Login    Forum    Search    FAQ



Post new topic Reply to topic Bookmark and Share  [ 1 post ] 
Author Message
 Post subject: February 4th Wednesday - Futures, Forex, Stocks and ETFs
 Post Posted: Wed Feb 11, 2015 3:03 am 
Offline
Trader / Forum Admin

Joined: Tue Dec 16, 2008 1:02 am
Posts: 2456
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:
020415-Key-Price-Action-Markets.png
020415-Key-Price-Action-Markets.png [ 1.08 MiB | Viewed 59 times ]

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

Session Start: Wed Feb 04 09:24:23 2015
Session Ident: ##TheStrategyLab
[09:24:23] * Now talking in ##TheStrategyLab
[09:24:24] ##TheStrategyLab url is http://www.thestrategylab.com/tsl/forum/
[09:24:33] * eminimike (~mike@pool-173-77-218-222.nycmny.fios.verizon.net) has joined ##TheStrategyLab
[09:25:29] <wrbtrader> Good morning all
[09:25:46] <Lightenup> good morning
[09:25:53] <wrbtrader> Yesterday afternoon price action had a nice Up Trend...producing some WRB Zones
[09:25:55] <Netang_> gm
[09:26:27] <wrbtrader> Now today will have a big down gap...into the range of yesterday's Up Trend and into the range of WRB Zones
[09:26:43] <wrbtrader> Simply, hopefully some trade signals appear right out of the gate
[09:26:46] <CaydenV> 4 and 5 minute intervals-
[09:26:47] <CaydenV> O.N.- Filled gap from Europe 5am east KME – quite the dramatic volatility spike on time frames 4 minutes and above.
[09:26:47] <CaydenV> O.N. – Filled gap from U.S. 5:15 employment change KME.
[09:26:47] <CaydenV> Currently trading in the middle area of yesterdays 1:20 pm wrbhg - into the cash open we go.
[09:26:47] <CaydenV> ISM Non- Manufacturing PMI at 7 east.
[09:26:47] <CaydenV> GM
[09:27:25] * TradeSnake______ (~TradeSnak@S0106602ad084af2e.vc.shawcable.net) has joined ##TheStrategyLab
[09:28:18] <CaydenV> stats were on the ES Mini
[09:29:56] <Tigerman__> gm all
[09:32:31] <eminimike> wrb setting up on 5 min ES
[09:35:08] <wrbtrader> Shorts Emini ES @ 2035.75 -> large size
[09:35:31] <wrbtrader> 20 contracts
[09:36:45] <wrbtrader> Covered 1/2 Emini ES Short @ 2035.25 --> + 0.5
[09:37:15] <wrbtrader> Covered Remainder Emini ES Short @ 2035.50 --> + 0.25
[09:37:57] <wrbtrader> no volatility showed up to push this down...that made me very suspcious about my Short position
[09:38:04] <Lightenup> TF struggled to go up not struggling to go down
[09:38:55] <Lightenup> Now struggling to go up
[09:39:26] <Tigerman__> wow this morning I did a lot of confusion with my platform at the hend I m in profit regardless my trade error :)
[09:40:11] <wrbtrader> Shorts Emini ES @ 2036.75 -> large size
[09:40:39] <wrbtrader> 10 contracts re-entry...got a better entry than my prior Short
[09:41:14] <CaydenV> reg session gap filled on ym
[09:41:24] <wrbtrader> chop just took away that advantage
[09:41:43] <CaydenV> still quite a climb up for nq, es, and tf
[09:42:58] <CaydenV> 17600 is yes high on ym.
[09:44:07] <wrbtrader> starting to look like the price action is lost and waiting for the 10am est KME
[09:44:32] <Tigerman__> wow es spy moves like a snake it is also fast to move mt trail stop
[09:44:46] <CaydenV> yes-
[09:44:55] <CaydenV> KME in 15
