Login    Forum    Search    FAQ



Post new topic Reply to topic Bookmark and Share  [ 1 post ] 
Author Message
 Post subject: December 9th Tuesday - Futures, Forex, Stocks and ETFs
 Post Posted: Tue Dec 09, 2014 9:39 pm 
Offline
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:
120914-Key-Price-Action-Markets.png
120914-Key-Price-Action-Markets.png [ 1.58 MiB | Viewed 247 times ]

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

Session Start: Tue Dec 09 09:25:18 2014
Session Ident: ##TheStrategyLab
[09:25:18] * Now talking in ##TheStrategyLab
[09:25:18] * 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'
[09:25:18] * Set by wrbtrader on Tue Feb 05 08:11:19
[09:25:18] ##TheStrategyLab url is http://www.thestrategylab.com/tsl/forum/
[09:27:55] <wrbtrader> Good morning all
[09:28:04] <Trader_Uy> good morning
[09:28:05] <MattyR> good morning
[09:28:09] <nadina_> hi
[09:28:24] <Lightenup> good morning
[09:28:40] <Tigerman__> gm all
[09:28:42] <wrbtrader> Wow...Emini TF had an intraday high yesterday of 1189 and today its going to open around 1154 ...
[09:28:56] <wrbtrader> huge change in supply/demand in the Emini futures
[09:30:47] <wrbtrader> Shorts Emini TF @ 1154.60 -> large size
[09:31:12] <wrbtrader> 6 contracts
[09:32:04] <wrbtrader> Covered all Emini TF Short @ 1154.90 --> - 0.3
[09:34:51] <wrbtrader> Shorts Emini TF @ 1154.50 -> large size
[09:35:01] <wrbtrader> 4+2 contracts
[09:35:54] <Tigerman__> sh iwm 114.97
[09:36:16] <Tigerman__> exit 1/2 114.91 +6tk
[09:37:14] <Tigerman__> exit 1/3 116.82 +15tk
[09:38:25] <wrbtrader> Covered 1/2 Emini TF Short @ 1153.70 --> + 0.8
[09:38:39] <wrbtrader> Covered Remainder Emini TF Short @ 1154.00 --> + 0.5
[09:38:43] <wrbtrader> :(
[09:38:45] <Tigerman__> crude oil falling too under 63$ a barrel
[09:39:25] <Tigerman__> exit all rem iwm at 114.95 +2tk
[09:39:46] <wrbtrader> We got nice looking WRB Hidden GAP intervals in many key markets...
[09:39:52] <Tigerman__> retraced all down move from open
[09:40:06] <wrbtrader> Hopefully it doesn't fizzle out into a low volatility tight trading range
[09:42:17] <Trader_Uy> Probably market trying to fill In Normal session Gap
[09:46:26] <Tigerman__> lg iwm 115.26
[09:46:34] <Tigerman__> intuition
[09:46:44] <wrbtrader> Pending 1000am est KME
[09:47:11] <Tigerman__> exit all 27 +1t
[09:47:20] <Trader_Uy> do you trade when news coming soon?
[09:48:14] <wrbtrader> I trade when I get a trade signal...I don't care if it occurs when there's a KME
[09:48:23] <Trader_Uy> cool
[09:49:35] <nadina_> excuse me Tiger what is iwm? I havn't got it on ninja instrument list (its a demo)
[09:50:52] <Tigerman__> iwm is ETF for TF russell index
[09:51:15] <nadina_> oh I see same as TF?
[09:51:34] <Tigerman__> lg iwm 48
[09:52:05] <wrbtrader> IWM is a Russell ETF...whereas Emini TF is a Russell Emini futures
[09:52:10] <Tigerman__> exit all 48
[09:52:20] <wrbtrader> IWM price action is almost the exact same as Emini TF price action...
[09:52:37] <wrbtrader> thus, they are highly correlated in the regular session
[09:52:46] <nadina_> ok Ill look it up, I know futures butnnever traded ETFs thanks
[09:52:50] <Trader_Uy> would iwm be ''easier'' for a newby like me?
[09:52:50] <wrbtrader> IWM does not have an overnight trading session.
[09:53:04] <wrbtrader> I don't know
[09:53:24] <wrbtrader> Most people I know that trades IWM its for tax reasons or liquidity reasons as discussed yesterday
[09:54:00] <Tigerman__> the issue is not IWM is easier or not has different tax commission and liquidity differencies
[09:54:07] <nadina_> I must look up yesterday session, left early for work..... thanks guys
[09:56:22] <Trader_Uy> vool thanks Mark and Tiger for reply..
