Login    Forum    Search    FAQ



Post new topic Reply to topic Bookmark and Share  [ 1 post ] 
Author Message
 Post subject: September 25th Monday - Futures, Forex, Stocks and ETF
 Post Posted: Wed Sep 27, 2017 9:06 pm 
Offline
Trader / Forum Admin

Joined: Tue Dec 16, 2008 1:02 am
Posts: 3326
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:
092517-Key-Price-Action-Markets.png
092517-Key-Price-Action-Markets.png [ 1.02 MiB | Viewed 236 times ]

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

##TheStrategyLab Archive Chat Logs

Session Start: Mon Sep 25 09:28:55 2017
Session Ident: ##TheStrategyLab
[09:28:55] * Now talking in ##TheStrategyLab
[09:28:55] * 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'
[09:28:55] * Set by wrbtrader on Fri Dec 26 09:39:03 2014
[09:28:55] ##TheStrategyLab url is http://www.thestrategylab.com/tsl/forum/
[09:32:48] <Tigerman______> gm all
[09:34:34] <Tigerman______> NQ seems in another page today
[09:36:57] <wrbtrader> agree
[09:37:47] <wrbtrader> Shorts Emini ES @ 2496.25 -> large size
[09:37:57] <wrbtrader> 10 contracts
[09:38:18] <wrbtrader> intuition...the Emini ES futures has to try to catch up to Emini NQ futures
[09:38:38] <wrbtrader> Its trying now
[09:39:21] <wrbtrader> It needs to at least drop below its most recent reaction low
[09:39:36] <wrbtrader> regardless...strange price action to see again
[09:39:58] <Tigerman______> yep ... it is this action cause loss :(
[09:40:00] <wrbtrader> Eurex DAX futures...not much of a reaction
[09:40:19] <Tigerman______> so I need hard to avoit it and stay sidelines
[09:44:02] <wrbtrader> Now Eurex DAX futures trying to push back upwards
[09:44:49] <wrbtrader> Covered all Emini ES Short @ 2497.25 --> - 1
[09:45:08] <wrbtrader> Crazy stuff going on in the world after the German election results
[09:45:26] <wrbtrader> Wouldn't be surprise its impacting Eurex DAX futures
[09:45:56] <wrbtrader> Shorts Emini ES @ 2497.00 -> large size
[09:46:03] <wrbtrader> re-entry
[09:46:28] <wrbtrader> 10 contracts
[09:46:53] <Tigerman______> mess price action
[09:49:59] <wrbtrader> key markets still not insync
[09:50:07] <wrbtrader> They are trying though
[09:51:07] <Tigerman______> that unsync prompt me to use small size and exit fast
[09:51:20] <Tigerman______> I just did 2 fast short trades on ES
[09:51:21] <wrbtrader> Covered 1/2 Emini ES Short @ 2496.25 --> + 0.75
[09:51:30] <Tigerman______> just collecting few ticks
[09:51:34] <wrbtrader> Covered Remainder Emini ES Short @ 2496.50 --> + 0.5
[09:51:47] <Tigerman______> simply till now ugly action
[09:53:43] <wrbtrader> I see long upper shadows in other key markets but not in Emini NQ futures
[10:02:13] <wrbtrader> Shorts Emini ES @ 2496.50 -> large size
[10:02:19] <wrbtrader> re-entry
[10:02:46] <wrbtrader> Key markets now insync or at least trying harder to be together
[10:03:26] <wrbtrader> Emini NQ futures needs to drop below its most recent reaction low
[10:05:47] <wrbtrader> Emini NQ futures just put in its first Long Shadow interval...a long lower shadow
[10:07:04] <Tigerman______> wrbtrader... did you refer to 2min chart NQ ?
[10:07:19] <wrbtrader> Covered all Emini ES Short @ 2497.25 --> - 0.75
[10:07:27] <wrbtrader> It was the 3min and 5min
[10:09:49] <wrbtrader> Emini NQ futures now above its most recent reaction high
[10:11:30] <wrbtrader> Long Emini ES @ 2499.00 -> large size
[10:12:14] <wrbtrader> R area reached of a prior Down WRB Hidden GAP interval
[10:13:21] <wrbtrader> I'm a little surprised by that considering Emini ES futures had so much trouble with getting above another Down WRB Hidden GAP interval
[10:14:50] <wrbtrader> Eurex DAX futures still having problems getting above the same Down WRB Hidden GAP interval that Emini ES futures is now above
