Login    Forum    Search    FAQ



Post new topic Reply to topic Bookmark and Share  [ 1 post ] 
Author Message
 Post subject: August 2nd Tuesday - Futures, ETFs and Forex Currencies
 Post Posted: Tue Aug 02, 2011 4:13 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:
080211-Key-Price-Action-Markets.png
080211-Key-Price-Action-Markets.png [ 504.18 KiB | Viewed 194 times ]

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

Session Start: Tue Aug 02 08:37:39 2011
Session Ident: #FuturesTrades
[08:37:39] * Now talking in #FuturesTrades
[08:37:39] <@X> [NihabaAshi] chat room archives @ viewforum.php?f=20
[08:42:02] <pat255> Consumer spending falls 0.2% in June
[08:46:30] <Stormwolf> Long Light Crude Oil CL @ ES
[08:46:38] <+Stormwolf> potentially multiday trade
[08:47:06] <+Stormwolf> Long Emini ES @ 1272.25
[08:55:56] <+pat255> new all time high for gold 1639
[08:56:02] <+pat255> wow
[08:58:23] <@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
[09:00:27] <+Stormwolf> Nihaba whats the reason for trading TF and not NQ or CL
[09:19:35] <Trendtrader> gm all
[09:28:42] <drt> gm
[09:29:27] <@wrbtrader> Good morning all
[09:29:56] <@wrbtrader> Hi Stormwolf...Emini TF is not my favorite trading instrument.
[09:30:19] <@wrbtrader> I trade it for personal reasons. Simply, it fits well in my personal lifestyle.
[09:30:57] <@wrbtrader> My favorite trading instrument are the Eurex DAX, Euronext CAC40, EuroFX 6E and Hang Seng HSI futures.
[09:31:19] <+Trendtrader> Long TF @ 788.7 «« simulator »»
[09:31:36] <+Trendtrader> Exited 1/2 TF Long @ 789.7 --> + 1 «« simulator »»
[09:31:36] <@wrbtrader> I can't trade those because it would require me to change my "time zone of sleep"...conflicting with my personal life involving my family.
[09:31:49] <+Trendtrader> Exited Remainder TF Long @ 788.8 --> + 0.1 «« simulator »»
[09:31:55] <@wrbtrader> Simply, if I was single and didn't have a family...I would not be trading the Emini TF futures.
[09:32:51] <@wrbtrader> The Oil CL futures requires me to get up TOO EARLY to monitor its European hour trading session prior to it hitting the North American active trading session.
[09:33:27] <@wrbtrader> I won't trade anything if I can not monitor properly it's OTHER active trading sessions (e.g. Eurex DAX).
[09:35:36] <@wrbtrader> Meant...if I was single, YOUNG and didn't have a family...I would trade my favorite trading instruments.
[09:36:05] <@wrbtrader> As for Emini NQ...I don't have the "bang for the buck" for that in comparison to Emini TF
[09:36:38] <@wrbtrader> In fact, I make LESS money when trading Emini NQ.
