##TheStrategyLab Price Action Chat Room Logs

#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 about the price action on their monitors.


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


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

Session Start: Thu Jan 05 08:48:32 2012
Session Ident: #futurestrades
[08:48:32] * Now talking in #futurestrades
[08:48:32] <@X> [NihabaAshi] chat room archives @ viewforum.php?f=20
[09:10:23] <@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
[09:27:47] <+Trendtrader> all
[09:28:00] <drt>
[09:32:17] <+Trendtrader> Shorts Emini TF @ 739.3 «« simulator »»
[09:34:25] <+Trendtrader> Covered all Emini TF Short @ 739.3 --> 0 «« simulator »»
[09:40:25] <Tigerman> Shorts TF @ 738 «« simulator »»
[09:40:41] <+Tigerman> Shorts TF @ 738 «« simulator »»
[09:41:43] <+Tigerman> Covered 1/2 TF Short @ 737.1 --> + 0.9 «« simulator »»
[09:45:11] <+Tigerman> Covered Remainder TF Short @ 735.6 --> + 2.4 «« simulator »»
[09:50:31] <@wrbtrader> Long Emini TF @ 735.90 -> large size
[09:53:31] <@wrbtrader> Good morning all
[09:53:44] <+Tigerman> hi wrbtrader
[09:54:58] <@wrbtrader> Exited all Emini TF Long @ 736.60 --> + 0.7
[09:55:12] <@wrbtrader> Creeper Down Movement still intact...
[09:55:22] <@wrbtrader> Didn't want to hang around too long in that Long position
[09:57:30] <+Tigerman> Shorts TF @ 736 «« simulator »»
[09:57:38] <+Tigerman> intuition
[10:00:30] <+Tigerman> Covered 1/2 TF Short @ 735.2 --> + 0.8 «« simulator »»
[10:01:05] <@wrbtrader> Shorts Emini TF @ 735.40 -> medium size
[10:01:10] <@wrbtrader> 3+1
[10:02:16] <@wrbtrader> WRB pt1 reached
[10:03:22] <+Tigerman> Covered Remainder TF Short @ 734.1 --> + 1.9 «« simulator »»
[10:03:25] <@wrbtrader> Covered all Emini TF Short @ 734.40 --> + 1
[10:04:34] <@wrbtrader> Shorts Emini TF @ 734.80 -> small size
[10:04:40] <@wrbtrader> re-entry
[10:04:46] <@wrbtrader> 3 contracts
[10:06:21] <@wrbtrader> Covered all Emini TF Short @ 733.70 --> + 1.1
[10:06:29] <@wrbtrader> early exit...
[10:06:35] <@wrbtrader> be right back
[10:06:46] * wrbtrader is now known as wrbtrader_away
[10:08:21] <PV> Dollar looks shaky up here... Bought some EURO... to back to top of range 1.33ish maybe
[10:11:20] <+Tigerman> Long TF @ 734.7 «« simulator »»
[10:12:03] <+Tigerman> Exited all TF Long @ 734.8 --> + 0.1 «« simulator »»
[10:14:00] <+Tigerman> spot a nice entry but not too confident on price action..
[10:14:05] * wrbtrader_away is now known as wrbtrader
[10:14:44] <+Tigerman> in reality was a good long to hang on
[10:18:06] <+Tigerman> more the price go up more I am depressed for missing this GOOD oportunity
[10:20:27] <+Tigerman> Shorts TF @ 737.7 «« simulator »»
[10:21:26] <+Tigerman> Covered 1/2 TF Short @ 737.4 --> + 0.3 «« simulator »»
[10:24:04] <+Tigerman> Covered Remainder TF Short @ 738.1 --> - 0.4 «« simulator »»
[10:40:23] <@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
[11:34:15] <@wrbtrader> Long Emini TF @ 741.60 -> small size
[11:34:35] <@wrbtrader> Creeper Up Movement but poor entry
[11:35:28] <@wrbtrader> Exited all Emini TF Long @ 741.60 --> 0
[12:07:24] <@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
[12:10:49] <@wrbtrader> Creeper Up Movement still intact for the Emini Futures
[12:44:08] <werner> hi all
[12:48:18] <@wrbtrader> volatility spike and increasing
[12:55:06] <+werner> tf at yesterdays high
[12:55:26] <+werner> ym also
[12:55:40] <+werner> nq at r1
[12:55:45] <+werner> ...lets see
[12:56:19] <+werner> nq also at dec highs
[13:01:09] <+werner> tf r1 here
[13:03:29] <+werner> short 23.66.75
[13:03:39] <+werner> 2366.75 nq
[13:03:58] <+werner> mmm iust instal script again
[13:04:07] <+werner> must
[13:06:08] <+werner> exit -1
[13:12:15] <+werner> wrbtrader do you have a link to the mirc script?
[13:13:12] <@wrbtrader> yes...go back to the forum you're registered at and its in the thread that contains the password and log-in instructions
[13:15:34] <+werner> ok tx
[13:37:24] <@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
