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 Post subject: April 26th Tuesday - Futures, Forex, Stocks and ETF
 Post Posted: Wed Apr 27, 2016 7:56 am 
Trader / Forum Admin

Joined: Tue Dec 16, 2008 1:02 am
Posts: 2707
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

042616-Key-Price-Action-Markets.png [ 1.31 MiB | Viewed 46 times ]

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

Session Start: Tue Apr 26 09:28:33 2016
Session Ident: ##TheStrategyLab
[09:28:33] * Now talking in ##TheStrategyLab
[09:28:33] * 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'
[09:28:33] * Set by wrbtrader on Fri Dec 26 09:39:03 2014
[09:28:34] ##TheStrategyLab url is http://www.thestrategylab.com/tsl/forum/
[09:34:22] <Tigerman_____> gm all
[09:34:39] <patrader> GM
[09:35:33] <patrader> KME Pending @ 9:45 AM EST- Flash Services PMI
[09:36:01] <patrader> Additional KMEs @ 10 AM EST, also a big earnings day
[09:36:13] <patrader> A lot of hype around Apple earnings, which is after the bell.
[09:37:46] <wrbtrader> Shorts Emini ES @ 2085.00 -> large size
[09:37:59] <wrbtrader> 10 contracts
[09:38:25] <wrbtrader> Covered all Emini ES Short @ 2085.50 --> - 0.5
[09:42:02] <wrbtrader> Shorts Emini ES @ 2086.00 -> large size
[09:42:18] <wrbtrader> re-entry
[09:42:36] <wrbtrader> both trades are intuition
[09:43:07] <wrbtrader> to see if they can penetrate deep into the regular session gap considering not much effort is being made to go higher
[09:43:14] <lightenup> short YM 17922
[09:43:35] <kadtje> hi all
[09:45:40] <Tigerman_____> cunfusing so far
[09:45:51] <Tigerman_____> I just did some short mixed results
[09:46:06] <lightenup> Flat YM 17932 -10
[09:46:10] <Tigerman_____> every spike is retraced frast
[09:46:19] <wrbtrader> Covered all Emini ES Short @ 2087.00 --> - 1
[09:46:43] <kadtje> Long Emini NQ @ 4472.00
[09:47:00] <kadtje> Exited all Emini NQ Long @ 4477.50 --> + 5.5
[09:47:21] <kadtje> wrb pt 1
[09:58:37] <wrbtrader> Long Emini ES @ 2090.00 -> large size
[09:58:44] <wrbtrader> 20 contracts
[09:58:59] <wrbtrader> I got burnt by a similar like trade recently
[09:59:55] <wrbtrader> It had then done one of those out of nowhere snapbacks after moving a few ticks my way
[10:00:22] <wrbtrader> I'm going to be a little more aggressive with my stop adjustments on this trade
[10:01:50] <wrbtrader> Exited all Emini ES Long @ 2090.25 --> + 0.25
[10:04:05] <kadtje> Shorts Emini NQ @ 4481.25
[10:04:18] <Tigerman_____> tight and slow action now
[10:04:24] <kadtje> Covered all Emini NQ Short @ 4479.25 --> + 2
[10:04:28] <Tigerman_____> on e-minies
[10:04:57] <Tigerman_____> I suspect big boys wait Fed news is out before enter
[10:07:49] <wrbtrader> Long Emini ES @ 2090.00 -> large size
[10:08:05] <wrbtrader> 10 contracts
[10:08:42] <wrbtrader> NQ fell off the rock
[10:11:24] <wrbtrader> Emini ES futures retested a prior reaction high from the early morning session that occurred around 0800am est
[10:13:34] <wrbtrader> Exited all Emini ES Long @ 2089.00 --> - 1
[10:13:58] <wrbtrader> Shorts Emini ES @ 2088.50 -> large size
[10:14:05] <wrbtrader> 20 contracts
[10:19:33] <TradeSnake______> Short GC @ 1244.0
[10:23:50] <wrbtrader> Covered all Emini ES Short @ 2086.25 --> + 2.25
[10:23:52] <wrbtrader> WRB pt1 reached
[10:25:01] <wrbtrader> Emini ES futures back retesting the Open of the regular session gap
[10:25:24] <TradeSnake______> Covered GC @ 1242.0 --> +2.0
[10:25:29] <wrbtrader> I had problems Shorting that area earlier today
[10:27:00] <wrbtrader> Shorts Emini ES @ 2084.75 -> large size
[10:27:15] <wrbtrader> 20 contracts
[10:27:23] <wrbtrader> intuition again in the gap
[10:27:55] <wrbtrader> Emini ES futures now closed that regular gap
[10:28:31] <wrbtrader> same with everybody elese except for Emini TF futures
[10:28:44] <wrbtrader> :(
[10:31:51] <lightenup1> Long YM 17884
[10:34:50] <wrbtrader> If Emini TF can rollover south by a point...ES will start to follow via a few ticks
[10:36:53] <lightenup> Flat YM 17889 +5
[10:37:55] <wrbtrader> :(
[10:40:52] <wrbtrader> Covered 1/2 Emini ES Short @ 2082.00 --> + 2.75
