Login    Forum    Search    FAQ

Post new topic Reply to topic Bookmark and Share  [ 1 post ] 
Author Message
 Post subject: April 18th Monday - Futures, Forex, Stocks and ETF
 Post Posted: Tue Apr 19, 2016 6:49 pm 
Trader / Forum Admin

Joined: Tue Dec 16, 2008 1:02 am
Posts: 2883
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

041816-Key-Price-Action-Markets.png [ 1.08 MiB | Viewed 77 times ]

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

Session Start: Mon Apr 18 09:30:18 2016
Session Ident: ##TheStrategyLab
[09:30:18] * Now talking in ##TheStrategyLab
[09:30:18] * 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'
[09:30:18] * Set by wrbtrader on Fri Dec 26 09:39:03 2014
[09:30:20] ##TheStrategyLab url is http://www.thestrategylab.com/tsl/forum/
[09:36:18] <wrbtrader> Long Emini ES @ 2067.75 -> large size
[09:36:27] <wrbtrader> 10 contracts
[09:38:09] <wrbtrader> Exited all Emini ES Long @ 2068.00 --> + 0.25
[09:38:32] <wrbtrader> I don't like how this price started behaving after my entry...
[09:38:44] <wrbtrader> I would rather stay on the sidelines for awhile
[09:39:40] <wrbtrader> Most recent reaction high reached by the Emini ES futures via the 3min chart all session
[09:41:37] <wrbtrader> Nice increasing volatility taking prices higher
[09:41:50] <wrbtrader> Eminis keeping pace with each other too...that's good
[10:01:41] <wrbtrader> another spike upwards
[10:01:46] <wrbtrader> KME
[10:02:21] <wrbtrader> Long Emini ES @ 2077.25 -> large size
[10:02:37] <wrbtrader> 20 contracts
[10:03:35] <Tigerman_____> gm all
[10:03:45] <Tigerman_____> lg spy 208.21
[10:06:05] <lightenup1> Long YM 17857
[10:06:07] <wrbtrader> I don't need much because this "could be" a quick trading day for me...I have a dental appointment in the late afternoon that I'm trying to cancel for another day this month. I just want a small profit before the afternoon just in case I can't get different appointment date.
[10:07:12] <lightenup1> Flat ym 17867 +10
[10:07:29] <wrbtrader> I have a lose tooth after accidentally getting hit in the face by a line drive while playing baseball with one of my kids
[10:07:49] <Tigerman_____> exit 1/2 @ 29 +8t
[10:08:05] <mtntrader____> Sounds like you better keep that afternoon appointment.
[10:08:52] <wrbtrader> Exited all Emini ES Long @ 2078.00 --> + 0.75
[10:08:57] <wrbtrader> Yep
[10:10:05] <Tigerman_____> exit all rem @ 25 +4t
[10:14:52] <Tigerman_____> lg spy 208.24
[10:15:02] <Tigerman_____> exit all @ 28 +4t
[10:15:12] <Tigerman_____> re-entry in same action
[10:54:13] <wrbtrader> Long Emini ES @ 2082.50 -> large size
[10:54:20] <wrbtrader> 10 contracts
[10:54:27] <mtntrader____> Long ES 2082.50
[10:57:46] <wrbtrader> Exited all Emini ES Long @ 2082.75 --> + 0.25
[10:58:02] <mtntrader____> Covered all 2072.75, +.25
[10:58:08] <wrbtrader> That trade felt like some trades from the other day...
[10:58:21] <wrbtrader> No follow through after a WRB pt1 was reached
[10:58:52] <mtntrader____> Yeah, I should have taken the first target. Got greedy, I guess.
[11:03:16] <TradeSnake______> Short YM @ 17867
[11:21:48] <TradeSnake______> Covered YM @ 17887 --> -20
[11:43:59] <wrbtrader> Crude Oil CL futures and Brend OIL futures spiking strongly higher
[11:45:11] <mtntrader____> Yes, so much for the Doha debacle.
[12:10:49] <lightenup1> Long ym 17885
