Login    Forum    Search    FAQ

Post new topic Reply to topic Bookmark and Share  [ 1 post ] 
Author Message
 Post subject: April 6th Wednesday - Futures, Forex, Stocks and ETFs
 Post Posted: Thu Apr 07, 2016 1:19 am 
Trader / Forum Admin

Joined: Tue Dec 16, 2008 1:02 am
Posts: 2745
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.

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

040616-Key-Price-Action-Markets.png [ 1.05 MiB | Viewed 63 times ]

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

Session Start: Wed Apr 06 00:00:00 2016
Session Ident: ##TheStrategyLab
[09:28:02] * Set by wrbtrader on Fri Dec 26 09:39:03 2014
[09:28:02] -ChanServ- [##TheStrategyLab] Chat room for day traders, swing traders, position traders using concepts from WRB Analysis to help improve the performance of their trade signal strategies. WRB Analysis free study guide @ http://www.thestrategylab.com/tsl/forum ... =119&t=718
[09:28:02] ##TheStrategyLab url is http://www.thestrategylab.com/tsl/forum/
[09:28:26] <Cayden> 10:30 ET Crude Oil Inventories, 2:00 ET FOMC Meeting Minutes
[09:28:34] <Cayden> Good Morning
[09:28:47] <Corner> Good morning all
[09:38:27] <Tigerman_____> gm all
[09:38:38] <Tigerman_____> sh spy 204.51
[09:38:52] <Tigerman_____> exit all @ 48 +3t
[09:38:56] <Tigerman_____> early exit
[09:39:17] <wrbtrader> Shorts Emini ES @ 2037.50 -> large size
[09:39:29] <wrbtrader> 20 contracts
[09:40:35] <Tigerman_____> sh spy 204.15 re-enter
[09:40:54] <Tigerman_____> pn vola continue and better confermation
[09:41:29] <Tigerman_____> correction sh 204.17
[09:41:34] <wrbtrader> Covered all Emini ES Short @ 2036.75 --> + 0.75
[09:41:48] <Tigerman_____> exit 2/3 @ 13
[09:42:05] <Tigerman_____> exit all rem @14 +3t
[09:42:18] <Tigerman_____> spme issue still on my platform
[09:42:28] <Tigerman_____> I have busy busy days
[09:42:39] <Tigerman_____> no time to check this issue
[09:42:53] <Tigerman_____> it is mandatary x me of course
[09:42:55] <wrbtrader> I got spooked out of that Short because of the potential Long setup trying to show up
[09:43:59] <wrbtrader> Shorts Emini ES @ 2036.50 -> large size
[09:44:05] <wrbtrader> re-entry
[09:47:43] <Tigerman_____> Nq on his own
[09:47:55] <Tigerman_____> resist to push down
[09:50:48] <wrbtrader> As each day goes by for the past 3 weeks...Emini TF becomes a little more attractive to trade than Emini ES futures
[09:52:01] <Cayden> I've been wondering that very subject with The VIX numbers dropping
[09:52:10] <wrbtrader> Covered all Emini ES Short @ 2039.25 --> - 2.75
[09:52:45] <wrbtrader> Shorts Emini ES @ 2039.00 -> large size
[09:52:53] <wrbtrader> re-entry
[09:53:40] <wrbtrader> ES hit that wall below while TF pushed through it and then the support showed up to take it higher...faster than TF :(
[09:55:20] <wrbtrader> Crude Oil CL futures got its sticky fingers in the markets again
[09:55:56] <Tigerman_____> Fomc at 2pm everytime morning action is a mess
[09:58:16] <wrbtrader> Covered all Emini ES Short @ 2038.25 --> + 0.75
[09:58:28] <wrbtrader> spooked out again :(
[10:00:37] <TradeSnake______> Short GC @ 1223.0
[10:05:59] <wrbtrader> Long Emini ES @ 2041.00 -> large size
[10:06:12] <wrbtrader> 20 contracts
[10:06:29] <wrbtrader> early on that...didn't realize it :(
[10:08:17] <wrbtrader> Exited all Emini ES Long @ 2040.50 --> - 0.5
[10:10:35] <Tigerman_____> lg spy 204.50
[10:12:04] <Tigerman_____> exit all @ 44-6tk