[09:42:04] <+pat255> 2nd push up frpm 9am on es
[09:44:16] <+pat255> pb to 73 will good area for L
[09:45:16] <@wrbtrader> The big Debt Ceiling vote is sometime around 12noon est I believe
[09:45:30] <+pat255> y
[09:45:38] <+pat255> 12 noon show down
[10:02:17] <+pat255> $ lodding
[10:03:42] <+pat255> L 79 es
[10:04:05] <+pat255> out -1
[10:04:09] <+pat255> geez
[10:25:23] <@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
[10:26:22] <@wrbtrader> Shorts Emini TF @ 790.20 -> medium size
[10:26:39] <@wrbtrader> chaser after some data problems
[10:27:17] <@wrbtrader> short signal actually @ 1006am est @ 793.60
[10:27:29] <@wrbtrader> missed it due to the data problems
[10:27:47] <@wrbtrader> 4 contracts
[10:34:33] <@wrbtrader> Covered all Emini TF Short @ 788.70 --> + 1.5
[10:38:28] <+pat255> vn
[10:38:53] <@wrbtrader> Long Emini TF @ 789.60 -> small size
[10:39:03] <@wrbtrader> 2 contracts
[10:44:20] <@wrbtrader> Exited all Emini TF Long @ 790.30 --> + 0.7
[11:04:07] <@wrbtrader> Emini TF inside of a WRB Zone
[11:05:39] <@wrbtrader> Long Emini TF @ 786.60 -> small size
[11:05:46] <@wrbtrader> 2 contracts
[11:07:58] <+pat255> S es 72
[11:08:51] <+pat255> stop be +1 t
[11:08:59] <@wrbtrader> Exited all Emini TF Long @ 786.20 --> - 0.4
[11:09:16] <+pat255> out 2 ..
[11:09:27] <+pat255> green for today ..for a change
[11:09:45] <@wrbtrader> volatility spike
[11:12:05] <@wrbtrader> Emini TF testing the (S) area of that WRB Zone
[11:12:40] <@wrbtrader> Shorts Emini TF @ 784.30 -> medium size
[11:12:46] <@wrbtrader> 4 contracts
[11:12:47] <@wrbtrader> average
[11:12:51] <@wrbtrader> support failure
[11:14:27] <+pat255> europe ugly today dax -169
[11:18:02] <+pat255> just 45 min till the senate vote
[11:22:13] <@wrbtrader> Covered all Emini TF Short @ 782.30 --> + 2
[11:26:56] <+pat255> vn N
[11:35:02] <@wrbtrader> weak support developed
[11:35:21] <@wrbtrader> watching closely to see if Longs show up to strengthen the support
[11:38:12] <+pat255> on what tf N 1m 2m ?
[11:41:58] <@wrbtrader> 3min
[11:42:08] <@wrbtrader> 3min chart
[11:42:30] <+pat255> k ty
[11:43:43] <@wrbtrader> Shorts Emini TF @ 781.70 -> small size
[11:43:45] <@wrbtrader> support failure
[11:43:50] <@wrbtrader> 1 contract
[11:44:22] <@wrbtrader> lowered position size going into the 12noon est pending Debt Ceiling vote
[11:45:06] <+pat255> mkt cant pick up at all
[11:45:51] <@wrbtrader> Covered Emini TF Short @ 781.60 --> + 0.1
[11:55:24] <@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
[12:05:03] <Stormwolf> nihaba, it seems that you never have losing trades
[12:05:19] <@wrbtrader> ???
[12:05:42] <@wrbtrader> [11:08:59] <@wrbtrader> Exited all Emini TF Long @ 786.20 --> - 0.4
[12:06:53] <@wrbtrader> I think you meant to say it seems like my losers are SMALLER than my winners...
[12:06:57] <@wrbtrader> That's true
[12:08:10] <@wrbtrader> support developing
[12:08:24] <@wrbtrader> volatility contraction developing
[12:15:13] <@wrbtrader> Long Emini TF @ 781.20 -> small size
[12:15:19] <@wrbtrader> 1 contract
[12:15:41] <@wrbtrader> still keeping it small with the pending Pres. Obama speech involving the Debt Ceiling vote
[12:15:54] <@wrbtrader> tight stop/loss too
[12:16:11] <@wrbtrader> managing the increased risk
[12:17:10] <@wrbtrader> Exited Emini TF Long @ 782.00 --> + 0.8
[12:18:54] <@wrbtrader> exited at the first WRB profit target
[12:19:29] <@wrbtrader> its now became a WRB Hidden GAP
[12:20:15] <LA> Long TF 782.1
[12:21:48] <+LA> Sold 783.1 +1
[12:22:01] <@wrbtrader> volatility spike
[12:28:29] <@wrbtrader> I just learned that the Eurozone GDP is larger than the United States...
