Login    Forum    Search    FAQ



Post new topic Reply to topic Bookmark and Share  [ 1 post ] 
Author Message
 Post subject: March 22nd Tuesday - Futures, ETFs and Forex Currencies
 Post Posted: Tue Mar 22, 2011 4:06 pm 
Offline
Trader / Forum Admin

Joined: Tue Dec 16, 2008 1:02 am
Posts: 3326
Location: Canada
#FuturesTrades is free along with being a serious professional trading chat room and any trader can use the chat room to post their trades or commentaries involving futures, exchange traded funds or forex currencies. Further, although our chat room is smaller than the other popular chat rooms...we are the most active chat room in posting trades or market commentaries involving futures, exchange traded funds or forex currencies in comparison to other free chat rooms.

#FuturesTrades is designed to be a trade journal for documentation purposes only so that members can have a real 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.

In addition, we welcome all traders with their own methods or different perspective of the markets to help keep the chat room diversified...posting trades or market commentaries. Also, if you're looking for real-time education in the chat room involving price action only trading (profitably trading without indicators)...you need to contact us to schedule price action only trading real-time discussions. We'll then have one on one (private) real-time price action only trading discussions with you while you're using #FuturesTrades real-time chat room to prevent distractions in the chat room with other members that are using different trading methods in comparison to us. However, you must first download and learn our free study guide at a different forum @ TSL Support Forum * http://www.thestrategylab.com/tsl/forum/viewforum.php?f=5

With that said, thanks for reading the trades 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 trade information not discussed anywhere else online nor in any books if you're not interested in scheduling one on one (private) real-time price action only trading education discussions. To gain access to #FuturesTrades chat room...please follow the instructions @ FTCHAT Support Forum * http://www.thestrategylab.com/ftchat/forum/viewforum.php?f=5

Attachment:
032211-Key-Price-Action-Markets.png
032211-Key-Price-Action-Markets.png [ 213.66 KiB | Viewed 216 times ]