[10:13:22] <wrbtrader> Same price area yesterday with trading problems
[10:13:49] <wrbtrader> 2038 - 2041
[10:14:27] <Tigerman_____> lg spy 204.35
[10:15:17] <Tigerman_____> exit 2/3 @40 +5
[10:15:35] <Tigerman_____> exit all @ 37 +2t
[10:16:22] <wrbtrader> Shorts Emini ES @ 2038.75 -> large size
[10:16:29] <Tigerman_____> lg spy 204.35
[10:16:34] <wrbtrader> 20 contracts
[10:17:03] <Tigerman_____> exit 2/3 37 +2t
[10:17:38] <Tigerman_____> exit all rem @35 :(
[10:18:36] <Tigerman_____> sh soy 204.30
[10:18:49] <Tigerman_____> soy =Spy :)
[10:19:02] <Sharif___> long es @ 2037.25
[10:19:06] <wrbtrader> WRB pt1 reached (first one of the trading day for me)
[10:19:14] <Tigerman_____> exit 2/3 @ 21 +9t
[10:21:12] <wrbtrader> Covered all Emini ES Short @ 2036.75 --> + 2
[10:22:21] <Tigerman_____> exit all rem @ 204.17 +13tk
[10:24:30] <Tigerman_____> price tryto develop support here
[10:26:06] <kadtje> hi all
[10:26:13] <Tigerman_____> hi
[10:27:06] <kadtje> hi tigerman
[10:28:05] <mtntrader___> KME warning: Oil inventories in 3 minutes
[10:32:48] <Sharif___> got out with +.5
[10:32:53] <Sharif___> didn't get out at the top...
[10:32:54] <Sharif___> grr
[10:36:04] <Sharif___> short es @ 2039.25
[10:37:35] <kadtje> Long Emini NQ @ 4476.50
[10:38:58] <Cayden> Oil report a non event-
[10:39:12] <Sharif___> got out, -2
[10:39:44] <kadtje> Exited all Emini NQ Long @ 4482.00 --> + 5.5
[10:41:20] <Tigerman_____> lg spy 204.50
[10:41:34] <Tigerman_____> intuition
[10:42:25] <Tigerman_____> exit 2/3 @ 64 +14t
[10:44:16] <Tigerman_____> exit all rem @67 +17t
[10:44:37] <kadtje> vn
[10:45:50] <wrbtrader> Emini futures now above their problematic price areas from yesterday
[10:45:59] <wrbtrader> Hopefully they can stay above it
[10:46:13] <kadtje> indd
[10:46:27] <kadtje> lets see
[10:46:55] <kadtje> ... maybe gap close nq
[10:49:06] <Tigerman_____> lg spy 204.81
[10:49:44] <Tigerman_____> exit 2/3 @88 +7t
[10:51:19] <Tigerman_____> exit all rem @ 92 +11t
[10:57:33] <t4n> oil continued from overnight
[10:58:03] <Tigerman_____> lg spy 204.86 experiment
[10:58:22] <Tigerman_____> exit 2/3 @89 +3t
[11:01:49] <TradeSnake______> Appears to be a lot of trapped shorts from earlier...
[11:01:59] <kadtje> gap close nq
[11:03:45] <Tigerman_____> exit all rem @ 205.24 +38 tks
[11:04:39] <kadtje> vn vn vn
[11:05:28] <kadtje> top trading tigerman
[11:05:57] <Tigerman_____> lg spy 205.23
[11:06:33] <wrbtrader> Long Emini ES @ 2048.00 -> large size
[11:06:56] <Tigerman_____> exit 2/3 @ 27 +4t
[11:07:02] <wrbtrader> 10 contracts
[11:10:37] <Tigerman_____> exit all rem @ 30 +7 tk
[11:10:47] <Tigerman_____> not trust vola continue
[11:12:36] <Tigerman_____> kadtje ..... thanks x appreciate my efforts :)
[11:18:51] <wrbtrader> Exited all Emini ES Long @ 2048.00 --> 0
[11:19:18] <wrbtrader> I gave it a lot of time to get moving...no WRB pt level and just chopping around
[11:23:43] <efloortrader7> SHORT ZB @ 65-15 swing
[11:23:51] <efloortrader7> 1 lot
[11:30:35] <wrbtrader> Long Emini ES @ 2049.25 -> large size
[11:30:51] <wrbtrader> There's pressure but it just can't pop thru
[11:30:59] <wrbtrader> nevermind
[11:31:33] <wrbtrader> Eminis now above that tight trading range except for Emini TF...its stilll testing it
[11:31:46] <wrbtrader> nevermind
[11:31:51] <wrbtrader> It too is now above :)
[11:32:29] <wrbtrader> WRB pt1 reached
[11:38:56] <wrbtrader> Exited all Emini ES Long @ 2049.75 --> + 0.5
