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 Post subject: October 16th Thursday - Futures, Forex, Stocks and ETFs
 Post Posted: Thu Oct 16, 2014 10:31 am 
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Joined: Tue Dec 16, 2008 1:02 am
Posts: 2483
Location: Canada
Price Action Trading (no technical indicators)
Phone: +1 708 572-4885
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##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:
101614-Key-Price-Action-Markets.png
101614-Key-Price-Action-Markets.png [ 1.3 MiB | Viewed 69 times ]

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

Session Start: Thu Oct 16 09:22:59 2014
Session Ident: ##TheStrategyLab
[09:22:59] * Now talking in ##TheStrategyLab
[09:22:59] * 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'
[09:22:59] * Set by wrbtrader on Tue Feb 05 08:11:19
[09:23:00] ##TheStrategyLab url is http://www.thestrategylab.com/tsl/forum/
[09:23:33] <wrbtrader> Good morning all
[09:23:43] <MattyR> good morning
[09:23:50] <tradermo> gm, short iwm 105.33
[09:24:09] <jpan> gm
[09:24:40] <jpan> seems like its forming a bottom from yday lows
[09:26:45] <@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.
[09:28:17] <Tigerman__> gm all
[09:30:34] <tradermo> adding to iwm short 105.19
[09:32:51] <tradermo> adding 105.29
[09:33:33] <tradermo> exit 2/3 105.09
[09:33:40] <tradermo> only 1/3
[09:34:29] <@wrbtrader> Long Emini TF @ 1056.90 -> large size
[09:35:55] <tradermo> adding 105.60
[09:36:46] <Tigerman__> lg iwm 105.57
[09:36:50] <@wrbtrader> Exited 2/3 Emini TF Long @ 1061.50 --> + 4.6
[09:36:52] <@wrbtrader> Holding 3 contract remainders
[09:37:16] <Tigerman__> exit all 105.77 +10tk
[09:38:41] <@wrbtrader> Exited Emini TF Long @ 1062.50 --> + 5.6
[09:38:48] <@wrbtrader> Holding 1 contract remainder
[09:39:53] <jpan> 29.5l
[09:40:11] <jpan> medium
[09:40:20] <jpan> 45 tgt
[09:40:51] <@wrbtrader> Exited Remainder Emini TF Long @ 1065.20 --> + 8.3
[09:41:06] <jpan> 37.5 out 1
[09:41:06] <@wrbtrader> Emini TF regular session GAP fill
[09:42:20] <jpan> 36l add
[09:42:58] <tradermo> es 1841 - yesterdays key level
[09:43:12] <jpan> yep seems so
[09:44:26] <jpan> 29 add to improve cost
[09:44:57] <tradermo> adding 106.39
[09:45:57] <jpan> 20.5 out
[09:46:00] <jpan> try again later
[09:47:47] <tradermo> exit 1/5 106.08
[09:49:17] <jpan> 19.5l medium
[09:49:39] <tradermo> adding short 106.59
[09:49:57] <tradermo> adding 106.70
[09:50:27] <jpan> 27l add
[09:50:46] <tradermo> adding 106.85
[09:51:04] <@wrbtrader> I called it quits early yesterday...
[09:51:43] <@wrbtrader> Price rise this morning looks like the price rise after I left yesterday based upon yesterday's chart in comparison to this morning
[09:51:46] <jpan> biug bueyrs
[09:52:03] <jpan> big
[09:52:10] <jpan> 45 tgt now
[09:52:52] <jpan> 39.5 out 4
[09:52:56] <jpan> hoklding 6 left
[09:52:58] <@wrbtrader> In reference to the price rise yesterday between 1515pm est - 1540pm est
[09:54:28] <lightenup> KME 10:00 A.M. Philadelphia Fed Survery
[09:57:21] <jpan> 32l add
[09:57:25] <jpan> 2 cars
[09:59:02] <TradeSnake______> Long GC @ 1238.4
[09:59:37] <@wrbtrader> Long Emini TF @ 1069.60 -> medium size
[09:59:58] <@wrbtrader> 4 contracts
[10:00:16] <@wrbtrader> intuition
[10:01:02] <@wrbtrader> Exited all Emini TF Long @ 1069.70 --> + 0.1
[10:08:04] <@wrbtrader> Shorts Emini TF @ 1065.20 -> medium size
