Login    Forum    Search    FAQ

Post new topic Reply to topic Bookmark and Share  [ 1 post ] 
Author Message
 Post subject: October 16th Tuesday - Futures, Forex, Stocks and ETF
 Post Posted: Tue Oct 16, 2018 4:46 pm 
Trader / Forum Admin

Joined: Tue Dec 16, 2008 1:02 am
Posts: 2620
Location: Canada
TheStrategyLab Price Action Trading (no technical indicators)
Free Chat Room: http://www.thestrategylab.com/tsl/forum/viewforum.php?f=164 (see chat logs below)
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.

Image This is not a signal calling (trade alerts) room. Our free chat room has never been advertised as a trade room and we ban traders for attempting to use our chat room as a trade alerts room for the purpose to mimick/copy trades posted by any of our members.

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

101618-TheStrategyLab-Chat-Room-Key-Markets.png [ 2.59 MiB | Viewed 10 times ]

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

[08:41:41] * Now talking in ##TheStrategyLab
[08:41:41] ##TheStrategyLab url is http://www.thestrategylab.com/tsl/forum/
[08:53:54] * Now talking in ##TheStrategyLab
[09:31:15] <wrbtrader> Shorts Emini ES @ 2772.25 -> large size
[09:31:24] <wrbtrader> 10 contracts
[09:31:49] <wrbtrader> Covered all Emini ES Short @ 2773.00 --> - 0.75
[09:33:03] <wrbtrader> Shorts Emini ES @ 2772.50 -> large size
[09:33:09] <wrbtrader> fre-entry
[09:33:14] <wrbtrader> 10 contracts
[09:35:20] <wrbtrader> Covered all Emini ES Short @ 2771.75 --> + 0.75
[09:35:46] <wrbtrader> :(
[09:36:04] <wrbtrader> Price action turned quickly into price noise :(
[09:40:37] <Tigerman______> gm all
[09:41:30] <wrbtrader> Hi Tigerman
[09:42:24] <Tigerman______> hi today seems a mess at open
[09:42:41] <Tigerman______> not clear direction Kme at 10am
[09:46:58] <wrbtrader> Shorts Emini ES @ 2771.25 -> large size
[09:47:05] <wrbtrader> 10 contracts
[09:49:09] <wrbtrader> tough
[09:51:00] <wrbtrader> Covered all Emini ES Short @ 2769.75 --> + 1.5
[09:53:46] <wrbtrader> Yeah...just going back n forth...no direction although a direction was establish much earlier this morning around 0815am est...UP
[09:54:26] <Tigerman______> we danging around open
[09:54:37] <Tigerman______> I just did some fast intuition
[09:54:43] <Tigerman______> still on SYM
[09:54:48] <wrbtrader> Thus, feels like I've been counter-trend trading with these Short positions although the price noise keeps me from going Long
[09:55:10] <wrbtrader> especially with what I see in Emini RTY futures...DOWN
[09:56:00] <Tigerman______> yep some Big down WRB hg
[09:56:08] <Tigerman______> in RTY
[10:04:40] <wrbtrader> Uprend re-establish in the Emini futures except for Emini RTY
[10:05:30] <wrbtrader> Yet, RTY has been retracing back upwards since 0951am est
[10:05:54] <Tigerman______> in ES price broken that reaction high around 9:45 am
[10:06:02] <Tigerman______> I did some inuitions Long
[10:06:19] <Tigerman______> just try to follow buy pressure
[10:06:29] <Tigerman______> very stressful as trading
[10:06:39] <Tigerman______> just need documenti it
[10:08:33] <Tigerman______> I need document the fact most index should be in sync for proper trading enviroment
[10:18:41] <wrbtrader> Agree
[10:19:28] <wrbtrader> Emini RTY earlier price movement (DOWN) was the warning sign that the correlations were bad...setting up a ton of price noise
[10:20:21] <wrbtrader> RTY retesting that R area of that big Down WRB Hidden GAP interval
[10:20:39] <wrbtrader> now a breakout above
[10:21:40] <werner1> hi all
[10:21:49] <Tigerman______> hi werner
[10:22:17] <werner1> hi tigerman
[10:24:36] <werner1> nq need too stay above 60 for the bulls
[10:28:00] <werner1> Shorts Emini NQ @ 7164.50
[10:28:11] <werner1> Covered all Emini NQ Short @ 7161.00 --> + 3.5
[10:29:32] <Tigerman______> messy area wait a break above 2783 in ES
[10:35:34] <Tigerman______> seems a better picture show up
[10:35:45] <Tigerman______> more as a downtrend now
[10:36:34] <werner1> Shorts Emini NQ @ 7151.50
[10:39:10] <werner1> fight
[10:40:40] <werner1> Covered all Emini NQ Short @ 7165.00 --> - 13.5
[10:53:08] <Tigerman______> just a better vola after the break 2783 in ES
[11:15:17] <werner1> Long Emini NQ @ 7204.00
[11:15:27] <werner1> Exited all Emini NQ Long @ 7210.00 --> + 6
[11:16:40] <wrbtrader> I'm just watching a learning :)
[11:17:08] <wrbtrader> The earlier price action this morning was too confusing for me...barely profitable today so far.
[11:17:34] <werner1> here red :(
[11:18:03] <wrbtrader> In fact, I've had a few valid trade signals on the Long side but I didn't take them...I ignored them.
[11:18:30] <wrbtrader> Gotta dig deep and find a reason to document about why I ignored those Long signals
[11:18:32] <wrbtrader> :(
[11:24:18] <werner1> a bias kills me....no bias is the best bias :)
[11:24:50] <Tigerman______> lg ES 2792.50
[11:25:28] <Tigerman______> exit all @ 2793 +2 tk
