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 Post subject: March 14th Monday - Futures, Forex, Stocks and ETFs
 Post Posted: Wed Mar 16, 2016 7:36 pm 
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Joined: Tue Dec 16, 2008 1:02 am
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Location: Canada
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##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


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

Session Start: Mon Mar 14 09:27:56 2016
Session Ident: ##TheStrategyLab
[09:27:56] * Now talking in ##TheStrategyLab
[09:27:56] * 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'
[09:27:56] * Set by wrbtrader on Fri Dec 26 09:39:03 2014
[09:27:56] ##TheStrategyLab url is http://www.thestrategylab.com/tsl/forum/
[09:40:04] <Sharif___> short es @ 2008
[09:47:46] <wrbtrader> Shorts Emini ES @ 2005.50 -> large size
[09:47:57] <wrbtrader> 10 + 10 contracts
[09:49:49] <Sharif___> target reached, exit @ 2005 --> +3
[09:54:57] <wrbtrader> Covered all Emini ES Short @ 2003.50 --> + 2
[09:55:18] <wrbtrader> WRB pt1 reached and almost a WRB pt2
[09:58:46] <efloortrader7> Bonds stalling after filling in WRBHG off 1min left from Friday's drop
[09:59:28] <wrbtrader> Shorts Emini ES @ 2003.25 -> large size
[09:59:42] <wrbtrader> 10 contracts
[09:59:47] <wrbtrader> intuition trade
[10:00:35] <wrbtrader> I haven't done too well in my intuition trades the past month
[10:01:06] <wrbtrader> mostly due to trade management problem in not protecting the trade after it starts going my way
[10:03:12] <mtntrader___> Do you keep stats on your intuition trades? Seems to me that you used to kill it with those.
[10:03:12] <wrbtrader> Covered all Emini ES Short @ 2003.25 --> 0
[10:06:34] <wrbtrader> Yes, I keep stats...about 12 years worth
[10:07:14] <efloortrader7> That's a lot of data :-)
[10:08:06] <wrbtrader> Yeah but I really don't have time to review those stats nor keep any info like weekly, monthly or yearly summaries
[10:08:16] <wrbtrader> Just raw data not compiled
[10:09:11] <mtntrader___> Well, your intuition seems to be right a remarkable percentage of the time.
[10:09:31] <efloortrader7> Short ZB 61-20 1 lot
[10:10:09] <wrbtrader> Meant I did compiled data once for a year several years back...I was around 78% on my intuition trades
[10:10:22] <wrbtrader> compiled the raw data
[10:10:44] <wrbtrader> All other years...just uncompiled raw data
[10:13:42] <wrbtrader> sneaky price action right now
[10:13:49] <wrbtrader> jumpy too
[10:15:06] <wrbtrader> Long Emini ES @ 2005.25 -> large size
[10:15:13] <wrbtrader> 10 contracts
[10:15:22] <wrbtrader> intuition
[10:15:30] <wrbtrader> following Emini YM
[10:15:54] <wrbtrader> meant...I'm following Emini YM and I hope Emini ES does the same :)
[10:16:31] <mtntrader___> Ah, that's two intuition trades in one day. You're over your limit. ;-)
[10:16:50] <wrbtrader> Yep...twos the limit
[10:17:09] <wrbtrader> Hopefully its worthwhile doing such so early in the day
[10:18:13] <wrbtrader> Exited all Emini ES Long @ 2005.25 --> 0
[10:18:22] <wrbtrader> it tried
[10:19:08] <wrbtrader> I thought YM had a good shot at taking out its regular session high and that the others will follow for awhile
[10:19:18] <wrbtrader> It almost did it but hit a road block
[10:29:39] <mtntrader___> We've seen too many Mondays like this lately. Dead slow.
[10:30:16] <Sharif___> it's also contract exp week, you'd think it'd be a bit different than this
[10:31:53] <Sharif___> short es @ 2006.75
[10:32:48] <Corner> Good morning all
[10:33:17] <wrbtrader> It will be different Tuesday and Wednesday
[10:33:36] <wrbtrader> Also, I think we have another Super Tuesday in politics ?
[10:33:48] <Sharif___> ahh
[10:33:52] <wrbtrader> or maybe that's next week...I'm not sure
[10:34:09] <wrbtrader> I'll check tonight to be sure
[10:34:14] <Senge> It's tomorrow.
