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 Post subject: December 2nd Wednesday - Futures, Forex, Stocks and ETFs
 Post Posted: Wed Dec 02, 2015 11:02 pm 
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Joined: Tue Dec 16, 2008 1:02 am
Posts: 2371
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:
120215-Key-Price-Action-Markets.png
120215-Key-Price-Action-Markets.png [ 1.51 MiB | Viewed 67 times ]

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

Session Start: Wed Dec 02 06:37:42 2015
Session Ident: ##TheStrategyLab
[06:37:42] * Now talking in ##TheStrategyLab
[06:37:42] * 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'
[06:37:42] * Set by wrbtrader on Fri Dec 26 09:39:03 2014
[06:37:43] ##TheStrategyLab url is http://www.thestrategylab.com/tsl/forum/
[09:29:47] <Corner> Good morning all
[09:32:56] <Corner> KME 10:30 EST for Crude Light
[09:35:24] <wrbtrader> Shorts Emini ES @ 2098.00 -> large size
[09:36:12] <wrbtrader> Covered all Emini ES Short @ 2099.25 --> - 1.25
[09:36:52] <Tigerman____> godd morning all
[09:36:56] <wrbtrader> Shorts Emini ES @ 2099.50 -> large size
[09:37:08] <Tigerman____> not a clear picture x me yet
[09:37:08] <wrbtrader> 15 contracts
[09:37:20] <wrbtrader> re-entry
[09:39:48] <wrbtrader> Covered all Emini ES Short @ 2100.25 --> - 0.75
[09:40:13] <wrbtrader> Emini TF broke the R area first
[09:41:20] <kadtje> gm all
[09:42:30] <wrbtrader> Long Emini ES @ 2101.75 -> large size
[09:42:46] <wrbtrader> 15 contracts
[09:43:20] <Tigerman____> lg iwm 119.91
[09:43:36] <Tigerman____> exit 1/2 94 +3t
[09:43:49] <wrbtrader> Exited all Emini ES Long @ 2102.25 --> + 0.5
[09:44:08] <Tigerman____> exit 1/4 94 +3t
[09:44:32] <Tigerman____> exit all rem 1/4 (stop trail) 92 +1 tk
[09:44:51] <TradeSnake______> Short GC @ 1057.0
[09:44:55] <Tigerman____> intuition trade
[09:45:06] <Tigerman____> I m still condused
[09:45:13] <Tigerman____> confused
[09:45:48] <wrbtrader> Shorts Emini ES @ 2101.00 -> large size
[09:46:06] <wrbtrader> 10 and 5 contracts
[09:47:42] <wrbtrader> volatility movement not insync within the Emini futures
[09:49:17] <wrbtrader> chop just showed up
[09:49:58] <BobC____> wrb...who invited chop to the party?? geez
[09:54:12] <wrbtrader> Covered all Emini ES Short @ 2100.25 --> + 0.75
[09:54:30] <wrbtrader> :(
[09:54:59] <wrbtrader> trail pick pocketed a few seconds after adjustment
[09:55:56] <Tigerman____> strong downmove in GC EC
[09:56:27] <Tigerman____> us dollar increase his strengh
[09:56:41] <Tigerman____> this favor Euro exports
[09:57:27] <wrbtrader> Shorts Emini ES @ 2099.75 -> large size
[09:57:36] <wrbtrader> re-entry
[09:57:44] <wrbtrader> 20 contracts
[10:00:23] <wrbtrader> Covered all Emini ES Short @ 2102.00 --> - 2.25
[10:00:32] <wrbtrader> volatility spike
[10:03:15] <TradeSnake______> Covered GC @ 1054.5 --> +2.5
[10:04:23] <Tigerman____> price trapped
[10:04:32] <wrbtrader> Shorts Emini ES @ 2101.50 -> large size
[10:04:37] <Tigerman____> not a clear will to go up or down
[10:04:59] <wrbtrader> re-entry
[10:06:33] <wrbtrader> Price action return to an earlier stall area
[10:06:44] <wrbtrader> now trying hard to bounce off it
[10:07:32] <wrbtrader> I won't feel good about my Short in Emini ES unless Emini TF can fall below the S area of its most recent Up WRB HG interval
[10:10:15] <Senge> GM all
[10:11:28] <wrbtrader> Emini TF retested the S area of the prior mentioned Up WRB HG interval
[10:11:57] <wrbtrader> WRB pt1 reached
[10:11:59] <wrbtrader> Covered all Emini ES Short @ 2099.25 --> + 2.25
[10:12:12] <wrbtrader> still choppy
[10:12:17] <wrbtrader> range developing
[10:13:58] <wrbtrader> all my trades via the all session globex chart (not the regular session chart)
[10:18:06] <Corner> massive spike in CL
[10:18:32] <wrbtrader> crazy price action in CL
[10:18:49] <wrbtrader> I thought the OPEC key decision wasn't until Thursday of Friday
[10:18:51] <BobC____> what happened.... inv in 10 mins....
