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 Post subject: January 26th Monday Trade Results - Profit $2750.00
PostPosted: Wed Jan 28, 2015 1:47 am 
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Joined: Sat Jan 10, 2009 2:06 pm
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Trade Results of M.A. Perry
Trader and Founder of WRB Analysis (wide range body/bar analysis)
Price Action Trading (no technical indicators)
Phone: +1 708 572-4885
Free Chat Room: http://www.thestrategylab.com/tsl/forum/viewforum.php?f=164
Business Hours: 8am - 5pm est (Mon - Fri)
questions@thestrategylab.com (24/7)
http://twitter.com/wrbtrader (24/7)

Attachment:
012615-wrbtrader-Price-Action-Trading-PnL-Blotter-Profit+2750.00.png
012615-wrbtrader-Price-Action-Trading-PnL-Blotter-Profit+2750.00.png [ 175.48 KiB | Viewed 322 times ]

click on the above image to view today's performance verification

Price Action Trade Performance for Today: Emini TF ($TF_F) futures @ $1,250.00 dollars or +12.50 points, Emini ES ($ES_F) futures @ $1,500.00 dollars or +30.00 points, Light Crude Oil CL ($CL_F) futures @ $0.00 dollars or +0.00 points, Gold GC ($GC_F) futures @ $0.00 dollars or +0.00 points and EuroFX 6E ($6E_F) futures @ $0.00 dollars or +0.0000 ticks. Total Profit @ $2,750.00 dollars

Russell 2000 Emini TF Futures: 1 tick or 0.10 = $10.00 dollars and there's more contract information @ The ICE
S&P 500 Emini ES Futures: 1 tick or 0.25 = $12.50 dollars and there's more contract information @ CMEGroup
Light Crude Oil CL (WTI) Futures: 1 tick or 0.01 = $10.00 dollars and there's more contract information @ CMEGroup
Gold GC Futures: 1 tick or 0.10 = $10.00 dollars and there's more contract information @ CMEGroup
EuroFX 6E Futures: 1 tick or 0.0001 = $12.50 dollars and there's more contract information @ CMEGroup

Trade Log: All of my trades were posted real-time in the timestamp ##TheStrategyLab chat room. You can read today's price action trading information about my trades (e.g. time, price entry, contract size, price exit) as the trade traversed to its completion. Also, sometimes I'll post real-time trading tips in ##TheStrategyLab chat room involving WRBs, WRB Hidden GAPs, Key Market Events (KME), Tutorial Chapters 2 & 3, WRB Zones, Reaction Highs/Lows, Contracting Volatility or Expanding Volatility. Its all archived @ http://www.thestrategylab.com/ftchat/forum/viewtopic.php?f=139&t=1989

Quote:
All of my real-time posted trades involves price action concepts from the WRB Analysis free study guide, Advance WRB Analysis Tutorial Chapters 4 - 12 and the Volatility Trading Report (VTR) trade signal strategies. Analysis -----> Trade Signals

Also, posted below are direct links to information about my price action trade methodology and trading plan (there's a difference between the two) that enables me to identify key trading areas in the price action that represent changes in supply/demand and volatility along with being able to exploit these changes via WRB Analysis (wide range body/bar analysis). I'm primarily a day trader because it suits my personal lifestyle but I do occasionally swing trade and position trade. Simply, my trade method is applicable for position trading, swing trading and day trading.

Image ##TheStrategyLab Chat Room is free. Members and I use the chat room to post WRB Analysis commentary, real-time trades and to post anything else related to trading. The chat room helps me tremendously in my own trading because I use it to document (journal) general volatility analysis involving WRB Analysis so that I can easily review at a later date my thoughts as I interacted with the markets...info I can not get from my broker statements. Also, this is not a signal calling chat room where a head trader tells you when to buy or sell and I do not have the time/energy/resources to manage a signal calling chat room. Access instructions for chat room @ http://www.thestrategylab.com/tsl/forum/viewforum.php?f=164

Image Price Action Analysis via Advance WRB Analysis Tutorial Chapters @ http://www.thestrategylab.com/WRBAnalysisTutorials.htm and there's a free study guide of the WRB Analysis Tutorial Chapters 1, 2 and 3 @ http://www.thestrategylab.com/tsl/forum/viewtopic.php?f=119&t=718

Analysis -----> Trade Signals

Image Trade Signal Strategies via Volatility Trading Report (VTR) @ http://www.thestrategylab.com/VolatilityTrading.htm and there's a free trade signal strategy @ http://www.thestrategylab.com/tsl/forum/viewforum.php?f=89 so that you can freely test drive one of our price action trade strategies with support (answering your questions) prior to purchasing the Volatility Trading Report (VTR).

All WRB Analysis Tutorial Chapters 1 - 12 are included in the purchase of the Volatility Trading Report (VTR).

