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 Post subject: November 5th Thursday - Futures, Forex, Stocks and ETFs
 Post Posted: Fri Nov 06, 2015 8:33 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:
110515-Key-Price-Action-Markets.png
110515-Key-Price-Action-Markets.png [ 1.28 MiB | Viewed 274 times ]

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

Session Start: Thu Nov 05 09:29:00 2015
Session Ident: ##TheStrategyLab
[09:29:00] * Now talking in ##TheStrategyLab
[09:29:00] * 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'
[09:29:00] * Set by wrbtrader on Fri Dec 26 09:39:03 2014
[09:29:01] ##TheStrategyLab url is http://www.thestrategylab.com/tsl/forum/
[09:29:53] <wrbtrader> Good morning all
[09:29:57] <wrbtrader> Stopped out on my 1 contract Short position in Emini TF futures for a -2 points.
[09:30:22] <patrader> good morning
[09:30:23] <wrbtrader> It happen soon after yesterday's maintenance period in the Emini TF futures
[09:31:09] <BobC__> GM WRBZ, Pat
[09:31:21] <BobC__> sorry...WRB
[09:43:22] <patrader> nice WRBHG down on TF (3 min) developing
[09:43:55] <patrader> assuming this interval cooperates
[09:45:40] <wrbtrader> Long Emini ES @ 2096.75 -> large size
[09:45:57] <wrbtrader> 5+10 contracts
[09:48:45] <wrbtrader> Today had a tone of key market events (KME) all over the world prior to 0930am est regular market session in the U.S.
[09:49:35] <wrbtrader> Simply, I'm not expecting the same crappy price action we've seen the past several trading days
[09:50:22] <wrbtrader> If we do get that crap price action...
[09:50:52] <wrbtrader> I'll go outside into the woods and Karate Kick a bear knowing I'm going to get mauled afterwards :)
[09:53:53] <BobC__> or you could head up to Mt Tremblaunt and take a few laps?? :-)
[09:54:47] <wrbtrader> :)
[09:55:16] <wrbtrader> Exited 2/3 Emini ES Long @ 2100.00 --> + 3.25
[09:55:23] <wrbtrader> WRB pt2 reached
[09:55:40] <BobC__> very nice!!!!
[09:56:41] <wrbtrader> Exited Remainder Emini ES Long @ 2100.75 --> + 4
[10:01:32] <wrbtrader> Its not often we see Emini ES futures outpacing Emini TF futures
[10:02:17] <wrbtrader> Emini ES is above its intraday highs, above its most recent recent highs and above its move recent Down WRB Hidden GAP interval several minutes ago
[10:02:38] <wrbtrader> Emini TF just finally got there...several minutes after Emini ES futures
[10:11:25] <wrbtrader> Price action came down faster than it went up
[10:11:55] <wrbtrader> By the way...hopefully someone in Europe had a chance to watch how a KME killed the Forex GbpUsd.
[10:12:13] <wrbtrader> Bid down WRB Hidden GAP intervals
[10:12:47] <wrbtrader> Good example of why to use "stops"
[10:13:19] <wrbtrader> You just don't know when that huge big directional movement will happen and you don't want to be in that price action without a stop
[10:13:52] <BobC__> i have heard of markets jumping past stops.... has never happened to me, but I can see how it could happen in extreme volatility
[10:14:16] <wrbtrader> Shorts Emini ES @ 2095.75 -> large size
[10:14:28] <wrbtrader> 10 contracts
[10:14:34] <wrbtrader> intuition
[10:14:51] <wrbtrader> Just trade experience...no TA
[10:15:54] <wrbtrader> its trying to contract in its volatility :(
[10:19:33] <wrbtrader> Covered all Emini ES Short @ 2092.25 --> + 3.5
[10:19:45] <wrbtrader> WRB pt2 reached
[10:28:02] <wrbtrader> Somebody (in hindsight) has pulled the plug on the Emini futures and Eurex/Euronext futures
[10:46:52] <wrbtrader> Shorts Emini ES @ 2086.75 -> large size
[10:47:02] <wrbtrader> 10 contracts
[10:48:58] <wrbtrader> Covered all Emini ES Short @ 2084.50 --> + 2.25
[10:49:07] <wrbtrader> WRB pt1 reached
[11:23:59] <wrbtrader> Long Emini TF @ 1181.20 -> small size
[11:24:06] <wrbtrader> 3 contracts
[11:24:29] <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.
[11:31:02] <wrbtrader> Exited all Emini TF Long @ 1182..70 --> + 1182..70 - 1181.20
[11:31:18] <wrbtrader> Exited all Emini TF Long @ 1182.70 --> + 1.5
[11:31:22] <wrbtrader> WRB pt1 reached
[11:38:17] <lightenup1> Short TF
[11:38:30] <lightenup1> Mistake
[11:46:50] <TradeSnake______> Volatility spike up in Eminis...
[12:35:40] <patrader> Done for the day. Take care all.
