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 Post subject: September 22nd Monday - Futures, Forex, Stocks and ETFs
 Post Posted: Sat Sep 27, 2014 8:54 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:
092214-Key-Price-Action-Markets.png
092214-Key-Price-Action-Markets.png [ 1.58 MiB | Viewed 274 times ]

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

Session Start: Mon Sep 22 07:24:27 2014
Session Ident: ##TheStrategyLab
[07:24:27] * Now talking in ##TheStrategyLab
[07:24:27] * 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'
[07:24:27] * Set by wrbtrader on Tue Feb 05 08:11:19
[07:24:27] ##TheStrategyLab url is http://www.thestrategylab.com/tsl/forum/
[09:11:12] <jimfenster> mornin
[09:13:40] <wrbtrader> Hi Jim...good morning all. Be back in a few minutes...need to do a reboot
[09:27:26] * Now talking in ##TheStrategyLab
[09:27:26] * 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'
[09:27:26] * Set by wrbtrader on Tue Feb 05 08:11:19
[09:27:26] ##TheStrategyLab url is http://www.thestrategylab.com/tsl/forum/
[09:35:37] <wrbtrader> Shorts Emini TF @ 1132.30 -> large size
[09:35:41] <jpan> 80.75s nq
[09:39:47] <wrbtrader> Covered Emini TF Short @ 1129.20 --> + 3.1
[09:39:49] <wrbtrader> Holding 2 contract remainders
[09:40:19] <wrbtrader> initial position 6 contracts
[09:40:44] <wrbtrader> WRB pt1 reached @ 1130.60
[09:40:54] <jpan> exit 74 half
[09:40:57] <wrbtrader> Its also the current location of my trail stop
[09:42:51] <jpan> final target 68.75
[09:44:33] <wrbtrader> Covered Emini TF Short @ 1127.80 --> + 4.5
[09:44:36] <wrbtrader> Holding 1 contract remainder
[09:45:12] <wrbtrader> WRB pt2 reached @ 1128.70
[09:45:28] <wrbtrader> Covered Remainder Emini TF Short @ 1127.80 --> + 4.5
[09:47:22] <wrbtrader> U.S. Stocks Decline as China Damps Stimulus Optimism (Bloomberg) @ http://www.bloomberg.com/news/2014-09-2 ... -bets.html
[09:48:41] <wrbtrader> Market context so far is China
[09:48:51] <wrbtrader> economic stimulas
[09:49:17] <wrbtrader> That context should change soon when we hit the U.S. 1000am est KME
[09:49:53] <wrbtrader> along with the Europe Consumer Confidence KME @ 1000am est
[09:53:07] <jpan> 75.75s add
[10:00:40] <jpan> we should break here
[10:00:43] <jpan> otherwise im out
[10:01:33] <jpan> 72 out half
[10:02:29] <jpan> 68.75 target hit all out
[10:02:33] <wrbtrader> Shorts Emini TF @ 1128.60 -> medium size
[10:02:41] <wrbtrader> jumpy price action
[10:02:46] <wrbtrader> 4 contracts
[10:02:54] <jpan> yea
[10:03:14] <wrbtrader> Covered all Emini TF Short @ 1129.40 --> - 0.8
[10:03:15] <jpan> u got some large size longs and many small-med shorts
[10:03:55] <wrbtrader> Shorts Emini TF @ 1130.10 -> medium size
[10:04:01] <wrbtrader> re-entry
[10:04:05] <wrbtrader> 4 contracts
[10:05:06] <jpan> dont 100% trust this PA for a breakdown
[10:05:24] <wrbtrader> Covered all Emini TF Short @ 1129.60 --> + 0.5
[10:05:33] <jpan> coming back too much to let longs exit, no traps or pain for longs
[10:06:55] <wrbtrader> Shorts Emini TF @ 1130.70 -> medium size
[10:07:01] <wrbtrader> 4 contracts
[10:07:04] <wrbtrader> re-entry
[10:07:28] <wrbtrader> Covered all Emini TF Short @ 1131.50 --> - 0.8
[10:07:49] <jpan> tape buyers stepping in
[10:07:51] <wrbtrader> TF back inside the range of the initial Down WRB Hidden GAP
[10:08:25] <jpan> its filled my H.G here
[10:08:25] <wrbtrader> Shorts Emini TF @ 1132.20 -> medium size
[10:08:37] <wrbtrader> 4 contracts
[10:10:43] <jpan> created a up HG on my 1000t NQ
[10:11:01] <wrbtrader> R area retest of the same Down WRB Hidden GAP
[10:11:33] <wrbtrader> Covered all Emini TF Short @ 1132.70 --> - 0.5
[10:12:10] <wrbtrader> Big Down WRBHG followed by lots of chop and then a big Up WRB HG
[10:12:27] <wrbtrader> Essentially...back where it started
[10:12:49] <jpan> 76.25l nq
[10:13:07] <jpan> 1 car
[10:14:05] <jpan> 78.25 exit +2
[10:16:44] <wrbtrader> Shorts Emini TF @ 1130.80 -> large size
[10:16:55] <jpan> UP HG filled
[10:17:09] <wrbtrader> not sure what's up with all the chop
[10:18:26] <jpan> 70.5s limit
[10:18:59] <jpan> might not fill me
[10:19:32] <wrbtrader> geeesh :(
[10:20:21] <jpan> oh well
[10:20:48] <wrbtrader> Covered Emini TF Short @ 1128.30 --> + 2.5
[10:20:59] <wrbtrader> WRB pt2 reached
[10:26:04] <jpan> reacted too slow, shouldve went market short instead
[10:26:09] <tradermo> long ym 17155
[10:27:53] <jpan> NQ is alot more trendy today than TF
[10:28:34] <tradermo> stop 17127
[10:32:33] <jpan> @ S2 here, the earlier PA was choppy then that pop was to reset/trick longs in, then quick breakdown for the pain move
[10:37:35] <tradermo> keeping ym stop at 17127 - hoping for bounce to es 2003 - back later
[10:56:54] <wrbtrader> I just got back after a small rest
[10:57:22] <wrbtrader> TF down another 5 points since my last trade
[10:57:52] <wrbtrader> Shorts Emini TF @ 1123.10 -> small size
[10:58:00] <wrbtrader> 1 contract
[10:59:10] <wrbtrader> Covered Emini TF Short @ 1123.70 --> - 0.6
[11:15:37] <wrbtrader> Shorts Emini TF @ 1123.20 -> small size
[11:15:43] <wrbtrader> 2 contracts
[11:17:18] <wrbtrader> Covered all Emini TF Short @ 1122.10 --> + 1.1
[11:17:20] <wrbtrader> WRB pt1 reached
[11:19:45] <jpan> wish i got some of this big shorts even with the WRBs, its just intimidating to go short after a long extension
[11:20:10] <jpan> def wont go long tho
[11:20:50] <wrbtrader> jpan...you saying you're getting Short signals and you've been ignoring them ???
