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 Post subject: March 14th Monday Trade Results - Loss $2125.00
PostPosted: Tue Mar 15, 2016 9:20 pm 
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Joined: Sat Jan 10, 2009 2:06 pm
Posts: 4335
Location: Canada
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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)
wrbanalysis@gmail.com (24/7)
http://twitter.com/wrbtrader (24/7)

Attachment:
031416-wrbtrader-Price-Action-Trading-PnL-Blotter-Loss-2125.00.png
031416-wrbtrader-Price-Action-Trading-PnL-Blotter-Loss-2125.00.png [ 30.99 KiB | Viewed 289 times ]

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

Price Action Trade Performance for Today: Emini TF ($TF_F) futures @ $0.00 dollars or +0.00 points, Emini ES ($ES_F) futures @ ($2125.00) dollars or -42.50 points, Light Crude Oil CL ($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 Loss @ ($2125.00) 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 free 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=154&t=2312

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 Daily Trading Plan Routine @ http://www.thestrategylab.com/tsl/forum/viewtopic.php?f=285&t=3049 contains brief information about trading plan, market context, brokers, trading time frames, position size management and other discussions.

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

Market Context Summaries

The below summaries by Bloomberg, Briefing, 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.


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

Bloomberg - U.S. Stocks Little Changed Before Central Banks Meet This Week

* Commodity shares fall amid crude-oil selloff, banks decline
* Investors will watch Fed meeting this week for rate signals

U.S stocks closed little changed in light trading, near the highest levels this year, as investors awaited further assurances that central banks will continue to support growth.

Gains in consumer shares, including Amazon.com Inc., Starbucks Corp. and Walt Disney Co., offset declines in energy and raw-materials companies, with commodity shares lagging Monday as crude oil fell. Banks also slipped for the first time in three sessions. Starwood Hotels & Resorts Worldwide Inc. added 7.8 percent after an unsolicited takeover offer from a group of companies led by by China’s Anbang Insurance Group Co.

The Standard & Poor’s 500 Index fell 0.1 percent to 2,019.64 at 4 p.m. in New York, closing above its average price during the past 200 days for a second session. The Dow Jones Industrial Average added 15.82 points, or 0.1 percent, to 17,229.13, after weaving between gains and losses. The Nasdaq Composite Index increased less than 0.1 percent. About 6.4 billion shares traded hands on U.S. exchanges, 29 percent below the 2016 average.

“We’ve come so far so fast that at this stage, we’re just treading water after such a big move,” said Frank Cappelleri, executive director at Instinet LLC. “One area to watch for clues are financials and banks. That becomes even more important with the Fed announcement on Wednesday. They’ve been a major reason why the S&P has been able to extend further than it originally would have.”

The Federal Reserve’s two-day meeting this week will be in focus for indications on the trajectory of interest rates, after equities on Friday surged in the wake of additional stimulus steps from the European Central Bank. The Bank of Japan concludes a policy review Tuesday, while the Bank of England has a rate decision Thursday. Central banks have indicated a willingness to continue measures to boost growth and stabilize markets, helping buttress a comeback for U.S. stocks in the past month.

The S&P 500 has rebounded more than 10 percent since a Feb. 11 low and trimmed its 2016 drop to 1.2 percent, after losses of as much as 11 percent amid concern over China’s economic slowdown and a deepening oil rout. The gauge capped its fourth straight week of gains on Friday, the most since November, and closed above its 200-day moving average for the first time this year, ending its longest streak below that threshold since 2011.

Constituents in the benchmark are poised to repurchase as much as $165 billion of stock this quarter, approaching a record reached in 2007. The buying contrasts with rampant selling by clients of mutual and exchange-traded funds, who after pulling $40 billion since January are on pace for one of the biggest quarterly withdrawals ever.

While traders are pricing in little chance of a Fed rate increase on March 16, they have boosted the odds for later in the year. The probability of a June move is now 53 percent, from less than 2 percent a month ago, bolstered by improving economic data, stabilizing oil prices and the comeback in equities.

Fed Watch

Fed officials have stressed that the pace of rate increases, following December’s first boost since 2006, will be gradual and data-dependent. Reports on retail sales, industrial production and housing starts will also be assessed this week for signs of strength in the world’s biggest economy.

“I think the Fed will tread very cautiously,” said Joachim Fels, global economic adviser for Pacific Investment Management Co., during an interview on Bloomberg TV. “They learned last year and very early this year that the rest of the world -- debtors, emerging markets and in particular China -- are not ready for higher rates.”

Oil fell from a three-month high Monday as Iran said it would raise output to pre-sanctions levels before joining talks to freeze production, putting pressure on energy shares. West Texas Intermediate crude dropped 3.4 percent to $37.18 a barrel.

The Chicago Board Options Exchange Volatility Index rose 2.6 percent to 16.92 after falling Friday to the lowest this year. The measure of market turbulence known as the VIX remains on track for its first monthly decline since October, which would halt the longest streak of gains since 2011.

