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 Post subject: December 30th Wednesday - Futures, Forex, Stocks and ETFs
 Post Posted: Thu Dec 31, 2015 1:35 am 
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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:
123015-Key-Price-Action-Markets.png
123015-Key-Price-Action-Markets.png [ 1.05 MiB | Viewed 281 times ]

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

Session Start: Wed Dec 30 09:15:42 2015
Session Ident: ##TheStrategyLab
[09:15:42] * Now talking in ##TheStrategyLab
[09:15:43] * 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'
[09:15:43] * Set by wrbtrader on Fri Dec 26 09:39:03 2014
[09:15:43] ##TheStrategyLab url is http://www.thestrategylab.com/tsl/forum/
[09:36:22] <BobC____> grandkids here.... gotta run....trade well
[09:38:21] <wrbtrader> Long Emini ES @ 2065.75 -> large size
[09:38:37] <wrbtrader> 20 contracts
[09:39:42] <wrbtrader> Exited all Emini ES Long @ 2065.50 --> - 0.25
[09:41:45] <wrbtrader> Shorts Emini ES @ 2065.25 -> large size
[09:41:55] <wrbtrader> 20 contracts
[09:47:47] <wrbtrader> unreal
[09:48:03] <wrbtrader> Similar like price action as yesterday afternoon
[09:48:21] <wrbtrader> Emini TF will keep pushing lower and Emini ES will fight its way back higher
[09:50:26] <wrbtrader> Emini TF making another big push down while Emini ES is stuck in a 1 point range
[09:50:49] <wrbtrader> 2063.75 - 2064.75
[09:53:04] <wrbtrader> Covered all Emini ES Short @ 2065.00 --> + 0.25
[09:53:51] <wrbtrader> Shorts Emini ES @ 2065.00 -> large size
[09:54:01] <wrbtrader> re-entry
[09:54:33] <Lightenup1> short tf 1155.10
[09:55:28] <wrbtrader> KME @ 1000am and 1030am est
[09:55:33] <Lightenup1> Flat tf 1155.0 +.1
[09:59:20] <wrbtrader> :(
[10:03:01] <wrbtrader> Covered all Emini ES Short @ 2065.50 --> - 0.5
[10:07:45] <wrbtrader> Shorts Emini ES @ 2066.25 -> large size
[10:07:53] <wrbtrader> re-entry
[10:08:06] <wrbtrader> here we go again
[10:09:08] <wrbtrader> 3 consecutive Shorts
[10:11:49] <wrbtrader> Covered all Emini ES Short @ 2066.00 --> + 0.25
[10:13:28] <wrbtrader> Shorts Emini ES @ 2065.25 -> large size
[10:13:47] <wrbtrader> re-entry
[10:15:21] <wrbtrader> all trades today for me so far have gone into a 1 point range
[10:15:27] <wrbtrader> after entry
[10:15:36] <wrbtrader> except for 1
[10:20:19] <wrbtrader> unreal again
[10:21:08] <wrbtrader> finally....geeesh
[10:21:43] <Lightenup1> TF breaking down with wrbhg in most time frames
[10:24:13] <wrbtrader> WRB pt1 reached @ 2063.00 but Emini ES is trying to claw its way back upwards
[10:24:42] <patrader> Pending KME in CL at 10:30 AM EST
[10:28:44] <wrbtrader> The average time in my trades since yesterday has gone up to 417%...just to give you an ideal of how problematic this price action is for me.
[10:53:54] <wrbtrader> Covered all Emini ES Short @ 2064.00 --> + 1.25
[10:54:08] <wrbtrader> just got back and my stop was hit
[10:59:37] <wrbtrader> Shorts Emini ES @ 2064.50 -> large size
[10:59:48] <wrbtrader> re-entry
[11:00:10] <wrbtrader> this trade is also a scale in
[11:00:39] <wrbtrader> I'm a little suspicious aboout this price action involving 10 contracts and more
[11:02:24] <wrbtrader> Covered all Emini ES Short @ 2065.50 --> - 1
[11:03:52] <wrbtrader> Shorts Emini ES @ 2065.00 -> large size
[11:04:20] <wrbtrader> re-entry
[11:04:31] <wrbtrader> market order in only for the remainder of the day
[11:06:49] <mtntrader__> Long ES 2065.75
[11:06:58] <wrbtrader> Covered all Emini ES Short @ 2066.25 --> - 1.25
[11:08:05] <wrbtrader> Emini ES futures back inside the range of a key Down WRB HG interval
[11:08:17] <wrbtrader> 1min chart
[11:12:07] <wrbtrader> Shorts Emini ES @ 2065.50 -> large size
[11:12:17] <wrbtrader> re-entry
[11:16:35] <mtntrader__> Out 2065.75. +0
[11:17:04] <mtntrader__> Lost patience
[11:23:49] <wrbtrader> Covered all Emini ES Short @ 2065.50 --> 0
[11:33:51] <wrbtrader> Shorts Emini ES @ 2063.75 -> large size
[11:34:11] <wrbtrader> re-entry
[11:54:36] <wrbtrader> Covered all Emini ES Short @ 2064.25 --> - 0.5
[12:41:25] <wrbtrader> Shorts Emini ES @ 2963.00 -> large size
[12:41:50] <wrbtrader> correction...
[12:42:05] <wrbtrader> Shorts Emini ES @ 2063.00 -> large size
[12:42:44] <wrbtrader> Like yesterday afternoon trading session...
[12:43:21] <wrbtrader> The grinding retracement after entry have been killer
[12:45:41] <wrbtrader> Every year we get this type of price action I call "The Anomali"...something very unusual and rare.
[12:45:56] <wrbtrader> It last a few trading days and then its gone
[12:46:38] <wrbtrader> I usually think it has something to do with the "end of year" fund adjustments and investor wash sales
[12:50:46] <wrbtrader> My point is that the markets will go back to normal afer the New Year
[12:53:34] <wrbtrader> Emini ES stuck in mud again while the world around it moves
[12:58:36] <wrbtrader> Covered all Emini ES Short @ 2062.75 --> + 0.25
[12:58:54] <wrbtrader> early exit
[12:59:10] <wrbtrader> Trade hit a wall and I got tired of holding it
[14:25:49] <wrbtrader> Shorts Emini ES @ 2064.00 -> large size
[14:26:27] <wrbtrader> re entry
[14:37:49] <wrbtrader> Covered all Emini ES Short @ 2063.75 --> + 0.25
[14:38:11] <wrbtrader> another early exit...stinky price action
[14:51:56] <wrbtrader> Shorts Emini ES @ 2063.50 -> large size
[14:52:09] <wrbtrader> 10+10 contracts
[15:02:39] <wrbtrader> Covered all Emini ES Short @ 2062.75 --> + 0.75
[15:13:34] <wrbtrader> Shorts Emini ES @ 2062.25 -> large size
[15:13:51] <wrbtrader> 10+15 contracts
[15:15:00] <wrbtrader> :(
[15:15:23] <wrbtrader> back above the most recent reaction low
[15:16:39] <wrbtrader> Covered all Emini ES Short @ 2063.50 --> - 1.25
[15:25:31] <wrbtrader> Shorts Emini ES @ 2063.25 -> large size
[15:25:50] <wrbtrader> 10+5+10 contracts
[15:29:13] <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.
[15:30:06] <wrbtrader> This should have dropped like a rock but it doesn't...
[15:30:22] <wrbtrader> It tries to climb back up.
[15:30:28] <wrbtrader> Oooops...its down :)
[15:30:40] <wrbtrader> WRB pt1 reached
[15:34:41] <wrbtrader> I had another trade like this earlier today...I thought it was safe and put a profitable trail in and walked aways from it...
[15:35:00] <wrbtrader> I came back and it had retraced and taken me out for a small profit
[15:35:40] <wrbtrader> That's a ton of volatility out of nowhere
[15:35:47] <wrbtrader> Wow
[15:36:08] <wrbtrader> Covered all Emini ES Short @ 2054.50 --> + 8.75
[15:36:27] <wrbtrader> WRB pt4 reached

