Login    Forum    Search    FAQ

Post new topic Reply to topic Bookmark and Share  [ 1 post ] 
Author Message
 Post subject: October 10th Friday - Futures, Forex, Stocks and ETFs
 Post Posted: Fri Oct 10, 2014 12:27 pm 
Trader / Forum Admin

Joined: Tue Dec 16, 2008 1:02 am
Posts: 2608
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.

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

101014-Key-Price-Action-Markets.png [ 1.12 MiB | Viewed 74 times ]

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

Session Start: Fri Oct 10 09:29:34 2014
Session Ident: ##TheStrategyLab
[09:29:34] * Now talking in ##TheStrategyLab
[09:29:34] * 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'
[09:29:34] * Set by wrbtrader on Tue Feb 05 08:11:19
[09:29:37] ##TheStrategyLab url is http://www.thestrategylab.com/tsl/forum/
[09:30:36] <@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.
[09:33:41] <@wrbtrader> Shorts Emini TF @ 1058.50 -> large size
[09:34:13] <@wrbtrader> Covered all Emini TF Short @ 1058.30 --> + 0.2
[09:34:19] <@wrbtrader> :(
[09:34:36] <@wrbtrader> trailed my stop incorrectly :(
[09:34:37] <@wrbtrader> geeesh
[09:34:58] <@wrbtrader> Shorts Emini TF @ 1058.70 -> large size
[09:35:06] <@wrbtrader> re-entry
[09:36:56] <@wrbtrader> Covered all Emini TF Short @ 1060.30 --> - 1.6
[09:38:01] <@wrbtrader> Emini TF gap fill
[09:38:15] <@wrbtrader> Long Emini TF @ 1065.30 -> large size
[09:38:33] <@wrbtrader> That's a lot of volatility coming into the markets
[09:40:21] <@wrbtrader> Exited Emini TF Long @ 1070.00 --> + 4.7
[09:40:25] <@wrbtrader> Holding 1 contract remainder
[09:40:56] <@wrbtrader> WRB pt1 reached @ 1064.90
[09:41:17] <@wrbtrader> about 4 points ago
[09:41:18] <@wrbtrader> wow
[09:44:28] <@wrbtrader> That's now 3 consecutive trading days since the Wednesday 2pm est FED minutes in which we've had some very strong volatile price movements
[09:44:55] <@wrbtrader> Its been a long time since I've seen 3 consecutive trading days like this
[09:45:11] <tradermo> short iwm 106.75
[09:47:56] <@wrbtrader> Exited Remainder Emini TF Long @ 1068.30 --> + 3
[09:59:38] <tradermo> stop to breakeven 106.75
[10:09:54] <@wrbtrader> Shorts Emini TF @ 1061.10 -> large size
[10:10:25] <@wrbtrader> :(
[10:12:39] <@wrbtrader> I decided to use a wider stop than I normally do for trading in the "strange chop"...
[10:12:47] <@wrbtrader> so far not working too well :(
[10:13:02] <@wrbtrader> price action just moves fast and choppy
[10:14:46] <@wrbtrader> Covered 2/3 Emini TF Short @ 1059.20 --> + 1.9
[10:15:04] <@wrbtrader> Holding 3 contract remainders
[10:15:23] <@wrbtrader> WRB pt1 reached @ 1059.60
[10:15:28] <@wrbtrader> trailing @ profit
[10:15:45] <@wrbtrader> Covered Remainder Emini TF Short @ 1060.10 --> + 1
[10:15:51] <@wrbtrader> :(
[10:15:53] <@wrbtrader> geeesh
[10:15:57] <tradermo> instead of taking profit getting into a few iwm calls
[10:16:31] <@wrbtrader> Emini TF back above the S area of the big Up WRB Hidden GAP interval of 0937am est
[10:16:31] <tradermo> just in case we get a bigger snapback
[10:16:46] <@wrbtrader> S area @ 1060.70
[10:17:16] <@wrbtrader> Shorts Emini TF @ 1060.50 -> small size
[10:17:22] <@wrbtrader> 3 contracts
[10:20:21] <@wrbtrader> WRB pt1 reached @ 1057.30 but it moved to fast to grab...
[10:20:28] <@wrbtrader> May get a 2nd chance at it
[10:21:08] <@wrbtrader> Covered 2/3 Emini TF Short @ 1057.20 --> + 3.3
[10:21:15] <@wrbtrader> WRB pt1 reached
[10:21:37] <@wrbtrader> WRB pt2 reached
[10:21:52] <@wrbtrader> Covered Remainder Emini TF Short @ 1056.40 --> + 4.1
[10:22:33] <@wrbtrader> Price action moving fast but without that "strange chop"
[10:22:51] <@wrbtrader> in the past 5 minutes
[10:23:14] <@wrbtrader> Shorts Emini TF @ 1056.00 -> large size
