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 Post subject: April 25th Monday - Futures, Forex, Stocks and ETF
 Post Posted: Tue Apr 26, 2016 12:07 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

042516-Key-Price-Action-Markets.png [ 1.46 MiB | Viewed 55 times ]

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

Session Start: Mon Apr 25 09:15:36 2016
Session Ident: ##TheStrategyLab
[09:15:36] * Now talking in ##TheStrategyLab
[09:15:36] * 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'
[09:15:36] * Set by wrbtrader on Fri Dec 26 09:39:03 2014
[09:15:36] ##TheStrategyLab url is http://www.thestrategylab.com/tsl/forum/
[09:44:45] <wrbtrader> Shorts Emini ES @ 2078.25 -> large size
[09:44:57] <wrbtrader> 20 contracts
[09:50:47] <wrbtrader> slow price action but the Eminis are moving together
[09:50:49] <mtntrader____> Looks like nothing is going to be easy today.
[09:51:09] <wrbtrader> WRB pt1 reached
[09:52:54] <TradeSnake______> KME - New Home Sales @ 10am
[09:58:15] <lightenup> Short ym 17838
[09:59:24] <Cayden> new home sales in 1 minute
[10:00:04] <wrbtrader> 3x I almost got shaken out before the 1000am est KME
[10:03:19] <lightenup> Flat YM 17843 5
[10:03:24] <lightenup> -5
[10:03:53] <wrbtrader> Covered all Emini ES Short @ 2078.00 --> + 0.25
[10:05:12] <wrbtrader> Shorts Emini ES @ 2078.00 -> large size
[10:05:30] <wrbtrader> re-entry
[10:05:59] <wrbtrader> several long upper shadow intervals formed
[10:06:15] <wrbtrader> again WRB pt1 reached
[10:06:42] <wrbtrader> This is where the psychology of trading kicks in...
[10:06:54] <Coin> well said
[10:07:12] <lightenup> Short YM 17825
[10:07:20] <wrbtrader> I remember my prior trade hit a WRB pt1 and then it slowly retraced from a +2.50 to take me out for only a +0.25
[10:07:40] <lightenup> Flat YM 17815 +10
[10:07:42] <wrbtrader> goal for that trade was a WRB pt2
[10:08:00] <Coin> 5 minute wrb ?
[10:08:16] <wrbtrader> 3min and 5min
[10:08:20] <Coin> ok
[10:10:40] <lightenup> Short YM 17815
[10:14:02] <lightenup> Flat YM 17805 +10 Point 1 reached 1 min
[10:14:30] <wrbtrader> Covered 1/2 Emini ES Short @ 2074.75 --> + 3.25
[10:17:35] <Cayden> i have us breaking through resistance at 2074
[10:17:44] <wrbtrader> Covered Remainder Emini ES Short @ 2073.75 --> + 4.25
[10:17:44] <Cayden> on the ES mini 2 minute
[10:17:52] <wrbtrader> not a WRB pt2
[10:19:21] <wrbtrader> My patience was good until it dropped to 2074.50
[10:19:35] <wrbtrader> After that price...the battle was in my head
[10:20:21] <Coin> same after being ticked out of NQ
[10:20:41] <wrbtrader> Emini ES futures now hits the WRB pt2 @ 2073.00
[10:22:37] <Coin> great trade
[10:33:27] <TradeSnake______> Short GC @ 1242.8
[10:34:40] <werner> hi all
[10:34:50] <Coin> hi
[10:36:06] <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.
[10:41:27] <wrbtrader> Shorts Emini ES @ 2072.50 -> large size
[10:41:34] <wrbtrader> 10 contracts
[10:41:58] <wrbtrader> Covered all Emini ES Short @ 2072.75 --> - 0.25
[10:42:33] <wrbtrader> I dumped it because I realized after entry I did something wrong
[10:43:40] <wrbtrader> Shorts Emini ES @ 2073.00 -> large size
[10:43:48] <wrbtrader> re-entry
[10:44:12] <wrbtrader> missed the 2073.50 again
[10:44:14] <wrbtrader> :(
[10:46:11] <wrbtrader> more contraction now in the volatility
[10:51:30] <wrbtrader> Shorts Emini ES @ 2073.50 -> Add
[10:52:11] <wrbtrader> :(
[10:52:47] <wrbtrader> Covered 1/2 Emini ES Short @ 2073.00 --> + 0.5
[10:53:25] <wrbtrader> looks Emini ES is stuck inside the range of its most recent Up WRB HG interval on the 1min chart
[10:54:09] <wrbtrader> Covered Remainder Emini ES Short @ 2072.75 --> + 0.25
[10:55:39] <wrbtrader> Since 1030am est there has been 3 Up WRB Hidden GAP intervals on the 1min chart and each one has shared a lot of its ticks with the others.