[09:45:00] <Tigerman__> yeah my bias is short now but price not move strongly in that direction
[09:45:17] <wrbtrader> Covered all Emini ES Short @ 2036.50 --> + 0.25
[09:45:24] <wrbtrader> :(
[09:46:46] <CaydenV> with YM filling reg sess gap I'm leaning long- i liked the move off the 1:20 yesterday wrbhg
[09:47:27] <wrbtrader> Shorts Emini ES @ 2035.00 -> large size
[09:47:44] <wrbtrader> 10 contracts
[09:47:49] <wrbtrader> intuition
[09:48:56] <CaydenV> wild
[09:49:02] <wrbtrader> Covered all Emini ES Short @ 2037.25 --> - 2.25
[09:49:53] <Lightenup> Looks like all chop to me and ES and TF trying to fill gap like ym
[09:50:43] <CaydenV> dont forget the NQ- Ha!
[09:52:25] <CaydenV> one concearn i have if your looking to fill the reg session gap is the pre market volitility spike that did fill the gap but during globex- IDK what im talking about either- just that it happened so
[09:53:20] <CaydenV> YM was in that globex group with es, nq ant tf
[09:54:54] <eminimike> TF 5 min bars very choppy.. long wicks, small bodies
[09:55:47] <CaydenV> market sweeping for stops in chops
[09:56:22] <CaydenV> anticipating the 10 east kme
[09:57:43] <eminimike> definitely..
[09:58:33] <CaydenV> in 1 minute kme
[10:01:31] <CaydenV> market likes- looking to fill reg session gap now on nq, es and tf
[10:01:53] <CaydenV> bingo on the nq
[10:02:05] <wrbtrader> Emini ES futures filled in its regular session gap
[10:02:31] <CaydenV> tf only one left to fill that very gap
[10:03:55] <CaydenV> I'm spent
[10:04:14] <CaydenV> where's the open zone of S and R below?
[10:05:28] <eminimike> looks like no HG's after KME
[10:06:46] <Lightenup> The 1 min TF 10 am up wrbhg resistance is being tested
[10:07:37] <CaydenV> yep- might have to go back a few days- starting to look now- but i've been working the ON ever since the 1:20 east wrbhg was hit last night.
[10:08:55] <CaydenV> check that- we have open wrbhg from yes
[10:09:11] <CaydenV> quick look at a 15 minute
[10:10:22] <TradeSnake______> Long YM @ 16000
[10:10:38] <TradeSnake______> sorry 17600
[10:11:18] <TradeSnake______> Flat YM @ 17610 --> +10
[10:11:28] <wrbtrader> Emini ES futures did a breakout of the S area of that KME first WRB HG (Up WRB HG)...
[10:11:47] <wrbtrader> Then it snapback above that S area
[10:12:25] <CaydenV> reg session gap fill profits might have been the snap back ???
[10:13:16] <CaydenV> im sorry the snap down im speaking of is different from what you said wrbtrader- excuse me
[10:13:34] <wrbtrader> Shorts Emini ES @ 2038.50 -> large size
[10:14:05] <wrbtrader> That snapback allowed a chance for a better entry price...
[10:14:27] <wrbtrader> I had two no fills @ 2040.00 and 2039.50
[10:14:49] <wrbtrader> Yet, still able to get what I needed
[10:15:22] <wrbtrader> Now it just needs to pick up volatility to reduce the chance of being stopped out
[10:15:35] <CaydenV> Now are you at a place where "you might not be hanging around too long"?
[10:15:53] <wrbtrader> I'm where I want to be
[10:16:05] <wrbtrader> Just need some volatility to get a WRB pt1
[10:16:22] <wrbtrader> If contraction shows up...I'll dump this
[10:16:44] <CaydenV> on a 4 minute TOS candle- somehow the the wrbhg looks like a good magnet target for your short. IDK
