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 Post subject: November 5th Monday - Futures, Forex, Stocks and ETF
 Post Posted: Tue Nov 06, 2018 8:45 am 
Trader / Forum Admin

Joined: Tue Dec 16, 2008 1:02 am
Posts: 3049
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

110518-TheStrategyLab-Chat-Room-Key-Markets.png [ 2.59 MiB | Viewed 84 times ]

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

[09:09:28] * Now talking in ##TheStrategyLab
[09:09:28] ##TheStrategyLab url is http://www.thestrategylab.com/tsl/forum/
[09:30:09] <Tigerman______> gm all
[09:30:19] <wrbtrader> Hi Tigerman
[09:31:14] <Tigerman______> Hi wrbtrader Nq today is on its own
[09:31:39] <wrbtrader> wow...Emini NQ just plunged
[09:31:55] * Retrieving ##TheStrategyLab modes...
[09:32:13] <Tigerman______> seems due some bad stock report
[09:32:45] <wrbtrader> Shorts Emini ES @ 2727.00 -> large size
[09:34:06] <wrbtrader> Covered all Emini ES Short @ 2728.00 --> - 1
[09:34:49] <Tigerman______> lg es 2730.25
[09:35:13] <wrbtrader> Reminder - U.S. midterms elections...it will impact the markets
[09:35:38] <Tigerman______> exit 2/3 @ 31.25 + 1pt
[09:36:34] <wrbtrader> Long Emini ES @ 2732.50 -> large size
[09:36:40] <wrbtrader> 10 contracts
[09:37:53] <wrbtrader> Exited all Emini ES Long @ 2731.50 --> - 1
[09:37:54] <Tigerman______> exit 1/3 rem @ 32.25 +2 pt
[09:38:21] <wrbtrader> Shorts Emini ES @ 2730.50 -> large size
[09:38:28] <wrbtrader> 10 contracts
[09:40:11] <wrbtrader> Emini NQ price action messing up the WRB Analysis
[09:41:10] <Tigerman______> confusing situation with Nq vs ES
[09:41:40] <wrbtrader> ES / YM / RTY insync...NQ not with them
[09:42:21] <Tigerman______> yep
[09:42:26] <wrbtrader> They will eventually catch up to NQ...trick is to not get chopped around like I did in those first few trades
[09:43:54] <wrbtrader> shallow WRB pt1 reached
[09:45:08] <wrbtrader> Covered all Emini ES Short @ 2726.75 --> + 3.75
[09:46:31] <wrbtrader> Key markets still not insync
[09:53:59] <wrbtrader> I have my computer network setup to do NO software upgrades during the trading day between 9am - 4pm est
[09:54:28] <wrbtrader> Not have any problems for over a year until today :(
[09:55:05] <wrbtrader> iCloud and Itunes upgrading in the background and I can see the pull by them on my internet bandwidth :(
[09:55:17] <Tigerman______> yeh not the best time to do upgrade
[09:55:55] <Tigerman______> yep just now you have Gigas right ? :)
[09:57:25] <wrbtrader> Yeah...the issue is its "unexpectant" and will require me to do a reboot later
[09:59:22] <wrbtrader> Shorts Emini ES @ 2726.25 -> large size
[09:59:30] <wrbtrader> 10 contracts
[09:59:32] <Tigerman______> sh ES 2725
[10:00:09] <Tigerman______> try a short under the vola contraction
[10:01:07] <wrbtrader> tightning trail stop
[10:02:24] <Tigerman______> exit 2/3 @ 24.50 + 0.5 p
[10:04:33] <wrbtrader> Covered all Emini ES Short @ 2723.75 --> + 2.5
[10:04:45] <Tigerman______> exit all 1/3 @ 2722.50 +2.50p
[10:09:55] <Tigerman______> sh ES 21.50
[10:10:03] <Tigerman______> 2721.50
[10:11:23] <wrbtrader> Shorts Emini ES @ 2719.00 -> large size
[10:11:28] <wrbtrader> 10 contracts
[10:11:42] <Tigerman______> exit 2/3 @ 2719
[10:11:47] <Tigerman______> +2.5 p
[10:12:14] <wrbtrader> Covered all Emini ES Short @ 2718.75 --> + 0.25
[10:12:19] <wrbtrader> :(
[10:12:52] <wrbtrader> I thought it was going to spike lower and decided to tighten my trail stop too early
[10:13:21] <Tigerman______> exit all 1/3 @ 2718 +3.5
[10:13:37] <Tigerman______> ALL my trades are on Sym
[10:14:02] <Tigerman______> I need some days to regain my confidence after motobyke issue
[10:14:18] <Tigerman______> plus write a well detailed journal
[10:16:09] <wrbtrader> When I get around to testing the CQG platform...I will do it via simulator trading only
