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 Post subject: November 25th Tuesday - Futures, Forex, Stocks and ETFs
 Post Posted: Thu Nov 27, 2014 3:19 am 
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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)
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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:
112514-Key-Price-Action-Markets.png
112514-Key-Price-Action-Markets.png [ 1.21 MiB | Viewed 81 times ]

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

Session Start: Tue Nov 25 09:20:30 2014
Session Ident: ##TheStrategyLab
[09:20:30] * Now talking in ##TheStrategyLab
[09:20:30] * 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'
[09:20:30] * Set by wrbtrader on Tue Feb 05 08:11:19
[09:20:30] ##TheStrategyLab url is http://www.thestrategylab.com/tsl/forum/
[09:22:06] <@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.
[09:27:53] <Cayden> KME- 10 east -CB Consumer Confidence
[09:30:54] <@wrbtrader> Shorts Emini TF @ 1186.60 -> large size
[09:31:28] <@wrbtrader> 3+1+2 Contracts
[09:33:22] <tradermo> short ym 17820
[09:34:00] <@wrbtrader> snap back upwards
[09:37:50] <@wrbtrader> Covered all Emini TF Short @ 1190.80 --> - 4.2
[09:38:06] <@wrbtrader> volatility spike
[09:38:51] <Tigerman__> gm all
[09:39:06] <Tigerman__> lg iwm 118.62
[09:39:22] <Tigerman__> exit all iwm 118.70 + 8tk
[09:39:37] <Tigerman__> late entry price move fery fast
[09:39:58] <Cayden> YM at LOD
[09:39:59] <Tigerman__> also wanna enter with big size but used small via error :(
[09:40:15] <Tigerman__> anyway better then nothing
[09:40:37] <Tigerman__> ym weak vs others
[09:40:49] <Tigerman__> that confuse me
[09:41:05] <tradermo> stop to breakeven 17820
[09:42:00] <@wrbtrader> Shorts Emini TF @ 1189.90 -> large size
[09:43:45] <@wrbtrader> Shorts Emini TF @ 1190.40 -> Add
[09:44:23] <Tigerman__> lg iwm 118.50 small
[09:45:26] <@wrbtrader> Covered 1/2 Emini TF Short @ 1190.10 --> + 0.3
[09:46:37] <Tigerman__> exit all 49 -1 tk
[09:48:39] <@wrbtrader> Covered Remainder Emini TF Short @ 1189.50 --> + 0.4
[09:49:01] <Tigerman__> contracting here
[09:50:50] <@wrbtrader> Shorts Emini TF @ 1189.20 -> large size
[09:50:51] <Tigerman__> people wait 10am news cb + richmond KME
[09:51:05] <@wrbtrader> 9 contracts
[09:51:15] <@wrbtrader> re-entries
[09:52:25] <Cayden> there ya go
[09:52:57] <@wrbtrader> trying to snap back again
[09:53:35] <@wrbtrader> :(
[09:53:54] <Cayden> 85.10 gets ya a reg session gap fill- come on!