[10:17:07] <wrbtrader> Covered all Emini ES Short @ 2037.25 --> + 1.25
[10:17:17] <wrbtrader> contraction
[10:17:24] <CaydenV> yep
[10:17:25] <wrbtrader> with chop
[10:17:30] <CaydenV> nice work
[10:19:19] <wrbtrader> 5min and 15min chart clearly show tight trading range
[10:19:28] <wrbtrader> Thus, I'm now going to be less aggressive in my trades
[10:20:07] <CaydenV> on a 2 minute candle I have a open wrbhg at 9:48 ym only not the es, nq and tf
[10:25:09] <wrbtrader> Emini futures essentially STUCK inside yesterday's RANGE of the last hour on the regular session chart
[10:26:23] * Racer_X____ (~Racer_X@LTVLPQ0403W-LP140-04-1279494384.dsl.bell.ca) has joined ##TheStrategyLab
[10:27:22] <Tigerman__> [16:02] <wrbtrader> Emini ES futures filled in its regular session gap wrbtrader thanks for this
[10:27:42] <Tigerman__> simply I changed a lot of chart and templates
[10:28:04] <Tigerman__> in last days and forget to set up the CME close on that
[10:28:19] <Tigerman__> I used the NY cash regular
[10:28:41] <CaydenV> I think we have crude oil in 1 minute
[10:29:05] <Tigerman__> now I set that right
[10:29:18] <CaydenV> low significance i think too
[10:31:41] <wrbtrader> Shorts Emini ES @ 2036.00 -> large size
[10:31:53] <wrbtrader> 10 contracts
[10:32:52] <wrbtrader> geeesh...volatility is "slowly" drying up
[10:34:25] * Retrieving ##TheStrategyLab modes...
[10:34:45] <CaydenV> below 2034.50 should get her rocking a bit
[10:36:39] <TradeSnake______> Large down WRB HG in GC
[10:36:41] <wrbtrader> Covered all Emini ES Short @ 2034.25 --> + 1.75
[10:36:55] <wrbtrader> pick pocketed on the trail :(
[10:37:28] <CaydenV> es has been dancing abobe and below 2034.50 since yes cash open
[10:37:30] <wrbtrader> Yet, still a WRB pt1
[10:37:40] <CaydenV> nice work
[10:38:51] <Lightenup> WRBHg on tf 1 and 2 mmin chart
[10:38:57] <TradeSnake______> Short YM @ 17590
[10:40:43] <TradeSnake______> Covered YM @ 17593 --> -3
[10:49:26] <eminimike> WRB HG forming on 5 min ES
[11:01:21] <eminimike> ES HG filled
[11:02:41] <CaydenV> what time frame qminimike? and are you using the body?
[11:03:32] <eminimike> 5 min,,,yes using candle bodies
[11:04:02] <eminimike> filled to the tick
[11:04:21] <eminimike> @ 2037
[11:04:58] <CaydenV> got it
[11:15:01] <TradeSnake______> Long YM 17630
[11:15:50] <Tigerman__> lg spy 204.7
[11:17:24] <TradeSnake______> Flat YM @ 17626 --> -4
[11:17:34] <Tigerman__> exit all 204.65 - 5tk
[11:19:08] <Tigerman__> lg spy 204.53
[11:20:34] <CaydenV> I'm going to ly in wait and set an alert for 2035.5 on the es mini- im looking at 2 minute- time to eat
[11:20:40] <Tigerman__> exit 2/3 60 +7t
[11:21:58] <Lightenup> TF finally filled the gap
[11:25:17] <Tigerman__> exit all rem Spy 80 +27 tks
[11:25:33] <Tigerman__> wrb pt1 reached
[11:26:24] <CaydenV> TF is such a Brat. Ha!
[11:30:17] <Tigerman__> lg spy 204.86
[11:31:04] <Tigerman__> exit 1/ 89 +3t
[11:34:18] <Tigerman__> exit all rem Spy at 205 +14 tk
[11:54:12] * mmm___ (~mmm@cpe-76-90-227-83.socal.res.rr.com) has joined ##TheStrategyLab
[12:02:37] * Lightenup (~Lightenup@110.77.171.118) has joined ##TheStrategyLab