[10:56:14] <wrbtrader> meant since 1021am est
[10:56:44] <wrbtrader> The price action keeps retracing back inside the range of those Up WRB HG intervals
[11:00:28] <werner> Shorts Emini NQ @ 4451.25
[11:00:57] <werner> Covered all Emini NQ Short @ 4448.75 --> + 2.5
[11:01:02] <Cayden> based on the price action - perhaps a break from this either way is going to establish direction
[11:02:53] <werner> ym and es range sideways
[11:06:35] <werner> mm russel?
[11:09:11] <werner> oeps
[11:09:25] <Cayden> oeps???
[11:09:41] <werner> wow
[11:09:56] <werner> hihi
[11:10:10] <werner> es ym
[11:10:22] <werner> range break
[11:14:18] <werner> Long Emini NQ @ 4448.00
[11:14:49] <werner> Exited all Emini NQ Long @ 4449.25 --> + 1.25
[11:21:40] <lightenup> Long ym 17804
[11:22:31] <lightenup> Flat YM 17814 +10
[11:34:03] <werner> Shorts Emini NQ @ 4453.50
[11:34:24] <werner> Covered all Emini NQ Short @ 4452.25 --> + 1.25
[11:45:01] <TradeSnake______> Covered GC @ 1242.6 --> +0.2
[11:51:20] <werner> Shorts Emini NQ @ 4447.25
[11:51:31] <werner> Covered all Emini NQ Short @ 4446.00 --> + 1.25
[11:52:31] <werner> diner here ...bbl
[11:54:40] <lightenup> Long YM 17815
[12:11:38] <lightenup> Flat YM 17807 -9
[12:33:14] <wrbtrader> A lot of key markets aren't doing much for the past hour or so
[12:33:59] <Cayden> FOMC week
[12:35:13] <Cayden> NQ is stepping out a bit here
[12:35:26] <Coin> NQ 2 prices fight
[12:35:50] <Coin> 47.50-51.25
[12:37:54] <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
[12:40:21] <Cayden> we have some open regular session gaps, (in striking distance), from 4-12 in the YM, ES and TF- nq cloesd that one friday
[12:45:34] <wrbtrader> Shorts Emini ES @ 2074.00 -> small size
[12:45:41] <wrbtrader> 5 contracts
[12:50:56] <wrbtrader> Covered all Emini ES Short @ 2075.25 --> - 1.25
[12:51:54] <mtntrader____> Decoupled from the TF again.
[12:53:55] <wrbtrader> Long Emini ES @ 2078.50 -> small size
[12:54:06] <wrbtrader> volatility spike out of nowhere
[12:54:11] <wrbtrader> 5 contracts
[12:57:08] <wrbtrader> Exited all Emini ES Long @ 2079.25 --> + 0.75
[12:57:28] <wrbtrader> that was an intuition trade
[13:09:02] <werner> Shorts Emini NQ @ 4461.25
[13:09:29] <werner> Covered all Emini NQ Short @ 4459.75 --> + 1.5
[13:14:53] <wrbtrader> Long Emini ES @ 2079.75 -> large size
[13:15:06] <wrbtrader> correction
[13:15:09] <wrbtrader> small size
[13:15:13] <wrbtrader> 5 contracts
[13:17:22] <Donnin___> might be a 10 pt move from here upside
[13:17:43] <Donnin___> to zone
[13:17:51] <wrbtrader> Lately they've been running it on the Long side during the mid-day
[13:18:34] <Donnin___> yeah
[13:19:04] <wrbtrader> Exited all Emini ES Long @ 2080.00 --> + 0.25
[13:24:55] <werner> Shorts Emini NQ @ 4461.50
[13:25:10] <werner> Covered all Emini NQ Short @ 4460.25 --> + 1.25
[13:26:46] <wrbtrader> Long Emini ES @ 2080.25 -> large size
[13:26:53] <wrbtrader> 10 contracts
[13:37:20] <wrbtrader> Exited all Emini ES Long @ 2078.25 --> - 2
[13:55:44] <wrbtrader> Long Emini ES @ 2078.75 -> large size
[13:55:53] <wrbtrader> 10 contracts
[14:00:26] <wrbtrader> problem again
[14:00:35] <wrbtrader> with the Eminis correlation
[14:00:50] <werner> yep see nq
[14:01:30] <werner> and russle
[14:01:35] <mtntrader____> Werner, the real divergence is with the TF
[14:01:42] <mtntrader____> Yep
[14:01:48] <Coin> I think it's more usual during earnings season
[14:01:48] <werner> indd
[14:02:41] <wrbtrader> Emini NQ has been more sensitive this earnings season than the others
[14:02:44] <werner> but i nq is key imo
[14:04:25] <Senge> Long ES @ 1979
[14:05:48] <wrbtrader> Exited all Emini ES Long @ 2078.75 --> 0
[14:10:43] <werner> if you look at the candlestick es and nq ...1 min you see the diffrent ... es candle 1 min can not be read