[09:54:49] <@wrbtrader> Covered 2/3 Emini TF Short @ 1187.90 --> + 1.3
[09:57:03] <@wrbtrader> Covered Remainder Emini TF Short @ 1188.70 --> + 0.5
[09:57:43] <TradeSnake______> KME CB Consumer Confidence @ 10am
[09:58:33] <@wrbtrader> too much contraction...it now obvious waiting for that 1000am KME
[10:01:56] <@wrbtrader> Shorts Emini TF @ 1187.30 -> large size
[10:02:16] <@wrbtrader> 9 contraacts
[10:03:31] <Tigerman__> sh iwm 118.14
[10:04:01] <Tigerman__> exit all iwm 118.09 +5tk
[10:04:10] <Tigerman__> I moved too late
[10:06:06] <@wrbtrader> :(
[10:06:06] <tradermo> exit all ym 17773
[10:06:11] <@wrbtrader> contracting again
[10:09:15] <Tigerman__> sh iwm 117.90
[10:10:08] <Tigerman__> exit all 117.98 -8t
[10:10:18] <Tigerman__> counter spike :(
[10:13:16] <@wrbtrader> more contraction in the volatility
[10:13:18] <@wrbtrader> not good
[10:13:27] <@wrbtrader> Now it can pop either way
[10:13:58] <@wrbtrader> Covered 1/3 Emini TF Short @ 1186.50 --> + 0.8
[10:16:12] <@wrbtrader> now its just bouncing all over the place
[10:16:50] <@wrbtrader> Emini ES moving arouond too but more calm
[10:16:59] <Tigerman__> lg iwm 118.02
[10:17:41] <Tigerman__> exit 118.08 +6t
[10:17:53] <Tigerman__> 1/2 position
[10:18:18] <Tigerman__> exit all 118.02 +0
[10:18:37] <Tigerman__> hot zone here
[10:19:51] <Tigerman__> sh iwm 117.87
[10:21:15] <@wrbtrader> contract --> spike --> contract --> spike...again and again so far today
[10:21:41] <Tigerman__> exit all 86 +1t
[10:25:09] <@wrbtrader> Covered all Emini TF Short @ 1184.90 --> + 2.4
[10:30:08] <Lightenup> LongYM @ 17773
[10:32:29] <@wrbtrader> Comme promis, voici certaines informations importantes divulguées...
[10:32:45] <@wrbtrader> ooops...sorry...not meant for the room.
[10:32:46] <Lightenup> Flat YM @ 17777 +4
[10:33:15] <tradermo> ah, and it almost got interesting :)
[10:35:06] <Tigerman__> sh 118.13
[10:35:13] <Tigerman__> med size
[10:35:38] <Tigerman__> exit 1/2 118.06 +7t
[10:37:04] <Cayden> And he trades in French too- LOL
[10:37:25] <@wrbtrader> Shorts Emini TF @ 1186.60 -> large size
[10:37:33] <@wrbtrader> 4+2 contracts
[10:37:36] <@wrbtrader> re-entry
[10:38:06] <@wrbtrader> if this doesn't rollover southward fast...
[10:38:18] <@wrbtrader> I'm gonna need to rethink my strong Short bias
[10:39:36] <Lightenup> Short Dow YM @ 11776
[10:40:40] <@wrbtrader> WRB pt1 reached on little volatility
[10:41:04] <Lightenup> Flat Dow YM @ 11772 +4
[10:42:22] <Tigerman__> exit all rem iwm 117.98 +15t
[10:42:28] <Cayden> the 5 min white wrb at 10:25, (across the board) does throw a wrench in the bearish side
[10:44:58] <Cayden> but it is smaller then the red 10:00 wrbhg (across the board)- and price is sitting ...i still am a bit toward the bearish side of the fence.
[10:48:42] <Cayden> but but- that up volitility spike earlier? that is a bullish reminder- and with a sleeping market w/ low volume could easily reappear- yep- I have no idea.
[10:49:54] <@wrbtrader> My initial plan out of the gate was to open a Short position and hold it no matter what and the markets will eventually go southward...didn't work out so well for me.
[10:50:13] <@wrbtrader> I'm still doing re-entries in trying to catch a big movement to the south :(
[10:50:47] <@wrbtrader> I was looking at a +10 on a Short position as a profit target
[10:50:47] <t4n_paper> I was in CL short at 75.9
[10:51:06] <t4n_paper> only got 1.5 points off it
[10:51:27] <t4n_paper> it then broke down to 75.3
[10:51:40] <t4n_paper> I think I'm just going to watch for a while
[10:51:44] <t4n_paper> that stunk
[10:52:18] <t4n_paper> I even knew the vol was up
[10:52:56] <t4n_paper> It seemed like CL was reacting to tomorrows 1030 KME
[10:53:00] <t4n_paper> if that is even possible
[10:56:31] <Cayden> if you were to get the 10 point target- the unfilled gap from fridays close would have also been on the table...for a runner
[10:57:18] <@wrbtrader> Yeah...it caught my eye prior to today's open
[10:57:36] <@wrbtrader> I even got down on my knees and "made a wish" :)
[10:58:15] <Cayden> Nasdaq still has downward room to move to catch
[10:58:26] <@wrbtrader> Covered 1/2 Emini TF Short @ 1182.00 --> + 4.6
[10:58:38] <@wrbtrader> Covered Remainder Emini TF Short @ 1182.30 --> + 4.3
[10:58:49] <@wrbtrader> WRB pt2 reached
[10:58:53] <Cayden> very nice!