[12:08:46] <Tigerman__> take care all see next time
[12:11:29] * Syzygy_____ (~Syzygy@71-217-88-161.tukw.qwest.net) has joined ##TheStrategyLab
[12:33:08] * xtrader34 (~xtrader34@pool-108-51-21-217.washdc.fios.verizon.net) has joined ##TheStrategyLab
[12:47:05] <CaydenV> finding S at the 2 minute es mini 10:38
[12:47:54] <CaydenV> 10:40 4 minute candle interesting too
[12:51:21] <CaydenV> stalling out
[12:53:54] <xtrader34> TF been in a slow drift down small WRB's 2min
[12:56:25] <CaydenV> no participation
[12:58:31] <xtrader34> CL is on the move broke the 50 level easy. Hard selling going on there all morning. Buying not freesible
[13:03:06] <CaydenV> nice slow move up less the TF
[13:03:15] <CaydenV> and RUT
[13:03:30] <xtrader34> Painful to watch too!
[13:03:53] <CaydenV> yep- im chicken
[13:05:44] <xtrader34> Just have to sit on your hands at this point. Very candles too 2 - 3 min
[13:05:57] <xtrader34> very small candles
[13:07:58] <xtrader34> Looks like CL is trying to make a move back up but I don't want to get involve with the chop that's taking place now
[13:09:39] <xtrader34> Waiting to see if we can retest the low first
[13:13:26] <CaydenV> yeah- best find a zone to play in
[13:14:06] <xtrader34> agree!
[13:15:17] <xtrader34> Low has been retested now I'm watching it like a hawk!
[13:19:22] <xtrader34> Zone created on that last move down 2 - 3 min. Now I'll wait and see!
[13:25:15] <CaydenV> on the 5 minute the e minis are all in or touched the 12:25 candle
[13:28:33] <CaydenV> the over head wrbhg is just that though- not a bonified zone me thiks and remembering yes conversation- we are in up tren cintinuation
[13:35:08] <xtrader34> CL stuck in the mud between 49.41 - 49.35. Looks like we just got a pop on to fizzle out
[13:35:26] <xtrader34> pop up
[13:35:46] <xtrader34> only to fizzle out
[13:39:30] <xtrader34> long 42 tight stop
[13:39:34] <CaydenV> going to renew an alert for yes 1:20 east 5 minute wrbhg. ES at or below 2033.50 worked in the ON so going to rest on that notion. For some odd reason I can see this closing in the lower half of the days range- IDK
[13:41:43] <xtrader34> stopped out for 5 ticks loss
[13:47:01] <xtrader34> short 49.20
[13:47:38] <xtrader34> tight stop
[13:49:02] <xtrader34> stop @ B/E /_\
[13:49:39] <xtrader34> Look at that baby go!
[14:09:09] <xtrader34> CL is in a nose dive
[14:39:23] * nadina______ (~nadina@host81-152-126-116.range81-152.btcentralplus.com) has joined ##TheStrategyLab
[15:40:29] <CaydenV> looks like she selling into the close
[15:44:38] <CaydenV> see if she settles down in the 2033 to 2030.75 area
[15:44:48] <CaydenV> that being the es
[16:02:11] * winmax200 (~androirc@S0106789684bf87b3.vw.shawcable.net) has joined ##TheStrategyLab
[16:18:37] * xtrader34 (~xtrader34@pool-108-51-21-217.washdc.fios.verizon.net) has joined ##TheStrategyLab
[16:21:07] <CaydenV> have a nice night everybody
[16:26:12] <xtrader34> you too bud!
Session Close: Thu Feb 05 00:00:00 2015

-------------------------

##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, Usd/Cad, Xau/Usd and Xag/Usd

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 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