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

Session Start: Tue Mar 22 09:06:21 2011
Session Ident: #FuturesTrades
[09:06:21] * Now talking in #FuturesTrades
[09:06:21] <@X> [NihabaAshi] chat room archives @ viewforum.php?f=20
[09:26:32] <@X> #FuturesTrades Info -> Chat room for traders of Emini Futures (EMD, TF, ES, NQ, YM), EuroFX Futures (6E, EC), Eurex/Euronext Futures (DAX, ESTX50, FTSE100, CAC40), Treasury Futures (ZF, ZN, ZB), NYMEX Futures (CL, NG, HO, QM), Exchange Traded Funds (DIA, GLD, IWM, OIH, XLE, QQQQ, SPY) and Forex Currencies
[09:29:53] <drt> gm all
[09:32:28] <@wrbtrader> Good morning all
[09:38:00] <Trendtrader> gm all
[09:38:51] <@wrbtrader> Mixed price action out of the gate
[09:41:03] <+Trendtrader> Shorts TF @ 812.4 «« simulator »»
[09:41:39] <+Trendtrader> Covered 1/2 TF Short @ 811.9 --> + 0.5 «« simulator »»
[09:41:52] <+Trendtrader> Covered Remainder TF Short @ 811.4 --> + 1 «« simulator »»
[09:43:37] <@wrbtrader> Shorts Emini TF @ 811.30 -> large size
[09:43:46] <@wrbtrader> 6 contracts
[09:46:39] <@wrbtrader> Hi T_182...I sent you an email after you posted your trader profile at the FTCHAT Support Forum.
[09:48:18] <@wrbtrader> Covered 2/3 Emini TF Short @ 810.20 --> + 1.1
[09:48:56] <T_182> Thanks, I see I have it!
[09:50:47] <@wrbtrader> FYI - Housing Price Index and Richmand FED Index @ 10am est
[09:51:23] <@wrbtrader> Covered Remainder Emini TF Short @ 811.00 --> + 0.3
[09:53:03] <+T_182> E-mail saved a few questions, good job, thanks again.
[10:01:59] <@wrbtrader> weak support developed in Emini TF
[10:06:55] <@wrbtrader> support trying hard to strengthen
[10:07:21] <@wrbtrader> Oil CL and Gold GC futures not doing much so far this morning
[10:17:20] <@wrbtrader> EuroFX 6E or Forex EurUsd trying to find some legs after the drop since 0830am est
[10:26:31] <@wrbtrader> price noise so far for Emini TF between 811 - 809.50
[10:30:39] <werner> gm all
[10:33:22] <Rider11> Gm
[10:38:59] <@wrbtrader> Oil CL and Gold GC futures moving higher especial Oil CL and Brent futures
[10:39:44] <@wrbtrader> Hopefully this price movement will stir up something in the Emini TF futures or other Eminis
[10:44:45] <@wrbtrader> All the Emini Futures are now range bound on low volatility
[10:56:14] <Sidhartha> creeper downtrend in TF at the moment
[10:56:20] <@wrbtrader> low volatility creeper price drop through support
[10:56:32] <@X> #FuturesTrades Info -> Chat room for traders of Emini Futures (EMD, TF, ES, NQ, YM), EuroFX Futures (6E, EC), Eurex/Euronext Futures (DAX, ESTX50, FTSE100, CAC40), Treasury Futures (ZF, ZN, ZB), NYMEX Futures (CL, NG, HO, QM), Exchange Traded Funds (DIA, GLD, IWM, OIH, XLE, QQQQ, SPY) and Forex Currencies
[11:20:13] <Time4now> Long TF @ 807.3 -> small size «« simulator »»
[11:21:12] <+Time4now> Exited TF Long @ 806.8 --> - 0.5 «« simulator »»
[11:43:23] <+Time4now> as usual, i'm just in time for low volatility
[11:49:02] <+werner> reboot
[11:52:46] <@wrbtrader> I would like for the price action of the Emini futures or Eurex futures to retrace and then make a higher low
[11:53:11] <+Sidhartha> before going long...?
[11:55:44] <@wrbtrader> No
[11:55:52] <@wrbtrader> Before going Long or Short
[11:56:03] <@wrbtrader> Higher lows don't imply bullish
[11:56:13] <@wrbtrader> meant they can also imply support
[11:56:21] <@wrbtrader> Thus, if support fails...I'll go Short
[11:57:06] <@wrbtrader> Another way to look at it...
[11:57:45] <@wrbtrader> Higher Lows or Lower Highs implies there's increasing chance of a trade opportunity.
[11:58:04] <+Sidhartha> sure
[11:59:17] <@wrbtrader> The point is right now the price action is just noise the past 15 mins or so...
[12:00:06] <@wrbtrader> Higher Lows will shake things up a little...possibly setting up a Long signal if support develops at the higher low or a Short signal if weak support develops at the higher low
[12:06:32] <@wrbtrader> Shorts Emini TF @ 806.90 -> small size
[12:06:38] <@wrbtrader> 1 contract
[12:06:43] <@wrbtrader> intuition...high risk
[12:06:57] <@wrbtrader> lowered position size to better manage increased risk
[12:15:51] <@wrbtrader> Covered Emini TF Short @ 807.10 --> - 0.2
[12:16:45] <@wrbtrader> Long Emini TF @ 807.30 -> small size
[12:16:51] <@wrbtrader> 2 contracts
[12:17:00] <@wrbtrader> still keeping my size low
[12:17:10] <@wrbtrader> higher low trying to set in
[12:17:41] <@wrbtrader> support in around 806.70
[12:22:46] <@wrbtrader> two tries is enough for me in this "low volatility" price action...
[12:22:55] <@wrbtrader> Will take a lunch break here soon.
[12:26:33] <@X> #FuturesTrades Info -> Chat room for traders of Emini Futures (EMD, TF, ES, NQ, YM), EuroFX Futures (6E, EC), Eurex/Euronext Futures (DAX, ESTX50, FTSE100, CAC40), Treasury Futures (ZF, ZN, ZB), NYMEX Futures (CL, NG, HO, QM), Exchange Traded Funds (DIA, GLD, IWM, OIH, XLE, QQQQ, SPY) and Forex Currencies
[12:27:06] <@wrbtrader> Exited all Emini TF Long @ 807.10 --> - 0.2
[12:28:16] <@wrbtrader> Had two attempts in this low volatility...
[12:28:45] <@wrbtrader> Can't hang around to see what happens when it attempts to break support of the higher low.
[12:28:54] <@wrbtrader> Be back later
[12:29:04] * wrbtrader is now known as wrbtrader_lunch
[13:47:03] <Time4now> Long TF @ 805.4 -> small size «« simulator »»
[13:56:33] <@X> #FuturesTrades Info -> Chat room for traders of Emini Futures (EMD, TF, ES, NQ, YM), EuroFX Futures (6E, EC), Eurex/Euronext Futures (DAX, ESTX50, FTSE100, CAC40), Treasury Futures (ZF, ZN, ZB), NYMEX Futures (CL, NG, HO, QM), Exchange Traded Funds (DIA, GLD, IWM, OIH, XLE, QQQQ, SPY) and Forex Currencies