“The combination of some modest profit-taking and then a reaction to the price of oil declining is giving the market not even a hair cut, but just a slight trim,” said John Stoltzfus, the New York-based chief market strategist at Oppenheimer & Co. “After a 10 percent rally in this type of market, with job growth good but wage growth relatively anemic, earnings season still a few weeks away and energy sector earnings projected down, the curb-your-enthusiasm would be somewhat called for.”

Energy Slides

Six of the S&P 500’s 10 main industries fell, with energy, financial and raw-materials companies dropping at least 0.4 percent. Consumer discretionary shares gained 0.4 percent while industrial, technology and utility stocks were little changed.

Consumer discretionary companies advanced, thanks in large part to a boost in travel-related shares. Starwood traded at a four-month high. Marriott International Inc., which reaffirmed its bid to buy Starwood, added 3 percent. TripAdvisor Inc. climbed 4.5 percent amid takeover speculation circulating on Twitter.

Retailers ed for a fourth day, the longest stretch in almost a month. GameStop Corp. increased 3 percent, while Dollar Tree Inc. gained 1.2 percent amid its lengthiest rally since Feb. 1.

Southwestern Energy Co. and Chesapeake Energy Corp. were among the worst performers in the S&P 500, falling more than 6.7 percent. Southwestern was the second-best performing stock on Friday, but gains reversed as the price of oil declined.

Financials reversed part of a Friday gain, as banks in the index dropped 0.5 percent, after losing as much as 1.3 percent. Bank of America Corp. fell 1.1 percent, while Comerica Inc. climbed 1.4 percent after CLSA upgraded the company on takeover speculation.

Among other shares moving on corporate news, Fresh Market Inc. soared 24 percent, the most since 2010, after Apollo Global Management LLC agreed to buy the grocer for about $1.4 billion in cash. It’s the buyout firm’s third announced acquisition of more than $1 billion since the start of February.
3D Systems Corp. jumped 25 percent, the most in five years to a seven-month high after the company’s quarterly profit and sales topped analysts’ estimates.

Oil prices rally; S&P 500 up for a fifth session - NEW YORK (Reuters) - Oil prices jumped on Monday as optimism rose that major producers might reach a price support deal, helping U.S. stocks to notch a fifth straight session of gains.

Brent (LCOc1) hit its highest level since December, climbing $2.12, or 5.5 percent, to settle at $40.84 a barrel, while U.S. crude (CLc1) rose $1.98, or 5.5 percent, to settle at $37.90.

Oil has rallied in recent weeks amid increasing hope that OPEC producers may be moving toward a production freeze to support prices in an oversupplied market. On Monday, the Ecuadorean government said Latin American oil producers agreed to meet on Friday in Quito to coordinate a strategy to support crude oil prices.

"It's more confirmation that oil producers are close to achieving some kind of a deal on price support," said Phil Flynn, analyst at Price Futures Group in Chicago.

"It's feeding bullish sentiment into a market that's turned 180 degrees from where it stood just weeks ago."

In other commodities markets, spot iron ore prices jumped 19 percent, helped by expectations that Chinese steel mills were planning production cuts.

A 2.4 percent gain in the S&P energy index (.SPNY) offset a decline in technology shares (.SPLRCT), leaving the benchmark S&P 500 slightly positive for the session and extending the recent rise in stocks.

The Dow Jones industrial average (.DJI) gained 67.18 points, or 0.4 percent, to 17,073.95, the S&P 500 (.SPX) rose 1.77 points, or 0.09 percent, to 2,001.76 and the Nasdaq Composite (.IXIC) dropped 8.77 points, or 0.19 percent, to 4,708.25.

U.S. stocks have posted gains in each of the last three weeks, thanks in part to the rebound in oil prices, after a steep sell-off at the start of the year.

MSCI's all-country world stock index edged up 0.03 percent. In Europe, the pan-regional FTSEurofirst 300 index (.FTEU3) closed down 0.3 percent.

The dollar fell, wiping out its initial gains, as the oil rally rekindled demand for the euro and commodity-sensitive currencies.

The euro's gains were limited by the view the European Central Bank would embark on more stimulus to support the euro zone's fragile economic recovery at its policy meeting on Thursday.

The euro edged up 0.1 percent against the greenback to $1.1008 (EUR=) and slipped 0.5 percent versus the yen to 124.75 yen (EURJPY=). The dollar index (.DXY), which measures the dollar against a basket of six currencies, was down 0.2 percent at 97.132.

In the U.S. bond market, U.S. Treasury prices fell as oil prices surged and as traders increased bets in the wake of the strong February jobs report that the Federal Reserve will raise interest rates this year .

The benchmark 10-year note's yield rose to 1.920 percent, its highest in just over a month. It was last down 6/32 in price to yield 1.902 percent, up from 1.883 percent late Friday.

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
wrbanalysis@gmail.com


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