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 Post subject: June 19th Friday - Futures, Forex, Stocks and ETFs
 Post Posted: Fri Jun 19, 2015 5:01 pm 
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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

##TheStrategyLab Archive Chat Logs

Attachment:
061915-Key-Price-Action-Markets.png
061915-Key-Price-Action-Markets.png [ 1 MiB | Viewed 337 times ]

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

Session Start: Fri Jun 19 09:34:21 2015
Session Ident: ##TheStrategyLab
[09:34:21] * Now talking in ##TheStrategyLab
[09:34:21] * 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'
[09:34:21] * Set by wrbtrader on Fri Dec 26 09:39:03 2014
[09:34:22] ##TheStrategyLab url is http://www.thestrategylab.com/tsl/forum/
[09:39:11] <wrbtrader> Shorts Emini ES @ 2110.75 -> large size
[09:39:59] <wrbtrader> WRB pt1 reached
[09:41:12] <wrbtrader> Covered 2/3 Emini ES Short @ 2108.50 --> + 2.25
[09:42:33] <wrbtrader> Covered Remainder Emini ES Short @ 2108.00 --> + 2.75
[09:43:16] <jpan> amazing how u have the balls to get in at such a low price already and still be profitable pretty consistently
[09:43:43] <wrbtrader> Take a look at Monday...I got my butt kicked :(
[09:44:31] <jpan> you were down on Monday?
[09:44:59] <Tigerman__> gm all
[09:45:04] <wrbtrader> Yeah, I'm not afraid to Short the lows or any support area. Just the same, I'm not afraid the Long the highs or any resistance area.
[09:45:04] <jpan> hence why i said overall consistent lol
[09:45:09] <Tigerman__> confusing situation yet
[09:45:26] <jpan> yea, my psych cant do that very well yet
[09:45:38] <wrbtrader> Yeah, Mondy was a tough trading day for me.
[09:45:45] <wrbtrader> a losing day
[09:47:17] <jpan> still aint bad being down 1 day out of the month lol
[09:47:33] <jpan> its the overall statistics that counts
[09:47:44] <wrbtrader> I don't mind losing.
[09:47:54] <wrbtrader> The issue is how did I lose ?
[09:48:14] <wrbtrader> If I followed my plan for the day and lost...its OK
[09:48:17] <jpan> yea, same here.. it comes down to just how well you manage the trade for me too
[09:48:34] <wrbtrader> If I didn't follow my plan and lost...its not OK
[09:48:42] <jpan> yup
[09:48:54] <wrbtrader> Most of Monday I did not follow my plan...that type of losing day hurts the most
[09:49:41] <wrbtrader> Shorts Emini ES @ 2108.00 -> small size
[09:49:54] <wrbtrader> 5 contracts
[09:50:36] <wrbtrader> I just had some data stalls that made one of my charts look strange...reason why I lower my position size
[09:51:06] <Tigerman__> sh ES 2108.25
[09:51:29] <Tigerman__> exit 1/2 @ .50 - 1t
[09:51:33] <wrbtrader> Covered all Emini ES Short @ 2108.00 --> 0
[09:51:40] <Tigerman__> just erroe wanna exit at .25
[09:51:46] <wrbtrader> will try to get this at a higher price
[09:52:10] <wrbtrader> Shorts Emini ES @ 2109.00 -> large size
[09:52:11] <Tigerman__> exit all rem 2107.72 +2t
[09:52:15] <wrbtrader> re-entry
[09:52:22] <wrbtrader> 10 contracts
[09:52:23] <jpan> bouncing off daily pivot
[09:56:10] <wrbtrader> Covered all Emini ES Short @ 2108.75 --> + 0.25
[09:56:21] <wrbtrader> lost my patience
[09:56:25] <wrbtrader> early exit
[09:56:46] <wrbtrader> Had a great re-entry and I expected it to roll over southward fast...didn't happen
[09:56:49] <jpan> 2109L ES small
[09:57:27] <Tigerman__> yeah I did a short attempt outhere
[09:57:41] <jpan> based off up HG
[09:57:45] <Tigerman__> no fill miss entry via 1 tick
[09:57:58] <Tigerman__> follow action anyway
[09:58:22] <Tigerman__> simply too contracting and also a spyke way up
[09:58:50] <Tigerman__> simply if price not moves fast I lose my patience
[09:59:41] <jpan> 2109.75 out 1
[09:59:49] <wrbtrader> A lot of conflict right now