[11:25:39] <Tigerman______> just to post something :)
[11:26:06] <Tigerman______> most my trades are scalps so no time to post
[11:26:26] <Tigerman______> simply I no trust to hang on more
[11:26:40] <Tigerman______> regardless I m still on SYM testing
[11:27:33] <Tigerman______> expecially this week I wanna define and see what edge with some new ideas
[11:28:04] <Tigerman______> the point is intraday is very stressfull
[11:28:34] <Tigerman______> so not easy and high demanding use a fast intraday strategy
[11:29:05] <werner1> Long Emini NQ @ 7222.75
[11:32:02] <werner1> Exited all Emini NQ Long @ 7219.50 --> - 3.25
[11:34:35] <werner1> Long Emini NQ @ 7223.00 -> large size
[11:34:56] <werner1> normal size
[11:41:49] <wrbtrader> Reason why I stated I'm "confused" about the price action was because at the time of being confused...I had taken 3 Short positions...1 loss and 2 winners while the overall trend was UP...that UP trend began prior to me starting my trading day
[11:43:12] <wrbtrader> Therefore, at that time of my trades...I consider them to be counter-trend trading but the big price drop in Emini RTY was NOT correlating with the price action of the other Emini futures
[11:44:00] <wrbtrader> At that point...I decided to just watch and the markets just started going higher with the help of the retracement back upwards in RTY
[11:45:36] <werner1> Long Emini NQ @ 7222.00 -> Add
[11:46:15] <wrbtrader> In addition...add in a little exhaustion from all of this trading in high volatility since last Monday...maybe it was just time to take a breather (rest) today
[11:46:47] <werner1> :)
[11:49:02] <werner1> crap now imo
[11:53:05] <werner1> Exited all Emini NQ Long @ 7222.00 --> - 1
[11:54:31] <werner1> Shorts Emini NQ @ 7220.75
[11:56:25] <werner1> Covered all Emini NQ Short @ 7223.00 --> - 2.25
[11:56:45] <werner1> \side ways
[11:57:29] <werner1> Shorts Emini NQ @ 7722.00
[11:59:21] <werner1> Covered all Emini NQ Short @ 7227.00 --> + 495
[11:59:42] <werner1> Covered all Emini NQ Short @ 7727.00 --> - 5
[12:10:37] <Tigerman______> OK finish for today
[12:10:43] <Tigerman______> take care all see next time
[12:34:43] <werner1> Long Emini NQ @ 7230.00
[12:34:51] <werner1> last trade
[12:37:51] <werner1> Exited all Emini NQ Long @ 7238.00 --> + 8
[12:38:22] <werner1> gn all
[13:17:04] <Trendtrader> long nq 7245.50 sim
[13:18:51] <Trendtrader> exit nq long 7249.50 +4 sim
[13:20:37] <Trendtrader> I was too quick to exit :(
[13:21:53] <Trendtrader> WRB formed and then started to collapse
[14:54:31] <wrbtrader> Dow 30 +477 points
[14:55:42] <wrbtrader> Very relenthless today
[15:53:41] <wrbtrader> Crazy :)
[15:54:55] <wrbtrader> Long Emini ES @ 2814.25 -> small size
[15:55:04] <wrbtrader> 3 contracts
[15:55:41] <wrbtrader> been studying this price action since my prior last trade closed around 0951am est
[15:56:36] <wrbtrader> Exited all Emini ES Long @ 2813.50 --> - 0.75
[15:58:15] <wrbtrader> Shorts Emini ES @ 2811.50 -> small size
[15:58:22] <wrbtrader> 3 contracts
[15:59:00] <wrbtrader> Covered all Emini ES Short @ 2811.25 --> + 0.25
[15:59:49] <wrbtrader> Long Emini ES @ 2813.00 -> small size
[15:59:57] <wrbtrader> 3 contracts
[16:00:21] <wrbtrader> Exited all Emini ES Long @ 2811.25 --> - 1.75
[16:00:44] <wrbtrader> Shorts Emini ES @ 2810.00 -> small size
[16:00:51] <wrbtrader> 3 contracts
[16:01:07] <wrbtrader> flurry into the 4pm est rush hour traffic
[16:01:36] <wrbtrader> WRB pt1 reached
[16:02:33] <wrbtrader> Covered all Emini ES Short @ 2809.25 --> + 0.75
[16:03:03] <wrbtrader> I've learned many years ago to trade the 4pm est rush hour traffic "differently"...as in a completely different trading plan. My normal trading plan doesn't work in this trading session
[16:04:08] <wrbtrader> Long Emini ES @ 2811.75 -> small size
[16:04:20] <wrbtrader> 3 contracts
[16:04:57] <wrbtrader> I think it just ran out of juice
[16:06:47] <wrbtrader> Exited all Emini ES Long @ 2814.00 --> + 2.25
[16:08:11] <wrbtrader> One poorly trade manage trade in there in which I let a WRB pt1 retrace back against me...it resulted in only a +0.75 profit instead of +1.75 profit
[16:08:22] <wrbtrader> It moved too fast for me to react
[16:09:54] <wrbtrader> Summary, missed a big portion of the Up move...was just not ready for it early this morning. Did a lot of documentation and hopefully I learned from it so that I won't miss it the next time it shows up
[16:10:26] <wrbtrader> Emini ES futures still pushing higher in the 4pm est trading session...very impressive
[16:11:27] <wrbtrader> Take care all and see all tomorrow...may take a rest day tomorrow because of being exhausted today...bad timing to be exhausted.
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 with a head trader telling you what to trade, when to buy or when to sell. In fact, 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)

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