Login    Forum    Search    FAQ



Post new topic Reply to topic Bookmark and Share  [ 1 post ] 
Author Message
 Post subject: June 5th Friday - Futures, Forex, Stocks and ETFs
 Post Posted: Sat Jun 06, 2015 11:36 am 
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)
wrbanalysis@gmail.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.

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:
060515-Key-Price-Action-Markets.png
060515-Key-Price-Action-Markets.png [ 1.04 MiB | Viewed 378 times ]

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

Session Start: Fri Jun 05 07:18:13 2015
Session Ident: ##TheStrategyLab
[07:18:13] * Now talking in ##TheStrategyLab
[07:18:13] * Topic is 'Chat room for traders that are using concepts from WRB Analysis to help improve their entry signals, initial stop/loss management, profitable trail stops or profit targets. WRB Analysis free study guide @ http://www.thestrategylab.com/tsl/forum ... 119&t=718'
[07:18:13] * Set by wrbtrader on Fri Dec 26 09:39:03 2014
[07:18:13] ##TheStrategyLab url is http://www.thestrategylab.com/tsl/forum/
[08:32:52] <wrbtrader> Long Emini ES @ 2090.25 -> large size
[08:33:15] <wrbtrader> 10 contracts
[08:35:19] <wrbtrader> Exited all Emini ES Long @ 2092.25 --> + 2
[08:36:34] <wrbtrader> Long Emini ES @ 2093.50 -> large size
[08:36:41] <wrbtrader> re-entry
[08:37:57] <wrbtrader> Exited all Emini ES Long @ 2092.25 --> - 1.25
[08:41:06] <wrbtrader> Long Emini ES @ 2091.00
[08:41:14] <wrbtrader> re-entry
[08:43:32] <wrbtrader> Exited all Emini ES Long @ 2092.00 --> + 1
[08:44:22] <wrbtrader> Long Emini ES @ 2093.25 -> large size
[08:44:35] <wrbtrader> re-entry
[08:45:03] <wrbtrader> WRB pt1 reached
[08:45:33] <wrbtrader> Exited all Emini ES Long @ 2094.00 --> + 0.75
[09:33:41] <wrbtrader> Shorts Emini ES @ 2091.50 -> small size
[09:33:53] <wrbtrader> 5 contracts
[09:34:35] <wrbtrader> Emini TF is below the lows of the 0930am est KME price action
[09:36:19] <wrbtrader> WRB pt1 reached
[09:37:51] <wrbtrader> Covered all Emini ES Short @ 2088.75 --> + 2.75
[09:38:08] <wrbtrader> Emini ES futures retested the same lows
[09:39:32] <wrbtrader> Shorts Emini ES @ 2087.00 -> large size
[09:39:50] <wrbtrader> 20 contracts
[09:42:06] <wrbtrader> Covered 3/4 Emini ES Short @ 2084.50 --> + 2.5
[09:44:08] <wrbtrader> Covered Remainder Emini ES Short @ 2086.50 --> + 0.5
[09:46:55] <wrbtrader> so far via the regular session chart...just continuation of the downtrend
[09:50:59] <wrbtrader> Shorts Emini ES @ 2087.00 -> large size
[09:51:09] <wrbtrader> 15 contracts
[09:52:54] <wrbtrader> Covered all Emini ES Short @ 2088.50 --> - 1.5
[09:59:04] <wrbtrader> Got lucky here...
[09:59:23] <wrbtrader> I have a Short signal and I ignored it...it would have stopped out for a loss
[10:00:36] <wrbtrader> It's thunder and lightning here in my area...
[10:01:21] <wrbtrader> If the power goes out and I get disconnected...you know what happened
[10:05:33] <mtntrader__> Ha, that stuff is supposed to happen when the volatility is contracted, not now.
[10:23:19] <wrbtrader> Long Emini ES @ 2096.25 -> large size
[10:24:03] <wrbtrader> I'm just rying to follow Emini TF futures here
[10:26:09] <wrbtrader> Exited all Emini ES Long @ 2097.50 --> + 1.25
[11:04:16] <wrbtrader> looks like rwbil continues having connection problems to the chat room on most trading days
[11:16:13] <mtntrader__> Short ES 2093.0
[11:20:09] <Tigerman__> hello everybody
[11:20:20] <mtntrader__> Covered all 2093.75, -.75
[11:20:49] <Tigerman__> just to busy in ordering my new powerful trading machine :)
[11:20:57] <Tigerman__> too busy
[11:21:23] <mtntrader__> What are you getting, Tigerman?