[14:12:17] <wrbtrader> That's one of the reasons why I put SPY next to ES because its easier to read the price action on SPY than Emini ES
[14:12:32] <werner> aha see
[14:12:39] <Coin> I am out for the day, have a great trading afternoon
[14:13:04] <werner> indd mark
[14:16:00] <werner> i am not from yesterday....+ 20 years trading here
[14:22:04] <Senge> Exit ES @ 2075.75 -3.25
[14:25:35] <werner> ter info ...werner is also kadtje
[14:26:06] <werner> my name is werner de kadt
[14:27:32] <Senge> Long ES @ 1977
[14:28:14] <werner> mmm mist long
[14:33:01] <wrbtrader> Long Emini ES @ 2077.75 -> large size
[14:33:14] <wrbtrader> 20 contracts
[14:36:57] <wrbtrader> something has sticky fingers on the price action right now
[14:37:00] <wrbtrader> :(
[14:38:42] <wrbtrader> right now it feels like the "Hunger Games"
[14:38:56] <wrbtrader> You just don't know when you're going to get knifed in the back
[14:39:37] <werner> Long Emini NQ @ 4461.00
[14:40:42] <werner> Exited all Emini NQ Long @ 4461.50 --> + 0.5
[14:40:49] <wrbtrader> Exited 1/2 Emini ES Long @ 2078.00 --> + 0.25
[14:41:11] <wrbtrader> Exited Remainder Emini ES Long @ 2077.75 --> 0
[14:42:38] <werner> Shorts Emini NQ @ 4459.50
[14:45:16] <werner> Covered all Emini NQ Short @ 4461.50 --> - 2
[14:58:30] <wrbtrader> Long Emini ES @ 2078.75 -> large size
[14:58:50] <wrbtrader> re-entry
[15:00:50] <wrbtrader> I didn't realize Emini NQ was near its resistance
[15:00:52] <wrbtrader> :(
[15:13:20] <wrbtrader> Exited all Emini ES Long @ 2077.25 --> - 1.5
[15:13:56] <wrbtrader> can't short this because so far it snaps back upwards :(
[15:18:18] <wrbtrader> price action needs to break below 2076 to consider a Short
[15:20:38] <wrbtrader> Long Emini ES @ 2076.75 -> large size
[15:20:58] <wrbtrader> re-entry
[15:25:23] <wrbtrader> Emini ES needs to get above/below the past hour range to prevent having a poor 4pm est rush hour traffic session
[15:28:22] <wrbtrader> I've had 4 consecutive Long positions get snapback on me after moving a few ticks my way after entry
[15:29:49] <wrbtrader> :(
[15:32:25] <TradeSnake______> Long YM @ 17854
[15:35:18] <wrbtrader> Exited all Emini ES Long @ 2077.25 --> + 0.5
[15:35:43] <wrbtrader> trail stolen
[15:36:07] <wrbtrader> Long Emini ES @ 2077.75 -> large size
[15:37:24] <wrbtrader> re-entry intuition after the trail pick pocketed
[15:38:17] <wrbtrader> Emini ES now back above the R area of the Up WRB HG interval 15min chart
[15:38:25] <wrbtrader> barely
[15:38:30] <wrbtrader> fighting to stay above it
[15:39:03] <wrbtrader> 2078.75
[15:42:48] <wrbtrader> a lot of price stalls today before those "out of nowhere) algo snapbacks shows up
[15:43:20] <wrbtrader> also a lot of long shadow intervals
[15:43:42] <wrbtrader> stall in the price
[15:43:45] <wrbtrader> L(
[15:43:50] <wrbtrader> :(
[15:49:25] <TradeSnake______> Covered YM @ 17875 --> +21
[15:51:27] <wrbtrader> Exited all Emini ES Long @ 2079.00 --> + 1.25
[15:53:07] <wrbtrader> Long Emini ES @ 2078.50 -> large size
[15:53:15] <wrbtrader> re-entry
[15:53:20] <wrbtrader> 10 contracts
[16:00:13] <Senge> Exit ES @ 2081 +4
[16:01:18] <wrbtrader> Exited all Emini ES Long @ 2082.50 --> + 4
[16:01:46] <wrbtrader> WRB pt1 reached via the 15min chart
[16:04:23] <werner> gn all
[16:04:57] <wrbtrader> nothing smooth today...just another battle in the trenches
[16:05:05] <wrbtrader> Take care all and see all tomorrow
[16:05:17] <Cayden> L8TR
[16:05:31] <mtntrader____> Bye alll
[16:05:48] <Senge> Take care
Session Close: Tue Apr 26 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 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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