Futures (formerly CME ER2)
CBOT mini-sized Dow Futures YM
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CME Futures EuroFX 6E and EC
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Forex Currencies Gbp/Usd, Eur/Usd, Eur/Yen and Usd/Cad
Exchange Traded Funds VXX, DIA, IWM, QQQ, SPY, BGU, FAS, FAZ, TNA, OIH, XLE and GLD
NYMEX Energy Futures Light Crude Oil CL, Brent Crude Oil BRN, e-miNY QM and Natural Gas NG
COMEX Metal Futures Gold GC, mini-Gold YG, Copper HG and Silver SI
S&P CNX NIFTY Futures
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
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##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
@
http://twitter.com/wrbtrader or http://stocktwits.com/wrbtrader Phone: +1 708 572-4885
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