[13:46:21] <winmax100> short es@2094
[14:01:26] <winmax100> exit @2096 -2
[14:02:03] <wrbtrader> Long Emini TF @ 1189.20 -> small size
[14:02:08] <wrbtrader> 1 contract
[14:08:43] <wrbtrader> Exited Emini TF Long @ 1188.20 --> - 1
[14:10:23] <wrbtrader> I'll re-enter my Long position if it can find support near the most recent reaction low
[14:10:52] <wrbtrader> There's a small Up WRB HG interval involved with that reaction low
[14:11:16] <wrbtrader> Emini TF futures has reached the S area of that Up WRB HG interval
[14:11:29] <wrbtrader> via the 2min chart interval
[14:16:32] <wrbtrader> Emini TF just pushed below the most recent reaction low
[14:18:11] <wrbtrader> Long Emini TF @ 1187.70 -> small size
[14:18:13] <wrbtrader> now back above that reaction low
[14:18:24] <wrbtrader> 3 contracts
[14:21:22] <wrbtrader> TF struggling badly now
[14:21:47] <wrbtrader> Yet, it is insync with other Eminis struggling with it
[14:22:18] <wrbtrader> Exited all Emini TF Long @ 1186.00 --> - 1.7
[14:22:48] <wrbtrader> Shorts Emini TF @ 1185.10 -> medium size
[14:22:57] <wrbtrader> 2+2 contracts
[14:23:16] <wrbtrader> snapback Up :(
[14:31:17] <wrbtrader> :(
[14:32:53] <wrbtrader> Covered all Emini TF Short @ 1185.40 --> - 0.3
[14:33:29] <wrbtrader> couldn't get out at the price I wanted +0.3
[14:34:48] <wrbtrader> Long Emini TF @ 1185.40 -> medium size
[14:35:05] <wrbtrader> 4 contracts
[14:35:31] <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
[14:36:23] <wrbtrader> I see SPY stuck inside the range of a prior Up WRB HG interval
[14:37:02] <wrbtrader> DIA too
[14:41:56] <wrbtrader> WRB pt1 reached but the goal is a WRB pt2...having 2nd thoughts now about that target.
[14:44:29] <wrbtrader> beware of the snapback
[14:44:38] <wrbtrader> trailing @ profit
[14:45:11] <wrbtrader> Exited all Emini TF Long @ 1185.90 --> + 0.5
[14:50:02] <wrbtrader> Long Emini TF @ 1186.10 -> medium size
[14:50:13] <wrbtrader> 1+2+1 contracts
[14:51:01] <wrbtrader> SPY / DIA still inside the range of that mentioned Up WRB HG interval
[14:51:31] <wrbtrader> meant DIA now above that R area while SPY still inside the range of the WRB Zone
[14:52:09] <wrbtrader> If SPY can reach that R area...I'll consider dumping my Emini TF trade if there's no volatility on that movement
[14:53:09] <wrbtrader> SPY reached the R area without increasing its volatility
[14:54:18] <wrbtrader> tic toc tic
[14:55:43] <wrbtrader> Exited all Emini TF Long @ 1186.20 --> + 0.1
[14:56:23] <wrbtrader> Long Emini TF @ 1186.40 -> medium size
[14:56:31] <wrbtrader> 3+1 contracts
[14:56:35] <wrbtrader> re-entry
[14:57:01] <wrbtrader> TF took my trail stop and immediately bounce back up :(
[14:57:10] <wrbtrader> called pick pocketing
[14:58:15] <wrbtrader> too much of a struggle now
[14:59:57] <winmax100> wrbtrader...everytime you comment on different products from eminis to others like spy, dia, cl and so on.... it amazes me.... your comprehension on price moves, knowing exactly what to do with them... .... ... :-))
[15:00:35] <wrbtrader> Thanks but I'm not out of the woods yet with this specific trade...
[15:00:45] <wrbtrader> There's that pending snapback hanging over me
[15:01:06] <wrbtrader> shallow WRB pt1 reached
[15:01:20] <wrbtrader> Exited all Emini TF Long @ 1186.60 --> + 0.2
[15:01:25] <wrbtrader> :(
[15:01:34] <wrbtrader> thought it could run to a WRB pt2
[15:01:57] <wrbtrader> 2nd consecutive pick pocketing
[15:02:23] <wrbtrader> Statistically I get a loss after two consecutive pick pockets
[15:02:46] <wrbtrader> I know I got the direction correct but just can't keep my trail out of reach
[15:02:54] <wrbtrader> Will call it quits here for the day
[15:03:01] <wrbtrader> Take care all and see all tomorrow
[15:04:15] <winmax100> ok...thanks wrbtrader.... again...your brilliant stats amazes me as well.... thanks..
[15:13:58] <lightenup1> Short ym 17766
[15:14:46] <lightenup1> Flat YM 17756 +10
[15:24:28] <winmax100> long es@2092.25
[15:29:55] <winmax100> exit @2095.25 +3
[23:19:21] * Disconnected
Session Close: Thu Nov 05 23:19:21 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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