[09:57:38] <wrbtrader> Also, don't forget about the IWM (shares) versus Emini TF (contract) situation
[09:59:11] <MattyR> news in 1 minute
[09:59:22] <wrbtrader> I don't know if ETF are subject to the PDT rule
[09:59:43] <wrbtrader> Nadina...yesterday's chat log @ viewtopic.php?f=137&t=1953
[10:00:18] <nadina_> thank you so much
[10:00:23] <nadina_> wrb
[10:01:31] <tradermo> short iwm 115.60
[10:02:01] <Trader_Uy> Ive been statistically analyzing charts on TF for a few months and Ive seen a lot of days there is a reversal at about 11AM is this something knowk? or something we can you as an advantage?
[10:02:33] <Trader_Uy> its like between 10:45 and 11:15
[10:02:47] <wrbtrader> 1100am eastern time or chicago time ?
[10:02:54] <Trader_Uy> est
[10:02:59] <wrbtrader> I don't know
[10:03:14] <wrbtrader> If you way you have stats that saids a reversal occurs...
[10:03:25] <wrbtrader> I you don't need to ask anyone for verfication :)
[10:03:30] <wrbtrader> Just follow your statistics
[10:03:49] <Tigerman__> lg iwm 62
[10:03:56] <Tigerman__> intuition
[10:04:28] <wrbtrader> Yet, you didn't mention your definition for "a lot of days"
[10:04:37] <tradermo> stop to breakeven 116.60
[10:04:44] <Tigerman__> exit 58 -4t
[10:05:04] <wrbtrader> How many is "a lot of days" per month out of about 20 average trading days per month
[10:05:13] <wrbtrader> ?
[10:05:20] <Trader_Uy> about 80% of days over the last months.. I guess I have to do longer term analysis of this.. but maybe this was something known
[10:05:29] <wrbtrader> That's a question ONLY you should already know
[10:06:43] <Tigerman__> lg eurusd 1.2415 forex
[10:07:04] <wrbtrader> Forex EURUSD increasing volatility and rising in price
[10:07:14] <Tigerman__> yeah
[10:07:24] <wrbtrader> Therefore, same with EuroFX 6E futures
[10:07:45] <Tigerman__> exit 1/2 1.2424 +9t
[10:08:10] <Tigerman__> was distraced by reading outcome ot 10am news
[10:09:12] <Tigerman__> and miss a better entry ... in one spot already hot x my analysis :(
[10:09:41] <Tigerman__> anyway trade more instruments is very demanding
[10:12:35] <Tigerman__> exit 1/3 1.2425 eur +10t
[10:13:52] <Tigerman__> price in eurusd try hard to break most recent high
[10:17:01] <Tigerman__> exit all rem eur at 1.2442 +27tk
[10:17:43] <Tigerman__> in contrast iwm/tf price is very ugly
[10:18:11] <MattyR> gold if pushing hard
[10:19:54] <wrbtrader> Light Crude Oil CL futures has retraced back upwards into the range of a key Down WRB Hidden GAP interval 0903am - 0906am est 3min chart
[10:20:35] <wrbtrader> Geesh...yeah you're right about Gold GC futures
[10:20:41] <wrbtrader> It's on fire
[10:20:53] <MattyR> no pullback
[10:27:09] <Lightenup> Short TF @ 1157.9
[10:29:59] <Lightenup> Flat TF 1157.10 + .8
[10:30:15] <Lightenup> Charts stopped and dome hug up so had to click flatten
[10:30:34] <wrbtrader> Shorts Light Crude Oil CL @ 63.23 -> small size
[10:30:37] <Lightenup> good entry
[10:30:55] <wrbtrader> 3 contracts
[10:31:39] <wrbtrader> Covered all Light Crude Oil CL Short @ 63.26 --> - 0.03
[10:32:48] <wrbtrader> Shorts Light Crude Oil CL @ 63.23 -> small size
[10:32:50] <tradermo> exit half iwm 115.14