[10:01:03] <wrbtrader> All session chart is down since it broke below the S area of the contracting volatility around 0844am est
[10:01:46] <wrbtrader> In contrast, regular session chart is currently just a pullback in a low volatility tight trading range
[10:01:59] <wrbtrader> Basically and small downtrend inside a Up Trend
[10:02:21] <jpan> 2110 all out
[10:03:14] <jpan> but ill take the range trade, my comfort zone lol
[10:05:33] <mtntrader__> Short ES 2110.00
[10:06:30] <jpan> 15.25s big size NQ
[10:07:54] <wrbtrader> I'm sideline...will just watch how this plays out and we don't have any KMEs to help with the volatility
[10:08:29] <wrbtrader> Hopefully volatility shows up soon
[10:08:51] <wrbtrader> It started the day with volatility as it usually does...but it quickly dried up
[10:08:52] <mtntrader__> Covered all at scratch
[10:09:32] <jpan> 19.5 out
[10:11:56] <jpan> 17s reattempt
[10:12:18] <mtntrader__> Short ES 2110.50
[10:14:06] <jpan> alil early =P
[10:16:08] <jpan> 15s add
[10:21:44] <mtntrader__> Covered at scratch again
[10:21:51] <jpan> 18 all out
[10:26:19] * ChanServ sets mode: +o wrbtrader
[10:26:30] <@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.
[10:50:26] <Tigerman__> take care have a safe weekend see all next week
[10:51:56] <@wrbtrader> Long Emini ES @ 2110.25 -> small size
[10:52:14] <@wrbtrader> 5 contracts
[10:52:58] <@wrbtrader> trade via the price action of Emini TF futures
[10:53:29] <mtntrader__> Yes, I have been noticing the TF is leading higher.
[10:53:38] <@wrbtrader> In hindsight, should have taken the trade in Emini TF instead of Emini ES because ES is dragging more in its volatility than TF
[10:56:22] <@wrbtrader> Exited all Emini ES Long @ 2110.75 --> + 0.5
[10:57:02] <@wrbtrader> Emini ES futures doesn't seem interested in trying to catch up with Emini TF futures
[11:01:14] <@wrbtrader> Long Emini TF @ 1282.00 -> small size
[11:01:24] <@wrbtrader> 1+1 contracts
[11:20:40] <@wrbtrader> That's a ton of contracting volatility
[11:42:24] <@wrbtrader> Exited all Emini TF Long @ 1281.70 --> - 0.3
[11:42:49] <@wrbtrader> no more patience for me on that trade
[13:40:22] <TradeSnake______> Short YM @ 17995
[13:51:35] <TradeSnake______> Covered YM @ 17989 --> +6
[14:33:47] <jpan> fridays are horrible, im done, peace out guys
[14:34:23] <mtntrader__> Have a good weekend, jpan
[14:57:43] <@wrbtrader> Just got back in
[15:22:53] <@wrbtrader> Shorts Emini TF @ 1279.40 -> small size
[15:23:38] <@wrbtrader> Shorting near the S area of reacent contracting volatility
[15:24:40] <@wrbtrader> 2 contracts
[15:34:26] <@wrbtrader> Covered all Emini TF Short @ 1279.80 --> - 0.4
[15:40:42] <@wrbtrader> Long Emini TF @ 1280.40 -> small size
[15:40:52] <@wrbtrader> 1+1+1 contrats
[15:50:15] <@wrbtrader> Exited 2/3 Emini TF Long @ 1281.70 --> + 1.3
[15:50:26] <@wrbtrader> WRB pt1 reached
[15:50:46] <@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.scribd.com/wrbtrader
[15:59:59] <@wrbtrader> Exited Remainder Emini TF Long @ 1280.60 --> + 0.2
[16:01:38] <@wrbtrader> That's a big retracement after nearing the top of the range
[16:02:27] <@wrbtrader> Different tales today between Emini ES futures versus Emini TF futures
[16:02:48] <@wrbtrader> Emini TF today was more suitable for "range traders" or mean reversaion
[16:03:07] <@wrbtrader> Emini ES today was more suitable for "trend traders" or continuation
[16:04:16] <@wrbtrader> Take care all, have a nice weekend, a nice FATHERS DAY and see all on Monday
[16:11:17] <mtntrader__> You too wrbtrader
[18:00:30] * Disconnected
Session Close: Fri Jun 19 18:00:30 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


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