[13:58:43] <+Time4now> Exited TF Long @ 806.8 --> + 1.4 «« simulator »»
[14:26:19] <T_182> Shorts EuroFX 6E @ 1.4188
[14:26:31] <+T_182> sorry is a test andin simulator
[14:26:47] <+T_182> working on the scripts
[14:27:42] <+T_182> buy limit to cover EuroFX 6E short @ 1.4184
[14:30:08] <codehead> crude popping into close
[14:31:49] <+T_182> exit limit raised EuroFX 6E @ 1.4186 «« simulator »»
[14:32:22] <+T_182> Missed the 200 ma below screen...
[14:47:06] <+T_182> exit limit raised EuroFX 6E @ 1.4187 «« simulator »»
[14:47:50] <+T_182> Sooo much volitility, almost as much fun as watching paint dry...
[14:54:18] <+T_182> Covered all EuroFX 6E Short @ 1.4190 --> - 0.0002 «« simulator »»
[14:54:37] <+T_182> fine
[14:55:37] <@wrbtrader_lunch> EuroFX volatility spike the past few minutes
[14:55:45] * wrbtrader_lunch is now known as wrbtrader
[14:56:28] <+T_182> yeah, i felt that.
[15:15:02] <+Time4now> appears to be coiling up
[15:23:33] <@X> #FuturesTrades Info -> Chat room for traders of Emini Futures (EMD, TF, ES, NQ, YM), EuroFX Futures (6E, EC), Eurex/Euronext Futures (DAX, ESTX50, FTSE100, CAC40), Treasury Futures (ZF, ZN, ZB), NYMEX Futures (CL, NG, HO, QM), Exchange Traded Funds (DIA, GLD, IWM, OIH, XLE, QQQQ, SPY) and Forex Currencies
[15:26:10] <+T_182> Time to go.
[15:29:09] <@wrbtrader> To be profitable today...had to be patient today
[15:29:55] <+Time4now> expecting any end of day volatility?
[15:30:03] <@wrbtrader> Not much happening and hopefully some volatility shows up as we get closer to the 4pm est rush hour traffic
[15:30:30] <@wrbtrader> Yes...I'm expecting a push in volatility anytime between now and 4pm est
[15:38:18] <+Time4now> Shorts TF @ 807.7 -> small size «« simulator »»
[15:38:28] <@wrbtrader> By the way, there are a few forex currency traders in here.
[15:39:48] <@wrbtrader> We would greatly appreaciate if the forex traders posted commentary once in awhile about the price action of Forex.
[15:39:57] <@wrbtrader> An occasional trade would be nice too :)
[15:41:05] <@wrbtrader> Same with the few Eurex futures traders in here...would be nice to see someone talk about DAX, DJStoxx50 or Euronext CAC40 or FTSE100 futures
[15:41:45] <@wrbtrader> If I see such commentary, I'll then chime in too with my own price action observation.
[15:41:49] <werner> Shorts NQ @ 2256.75
[15:42:13] <+Time4now> Covered TF Short @ 807.5 --> + 0.2 «« simulator »»
[15:42:13] <@wrbtrader> Simply, anyone can post in here. That's the purpose for the chat room...no gurus in here.
[15:42:33] <+Time4now> bit aggressive with my stop
[15:42:39] <@wrbtrader> This room is only as good as "you" make it.
[15:43:24] <@wrbtrader> Oil CL and Brent futures flatlined
[15:43:44] <+werner> Covered all NQ Short @ 2255.75 --> + 1
[15:45:58] <+Time4now> skipped chow today
[15:46:10] <+Time4now> want to trade at least one end of day a week
[15:51:04] <Hoff> unless what your trading is a bunch better than the ym today I'd say you picked the wrong day
[15:53:30] <+Time4now> Shorts TF @ 807.3 -> small size «« simulator »»
[15:59:29] <+Time4now> Covered TF Short @ 806.6 --> + 0.7 «« simulator »»
[16:00:21] <@wrbtrader> nothing for me to take a bite into in this last 30 mins of regular session trading :(
[16:01:12] <@wrbtrader> Looks like all that volatility the past several weeks has us "spoiled" a little.
[16:01:14] <@wrbtrader> :)
[16:02:08] <@wrbtrader> The remainder of the trading will be better but only because we have a few key economic reports being released
[16:03:05] <@wrbtrader> Simply, starting tomorrow I'm going to be more "aggressive" in my trading in comparison to today and yesterday.
[16:03:45] <@wrbtrader> I didn't expect much for Monday or today (Tuesday)...reason why I was very conservative.
[16:04:47] <+werner> gn all
[16:11:37] <+Time4now> i've sat through most of these low volatility days
[16:12:28] <+Time4now> But im allways expecting something more
[16:12:34] <+Time4now> look how grave the news is
[16:16:03] <+Time4now> I would complain about the lack of input from the channel, but at least noone is arguing :/
[16:16:05] <+Time4now> seeya
[16:19:20] <@wrbtrader> Yeah...many members "made a promise" to participate to gain access to the chat room.
[16:20:11] <@wrbtrader> Soon I'm put the password back on to better determine whom are members of the FTCHAT Support Forum @ http://www.thestrategylab.com/ftchat/forum/
[16:20:22] <@wrbtrader> I'll input the PASSWORD without warning
[16:21:09] <@wrbtrader> Thus, for that are members of any of my forums...please make sure you have the right PASSWORD to gain access to #FuturesTrades.
[16:21:25] <@wrbtrader> Password stored at your designated discussion forum
[16:22:24] <@wrbtrader> If you haven't joined...you can follow the instructions @ viewforum.php?f=5
[16:22:50] <@wrbtrader> As soon as I input the pasword...I can better encourage participation :)
[16:23:01] <@wrbtrader> Take care all and see all tomorrow
[16:23:08] * wrbtrader is now known as wrbtrader_away
[16:53:34] <@X> #FuturesTrades Info -> Chat room for traders of Emini Futures (EMD, TF, ES, NQ, YM), EuroFX Futures (6E, EC), Eurex/Euronext Futures (DAX, ESTX50, FTSE100, CAC40), Treasury Futures (ZF, ZN, ZB), NYMEX Futures (CL, NG, HO, QM), Exchange Traded Funds (DIA, GLD, IWM, OIH, XLE, QQQQ, SPY) and Forex Currencies

