Login    Forum    Search    FAQ



Post new topic Reply to topic Bookmark and Share  [ 1 post ] 
Author Message
 Post subject: November 5th Wednesday - Futures, Forex, Stocks and ETFs
 Post Posted: Thu Nov 06, 2014 8:51 pm 
Offline
Trader / Forum Admin

Joined: Tue Dec 16, 2008 1:02 am
Posts: 2741
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:
110514-Key-Price-Action-Markets.png
110514-Key-Price-Action-Markets.png [ 1.1 MiB | Viewed 79 times ]

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

Session Start: Wed Nov 05 09:18:26 2014
Session Ident: ##TheStrategyLab
[09:18:26] * Now talking in ##TheStrategyLab
[09:18:26] * 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'
[09:18:26] * Set by wrbtrader on Tue Feb 05 08:11:19
[09:18:26] ##TheStrategyLab url is http://www.thestrategylab.com/tsl/forum/
[09:24:54] <@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.
[09:29:53] <@wrbtrader> FYI - Learn (make note of it)...today's market reaction is a known "market tendency" involving political elections in the U.S.
[09:30:44] <@wrbtrader> Simply, market tendencies are a key aspect of price movements. Thus, don't be fooled and think you can trade solely via technical analysis.
[09:32:59] <Cayden> Good Morning
[09:39:11] <@wrbtrader> Emini TF futures trying hard to get some legs to stand up on
[09:39:38] <@wrbtrader> Shorts Emini TF @ 1167.20 -> medium size
[09:39:46] <@wrbtrader> 4 contracts
[09:40:37] <jpan> 371l
[09:41:28] <Cayden> 10 am east U.S. KME Top of the hour
[09:41:56] <@wrbtrader> Covered all Emini TF Short @ 1166.40 --> + 0.8
[09:43:35] <jpan> 68 out
[09:43:38] <@wrbtrader> Shorts Emini TF @ 1165.20 -> medium size
[09:43:54] <@wrbtrader> re-entry
[09:44:17] <@wrbtrader> snap back but late...I needed an entry around 1165.90
[09:45:01] <Cayden> 62.3- yesterdays close and reg session gap fill on tf
[09:45:02] <@wrbtrader> now due to the chaser...I have no wiggle room to manage this trade properly
[09:47:29] <jpan> 68 long
[09:47:55] <@wrbtrader> Covered all Emini TF Short @ 1166.10 --> - 0.9
[09:48:27] <jpan> 74 out
[09:49:23] <jpan> dont want to get greedy, too many down WRB HG
[09:49:45] <jpan> and resistances
[09:49:54] <@wrbtrader> Shorts Emini TF @ 1163.90 -> medium size
[09:50:20] <@wrbtrader> re-entry
[09:52:06] <@wrbtrader> Covered all Emini TF Short @ 1165.50 --> - 1.6
[09:52:48] <@wrbtrader> Shorts Emini TF @ 1166.10 -> medium size
[09:52:57] <@wrbtrader> 4 contracts re-entry
[09:54:07] <jpan> 67s
[09:55:07] <jpan> 72 out
[09:55:09] <@wrbtrader> Covered all Emini TF Short @ 1166.10 --> 0
[09:57:55] <jpan> 66l
[09:59:56] <jpan> 58 out
[10:00:06] <@wrbtrader> Shorts Emini TF @ 1165.20 -> medium size
[10:00:14] <@wrbtrader> 4 contracts
[10:00:20] <@wrbtrader> choppy like crazy :(
[10:01:13] <tradermo________> long iwm 116.00
[10:02:05] <@wrbtrader> wow
[10:02:11] <@wrbtrader> all over the place
[10:03:07] <Cayden> US KME bottom of the hour- crude oil
[10:03:53] <@wrbtrader> Covered all Emini TF Short @ 1166.60 --> - 1.4
[10:04:59] <tradermo________> stop to breakeven 116.00
[10:12:40] <tradermo________> exit half iwm 116.44
[10:14:22] <jpan> 71s