Image Trading Plan Daily Routine @ http://www.thestrategylab.com/tsl/forum/viewtopic.php?f=255&t=2625

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Market Context Summaries

The below summaries by Bloomberg, CNNMoney, Reuters and Yahoo! Finance helps me to do a quick review of the fundamentals, FED/ECB/BOE/IMF actions or any important global economic events (e.g. Eurozone, MarketWatch.com) that had an impact on today's price action in many trading instruments I monitor during the trading day. Simply, I'm a strong believer that key market events causes key changes in supply/demand and volatility resulting in trade opportunities (swing points and strong continuation price actions) that reach profit targets. Thus, I pay attention to these key market events, intermarket analysis (e.g. Forex EurUsd, EuroFX 6E futures, Gold GC futures, Light Crude Oil (WTI) CL & Brent Oil futures, Eurex DAX futures, Euronext FTSE100 futures, Emini ES futures, Emini TF futures, Treasury ZB futures and U.S. Dollar Index futures) while using WRB Analysis from one trade to the next trade to give me the market context for price action trading before the appearance of my technical analysis trade signals. Therefore, I maintain these archives to allow me to understand what was happening on any given trading day in the past involving key market events to help better understand my trade decisions (day trading, swing trading, position trading)...something I can not get from my broker statements alone. Further, most financial websites remove (delete) their archives after a few years to make room for new content. Therefore, I maintain my own archives of the news content so that I have it available for me when financial websites no longer archives their content.

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

U.S. Stocks Rise as Euro Gains on Greece; Gold, Oil Fall

(Bloomberg) -- U.S. stocks rose, while the euro strengthened with European equities amid optimism fallout from anti-austerity party Syriza’s victory in Greece’s election will be contained. Gold and crude oil declined.

The Standard & Poor’s 500 Index added 0.3 percent by 4 p.m. in New York, following the gauge’s first weekly gain this year. The Stoxx Europe 600 Index advanced 0.6 percent to extend a seven-year high reached Friday. Europe’s shared currency strengthened 0.3 percent, reversing earlier declines. Greek stocks fell with bonds. Yields on 10-year Treasury notes rose three basis points to 1.83 percent. Gold futures slid the most this year as U.S. oil slipped to an almost six-year low.

While Greek Prime Minister-elect Alexis Tsipras has a mandate to confront the country’s austerity program, investors have been speculating that Syriza’s ascension to power won’t force Greece’s exit from the currency bloc. Russia’s credit rating was cut to junk by Standard & Poor’s, putting it below investment grade for the first time in a decade. The New York Stock Exchange plans to operate on a normal schedule on Monday and Tuesday amid forecasts for a blizzard on the east coast.

“We’re sort of at an inflection point in the market,” Bill Schultz, who oversees $1.2 billion as chief investment officer at McQueen, Ball & Associates in Bethlehem, Pennsylvania, said by phone. “It needs more to get it moving to higher levels. It’s just trying to digest all of this information and try to make heads or tails of it. You saw the Greek election although that was not a big surprise, or not a big market mover here today. Right now we’re at a little bit of a lull.”

Blizzard Watch

New York officials told residents to stay at home as a blizzard forecasters are calling “life-threatening” approached the city. The Securities Industry and Financial Markets Association said it was not recommending an early close on the U.S. bond market today.

All physical and electronic operations will be fully available with core operations staff and market participants on site Monday and Tuesday, the NYSE said in an e-mail. The last time NYSE’s trading hours were changed because of a snowstorm was on Jan. 8, 1996, according to the exchange’s website.

Energy shares advanced 1.4 percent today, while technology stocks lost 0.4 percent as six of the 10 main S&P 500 groups rose. Microsoft Corp. fell more than 2 percent in after-hours trading, even as it reported second-quarter sales and profit that exceeded analysts’ estimates.

West Texas Intermediate crude erased earlier gains to settle down 1 percent at $45.15 a barrel, the lowest level since March 11, 2009. Oil had spiked higher after OPEC Secretary-General Abdalla El-Badri said he hopes the market will recover in a “reasonable time” and that the bloc is open to talks with outside producers.

More Risk

The S&P 500 rallied 1.6 percent last week after European Central Bank President Mario Draghi said it plans to buy up to 1.14 trillion euros ($1.28 trillion) of private and public securities.

The Greek elections “infused a little bit more risk into the market, that’s why we’ve pulled back,” Michael James, a Los Angeles-based managing director of equity trading at Wedbush Securities Inc., said in a phone interview. “More people are focusing on a pretty busy earnings calendar this week and the Fed commentary on Wednesday. Those are going to be the much bigger focus for traders.”

Federal Reserve officials are scheduled to begin a two-day policy meeting tomorrow. The central bank is trying to determine whether declining oil prices, a slowdown in European growth and any fallout from the Greek elections will threaten the U.S. recovery as it considers raising interest rates. Chair Janet Yellen told reporters after the last meeting not to expect higher borrowing costs before the end of April.