[10:34:19] <patrader> This week
[10:34:19] <wrbtrader> Ok...thanks
[10:34:34] <Senge> Florida and Ohio
[10:34:52] <patrader> Illinois is too
[10:35:13] <wrbtrader> Yeah, a lot of delegates on those states to try to capture
[10:35:15] <patrader> It got a little wild here after Trump's rally got shut down
[10:36:27] <patrader> Had to avoid an entire section of the city
[10:36:36] <patrader> I'm planning to stay inside tomorrow
[10:36:39] <patrader> Needless to say
[10:39:51] <Cayden> Good Morning everybody
[10:44:57] <efloortrader7> ZB Short Flat now +4 1 lot
[10:45:00] <Sharif___> got out w/ -1
[10:46:04] <wrbtrader> Shorts Emini ES @ 2008.25 -> large size
[10:46:12] <wrbtrader> :(
[10:46:16] <wrbtrader> trade errpr
[10:46:22] <wrbtrader> error
[10:47:13] <wrbtrader> Covered all Emini ES Short @ 2009.25 --> - 1
[10:48:30] <wrbtrader> Hopefully Emini ES can pullback before trying to pop to 2011
[10:48:48] <wrbtrader> error was on 10 contracts
[10:55:05] <Sharif___> long es @ 2007
[10:59:23] <Sharif___> changed my mind, got out with -1
[11:04:19] <Sharif___> retrying @ 2007, last trade, i think today is not the day to trade. maybe afternoon session will have something different.
[11:04:22] <Sharif___> long
[11:05:40] <Sharif___> out. w/ -1.5
[11:28:21] <wrbtrader> Long Emini ES @ 2008.50 -> large size
[11:28:36] <wrbtrader> 10 contracts
[11:29:59] <wrbtrader> volatility spike Down
[11:30:34] <wrbtrader> Exited all Emini ES Long @ 2007.00 --> - 1.5
[11:35:36] <wrbtrader> Shorts Emini ES @ 2006.00 -> large size
[11:35:49] <wrbtrader> 30 contracts
[11:37:44] <wrbtrader> volatility trying to breakout...the wrong way for me
[11:39:45] <wrbtrader> volatility has been increasing between the 2007.00 - 2006.00 price area
[11:40:14] <wrbtrader> break the upside of that now
[11:42:47] <wrbtrader> :(
[11:43:05] <platform115> this is a really tough one
[11:44:13] <wrbtrader> If Emini ES can get back inside that increasing volatility area of 2007.00 - 2006.00
[11:44:36] <wrbtrader> I have a chance to get out of this trade with a small loss or small profit
[11:46:20] <wrbtrader> price action now changed...it has a new most recent reaction low :(
[11:46:48] <wrbtrader> before it was 2007.00
[11:47:03] <wrbtrader> now its 2005.75
[11:47:29] <wrbtrader> now much room for error it it drops into that area of 2005.75
[11:48:04] <wrbtrader> could easily stall there if it gets there and quickly power back upwards off that price area as a support
[11:49:18] <wrbtrader> More key markets range bound now on low volatility
[11:49:48] <wrbtrader> something will pop here soon because key markets do not like being range bound together like that
[11:49:55] <Cayden> may need one og your Houdini escapes in this tricky spot
[11:51:43] <Senge> Lower reaction highs, higher reaction lows ...
[11:51:45] <wrbtrader> Emini ES has that rising reaction lows I mentioned earlier
[11:53:47] <wrbtrader> :(
[11:56:27] <platform115> something going to pop
[11:56:50] <wrbtrader> I gotta respect that 2005.75 reaction low
[11:57:07] <wrbtrader> Covered 1/3 Emini ES Short @ 2005.25 --> + 0.75
[11:57:14] <platform115> well done sir!
[12:00:42] <wrbtrader> Covered 1/3 Emini ES Short @ 2005.75 --> + 0.25
[12:00:54] <wrbtrader> Unfortunetly that Big Down WRB interval produced only a small WRB pt1 for my trade
[12:01:17] <wrbtrader> because it had already gone 2 points against me
[12:02:14] <wrbtrader> Now its trying to bounce off that earlier 2005.00 reaction low
[12:04:44] <wrbtrader> WRB pt2 reached but not able to grab it
[12:07:57] <wrbtrader> Covered Remainder Emini ES Short @ 2005.75 --> + 0.25
[12:08:47] <mtntrader___> Good patience on that trade, wrbtrader.