[10:08:22] <@wrbtrader> S area of the recent contracting volatility broke
[10:08:36] <tradermo> es 1837 important to keep bulls alive
[10:08:38] <@wrbtrader> 4 contracts
[10:09:42] <@wrbtrader> Covered all Emini TF Short @ 1067.70 --> - 2.5
[10:09:47] <@wrbtrader> snapback
[10:09:50] <jpan> almost got out
[10:09:51] <jpan> whew
[10:10:07] <@wrbtrader> Another great entry stolen back by that crazy chop
[10:10:08] <jpan> this is trend play, so stops larger than normal
[10:10:57] <jpan> 19 out
[10:11:04] <Tigerman__> sh 106.50
[10:11:34] <Tigerman__> exit all 45 +5 tk
[10:11:37] <Tigerman__> :(
[10:11:51] <@wrbtrader> Long Emini TF @ 1068.80 -> medium size
[10:11:59] <Tigerman__> woow fast snapback
[10:12:12] <@wrbtrader> 4 contracts
[10:12:16] <Tigerman__> and I tried to enter at 105.6 no fill
[10:12:20] <Tigerman__> too fast move
[10:16:02] <@wrbtrader> Exited all Emini TF Long @ 1067.30 --> - 1.5
[10:16:33] <Tigerman__> sh iwm 106.31
[10:16:38] <@wrbtrader> Shorts Emini TF @ 1065.10 -> large size
[10:16:47] <@wrbtrader> back below that prior S area
[10:17:00] <tradermo> exit 1/7 iwm 106.09
[10:17:16] <@wrbtrader> I got nailed for a big loss on a simimlar like trade as this one in the same area
[10:17:24] <@wrbtrader> WRB pt1 reached
[10:17:54] <Tigerman__> exit all iwm 106.01 +30 tk
[10:18:07] <@wrbtrader> Covered 2/3 Emini TF Short @ 1061.40 --> + 3.7
[10:18:07] <Tigerman__> wow I was scared to enter
[10:18:12] <tradermo> exit 1/5 105.82
[10:18:25] <Tigerman__> but not scaled out :(
[10:18:27] <@wrbtrader> That prior loss on the Short was trade management error
[10:18:57] <@wrbtrader> It was at a WRB pt1 but it moved too fast for me to lock in the profit and before I could adjust my trail
[10:19:31] <@wrbtrader> Covered Remainder Emini TF Short @ 1064.50 --> + 0.6
[10:19:40] <@wrbtrader> price action still fast
[10:19:55] <tradermo> tf doing really well in this market, just as yesterday
[10:20:07] <Tigerman__> yeah price like a snake
[10:20:31] <@wrbtrader> more like a poisonous snake
[10:21:03] <@wrbtrader> If we survive these bites...we'll eventually adapt and get use to this type of price action if it continues
[10:21:27] <@wrbtrader> VIX doesn't stay at high levels too long
[10:21:41] <@wrbtrader> It either comes down fast or has a slow decline
[10:21:42] <tradermo> adding iwm short 106.53
[10:21:57] <@wrbtrader> Long Emini TF @ 1068.80 -> large size
[10:22:09] <tradermo> adding 106.81
[10:22:10] <@wrbtrader> 6 contracts
[10:22:21] <@wrbtrader> wow
[10:22:26] <tradermo> adding 107.11
[10:22:28] <@wrbtrader> volatility spike
[10:22:38] <@wrbtrader> scary
[10:22:55] <jimfenster> must be news
[10:23:01] <tradermo> adding 107.26
[10:23:17] <tradermo> adding 107.46
[10:23:21] <Tigerman__> wowww
[10:23:37] <jpan> 37.5l add
[10:23:40] <jpan> large
[10:23:51] <@wrbtrader> Exited 2/3 Emini TF Long @ 1076.50 --> + 7.7
[10:25:02] <tradermo> exit 1/10 iwm 107.05
[10:25:20] <@wrbtrader> All of my data from 3 sources froze above 1077.00
[10:25:36] <tradermo> exit 1/9 106.71
[10:25:37] <@wrbtrader> then it open its next tick @ 1075
[10:26:10] <@wrbtrader> Exited Remainder Emini TF Long @ 1071.50 --> + 2.7
[10:26:24] <tradermo> exit 1/7 106.51
[10:26:26] <jimfenster> wow retraced everthing
[10:26:31] <@wrbtrader> If we keep getting price action like this for another 1 - 2 weeks...