[11:21:34] <jpan> does papershort count? lol
[11:21:49] <jpan> still acclaimating to the WRBs
[11:21:56] <wrbtrader> Was that a trade signal to Short ???
[11:22:32] <wrbtrader> There must be a reason for ignoring Short signals if you're getting signals to Short the price action.
[11:22:47] <jpan> 7:30 pst, 2min WRB, took a papershort
[11:23:07] <wrbtrader> Ok...so you're getting signals to Short the price action
[11:23:26] <jpan> yea, just didnt take the short with real money
[11:24:04] <jpan> since im still learning and acclaimating, but overall i see your WRBs working
[11:24:24] <jpan> just need to subconsiosuly take it all in
[11:26:40] <jpan> i didnt take that short cause its too far extended near the S2 pivot.. and dont want it to bounce back at me
[11:27:36] <jpan> but it worked out, so lesson learned lol
[11:37:03] <tradermo> short iwm 112.50
[11:37:38] <tradermo> previous ym trade stopped out
[11:47:12] <tradermo> stop to breakeven 112.50
[11:47:35] <TradeSnake_____> Short GC @ 1216.3
[11:49:36] <tradermo> exit half iwm 112.34
[11:49:52] <wrbtrader> Shorts Emini TF @ 1123.10 -> small size
[11:50:01] <wrbtrader> 3 contracts
[11:50:02] <tradermo> exit rem iwm 112.28
[11:50:08] <wrbtrader> re-entry
[11:51:13] <wrbtrader> :(
[11:51:43] <tradermo> tf not as weak as it should be :(
[11:53:26] <wrbtrader> Covered all Emini TF Short @ 1122.50 --> + 0.6
[11:53:37] <wrbtrader> my lucky trade of the day
[11:53:54] <wrbtrader> On that note...I'll take a mental rest...be back later
[11:54:31] <tradermo> long ym 17119
[11:55:13] <tradermo> stop 17094
[12:00:04] <TradeSnake_____> Flat GC @ 1220.3 --> -4.0
[12:23:29] <tradermo> exit all ym 17121
[12:24:46] <tradermo> ym still to weak
[12:49:54] <Willoughby_> What time frames are people looking at here? I've never tried anything less than 5min bars and for me
[12:50:10] <Willoughby_> 2 to 3 trades in a day is pretty hectic stuff.
[13:05:00] <wrbtrader> willoughby...I use 15min, 5min, 3min, 2min and 1min time frames
[13:05:16] <wrbtrader> I have all charts up so that I can see them at the same time.
[13:05:33] <wrbtrader> If I just use one time frame only...I don't get that many trade signals
[13:06:03] <wrbtrader> That's the primary reason why I use different time frames
[13:06:59] <wrbtrader> Also, if I want to slow down my trading...I'll just use one time frame only
[13:31:31] <tradermo> short iwm 112.49
[13:33:14] <tradermo> stop 112.99
[13:38:42] <tradermo> stop to breakeven 112.49
[13:50:30] <tradermo> exit all iwm 112.49
[14:04:45] <tradermo> long iwm 112.33
[14:05:43] <tradermo> long iwm will be converted potentially into calls at lower prices
[14:50:53] <lightenup> Sold Dow 17100
[14:51:35] <tradermo> stop to breakeven 112.33
[14:51:41] <lightenup> Flat Dow 17096 +4
[15:09:31] <tradermo> exit half iwm 112.52
[15:16:34] <tradermo> exit rem iwm 112.43
[15:22:05] <wrbtrader> Long Emini TF @ 1124.10 -> small size
[15:22:11] <wrbtrader> 1 contract
[15:25:56] <wrbtrader> Exited Emini TF Long @ 1124.50 --> + 0.4
[15:26:06] <wrbtrader> Take care all and see all tomorrow
[15:26:49] <jimfenster> see ya
Session Close: Mon Sep 22 20:09:39 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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