Login    Forum    Search    FAQ



Post new topic Reply to topic Bookmark and Share  [ 1 post ] 
Author Message
 Post subject: June 24th Tuesday - Futures, Forex, Stocks and ETFs
 Post Posted: Thu Jun 26, 2014 6:54 am 
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 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, WRBs, WRB Hidden GAPs, WRB Zone, WRB/WRB Hidden GAP profit targets, Key Market Events, Reaction Highs/Lows, Expanding Volatility) 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, ##TheStrategyLab chat room is not designed to be educational. Simply, members using the chat room are not there to teach you how to trade and you will not see me discussing the reasons (strategies) behind my trades within ##TheStrategyLab chat room because those reasons (strategies) are only discussed with fee-base clients in a different chat room. Yet, if you want ##TheStrategyLab chat room to be educational or more active in discussing whatever it is that you're trading, we highly recommend that you ask trading related questions about your own trading instead of lurking (not saying anything) because your primary purpose is to improve your trading if you're a struggling trader. Therefore, don't join ##TheStrategyLab and then be silent. To be silent while using ##TheStrategyLab chat room, you'll be wasting a collaboration opportunity for improving your trading and doing such will make ##TheStrategyLab chat room useless to you.

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 to the chat room participation rule involves those traders that are actively posting elsewhere at TheStrategyLab.com (e.g. DOKs at their support forum in the public area or within their private threads)...these traders are then allowed to not participate in the chat room if that's what they prefer to do instead of asking for help with real-time WRB Analysis.

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:
062414-Key-Price-Action-Markets.png
062414-Key-Price-Action-Markets.png [ 937.22 KiB | Viewed 287 times ]