[10:17:32] <wrbtrader> A lot of speeches today by the FOMC and ECB
[10:17:59] <wrbtrader> Its been awhile since I've seen that many between them in the same trading day
[10:21:43] <wrbtrader> Exited all Emini ES Long @ 2499.25 --> + 0.25
[10:24:12] <wrbtrader> Key markets not insync...again :(
[10:36:06] <wrbtrader> Shorts Emini ES @ 2497.25 -> large size
[10:37:09] <wrbtrader> volatility has increased in Eurex DAX futures and Emini ES futures
[10:37:22] <wrbtrader> Emini NQ futures seems to be about the same
[10:37:41] <wrbtrader> Thus, the volatility in other key markets has picked up (increased)
[10:37:52] <wrbtrader> 10 contracts
[10:38:24] <wrbtrader> Now a big Down WRB HIdden GAP interval in Emini ES futures has formed but its very choppyh
[10:39:16] <wrbtrader> Its trying to catch up to the most recent low I had talked about earlier that Emini NQ had dropped below but Emini ES did not
[10:39:46] <wrbtrader> That's what I'm hoping it will do because I'm currently at at big WRB pt1
[10:39:54] <wrbtrader> Its there
[10:40:16] <wrbtrader> Covered 1/2 Emini ES Short @ 2495.75 --> + 1.5
[10:41:52] <wrbtrader> Usually I don't have time to post my scale ins and scale outs.
[10:42:50] <wrbtrader> Price action very confusing to me today especially the price reactions of Emini NQ futures
[10:50:40] <wrbtrader> Covered Remainder Emini ES Short @ 2493.00 --> + 4.25
[10:53:03] <wrbtrader> Reviewing early charts and trades...I still can't determine how Emini ES futures was able to begin its retracement back upwards so strongly while the other key markets barely went upwards
[10:53:23] <wrbtrader> Then when those other markets counter-thrust upwards had failed...
[10:54:06] <wrbtrader> Emini ES futures over-reacted going back downwards...on higher volatility as if it was trying to make up for the strange earlier price action
[10:54:35] <wrbtrader> That most recent reaction lows was the key factor for me
[10:55:10] <wrbtrader> I remember Emini NQ had dropped below it while Emini ES futures was trying to push higher...very strange
[11:15:15] <wrbtrader> Emini ES futures struggling near the R area of its most recent Down WRB Hidden GAP interval - 1min chart
[11:15:59] <wrbtrader> Long Emini ES @ 2490.00 -> small size
[11:16:12] <wrbtrader> 2 contracts
[11:17:18] <wrbtrader> I should have lowered my position size a several trades ago during that difficult trading price action that was not insync instead of being aggressive in my trading
[11:22:41] <wrbtrader> DAX and NQ rolled over...ES too :(
[11:25:40] <wrbtrader> Exited all Emini ES Long @ 2492.00 --> + 2
[11:25:52] <wrbtrader> WRB pt1 reached
[11:28:16] <wrbtrader> almost got shaken out of that trade twice and one of those time it came within 2 ticks of hitting my stop loss at a recent S area of an unfilled Up WRB Hidden GAP interval
[11:40:22] <wrbtrader> This is what the market said too us this morning...
[11:40:27] <wrbtrader> https://media0.giphy.com/media/dAlQH4hf ... f#34-grid1
[11:41:04] <wrbtrader> It's one of those days
[12:09:30] <Tigerman______> take care all see next time
[12:14:45] <wrbtrader> Shorts Emini ES @ 2487.00 -> small size
[12:15:02] <wrbtrader> 3 contracts
[12:23:38] <wrbtrader> Covered all Emini ES Short @ 2487.50 --> - 0.5
[12:38:05] <wrbtrader> Long Emini ES @ 2489.00 -> small size
[12:38:13] <wrbtrader> 3 contracts
[12:39:43] <wrbtrader> Exited all Emini ES Long @ 2490.25 --> + 1.25
[12:41:01] <wrbtrader> Trade signal @ 2487.75 but I was late in seeing the trade signal and decided to enter because it had not yet hit a WRB pt1 based ib tge signal price of 2487.75
[12:59:14] <wrbtrader> Long Emini ES @ 2491.50 -> small size
[12:59:21] <wrbtrader> 2 contracts
[13:04:52] <wrbtrader> Long position not doing too well right now...I'm trading up the range of the recent Long Upper Shadow interval