[11:39:03] <wrbtrader> :(
[11:39:30] <wrbtrader> Forex going crazy
[11:39:47] <wrbtrader> EurUsd currency and GbpUsd currency
[11:40:02] <wrbtrader> something going on in the markets
[11:40:15] <TradeSnake______> Covered GC @ 1224.0 --> -1.0
[11:40:25] <efloortrader7> No Gas in the ES right now, likely waiting on FOMC minutes to release guessing. :)
[11:48:09] <Tigerman_____> I m right back... market used my absence to push up further :)
[11:50:15] <Tigerman_____> lg spy 205.58
[11:50:30] <Tigerman_____> intuition
[11:53:09] <wrbtrader> Long Emini ES @ 2051.00 -> large size
[11:53:21] <wrbtrader> 10 contracts
[11:53:33] <wrbtrader> Ok Tigerman...I got your back now
[11:54:15] <Tigerman_____> exit 2/3 @61 +3t
[11:54:20] <wrbtrader> We only need to do now is to start throwing in 100 contracts to the Long side every 10 seconds to push this higher :)
[11:55:08] <wrbtrader> If we don't have the capital for such...we need to call in a few favors at the exchange
[11:57:50] <TradeSnake______> YM test over night highs
[11:57:52] <wrbtrader> Exited all Emini ES Long @ 3052.00 --> + 1001
[11:58:00] <wrbtrader> wow
[11:58:04] <wrbtrader> :)
[11:58:13] <Tigerman_____> exit all rem @ 204.65 +7t
[11:58:25] <wrbtrader> Exited all Emini ES Long @ 2052.00 --> + 1
[11:58:40] <Tigerman_____> wrbtrader maybe one day ES will reach that level
[11:59:25] <Tigerman_____> in next years
[11:59:36] <wrbtrader> The way they move the markets higher and higher on all the economic issues the past few years...
[11:59:58] <wrbtrader> They problem can get it to 5000.00 in a few years :)
[12:00:08] <wrbtrader> problem = probably
[12:00:31] <Tigerman_____> simply most of Index gain is just money print
[12:00:38] <wrbtrader> Yep
[12:01:00] <Tigerman_____> the rich wonderland
[12:01:27] <Tigerman_____> simply is not allowed destroy the money dream
[12:01:47] <wrbtrader> If Bernie Sanders pulls the upset over Clinton...
[12:02:06] <wrbtrader> Will see a completely different Wall Street for the worst for use retail traders
[12:02:48] <wrbtrader> People on Wall Street will be walking around with "permits to carry"
[12:02:50] <wrbtrader> :)
[12:03:07] <wrbtrader> In reference to firearms
[12:03:41] <Tigerman_____> what is your concern about "worst for retailers " wrbtrader ?
[12:39:01] <wrbtrader> Increased fees, more retrictions on retailers and institutions, less tax deductions and so on
[12:39:26] <wrbtrader> Essentially, trading becomes more expensive
[12:44:49] <Tigerman_____> ah ok thanks for your thought
[12:46:12] <wrbtrader> Long Emini ES @ 2051.50 -> large size
[12:46:26] <wrbtrader> 20 contracts
[12:47:35] <wrbtrader> I ususually hate these types of snail like price movements but mainly due to those unexpected (out of nowhere) price spikes
[12:47:49] <wrbtrader> Today I'm a little more comfortable with them
[12:47:57] <wrbtrader> so far
[12:49:26] <wrbtrader> There's that price spike I hate :(
[12:53:17] <wrbtrader> Scary looking at the correlations of the volatility between Emini ES futures and Crude Oil CL futures since 1030am est
[12:54:18] <Cayden> twins
[12:57:09] <Tigerman_____> take care all see next time
[13:18:29] <wrbtrader> Exited all Emini ES Long @ 2053.50 --> + 2
[13:21:00] <t4n> oil decided not to go with es up
[13:32:05] <TradeSnake______> Long YM @ 17598
[13:40:03] <TradeSnake______> Covered YM @ 17603 --> +5
[13:40:44] <TradeSnake______> Will wait until after FOMC minutes to do anything else
