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 Post subject: July 11th Wednesday - Futures, Forex, Stocks and ETF
 Post Posted: Wed Jul 11, 2018 11:18 am 
Trader / Forum Admin

Joined: Tue Dec 16, 2008 1:02 am
Posts: 2729
Location: Canada
TheStrategyLab Price Action Trading (no technical indicators)
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 & http://www.thestrategylab.com/ftchat/forum/viewtopic.php?f=11&t=6
TheStrategyLab Reviews: http://www.thestrategylab.com/tsl/forum/viewtopic.php?f=84&t=3167 & http://www.thestrategylab.com/thestrategylab-reviews.htm
Business Hours: 8am - 5pm est (Mon - Fri)
Telephone: +1 708 572-4885
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 use the free chat room as a trade journal of your trades via you posting WRB Analysis of the price action you see on your monitors, posting price action analysis, ask real-time questions about WRB Analysis or posting your real-time trades (simulator or real money) in a timestamp environment after you've received confirmation from your broker trade execution platform. Simply, 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 and you decide to not discuss WRB Analysis nor post any real-time information about how you're viewing the markets nor post real-time trades...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 their 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 their trade methods to improve the performance of their trade methods regardless if they're a position trader, swing trader, day trader, trend trader or range 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.

With that said, thanks for reviewing (reading) the below timestamped trades, price action analysis or market commentaries 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

071118-TheStrategyLab-Chat-Room-Key-Markets.png [ 2.03 MiB | Viewed 22 times ]