[12:29:00] <@wrbtrader> Their economies are key to global economic stability...reason why they impact the futures markets so much in the U.S.
[12:29:07] <@wrbtrader> let alone in Europe
[12:31:05] <@wrbtrader> Shorts Emini TF @ 782.30 -> small size
[12:31:13] <@wrbtrader> 1 contract
[12:31:40] <@wrbtrader> should be my toughest trade of the day due to the pending Pres. Obama speech
[12:32:14] <@wrbtrader> tighten trail @ profit
[12:32:20] <@wrbtrader> volatility spike
[12:36:02] <@wrbtrader> WRB Hidden GAP trying to setup
[12:36:08] <@wrbtrader> 2min chart
[12:36:40] <@wrbtrader> tighten trail
[12:37:14] <@wrbtrader> Covered Emini TF Short @ 780.00 --> + 2.3
[12:39:08] <@wrbtrader> Hidden GAP didn't form
[12:41:19] <+LA> Short ES 1268.5
[12:44:09] <+LA> Cover ES 1267 +1.5
[12:44:53] <@wrbtrader> key markets losing support
[12:47:45] <@wrbtrader> Senate Passes Debt Limit Extension Increase 74 to 26...Awaiting Pres. Obama to sign bill
[12:47:59] <@wrbtrader> support failure
[12:48:03] <@wrbtrader> volatility spike
[13:01:12] <@wrbtrader> Long Emini TF @ 779.60 -> small size
[13:01:20] <@wrbtrader> 3 contracts
[13:01:33] <@wrbtrader> volatility increasing
[13:01:34] <JimL1> FLASH: Ratings agency Fitch says U.S. debt deal is commensurate with AAA rating
[13:01:51] <@wrbtrader> Yes...I saw that too :)
[13:03:29] <@wrbtrader> Exited all Emini TF Long @ 779.90 --> + 0.3
[13:05:28] <@wrbtrader> Pres. Obama speaking
[13:06:42] <@wrbtrader> Long Emini TF @ 779.90 -> small size
[13:06:56] <@wrbtrader> 3 contracts
[13:07:17] <@wrbtrader> intuition via the chasing of 779.60 price area
[13:08:40] <@wrbtrader> tighten stop/loss protection
[13:13:23] <@wrbtrader> Exited all Emini TF Long @ 779.30 --> - 0.6
[13:16:30] <@wrbtrader> Long Emini TF @ 779.60 -> small size
[13:16:35] <@wrbtrader> 3 contracts
[13:16:39] <@wrbtrader> same trade
[13:16:50] <@wrbtrader> as the prior two
[13:21:33] <@wrbtrader> Need at least a 780.60 exit to make these last 3 trades worth the effort.
[13:22:24] <@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
[13:22:44] <@wrbtrader> slowly losing my patience :(
[13:23:29] <@wrbtrader> Exited all Emini TF Long @ 779.60 --> 0
[13:23:33] <@wrbtrader> :(
[13:26:01] <+LA> Short ES 1266.75
[13:26:19] <@wrbtrader> Shorts Emini TF @ 779.30 -> small size
[13:26:27] <@wrbtrader> 3 contracts
[13:27:16] <+LA> Cover ES 1265.75 +1
[13:27:19] <@wrbtrader> price action still trying hard to contract within the range of a prior WRB Hidden GAP @ 1244pm est
[13:27:56] <@wrbtrader> because of such...I should be still @ 1 contract per trade until the risk is lowered
[13:29:09] <@wrbtrader> Covered all Emini TF Short @ 779.40 --> - 0.1
[13:32:46] <@wrbtrader> Shorts Emini TF @ 779.00 -> small size
[13:32:54] <@wrbtrader> 1 contract
[13:33:11] <@wrbtrader> geeesh
[13:33:28] <@wrbtrader> volatility contraction
[13:35:10] <@wrbtrader> volatility spike
[13:36:30] <@wrbtrader> Covered Emini TF Short @ 776.90 --> + 2.1
[14:20:14] <+LA> Long TF 776.9
[14:21:44] <+LA> Sold TF 777.9 +1
[14:29:03] <@wrbtrader> Gold GC futures still climbing higher...most realize the debt crisis still isn't over with.