[11:21:28] <Tigerman__> also did fast trading not time to post it
[11:21:57] <Tigerman__> extreme Intel series
[11:22:14] <Tigerman__> plus dedicated 4k video out
[11:22:30] <Tigerman__> but what i spend too much time is the power supply
[11:23:15] <rwbil> you need GPU that supports Display Port 1.2 to get 4K at 60Hz
[11:23:19] <Tigerman__> simply from my engineering study I check too many details :)
[11:23:52] <rwbil> 5K Diplay Port 1.3 should be available soon
[11:24:13] <Tigerman__> simply some power suppy seems good at first are blow from others firm
[11:24:30] <Tigerman__> now platimum efficency are out
[11:24:55] <Tigerman__> less power lost and less money on elect bill
[11:25:21] <Tigerman__> yeah rbwil... yeah dedicated gpu
[11:25:31] <Tigerman__> and BIG 4K screen
[11:25:48] <rwbil> Ihave a 28" 4K monitor. What size did you get
[11:25:51] <Tigerman__> I m also a gamer :)
[11:26:09] <Tigerman__> I ll go x 60"" or more
[11:26:24] <Tigerman__> 3 of them in my plan
[11:26:32] <rwbil> Do they make computer monitor that size or just TV
[11:26:54] <Tigerman__> no just TV quality very high these days
[11:27:12] <rwbil> most just have HDMI input limiting you to 30 Hz
[11:27:17] <rwbil> at 4K
[11:27:26] <rwbil> and most just TN panel
[11:27:57] <Tigerman__> yeah I ll have to check the refresh rate on that TV
[11:28:24] <Tigerman__> not sure if 24/30HZ can be an issue on eye strain
[11:28:40] <rwbil> of course mine is a TN panel. Eventually if I ever make money I want to get a 40" IPS panel
[11:28:51] <Tigerman__> what do you mean by TN ?
[11:29:05] <Tigerman__> yeah IPS panel is what I plan to get
[11:29:25] <rwbil> That is the panel. viewing angle and sharpness not as good as IPS. You can google it
[11:29:52] <Tigerman__> ah ok standard panel yeah PIS better
[11:30:17] <Tigerman__> simply I want BIG screen around the room
[11:31:04] <rwbil> when I looked at GPUs the best I saw could drive 3 4K monitors
[11:31:31] <Tigerman__> I ll put my key on vendor shop and test which panel see better
[11:31:50] <Tigerman__> check NVIDIA
[11:32:07] <Tigerman__> very good and low power
[11:32:27] <Tigerman__> rwbil what power supply you have or counsel ?
[11:32:42] <rwbil> you can go to PCPartpicker.com to see price history on any part you are going to buy
[11:33:13] <Tigerman__> ok I ll check it thanks
[11:34:06] <Tigerman__> my former eng work destroy me on too many details like japan condenser low fan extra fluid coil :9
[11:34:18] <rwbil> my biggest decision on PS was whether to get modular or not. But mine is 750W
[11:34:30] <Tigerman__> simply nowdays too many options to chose from
[11:35:09] <Tigerman__> yeah modular nice to artistic space
[11:35:36] <Tigerman__> I also need good impression on frends :)
[11:35:43] <rwbil> I just waited for sales and then researched to see if it was good enough
[11:36:04] <Tigerman__> what mosel of PSU do you have ?
