Login    Forum    Search    FAQ



Post new topic Reply to topic Bookmark and Share  [ 1 post ] 
Author Message
 Post subject: September 20th Wednesday - Futures, Forex, Stocks and ETF
 Post Posted: Wed Sep 20, 2017 11:31 pm 
Offline
Trader / Forum Admin

Joined: Tue Dec 16, 2008 1:02 am
Posts: 2522
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
M.A. Perry a.k.a. wrbtrader (more info about me): http://www.thestrategylab.com/wrbtrader.htm
TheStrategyLab Reviews: http://www.thestrategylab.com/thestrategylab-reviews.htm
Business Hours: 8am - 5pm est (Mon - Fri)
wrbanalysis@gmail.com (24/7)
Twitter @ http://twitter.com/wrbtrader (24/7)
Stocktwits @ http://stocktwits.com/wrbtrader (24/7)

##TheStrategyLab primary purpose is for you to post your WRB Analysis, post your price action analysis, ask real-time questions about WRB Analysis or post your real-time trades in a timestamp environment...the free chat room is a trade journal of your trading day (thoughts and trades). In fact, if you think the only feedback you need is your broker statements...the free chat room will be a waste of your time and you will increase the odds of failing at trading.

The free chat room is located on the Freenode IRC network along with being a serious professional trading chat room for traders that want to talk about your use of 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) merged with your trade methods to improve the performance of their trade methods regardless if you're a position trader, swing trader or day trader. Therefore, you're welcome to use the free chat room to ask questions about WRB Analysis, post your 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 Review - This is not a signal calling trading room. We have no interest in trading rooms where a head trader tells other traders when to buy and sell because the business model for such isn't suitable for helping traders to succeed as independent traders. This chat room is free and many years ago it was started by users of WRB Analysis. Our job is to moderate (keep the peace between members) the chat room and to answer any questions involving WRB Analysis. Once again, the purpose of the free chat room is 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 thoughts and how you interacted with the markets on any given trading day in the past. Therefore, if you use the 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. Thus, the usefulness of ##TheStrategyLab chat room is determined via your participation in the chat room.

Yet, you're not require to use the free chat room as a trade journal to get help with your trading. Instead, as recommended by some users of WRB Analysis, you can use professional trade journal services such as tradebench.com, edgewonk.com, tradervue.com, tradingdiarypro.com, stocktickr.com, journalsqrd.com, tradingdiary.pro, mxprofit.com or trademetria.com for quantitative statistical analysis of their trading in combo with our chat room or your private thread to discuss with us the statistical analysis of your trading so that we can help you to improve your use of WRB Analysis. You can then request a private thread for you to share the professional trade journal analysis of your trading with us for us to review. Therefore, you have many choices. You can use our chat room (you maintain your own statistics) as a trade journal or you can use professional trade journal services to do the work for you.

Also, do not attempt to use our chat room as a signal calling trade room via trying to mimic (copy) trades posted by members. If you do such, you will be KICKED from the chat room without warning. In fact, most of the negative commentary about TheStrategyLab website is by traders after we've removed them from the free chat room, removed them from the forum or removed them from the website for violating our terms of use policy.

Quote:
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 reviewing (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

Attachment:
092017-Key-Price-Action-Markets.png
092017-Key-Price-Action-Markets.png [ 1.04 MiB | Viewed 7 times ]

