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 Post subject: October 29th Thursday - Futures, Forex, Stocks and ETFs
 Post Posted: Fri Oct 30, 2015 2:52 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:
102915-Key-Price-Action-Markets.png
102915-Key-Price-Action-Markets.png [ 1.19 MiB | Viewed 307 times ]

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

Session Start: Thu Oct 29 06:40:15 2015
Session Ident: ##TheStrategyLab
[06:40:15] * Now talking in ##TheStrategyLab
[06:40:15] * 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'
[06:40:15] * Set by wrbtrader on Fri Dec 26 09:39:03 2014
[06:40:16] ##TheStrategyLab url is http://www.thestrategylab.com/tsl/forum/
[06:43:29] <BobC__> unless we completely take out yest rise in CL, we will have a large HG on daily
[08:13:23] <BobC__> and the HG on CL Daily does not qualify...HG 3rd candle back filled
[09:27:34] <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.
[09:27:50] * ChanServ sets mode: +o wrbtrader
[09:28:01] <@wrbtrader> Good morning all
[09:28:19] <BobC__> GM wrb
[09:30:41] <Corner> Good morning all
[09:32:29] <@wrbtrader> Shorts Emini ES @ 2079.00 -> large size
[09:32:40] <@wrbtrader> 20 contracts
[09:34:28] <lightenup1> short ym 17650
[09:35:42] <lightenup1> flat ym 17648 +2
[09:35:56] <@wrbtrader> Covered all Emini ES Short @ 2079.50 --> - 0.5
[09:38:42] <@wrbtrader> Long Emini ES @ 2080.25 -> large size
[09:39:48] <@wrbtrader> still @ 20 contracts and volatility already starting to have problems
[09:39:52] <@wrbtrader> :(
[09:41:23] <@wrbtrader> We may have another one of those days where one of the Eminis take off on a volatility spike while the others sit there frozen and wondering what the heck is going on
[09:44:56] <@wrbtrader> Exited all Emini ES Long @ 2081.50 --> + 1.25
[09:45:03] <@wrbtrader> :(
[09:45:14] <@wrbtrader> Emini ES doing those weird "fuzzy fills"
[09:45:16] <@wrbtrader> :(
[09:45:31] <xtrader34__> KME's have had no real effect on the markets lately
[09:45:59] <@wrbtrader> As if someone calls someone up and says..."I'm your biggest client...I don't care the price is 1 point away now...I want that fill price"
[09:46:01] <@wrbtrader> :)
[09:46:32] <xtrader34__> hahaha
[09:46:36] <TradeSnake______> Short GC @ 1152.0
[09:47:07] <@wrbtrader> Price hits 2082 and then the next tick is 2081.25 on some size and then the next tick is back at 2082
[09:47:27] <@wrbtrader> I call that a "fuzzy fill" (special treatment)
[09:47:29] <@wrbtrader> :)
[09:49:10] <Corner> wrbtrader - I heard of algos, that try to predict the position of S/L orders to trigger them...
[09:49:20] <Corner> Don't know if that is possible in the ES
[09:49:34] <Corner> ...and profitable...
[09:51:16] <@wrbtrader> Cornor...I've read about that once but can't remember where
[10:00:56] <@wrbtrader> Shorts Emini TF @ 1169.20 -> small size
[10:01:06] <@wrbtrader> 1+2 contracts
[10:01:26] <TradeSnake______> Covered GC @ 1154.7 --> -2.7
[10:03:08] <@wrbtrader> Shorts Emini ES @ 2079.00 -> large size
[10:03:14] <@wrbtrader> 10 contracts
[10:03:39] <@wrbtrader> snapback UP
[10:05:30] <@wrbtrader> Covered all Emini TF Short @ 1171.50 --> - 2.3
[10:06:43] <@wrbtrader> Exit all Emini ES @ 2082.50 -> -3.50
[10:08:09] <@wrbtrader> Emini TF back to that R area of the Down WRB HG interval 1min chart
[10:08:56] <@wrbtrader> Long Emini ES @ 2083.50 -> large size
[10:09:08] <@wrbtrader> 10 contracts
[10:09:24] <@wrbtrader> Emini TF briefly above it
[10:10:54] <@wrbtrader> So far the price action has been defending the price area of the start of yesterday's FOMC Announcement
[10:13:13] <@wrbtrader> Exited all Emini ES Long @ 2083.25 --> - 0.25
[10:13:34] <@wrbtrader> strange range
[10:13:55] <@wrbtrader> Stuck between the high of yesterday and the FOMC beginning price action
[10:15:35] <@wrbtrader> Long Emini ES @ 2082.75 -> large size
[10:15:44] <@wrbtrader> re-entry
[10:17:10] <@wrbtrader> Exited all Emini ES Long @ 2082.00 --> - 0.75
[10:17:47] <@wrbtrader> Long Emini ES @ 2081.75 -> large size
[10:17:54] <@wrbtrader> re-entry
[10:19:44] <@wrbtrader> Exited all Emini ES Long @ 2081.00 --> - 0.75
[10:19:57] <@wrbtrader> right back where it started :(
[10:21:08] <@wrbtrader> Shorts Emini ES @ 2080.75 -> large size
[10:21:23] <@wrbtrader> 10+10 contracts
[10:22:33] <@wrbtrader> So far today all snapbacks have gone against me...