[10:26:34] <tradermo> strnage fills :)
[10:26:38] <jimfenster> at Support of WRBHG
[10:27:13] <@wrbtrader> Eventually the exchanges will take a closer look at to what's going on to determine if there's something "illegal" occurring
[10:27:24] <@wrbtrader> right now...I don't think they care
[10:28:59] <Tigerman__> yesterday seems was not enought liquidity at start
[10:29:00] <@wrbtrader> Last time I had all my data sources freeze like this was soon after the markets "reopen" after 911
[10:29:02] <tradermo> adding to iwm short 106.85
[10:29:43] <Tigerman__> I see more strange things in US market vs Eu Dax
[10:30:23] <@wrbtrader> something news related occur
[10:30:49] <@wrbtrader> because there was a huge volatility spike in the currencies like GBPUSD and EURUSD forex
[10:31:05] <jimfenster> they arent reporting anything yet
[10:31:25] <@wrbtrader> Gold GC futures had spiked too
[10:31:33] <@wrbtrader> upwards
[10:32:09] <Tigerman__> Fed says should consider delay in stop QE
[10:32:24] <Tigerman__> in Bloomberg
[10:32:32] <jimfenster> ah
[10:32:34] <jimfenster> of course
[10:32:38] <jimfenster> to the rescue
[10:32:48] <Tigerman__> simply No QQE no part :)
[10:33:00] <Tigerman__> no party
[10:33:34] <jimfenster> qe forever
[10:33:39] <tradermo> adding to iwm short 107.09
[10:33:40] <@wrbtrader> Long Emini TF @ 1074.00 -> medium size
[10:33:47] <@wrbtrader> 4 contracts
[10:34:01] <jimfenster> that must be it for downmove
[10:34:12] <jimfenster> since fed was reason for drop
[10:34:22] <tradermo> adding 107.19
[10:35:12] <Tigerman__> lg iwm 107.10
[10:36:00] <tradermo> adding 107.38
[10:36:15] <Tigerman__> exit all 107.27 +17 tk
[10:36:23] <@wrbtrader> Exited all Emini TF Long @ 1077.20 --> + 3.2
[10:36:25] <Tigerman__> scare to hang more
[10:36:34] <@wrbtrader> WRB pt1 reached
[10:36:51] <tradermo> exit 1/11 iwm 106.91
[10:38:08] <@wrbtrader> lowering my position size again
[10:38:27] <@wrbtrader> The price movements is just too crazy
[10:38:27] <tradermo> exit 1/10 iwm 06.83
[10:39:30] <tradermo> tf would like to go higher but other eminis holding it back :(
[10:41:04] <tradermo> adding iwm 107.22
[10:43:21] <tradermo> big guys buying against small guys
[10:46:55] <tradermo> adding to iwm short 107.25
[10:47:46] <@wrbtrader> Long Emini TF @ 1076.70 -> small size
[10:47:57] <@wrbtrader> 2 contracts
[10:48:19] <@wrbtrader> snapback :(
[10:48:39] <@wrbtrader> Exited all Emini TF Long @ 1075.10 --> - 1.6
[10:48:45] <@wrbtrader> geeesh
[10:48:57] <@wrbtrader> Long Emini TF @ 1075.50 -> small size
[10:49:05] <@wrbtrader> 2 contracts
[10:49:19] <@wrbtrader> I'm learning to jump right back on after a snapback
[10:49:28] <@wrbtrader> re-entry
[10:49:42] <Tigerman__> lg iwm 107.32
[10:49:43] <@wrbtrader> WRB pt1 reached
[10:49:52] <tradermo> adding to iwm short 107.49
[10:50:16] <Tigerman__> ex 1/2 50 +18
[10:50:23] <@wrbtrader> Exited all Emini TF Long @ 1077.70 --> + 2.2
[10:51:35] <@wrbtrader> If this can snapback again...I'll jump back on
[10:51:49] <tradermo> adding to iwm short 107.64
[10:51:49] <@wrbtrader> too late...not doing it
[10:52:15] <Tigerman__> exit all iwm rem 107.62 +30 tk
[10:52:52] <tradermo> adding 107.79
[10:53:19] <Tigerman__> low volatility lasted too long I m not used to this volatility
[10:53:30] <@wrbtrader> Long Emini TF @ 1081.20 -> small size
[10:53:38] <@wrbtrader> 3 contracts
[10:53:40] <Tigerman__> but it is the honey of traders
[10:54:07] <@wrbtrader> :(
[10:54:26] <@wrbtrader> Exited all Emini TF Long @ 1080.20 --> - 1
[10:54:59] <@wrbtrader> Long Emini TF @ 1079.50 -> small size
[10:55:06] <Tigerman__> lg iwm 107.63
[10:55:06] <@wrbtrader> 3 contracts
[10:55:09] <@wrbtrader> re-entry
[10:55:51] <@wrbtrader> VIX down to 26
[10:56:25] <@wrbtrader> Exited all Emini TF Long @ 1079.30 --> - 0.2
[10:56:38] <Tigerman__> exoit all 60 -3 tk
[10:56:55] <Tigerman__> not able set my trail