[14:02:39] <wrbtrader> Shorts Emini ES @ 2051.50 -> large size
[14:02:55] <wrbtrader> 10 contracts
[14:06:16] <wrbtrader> Covered all Emini ES Short @ 2050.75 --> + 0.75
[14:10:53] <wrbtrader> Shorts Emini ES @ 2049.50 -> large size
[14:11:01] <wrbtrader> 20 contracts
[14:11:03] <mtntrader___> Short ES 2049.00
[14:14:34] <mtntrader___> Covered all at scratch
[14:16:27] <wrbtrader> Emini ES futures fighting too much :(
[14:16:54] <wrbtrader> Covered all Emini ES Short @ 2048.75 --> + 0.75
[14:35:36] <mtntrader___> Short ES 2049.00, re-entry
[14:37:06] <patrader> ES returns to the price area of the prior WRBHG up from 10 AM (3 min/5 min)
[14:37:20] <mtntrader___> We'll see if its ready to break southward.
[14:38:11] <patrader> Looks like it. It had been defending the 2048 price area like a newborn baby for the last 20 mins or so.
[14:38:24] <Cayden> that close under 48.25 will help the SHORT
[14:38:47] <mtntrader___> Agree Cayden
[14:39:49] <Cayden> need to get under 43.75 on your way through managing this thing
[14:42:40] <mtntrader___> Covered all 2047.00, +2
[14:44:12] <Cayden> bird in the hand
[14:45:17] <mtntrader___> Yep. Kind of looks like we may get lower, so I will look for a re-entry.
[14:54:54] <mtntrader___> Short ES 2048.50
[14:56:30] <mtntrader___> Covered all 2049.00, -.5
[15:05:15] <wrbtrader> Long Emini ES @ 2055.25 -> large size
[15:05:29] <wrbtrader> 10 contracts
[15:07:06] <kadtje> es gap close @2057.00 1 min
[15:12:17] <wrbtrader> Exited all Emini ES Long @ 2055.50 --> + 0.25
[15:17:30] <wrbtrader> Long Emini ES @ 2055.75 -> large size
[15:17:38] <wrbtrader> re-entry
[15:17:43] <wrbtrader> 20 contracts
[15:27:06] <wrbtrader> Exited all Emini ES Long @ 2056.25 --> + 0.5
[15:27:23] <wrbtrader> :(
[15:32:05] <wrbtrader> I can't keep paying higher to only get 1 - 2 ticks
[15:32:19] <wrbtrader> I need for this to pullback about 2 points
[15:35:15] <Cayden> i tend to believe its going to be the little market that could noe- folow the symetry after the 3:04 up spike. It took 8 minutes for participants to re chart into Mondays price action- About the same amount of time to parse through The FOMC release- crazy baby!
[15:38:43] <kadtje> Shorts Emini NQ @ 4529.00
[15:39:42] <wrbtrader> Emini ES futures has filled the regular session gap Mon - Tues
[15:40:09] <kadtje> Covered all Emini NQ Short @ 4526.00 --> + 3
[15:41:11] <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.
[15:42:00] <wrbtrader> Long Emini ES @ 2056.25 -> large size
[15:42:08] <wrbtrader> 20 contracts
[15:51:01] <wrbtrader> Exited 1/2 Emini ES Long @ 2058.75 --> + 2.5
[15:51:08] <wrbtrader> WRB pt1 reached
[15:52:04] <wrbtrader> WRB pt1 reached
[15:52:17] <wrbtrader> meant reached by 1 tick
[16:15:01] <wrbtrader> Exited Remainder Emini ES Long @ 2060.25 --> + 4
[16:16:55] <wrbtrader> Take care all and see all tommorrow
[17:57:44] * Disconnected
Session Close: Wed Apr 06 17:57:44 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 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

 Profile E-mail  
Display posts from previous:  Sort by  
Post new topic Reply to topic Bookmark and Share  [ 1 post ] 

Who is online

Users browsing this forum: No registered users and 1 guest


You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
You cannot post attachments in this forum

Search for:
Jump to:  
Translated by Xaphos © 2007, 2008, 2009 phpBB.fr