[10:22:42] <@wrbtrader> I have not caught one in my favor today :(
[10:24:19] <@wrbtrader> :(
[10:24:40] <@wrbtrader> I forgot about how problematic this 2079 price area has been for me today :(
[10:26:30] <@wrbtrader> Covered 1/2 Emini ES Short @ 2079.75 --> + 1
[10:26:52] <@wrbtrader> Covered Remainder Emini ES Short @ 2080.00 --> + 0.75
[10:27:03] <@wrbtrader> Its trying to do a snapback UP
[10:28:57] <@wrbtrader> Now the price action in the Emini futures has become a range game between the R and S areas of today
[10:29:24] <@wrbtrader> While Forex GbpUsd and Crude Oil CL futures are trending upwars
[10:31:28] <@wrbtrader> snapback Down and then back UP
[10:32:25] <@wrbtrader> Shorts Emini ES @ 2078.25 -> large size
[10:32:33] <@wrbtrader> 20 contracts
[10:32:48] <@wrbtrader> re-entry
[10:34:54] <@wrbtrader> As my kids would say when they were little..."something is stinky stink". Not realizing it was themselves
[10:34:55] <@wrbtrader> :(
[10:37:25] <@wrbtrader> Covered all Emini ES Short @ 2079.25 --> - 1
[10:38:02] <@wrbtrader> not a stop out...
[10:38:09] <@wrbtrader> Just a stinky stink trade
[10:38:37] <@wrbtrader> Yet, my experience is kicking in now about this type of snapback
[10:38:42] <@wrbtrader> back down
[10:39:04] <@wrbtrader> Shorts Emini ES @ 2078.50 -> large size
[10:39:10] <@wrbtrader> re-entry
[10:39:50] <@wrbtrader> First snapback in my favor but its having problems holding lower
[10:42:16] <@wrbtrader> Covered all Emini ES Short @ 2078.00 --> + 0.5
[10:42:33] <@wrbtrader> :(
[10:42:37] <@wrbtrader> punks
[10:42:52] <@wrbtrader> 2079.00
[10:44:04] <@wrbtrader> snapback UP
[10:48:43] <@wrbtrader> Shorts Emini ES @ 2078.25 -> large size
[10:48:52] <@wrbtrader> re-entry
[10:49:23] <@wrbtrader> Caught a snapback...hopefully it will stabilize lower instead of snapping back UP
[10:50:27] <@wrbtrader> If it does snapback UP...its heading back to that 2079 price area
[10:51:10] <@wrbtrader> Covered 1/2 Emini ES Short @ 2076.00 --> + 2.25
[10:53:36] <@wrbtrader> that 1/2 was at a WRB pt1
[10:55:56] <@wrbtrader> :(
[10:56:47] <@wrbtrader> Covered Remainder Emini ES Short @ 2078.00 --> + 0.25
[10:57:45] <@wrbtrader> They're doing a good job today in defending the FOMC price start from yesterday
[10:59:28] <@wrbtrader> lunch time
[11:27:27] <@wrbtrader> Shorts Emini ES @ 2077.75 -> large size
[11:27:36] <@wrbtrader> 15 contracts
[11:28:27] <@wrbtrader> snapback UP :(
[11:30:40] <@wrbtrader> Covered all Emini ES Short @ 2079.50 --> - 1.75
[11:34:06] <@wrbtrader> Long Emini ES @ 2080.75 -> large size
[11:35:51] <@wrbtrader> Exited all Emini ES Long @ 2080..75 --> + 2080..75 - 2080.75
[11:36:08] <@wrbtrader> Exited all Emini ES Long @ 2080.75 --> 0
[11:36:38] <@wrbtrader> looking for a re-entry at a lower price
[11:36:58] <@wrbtrader> I just didn't like how this contracted after my entry
[13:24:13] <lightenup1> E mini futures not in sync with the russel.
[13:50:18] <@wrbtrader> Shorts Emini ES @ 2079.25 -> large size
[13:50:38] <@wrbtrader> 5+10 contracts
[13:57:28] <@wrbtrader> Covered all Emini ES Short @ 2078.00 --> + 1.25
[13:57:44] <@wrbtrader> shallow WRB pt1 reached
[13:58:39] <@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
[14:00:28] <@wrbtrader> Shorts Emini ES @ 2077.75 -> large size
[14:00:36] <@wrbtrader> :(
[14:00:47] <@wrbtrader> 10 contracts
[14:05:23] <@wrbtrader> Covered all Emini ES Short @ 2079.25 --> - 1.5
[14:10:33] <@wrbtrader> Shorts Emini ES @ 2079.00 -> large size
[14:10:42] <@wrbtrader> 10 contracts
[14:11:16] <@wrbtrader> This 2079.00 price area has been a big pain in the butt all day today
[14:13:35] <@wrbtrader> Covered all Emini ES Short @ 2070.00 --> + 9
[14:13:45] <@wrbtrader> correction...