[10:24:18] <@wrbtrader> starting to feel like that chop is trying to show up after the volatility spike
[10:24:33] <tradermo> adding a few more iwm calls to lock in partial profits
[10:25:11] <@wrbtrader> Covered 1/2 Emini TF Short @ 1055.00 --> + 1
[10:25:22] <@wrbtrader> not a WRB pt1 exit
[10:25:33] <@wrbtrader> just wanted to unload some
[10:25:42] <@wrbtrader> volatility spike again
[10:25:56] <@wrbtrader> WRB pt1 reached
[10:26:00] <@wrbtrader> still fast moving
[10:26:20] <@wrbtrader> Covered Emini TF Short @ 1053.00 --> + 3
[10:26:22] <@wrbtrader> Holding 2 contract remainders
[10:27:27] <@wrbtrader> Covered Remainder Emini TF Short @ 1053.80 --> + 2.2
[10:27:44] <@wrbtrader> just got another Short signal when that tighten trail got hit
[10:27:51] <@wrbtrader> will try to do another re-entry
[10:28:19] <@wrbtrader> bouncing all over the place
[10:28:31] <@wrbtrader> Shorts Emini TF @ 1053.60 -> small size
[10:28:42] <@wrbtrader> 2 contracts
[10:28:44] <@wrbtrader> re-entry
[10:32:20] <@wrbtrader> Covered all Emini TF Short @ 1052.70 --> + 0.9
[10:32:30] <@wrbtrader> :(
[10:32:36] <@wrbtrader> pick pocketed
[10:33:16] <@wrbtrader> at least the price action has "slowed" down enough to catch my breadth
[10:39:44] <@wrbtrader> IMF meetings all day today and G2 meetings all day PLUS the 2pm est FED Budget Balance
[10:39:53] <@wrbtrader> I think we
[10:40:05] <@wrbtrader> are still going to see some crazy fast moving price action today
[10:50:35] <@wrbtrader> chop is back :(
[10:51:00] <@wrbtrader> Long Emini TF @ 1057.60 -> small size
[10:51:20] <@wrbtrader> 3 contracts
[10:53:46] <@wrbtrader> Exited all Emini TF Long @ 1059.10 --> + 1.5
[10:53:56] <@wrbtrader> WRB pt1 reached
[11:05:51] <tradermo> adding iwm short 105.55
[11:06:02] <tradermo> now against iwm calls
[11:18:59] <@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
[11:20:22] <@wrbtrader> Nasdaq Slumps to Two-Month Low as Stocks Resume Selloff (bloomberg) @ http://www.bloomberg.com/news/2014-10-1 ... rowth.html
[11:22:11] <TradeSnake______> Short GC @ 1222.1
[11:24:18] <@wrbtrader> Emini TF futures snapback upwards
[11:47:44] <tradermo> adding to iwm short 105.77
[12:02:06] <@wrbtrader> Long Emini TF @ 1063.10 -> small size
[12:02:15] <@wrbtrader> 3 contracts
[12:02:59] <tradermo> adding to iwm short 106.12
[12:05:02] <@wrbtrader> WRB pt1 reached
[12:05:15] <tradermo> bulls need es 1924 to survive the day
[12:07:29] <@wrbtrader> Exited all Emini TF Long @ 1066.20 --> + 3.1
[12:08:58] <@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.
[12:09:31] <@wrbtrader> Good trading day although very stressful early in the trading day.
[12:09:45] <@wrbtrader> Take care all, have a nice weekend...see all next week
[12:10:44] <tradermo> yes, good weekend too
[12:12:14] <tradermo> adding to iwm short 106.47
[12:12:29] <tradermo> still below es 1924
[12:12:52] <tradermo> mostly locking in deltas from iwm calls
[12:14:32] <tradermo> adding 106.62
[12:15:01] <tradermo> now 1924, need to wait for reaction
[12:32:40] <tradermo> adding to iwm short 106.86
[12:39:15] <tradermo> some selling in tf, need to see if es 1924 can hold
[13:07:01] <tradermo> exit half iwm 106.04
[13:08:08] <tradermo> adding back higher if possible
[13:10:04] <tradermo> would like to see poke through es high first
[13:16:28] <tradermo> exit 1/3 of rem half 105.96
[13:17:59] <tradermo> exit half of rem 105.84
[14:41:28] <tradermo> exit rem iwm 105.51
[16:00:59] <TradeSnake______> Flat GC @ 1223.4 --> -1.3
Session Close:


##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
Go Back To TheStrategyLab.com Homepage

 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:  
Translated by Xaphos © 2007, 2008, 2009 phpBB.fr