[10:57:16] <@wrbtrader> Long Emini TF @ 1077.50 -> small size
[10:57:54] <@wrbtrader> Exited all Emini TF Long @ 1076.70 --> - 0.8
[10:58:38] <tradermo> exit 1/14 iwm 107.32
[10:58:53] <@wrbtrader> Shorts Emini TF @ 1076.30 -> small size
[10:59:14] <@wrbtrader> 3 contracts
[11:00:22] <tradermo> exit 1/13 iwm 107.21
[11:01:59] <tradermo> exit 1/12 107.02
[11:02:16] <@wrbtrader> Covered all Emini TF Short @ 1073.60 --> + 2.7
[11:02:31] <tradermo> exit 1/11 107.01
[11:02:55] <@wrbtrader> one trade error in those recent 3 trades
[11:03:11] <@wrbtrader> The long position for a -0.2 was an error
[11:03:17] <@wrbtrader> reason why I dumped it fast
[11:03:48] <@wrbtrader> Meant...as soon as I realized there was NO trade signal and that I saw something that really wasn't there...I dumped it
[11:04:15] <tradermo> sadly tf seems to be loosing steam
[11:05:16] <@wrbtrader> don't worry...that crazy volatility will show up soon
[11:05:28] <@wrbtrader> Its been the Theme for about 10 trading days now
[11:05:54] <tradermo> ok, will rely on you :)
[11:06:17] <@wrbtrader> As soon as I see its contracting...that strange volatility shows up fast
[11:06:30] <@wrbtrader> TF contracting now in its volatility
[11:07:11] <tradermo> yes, i dont care about direction as long as its not stuck wasting my theta
[11:07:20] <@wrbtrader> agree
[11:09:01] <@wrbtrader> Long Emini TF @ 1073.90 -> small size
[11:09:14] <@wrbtrader> 3 contracts
[11:09:25] <@wrbtrader> intuition trade
[11:11:32] <@wrbtrader> :(
[11:12:00] <@wrbtrader> Its moving
[11:12:40] <@wrbtrader> It it can hit 1076.00, I'll take a lunch break if I can get a WRB pt1 above that price
[11:13:11] <tradermo> adding to iwm short 107.35
[11:13:20] <@wrbtrader> Exited all Emini TF Long @ 1076.40 --> + 2.5
[11:13:30] <@wrbtrader> WRB pt1 reached
[11:19:03] <tradermo> adding 107.45
[11:22:18] <tradermo> adding 107.59
[11:23:08] <@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
[11:23:14] <tradermo> adding 107.73
[11:27:43] <tradermo> exit 2/14 107.29
[11:28:47] <tradermo> adding to iwm short 107.55
[11:31:30] <tradermo> adding 107.69
[11:31:46] <tradermo> now it be be decided if we get a trend day
[11:32:14] <tradermo> super smooth buying by big guys so far
[11:34:10] <tradermo> exit 2/14 iwm 107.32
[11:35:25] <tradermo> exit 1/11 107.20
[11:36:09] <tradermo> exit 1/10 107.05
[11:43:26] <tradermo> adding to iwm short 107.29
[11:44:43] <tradermo> exit 1/11 107.30
[11:46:14] <tradermo> made quite a few order entry errors today but got extra profits from them :)
[11:48:39] <tradermo> now letting market decide if it wants to trend or not
[11:53:19] <@wrbtrader> Shorts Emini TF @ 1071.10 -> small size
[11:53:25] <@wrbtrader> 1 contracts
[11:53:28] <@wrbtrader> poort entry
[11:55:40] <@wrbtrader> Covered Emini TF Short @ 1068.80 --> + 2.3
[11:57:28] <tradermo> exit 3/10 iwm 106.71
[11:57:46] <tradermo> missed lower exit
[11:58:57] <@wrbtrader> Shorts Emini TF @ 1071.10 -> small size
[11:59:04] <@wrbtrader> 1 contract
[11:59:08] <@wrbtrader> re-entry
[11:59:51] <@wrbtrader> Covered Emini TF Short @ 1072.10 --> - 1
[12:00:34] <@wrbtrader> Shorts Emini TF @ 1071.20 -> small size
[12:00:43] <@wrbtrader> re-entry
[12:00:46] <@wrbtrader> 1 contract
[12:04:05] <@wrbtrader> range price action
[12:04:51] <tradermo> exit 1/7 106.53
[12:04:56] <@wrbtrader> WRB pt1 reached
[12:05:52] <@wrbtrader> Covered Emini TF Short @ 1070.10 --> + 1.1
[12:10:52] <@wrbtrader> Long Emini TF @ 1072.00 -> small size
[12:11:03] <@wrbtrader> 1 contract
[12:12:15] <@wrbtrader> U.S. 2-Year Yield Rises From 17-Month Low on Bullard QE Comment (bloomberg) @ http://www.bloomberg.com/news/2014-10-1 ... fight.html
[12:12:34] <@wrbtrader> Exited Emini TF Long @ 1070.60 --> - 1.4
[12:12:52] <@wrbtrader> Long Emini TF @ 1071.70 -> small size
[12:12:58] <@wrbtrader> 1 contract
[12:13:00] <@wrbtrader> re-entry
[12:13:13] <@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.