[10:19:05] <wrbtrader> looked like something got leaked or I got my days mixed up about OPEC
[10:19:08] <BobC____> Wed 1030 normal
[10:19:40] <wrbtrader> BobC...I'm talking about something not related to the 1030am est EIA report
[10:20:03] <BobC____> ok
[10:20:12] <wrbtrader> Instead, I'm talking about a key OPEC meeting that I thought was scheduled for Thurs or Fri
[10:20:19] <wrbtrader> Regardless, something happen
[10:20:21] <Corner> Cl back in range :-)
[10:21:06] <BobC____> Opec speculation that members will cut output
[10:21:52] <Corner> majority of OPEC states voted for production cut
[10:22:10] <BobC____> 18 Iran says majority of members of OPEC agree on cutting output - Shana via BBG
[10:23:31] <Corner> same as usual - don't trade the news - only trade the reaction
[10:25:18] <Tigerman____> sh iwm 119.82
[10:25:42] <Tigerman____> exit 2/3 78 +4t
[10:26:22] <Tigerman____> exit all rem 81 +1t trail stop
[10:26:40] <Corner> ES Mini price action looks like barb wire again
[10:28:13] <Tigerman____> sh Iwm 85 re-entry on snapback
[10:29:34] <Tigerman____> exit 2/3 78 +7t
[10:29:40] <wrbtrader> Emini ES futures retested the S area of its most recent Up WRB HG interval 1min chart
[10:29:52] <Corner> KME CL in 1 minute - maybe we see some volatity :-)
[10:29:56] <Tigerman____> exit rem at 83 +2t
[10:30:34] <Corner> Short CL 41.10
[10:30:45] <Tigerman____> swh iwm 81
[10:30:48] <Tigerman____> same action
[10:31:12] <Corner> Exit CL 41.05 +0.05
[10:32:05] <Corner> Short CL 41.05 re-entry
[10:32:19] <Tigerman____> exit 2/3 iwm 79 +2t
[10:32:20] <Corner> looking for trapped bulls
[10:32:44] <Corner> Exit CL 40.85 +0.20
[10:32:44] <wrbtrader> Shorts Emini ES @ 2098.50 -> large size
[10:32:55] <wrbtrader> 15 contracts
[10:34:23] <Tigerman____> exit all rem 75 + +t
[10:34:29] <Tigerman____> +6t
[10:34:34] <Tigerman____> not enought vola x me
[10:36:57] <wrbtrader> Covered all Emini ES Short @ 2099.50 --> - 1
[10:45:38] <wrbtrader> something has the price action spooked today
[10:45:58] <wrbtrader> snapback Down
[10:55:24] <Corner> All heve been kicked out, it seems
[10:56:12] <Corner> freenode could increase their reliability, I would say...
