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 Post subject: February 25th Wednesday - Futures, Forex, Stocks and ETFs
 Post Posted: Sat Feb 28, 2015 11:17 am 
Trader / Forum Admin

Joined: Tue Dec 16, 2008 1:02 am
Posts: 2564
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.

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

022515-Key-Price-Action-Markets.png [ 1.07 MiB | Viewed 64 times ]

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

Session Start: Wed Feb 25 08:52:37 2015
Session Ident: ##TheStrategyLab
[08:52:37] * Now talking in ##TheStrategyLab
[09:30:38] <wrbtrader> Today's KMEs @ 1000am and 1030am est
[09:30:45] * Tigerman__ (~Tigerman@host94-233-dynamic.17-79-r.retail.telecomitalia.it) has joined ##TheStrategyLab
[09:31:45] <wrbtrader> The past 7 trading days has been tough
[09:31:55] <wrbtrader> not a lot to bite on
[09:32:06] <wrbtrader> and then what shows up...doesn't last long
[09:33:11] <Tigerman__> gm all
[09:33:43] <Tigerman__> hi wrbtrader I m totally agreed with that
[09:34:02] <Tigerman__> thats frustrating :(
[09:35:36] <Volker__> I felt the need to research counter trend strategies (that is not a good sign, I think) ;-)
[09:36:56] <Tigerman__> I feel it is better do something else
[09:37:23] <Tigerman__> instead trading this junk
[09:37:43] <wrbtrader> Shorts Emini TF @ 1230.60 -> small size
[09:37:51] <Tigerman__> the issue is when you leave market jump in strong move without you
[09:37:53] <wrbtrader> 2+1 contracts
[09:39:42] <wrbtrader> shallow WRB pt1 reached
[09:40:15] <wrbtrader> Covered all Emini TF Short @ 1230.90 --> - 0.3
[09:40:25] <wrbtrader> snapback
[09:40:50] <wrbtrader> Shorts Emini TF @ 1231.00 -> small size
[09:40:57] <wrbtrader> re-entry
[09:41:23] <wrbtrader> Covered all Emini TF Short @ 1230.70 --> + 0.3
[09:41:28] <wrbtrader> :(
[09:42:43] <wrbtrader> back to back shake outs
[09:44:08] <wrbtrader> Shorts Emini TF @ 1230.00 -> small size
[09:44:15] <wrbtrader> re-entry
[09:48:34] <wrbtrader> Covered all Emini TF Short @ 1230.70 --> - 0.7
[09:49:03] <wrbtrader> stop was at 1231.00
[09:49:32] <wrbtrader> Shorts Emini TF @ 1230.40 -> small size
[09:49:40] <wrbtrader> re-entry again :(
[09:50:26] <wrbtrader> starting to feel like one of those days
[09:51:32] <wrbtrader> too many long shadow intervals...
[09:51:38] <wrbtrader> starting to spook me
[09:54:35] <wrbtrader> Covered all Emini TF Short @ 1229.40 --> + 1
[09:54:46] <Tigerman__> tough start many shake out on my IWM trades
[09:54:55] <CaydenV> market could be anticapating lower #s on NEW home sales 'cause of weather
[09:54:59] <wrbtrader> WRB pt1 reached
[09:55:05] <Tigerman__> too focused on my platform to post here
[09:55:29] <Tigerman__> at last TF iwm done a wrb pt1
[09:55:49] <Tigerman__> issue needed many entry to reach that one x me
[09:56:08] <Tigerman__> and every entry has some loss with it :(
[09:56:35] <Tigerman__> correction... some entry has loss others only t5iny profit
[09:59:16] <CaydenV> KME in one
[10:00:11] <wrbtrader> The Zones I was using via RT200V are now filled...
[10:00:25] <CaydenV> nq finding its way into the first 15 minute sell tale
[10:00:45] <wrbtrader> I'm now sidelined unless Emini TF produces its own Zones or RT200s move strongly up or down
[10:05:33] <CaydenV> right- looks like we could be in for a narrow range day
[10:09:22] <wrbtrader> Emini TF via the 1min chart has put in two higher closing Up WRBHG intervals
[10:10:59] <wrbtrader> Long Emini TF @ 1232.00 -> small size
[10:11:10] <wrbtrader> 3 contracts
[10:11:48] <Tigerman__> lg iwm 63
[10:13:33] <wrbtrader> Exited all Emini TF Long @ 1232.10 --> + 0.1
