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 Post subject: May 3rd Tuesday - Futures, ETFs and Forex Currencies
 Post Posted: Tue May 03, 2011 9:29 pm 
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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:
050311-Key-Price-Action-Markets.png
050311-Key-Price-Action-Markets.png [ 492.84 KiB | Viewed 228 times ]

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

Session Start: Tue May 03 08:26:19 2011
Session Ident: #FuturesTrades
[08:26:19] * Now talking in #FuturesTrades
[08:26:19] <@X> [NihabaAshi] chat room archives @ viewforum.php?f=20
[08:37:05] <@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
[09:30:50] <drt> gm all
[09:31:28] <@wrbtrader> Good morning all
[09:31:49] <@wrbtrader> 10am est Factory Order Report
[09:33:18] <Trendtrader> Shorts TF @ 851.8 «« simulator »»
[09:34:25] <@wrbtrader> volatility spike
[09:41:35] <+Trendtrader> Covered 3/4 TF Short @ 851.3 --> + 0.5 «« simulator »»
[09:41:48] <@wrbtrader> Shorts Emini TF @ 851.50 -> medium size
[09:42:14] <@wrbtrader> 4 contracts
[09:42:41] <+Trendtrader> exit stop moved to breakeven TF @ 851.8 «« simulator »»
[09:44:54] <@wrbtrader> Covered all Emini TF Short @ 849.40 --> + 2.1
[09:45:07] <+Trendtrader> exit stop set TF @ 850.3 «« simulator »»
[09:46:03] <+Trendtrader> exit stop set TF @ 849.6 «« simulator »»
[09:46:35] <@wrbtrader> volatility spike took price suddenly up and now a volatility spike to take prices down...we got some extra volatility in the price action so far.
[09:46:54] <@wrbtrader> Simply, I should have been large size instead of medium size on my position size :(
[09:47:29] <+Trendtrader> Covered Remainder TF Short @ 849.6 --> + 2.2 «« simulator »»
[10:04:05] <@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
[10:13:02] <@wrbtrader> Shorts Emini TF @ 851.10 -> small size
[10:13:08] <@wrbtrader> 2 contracts
[10:16:17] <@wrbtrader> Covered all Emini TF Short @ 851.70 --> - 0.6
[10:19:43] <@wrbtrader> Shorts Emini TF @ 851.40 -> small size
[10:19:51] <@wrbtrader> 1 contract
[10:20:46] <@wrbtrader> sneaky price action...I'm getting lost in the forrest
[10:24:41] <@wrbtrader> We got increasing volatility today but the range isn't trying hard to develop into a range...will be interesting to watch what the Emini TF does near it's intraday lows
[10:25:07] <@wrbtrader> new intraday lows now
[10:25:53] <@wrbtrader> I'm still unable to exploit today's price action with my normal large position size...
[10:26:12] <@wrbtrader> The price action is a little odd to me today
[10:26:36] <@wrbtrader> Covered Emini TF Short @ 848.20 --> + 3.2
[11:08:20] <Trend_54> good work, wrb
[11:34:06] <@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
[11:49:15] <Time4now> short small 844.1
[12:01:03] <@wrbtrader> Anybody having problems with their Eurex DAX data ?
[12:03:56] <+Time4now> exit 844.5
[12:04:44] <@wrbtrader> Long Emini TF @ 845.10 -> small size
[12:05:07] <@wrbtrader> 2 contracts
[12:06:46] <+Time4now> short small 844.5
[12:07:32] <@wrbtrader> Long Emini TF @ 844.60 -> Add
[12:08:50] <@wrbtrader> :(
[12:09:14] <+Time4now> mine are paper as usuall
[12:11:13] <+Time4now> not the best price action to be involved with
[12:12:22] <@wrbtrader> Long Emini TF @ 844.40 -> Add
[12:12:37] <@wrbtrader> entire position now at 4 contracts (2+1+1)
[12:20:40] <@wrbtrader> wow
[12:20:50] <+Time4now> now that it's stalled out,
[12:20:55] <Sidhartha> now that's low vol...!!!
[12:20:56] <+Time4now> could pop either way
[12:21:10] <@wrbtrader> talk about a flat liner
[12:21:41] <+Time4now> why are you trading this garbage WRB?
[12:21:42] <@wrbtrader> Exited all Emini TF Long @ 844.20 --> - 1.1
[12:22:28] <@wrbtrader> That flat line volatility came out of nowhere
[12:22:52] <@wrbtrader> Most of the time its an early signal to dump the trade
[12:31:10] <Time4now> sorry disconnected
[12:31:55] <+Time4now> exited 843.6
[12:33:03] <+Time4now> is there a reason why you are trading mid-day WRB?
[12:51:32] <+Time4now> short med 843.7
[12:53:53] <@wrbtrader> I usually don't get (see) mid-day trade signals.
[12:53:57] <@wrbtrader> Today I saw one
[12:54:24] <@wrbtrader> Also, by mid-day...I usually take a long break.
[12:54:43] <@wrbtrader> thus, even if there are a few signals...I'm usually not around to see them
[12:55:02] <+Time4now> i see
[12:55:29] <@wrbtrader> Every trading instrument has it tendency slow period...
[12:55:48] <+Time4now> exits half 843.1
[12:55:51] <@wrbtrader> We need to determine if we want to trade in those "slow durations" or do personal stuff.
[12:56:16] <@wrbtrader> 9 out of 10 I usually go do personal stuff away from the computer
[12:56:18] <+Time4now> the slow period is all i really have
[12:56:33] <+Time4now> but otherwise, i would try to focus on early trading session
[12:57:21] <+Time4now> exits remainder 842.7
[12:58:36] <+Time4now> i am allways curious though if i see you making trades out of the norm
[13:02:49] <+Time4now> actually, i allways miss the am session and dont get to see you trade much
[13:04:06] <@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
[13:10:22] <@wrbtrader> Long Emini TF @ 843.20 -> medium size
[13:10:28] <@wrbtrader> 4 contracts
[13:20:50] <@wrbtrader> Exited all Emini TF Long @ 843.30 --> + 0.1
[13:21:48] <@wrbtrader> It almost got above the most recent reaction high...close but not good enough
[13:24:22] <+Time4now> 15 min shows som reaction to support
[13:24:45] <+Time4now> but still too bearish for it to produce much
[13:25:10] <@wrbtrader> It's hammering at support
[13:26:16] <+Sidhartha> question is whether there is continuing volume down here
[13:28:30] <+Time4now> eww, charts messed up an iwm candle
[13:31:46] <@wrbtrader> support finally broken
[13:32:14] <@wrbtrader> too bad I didn't get any entries on that :(
[14:31:20] <+Time4now> long small 839
[14:34:07] <@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
[14:42:15] <+Time4now> long add 837.8
[14:46:14] <+Time4now> exit all 839.1
[15:09:11] <+Time4now> short small 838.7
[15:13:53] <+Time4now> exit 839.2
[15:17:11] <+Time4now> i knew that would be tight
[15:17:27] <+Time4now> should have exited just short of my entry
[15:17:32] <+Time4now> given the price action
[15:34:16] <+Time4now> short med 841.2
[15:34:45] <+Time4now> i'll have to post results later
[16:04:07] <@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
[16:26:49] <+Time4now> exit 841.4 -.2
[16:41:47] <+Time4now> oh, i shorted into a creaper uptrend
Session Close: Tue May 03 17:13:24 2011

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

#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 UsdCad

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


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