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

[09:33:35] * Now talking in ##TheStrategyLab
[09:35:04] <wrbtrader> Good morning all
[09:35:44] <Trendtrader> gm
[09:36:18] <Trendtrader> long es 2780.5 and back out at 2781.5 +1pt sim
[09:36:21] <Tigerman______> lg ES 2781.75
[09:37:17] <Tigerman______> exit 2/3 @ 82.75 + 4tk
[09:39:56] <Tigerman______> exit all rem @ 82.75 +4 tk
[09:41:04] <wrbtrader> Long Emini ES @ 2782.25 -> large size
[09:41:09] <wrbtrader> 10 contracts
[09:41:26] <wrbtrader> Emini NQ not helping :(
[09:42:27] <wrbtrader> Exited all Emini ES Long @ 2782.25 --> 0
[09:42:36] <werner1> gm all
[09:44:07] <Trendtrader> long es 2783 sim
[09:44:22] <wrbtrader> Long Emini ES @ 2782.25 -> large size
[09:44:25] <wrbtrader> 10 contracts
[09:44:31] <wrbtrader> re-entry
[09:44:56] <wrbtrader> Exited all Emini ES Long @ 2781.75 --> - 0.5
[09:48:41] <wrbtrader> Long Emini ES @ 2781.00 -> large size
[09:48:46] <wrbtrader> re-entry
[09:48:54] <wrbtrader> 10 contracts
[09:49:04] <wrbtrader> intuition trade
[09:49:33] <wrbtrader> Exited all Emini ES Long @ 2780.25 --> - 0.75
[09:49:59] <wrbtrader> 3 consecutive shake outs
[09:50:45] <Tigerman______> yeah this kind of situation occurs me a lot
[09:51:06] <Tigerman______> it needs strong discipline and keep stop tight
[09:51:19] <wrbtrader> Long Emini ES @ 2781.25 -> large size
[09:51:26] <wrbtrader> re-entry
[09:51:39] <wrbtrader> Emini NQ futures now helping...it was not before
[09:51:52] <wrbtrader> Hopefully this one can pick up steam upwards
[09:52:55] <werner1> Long Emini NQ @ 7266.75
[09:53:30] <werner1> Exited all Emini NQ Long @ 7270.00 --> + 3.25
[09:53:38] <wrbtrader> Exited all Emini ES Long @ 2781.50 --> + 0.25
[09:54:00] <wrbtrader> trail stop pick pocketed almost instantly when I adjusted it :(
[09:54:35] <wrbtrader> Long Emini ES @ 2782.25 -> large size
[09:54:42] <wrbtrader> re-entry
[09:54:47] <wrbtrader> 10 contracts
[09:55:57] <Tigerman______> Nq seems not help now
[09:55:58] <wrbtrader> Exited all Emini ES Long @ 2782.25 --> 0
[09:56:22] <wrbtrader> trail pick pocketed again
[09:57:03] <Tigerman______> I think your defensive approch is very good Wrbtrader
[09:57:36] <wrbtrader> I call it "trigger happy" :)
[09:57:49] <Tigerman______> I mean defend the position with tight stop and move the trail when ES move a bit in your favor
[09:58:01] <wrbtrader> on other days I call it "being impatient"
[09:58:31] <Tigerman______> sometimes I let price go too far from my entry in hope price recup in my favor :(
[09:59:17] <wrbtrader> That's psychological...I went thru that phase (barely survived it) but I don't know what happen to fix it
[10:00:04] <wrbtrader> Emini NQ futures just dropped below the S area of its most recent contracting volatility intervals
[10:01:17] <wrbtrader> Long Emini ES @ 2781.75 -> large size
[10:01:23] <wrbtrader> 10 contracts
[10:01:27] <wrbtrader> re-entry
[10:02:00] <wrbtrader> Emini NQ futures pushing higher now...its now acting like its trying to catch up to something
[10:02:09] <wrbtrader> Its pulling Emini ES futures with it
[10:04:07] <wrbtrader> Exited all Emini ES Long @ 2784.25 --> + 2.5
[10:04:09] <Trendtrader> exit all 2784 +1 sim
[10:04:15] <wrbtrader> WRB pt1 reached
[10:15:31] <wrbtrader> Long Emini ES @ 2783.00 -> large size
[10:15:41] <wrbtrader> :(
[10:15:46] <wrbtrader> A little late
[10:16:09] <wrbtrader> Exited all Emini ES Long @ 2783.25 --> + 0.25
[10:16:23] <wrbtrader> interval moving fast
[10:16:53] <wrbtrader> Long Emini ES @ 2783.00 -> large size
[10:16:57] <wrbtrader> re-entry
[10:17:02] <wrbtrader> 10 contracts
[10:17:58] <wrbtrader> Exited all Emini ES Long @ 2784.50 --> + 1.5
[10:18:07] <wrbtrader> WRB pt1 reached
[10:19:06] <wrbtrader> missed trade signal @ 2782.25
[10:19:35] <wrbtrader> Chased it @ 2783.00 trade (long position)
[10:20:41] <wrbtrader> similar setup quickly appeared again...didn't miss it the time...Long trade @ 2783.00
[10:33:37] <wrbtrader> 3 winners, 3 losers and 2 breakeven = +32.50 points but could have been a lot better with "position size management" when I notice my trail stops being pick pocketed but those trades occurred within a normal time frame I tend to look for trades in the window of the pending 1000am est KME involving the Canada rate announcement
[10:41:09] <werner1> Shorts Emini NQ @ 7283.25
[10:41:33] <werner1> Covered all Emini NQ Short @ 7281.25 --> + 2
[10:42:41] <wrbtrader> sorry meant 4 winners, 2 losers and 2 breakeven
[10:45:43] <wrbtrader> Shorts Emini ES @ 2783.75 -> large size
[10:45:50] <wrbtrader> 10 contracts
[10:45:56] <werner1> Shorts Emini NQ @ 7279.50
[10:46:07] <werner1> Covered all Emini NQ Short @ 7274.50 --> + 5
[10:46:07] <wrbtrader> 1st Short of the day for me
[10:47:21] <wrbtrader> Covered all Emini ES Short @ 2783.75 --> 0
[10:47:53] <wrbtrader> Had a WRB pt1 but held it in hopes that volatility would continue increasing...
[10:48:14] <wrbtrader> It didn't and the trade slowly retraced back up to pick pocket my trail stop
[10:48:34] <wrbtrader> Shorts Emini ES @ 2783.25 -> large size
[10:48:44] <wrbtrader> 10 contracts
[10:48:47] <wrbtrader> re-entry
[10:49:22] <wrbtrader> Covered all Emini ES Short @ 2781.50 --> + 1.75
[10:49:42] <wrbtrader> WRB pt1 reached
[11:07:17] <werner1> late call
[11:07:39] <werner1> Shorts Emini NQ @ 7279.25
[11:07:59] <werner1> Covered all Emini NQ Short @ 7275.50 --> + 3.75
[11:22:48] <werner1> ok ...cya..maybe back later :)
[11:39:49] <Tigerman______> take care all see next time
[13:20:57] <wrbtrader> be right back
[13:38:39] * Now talking in ##TheStrategyLab
[13:39:38] <wrbtrader> Computer ignored my update schedule and did a major update during the day...during trading hours :(
[13:45:57] <wrbtrader> Shorts Emini ES @ 2779.25 -> large size
[13:46:46] <wrbtrader> 10 contracts
[13:49:46] <wrbtrader> WRB pt1 reached
[13:50:06] <wrbtrader> slow moving price action
[13:51:22] <wrbtrader> Covered all Emini ES Short @ 2776.75 --> + 2.5
[14:10:00] <wrbtrader> Emini ES futures testing its most recent reaction lows
[14:11:16] <wrbtrader> Pushing below it now on increasing volatility
[14:11:40] <wrbtrader> Shorts Emini ES @ 2773.00 -> large size
[14:11:49] <wrbtrader> 10 contracts
[14:12:02] <wrbtrader> Emini NQ futures did the same
[14:12:18] <wrbtrader> Covered all Emini ES Short @ 2773.50 --> - 0.5
[14:12:24] <wrbtrader> snapback Up
[14:12:40] <wrbtrader> Shorts Emini ES @ 2772.75 -> large size
[14:12:49] <wrbtrader> 10 contracts
[14:12:52] <wrbtrader> re-entry
[14:15:57] <wrbtrader> Covered all Emini ES Short @ 2773.00 --> - 0.25
[14:16:00] <wrbtrader> tough trade :(
[14:16:17] <wrbtrader> it bounced around that 2773.00 price area
[14:24:05] <wrbtrader> Huge surge today in the U.S. Dollar futures while inverse reaction in the EuroFx 6E futures
[15:50:34] <wrbtrader> Shorts Emini ES @ 2778.25 -> large size
[15:50:40] <wrbtrader> 10 contracts
[15:50:56] <wrbtrader> increasing volatility with a pop
[15:53:30] <wrbtrader> Covered all Emini ES Short @ 2776.50 --> + 1.75
[15:53:41] <wrbtrader> WRB pt1 reached
[15:54:00] <wrbtrader> That volatility spike must be related to stock earnings
[15:54:21] <wrbtrader> I will not know until after the market close so that I can document it properly
[16:03:17] <wrbtrader> Take care and see all tomorrow
Session Close