[10:13:38] <wrbtrader> geeeesh
[10:13:58] <Tigerman__> exit all iwm 63 :(
[10:14:08] <wrbtrader> perfect entry gone to waste
[10:14:33] <Tigerman__> today if price NOT move clear I leave soon
[10:14:47] <Tigerman__> too tired of this junk
[10:15:01] <Tigerman__> it is not a market for newbee
[10:31:17] <Lightenup> TF 2 min had 2 higher closes after wrbhg
[10:50:31] <CaydenV> m: Yellen Q&A: not interested in only rules-based policy
[10:50:31] <CaydenV> Yellen Q&A: not interested in only rules-based policy, she said this would overly tie the Fed's hand and not be practical. She also noted that any change in forward guidance would mean the Fed wishes to consider whether or not to raise the funds rate. Yellen also confirmed that the Fed is not interested in modifying Dodd-Frank legislation. :theflyonthewall.co
[10:51:51] <CaydenV> Very complicated world if ya ask me
[11:25:05] <Tigerman__> NQ near all time high of spring 2000
[11:25:51] <Tigerman__> question now is will continue his run of follow the story of dot com bubble )
[11:27:09] <Tigerman__> take account purchase power people bought at those time are still in loss
[12:08:42] <Tigerman__> take care all see next time
[12:10:28] <TradeSnake______> Long YM @ 18202
[12:11:24] <CaydenV> ll.com: Yellen Q&A: expecting to see upward pressure on wages
[12:11:24] <CaydenV> Yellen Q&A: expecting to see upward pressure on wages in a tighter job market, the Fed Chair said that increases in minimum wages (think Wal-Mart) was "hopefully a good sign." Yields may have gotten a little lift back to session highs on these remarks, though the reality is that the global slowdown and weak energy prices have dampened any inflation creep from nascent wage hikes. Yellen
[12:11:24] <CaydenV> explicitly said in her written testimony that "the labor force participation rate is lower than most extimates of its trend, and wage growth remains sluggish, suggesting some cyclical weakness persists." So this may be more wishful thinking for now than a projection. :the
[12:14:21] * xtrader34_ (~xtrader34@pool-108-51-98-15.washdc.fios.verizon.net) has joined ##TheStrategyLab
[12:46:00] * mmm___ (~mmm@cpe-76-90-227-83.socal.res.rr.com) has joined ##TheStrategyLab
[12:51:21] <CaydenV> all tine Nasdaq higs at 4456, es tapping ON highs with yes cash highs at 2115.75. The little choo choo that could
[12:52:49] <CaydenV> may not get the retrace to the 11:18 Z...
[14:26:04] <CaydenV> good thing we have a turnstyle door- LOL
[14:26:14] * rwbil1 (~rwbil@c-73-35-45-110.hsd1.fl.comcast.net) has joined ##TheStrategyLab
[14:27:44] <CaydenV> TF now below reaction low and into the open11:18- 3 minute
[14:28:54] * rwbil (~rwbil@c-73-35-45-110.hsd1.fl.comcast.net) has joined ##TheStrategyLab
[14:29:19] <CaydenV> could well get a FVB in 1 40 seconds
[14:29:27] <CaydenV> that is on the TF
[14:31:03] <CaydenV> Herami on the ES above the zone
[14:31:33] * rwbil1 (~rwbil@c-73-35-45-110.hsd1.fl.comcast.net) has joined ##TheStrategyLab
[14:32:29] <wrbtrader> No trades for me this afternoon due to being sick :(
[14:32:40] <wrbtrader> Take care all and see all tomorrow
[14:32:51] <xtrader34_> ok get better!
[14:33:04] <CaydenV> sorry to hear that Mr Wrbtrader- what you got?
[14:34:11] * rwbil (~rwbil@c-73-35-45-110.hsd1.fl.comcast.net) has joined ##TheStrategyLab
[14:34:34] <CaydenV> yep - get well soon
Session Close: Wed Feb 25 17:58:39 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 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
Go Back To TheStrategyLab.com Homepage

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