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

##TheStrategyLab Archive Chat Logs

Session Start: Wed Sep 20 09:32:47 2017
Session Ident: ##TheStrategyLab
[09:32:48] * Now talking in ##TheStrategyLab
[09:32:48] * 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'
[09:32:48] * Set by wrbtrader on Fri Dec 26 09:39:03 2014
[09:32:49] ##TheStrategyLab url is http://www.thestrategylab.com/tsl/forum/
[09:44:42] <wrbtrader> Long Emini ES @ 2506.50 -> large size
[09:44:50] <wrbtrader> 10 contracts
[09:47:56] <wrbtrader> Exited all Emini ES Long @ 2507.00 --> + 0.5
[09:47:59] <wrbtrader> crazy trade for me
[09:48:49] <Trendtrader> wrb, intuition?
[09:48:52] <wrbtrader> First time I've traded that way in the range of Long Shadow intervals
[09:48:54] <wrbtrader> Yes
[09:52:26] <wrbtrader> KME's today @ 10am, 1400pm (FOMC) and 1430pm est
[09:56:14] <wrbtrader> Shorts Emini ES @ 2505.00 -> large size
[09:56:31] <wrbtrader> 10 contracts
[09:57:34] <wrbtrader> poor entry due to over-analysis on that retracement back down to a long shadow interval behaving like a most recent reaction low
[09:59:08] <wrbtrader> Emini NQ futures causing some sync problems with other Emini futures
[10:00:02] <wrbtrader> Eurex FDAX futures price action very confusing...similar to yesterday :(
[10:01:15] <wrbtrader> Emini NQ futures now trying to move down the range of a Long Lower Shadow interval
[10:02:33] <wrbtrader> :(
[10:02:36] <wrbtrader> gesssh
[10:05:29] <wrbtrader> Covered all Emini ES Short @ 2505.00 --> 0
[10:06:26] <wrbtrader> Had to dump that trade...too much of a fight in Emini NQ futures as it slowing climbs back up the range of its big Down WRB Hidden GAP interval
[10:06:50] <wrbtrader> although key markets are not insync
[10:08:25] <wrbtrader> Eurex FDAX futures now putting pressure back upwards
[10:08:50] <wrbtrader> Its now filled in its most recent Down WRB Hidden GAP interval
[10:11:07] <wrbtrader> Shorts Emini ES @ 2504.50 -> large size
[10:11:20] <wrbtrader> 10 contracts
[10:11:43] <wrbtrader> shorted the most recent reaction low
[10:13:18] <wrbtrader> Usually there's more action than this the morning of a FOMC announcement
[10:13:30] <wrbtrader> This price action is just cryptic
[10:18:16] <wrbtrader> I may close this trade just to get out and wait to things heat up later after 1300pm est...about an hour before the FOMC announcement
[10:18:24] <wrbtrader> bouncing around a little now
[10:18:38] <wrbtrader> Covered all Emini ES Short @ 2504.25 --> + 0.25
[10:19:36] <wrbtrader> Emini NQ futures making a better effort now to move lower...down the range of its most recent Long Lower Shadow interval
[10:21:56] <wrbtrader> A lot of long shadow intervals since 0600hrs
[10:23:41] <wrbtrader> actually...too many
[10:23:49] <wrbtrader> Very indecisive price action
[10:27:11] <wrbtrader> That recent trade was a good example of some trades that I "early exit" when a WRB pt1 was not reached and a stop/loos protection was not hit.
[10:27:31] <wrbtrader> Basically...fear
[10:27:55] <wrbtrader> or lack of faith in the info the price action was giving me
[11:13:23] <wrbtrader> Although Emini NQ finally got below its most recen reaction lows of a volatility spike and a few Down WRB Hidden GAP intervals...
[11:13:59] <wrbtrader> Emini ES futures just couldn't keep the same pace...it fought a lot harder than Emini NQ futures
[13:42:52] <wrbtrader> This market today has been waiting (price action today) for the FOMC announcement
[13:43:31] <wrbtrader> I hope a strong movement occurs to make the wait worth it
[14:01:12] <wrbtrader> Shorts Emini ES @ 2503.50 -> large size
[14:01:33] <wrbtrader> 10 contracts
[14:01:53] <wrbtrader> took 2x longer to get a fill on that Short
[14:03:31] <wrbtrader> Covered all Emini ES Short @ 2500.50 --> + 3
[14:05:12] <wrbtrader> Shorts Emini ES @ 2502.75 -> large size
[14:05:20] <wrbtrader> re-entry
[14:05:32] <wrbtrader> 10 contracts
[14:06:00] <wrbtrader> price action traveling down the range of the most recent long lower shadow interval
[14:07:04] <wrbtrader> another long lower shadow interval produced :(
[14:07:07] <wrbtrader> Covered all Emini ES Short @ 2502.50 --> + 0.25
[14:07:35] <wrbtrader> Shorts Emini ES @ 2501.75 -> large size
[14:07:41] <wrbtrader> re-entry
[14:07:46] <wrbtrader> 10 contracts
[14:08:12] <wrbtrader> again price is traveling down the range of the most recent long lower shadow interval
[14:11:42] <wrbtrader> Covered all Emini ES Short @ 2501.25 --> + 0.5
[14:12:44] <wrbtrader> Emini ES futures not able to retest the lows of those long lower shadow intervals
[14:13:15] <wrbtrader> retracing back up the long lower shadow interval
[14:14:01] <wrbtrader> Shorts Emini ES @ 2502.25 -> small size
[14:14:11] <wrbtrader> 3 contracts
[14:14:16] <wrbtrader> re-entry
[14:15:21] <wrbtrader> Emini NQ futures having the same problem in the range of its most recent long lower shadow interval but its doing better than Emini ES futures