[15:36:33] <mtntrader__> Ha, if I traded your size, I wouldn't even look away from the screen.
[15:37:39] <wrbtrader> Cut me some slack...I stayed in the same room :)
[15:38:45] <wrbtrader> Unbelievable pain in the butt trading day and then this crazy volatility spike downwards when I had a decent position size.
[15:39:17] <wrbtrader> That's a roller coaster
[15:39:40] <TradeSnake______> News related?
[15:39:42] <mtntrader__> Yes, it kind of saved the day.
[15:41:01] <wrbtrader> could be a flash crash
[15:41:49] <wrbtrader> Some institutional trader wanted 500 contracts and accidentally typed in 500,000
[15:42:04] <wrbtrader> Triggering all the algorithms in the world to go crazy
[15:42:06] <wrbtrader> :)
[15:43:58] <wrbtrader> Price is slowly climbing upwards as if its News Related after the spike down
[15:44:25] <wrbtrader> My news source has no news
[15:44:38] <wrbtrader> twitter has no news and stocktits has no news...
[15:44:58] <wrbtrader> I even checked Bloomberg during the price drop...nothing stated
[15:45:21] <wrbtrader> Must be a flash crash or a bunch of algos triggering something at the same time
[15:47:35] <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
[15:50:07] <wrbtrader> Long Emini ES @ 2059.25 -> large size
[15:50:21] <wrbtrader> 10 contracts
[15:51:02] <wrbtrader> Exited all Emini ES Long @ 2058.50 --> - 0.75
[15:53:03] <wrbtrader> Shorts Emini ES @ 2057.75 -> large size
[15:53:11] <wrbtrader> 20 contracts
[15:53:48] <wrbtrader> There's that pressure again similar to the recent big price drop
[15:53:56] <TradeSnake______> Yes, people get complacent on these low volume, small range days and then BAMB! they're in over their head and the panic sets in...
[15:54:14] <TradeSnake______> Short YM 17537
[15:56:38] <TradeSnake______> Covered YM @ 17512 --> +25
[16:01:11] <wrbtrader> Covered all Emini ES Short @ 2054.75 --> + 3
[16:01:22] <wrbtrader> WRB pt2 reached

[16:01:40] <wrbtrader> Long Emini ES @ 2056.00 -> large size
[16:01:47] <wrbtrader> 10 contracts
[16:05:58] <wrbtrader> Exited all Emini ES Long @ 2055.75 --> - 0.25
[16:08:26] <wrbtrader> Long Emini ES @ 2056.25 -> large size
[16:08:35] <wrbtrader> re-entry
[16:09:39] <wrbtrader> I expected more volatility than this to show up "after" 4:00pm est
[16:09:52] <wrbtrader> I'm disappointed
[16:10:45] <wrbtrader> Exited all Emini ES Long @ 2056.50 --> + 0.25
[16:11:00] <wrbtrader> Just churing the Long side
[16:11:20] <wrbtrader> what a crazy late after price action
[16:11:38] <wrbtrader> Take care all and see all tomorrow
[21:39:20] * Disconnected
Session Close: Wed Dec 30 21:39:20 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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