[10:58:53] <wrbtrader> Yeah, they've been having some major attacks lately
[11:01:24] <wrbtrader> Shorts Emini ES @ 2098.25 -> large size
[11:01:44] <wrbtrader> wow...damn just broke
[11:02:50] <wrbtrader> Covered all Emini ES Short @ 2096.25 --> + 2
[11:02:59] <wrbtrader> WRB pt1 reached
[11:08:01] <wrbtrader> funky price action today
[11:45:20] <Lightenup1> TF Broke 1200 suport with a wrbhg down
[11:48:57] <wrbtrader> Freenode having those hack attacks again...causing problems with connections
[11:52:41] <kadtje> Covered all Emini NQ Short @ 4722.50 --> + 4.5
[11:56:35] <wrbtrader> Shorts Emini ES @ 2093.25 -> large size
[11:56:51] <wrbtrader> 10 contracts
[11:58:50] <wrbtrader> :(
[11:58:54] <wrbtrader> there's that fight
[11:59:46] <wrbtrader> Covered all Emini ES Short @ 2093.75 --> - 0.5
[12:00:47] <wrbtrader> early exit..too much fight in Emini ES in contraction of the volatility
[12:00:59] <wrbtrader> That usually means its going to spike again...
[12:01:11] <wrbtrader> I hope it pushes down as a spike instead of up
[12:04:25] <wrbtrader> room disconnected from Freenode again
[12:04:56] * orwell.freenode.net sets mode: +o ChanServ
[12:05:08] <wrbtrader> I know when the @ChanServ dissapears
[12:05:16] <wrbtrader> ooops...its back again
[12:06:01] <kadtje> Shorts Emini NQ @ 4733.00
[12:06:09] <kadtje> intuition
[12:08:36] <kadtje> Covered all Emini NQ Short @ 4732.00 --> + 1
[12:12:07] <wrbtrader> Shorts Emini ES @ 2094.00 -> large size
[12:12:21] <wrbtrader> 10 contracts
[12:12:25] <wrbtrader> re-entry
[12:14:52] <wrbtrader> snapback attempt :(
[12:23:15] <wrbtrader> WRB pt1 reached
[12:24:09] <wrbtrader> Covered all Emini ES Short @ 2092.75 --> + 1.25
[12:28:27] <wrbtrader> A lot of key markets rolled over southward today with some big Down WRB intervals
[12:28:48] <wrbtrader> 3min, 5min and 15min chart intervals
[12:29:25] <Lightenup1> GC just took a big spike down
[12:32:46] <kadtje> Shorts Emini NQ @ 4779.75
[12:34:55] <kadtje> Covered all Emini NQ Short @ 4726.75 --> + 53
[12:35:39] <kadtje> corection
[12:36:31] <kadtje> Shorts Emini NQ @ 4729.75
[12:36:59] <kadtje> Covered all Emini NQ Short @ 4726.75 --> + 3
[12:37:48] <Senge> 53 points on the NQ would have been sweet!
[12:38:59] <kadtje> 3 points :)
[12:39:56] <Lightenup1> GC is trying to retrace the WRGHG down spike at 12:25
[12:56:57] <Tigerman____> take care all see tomorrow
[13:17:19] <Corner> Short CL 40.20
[13:19:33] <Corner> Exit CL 40.15 +0.05
[13:21:25] <Corner> Short CL 40.18 re-entry
[13:26:38] <Corner> 40.00 might be solid - try to exit at 40.01
[13:29:52] <BobC____> GJ Corner.... CL punished today....
[13:31:41] <Corner> Exit CL 40.15 +0.03 :-(
[13:32:03] <BobC____> too bad.... you had a nice profit there....