[13:37:27] <werner> mmm script is not working ..i think i hava a old mirc version
[13:40:41] <@wrbtrader> It's the only version posted at the site.
[13:40:55] <@wrbtrader> Older ones from many years ago are "not" posted at the site
[13:42:18] <+werner> ok but i mean i have a old mirc version
[13:42:34] <@wrbtrader> Ahhh...try updating it.
[13:42:48] <+werner> 6.03
[13:42:50] <@wrbtrader> Just install the latest version over your old version.
[13:43:00] <+werner> ok tx
[13:43:46] <@wrbtrader> Installing the new version over older version keeps any customization you've made to the script.
[13:44:06] <@wrbtrader> Thus, don't uninstall the older version unless you intentionally want to start from scratch.
[13:44:51] <@wrbtrader> Yet, be warned...only install the new version if you've already paid for the older version.
[13:45:13] <@wrbtrader> Simply, the older version will still work for those that didn't pay for it.
[13:45:37] <@wrbtrader> In contrast, the new version ONLY allows 30 days of use for those that don't want to pay for it.
[13:45:56] <@wrbtrader> That's why most new members in here don't stay in #FuturesTrades beyond 30 days...
[13:46:23] <+werner> ok thanks for the info
[13:46:27] <@wrbtrader> Their mIRC software has expired and they're not willing to use the alternative free programs like Trillian.
[13:47:30] <@wrbtrader> Creeper Up Movement still intact
[13:48:37] <@wrbtrader> I have not been trading since 1135am est due to some distractions here...
[13:49:10] <@wrbtrader> My guests (cable installation guys) should be done around 2:15pm est.
[13:49:21] <@wrbtrader> That's when I'll trade again
[13:49:59] <+werner> my son is next week home from ski holiday...he can find some cracks from the new mirc for me
[13:50:09] <@wrbtrader>
[14:17:41] <+werner> lol
[14:18:15] <+werner> cant stop before it works
[14:28:49] <@wrbtrader> Shorts Emini TF @ 748.70 -> small size
[14:28:59] <@wrbtrader> 3 contracts
[14:29:05] <@wrbtrader> chasing
[14:29:25] <@wrbtrader> 2nd bad entry of the day
[14:36:11] <@wrbtrader> Covered all Emini TF Short @ 749.50 --> - 0.8
[14:36:20] <@wrbtrader> ooops
[14:36:31] <@wrbtrader> Covered all Emini TF Short @ 748.50 --> + 0.2
[14:36:38] <@wrbtrader> correction
[14:47:28] <+werner> do you see sup here wrbtrader?
[14:48:36] <+werner> maybe testing the yesteday high here
[14:48:44] <+werner> tf
[14:49:29] <+werner> es also
[15:04:24] <@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
[15:59:58] <@wrbtrader> Just price noise going into the 4pm est bell
[16:01:30] <Tigerman> yes agreed
[16:03:04] <@wrbtrader> Shorts Emini TF @ 748.50 -> small size
[16:03:11] <@wrbtrader> 1 contract
[16:07:04] <@wrbtrader> WRB pt1 reached
[16:07:30] <@wrbtrader> Covered Emini TF Short @ 747.20 --> + 1.3
[16:08:22] <+werner>
[16:09:44] <+werner> gn all
[16:24:11] <+Tigerman> I exit see all next time
[16:34:25] <@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
Session Close: Thu Jan 05 16:53:02 2012

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

#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:

CME Emini Futures EMD, ES and NQ

ICE Emini TF Futures (formerly CME ER2)

CBOT mini-sized Dow Futures YM

Eurex Index Derivatives (futures) DAX and DJ Euro Stoxx50

Eurex Fixed Income Derivatives (futures) BUND, BOBL and Schatz

Euronext Futures FTSE-100 and CAC-40

CME Futures EuroFX 6E and EC

Treasury Futures T-Notes ZT, ZN, ZF and T-Bonds ZB

Forex Currencies GbpUsd, EurUsd, EurYen and UsdCad

Exchange Traded Funds VXX, DIA, IWM, QQQ, SPY, BGU, FAS, FAZ, TNA, OIH, XLE and GLD

NYMEX Energy Futures Light Crude Oil CL, Brent Crude Oil BRN, e-miNY QM and Natural Gas NG

COMEX Metal Futures Gold GC, mini-Gold YG, Copper HG and Silver SI

S&P CNX NIFTY Futures

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)
@ http://twitter.com/wrbtrader or http://stocktwits.com/wrbtrader

Phone: +1 708 572-4885
Business Hours: 8am - 5pm est (Mon - Fri)
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