|TheStrategyLab.com Price Action Trading Support Forum
|October 1st Thursday - Energy Select Sector SPDR ($XLE)
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|Author:||wrbtrader [ Fri Oct 02, 2009 6:27 am ]|
|Post subject:||October 1st Thursday - Energy Select Sector SPDR ($XLE)|
Click on the above chart to enlarge. Also, commentaries are welcome and you don't need to join this forum to reply to this message post.
WRB Analysis is one of the most efficient methods of understanding the price action you're trading via identifying key changes in supply/demand...resulting in improved performance of your trade strategies when you apply WRB Analysis with your trade signals. In fact, it doesn't matter if you're using your own custon design trade signals, someone else trade signals or our own trade signals...WRB Analysis will improve your trade performance in comparison to your trade performance via trade signals alone and in comparison to your trading results prior to learning about WRB Analysis.
In the above attached chart of Energy Select Sector SPDR ($XLE)...there are highlight key changes in supply/demand that you should be monitoring for trade signals or profit targets. If you want to learn more about those annotated WRB S/R Zone on the attached chart...you should join this new TSL Support Forum to ask questions, email us or tweet us.
Trading Tip - Some support/resistance levels or zones have a lifespan (how long to use them) and most traders are using traditional s/r levels inefficiently because they don't know what is the lifespan of the key price levels...resulting in blowups or consistent losses. In contrast, WRB Analysis reveals these lifespan along with improving your entries, exits and stop/loss management.
WRB Analysis Tutorials
TSL Trade Strategies
FYI - You can ask me questions here at the forum or you can follow my tweets on twitter or tweet me (send me a message on twitter) about anything related to today's trading or related to WRB S/R Zones (key changes in supply/demand).
Disclaimer: The attached hindsight chart(s) are for illustration purposes only of concepts from our WRB Analysis Tutorials and trading strategies (trade signals). Also, the chart(s) was only used after a client notified us that he/she saw the concept develop in real-time, simulate traded the concept or traded via real money.
However, if you're looking for proof that the trade methodology concepts of TheStrategyLab.com is profitable, please reveiw the performance record of TheStrategyLab.com via real-time trades posted by me (a.k.a. wrbtrader or NihabaAshi) and any supporting broker profit/loss blotters or statements.
Yet, my performance does not imply you will have the same performance level due to many variables such as different time frames, different trade instrument, ISP connection speed, trader workstation, trade execution platform performance, discipline and market experience.
Simply, all the above is what most vendors will not tell you because they want you to think trading is easy or that you can keep it to a few simple steps.
In contrast, I'm going to tell you the realities of trading, share with you for a fee my strategies along with helping you in real-time to use my methods whenever you need real-time support.
Last of all, I will give you a complete refund if the concepts shown in these hindsight chart illustrations do not correlate with the concepts in the fee-base WRB Analysis Tutorials or trade signal strategies.
Trader and Founder of WRB Analysis (wide range body analysis)
Phone: +1 708 572-4885
Business Hours: 8am - 5pm est (Mon - Fri)
Skype Messenger: kebec2002
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