[10:16:37] <wrbtrader> I'm thinking maybe the month of February 2019
[10:17:07] <Tigerman______> in Sym / paper I have much better results ... due to No stress involving Money
[10:17:35] <Tigerman______> same with small positions Vs Big size
[10:17:55] <Tigerman______> I need clear my mind and no care ..
[10:18:15] <Tigerman______> simply not so easy when much money on plate
[10:18:22] <wrbtrader> I have had "worst" results...too over confident and poor trade management
[10:19:04] <wrbtrader> Reason why I'm only willing to do it when testing new trade execution platforms
[10:19:36] <wrbtrader> Contracting volatility now
[10:22:57] <Tigerman______> sh ES 2718.25
[10:25:21] <Tigerman______> exit all @ 2717.75 + 0.50 p
[10:42:43] <wrbtrader> Too much politics causing problems in the markets
[10:44:16] <wrbtrader> long upper shadow interval
[10:44:36] <wrbtrader> Long Emini ES @ 2727.00 -> large size
[10:44:45] <wrbtrader> 10 contracts
[10:44:48] <wrbtrader> poor entry
[10:45:14] <wrbtrader> Exited all Emini ES Long @ 2726.00 --> - 1
[10:45:40] <wrbtrader> Entry should have been @ 2726.00
[10:45:55] <wrbtrader> After the poor entry...decided to use it as the stop/loss
[10:46:59] <wrbtrader> Shorts Emini ES @ 2724.50 -> large size
[10:47:06] <wrbtrader> 10 contracts
[10:50:42] <wrbtrader> Covered all Emini ES Short @ 2726.25 --> - 1.75
[10:51:50] <wrbtrader> re-entry
[10:52:32] <wrbtrader> Shorts Emini ES @ 2724.50 -> large size
[10:52:54] <wrbtrader> Covered all Emini ES Short @ 2726.50 --> - 2
[10:55:15] <Tigerman______> lg ES 2727
[10:56:09] <Tigerman______> exit 2/3 @ 2729 +2pt
[10:58:47] <Tigerman______> exit 1/3 @ 2730.25 + 3.25 Pt2 reach
[10:59:26] <Tigerman______> wow it continue
[11:00:26] <Tigerman______> ES reach the reaction high set at open
[11:15:32] <wrbtrader> Shorts Emini ES @ 2730.50 -> large size
[11:15:44] <wrbtrader> 10 contracts
[11:16:14] <wrbtrader> geeesh :(
[11:19:36] <wrbtrader> too much contraction now in the volatility
[11:20:13] <wrbtrader> a WRB pt1 will be tiny if reached :(
[11:21:13] <wrbtrader> Covered all Emini ES Short @ 2729.50 --> + 1
[11:21:22] <wrbtrader> WRB pt1 reached
[11:25:20] <wrbtrader> Shorts Emini ES @ 2728,50 -> large size
[11:25:33] <wrbtrader> 10 contracts
[11:25:42] <wrbtrader> intuition
[11:25:45] <wrbtrader> reposting
[11:25:58] <wrbtrader> Shorts Emini ES @ 2728.50 -> large size
[11:28:53] <wrbtrader> WRB pt1 reached
[11:32:21] <wrbtrader> Covered all Emini ES Short @ 2726.75 --> + 1.75
[11:47:21] <Trendtrader> long nq 6886.50 sim
[11:50:24] <Trendtrader> exit nq 6893.50 +7 sim
[12:40:11] <wrbtrader> Shorts Emini ES @ 2726.50 -> large size
[12:40:21] <wrbtrader> mid day contracting volatiity
[12:40:25] <wrbtrader> 10 contracts
[12:43:33] <wrbtrader> Covered all Emini ES Short @ 2725.75 --> + 0.75
[12:46:03] <wrbtrader> I shorted the R area of a most recent Up WRB Hidden GAP as an intutition trade...
[12:46:16] <wrbtrader> didn't expect much out of it...had a tight trail stop on it
[13:31:38] <wrbtrader> contracting volatility a long time...about an hour now
[13:32:12] <wrbtrader> First signs the crazy volatility in combo with a high VIX is gone
[13:33:01] <wrbtrader> in reference to the month of high volatility in October
[13:33:35] <wrbtrader> I thought it would last until the mid-term elections was finish
[13:38:34] <wrbtrader> Long Emini ES @ 2729.50 -> large size
[13:38:40] <wrbtrader> 10 contracts
[13:39:30] <wrbtrader> WRB pt1 reached
[13:42:00] <wrbtrader> Exited all Emini ES Long @ 2731.00 --> + 1.5
[13:42:05] <wrbtrader> trail pick pocketed :(
[13:42:37] <wrbtrader> I tighten it up and knew it would get picked off because it was a tight trail stop
[14:57:01] <Tigerman______> take care all see all tomorrow
[14:57:30] <wrbtrader> Take care Tigerman