[12:14:51] <Tigerman__> take care all see next time
[12:17:29] <@wrbtrader> Exited Emini TF Long @ 1073.10 --> + 1.4
[12:17:46] <@wrbtrader> I'm just churning now :(
[12:27:06] <@wrbtrader> Dark Pools Said to Rebuff Orders Amid U.S. Volume Surge (bloomberg) @ http://www.bloomberg.com/news/2014-10-1 ... surge.html
[12:27:08] <tradermo> adding to iwm short 107.22
[12:28:31] <@wrbtrader> Anybody that traded during the high volatile 1990's should remember the crazy volatility back then...
[12:28:55] <@wrbtrader> I traded heavily during those times and have well documented it
[12:29:16] <@wrbtrader> Anyways, that bloomberg article said something that shocked me...
[12:29:36] <@wrbtrader> "Volume yesterday was several times greater than the busiest days during the 1990s technology bubble."
[12:29:55] <@wrbtrader> That's incredible info about yesterday's price action
[12:35:01] <@wrbtrader> World Economy Gives Investors Growth Scare as They Look to U.S. (bloomberg) @ http://www.bloomberg.com/news/2014-10-1 ... -u-s-.html
[12:35:01] <tradermo> if we stay above 1844 trend day still possible with target = yesterdays es gap
[12:42:50] <tradermo> adding iwm short 107.49
[12:46:23] <tradermo> letting remaining deltas run a bit for possible trend
[12:50:44] <@wrbtrader> Long Emini TF @ 1079.70 -> small size
[12:50:55] <@wrbtrader> 1 contract
[12:53:46] <@wrbtrader> Exited Emini TF Long @ 1079.90 --> + 0.2
[12:59:12] <tradermo> adding 107.83
[12:59:44] <tradermo> thinking we need big guys back from lunch to go to 1875
[13:01:10] <tradermo> adding 107.95
[13:01:20] <jimfenster> spy positive
[13:01:59] <tradermo> adding 107.98
[13:02:34] <tradermo> adding 108.09
[13:03:15] <tradermo> adding 108.19
[13:06:34] <jimfenster> crude spiked
[13:12:21] <tradermo> exit all iwm 108.08
[13:12:33] <tradermo> exited all iwm calls
[13:12:56] <tradermo> some strange halt in options
[13:12:59] <@wrbtrader> Long Emini TF @ 1085.70 -> medium size
[13:13:11] <tradermo> i prefer to get out in case of technical problems
[13:13:41] <t4n> these must be emotional days lately in the market
[13:13:42] <tradermo> its a bit sad though
[13:13:53] <@wrbtrader> :(
[13:16:04] <tradermo> big guys continue to buy although they are supposed to be at lunch
[13:16:38] <@wrbtrader> :(
[13:16:46] <@wrbtrader> no fill and then a snap back
[13:18:02] <tradermo> hm, option halt seems resolve now
[13:21:33] <@wrbtrader> Exited all Emini TF Long @ 1085.20 --> - 0.5
[13:22:19] <t4n> alot of stocks arent making the higher high like the russel
[13:23:49] <@wrbtrader> Long Emini TF @ 1085.00 -> medium size
[13:23:57] <@wrbtrader> 2+2 contracts
[13:23:59] <@wrbtrader> re-entry
[13:24:24] <@wrbtrader> I had a few strange "no fills" on the prior trade while at profit
[13:26:54] <@wrbtrader> Exited all Emini TF Long @ 1086.80 --> + 1.8
[13:26:58] <@wrbtrader> WRB pt1 reached
[13:29:12] <tradermo> scaling into a few qqq puts on the way to 1875
[15:16:21] <@wrbtrader> Very calm in the markets and quiet in here
[15:16:42] <@wrbtrader> Take care all and see all tomorrow...I'm expecting a barn burner tomorrow
Session Close: Thu Oct 16 18:16:23 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 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
intradaystrategies@yahoo.com
questions@thestrategylab.com
Go Back To TheStrategyLab.com Homepage


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