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 Post subject: December 7th Monday - Futures, Forex, Stocks and ETFs
 Post Posted: Tue Dec 08, 2015 7:33 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:
120715-Key-Price-Action-Markets.png
120715-Key-Price-Action-Markets.png [ 1.14 MiB | Viewed 265 times ]

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

Session Start: Mon Dec 07 09:19:29 2015
Session Ident: ##TheStrategyLab
[09:19:29] * Now talking in ##TheStrategyLab
[09:19:29] * 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'
[09:19:29] * Set by wrbtrader on Fri Dec 26 09:39:03 2014
[09:19:30] ##TheStrategyLab url is http://www.thestrategylab.com/tsl/forum/
[09:32:45] <wrbtrader> Shorts Emini ES @ 2083.25 -> large size
[09:32:57] <wrbtrader> 1015 contracts
[09:33:07] <wrbtrader> 10+15 contracts
[09:33:14] <wrbtrader> 25 total
[09:35:51] <wrbtrader> Covered Emini ES Short @ 2080.75 --> + 2.5
[09:36:17] <wrbtrader> early exit
[09:36:24] <wrbtrader> not a WRB pt1
[09:36:43] <wrbtrader> Emini TF sold off hard while Emini ES held on strongly...
[09:36:52] <wrbtrader> That's a little scary for me
[09:37:10] <wrbtrader> Reason why I dumped it as soon as it went more than +2
[09:38:24] <wrbtrader> Shorts Emini ES @ 2082.75 -> large size
[09:38:30] <wrbtrader> 10 contracts
[09:38:33] <wrbtrader> re-entry
[09:38:52] <wrbtrader> snapback (nasty)
[09:39:16] <wrbtrader> Covered all Emini ES Short @ 2084.00 --> - 1.25
[09:40:08] <wrbtrader> Shorts Emini ES @ 2084.00 -> large size
[09:40:16] <wrbtrader> re-entry
[09:40:28] <wrbtrader> we have again that fast moving price action
[09:40:36] <wrbtrader> same type as last Thursday and Friday
[09:42:07] <wrbtrader> Covered all Emini ES Short @ 2083.25 --> + 0.75
[09:43:14] <wrbtrader> Shorts Emini ES @ 2082.75 -> large size
[09:43:24] <wrbtrader> re-entry
[09:43:40] <wrbtrader> I still have not caught a WRB pt1 trade
[09:45:20] <wrbtrader> Covered all Emini ES Short @ 2082.50 --> + 0.25
[09:45:26] <wrbtrader> :(
[09:49:06] <wrbtrader> Shorts Emini ES @ 2082.00 -> large size
[09:49:14] <wrbtrader> 15 contracts
[09:49:16] <wrbtrader> re-entry
[09:50:21] <wrbtrader> shallow WRB pt1 reached
[09:51:12] <wrbtrader> Covered all Emini ES Short @ 2078.75 --> + 3.25
[09:51:16] <wrbtrader> WRB pt2 reached
[09:52:05] <wrbtrader> Now I can relax after catching my WRB pt1 or higher trade
[09:52:10] <wrbtrader> lowering position size
[09:53:17] <wrbtrader> Speed of the price action slowing down just a little
[09:54:44] <wrbtrader> Shorts Emini ES @ 2079.50 -> small size
[09:54:50] <wrbtrader> 5 contracts
[09:55:49] <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.