[15:00:41] <wrbtrader> Shorts Emini ES @ 2740.50 -> large size
[15:00:49] <wrbtrader> 10 contrast
[15:01:00] <wrbtrader> counter-trend trade...high risk
[15:01:16] <wrbtrader> :(
[15:01:28] <wrbtrader> 9 contracts...not 10
[15:01:43] <wrbtrader> I input y contract numbers incorrectly :(
[15:03:15] <wrbtrader> Covered all Emini ES Short @ 2740.50 --> 0
[15:04:19] <wrbtrader> Shorts Emini ES @ 2740.00 -> large size
[15:04:25] <wrbtrader> 10 contracts
[15:04:28] <wrbtrader> re-entry
[15:05:22] <wrbtrader> contracting more :(
[15:05:31] <wrbtrader> making WRB Analysis more difficult
[15:06:15] <wrbtrader> Covered all Emini ES Short @ 2742.00 --> - 2
[15:06:52] <wrbtrader> Long Emini ES @ 2742.25 -> large size
[15:07:02] <wrbtrader> 10 contracts
[15:08:20] <wrbtrader> was hoping a Long position would get in before a breakout of the 2744.00 price area
[15:10:28] <wrbtrader> tough trade
[15:12:17] <wrbtrader> Exited all Emini ES Long @ 2742.50 --> + 0.25
[15:18:11] <wrbtrader> Shorts Emini ES @ 2739.25 -> large size
[15:18:18] <wrbtrader> 10 contracts
[15:18:52] <wrbtrader> geeeesh
[15:19:25] <wrbtrader> 2nd trade in consecutive in with the volatility dried up soon after entry...now getting choppy
[15:19:56] <wrbtrader> Covered all Emini ES Short @ 2739.00 --> + 0.25
[15:20:02] <wrbtrader> :(
[15:20:59] <wrbtrader> Emini ES now below its most recent reaction low
[15:21:13] <wrbtrader> Emini NQ struggling at its own most recent reaction low
[15:23:21] <wrbtrader> Shorts Emini ES @ 2727.75 -> large size
[15:23:35] <wrbtrader> 10 contracts
[15:24:49] <wrbtrader> Covered all Emini ES Short @ 2736.25 --> - 8.5
[15:25:00] <wrbtrader> correction...
[15:25:18] <wrbtrader> Covered all Emini ES Short @ 2726.25 --> + 1.5
[15:25:53] <wrbtrader> Shorts Emini ES @ 2734.00 -> large size
[15:26:29] <wrbtrader> Covered all Emini ES Short @ 2734.75 --> - 0.75
[15:30:59] <wrbtrader> Shorts Emini ES @ 2735.50 -> large size
[15:31:09] <wrbtrader> re-entry
[15:31:44] <wrbtrader> not again :(
[15:32:54] <wrbtrader> Covered all Emini ES Short @ 2734.25 --> + 1.25
[15:33:59] <wrbtrader> WRB pt1 reached (shallow)
[15:47:12] <wrbtrader> Shorts Emini ES @ 2734.25 -> large size
[15:47:23] <wrbtrader> 10 contracts
[15:48:57] <wrbtrader> Covered all Emini ES Short @ 2762.25 --> - 28
[15:49:28] <wrbtrader> Covered all Emini ES Short @ 2736.25 --> - 2
[15:49:33] <wrbtrader> punks
[15:52:33] <wrbtrader> looking for a re-entry
[15:53:13] <wrbtrader> more contraction in the volatility with chop
[15:53:58] <wrbtrader> Long Emini ES @ 2736.25 -> large size
[15:54:06] <wrbtrader> 10 contracts
[15:54:31] <wrbtrader> surprise rotation back upwards
[15:54:53] <wrbtrader> breakout of most recent volatility contraction intervals
[15:57:20] <wrbtrader> Exited all Emini ES Long @ 2739.75 --> + 3.5
[15:59:09] <wrbtrader> Shorts Emini ES @ 2736.50 -> small size
[15:59:17] <wrbtrader> 3 contracts
[15:59:25] <wrbtrader> 4pm est rush hour traffic
[15:59:56] <wrbtrader> Covered all Emini ES Short @ 2738.00 --> - 1.5
[16:01:52] <wrbtrader> Long Emini ES @ 2740.00 -> small size
[16:03:21] <wrbtrader> volatility dried up
[16:03:45] <wrbtrader> I've stated that particular commentary mmany times today
[16:04:21] <wrbtrader> noted...a sign that the volatility we saw in October has weaken a lot here in November
[16:06:01] <wrbtrader> Less volatility in combo with chop...overall key change in volatility
[16:07:30] <wrbtrader> Exited all Emini ES Long @ 2740.50 --> + 0.5
[16:16:04] <wrbtrader> Profitable but a rough trading day for me. Yet, not stressful which was the goal for the trading day for me
[17:14:21] <wrbtrader> Take care all 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 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)

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