[14:17:07] <wrbtrader> I've been working hard 2017 on the new trade strategies involving Long Shadow intervals...
[14:17:28] <wrbtrader> Temporarily halted duing the fall of 2016 due to my illness
[14:18:45] <wrbtrader> Emini YM futures and DIA now traveling down the range of their most recent long lower shadow interval
[14:19:16] <wrbtrader> Emini NQ futures is the only one now that's fighting not to go lower
[14:20:27] <wrbtrader> Emini ES futures now BELOW the low of the long lower shadow interval
[14:21:41] <wrbtrader> WRB pt1 reached
[14:22:25] <wrbtrader> Covered all Emini ES Short @ 2495.50 --> + 6.75
[14:24:30] <wrbtrader> Unfortunately, a lot of newbies see price action movements like that and jump in without testing their strategies because they think the market will be like that every trading day or most trading days
[14:25:12] <wrbtrader> Forgetting that the FOMC announcement is a KME...the context of any technical trade signal
[14:27:04] <wrbtrader> Emini YM futures and DIA produced another long lower shadow interval
[14:27:25] <wrbtrader> Price action just retraced back above the R area of that long lower shadow interval
[14:28:16] <wrbtrader> Long Emini ES @ 2498.00 -> small size
[14:28:27] <wrbtrader> 2 contracts
[14:28:49] <wrbtrader> 2 ticks too slow getting into that Long position
[14:30:20] <wrbtrader> Exited all Emini ES Long @ 2497.25 --> - 0.75
[14:30:51] <wrbtrader> Shorts Emini ES @ 2497.00 -> medium size
[14:30:57] <wrbtrader> 5 contracts
[14:31:11] <wrbtrader> price action back below the prior R area
[14:33:50] <wrbtrader> Covered all Emini ES Short @ 2497.00 --> 0
[14:35:24] <wrbtrader> Shorts Emini ES @ 2497.25 -> medium size
[14:35:36] <wrbtrader> re-entry 5 contracts
[14:37:08] <wrbtrader> Covered all Emini ES Short @ 2496.00 --> + 1.25
[14:39:22] <wrbtrader> A lot of back n forth near the S area of the most recent Down WRB Hidden GAP area for the Emini futures
[15:15:03] <wrbtrader> Calm, contraction in the volatility now
[15:21:18] <wrbtrader> Long Emini ES @ 2501.75 -> small size
[15:21:20] <wrbtrader> Emini ES futures in the range of a most recent long upper shadow interval
[15:21:55] <wrbtrader> Emini NQ futures now above the range of its most recent long upper shadow interval
[15:23:46] <wrbtrader> Reminder - My WRB Analysis and market analysis is for me only...for my documentation as I move from trade to trade so that I understand the numbers in my broker statements and professional trade journal software.
[15:24:11] <wrbtrader> Simply, this is not an educational chat room nor a signal calling trade room.
[15:24:28] <wrbtrader> 2 contracts on the Long position
[15:33:25] <wrbtrader> Exited all Emini ES Long @ 2503.25 --> + 1.5
[15:33:32] <wrbtrader> WRB pt1 reached
[15:43:53] <wrbtrader> Shorts Emini ES @ 2502.25 -> small size
[15:44:05] <wrbtrader> 2 contracts
[15:44:58] <wrbtrader> Short at the S area of the most recent Up WRB Hidden GAP interval
[15:45:48] <wrbtrader> Price action fighting back up
[15:47:08] <wrbtrader> Covered all Emini ES Short @ 2503.00 --> - 0.75
[15:48:29] <wrbtrader> Long Emini ES @ 2503.75 -> small size
[15:48:42] <wrbtrader> 3 contracts
[15:51:24] <wrbtrader> Exited all Emini ES Long @ 2506.00 --> + 2.25
[15:52:46] <wrbtrader> exited trade just above the R area of the Down WRB Hidden GAP interval of 1305pm est interval - 5min chart
[16:20:47] <wrbtrader> Take care all and see all tomorrow
Session Close: Thu Sep 21 00:00:00 2017

-------------------------

##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 free 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.

Quote:
The free chat room is not a signal calling trading room and we do not believe in the business model of a head trader telling other traders when to buy and sell. Its a flawed approach to trading in which a trader can not learn how to be a successful independent trader.

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 CME Emini RTY Futures (formerly ICE TF)

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

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, racist, harassment, lies, hackers, pikers, trolls that's a distraction to members of our chat room, our forum or our website. Yet, the original logs are always maintain for security reasons and legal reasons if needed.

Review of TheStrategyLab @ http://www.thestrategylab.com/tsl/forum/viewtopic.php?f=84&t=3167

TheStrategyLab Review @ http://www.thestrategylab.com/thestrategylab-reviews.htm

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)
a.k.a. wrbtrader (more info about me): http://www.thestrategylab.com/wrbtrader.htm
TheStrategyLab 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
wrbanalysis@gmail.com (24/7)
Twitter @ http://twitter.com/wrbtrader (24/7)
Stocktwits @ http://stocktwits.com/wrbtrader (24/7)


Top 
 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:  
cron
Translated by Xaphos © 2007, 2008, 2009 phpBB.fr