[14:32:24] <+LA> Short ES 1260.5
[14:40:43] <+LA> Cover ES 1259.5 +1
[14:52:25] <@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
[14:56:41] <@wrbtrader> Nice looking bounce off the double bottom
[15:18:15] <@wrbtrader> Shorts Emini TF @ 775.10 -> small size
[15:18:21] <@wrbtrader> 3 contracts
[15:18:26] <@wrbtrader> :(
[15:18:34] <@wrbtrader> poor entry
[15:18:39] <@wrbtrader> bail time
[15:18:59] <@wrbtrader> Covered all Emini TF Short @ 775.20 --> - 0.1
[15:22:12] <@wrbtrader> Trade signal @ 776.00
[15:22:28] <@wrbtrader> got caught in a analysis freeze :)
[15:23:02] <@wrbtrader> meant 776.60
[15:24:57] <@wrbtrader> volatility spike
[15:31:10] <@wrbtrader> weak support asrea developed
[15:31:31] <@wrbtrader> I'm talking about ALL the Emini futures
[15:35:09] <@wrbtrader> Long Emini TF @ 772.50 -> small size
[15:35:23] <@wrbtrader> 1 contract
[15:35:40] <@wrbtrader> Exited Emini TF Long @ 772.30 --> - 0.2
[15:36:30] <@wrbtrader> Long Emini TF @ 772.50 -> small size
[15:36:36] <@wrbtrader> 2 contracts
[15:36:38] <@wrbtrader> same trade
[15:39:14] <@wrbtrader> Exited all Emini TF Long @ 772.20 --> - 0.3
[15:39:20] <@wrbtrader> :(
[15:40:12] <@wrbtrader> Shorts Emini TF @ 771.50 -> small size
[15:40:16] <@wrbtrader> 3 contracts
[15:40:24] <@wrbtrader> volatility breakout
[15:47:05] <@wrbtrader> Covered all Emini TF Short @ 770.00 --> + 1.5
[15:49:25] <@wrbtrader> volatility spike going into the 4pm est rush hour traffic
[15:54:13] <@wrbtrader> [10:26:22] <@wrbtrader> Shorts Emini TF @ 790.20 -> medium size
[15:54:13] <@wrbtrader> [10:26:39] <@wrbtrader> chaser after some data problems
[15:54:51] <@wrbtrader> that was a key trade signal missed between 1000am - 1015am est
[15:55:20] <@wrbtrader> reason why I couldn't hold on to that chaser like I normally could in situations like that.
[15:55:39] <@wrbtrader> Simply, I lost my wiggle room that would have allowed a nice position hold
[15:55:55] <@wrbtrader> There's tomorrow :)
[15:56:34] <@wrbtrader> Shorts Emini TF @ 766.90 -> small size
[15:56:40] <@wrbtrader> 1 contract
[15:56:43] <@wrbtrader> intuition
[16:00:00] <@wrbtrader> Covered Emini TF Short @ 765.70 --> + 1.2
[16:19:25] <@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
[16:20:49] <@wrbtrader> I'm glad the volatility showed up after 4pm est
[16:21:11] <@wrbtrader> because of such...I'll be aggressively trading tomorrow like today
[16:21:39] <@wrbtrader> Hopefully I can catch a nice ride on a trade along with not missing any key trades while trading
[16:21:49] <@wrbtrader> Take care all and see all tomorrow
[16:22:07] * wrbtrader is now known as wrbtrader_away

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

#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 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 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


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 2 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