[12:09:02] <Cayden> that was work- range work
[12:10:20] <wrbtrader> Yeah...a lot of things showed up after entry into the trade
[12:10:47] <wrbtrader> The only clue I started getting was about that 2005.75 level
[12:11:19] <wrbtrader> Thus, I had to respect it (do my exits) at or near that level because of the bounce back upwards potential
[12:11:41] <wrbtrader> especially if they occur as a tiny WRB pt1
[12:12:54] <Cayden> now its working past the midway point of the recent down wrbhg
[12:18:42] <wrbtrader> Emini ES has retraced that big Down WRB HG interval
[12:19:01] <platform115> IWM still lagging
[12:31:15] <Cayden> es matched HOD with recent wrbhg- ym and nq made new hod with same wrbhg- TF is a brat
[12:43:13] <patrader> reg session gap filled
[12:44:04] <Cayden> thanks patrader
[14:06:48] <mtntrader___> Crude collapsing
[14:43:07] <wrbtrader> Long Emini ES @ 2013.25 -> large size
[14:43:14] <wrbtrader> 20 contracts
[14:44:37] <wrbtrader> Exited all Emini ES Long @ 2013.00 --> - 0.25
[14:47:03] <mtntrader___> Long ES 2013.00
[14:48:36] <wrbtrader> Long Emini ES @ 2013.25 -> large size
[14:48:46] <wrbtrader> re-entry
[14:57:44] <Senge> Long ES @ 2012.50
[15:00:48] <efloortrader7> ZB late short @ 61-15
[15:00:55] <efloortrader7> 1 lot
[15:01:23] <efloortrader7> see if we can close 30min WRB on downside
[15:01:45] <wrbtrader> Exited all Emini ES Long @ 2012.25 --> - 1
[15:02:10] <mtntrader___> Covered all 2011.50, -1.5
[15:02:19] <Senge> Exit ES @ 2011.50 -1
[15:13:20] <mtntrader___> Long ES 2012.50
[15:15:36] <mtntrader___> Covered all at scratch
[15:18:53] <Cayden> something is backing 11.50-
[15:21:21] <Cayden> maybe there will be support inside 2010- 2011.25- dont see this back stop holding too much longer
[15:26:01] <mtntrader___> Long 2012.50, one last attempt
[15:26:14] <wrbtrader> Long Emini ES @ 2014.25 -> large size
[15:26:23] <wrbtrader> re-entry
[15:26:54] <wrbtrader> unreal at those earlier careful trades that didn't get anything to now see it pop like this
[15:27:37] <wrbtrader> By the way, Emini TF futures is thin :(
[15:31:33] <mtntrader___> Covered all 2013.50, +1
[15:34:14] <wrbtrader> back to that earlier tight range with low volatility
[15:34:34] <wrbtrader> Exited all Emini ES Long @ 2012.25 --> - 2
[15:36:11] <wrbtrader> Up on increasing volatility...back Down on decreasing volatility
[15:36:38] <wrbtrader> Long Emini ES @ 2012.50 -> large size
[15:36:47] <wrbtrader> re-entry
[15:43:33] <wrbtrader> Exited all Emini ES Long @ 2012.75 --> + 0.25
[15:44:37] <wrbtrader> Long Emini ES @ 2012.75 -> large size
[15:44:44] <wrbtrader> re-entry
[15:47:59] <mtntrader___> Time for a nice ramp into the close, isn't it?
[15:48:25] <wrbtrader> Its been behaving too thin with its volatility
[15:48:42] <wrbtrader> If it does ramp up...I will be very surprised...a nice surprise
[15:50:34] <wrbtrader> Exited all Emini ES Long @ 2013.00 --> + 0.25
[15:52:50] <Senge> A lot of congestion in this price area back on Jan 4-5.