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

Session Start: Tue Jun 24 09:28:14 2014
Session Ident: ##TheStrategyLab
[09:28:14] * Now talking in ##TheStrategyLab
[09:28:14] * 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'
[09:28:14] * Set by wrbtrader on Tue Feb 05 08:11:19
[09:28:14] ##TheStrategyLab url is http://www.thestrategylab.com/tsl/forum/
[09:39:02] <wrbtrader> A lot of stuff happening around 1000am est today involving many different types of KMEs
[09:40:45] <wrbtrader> Shorts Emini TF @ 1178.00 -> large size
[09:41:06] <wrbtrader> 7 contracts
[09:41:38] <wrbtrader> may get a lucky exit out of this trade
[09:41:50] <wrbtrader> poor entry
[09:44:16] <tradermo> short iwm 117.83
[09:45:24] <wrbtrader> Covered all Emini TF Short @ 1178.70 --> - 0.7
[09:47:08] <tradermo> adding 117.93
[09:47:58] <wrbtrader> Shorts Emini TF @ 1178.70 -> large size
[09:49:17] <wrbtrader> 9 contracts re-entry
[09:52:02] <wrbtrader> Covered 1/3 Emini TF Short @ 1177.90 --> + 0.8
[09:53:22] <tradermo> exit half iwm 117.76
[09:58:42] <tradermo> exit rem iwm 117.61
[09:59:48] <wrbtrader> Covered 1/3 Emini TF Short @ 1176.40 --> + 2.3
[09:59:59] <wrbtrader> WRB pt2 reached
[10:00:37] <wrbtrader> Covered Remainder Emini TF Short @ 1177.00 --> + 1.7
[10:00:51] <wrbtrader> KME volatility spike
[10:06:10] <wrbtrader> volatility still increasing
[10:07:02] <wrbtrader> Long Emini TF @ 1181.30 -> medium size
[10:07:11] <wrbtrader> 4 contracts
[10:09:27] <wrbtrader> Exited all Emini TF Long @ 1181.30 --> 0
[10:12:12] <wrbtrader> Long Emini TF @ 1182.00 -> large size
[10:12:37] <wrbtrader> 3+1+2 contracts
[10:12:49] <wrbtrader> 1 of those contracts @ 1182.10
[10:13:00] <wrbtrader> re-entry
[10:13:43] <wrbtrader> Original trade signal @ 1176.40 via the 5min chart
[10:14:18] <wrbtrader> That makes my re-entry trade almost 6 points higher than the actual trade signal price...
[10:14:34] <wrbtrader> That's a lot of volatility for that type of re-entry
[10:15:44] <wrbtrader> volatility slowing a little
[10:15:50] <wrbtrader> intervals getting smaller
[10:16:39] <wrbtrader> Exited 1/2 Emini TF Long @ 1182.70 --> + 0.7
[10:17:03] <wrbtrader> Exited Remainder Emini TF Long @ 1182.60 --> + 0.6
[10:23:48] <wrbtrader> Long Emini TF @ 1848.40 -> medium size
[10:24:14] <wrbtrader> correction...3 contracts...not 4 contracts
[10:25:54] <wrbtrader> Exited all Emini TF Long @ 1184.80 --> - 663.6
[10:26:21] <wrbtrader> +0.4 points
[10:26:26] <wrbtrader> correction
[10:28:48] <wrbtrader> Long Emini TF @ 1184.60 -> medium size
[10:28:57] <wrbtrader> 4 contracts re-entry
[10:32:43] <wrbtrader> Exited all Emini TF Long @ 1187.10 --> + 2.5
[10:32:57] <wrbtrader> WRB pt1 reached by 1 tick
[11:56:22] <wrbtrader> Not fun watching this price action now that's just going sideways
[12:24:35] <tradermo> long nq 3825
[12:27:09] <tradermo> stop at 3815 - above r area of 5min wrb hg
[13:01:53] <tradermo> adding to nq 2823
[13:08:19] <tradermo> moving nq stop to 3814
[13:08:37] <tradermo> es may need to hit 1952
[13:16:38] <tradermo> es 1952 last chance here to find buyers
[13:18:07] <tradermo> exit all nq 3814
[13:18:20] <tradermo> big guys continue selling
[13:19:30] <wrbtrader> Emini TF nearing that S area of the big Up WRB Hidden GAP that occurred just before the 1000am est KME
[13:21:42] <wrbtrader> Shorts Emini TF @ 1176.20 -> large size
[13:21:56] <wrbtrader> 2+4 contracts
[13:23:07] <wrbtrader> Covered all Emini TF Short @ 1176.70 --> - 0.5
[13:23:30] <wrbtrader> Shorts Emini TF @ 1177.00 -> large size
[13:23:44] <wrbtrader> re-entry
[13:23:59] <tradermo> difficult to enter short here, es still thinking about 1952
[13:24:00] <wrbtrader> that's a big S area...
[13:24:42] <wrbtrader> may have to try a few times
[13:26:26] <wrbtrader> Covered all Emini TF Short @ 1176.80 --> + 0.2
[13:35:27] <tradermo> long nq 3819
[13:35:41] <tradermo> reentering
[13:36:52] <tradermo> stop at 3809 - s area of 5min wrb hg
[13:38:59] <tradermo> reason for sell of might have been ....
[13:39:10] <wrbtrader> Long Emini TF @ 1179.90 -> large size