[10:59:33] <@wrbtrader> one good sympton of "increasing volatility" above any recent norm is when a WRB pt2 is in the +4 point range instead of around +2.0 range
[11:00:49] <Cayden> the word I have for The DOW today is The Stallwart
[11:01:37] <Cayden> copy that wrbtrader- thanks
[11:02:21] <Tigerman__> sh iwm 117.70
[11:03:17] <Tigerman__> exit all 73-3t
[11:09:33] <Cayden> TF- new lows
[11:09:40] <Cayden> dailey lows
[11:10:04] <t4n_paper> CL sharp reaction near 75
[11:11:04] <t4n_paper> cl really moving since 1030
[11:11:17] <Tigerman__> sh 117.58
[11:15:24] <@wrbtrader> Shorts Emini TF @ 1181.00 -> small size
[11:15:38] <tradermo> long nq 4285.25
[11:15:39] <@wrbtrader> 3 contracts
[11:16:03] <@wrbtrader> too much contraction at this time of day has forced me to lower my position size
[11:16:20] <Tigerman__> exit 1/2 55 +3t
[11:16:55] <tradermo> stop to breakeven 4285.25
[11:17:04] <tradermo> back later
[11:17:50] <Tigerman__> exit all 58 +0
[11:18:15] <@wrbtrader> Covered all Emini TF Short @ 1181.60 --> - 0.6
[11:20:56] <Cayden> aem
[11:23:25] <Cayden> wrong key board
[11:23:31] <@wrbtrader> Shorts Emini TF @ 1181.90 -> small size
[11:24:06] <@wrbtrader> I should have not exited out of that prior Short...it wasn't in any danger of running away from me :(
[11:24:12] <@wrbtrader> 3 contracts re-entry
[11:27:01] <@wrbtrader> Covered all Emini TF Short @ 1181.90 --> 0
[11:39:35] <tradermo> exit all nq 4293
[12:05:35] <t4n_paper> 2m TF stuck inside WRBHG at1132
[12:41:30] <Tigerman__> take care all happy thanksgiving see next week
[13:56:16] <Cayden> something is funky with mi mirc
[13:56:30] <@wrbtrader> Bye
[13:56:38] <@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.
[14:44:06] <@wrbtrader> VIX now 12.46 and supporting the low volatility tight trading range in the Emini futures
[14:45:13] <@wrbtrader> Forex EurUsd still above its big Up WRB Hidden GAP interval of 0930am est 15min chart
[14:45:35] <@wrbtrader> but it too is now in a low volatility tight trading range
[14:45:45] <@wrbtrader> Volatility spike in Emini TF futures
[14:50:33] <@wrbtrader> Forex GBPUSD and EURUSD rolling over southward...something is going on
[14:53:45] <@wrbtrader> tech stocks started rolling over
[14:55:28] <@wrbtrader> Shorts Emini TF @ 1184.20 -> small size
[14:55:45] <@wrbtrader> 2 contracts
[14:58:35] <@wrbtrader> Covered all Emini TF Short @ 1184.10 --> + 0.1
[14:58:47] <@wrbtrader> :(
[14:59:05] <@wrbtrader> I had a shallow (small) WRB pt1 of 3 ticks
[14:59:45] <@wrbtrader> I decided to hold it longer for a WRB pt2...didn't make it there...it didn't even put in a good try for it because volatility killed over
[15:07:57] <@wrbtrader> Emini TF futures slowly moving back higher into that most recent tough low volatility tight trading range
[15:18:54] <@wrbtrader> Take care all and see all tomorrow
Session Close: Tue Nov 25 19:55:12 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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