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 Post subject: April 19th Tuesday - Futures, Forex, Stocks and ETF
 Post Posted: Tue Apr 19, 2016 6:51 pm 
Trader / Forum Admin

Joined: Tue Dec 16, 2008 1:02 am
Posts: 2907
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

041916-Key-Price-Action-Markets.png [ 1.07 MiB | Viewed 92 times ]

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

Session Start: Tue Apr 19 09:31:01 2016
Session Ident: ##TheStrategyLab
[09:31:01] * Now talking in ##TheStrategyLab
[09:31:01] * 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'
[09:31:01] * Set by wrbtrader on Fri Dec 26 09:39:03 2014
[09:31:02] ##TheStrategyLab url is http://www.thestrategylab.com/tsl/forum/
[09:39:40] <wrbtrader> Shorts Emini ES @ 2093.50 -> large size
[09:39:46] <wrbtrader> 20 contracts
[09:42:12] <lightenup1> Dow seems out of sync with ES and NQ
[09:42:19] <wrbtrader> Covered 1/2 Emini ES Short @ 2090.75 --> + 2.75
[09:42:39] <wrbtrader> not a WRB pt level
[09:43:18] <wrbtrader> I got spooked out of that 1/2 when I saw Emini TF futures trying hard to move back upwards
[09:44:14] <wrbtrader> Emini TF still pushing higher...so far Emini ES has been reluctant to show the same volatility
[09:44:21] <Senge> Long ES @ 2091.75
[09:45:01] <lightenup1> Do not have the TF any more as very expensive. It was good to have to watch all the e minis
[09:45:54] <wrbtrader> Emini NQ and Emini YM have been reluctant also
[09:47:24] <wrbtrader> Covered Remainder Emini ES Short @ 2093.00 --> + 0.5
[09:48:20] <wrbtrader> Shorts Emini ES @ 2093.25 -> large size
[09:48:28] <wrbtrader> re-entry
[09:48:34] <wrbtrader> 10 contracts
[09:50:40] <wrbtrader> Covered all Emini ES Short @ 2093.75 --> - 0.5
[09:51:59] <wrbtrader> Shorts Emini ES @ 2093.50 -> large size
[09:52:08] <wrbtrader> re-entry
[09:52:14] <wrbtrader> 10 contracts
[09:53:09] <wrbtrader> Covered all Emini ES Short @ 2093.00 --> + 0.5
[09:53:27] <wrbtrader> too many mix signals right now
[09:53:54] <Senge> Exit ES @ 2092.75 +1
[09:57:21] <wrbtrader> Long Emini ES @ 2094.50 -> large size
[09:57:31] <wrbtrader> 20 contracts
[09:59:07] <wrbtrader> Exited all Emini ES Long @ 2095.50 --> + 1
[09:59:52] <wrbtrader> not a WRB pt level
[10:04:21] <wrbtrader> Crude Oil CL futures huge spike upwards
[10:07:34] <wrbtrader> Long Emini ES @ 2097.00 -> large size
[10:07:48] <wrbtrader> 10 contracts
[10:07:54] <wrbtrader> :(
[10:08:03] <Cayden> looks as though NQ may finally want in on this up movement
[10:08:17] <wrbtrader> Exited all Emini ES Long @ 2097.00 --> 0
[10:08:28] <wrbtrader> trade entry error
[10:08:37] <wrbtrader> lucky to get out at breakeen
[10:31:07] <lightenup1> Long Dow 17989
[10:37:15] <lightenup1> Spike down Flat Dow 17981 -8
[10:43:06] <Tigerman_____> gm all
[10:46:26] <Tigerman_____> sh spy 209.84
[10:49:29] <Tigerman_____> exit aa @ 209.74 +10 tk
[11:42:01] <Tigerman_____> sh spy 209.84
[11:45:47] <Tigerman_____> exit all @ 81 +3tk
[11:46:01] <Tigerman_____> volatility is not here
[11:53:46] <Tigerman_____> sh spy 209.52
[11:54:22] <Tigerman_____> exit 2/3 @ 45 +7t
[11:58:33] <Tigerman_____> exit all rem @ 209.35 +17t
[12:07:20] <wrbtrader> Shorts Emini ES @ 2088.75 -> large size
[12:07:27] <wrbtrader> 10 contracts
[12:08:20] <wrbtrader> Shorts Emini ES @ 2088.75 -> Add
[12:11:58] <wrbtrader> Covered 1/2 Emini ES Short @ 2087.75 --> + 1
[12:12:06] <wrbtrader> WRB pt1 reached
[12:12:34] <wrbtrader> Covered Remainder Emini ES Short @ 2088.75 --> 0
[12:12:40] <wrbtrader> :(
[12:13:09] <TradeSnake______> Short GC @ 1256.5
[12:15:42] <wrbtrader> Shorts Emini ES @ 2087.50 -> large size
[12:15:46] <Tigerman_____> sh spy 209.16
[12:15:53] <wrbtrader> re-entry
[12:18:49] <Tigerman_____> exit all @ 12 +4 tk
[12:21:07] <wrbtrader> Covered all Emini ES Short @ 2086.25 --> + 1.25
[12:21:11] <wrbtrader> WRB pt1 reached
[12:24:15] <wrbtrader> Shorts Emini ES @ 2086.25 -> large size
[12:25:07] <wrbtrader> 10 contracts
[12:25:40] <wrbtrader> tough trade so far
[12:29:03] <wrbtrader> Covered all Emini ES Short @ 2087.50 --> - 1.25
[12:31:28] <wrbtrader> Shorts Emini ES @ 2087.00 -> large size
[12:31:46] <wrbtrader> 30 contracts
[12:32:46] <wrbtrader> big risk because the size of the trade doesn't correlate with the time of day I would do such
[12:33:45] <wrbtrader> Covered all Emini ES Short @ 2087.50 --> - 0.5
[12:34:39] <wrbtrader> Shorts Emini ES @ 2087.25 -> large size
[12:34:51] <wrbtrader> re-entry
[12:35:06] <Tigerman_____> take care all see next time