[10:32:55] <wrbtrader> 3 contracts
[10:32:58] <wrbtrader> re-entry
[10:33:04] <tradermo> exit rem iwm 115.11
[10:33:25] <wrbtrader> WRB pt1 reached
[10:33:39] <wrbtrader> Covered all Light Crude Oil CL Short @ 63.13 --> + 0.1
[10:34:04] <Cayden> aem
[10:34:21] <wrbtrader> Shorts Light Crude Oil CL @ 63.23 -> small size
[10:34:29] <wrbtrader> 2 contracts
[10:34:32] <wrbtrader> re-entry
[10:35:30] <wrbtrader> more contraction
[10:35:46] <wrbtrader> volatility declining
[10:35:53] <wrbtrader> I'm now expecting a volatility spike
[10:35:57] <wrbtrader> tighting my stop
[10:36:23] <wrbtrader> Covered all Light Crude Oil CL Short @ 63.26 --> - 0.03
[10:36:29] <wrbtrader> :(
[10:37:40] <wrbtrader> Shorts Light Crude Oil CL @ 63.31 -> small size
[10:37:45] <wrbtrader> 1 contract
[10:38:34] <wrbtrader> Covered Light Crude Oil CL Short @ 63.39 --> - 0.08
[10:38:44] <TradeSnake______> Short YM @ 17652
[10:42:18] <Tigerman__> lg eur 1.2428
[10:42:26] <wrbtrader> Long Light Crude Oil CL @ 63.57 -> small size
[10:42:35] <wrbtrader> 2 contracts
[10:43:10] <Tigerman__> exit all eur 1.2426 -2t
[10:44:14] <TradeSnake______> Flat YM @ 17662 --> -10
[10:45:06] <wrbtrader> Exited all Light Crude Oil CL Long @ 63.51 --> - 0.06
[10:47:00] <Tigerman__> lg eur 1.24254
[10:47:07] <Tigerman__> 24
[10:47:59] <Tigerman__> exit all 23 -1t
[10:49:57] <wrbtrader> Long Light Crude Oil CL @ 63.49 -> small size
[10:50:10] <wrbtrader> 2 contracts
[10:50:45] <Tigerman__> sh eur 1.2417
[10:50:52] <wrbtrader> I need to be careful here in these CL trades because I'm missing a Up movement in TF that has a chance to setup a Long signal in TF
[10:51:06] <Trader_Uy> is tere any particular reason to switch from TF to CL?
[10:51:21] <wrbtrader> Yeah...trade signal
[10:51:27] <Trader_Uy> :)
[10:51:39] <wrbtrader> I'm now watching TF closely for a possible Long signal
[10:52:04] <wrbtrader> Exited all Light Crude Oil CL Long @ 63.61 --> + 0.12
[10:56:56] <wrbtrader> Long Emini TF @ 1164.60 -> small size
[10:57:14] <wrbtrader> 1 contract
[10:58:35] <wrbtrader> Long Emini TF @ 1164.30 -> Add
[10:58:43] <wrbtrader> 1 added
[11:00:04] <Tigerman__> exit all eur 2419 -2t
[11:00:14] <wrbtrader> Long Emini TF @ 1164.00 -> Add
[11:00:19] <wrbtrader> 1 added
[11:00:24] <wrbtrader> total 3 contracts
[11:00:36] <wrbtrader> :(
[11:01:02] <wrbtrader> Exited all Emini TF Long @ 1163.00 --> - 2.6
[11:01:19] <wrbtrader> taken out by a Down WRB
[11:02:31] <wrbtrader> 1161.50 is my line in the sand
[11:02:42] <wrbtrader> If TF stays above...I'll keep a bullish bias
[11:02:54] <wrbtrader> If TF drops below...I'll have a bearish bias
[11:04:50] <Trader_Uy> thats the previouis swing high right?
[11:05:10] <wrbtrader> Yes...I like to call it a "reaction high"
[11:05:46] <t4n> CL finaly broke higher
[11:06:40] <wrbtrader> Long Emini TF @ 1163.60 -> small size
[11:06:46] <wrbtrader> 3 contracts
[11:08:50] <wrbtrader> TF having more contraction problems now
[11:14:09] <wrbtrader> Exited all Emini TF Long @ 1162.20 --> - 1.4
[11:18:16] <wrbtrader> Long Emini TF @ 1153.30 -> small size
[11:18:25] <wrbtrader> 1+2 contracts
[11:18:27] <wrbtrader> re-entry
[11:18:47] <rwbil1> 1153?