##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.

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 and its a flawed substitution for mentoring 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.

Disclaimer: Today's trading performance is not an indication of my future performance and not an indication of the future performance for any trader that decides to learn/apply WRB Analysis. The risk of loss can be substantial. Therefore, you must carefully consider if trading is suitable for you within the context of your financial condition. TheStrategyLab.com is an education and research site. The resources on this site are provided for informational purposes only and should not be used to replace professional educational and professional research because we are retail traders only. TheStrategyLab.com does not accept liability for your use of the website and its resources.

We make no guarantees of success and your level of success is dependent upon other factors including your skill as a trader, knowledge, financial condition, market conditions and other factors. Trading is stressful and you should always consult a doctor in all matters relating to physical and mental health of you and your family because trading can impact beyond your financial condition regardless if you're a profitable or losing trader. Also, you can read our full disclaimer statement @ http://www.thestrategylab.com/Disclaimer.htm

Image Rebuttal to Mr. Emmett Moore Jr. via TheStrategyLab.com Review @ http://www.thestrategylab.com/tsl/forum/viewtopic.php?f=84&t=3167

Image The Strategy Lab: Valforex - The Manipulative Review Scam @ http://www.thestrategylab.com/tsl/forum/viewtopic.php?f=84&t=3676

Image 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)

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