[14:14:02] <@wrbtrader> Covered all Emini ES Short @ 2079.00 --> 0
[14:16:39] <@wrbtrader> Long Emini ES @ 2079.75 -> large size
[14:19:37] <@wrbtrader> very low volatility right now
[14:29:23] <@wrbtrader> strange volatility right now in Crude Oil CL futures
[14:29:36] <@wrbtrader> I wonder if the Eminis was reacting to it
[14:34:38] <@wrbtrader> tighten trail
[14:34:52] <@wrbtrader> Its starting to do that voodoo 2079.00 game again
[14:35:49] <@wrbtrader> Exited all Emini ES Long @ 2080.25 --> + 0.5
[14:36:09] <@wrbtrader> Emini TF futures rolled over
[14:39:25] <@wrbtrader> Shorts Emini ES @ 2079.50 -> large size
[14:39:47] <@wrbtrader> 10+10 contracts
[14:42:07] <BobC__> WRB, thx for the help getting in....been observing... interesting... Thx... Time for the gym....
[14:54:01] <@wrbtrader> Covered all Emini ES Short @ 2081.25 --> - 1.75
[14:54:50] <@wrbtrader> price action is just a repeat now of my prior Long position
[14:55:11] <@wrbtrader> Got only a few ticks when it should have coughed up 3 points
[14:57:17] <@wrbtrader> Eminis not insync most of the day...
[14:57:57] <@wrbtrader> Now it seems intentional as if its done that way to keep volatility low and to bounce it around within a very tight trading range
[14:59:32] <@wrbtrader> waiting for a snapback
[14:59:58] <@wrbtrader> Its the only thing that has the volatility
[15:02:35] <@wrbtrader> Shorts Emini ES @ 2080.60 -> large size
[15:02:48] <@wrbtrader> there's that rollover snapback
[15:02:57] <@wrbtrader> correction...
[15:03:11] <@wrbtrader> Shorts Emini ES @ 2080.50 -> large size
[15:03:56] <@wrbtrader> Shorts Emini ES @ 2080.50 -> Add
[15:04:14] <@wrbtrader> 15+15 contracts
[15:04:34] <@wrbtrader> It tried hard to snapback UP
[15:04:43] <@wrbtrader> stalled at 2080.50
[15:04:52] <@wrbtrader> meant .75
[15:05:42] <@wrbtrader> Seems like these snapbacks have like a 1.50 travel distance before they stall completely
[15:05:59] <@wrbtrader> Its at that distance now
[15:06:29] <@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.
[15:08:33] <@wrbtrader> Covered 1/3 Emini ES Short @ 2080.00 --> + 0.5
[15:08:50] <@wrbtrader> Covered 1/3 Emini ES Short @ 2080.25 --> + 0.25
[15:09:30] <@wrbtrader> Covered Remainder Emini ES Short @ 2080.25 --> + 0.25
[15:10:29] <@wrbtrader> stuck again
[15:10:56] <@wrbtrader> It needs to get back to at least 2081.00 before it tries another snapback
[15:11:07] <@wrbtrader> It's been doing that for awhile now
[15:16:37] <@wrbtrader> Long Emini ES @ 2081.75 -> large size
[15:17:05] <@wrbtrader> 20 contracts
[15:18:12] <@wrbtrader> 1.50 limit reached
[15:18:29] <@wrbtrader> from 2081.00
[15:18:55] <@wrbtrader> hopefully it'll cough up more
[15:21:26] <lightenup1> All e minis in sync now
[15:21:35] <@wrbtrader> Exited 1/2 Emini ES Long @ 2083.50 --> + 1.75
[15:23:49] <@wrbtrader> Emini TF futures nearing a reaction high
[15:24:10] <@wrbtrader> 1164.10 price area
[15:27:30] <@wrbtrader> not insync at all
[15:27:57] <@wrbtrader> scary if Short right now
[15:28:31] <@wrbtrader> some kind'uv voodoo mojo going on here between the Eminis
[15:28:50] <@wrbtrader> Maybe a key stock earnings this evening
[15:32:26] <lightenup1> Scary being long or short for me in the e minis as tey are change direction regularly and not all at the same time
[15:36:52] <@wrbtrader> tic toc tick
[15:37:01] <@wrbtrader> I'm running out of time
[15:37:53] <@wrbtrader> WRB pt2 reached
[15:41:40] <@wrbtrader> Exited Remainder Emini ES Long @ 2085.00 --> + 3.25
[15:44:00] <@wrbtrader> strong move in Emini ES while Emini TF hasn't been able to take out its most recent reaction highs
[15:44:37] <@wrbtrader> very strange price action today involving the Eminis correlation in volatility
[15:53:26] <@wrbtrader> Not a good trading day
[15:53:34] <@wrbtrader> Take care all and see all tomorrow
Session Close: Fri Oct 30 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 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


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