[12:44:14] <wrbtrader> Covered 1/3 Emini ES Short @ 2086.50 --> + 0.75
[12:44:41] <wrbtrader> Covered Remainder Emini ES Short @ 2087.00 --> + 0.25
[12:45:17] <wrbtrader> So far today...all my scale outs have been retraced after the first exit :(
[12:47:05] <wrbtrader> now it drops :(
[12:48:27] <wrbtrader> Shorts Emini ES @ 2085.75 -> large size
[12:48:37] <wrbtrader> re-entry
[12:53:30] <wrbtrader> Covered all Emini ES Short @ 2087.25 --> - 1.5
[12:55:19] <wrbtrader> That was the 2nd big pressure change in price direction today that returned to the prior reaction high/low on volatility
[12:55:52] <wrbtrader> The prior one started the downtrend today after the initial uptrend
[13:01:01] <wrbtrader> Long Emini ES @ 2088.75 -> large size
[13:01:17] <wrbtrader> 30 contracts
[13:13:40] <wrbtrader> It should have been able to push above 2090.00 and get back inside the range of a prior Down WRB Hidden GAP interval :(
[13:14:35] <wrbtrader> strange price action
[13:14:39] <wrbtrader> It just did
[13:14:56] <wrbtrader> as a WRB pt1 level
[13:16:02] <wrbtrader> Exited 2/3 Emini ES Long @ 2090.50 --> + 1.75
[13:16:43] <wrbtrader> trying the scale out again
[13:17:01] <wrbtrader> Exited Remainder Emini ES Long @ 2090.25 --> + 1.5
[13:17:05] <wrbtrader> :(
[13:23:33] <wrbtrader> 4 trades of size during this time of day did not pay off :(
[13:24:53] <wrbtrader> Lately I've been walking away after being bored and seeing very little movemnt and then when I return...I've missed a big movement that showed up at the most strangest time
[13:27:01] <wrbtrader> Emini ES trying hard now to retraded that Down WRB HG interval
[13:27:26] <TradeSnake______> Covered GC @ 1253.5 --> +3.0
[13:28:52] <Cayden> yep- nq, tf and es all trying that- TF just below it 1.5 handles
[13:45:52] <lightenup1> Long ym 17945
[13:51:30] <lightenup1> Flat YM 17955 +10
[15:25:12] <wrbtrader> There use to be a website that maintain real-time liquidity info on the Emini futures and Crude Oil...
[15:25:44] <wrbtrader> I use to take a look at it and than match it up with SC magazine liquidity monthly charts...it was accurate
[15:26:55] <wrbtrader> I would then measure the liquidity of a strong movement versus the liquidity of a similar like movement in the past.
[15:27:43] <wrbtrader> I discover rising liquidity in a trend would produce further directional movement
[15:28:29] <wrbtrader> declining liquidity in a trend would produce more chop, price stalls but it gave no indication of the direction
[15:29:01] <wrbtrader> Anyways, SC magazine no longer post their liquidity info and the other website is out of business :(
[15:29:28] <wrbtrader> It wasn't useful for trading but it gave a good picture of the price action I traded in the past
[15:30:08] <wrbtrader> Nanex is another website but they do not maintain real-time liquidity data
[15:36:47] <wrbtrader> Long Emini ES @ 2094.00 -> large size
[15:37:05] <wrbtrader> 10 contracts
[15:46:41] <Cayden> how would they talley liquidity- volume times price per tic?
[15:48:03] <wrbtrader> something to do with order matching
[15:53:02] <wrbtrader> Exited all Emini ES Long @ 2093.50 --> - 0.5
[15:56:36] <wrbtrader> Long Emini ES @ 2092.75 -> large size
[15:57:02] <wrbtrader> 1 contracts
[15:57:09] <wrbtrader> correction
[15:57:15] <wrbtrader> 10 contracts
[15:58:23] <wrbtrader> The past month the volatiliy just hasn't been there for the 4pm est rush hour trading session
[15:58:53] <wrbtrader> because of such its difficult to get a good gauge on the direction
[15:58:54] <Cayden> sounds a little like something you can view via Market Profile- wouldnt give you the actual $$$ values-
[16:03:46] <wrbtrader> just got choppy
[16:04:04] <wrbtrader> after some decent volatility
[16:13:53] <wrbtrader> Exited all Emini ES Long @ 2094.25 --> + 1.5
[16:14:05] <Cayden> Oil is pretty crazy volitile- crazier than the TF
[16:18:06] <wrbtrader> I would only trade Oil between 2am - 6am est if I had to trade it
[16:19:16] <wrbtrader> I think the European and Asia traders tend to give Crude Oil CL futures and Brent Oil futures a smoother ride in comparison to when the North Americans show up to the game :)
[16:20:23] <wrbtrader> Thus, I would have to relocate into a differeent time zone to keep Crude Oil trading from impacting my personal life
[16:20:34] <wrbtrader> Take care all and see all tomorrow
[16:21:22] <Cayden> OK- thanx
[19:42:17] * Disconnected
Session Close: Tue Apr 19 19:42:24 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

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