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 Post subject: September 30th Wednesday - Futures, Forex, Stocks and ETFs
 Post Posted: Sat Oct 03, 2015 6:02 am 
Trader / Forum Admin

Joined: Tue Dec 16, 2008 1:02 am
Posts: 2848
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.

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

093015-Key-Price-Action-Markets.png [ 1.23 MiB | Viewed 206 times ]

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

Session Start: Wed Sep 30 07:21:10 2015
Session Ident: ##TheStrategyLab
[07:21:10] * Now talking in ##TheStrategyLab
[07:21:10] * 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'
[07:21:10] * Set by wrbtrader on Fri Dec 26 09:39:03 2014
[07:21:10] ##TheStrategyLab url is http://www.thestrategylab.com/tsl/forum/
[09:51:12] <Tigerman____> gn all
[09:51:25] <Tigerman____> slow action today
[09:55:44] <wrbtrader> Not much volatility...too bad because we got a decent regular session gap on the open...
[09:55:50] <wrbtrader> Yet, poor volatility
[09:55:53] <wrbtrader> :(
[09:56:24] <Tigerman____> yeah this kind of actopn give me lot of problems
[09:56:44] <lightenup> Last day of month and quarter. Companies squaring up theire books
[09:56:45] <Tigerman____> simply I m too much active end overtrade
[09:57:33] <wrbtrader> Tigerman, you've been trading this price action today so far ???
[09:58:26] <Tigerman____> today , good x me not a lot
[09:58:42] <Tigerman____> in contrast traded too much yesterday
[09:59:02] <Tigerman____> using fast chart like 10-15sec charts
[09:59:18] <wrbtrader> Too fast for me
[09:59:40] <Tigerman____> too hard and issue for commission too expensive to collect few ticks
[10:00:28] <Tigerman____> also fast charts not good to trade if overall vola is bad in higher charts like 1-2min
[10:00:55] <Tigerman____> simply they goes up/down pick up stop easy
[10:04:23] <Tigerman____> wrbtrader did you read about CME start trading end of thid year russel index ?
[10:04:41] <Tigerman____> not sure if is 2000 or 1000
[10:06:24] <wrbtrader> No
[10:06:44] <Tigerman____> I also read CME has close for ES,NQ at 4pm from last week , but my charts show same as before 4:15pm so I do know what does they mean
[10:06:52] <wrbtrader> I did know ICE was on contract for the TF but I didn't know when it was going to expire
[10:07:01] <wrbtrader> I just assume ICE keeps it
[10:07:27] <Tigerman____> yeah maybe CME will trade the 1000 index
[10:09:23] <Tigerman____> lg spy 191.03
[10:10:33] <Tigerman____> exit 2/3 191.25 +22 tk
[10:10:49] <wrbtrader> Must be another Russell product and not the TF
[10:11:18] <wrbtrader> because I thought ICE was locked in on TF until 2020
[10:11:40] <wrbtrader> then it either renews the contract or sells it to another exchange
[10:11:43] <Tigerman____> exit rem 1/3 191.16 +13tk
[10:26:22] <Tigerman____> 1905 in ES is a wall
[10:29:52] <Tigerman____> lg spy 191.28
[10:30:06] <Tigerman____> small size experiment
[10:32:13] <Tigerman____> exit all 191.28
[10:32:36] <Tigerman____> here s the wall I mentioned before
[10:37:28] <Tigerman____> lg spy 191.42
[10:38:23] <Tigerman____> exit 191.32 -10t
[10:42:28] <wrbtrader> Long Emini ES @ 1906.00 -> small size
[10:42:56] <wrbtrader> 5 contracts
[10:43:25] <Tigerman____> lg es 1906.25
[10:44:56] <Tigerman____> exit 1905.50 -3tk
[10:45:33] <wrbtrader> I suspected volatility would show up...
