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 Post subject: September 4th Thursday - Futures, Forex, Stocks and ETFs
 Post Posted: Fri Sep 05, 2014 7:24 am 
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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, WRB Zone, R area of WRB Zone, S area of WRB Zone) 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:
090414-Key-Price-Action-Markets.png
090414-Key-Price-Action-Markets.png [ 1.33 MiB | Viewed 251 times ]

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

Session Start: Thu Sep 04 09:29:52 2014
Session Ident: ##TheStrategyLab
[09:29:52] * Now talking in ##TheStrategyLab
[09:29:52] * 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'
[09:29:52] * Set by wrbtrader on Tue Feb 05 08:11:19
[09:29:52] ##TheStrategyLab url is http://www.thestrategylab.com/tsl/forum/
[09:30:23] <tradermo> short iwm 116.70
[09:31:04] <tradermo> stop 117.13
[09:34:49] <robbin_banks> long tf 1173.30 2cnts
[09:36:06] <robbin_banks> exit all tf @1174.40 +1.1
[09:38:39] <tradermo> adding to iwm 116.83
[09:39:41] <tradermo> stop to 117.22
[09:46:13] <Tigerman__> gm all
[09:47:48] <lightenup> Sold TF @ 1176.9
[09:48:33] <lightenup> Flat TF @1176.4 +.5
[09:48:59] <TradeSnake____> Long GC @ 1273.0
[09:49:55] <robbin_banks> morning tiger
[09:50:37] <Tigerman__> ho rob
[09:51:14] <wrbtrader> Long Emini TF @ 1177.40 -> large size
[09:51:44] <wrbtrader> 3+4 contracts
[09:51:57] <Tigerman__> lg iwm 117.2
[09:53:24] <wrbtrader> maybe I should have gone Long a few points earlier :)
[09:53:52] <wrbtrader> too much analysis by me this morning out of the gate...
[09:54:17] <wrbtrader> It slowed down my reaction to the trend development
[09:55:34] <wrbtrader> Exited Emini TF Long @ 1177.60 --> + 0.2
[09:55:50] <wrbtrader> not going anywhere
[09:56:10] <wrbtrader> pending KME soon @ 1000am est
[10:07:01] <tradermo> exit all iwm 117.22
[10:07:11] <wrbtrader> Long Emini TF @ 1178.40 -> medium size
[10:07:22] <wrbtrader> 4 contracts
[10:07:58] <wrbtrader> it just stalled
[10:08:57] <Tigerman__> lg iwm 117.27
[10:11:28] <Tigerman__> exit iwm 117.34 +7 tk
[10:12:58] <wrbtrader> Exited all Emini TF Long @ 1180.50 --> + 2.1
[10:13:32] <tradermo> short nq 4098.75
[10:14:37] <tradermo> stop 4010
[10:20:37] <tradermo> stop to breakeven 4098.75
[10:21:11] <tradermo> exit all nq 4098.75
[10:27:04] <TradeSnake____> Flat GC @ 1269.7 --> -3.3
[11:21:07] <@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.
[11:36:07] <tradermo> long ym 17105
[11:36:47] <@wrbtrader> Shorts Emini TF @ 1175.70 -> small size
[11:36:57] <@wrbtrader> 1+1 contracts
[11:37:09] <tradermo> stop 17080
[11:38:56] <Tigerman__> sh iwm 117.04
[11:39:37] <@wrbtrader> Covered all Emini TF Short @ 1176.50 --> - 0.8
[11:40:47] <Tigerman__> exit sh iwm 117.04 + 0 :(
[11:41:47] <tradermo> stop to breakeven 17105
[11:43:15] <@wrbtrader> Short Emini ES futures @ 2005.25 large size 15 contracts
[11:44:41] <tradermo> exit all ym 17105
[11:45:05] <@wrbtrader> Exit all Emini ES futures @ 2005.00 +0.25
[11:45:14] <@wrbtrader> :(
[11:45:26] <@wrbtrader> messed that one up
[11:46:58] <tradermo> long iwm 117.00
[11:47:22] <tradermo> tight stop 116.78
[11:47:38] <tradermo> recall es 2005 was line in sand from yesterday
[11:47:58] <@wrbtrader> Yes
[11:48:13] <@wrbtrader> I moved my trail accidentally too tight
[11:51:11] <tradermo> stop to breakeven 117.00
[11:51:20] <tradermo> tf a bit weak
[11:51:55] <tradermo> needs to react fast
[11:53:25] <TradeSnake____> Euro falling off a cliff today, down almost 2 cents
[12:24:16] <tradermo> exit all iwm 117.00
[12:26:40] <@wrbtrader> Short Emini ES futures @ 2004.25 large size 11 contracts
[12:26:48] <tradermo> long ym 17107
[12:26:57] <@wrbtrader> increasing volatility
[12:27:03] <@wrbtrader> in Emini ES futures
[12:27:33] <tradermo> stop 17080
[12:27:39] <tradermo> not a great entry :(
[12:29:36] <@wrbtrader> Exit all Emini ES futures @ 2003.75 +0.50
[12:29:52] <@wrbtrader> WRB pt1 (shallow) reached
[12:31:47] <Tigerman__> sh iwm 116.92
[12:33:55] <Tigerman__> exit 1/2 116.84 iwm +8 tk
[12:42:26] <Tigerman__> exit all 116.85 iwm +7 tk
[12:44:57] <tradermo> exit all ym 17107
[12:44:59] <Tigerman__> sh iwm 116.82
[12:45:19] <tradermo> tf still weak
[12:50:35] <Tigerman__> exit 1/2 116.72 iwm +10 tk
[12:56:38] <Tigerman__> exit all iwm at 116.877 +5tk
[13:23:44] <lightenup> Sell YM @ 17099
[13:24:25] <lightenup> Flat YM @ 17097 +2
[13:25:04] <lightenup> Looking for stop run didn't happen