[09:57:17] <wrbtrader> snapback
[09:57:21] <wrbtrader> Up
[10:01:06] <Senge_> Short ES @ 2078.25
[10:01:29] <wrbtrader> Covered all Emini ES Short @ 2078.75 --> + 0.75
[10:01:51] <wrbtrader> will just watch awhile now
[10:02:48] <wrbtrader> Emini ES has now made another support attempt while resisting a strong push down attempt
[10:03:39] <wrbtrader> increasing volatility again
[10:04:03] <wrbtrader> volatility spike
[10:04:10] <Senge_> Exit all ES @ 2070.50
[10:04:36] <Senge_> *Correction 2075.50
[10:05:05] <Senge_> -> + 2.75
[10:05:49] <Senge_> Short ES @ 2076.25
[10:09:28] <wrbtrader> Shorts Emini ES @ 2076.75 -> small size
[10:09:36] <wrbtrader> 5 contracts
[10:09:38] <wrbtrader> re-entry
[10:10:36] <Senge_> Exit ES @ 2077; -.75
[10:11:42] <wrbtrader> Covered all Emini ES Short @ 2077.50 --> - 0.75
[10:12:14] <wrbtrader> Emini ES 3rd attempt at a support
[10:12:34] <wrbtrader> meant...3rd attempt at trying to "make" a support area
[10:13:36] <wrbtrader> Shorts Emini ES @ 2077.50 -> small size
[10:13:45] <wrbtrader> re-entry
[10:16:09] <wrbtrader> Covered all Emini ES Short @ 2078.50 --> - 1
[10:17:34] <wrbtrader> Emini ES futures back at the R area of its most recent Down WRB HG interval
[10:18:05] <Senge_> On 1 min.?
[10:18:37] <wrbtrader> Yes
[10:18:58] <Senge_> 5 mn. also, looks like.
[10:19:11] <wrbtrader> Its also restesting the S area of the most recent Down WRB HG interval via 3min chart
[10:20:34] <wrbtrader> Shorts Emini ES @ 2077.00 -> small size
[10:20:47] <wrbtrader> snapback down but very little volatility
[10:20:57] <wrbtrader> re-entry 5 contracts
[10:23:00] <Senge_> Short ES @ 2076
[10:24:49] <wrbtrader> snapback
[10:25:15] <Senge_> Exit ES @ 2077.25 - > -1.25
[10:25:53] <wrbtrader> fast price action with chop
[10:29:16] <wrbtrader> Covered all Emini ES Short @ 2074.50 --> + 2.5
[10:29:26] <wrbtrader> WRB pt1 reached
[10:47:40] <Lightenup1> Someone hacked my trading account and transferred all the funds out of my trading account. The funds went to a London Bank
[10:52:06] <wrbtrader> wow
[10:52:33] <wrbtrader> That means they have access to more than just your trading account info
[10:53:06] <wrbtrader> They have access to your government ID number, address and other personal info
[10:53:16] <wrbtrader> Identity Theft
[10:55:30] <wrbtrader> Shorts Emini ES @ 2069.50 -> large size
[10:55:40] <wrbtrader> 10 contracts
[10:56:12] <wrbtrader> Lightenup1...a repost from me...
[10:56:17] <wrbtrader> [10:52:06] <wrbtrader> wow
[10:56:17] <wrbtrader> [10:52:33] <wrbtrader> That means they have access to more than just your trading account info
[10:56:17] <wrbtrader> [10:53:06] <wrbtrader> They have access to your government ID number, address and other personal info
[10:56:17] <wrbtrader> [10:53:16] <wrbtrader> Identity Theft
[10:57:13] <wrbtrader> Contact your bank and credit card companies to change all passwords and get extra security
[10:57:28] <Lightenup1> The opened up a bank accout in London in my name also gave chance of address and provide broker with new back account informaiton and also sent copy of utility bill and then exchanged e mail with my broker requesting wire transder
[10:57:54] <wrbtrader> Covered all Emini ES Short @ 2069.50 --> 0
[10:58:00] <wrbtrader> sorry to hear that
[10:58:03] <wrbtrader> scary
[11:00:56] <wrbtrader> Shorts Emini ES @ 2069.25 -> large size
[11:01:03] <Lightenup1> The thing is all my other emails from everyone else came through just fine. They just changed my trading account emails to go to them. My broker right now can not send me a email. They are all going to the hacker. Now he is alerted that we are on to them.
[11:01:07] <wrbtrader> 20 contracts
[11:01:16] <wrbtrader> re-entry
[11:01:57] <wrbtrader> Hae your computer checked for viruses (e.g. keylogger stuff)
[11:02:34] <Lightenup1> I check all the time for viruses
[11:02:41] <wrbtrader> even have the security of your router and ISP stuff checked
[11:03:12] <Lightenup1> Ok thanks for the information.