[11:36:08] <Tigerman__> model
[11:36:14] <rwbil> the one I got not modular. a lot of cables to cram in
[11:36:32] <rwbil> I got the Roswell Capstone - a newegg product on sale
[11:37:07] <Tigerman__> Ok I have to decide on Enermax Antec or Corsair
[11:37:44] <rwbil> I just looked at reviews to make sure the PS was not junk and just waited for a sale to get the best deal
[11:37:45] <Tigerman__> in contrast I got many PC with cheap PSU but never an issue most of the time
[11:38:30] <rwbil> Depends on what you have. I should check my GPU but it is HUGH with 3 fans
[11:38:45] <rwbil> I had to remove bays and reroute wires to make it fit
[11:39:02] <rwbil> and it takes to connection from the PS
[11:39:40] <Tigerman__> if not need game energy hungry cards no required
[11:39:46] <rwbil> but is has 3 DP 1.2 to drive 3 4K monitors, plus HDMI, DVI and etc
[11:39:55] <Tigerman__> usually I use PS3/4 for game
[11:40:17] <Tigerman__> Invidia cards very low in power
[11:40:24] <Tigerman__> but higher in cost
[11:40:25] <rwbil> if you looking to drive 3 4K monitors you need a pretty hefty GPU
[11:40:46] <rwbil> mine is nvidia chip. Gigabyte GPU
[11:40:54] <Tigerman__> yeah Nvidia pro is the most udes in trading room
[11:41:10] <Tigerman__> but not ok x game
[11:41:30] <Tigerman__> usually I sey different PC x different task
[11:42:08] <rwbil> I was just looking for the least expensive GPU that would do the functions I wanted and that had good reviews.
[11:43:11] <Tigerman__> yeah we need entry in our budget
[11:43:29] <Tigerman__> rwbil.. seems you got many issue to connect to this chat
[11:43:39] <rwbil> after big down then up the down now TF just in consolidation
[11:43:44] <Tigerman__> at last seems you fix it
[11:44:24] <rwbil> every time I loss connection have to reconnect and it just never does. It can literally take hours to connect back up. IMO MIRC is junk
[11:45:37] <Tigerman__> I have to go now
[11:45:47] <Tigerman__> thanks x chat rwbil
[11:45:50] <rwbil> good luck with that PC
[11:46:00] <Tigerman__> thanks :)
[11:46:25] <Tigerman__> take care all have a safe weekend all see next week
[14:15:47] <wrbtrader> rwbil...there are about 50 different free software to connect to the chat room...
[14:15:54] <wrbtrader> mIRC is just one of them
[14:18:18] <wrbtrader> Many are PC, Mac and Android
[14:19:11] <mtntrader__> Trillian works well.
[14:19:39] <wrbtrader> Trillian, Nettalk, HydraIRC, KiwiIRC, TrashIRC, HexChat, ChatZilla and many more
[14:20:03] <wrbtrader> I've used them all at one time or another...they work great
[14:20:32] <wrbtrader> Yet, each can do something the others can't do while using IRC
[14:21:45] <Corner> ES-Mini 5min - expanding triangle forming after HRB-HG up
[14:59:13] <wrbtrader> correlation problem within the Eminis has been a major problem this year so far...as most believe (I agree with) to be the result of Algo trading
[15:00:20] <wrbtrader> Its the reason why more traders are attempting to trade different Emini futures "at the same time"...
[15:00:58] <wrbtrader> That way if one moves one direction and the other does not...they can profit in one while trying to minimize the loss in the other
[15:01:39] <wrbtrader> The other issue is the "thin price levels" also an issue of Algo trading.
[15:02:04] <wrbtrader> In the past, large size positions were an indication of institutional involvement.
[15:03:31] <wrbtrader> In contrast, today in current market environment, Algos help institutional "hide" their large size positions via trading 1 - 3 contracts (accumlating them) in a very small during of time involving less than 15 minutes of price action trading
[15:04:07] <wrbtrader> You can see this in that strange very choppy price action
[15:04:38] <wrbtrader> and/or sudden volatility spike out of nowhere
[15:21:22] <mtntrader__> Yes, the TF has been trending for quite a while today, while the NQ and ES are stuck in the mud.
[15:49:40] <mtntrader__> See you all next week. Have a good weekend.
[15:51:04] * ChanServ sets mode: +o wrbtrader
[15:51:13] <@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.
[15:52:05] <@wrbtrader> Long Emini TF @ 1258.90 -> small size
[15:52:19] <@wrbtrader> 2 contracts
[15:58:39] <@wrbtrader> trailing @ profit
[16:00:19] <@wrbtrader> Exited all Emini TF Long @ 1259.60 --> + 0.7
[16:01:54] <@wrbtrader> Take care all and have a nice weekend
[19:54:15] * Disconnected
Session Close: Fri Jun 05 19:54:15 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
wrbanalysis@gmail.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 2 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