TheStrategyLab Price Action Trading (no technical indicators)
Free Chat Room:
http://www.thestrategylab.com/tsl/forum/viewforum.php?f=164 M.A. Perry a.k.a. wrbtrader (more info about me):
http://www.thestrategylab.com/wrbtrader.htmTheStrategyLab Reviews:
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@ http://www.thestrategylab.com/tsl/forum/viewforum.php?f=164 Attachment:
050318-TheStrategyLab-Chat-Room-Key-Markets.png [ 2.05 MiB | Viewed 254 times ]
click on the above image to view today's price action of key markets [08:23:59] * Now talking in ##TheStrategyLab
[08:25:37] <werner> hi mark
[08:28:56] <werner> Long Emini NQ @ 6610.00
[08:29:35] <werner> need +/- 15
[08:32:14] <werner> Exited all Emini NQ Long @ 6613.50 --> + 3.5
[08:32:22] <werner> wrb pt1
[09:22:15] <werner> Long Emini NQ @ 6612.50
[09:22:49] <werner> need 15
[09:24:30] <werner> Exited all Emini NQ Long @ 6615.00 --> + 2.5
[09:34:11] <wrbtrader> Shorts Emini ES @ 2619.25 -> large size
[09:34:58] <wrbtrader> 10 contracts
[09:35:33] <wrbtrader> Covered all Emini ES Short @ 2616.75 --> + 2.5
[09:35:57] <wrbtrader> WRB pt1 and just a tick below the most recent reaction low
[09:36:22] <werner> Long Emini NQ @ 6606.25
[09:36:31] <Tigerman______>
all
[09:36:39] <werner> Exited all Emini NQ Long @ 6610.00 --> + 3.75
[09:36:47] <Tigerman______> good volatility at open
[09:36:59] <wrbtrader> strange that Emini NQ futures didn't follow Emini ES with the same volatility pressure
[09:37:00] <Tigerman______> just did 2 fast short on ES
[09:37:17] <Tigerman______> while it retst some area in overnight action
[09:37:35] <Tigerman______> yeah Nq snap up now
[09:37:54] <wrbtrader> wouldn't be surprise if that inefficiency within the correlation sets up a big volatility spike
[09:38:08] <werner> Long Emini NQ @ 6609.00
[09:38:56] <werner> Exited all Emini NQ Long @ 6612.50 --> + 3.5
[09:40:12] <Tigerman______> also RTY climb higher
[09:40:33] <werner> Shorts Emini NQ @ 6602.25
[09:40:59] <werner> Covered all Emini NQ Short @ 6593.00 --> + 9.25
[09:46:57] <werner> Long Emini NQ @ 66075.00
[09:47:29] <werner> Exited all Emini NQ Long @ 6609.0 --> - 59466
[09:47:54] <werner> Long Emini NQ @ 6607.50
[09:48:06] <werner> Exited all Emini NQ Long @ 6609.00 --> + 1.5
[09:48:52] <wrbtrader> Long Emini ES @ 2617.00 -> small size
[09:48:59] <wrbtrader> 2 contracts
[09:49:37] <wrbtrader> Trade via price action of Emini NQ futures
[09:49:50] <werner>
[09:50:52] <Tigerman______> I also see some weak in RTY
[09:51:29] <Tigerman______> alert me for a long
[09:51:31] <wrbtrader> Exited all Emini ES Long @ 2619.50 --> + 2.5
[09:51:44] <Tigerman______> just not taken because the overall down pressure
[09:51:58] <werner> agree
[09:52:03] <Tigerman______> signal around 2616 ES
[09:52:35] <Tigerman______> simply I m carefull to not ruin my profit till now
[09:53:03] <werner> smart
[09:56:43] <Tigerman______> yeah I m just tired to ruin all the good work done in first hour ... via bed intuition trades later
[09:56:57] <Tigerman______> bad not bed zzz
[09:57:17] <wrbtrader> Emini ES futures retraced the big Down WRB Hidden GAP interval
[10:02:08] <Tigerman______> NQ was very strong vs ES some intervals before
[10:02:17] <Tigerman______> that prompt for a short
[10:02:27] <wrbtrader> Shorts Emini ES @ 2618.25 -> small size
[10:02:30] <Tigerman______> I did that
[10:02:34] <wrbtrader> 3 contracts
[10:02:39] <Tigerman______> just close to early
[10:02:57] <wrbtrader> missed grabbing this @ 2619.00
[10:04:53] <wrbtrader> contracting too much now
[10:05:16] <wrbtrader> hopefully that will setup a volatility spike to take prices downward
[10:06:37] <wrbtrader> Covered all Emini ES Short @ 2616.75 --> + 1.5
[10:06:53] <wrbtrader> not a WRB pt1
[10:07:04] <wrbtrader> error in my trail stop placement
[10:08:29] <wrbtrader>
[10:09:49] <werner>
[10:11:39] <Tigerman______> we had a big up spike in FDAX some minutes ago..