[13:37:41] <tradermo> long nq 4087
[13:38:18] <tradermo> stop 4076
[13:39:08] <tradermo> tf gap fill factored in
[13:48:37] <Tigerman__> sh iwm 116.63
[13:52:40] <Tigerman__> exit all iwm at 116.60 +3 tk
[13:54:55] <@wrbtrader> Shorts Emini TF @ 1172.10 -> small size
[13:55:20] <@wrbtrader> 2 contracts
[13:58:09] <@wrbtrader> Covered all Emini TF Short @ 1172.50 --> - 0.4
[13:58:51] <@wrbtrader> Shorts Emini TF @ 1172.30 -> medium size
[13:58:59] <@wrbtrader> 4 contracts
[13:59:09] <@wrbtrader> prior trade stop was just too tight
[14:00:06] <@wrbtrader> it had been placed near the S area of a recent small Down WRB Hidden GAP interval
[14:00:51] <@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
[14:02:38] <@wrbtrader> Russell index is flatening out more now :(
[14:07:27] <tradermo> stop to breakeven 4087
[14:07:44] <@wrbtrader> a lot of pressure now into the range of another Down WRB Hidden GAP interval
[14:07:46] <tradermo> exit all nq 4087
[14:08:09] <tradermo> spike got me
[14:08:33] <@wrbtrader> Shorts Emini TF @ 1172.60 -> Add
[14:09:00] <@wrbtrader> volatility slowly increasing
[14:18:33] <@wrbtrader> range getting tighter
[14:18:46] <@wrbtrader> now more contracting volatility
[14:19:58] <tradermo> there is also an unfinished tf gap fill which bothers me a bit
[14:22:26] <@wrbtrader> :(
[14:23:59] <@wrbtrader> Covered 1/2 Emini TF Short @ 1172.40 --> + 0.2
[14:24:25] <@wrbtrader> now it starts to move...punks :(
[14:29:40] <@wrbtrader> Covered Remainder Emini TF Short @ 1171.60 --> + 0.7
[14:30:01] <@wrbtrader> tough trade
[14:30:15] <@wrbtrader> WRB pt1 reached
[14:30:34] <tradermo> long nq 4086
[14:31:15] <tradermo> this will be a tough trade, hope is that es gapfill will fail
[14:32:03] <tradermo> stop 4075
[14:32:51] <Tigerman__> sh iwm 116.55
[14:33:03] <@wrbtrader> Shorts Emini TF @ 1171.20 -> medium size
[14:33:12] <@wrbtrader> 2+3 contracts
[14:33:27] <@wrbtrader> I smell a little blood
[14:33:37] <@wrbtrader> re-entry
[14:33:42] <Tigerman__> exit 1/2 116.5 +5tk
[14:35:36] <@wrbtrader> chance for a Down WRB Hidden GAP 5min chart if it can hold
[14:37:17] <@wrbtrader> at least it tried
[14:37:57] <tradermo> spy and iwm gaps filled now - lets see if this is enough for a reversal - dia almost
[14:40:22] <tradermo> es gap filled too
[14:40:47] <@wrbtrader> Emini TF futures now below the S area of the Down WRB Hidden GAP 5min chart
[14:40:55] <tradermo> stop to 4074
[14:41:05] <tradermo> to give a bit more room for tf gap
[14:41:20] <@wrbtrader> 1169.90 is the regular session GAP fill
[14:41:40] <tradermo> yes, tf gap still slightly open :(
[14:41:41] <@wrbtrader> doesn't look like I'll be able to catch it in this trade
[14:42:07] <Tigerman__> exit all iwm 116.45 +10tk
[14:43:36] <tradermo> stop to 4073
[14:43:40] <@wrbtrader> Covered all Emini TF Short @ 1170.50 --> + 0.7
[14:43:42] <tradermo> half nq gap
[14:43:47] <@wrbtrader> my patience just died
[14:44:06] <Tigerman__> yeah not easy hang on
[14:44:40] <Tigerman__> usually I get better result when distracted I able hang on longer :)
[14:45:11] <@wrbtrader> my average patience in a trade is around 3 minutes
[14:45:42] <@wrbtrader> Anything beyond that 3min tolerance level is a great accomplishment for me :)
[14:46:07] <@wrbtrader> because I hate contracting volatility
[14:46:29] <Tigerman__> yeah minutes seems never ending when we are insidea trade
[14:47:08] <tradermo> small guys running for the exit here
[14:48:28] <tradermo> exit all nq 4073
[14:48:43] <@wrbtrader> Emini TF futures just filled its regular session GAP
[14:48:57] <tradermo> to late for me :(
[14:55:58] <jkarn> Are you referring to the gap at 4:18-4:21am?
[14:58:53] <tradermo> for me i was referring to regular session gaps (yest close vs today open), not wrb hgs
[14:59:16] <@wrbtrader> jkarn...I said the "regular session GAP"
[14:59:27] <@wrbtrader> not a WRB Hidden GAP
[14:59:58] <@wrbtrader> Regular session gap = Close of yesterday versus the Open of today
[15:00:17] <@wrbtrader> regular session also means "no overnight data"
[15:03:36] <jkarn> Got it wrbtrader, hard to see that gap with overnight session data turned on.
[15:04:25] <@wrbtrader> Looks like a normal size regular session gap
[15:05:00] <@wrbtrader> Yesterday's close around 1169.90 and today's open around 1173.60
[15:52:23] <Tigerman__> take care all
Session Close: Thu Sep 04 19:58:29 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


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