[13:05:48] <wrbtrader> Exited all Emini ES Long @ 2492.00 --> + 0.5
[13:05:59] <wrbtrader> early exit
[13:06:37] <wrbtrader> I need to take a break now...be back later
[14:28:43] <wrbtrader> Shorts Emini ES @ 2490.25 -> small size
[14:28:55] <wrbtrader> 2 contracts
[14:32:50] <wrbtrader> WRB pt1 reached
[14:33:24] <wrbtrader> Covered all Emini ES Short @ 2489.00 --> + 1.25
[14:46:42] <wrbtrader> Why do professional traders (traders working for financial instituitions) go Rogue ?
[14:47:19] <wrbtrader> Article with well known names but there's many others
[14:47:25] <wrbtrader> https://www.ft.com/content/cbff2b02-1bc ... 144feabdc0
[14:48:19] <wrbtrader> I remember a conversation with my old man about this issue when he worked for the FED
[14:49:51] <wrbtrader> He believes (I agree) that these traders were not alone and did such with the approval of others but when they realize the losses will go public...the trader agree to take the fall for something that was not his/her decision alone
[14:50:42] <wrbtrader> I think they did it for "psychological reasons" and not financial considering they were already well paid...already making millions per year
[14:51:07] <wrbtrader> I think each had a different psychological reason
[14:51:26] <wrbtrader> Some may have done it "intentionally" to hurt the firm for whatever reason
[14:52:28] <wrbtrader> Some did it as a "challenge" to try to prove they were the best after someone else was recognize as the best trader
[14:54:15] <wrbtrader> Some did it for "love interest"
[14:54:29] <wrbtrader> Basically...power control
[14:54:35] <wrbtrader> :)
[15:02:37] <wrbtrader> I remember the first "rogue trader" story I heard was about Nick Leeson that caused the collapse of Barings Bank in England
[15:03:10] <wrbtrader> I was in Japan at the time when that happen and remember talking with my old man about the headlines on Xmas vacation
[15:03:30] <wrbtrader> There's a documentary about Nick Leeson @ https://www.youtube.com/watch?v=aoD8PA3ruIw
[15:40:43] <wrbtrader> Shorts Emini ES @ 2492.00 -> small size
[15:40:51] <wrbtrader> 2 contracts
[15:41:06] <wrbtrader> small WRB pt1 reached
[15:41:24] <wrbtrader> was hoping to see more volatility to make it bigger WRB pt1
[15:41:46] <wrbtrader> will hold...taking a chance
[15:42:13] <wrbtrader> Hopefully it can at least reach the S area of the most recent Up WRB Hidden GAP interval
[15:44:44] <wrbtrader> We've had 3 ghost log-ins today...looks like a few have firgure out how to bypass my "lock room".
[15:45:02] <wrbtrader> will change the code tonight :)
[15:45:34] <wrbtrader> Covered all Emini ES Short @ 2492.50 --> - 0.5
[15:46:02] <wrbtrader> Be right back
[15:46:10] * Disconnected
Session Close: Mon Sep 25 15:46:10 2017

Session Start: Mon Sep 25 15:46:49 2017
Session Ident: ##TheStrategyLab
[15:46:50] * Now talking in ##TheStrategyLab
[15:46:50] * 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'
[15:46:50] * Set by wrbtrader on Fri Dec 26 09:39:03 2014
[15:46:50] ##TheStrategyLab url is http://www.thestrategylab.com/tsl/forum/
[15:47:12] <wrbtrader> code changed
[15:47:32] <wrbtrader> Long Emini ES @ 2493.50 -> small size
[15:47:41] <wrbtrader> 2 contracts
[15:48:03] <wrbtrader> Emini ES futures traveling up the range of a Long Upper Shadow interval
[15:48:36] <wrbtrader> trade signal @ 2493.25
[15:49:10] <wrbtrader> Emini NQ futures doing the same
[15:49:20] <wrbtrader> It just spiked
[15:49:39] <wrbtrader> Exited all Emini ES Long @ 2494.25 --> + 0.75
[15:49:50] <wrbtrader> WRB pt1 reached
[16:00:12] <wrbtrader> Take care all and see all tomorrow
[18:15:58] * Disconnected
Session Close: Mon Sep 25 18:16:01 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 Québec, 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