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

#FuturesTrades is free and is a serious professional trading chat room in which any trader can use the chat room to post their trades or commentaries involving futures, exchange traded funds or forex currencies. Simply, you don't need to be a client of TheStrategyLab.com to use the chat room nor do you need to be a price action only trader (no indicators) because some members use indicators while others do not.

Therefore, we welcome all traders with their own trade signal methods, different perspective of the markets and different experience levels. To gain access to #FuturesTrades...please follow the instructions at the below link.

http://www.thestrategylab.com/ftchat/forum/viewforum.php?f=5

The purpose of #FuturesTrades 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.

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.

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 futures, exchange traded funds and forex currencies:

Image CME Emini Futures EMD, ES and NQ

Image ICE Emini TF Futures (formerly CME ER2)

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 GbpUsd, EurUsd, EurYen and UsdCdn

Image Exchange Traded Funds VXX, DIA, IWM, QQQQ, 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

Also, to prevent the usual mix-up about our different chat rooms, most of our fee-base clients do not use chat rooms just like most retail traders do not use chat rooms. Yet, the few clients that do use chat rooms, our fee-base clients are discussing market analysis or price action only trade signals via concepts from our strategies in the private chat rooms called #VolatilityTradingTSL or #SwingTradingTSL and they're not allowed to do such in #FuturesTrades.

Reminder, our Terms of Use (TOU) Policy is a must read to prevent any misunderstandings along with revealing that #FuturesTrades is a serious professional 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, offending or too far in the off topic area that's a distraction when the commentary was posted.

Note: All logs regardless to their location at TheStrategyLab.com website are eastern standard time.

Best Regards,
M.A. Perry
Trader and Founder of WRB Analysis (wide range body/wide range bar analysis)
Price Action Trading (no technical indicators)
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
questions@thestrategylab.com
Go Back To TheStrategyLab.com Homepage


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 3 guests

 
 

 
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