[10:41:03] <wrbtrader> WRB pt2 reached
[10:41:17] <wrbtrader> Covered Remainder Emini ES Short @ 2082.75 --> + 2
[10:41:45] <wrbtrader> trail stop pick-pocketed :(
[10:49:08] <trader1453> Hi, my first day here, Im looking for Long trade setups for GBPUSD 5M TF as we are inside a WRB HG Zone after a KME. Any corrections are welcome as Im very new with the concepts
[10:50:22] <wrbtrader> welcome and I'm glad we have a Forex trader in here
[10:50:35] <trader1453> thanks
[10:58:49] <trader1453> long GU at 4588
[10:58:56] <trader1453> engulfing 5M
[10:59:26] <trader1453> stop 45737 below swing low
[11:26:01] <trader1453> move stop BE after WRB 5M
[11:32:14] <trader1453> out BE
[13:15:43] <Tigerman_____> take care all
[13:32:35] <kadtje> Long Emini NQ @ 4448.00
[13:32:47] <kadtje> Exited all Emini NQ Long @ 4449.00 --> + 1
[14:14:05] <Senge> Long ES @ 1982.5
[14:16:57] <Senge> Exit ES @ 1984 +1.5
[14:28:15] <lightenup> Long YM 1702
[14:28:27] <lightenup> 17902
[14:30:47] <wrbtrader> Shorts Emini ES @ 2081.75 -> small size
[14:30:50] <lightenup> Flat YM 17882 -20
[14:30:53] <wrbtrader> 5 contracts
[14:32:00] <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.
[14:48:22] <wrbtrader> Covered all Emini ES Short @ 2083.75 --> - 2
[14:49:43] <wrbtrader> Long Emini ES @ 2084.50 -> large size
[14:49:51] <wrbtrader> 10 contracts
[14:50:18] <lightenup> Long ym 17901
[14:52:00] <lightenup> snap back again
[14:52:02] <wrbtrader> snapback
[14:55:55] <wrbtrader> They've been occurring a lot lately (several weeks now) in price action when there's less liquidity, low volatility and range bound
[14:56:13] <lightenup> Flat YM 17881 -20
[14:58:10] <mtntrader____> Agreed, wrbtrader, the range bound afternoon price action is challenging. Can't enter near the high or low of the range because they rarely break out of the range. I'm hoping things will improve after the FOMC announcement tomorrow.
[15:08:01] <wrbtrader> Exited all Emini ES Long @ 2083.25 --> - 1.25
[15:08:34] <wrbtrader> Emini TF had the same problem again when it got above 1147.50
[15:08:49] <wrbtrader> I wasn't going to hang around in Emini ES futures for another snapback
[15:10:19] <wrbtrader> Shorts Emini ES @ 2082.50 -> large size
[15:10:27] <wrbtrader> 20 contracts
[15:11:31] <wrbtrader> Emini ES futures at its most recent reaction low
[15:12:02] <wrbtrader> Other Eminis need to retest there's for this Short to have a chance
[15:13:43] <wrbtrader> Covered all Emini ES Short @ 2082.25 --> + 0.25
[15:14:06] <wrbtrader> too much of a price stall here
[15:15:42] <wrbtrader> Others now retesting their most recent reaction low
[15:17:50] <wrbtrader> Long Emini ES @ 2082.00 -> large size
[15:18:02] <wrbtrader> 20 contracts
[15:18:25] <wrbtrader> I was waiting for this after the price stalled on that Short
[15:18:57] <wrbtrader> snapback in Emini TF futures :(
[15:18:58] <wrbtrader> geeesh
[15:22:38] <wrbtrader> Emini NQ futures made intraday regular session lows but oddly my charts don't say it :(
[15:23:49] <wrbtrader> Algos can run this 2 - 3 ticks back n forth and be happy with that
[15:24:26] <wrbtrader> :(
[15:25:17] <wrbtrader> Exited all Emini ES Long @ 2080.25 --> - 1.75
[15:25:50] <wrbtrader> TF still holding
[15:29:24] <wrbtrader> Long Emini ES @ 2082.25 -> large size
[15:29:30] <wrbtrader> re-entry
[15:29:37] <wrbtrader> 10+10 contracts
[15:38:33] <wrbtrader> Exited 1/2 Emini ES Long @ 2084.75 --> + 2.5
[15:39:31] <wrbtrader> Exited Remainder Emini ES Long @ 2084.75 --> + 2.5
[15:39:36] <wrbtrader> early exit
[15:40:01] <wrbtrader> I'm going to call it quits here because these snapbacks are too tough
[15:40:35] <wrbtrader> I had two snapbacks go against me (unlucky) and now a snapback go my way (lucky)
[15:40:47] <wrbtrader> It just feels like gambling right now
[15:40:52] <wrbtrader> Take care and see all tomorrow
[15:45:11] <mtntrader____> See you.
[16:09:56] <kadtje> gn all
[19:18:52] * Disconnected
Session Close: Tue Apr 26 19:18:53 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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