[13:39:28] <tradermo> es exceeded globex high by a tick, traping many traders
[13:39:59] <tradermo> even the big guys
[13:40:19] <wrbtrader> 5+1 contracts
[13:40:51] <wrbtrader> Exited all Emini TF Long @ 1180.30 --> + 0.4
[13:41:57] <wrbtrader> Houdini Escape on that one because the trade was an entry error...
[13:42:01] <wrbtrader> 2nd one of the day
[13:48:25] <tradermo> adding to nq long 3818
[13:48:40] <tradermo> big/small guys div
[13:53:29] <wrbtrader> Shorts Emini TF @ 1177.20 -> large size
[13:53:38] <tradermo> es testing 1952 - let see if the wrb hg on 5min provides some support
[13:53:42] <wrbtrader> 6 contracts
[13:54:45] <wrbtrader> Hoping to ride this down to 1176.40 that's the S area of the Up WRB Hidden GAP I tried a few Short position nearby earlier
[13:55:39] <tradermo> tf weak, but difficult to short, hence playing this with options on iwm
[13:58:22] <tradermo> es wrb hg support trying to do its job, but tricky against short term downtrend
[14:03:46] <wrbtrader> Covered all Emini TF Short @ 1176.80 --> + 0.4
[14:29:03] <wrbtrader> Shorts Emini TF @ 1174.80 -> large size
[14:29:22] <wrbtrader> 4+3 contracts :(
[14:29:41] <wrbtrader> I had 3 no fill on that price drop the past few minutes
[14:29:54] <wrbtrader> beginning at 1177.00
[14:33:07] <tradermo> exit all nq 3809
[14:33:22] <tradermo> nq very resilient but stopped out now
[14:36:48] <wrbtrader> Covered all Emini TF Short @ 1174.00 --> + 0.8
[14:36:59] <wrbtrader> no point...just ticks again :(
[14:51:25] <tradermo> long nq 3811
[15:01:52] <tradermo> adding to nq 3808
[15:06:34] <tradermo> nq showing rel weakness now
[15:07:02] <tradermo> need a quick snapback or i have a problem
[15:07:11] <tradermo> stop 3799
[15:10:10] <tradermo> exit all nq 3799
[15:14:16] <wrbtrader> Shorts Emini TF @ 1169.40 -> large size
[15:14:22] <tradermo> nq now helping to accelerate the down move
[15:14:36] <wrbtrader> 6 contracts
[15:14:47] <wrbtrader> geeesh
[15:15:02] <wrbtrader> Covered all Emini TF Short @ 1170.00 --> - 0.6
[15:17:36] <wrbtrader> Shorts Emini TF @ 1170.80 -> large size
[15:17:42] <wrbtrader> re-entry
[15:17:54] <wrbtrader> punks
[15:22:23] <wrbtrader> I need to hold this a little longer to try to get my 6 ticks back that I was pick pocketed for in the prior trade...I want 1168.00 at the minimum
[15:22:46] <wrbtrader> Covered all Emini TF Short @ 1168.70 --> + 2.1
[15:37:38] <wrbtrader> Shorts Emini TF @ 1167.90 -> large size
[15:38:15] <wrbtrader> Covered all Emini TF Short @ 1167.70 --> + 0.2
[15:38:40] <wrbtrader> stop error
[15:38:50] <wrbtrader> 3rd problem trade of the day
[15:39:28] <wrbtrader> Hopefully this can chop a little back upwards to give me another chance at this
[15:39:35] <wrbtrader> doesn't look like it
[15:40:20] <tradermo> too much volatility for me to enter future shorts here, but keeping iwm put options for overnight followthrough and playing some other weeklies
[15:54:09] <wrbtrader> Shorts Emini TF @ 1168.20 -> large size
[15:55:16] <wrbtrader> Covered all Emini TF Short @ 1168.10 --> + 0.1
[15:56:09] <wrbtrader> that early exit was a fear exit
[15:57:18] <tradermo> is that in the tutorials ? :)
[15:57:35] <wrbtrader> no
[15:57:41] <wrbtrader> Its common sense trading...
[15:57:55] <wrbtrader> Enter a stupid trade...be smart and exit it fast :)
[15:58:21] <tradermo> yes, that make sense
[15:58:56] <wrbtrader> Shorts Emini TF @ 1168.20 -> large size
[15:59:07] <wrbtrader> 6 contracts
[15:59:25] <wrbtrader> volatility increasing slowly into the 4pm est rush hour traffic
[15:59:41] <wrbtrader> trailing @ profit for any spike up
[16:00:14] <wrbtrader> Covered all Emini TF Short @ 1167.70 --> + 0.5
[16:02:41] <tradermo> tf closing weak and no major buyers into close, will be interesting to see if we get a gap down
[16:03:15] <wrbtrader> Not much of a 4pm est rush hour traffic.
[16:03:53] <wrbtrader> I was more like a bunch of old ladies doing their daily walk around the park
[16:04:04] <wrbtrader> Take care all and see all tomorrow
Session Close: Tue Jun 24 17:18:36 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 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