[11:19:12] <wrbtrader> WRB pt1 reached
[11:19:19] <Trader_Uy> hes gonna correct soon :0 let him manage that trade ;)
[11:19:34] <wrbtrader> It'll correct itself on the exit
[11:22:12] <wrbtrader> Exited all Emini TF futures @ 1164.40 -> + 1.10
[11:22:41] <wrbtrader> almost a WRB pt2 but it ran out of steam
[11:23:14] <Trader_Uy> yep was also last swing high
[11:24:32] <wrbtrader> Long Emini TF @ 1164.60 -> small size
[11:24:39] <wrbtrader> 2 contracts
[11:24:43] <wrbtrader> re-entry
[11:25:22] <wrbtrader> WRB pt1 reached
[11:25:46] <wrbtrader> Exited all Emini TF Long @ 1165.70 --> + 1.1
[11:26:50] <wrbtrader> Emini TF futures filled in the regular session gap
[11:32:30] <rwbil1> TF exploding up another WRB HG
[11:44:46] <wrbtrader> Long Emini TF @ 1167.70 -> small size
[11:44:59] <wrbtrader> 3 contracts
[11:46:09] <wrbtrader> Exited all Emini TF Long @ 1167.90 --> + 0.2
[11:47:26] <wrbtrader> Price action turning into the snapback after the Up WRB
[11:47:58] <Trader_Uy> wich WRB?
[11:48:08] <wrbtrader> 3min chart
[11:48:12] <Trader_Uy> ok
[12:08:29] <tradermo> short iwm 116.20
[12:13:32] <tradermo> stop to breakeven 116.20
[12:14:14] <tradermo> exit all iwm 116.20
[12:36:16] <tradermo> short ym 17682
[12:38:14] <t4n> TF nice break higher
[12:39:20] <rwbil1> Yes WRB just goes up and up
[12:40:05] <tradermo> exit all ym 17711
[12:40:29] <t4n> reached 830 Jobs KME area
[12:46:08] <rwbil1> large up TF WRB HG
[12:55:21] <tradermo> short iwm 116.74
[13:06:23] <wrbtrader> Long Emini TF @ 1175.00 -> small size
[13:06:37] <wrbtrader> I just got back
[13:06:52] <wrbtrader> 1 contract
[13:07:45] <wrbtrader> Exited Emini TF Long @ 1175.00 --> 0
[13:08:11] <tradermo> exit all iwm 117.04
[13:08:17] -ChanServ- wrbtrader is not on ##WRB_Analysis.
[13:08:21] <tradermo> short ym 17730
[13:08:33] <@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.
[13:11:35] <nadina__> off to work bye
[13:12:26] <rwbil1> TF exponetial up
[13:16:13] <@wrbtrader> Long Emini TF @ 1179.60 -> small size
[13:16:32] <@wrbtrader> 1 contract
[13:16:58] <@wrbtrader> had to exit the prior trade early
[13:17:49] <@wrbtrader> Exited Emini TF Long @ 1179.00 --> - 0.6
[13:18:43] <tradermo> exit all ym 17755
[13:27:47] <@wrbtrader> Long Emini TF @ 1178.60 -> small size
[13:28:01] <@wrbtrader> 1+2 contracts
[13:32:32] <@wrbtrader> Exited 1/3 Emini TF Long @ 1181.10 --> + 2.5
[13:32:46] <@wrbtrader> Exited 1/3 Emini TF Long @ 1181.10 --> + 2.5
[13:32:55] <@wrbtrader> Exited Remainder Emini TF Long @ 1181.10 --> + 2.5
[13:33:04] <tradermo> short iwm 117.59
[13:33:26] <@wrbtrader> WRB pt2 reached
[13:34:00] <rwbil1> no shortage of WRBs on TF today Aother WRB HG forming
[13:35:09] <@wrbtrader> Long Emini TF @ 1184.00 -> small size
[13:36:07] <@wrbtrader> Exited all Emini TF Long @ 1184.10 --> + 0.1
[13:36:35] <@wrbtrader> 1 contract
[13:36:51] <t4n> wow, TF never quit while i was gone
[13:37:03] <Tigerman__> take care all see next time
[13:39:57] <@wrbtrader> Long Emini TF @ 1183.50 -> medium size
[13:40:12] <@wrbtrader> 2+2 contracts
[13:40:18] <@wrbtrader> intuition
[13:41:28] <@wrbtrader> Exited all Emini TF Long @ 1183.00 --> - 0.5
[13:42:17] <@wrbtrader> Emini TF retesting the R area of the most recent Up WRB Hidden GAP 3min chart
[13:43:54] <@wrbtrader> Long Emini TF @ 1182.80 -> medium size
[13:44:01] <@wrbtrader> re-entry
[13:46:03] <@wrbtrader> Exited all Emini TF Long @ 1183.00 --> + 0.2
[13:46:09] <@wrbtrader> early exit