[11:03:26] <wrbtrader> Covered all Emini ES Short @ 2070.25 --> - 1
[11:03:40] <Senge_> Long ES @ 2070.25
[11:03:56] <Lightenup1> Other traders if you do not receive a statement from your broker each day make sure you call your broker right away
[11:05:04] <Senge_> Exit ES @ 2068.75
[11:05:07] <wrbtrader> Shorts Emini ES @ 2068.75 -> large size
[11:05:18] <wrbtrader> re-entry
[11:05:28] <wrbtrader> I may have only caught chop here
[11:05:37] <wrbtrader> via the last few trades
[11:05:48] <wrbtrader> It's obviously in a tight trading range now
[11:06:22] <Senge_> -> -1.5
[11:07:25] <wrbtrader> Covered all Emini ES Short @ 2069.50 --> - 0.75
[11:08:02] <wrbtrader> snapback now
[11:11:11] <wrbtrader> Shorts Emini ES @ 2070.50 -> large size
[11:11:28] <wrbtrader> re-entry
[11:12:25] <wrbtrader> Covered all Emini ES Short @ 20 --> + 2050.5
[11:12:38] <wrbtrader> correction...
[11:12:50] <wrbtrader> Covered all Emini ES Short @ 2070.00 --> + 0.5
[11:13:23] <wrbtrader> If this snapback Down...I'll chase it
[11:13:50] <wrbtrader> Shorts Emini ES @ 2069.75 -> large size
[11:13:56] <wrbtrader> intuition
[11:13:58] <wrbtrader> re-entry
[11:17:14] <wrbtrader> Covered all Emini ES Short @ 2068.50 --> + 1.25
[11:17:32] <wrbtrader> still chopping around :(
[11:22:27] <wrbtrader> punks
[11:22:50] <wrbtrader> too fast of a snapback for chasing
[11:27:46] <wrbtrader> Shorts Emini ES @ 2066.50 -> large size
[11:27:56] <wrbtrader> 10 contracts
[11:28:10] <wrbtrader> entry problems at 2067.25
[11:28:12] <wrbtrader> :(
[11:30:19] <wrbtrader> Covered all Emini ES Short @ 2066.25 --> + 0.25
[11:30:46] <wrbtrader> snapback with that fast price action again
[11:30:58] <wrbtrader> more long shadow intervals
[13:05:40] <wrbtrader> Shorts Emini ES @ 2066.00 -> large size
[13:07:54] <wrbtrader> Covered all Emini ES Short @ 2069.00 --> - 3
[13:08:12] <wrbtrader> crazy
[13:09:10] <wrbtrader> I rested between 12pm to 1pm est...ignoring several Short signals
[13:09:30] <wrbtrader> I then take a trade and a crazy snapback shows up :(
[13:10:00] <jkarn> Sure is. Creeped allthe way down to fill all hidden gaps 11:30 without a single down WRB HG and then took off.
[13:10:26] <jkarn> *since 11:30
[13:12:27] <TradeSnake______> Big downward breakout move in CAD today
[13:14:22] <wrbtrader> Shorts Emini ES @ 2069.50 -> large size
[13:14:31] <wrbtrader> 10 contracts
[13:14:51] <wrbtrader> prior trade that I got killed on was also 10 contracts
[13:15:12] <wrbtrader> crazy price action these past few minutes
[13:15:31] <wrbtrader> meant the past 10 minutes
[13:19:50] <wrbtrader> Covered all Emini ES Short @ 2070.25 --> - 0.75
[13:20:55] <wrbtrader> Shorts Emini ES @ 2070.00 -> large size
[13:21:07] <wrbtrader> re-entry
[13:22:04] <wrbtrader> after two trades like that...it would be normal to become paranoid that you're being watched :)
[13:22:36] <BobC____> I am always thinking that.....