[15:53:51] <wrbtrader> Shorts Emini ES @ 2012.00 -> large size
[15:54:04] <wrbtrader> 20 contracts
[15:55:17] <wrbtrader> :(
[15:55:19] <wrbtrader> geeesh
[15:55:57] <wrbtrader> Covered all Emini ES Short @ 2012.00 --> 0
[15:57:02] <wrbtrader> Long Emini ES @ 2012.00 -> large size
[15:57:33] <wrbtrader> I tried to get a few ticks out of that Short before it tried to ramp upwards
[15:58:15] <wrbtrader> regardless...the Longs haven't worked the way I wanted them recently
[15:58:43] <wrbtrader> unusual number of breakeven trades also today for me
[15:59:41] <wrbtrader> Exited all Emini ES Long @ 2011.00 --> - 1
[16:04:59] <wrbtrader> Shorts Emini ES @ 2009.75 -> large size
[16:07:27] <wrbtrader> Only YM and NQ manage to stay above Friday's close
[16:13:15] <wrbtrader> No volatility after the 4pm est rush hour traffic...only contraction.
[16:13:18] <wrbtrader> :(
[16:15:22] <wrbtrader> still holding...
[16:15:44] <wrbtrader> I want to see how this re-opens fter the maintenance period
[16:16:58] <mtntrader___> I'm curious too. I will stay with you in this chat room.
[16:17:23] <wrbtrader> I did notice Emini TF remain calm...barely moved in that 4:15pm est close
[16:17:33] <wrbtrader> That's not normal for TF
[16:18:13] <mtntrader___> True. The TF has been worthless as a leader today. Most days I find it very helpful.
[16:23:49] <patrader> Calling it a day. Take care all.
[16:30:56] <wrbtrader> Covered Emini ES Short @ 2009.50 --> + 0.25
[16:31:30] <wrbtrader> not worth the wait :(
[16:32:22] <mtntrader___> Take care. See you tomorrow.
[16:32:28] <wrbtrader> I spend 10 minutes examing the daily charts and hourly charts for a swing...nothing there too
[16:33:47] <wrbtrader> I still holding 10 contract remainders...still trying to decide
[16:35:17] <wrbtrader> Emini ES near a S area of an unfilled Up WRB Hidden GAP interval on the daily chart
[16:35:24] <wrbtrader> Its not a WRB Zone
[16:36:19] <wrbtrader> In reference to the all session chart
[16:37:57] <mtntrader___> Are you thinking about holding those 10 overnight, or just watching them into the Asian session?
[16:38:24] <wrbtrader> Thinking about just watching them into the Asian session...
[16:38:36] <wrbtrader> I don't want to be Short going into Super Tuesday
[16:38:50] <mtntrader___> Hmmmm.... good point.
[16:39:02] <wrbtrader> Biggest lost I've ever had was holding a Short into Super Tuesday
[16:39:14] <wrbtrader> I don't want a nighmare like that ever to happen again
[16:39:48] <mtntrader___> I don't see you having very many losing days, wrbtrader.
[16:40:20] <wrbtrader> The issue isn't having a losing day each month...
[16:41:17] <mtntrader___> I know, its keeping the size of that daily loss under control.
[16:41:20] <wrbtrader> The key is the next trading day AFTER the losing day because there's usually something weird in that losing day (like today) that sets up the price action in the following trading day to be exploited.
[16:42:12] <mtntrader___> I will watch for that tomorrow. Thanks for the heads up.
[16:42:16] <wrbtrader> I've decided now
[16:43:45] <wrbtrader> lets see if someone can take me out @ 2008.75 and if not...I'll start going up a tick each time
[16:45:13] <wrbtrader> Need to be careful about going back into last in teh queu line with any order movement
[16:52:31] <wrbtrader> I've decided to not wait for the Asia markets to open...will do an early exit.
[16:53:36] <wrbtrader> I will get up early tomorrow to around 5am est to watch to see how this price action is going to lead into the Super Tuesday to see if I can catch an early Long position
[16:54:47] <mtntrader___> This is not really Super Tuesday tomorrow. That was two weeks ago. But there are, I believe, four primaries tomorrow, so it could be important.
[16:55:30] <wrbtrader> Covered Remainder Emini ES Short @ 2009.50 --> + 0.25
[16:55:54] <wrbtrader> Tomorrow is some big delegates
[16:56:14] <mtntrader___> Ok, have a good night.
[16:56:16] <wrbtrader> Hopefully there's no riots
[16:57:15] <wrbtrader> If there are riots tomorrow...it will kill the traditional market tendencies about the markets and politics
[16:57:57] <wrbtrader> Take care all...will be back early around 5am est and may call it quits early if I can catch a decent move
[17:07:44] <efloortrader7> Gn everyone
Session Close: Tue Mar 15 00:00:00 2016

-------------------------

##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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