[13:32:35] <Corner> Bull saw their chance in defending the 40
[13:32:40] <BobC____> but better than a burr in the saddle
[13:35:40] <kadtje> hihi yellen
[13:35:51] <kadtje> zero vol
[13:36:54] <kadtje> greenspan at an other level when he speaks...lol
[13:37:00] <wrbtrader> KME Alert: 2pm est FED Beige Book
[13:38:21] <kadtje> yep
[13:40:35] <wrbtrader> Shorts Emini ES @ 2093.00 -> large size
[13:40:49] <wrbtrader> 10 contracts
[13:46:22] <wrbtrader> WRB pt1 reached
[13:47:31] <wrbtrader> Emini TF attempting a snapback
[13:48:24] <Corner> TF higher low, ES lower low
[13:50:03] <Corner> Short CL 40.10 re-entry
[13:50:42] <wrbtrader> Covered all Emini ES Short @ 2090.50 --> + 2.5
[13:51:11] <wrbtrader> WRB pt2 reached but not able to grab it @ 2090.00
[13:51:28] <wrbtrader> it moved too fast on the volatility spike
[13:52:16] <Corner> Exit CL 40.12 -0.02
[14:01:06] <kadtje> djeez cnbc .....jim craner ....hi is a idiot
[14:02:50] <kadtje> cramer
[14:06:04] <wrbtrader> Shorts Emini ES @ 2087.75 -> large size
[14:06:16] <wrbtrader> 10 contracts
[14:07:44] <kadtje> Shorts Emini NQ @ 4705.25
[14:08:21] <kadtje> Covered all Emini NQ Short @ 4704.25 --> + 1
[14:09:23] <wrbtrader> Covered all Emini ES Short @ 2087.25 --> + 0.5
[14:09:56] <wrbtrader> snapback and I wasn't able to grab the WRB pt1 when it was reached :(
[14:16:30] <wrbtrader> Shorts Emini ES @ 2083.75 -> large size
[14:16:39] <wrbtrader> smell a little blood
[14:16:46] <wrbtrader> 15 contracts
[14:18:30] <kadtje> Long Emini NQ @ 4694.00
[14:21:20] <wrbtrader> Covered all Emini ES Short @ 2083.75 --> 0
[14:21:24] <kadtje> Exited all Emini NQ Long @ 4696.00 --> + 2
[14:21:34] <wrbtrader> snapback attempt
[14:24:50] <wrbtrader> Shorts Emini ES @ 2084.00 -> large size
[14:25:01] <wrbtrader> re-entry
[14:29:22] <wrbtrader> Covered all Emini ES Short @ 2083.75 --> + 0.25
[14:30:02] <wrbtrader> That's 3 consecutive trades that reached a WRB pt1 that I was not able to grab :(
[14:30:30] <wrbtrader> Then after it steals my trail stop...it rolls back over again to the south
[14:30:52] <wrbtrader> I've been trying to Short this since 2087.00
[14:31:20] <Corner> wrbtrader - these small pullback trends look so easy to trade, but are not...
[14:31:29] <Corner> ES and CL today
[14:31:36] <wrbtrader> Yep
[14:32:13] <wrbtrader> Anyways, I'm now frustrated and I usually start getting losses when frustrated.
[14:32:25] <wrbtrader> Therefore, on that note...I'm done for the day
[14:32:36] <wrbtrader> Take care all and see all tomorrow
[14:33:05] <Corner> Take care!
[14:33:46] <kadtje> ok gn mark
[15:05:36] <kadtje> Long Emini NQ @ 4688.00
[15:07:22] <kadtje> Exited all Emini NQ Long @ 4691.00 --> + 3
[15:21:34] <kadtje> Shorts Emini NQ @ 4695.00
[15:21:51] <kadtje> Long Emini NQ @ 4695.00
[15:22:11] <kadtje> corection
[15:26:36] <kadtje> Exited all Emini NQ Long @ 4697.00 --> + 2
[15:29:45] <kadtje> gn all
[19:09:51] * Disconnected
Session Close: Wed Dec 02 19:09:52 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
wrbanalysis@gmail.com


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