[13:24:16] <wrbtrader> Covered all Emini ES Short @ 2070.00 --> 0
[13:24:24] <jkarn> lol
[13:25:35] <wrbtrader> Shorts Emini ES @ 2069.50 -> large size
[13:25:42] <wrbtrader> re-entry
[13:27:41] <wrbtrader> Covered all Emini ES Short @ 2070.50 --> - 1
[13:29:50] <wrbtrader> Long Emini ES @ 2071.25 -> large size
[13:29:56] <wrbtrader> 10 contracts
[13:30:12] <wrbtrader> painful decision to take that Long position...first Long of the day for me
[13:34:27] <wrbtrader> Exited all Emini ES Long @ 2070.00 --> - 1.25
[13:34:55] <wrbtrader> freaky
[13:35:09] <wrbtrader> too much price movement to be noise
[13:36:11] <wrbtrader> Shorts Emini ES @ 2070.50 -> large size
[13:36:39] <wrbtrader> 5+10 contracts intentionally scaled in
[13:40:07] <wrbtrader> There's that weird tight back n forth movement again
[13:41:48] <wrbtrader> WRB pt1 reached but I need to hold it a little longer because there's no volatility spike...just increasing volatility
[13:43:00] <Senge_> How do you tell the difference?
[13:43:40] <wrbtrader> Covered all Emini ES Short @ 2067.50 --> + 3
[13:44:15] <Senge_> Looked like that last Down WRB HG was a volatility spike.
[13:44:43] <Senge_> 1 min.
[13:45:04] <wrbtrader> Shorts Emini ES @ 2068.00 -> large size
[13:45:14] <wrbtrader> 20 contracts
[13:45:30] <wrbtrader> volatility insync with the other Eminis...
[13:45:40] <wrbtrader> increasing my position size
[13:46:54] <wrbtrader> Emini TF back where it started when the price spike took off northward
[13:47:04] <wrbtrader> Emini ES still reluctant to get there :(
[13:47:48] <wrbtrader> Covered all Emini ES Short @ 2068.00 --> 0
[13:48:17] <wrbtrader> now it moves
[13:48:39] <wrbtrader> I'm starting to feel paranoid again
[13:49:25] <wrbtrader> no more trades for me until it leaves the range of the Big Up WRB HG interval that started that crazy price action
[13:50:09] <Corner> Short ES 2067.50
[13:54:04] <Corner> Exit ES 2068.50 -1.00
[13:54:59] <Corner> Short ES 2068.00 re-entry
[13:58:12] <Corner> Strange spikes on low volume
[13:58:54] <Corner> Looks like algo trading pulling big orders on move up
[13:59:14] <Corner> Otherwise the volume would have been higher
[13:59:25] <Corner> Exit ES 2068.50 -0.50
[13:59:28] <Corner> :-(
[14:01:38] <Corner> Short ES 2070.25 re-entry
[14:03:41] <Corner> Exit ES 2071.50 -1.25
[14:04:02] <Corner> fishing on the wrong side of the bridge :-(
[14:05:18] <Corner> Long ES 2072.75
[14:05:54] <wrbtrader> Long Emini ES @ 2073.50 -> large size
[14:06:06] <wrbtrader> 10 contracts
[14:08:49] <wrbtrader> Exited all Emini ES Long @ 2074.00 --> + 0.5
[14:09:22] <wrbtrader> That Long posiiton in comparison to the prior Long didn't feel like I was doing something wrong :)
[14:09:24] <Corner> Exit ES 2074.25 +1.50
[14:10:30] <Corner> Bears defending the double top was enought to scare me out
[14:13:32] <Corner> Short ES 2072.25
[14:14:34] <wrbtrader> The R area of that crazy volatility spike I'm avoiding is 2071.50 and the S area is 2065.70
[14:14:58] <wrbtrader> That price action that had made me paranoid that I was bing watched
[14:16:12] <Corner> wrbtrader - smile at the tiny camery behind you :-)
[14:18:35] <wrbtrader> Where I come from...you don't call the police. Instead, you give them a close up shot of a "mooning".
[14:18:45] * Senge_ is now known as Senge
[14:20:54] <Corner> Exit ES 2072.25 +0.00
[14:22:53] <wrbtrader> :(
[14:23:00] <wrbtrader> Emini ES back inside the danger area
[14:35:01] <Corner> 3rd reversal at 2074.50
[15:11:00] <wrbtrader> Take care all and see all tomorrow
Session Close: Tue Dec 08 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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