[10:45:38] <wrbtrader> Did not happen
[10:45:52] <wrbtrader> Instead, got the weird chop
[10:47:38] <Tigerman____> lg es 905.75 re-enter
[10:48:01] <wrbtrader> Exited all Emini ES Long @ 1906.00 --> 0
[10:48:16] <Tigerman____> exit all 906 +1 tk :(
[10:49:36] <Tigerman____> price action glued here
[10:51:26] <Tigerman____> price moving slowly up in range bound ripple
[10:51:34] <Tigerman____> choppy too
[10:51:42] <Tigerman____> simply nightmare action
[10:51:51] <TradeSnake______> Short GC @ 1112.1
[10:58:33] <Tigerman____> sh spy 190.93
[10:59:04] <Tigerman____> exit 2/3 88 +5t
[11:05:00] <Tigerman____> exit rem 1/3 190.80 +13t
[11:11:30] <TradeSnake______> Covered GC @ 1113.1 --> -1.0
[11:44:37] <Tigerman____> sh es 1897
[11:45:06] <Tigerman____> exit 2/3 1895 +8t
[11:46:35] <Tigerman____> exit rem 1896.50 +2t
[12:06:27] <Tigerman____> take care see next time
[13:21:44] <wrbtrader> I was ready at 1130am est to look for Short positions until I forgot I had a lunch appointment with my kids at their school.
[13:22:10] <wrbtrader> School allows parents to eat lunch with their kids at the school...once per month
[13:22:19] <wrbtrader> Today was that day for me :)
[13:23:09] <Corner> I hope the lunch at your school is better than at the school of my kids...
[13:23:57] <wrbtrader> Its a private school and it still looks like prison food in a third world country based upon what I've seen on TV
[13:23:58] <wrbtrader> :)
[13:24:21] <wrbtrader> They said its "very healthy"
[13:24:28] <Corner> Same here :-)
[13:24:45] <wrbtrader> Next time I bring my own lunch...sushi
[13:25:01] <Corner> They say it has to be that way, otherwise it wouldn't be healthy enough...
[13:26:06] <Corner> Mhhh. Sushi is a good idea for tonight...
[13:26:31] <wrbtrader> There was another Dad in there...he pulled out of his big lunch bag hot mashed potatoes with steaming gravy and steak...
[13:26:36] <wrbtrader> I almost jumped the guy
[13:26:45] <Corner> LOL
[13:32:29] <wrbtrader> Long Emini ES @ 1895.50 -> large size
[13:32:37] <wrbtrader> 5+5 contracts
[13:35:27] <wrbtrader> No such thing as a "safe trade"...
[13:35:48] <wrbtrader> That was the initial thought I had on this losing Long position :(
[13:36:14] <Corner> Lookes like a failed L1 followed by a failed H1 :-(
[13:36:28] <wrbtrader> one of those strange snapback upwards would be nice about now
[13:40:54] <wrbtrader> Exited all Emini ES Long @ 1896.00 --> + 0.5
[13:41:18] <wrbtrader> gotta take it eventhough its a "small WRB pt1"
[13:41:37] <wrbtrader> now the snapback shows up after my exit
[13:41:43] <wrbtrader> :(
[13:42:21] <wrbtrader> I always amazed by that aspect of trading...
[13:42:55] <wrbtrader> We can exit a trade and then seconds later...it takes off without us
[13:42:57] <wrbtrader> OR
[13:43:23] <wrbtrader> It suddenly reverses and we're feeling "lucky" we got out with a profit
[14:55:18] <winmax60> long es @1901.5
[14:56:11] <winmax60> exit @ 1903.50 +2
[15:26:28] <winmax60> es testing previous high..
[15:27:05] <lightenup> TF also testing previous high
[15:27:28] <Corner> Still looks like barb wire to me
[15:28:08] <lightenup> good analogy
[15:31:39] <Corner> Short ES mini 1904.25
[15:32:22] <Corner> Exit all ES mini 1905.25 -1.00
Session Close: Thu Oct 01 00:00:01 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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