[12:21:53] <lightenup1> Flat ym 17899 +12
[12:23:36] <lightenup1> Point 1 reached
[12:23:52] <lightenup1> 2 min chart
[13:27:39] <Tigerman_____> take care all
[15:17:09] <lightenup1> Long Ym 17902
[15:28:49] <lightenup1> Point 1 reached
[15:43:08] <lightenup1> point 2 reached
[15:47:36] <wrbtrader> Long Emini ES @ 2088.00 -> large size
[15:47:48] <wrbtrader> 10 contracts
[15:51:20] <wrbtrader> Exited all Emini ES Long @ 2087.50 --> - 0.5
[15:52:16] <lightenup1> Flat ym 17914 +12
[15:59:53] <wrbtrader> Long Emini ES @ 2087.75 -> large size
[16:00:04] <wrbtrader> 10 contracts
[16:00:41] <wrbtrader> No juice in the 4pm est rush hour traffic :(
[16:01:40] <wrbtrader> That big gap down at the open on the regular session hours and then the fast run back upwards...took all the steam out the Eminis
[16:03:37] <mtntrader____> I think you are right. Pretty quiet closing today.
[16:04:27] <wrbtrader> The only good thing about day's like this that just drift slowly in a direction after a big opening movement...
[16:04:41] <wrbtrader> It sets up volatility for the next trading day
[16:05:09] <wrbtrader> Hopefully that volatility doesn't show up in the early morning hours before the regular trading session
[16:05:13] <mtntrader____> A lot of Mondays have been slow and quiet. Hope you are right.
[16:07:18] <wrbtrader> Exited all Emini ES Long @ 2086.00 --> - 1.75
[16:09:00] <Senge> YM futures now spiking higher, ES not following.
[16:10:10] <wrbtrader> Long Emini ES @ 2086.25 -> large size
[16:10:23] <mtntrader____> I am going to have to re-subscribe to the TF futures. Sometimes the only sane one of the bunch.
[16:10:29] <wrbtrader> 20 contracts
[16:11:12] <wrbtrader> Emini ES futures has been struggling a lot lately (past month) with its volatility and ability to keep up with the other Eminis
[16:11:32] <wrbtrader> Yet, this morning it surprisingly kept the pace with the others
[16:12:48] <mtntrader____> Hmmm YM at its highs
[16:13:41] <wrbtrader> mtntrader...I haven't been doing much trading in Emini ES lately and I may temporary trade Emini TF for awhile because of the better volatility movements
[16:13:52] <wrbtrader> I'll make my decision this weekend
[16:14:28] <mtntrader____> Good idea. I thought with the higher fees that most retail traders would abandon the TF. Perhaps not so.
[16:15:27] <wrbtrader> I'm still holding 20 because that last minute surge try to push higher.
[16:15:57] <wrbtrader> I will unload it when the maintenance period completes and hopefully at a higher price
[16:16:39] <mtntrader____> Good luck. CL had a little spike at the end. Maybe some help from that.
[16:17:08] <wrbtrader> Yep...CL and YM
[16:18:30] <mtntrader____> I have to go. I'll check back later to see how you came out, wrbtrader. You almost never have a losing day. Guessing you won't today either.
[16:18:59] <wrbtrader> I don't mind losing days...I just want to keep them small as possible
[16:19:20] <wrbtrader> I do mind getting them on a Friday
[16:19:25] <mtntrader____> ;-)
[16:19:31] <wrbtrader> I hate thinking about it over a weekend
[16:32:13] <wrbtrader> Exited 1/2 Emini ES Long @ 2086.75 --> + 0.5
[16:43:38] <wrbtrader> Exited Remainder Emini ES Long @ 2086.25 --> 0
[16:45:54] <wrbtrader> Take care all and see all tomorrow
[19:57:57] * Disconnected
Session Close: Mon Apr 18 19:57:59 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