Funding Round

Tsipras, 40, has pledged to keep Greece within the single currency area as he negotiates a writedown of Greek debt and eases budget constraints that were imposed in return for aid after the country’s economic collapse.

The current round of funding expires on Feb. 28 and talks with the so-called troika -- the International Monetary Fund, the European Commission and the ECB -- for its renewal have stalled since September amid demands for further belt tightening.

Greek 10-year bonds fell, pushing the yield on the 2025 securities 68 basis points, or 0.68 percentage point, higher to 9.09 percent, after the rate dropped 56 basis points on Jan. 23. The benchmark equity gauge declined 3.2 percent, paring a 6.1 percent gain on Friday.

‘Relatively Relaxed’

“If you are a broad European investor you should be relatively relaxed,” Michael Krautzberger, the London-based head of euro fixed income at the world’s biggest money manager BlackRock Inc. said in an interview on Bloomberg Television’s “The Pulse” with Francine Lacqua. “If you look at the long end in Italy, the long end in Spain, they are actually up in price, down in yield. If the market were super concerned about spillover we wouldn’t have those reactions.”

Spanish and Italian sovereign securities erased earlier declines on speculation the ECB’s plan may shield those nations’ securities from any selloff in Greece.

Italy’s 30-year yield fell 17 basis points to 2.52 percent and the rate on similar-maturity Spanish debt dropped 12 basis points to 2.30 percent and Portugal’s declined 21 basis points to 3.29 percent.

European Stocks

Currencies perceived as havens were among the biggest losers versus the 19-nation euro. The Swiss franc weakened 2.9 percent to 98.47 centimes per euro and the yen slipped 0.9 percent to 133.18 per euro.

The Stoxx 600 advanced for an eighth day, capping its longest rally since April. Among companies moving on corporate news, Aer Lingus Group Plc added 1.6 percent and International Consolidated Airlines Group SA climbed 0.9 percent as the Irish carrier is mulling IAG’s takeover offer. Delhaize Group, the owner of the U.S. Food Lion stores, advanced 7.1 percent after reporting that preliminary underlying operating profit for 2014 was better than estimated.

The MSCI Emerging Markets Index fell for the first time in five days, declining 0.2 percent from an eight-week high.

Russia’s Micex Index slid 1.8 percent and the ruble weakened 7.1 percent following its first weekly advance this year. The dollar-denominated RTS slumped 4.8 percent.

Ruble losses accelerated after S&P lowered Russia’s credit rating to junk. The ratings agency also assigned the sovereign debt a negative outlook.

Ukraine Tension

The U.S. and the European Union warned that Russia may face further repercussions after a rocket attack on the port city of Mariupol on Saturday. The U.S., NATO, and the OSCE said the attack came from rebel-held territory and the separatists blamed Ukrainian government forces.

President Barack Obama said the alliance of the U.S. and European governments must remain unified and EU foreign affairs chief Federica Mogherini called an extraordinary meeting of foreign ministers for Jan. 29. Russia consistently denies military involvement.

A new convoy of trucks carrying what Russia says is humanitarian aid will head for eastern Ukraine early on Jan. 27, RIA Novosti reported, citing the Emergencies Ministry in Moscow. Ukrainian troops faced 115 rebel attacks in the past 24 hours, military spokesman Leonid Matyukhin said on Facebook.

Gulf Stocks

The Dubai Financial Market Index slid 3.6 percent, the most this year, and Abu Dhabi’s benchmark gauge lost 0.8 percent. Saudi Arabia’s Tadawul All Share Index rose 0.7 percent trading resumed following the death of King Abdullah on Jan. 23.

The Shanghai Composite Index climbed 0.9 percent to the highest close since August 2009, with trading volumes 23 percent less than the 30-day average, according to data compiled by Bloomberg. The Hang Seng China Enterprises Index of mainland companies listed in Hong Kong dropped 0.3 percent, ending a four-day rally.

Commodities have fallen 3.6 percent this month, heading for their first January decline in five years amid surging supplies of crude oil and slowing global economic growth.

Copper gained 1.1 percent in London after sliding more than 3 percent to the weakest level since July 2009. Silver declined 2.3 percent.

To contact the reporters on this story: Stephen Kirkland in London at skirkland@bloomberg.net; Jeremy Herron in New York at jherron8@bloomberg.net

To contact the editors responsible for this story: Jeff Sutherland at jsutherlan13@bloomberg.net; Emma O’Brien at eobrien6@bloomberg.net Jeremy Herron, Emma O’Brien

Special thanks to Bloomberg, CNNMoney, Reuters and Yahoo! Finance for their market summaries. gm

Best Regards,
M.A. Perry
Trader and Founder of WRB Analysis (wide range body/bar analysis)
Image@ http://twitter.com/wrbtrader Image@ http://stocktwits.com/wrbtrader

http://www.thestrategylab.com
Phone: +1 708 572-4885
Business Hours: 8am - 5pm est (Mon - Fri)
Skype Messenger: kebec2002
questions@thestrategylab.com
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