[10:16:45] <jpan> 74 stop
[10:26:30] <tradermo________> keeping stop on rem 116.00 - back later
[10:34:01] <@wrbtrader> Shorts Emini TF @ 1165.10 -> medium size
[10:36:05] <@wrbtrader> something odd about this 1165.00 price area
[10:38:53] <@wrbtrader> Covered all Emini TF Short @ 1166.00 --> - 0.9
[10:48:51] <@wrbtrader> Long Emini TF @ 1167.90 -> medium size
[10:48:59] <@wrbtrader> 4 contracts
[10:51:23] <@wrbtrader> Exited all Emini TF Long @ 1168..30 --> + 1168..30 - 1167.90
[10:51:39] <tradermo________> stopped on all rem iwm 116.00
[10:51:49] <@wrbtrader> Exited all Emini TF Long @ 1168.30 --> + 0.4
[10:52:26] <@wrbtrader> price action just feels like its just bouncing around to probe for stops before making a move (volatility spike) Up or Down
[10:52:34] <tradermo________> stop was slightly too tight :(
[10:56:44] <@wrbtrader> Shorts Emini TF @ 1167.00 -> medium size
[10:56:59] <@wrbtrader> 4 contracts
[10:57:02] <@wrbtrader> intuition
[10:59:37] <@wrbtrader> Covered all Emini TF Short @ 1168.30 --> - 1.3
[10:59:52] <tradermo________> short iwm 116.40
[11:01:18] <@wrbtrader> Long Emini TF @ 1169.10 -> medium size
[11:01:59] <@wrbtrader> been afraid all day in going Long above any recent reaction points until a new intraday high as been made
[11:02:57] <@wrbtrader> Thus, I'm still waiting for a price action above 1172.50 before pushing some large size positions
[11:03:45] <@wrbtrader> Just the same...waiting for anything below 1163.00 to push some large size positions
[11:03:55] <t4n> CL climbing after initial drop
[11:05:43] <@wrbtrader> Exited all Emini TF Long @ 1169.40 --> + 0.3
[11:06:07] <@wrbtrader> was looking good until that choppy stop grabbing chop showed up again
[11:18:01] <@wrbtrader> Shorts Emini TF @ 1168.30 -> medium size
[11:18:09] <@wrbtrader> 4 contracts
[11:18:25] <tradermo________> stop to 116.56
[11:24:55] <tradermo________> exit all half iwm 116.13
[11:25:04] <tradermo________> stop to breakeven on rem 116.40
[11:26:26] <@wrbtrader> Covered all Emini TF Short @ 1166.80 --> + 1.5
[11:29:21] <@wrbtrader> Shorts Emini TF @ 1166.80 -> large size
[11:29:30] <@wrbtrader> 4+2 contracts
[11:29:33] <@wrbtrader> re-entry
[11:29:48] <@wrbtrader> I'm starting to smell some blood now
[11:30:13] <@wrbtrader> Price action has been kicking my butt for most of the trading day now...
[11:30:25] <@wrbtrader> its my turn now
[11:30:56] <@wrbtrader> WRB pt1 (shallow) reached
[11:31:00] <@wrbtrader> :(
[11:31:09] <@wrbtrader> was looking for something bigger and with more volatility
[11:31:42] <@wrbtrader> will try to hold a little longer...volatility may show up delayed
[11:32:26] <@wrbtrader> Covered 1/2 Emini TF Short @ 1166.30 --> + 0.5
[11:33:00] <@wrbtrader> Covered Remainder Emini TF Short @ 1166.70 --> + 0.1
[11:33:06] <@wrbtrader> :(
[11:33:25] <tradermo________> tf showing some weakness
[11:34:06] <@wrbtrader> I tried to keep that Short...wasn't meant to be
[11:34:18] <tradermo________> tried to add puts at highs but did not get filled
[11:35:03] <@wrbtrader> Shorts Emini TF @ 1165.80 -> medium size
[11:35:10] <@wrbtrader> 4 contracts
[11:35:13] <@wrbtrader> re-entry