[13:46:42] <@wrbtrader> I got lost a little in the forest on those recent two trades
[13:50:57] <Trader_Uy> was a good decision getting out early
[14:02:48] <@wrbtrader> Long Emini TF @ 1182.70 -> small size
[14:02:57] <@wrbtrader> 2 contracts
[14:04:16] <@wrbtrader> WRB pt1 (shallow) reached
[14:04:47] <@wrbtrader> that means the WRB pt1 is a small profit...something I wasn't expecting to occur
[14:05:10] <@wrbtrader> holding for a possible WRB pt2
[14:06:12] <@wrbtrader> WRB pt2 reached
[14:07:05] <@wrbtrader> Exited all Emini TF Long @ 1184.00 --> + 1.3
[14:08:15] <@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
[14:24:17] <@wrbtrader> Long Emini TF @ 1184.00 -> small size
[14:24:31] <@wrbtrader> 2 contracts
[14:25:43] <@wrbtrader> Exited all Emini TF Long @ 1184.10 --> + 0.1
[14:25:48] <@wrbtrader> :(
[14:26:17] <@wrbtrader> For a few seconds there I thought it could run to 1186 but it hit a wall
[14:27:08] <t4n> CL expanding into its close
[14:27:12] <t4n> i got a nibble :/
[14:27:48] <t4n> I should have taken it with the context of todays trend
[14:27:57] <t4n> strong trend in the market
[14:28:56] <@wrbtrader> I missed a good part of today's trend due to shopping for Xmas
[14:29:28] <t4n> i simply went to lunch
[14:29:47] <t4n> it happens
[14:30:32] <@wrbtrader> December trading is always tricky every year...
[14:30:59] <@wrbtrader> Trying to find time to get personal stufff done to avoid the store crowds versus trading
[14:31:25] <tradermo> i too will miss xmas rally :(
[14:31:32] <t4n> amazon?
[14:31:56] <@wrbtrader> Stores this year caught on to Amazon foreign
[14:32:11] <tradermo> will be on vacation for more than a month starting later this week
[14:32:13] <@wrbtrader> Most of Amazon stuff is overpriced to what the stores are selling
[14:32:25] <t4n> wow, didnt know
[14:33:45] <@wrbtrader> Problem not really Amazon...its many of the merchants abusing their system that they work with
[14:36:01] <t4n> I havent been in a big box store in years
[14:36:26] <t4n> I havent done a lot of things in years i guess
[14:36:57] <t4n> another Afghan christmas lol
[14:37:34] <@wrbtrader> Free turkey ?
[14:37:54] <t4n> yep
[14:40:49] <t4n> supposed to be some backlash with the CIA document release
[14:41:04] <t4n> Maybe that is the boost in CL close also
[14:42:24] <@wrbtrader> Long Emini TF @ 1182.70 -> small size
[14:43:00] <@wrbtrader> I know you're in Afghan doing contract work...
[14:43:12] <@wrbtrader> Please don't mention the words CIA in here.
[14:43:28] <@wrbtrader> I don't want my room getting shut down by the U.S. government :)
[14:43:28] <t4n> sorry, its news
[14:43:46] <tradermo> too late :)
[14:43:49] <@wrbtrader> :)
[14:44:06] <@wrbtrader> 2 contracts
[14:45:00] <@wrbtrader> Exited Emini TF Long @ 1183.00 --> + 0.3
[14:45:12] <@wrbtrader> I just got bored
[14:45:18] <@wrbtrader> I don't like trading when I'm bored
[14:45:35] <@wrbtrader> Take care all and see all tomorrow
[14:47:03] <Trader_Uy> have fun
[14:50:08] <tradermo> exit all iwm 117.78
[14:50:53] <tradermo> can only do short trades today due to other equity longs but tf is just too strong
[14:51:55] <tradermo> however we are not in bull territory yet which starts at es 2065
Session Close: Tue Dec 09 17:09:23 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 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


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 3 guests

 
 

 
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