[11:35:46] <tradermo________> exit all iwm 116.04
[11:35:59] <tradermo________> exiting due to some other shorts
[11:37:11] <@wrbtrader> Covered all Emini TF Short @ 1165.60 --> + 0.2
[11:37:39] <Cayden> reaction low holding off the 'flush'
[11:48:05] <TradeSnake______> Long YM @ 17390
[12:02:03] <TradeSnake______> Flat YM @ 17410 +20
[12:09:32] <t4n> some volatility just before lunch hour
[13:17:20] <@wrbtrader> Shorts Emini TF @ 1167.10 -> medium size
[13:17:28] <@wrbtrader> 4 contracts
[13:19:04] <@wrbtrader> WRB pt1 reached
[13:19:40] <Cayden> that took out a couple reaction lows...very nice
[13:31:04] <@wrbtrader> Covered all Emini TF Short @ 1164.00 --> + 3.1
[13:35:15] <@wrbtrader> Shorts Emini TF @ 1163.20 -> medium size
[13:35:24] <@wrbtrader> 4 contracts re-entry
[13:37:03] <@wrbtrader> Covered all Emini TF Short @ 1162.10 --> + 1.1
[13:38:14] <@wrbtrader> I was ready for a re-entry after the prior Short and still got back in with a 8 tick difference from the prior trade exit to the entry in the last trade :(
[13:39:34] <@wrbtrader> Shorts Emini TF @ 1162.50 -> large size
[13:39:58] <@wrbtrader> 4+2 contracts
[13:40:00] <@wrbtrader> re-entry
[13:43:31] <@wrbtrader> Covered 1/2 Emini TF Short @ 1160.90 --> + 1.6
[13:44:19] <@wrbtrader> WRB pt1 reached
[13:46:06] <@wrbtrader> snap back attempt
[13:46:24] <@wrbtrader> tightning my trail stop just in case it tries again
[13:52:54] <@wrbtrader> feels like TF is looking for me today :(
[13:53:31] <@wrbtrader> like that movie called "War of the Worlds" with Tom Cruise
[13:53:56] <@wrbtrader> Those long tentacles probing (searching) the basement looking for trail stops
[13:55:07] <Cayden> dont scare the children
[13:55:21] <@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
[13:55:50] <@wrbtrader> its getting closer
[13:55:55] <Cayden> lol
[13:56:21] <@wrbtrader> Covered Remainder Emini TF Short @ 1161.90 --> + 0.6
[13:56:32] <@wrbtrader> too much suspense for me
[13:56:52] <@wrbtrader> If it rolls over again...I'll re-entry a Short
[13:57:34] <Cayden> Katch U Katz L8TR- going to a nice warm spot to read - eh hmmm- wrbhg materials.
[13:59:54] <@wrbtrader> Shorts Emini TF @ 1161.80 -> small size
[14:00:03] <@wrbtrader> 3 contracts re-entry
[14:00:39] <@wrbtrader> now that the contractio in the volatility has shown up again
[14:00:54] <@wrbtrader> I don't have the leverage to push a large size position
[14:01:02] <@wrbtrader> not even a medium size position
[14:01:18] <@wrbtrader> Covered all Emini TF Short @ 1162.20 --> - 0.4
[15:03:58] <@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.
[15:23:09] <@wrbtrader> Shorts Emini TF @ 1162.20 -> small size
[15:23:16] <@wrbtrader> 1 contract
[15:23:27] <@wrbtrader> crappy entry
[15:23:54] <@wrbtrader> looking to dump this trade
[15:24:36] <@wrbtrader> Covered Emini TF Short @ 1162.60 --> - 0.4
[15:25:08] <@wrbtrader> will protect my profits and call it quits here
[15:25:16] <@wrbtrader> Take care all and see all tomorrow
Session Close: Wed Nov 05 16:43:25 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


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