[10:11:50] <Tigerman______> now I see why
[10:12:21] <Tigerman______> euroSTOXX provide some support ...then FDAX rebound up
[10:21:55] <Tigerman______> sell pressure show up again
[10:28:08] <Tigerman______> sell pressure continue
[10:28:21] <Tigerman______> just did 2 short in ES
[10:28:55] <Tigerman______> small size I no see clear Zones so mostly intuition trades
[10:29:20] <Tigerman______> those pressure help me to be a bit confident
[10:29:37] <wrbtrader>
[10:30:29] <Tigerman______> just snapback up can be brutal sometimes
[10:30:44] <Tigerman______> so we need to be very fast on trail
[10:31:03] <Tigerman______> now it is time check blood pressure
[10:31:32] <Tigerman______> ah in trading book and forum they say trading is easy... yeah on paper
[10:32:02] <Tigerman______> sometimes I feel in the mid a competition
[10:32:21] <Tigerman______> and think ohh tomorrow will be the same
[10:33:00] <Tigerman______> I mean a feeling normal clerck or office personal cannot understand
[10:38:06] <Tigerman______> VIX above 18 now
[10:41:07] <wrbtrader> Shorts Emini ES @ 2597.00 -> medium size
[10:41:14] <wrbtrader> 5 contracts
[10:41:44] <werner> Shorts Emini NQ @ 6562.00
[10:42:27] <wrbtrader> Covered all Emini ES Short @ 2598.50 --> - 1.5
[10:43:19] <werner> Covered all Emini NQ Short @ 6564.00 --> - 2
[10:45:15] <werner> Long Emini NQ @ 654.00
[10:45:33] <werner> Long Emini NQ @ 6564.00
[10:45:39] <wrbtrader> Shorts Emini ES @ 2598.25 -> medium size
[10:45:43] <wrbtrader> re-entry 5 contracts
[10:46:13] <werner> need 78
[10:46:33] <werner> 75
[10:47:03] <wrbtrader> Covered all Emini ES Short @ 2599.50 --> - 1.25
[10:50:09] <wrbtrader> Shorts Emini ES @ 2600.00 -> medium size
[10:50:12] <wrbtrader> re-entry
[10:50:17] <wrbtrader> 5 contracts
[10:50:45] <wrbtrader> I'm still following Emini NQ but now I'm having problems in my trades
[10:50:52] <Tigerman______> sh ES 2599.25
[10:50:53] <Tigerman______> small
[10:51:55] <wrbtrader> Covered all Emini ES Short @ 2598.00 --> + 2
[10:52:25] <wrbtrader> random exit...not a WRB pt1
[10:52:41] <wrbtrader> got spooked out by Emini NQ price stall
[10:53:05] <werner> Exited all Emini NQ Long @ 6554.00 --> - 10
[10:53:25] <werner> Shorts Emini NQ @ 6554.00
[10:54:34] <Tigerman______> exit all ES @ 2596.25 +12 tks
[10:55:05] <werner> Shorts Emini NQ @ 6561.00 -> Add
[10:55:40] <wrbtrader> Shorts Emini ES @ 2564.50 -> medium size
[10:55:44] <Tigerman______> sh ES 2595
[10:55:53] <wrbtrader> 5 contracts
[10:56:11] <wrbtrader> moved down the range of a Long Lower Shadow interval
[10:56:15] <wrbtrader> poor entry
[10:56:37] <werner> need 40
[10:56:53] <werner> Covered all Emini NQ Short @ 6540.00 --> + 35
[10:57:04] <wrbtrader> Covered all Emini ES Short @ 2592.00 --> - 27.5
[10:57:24] <Tigerman______> exit 2/3 @ 2592.50 +10 tk
[10:57:33] <wrbtrader> correction +2.50
[10:57:40] <wrbtrader> entry was incorrect
[10:59:07] <wrbtrader> Usually I hit the market heavy (aggressively) after a FOMC announcement
[10:59:31] <wrbtrader> So far today...just normal trading for me. In fact, I've lowered my overall position size
[10:59:43] <Tigerman______> exita all 1/3 @ 2593.25 +7tk
[11:06:07] <werner> Long Emini NQ @ 6549.50
[11:07:31] <werner> need 60
[11:10:49] <wrbtrader> volatility spike upwards
[11:11:36] <werner> Exited all Emini NQ Long @ 6560.00 --> + 10.5
[11:18:37] <Tigerman______> I exit her
[11:18:41] <Tigerman______> here
[11:18:51] <Tigerman______> take care all see next time
[11:22:15] <wrbtrader> Take care...bye
[11:22:49] <wrbtrader> Shorts Emini ES @ 2600.00 -> small size
[11:23:01] <wrbtrader> 3 contracts
[11:23:10] <wrbtrader> will be a tough trade
[11:24:02] <wrbtrader> Covered all Emini ES Short @ 2599.75 --> + 0.25
[11:24:44] <wrbtrader> Had I had a better entry on that Short...around 2601.50
[11:24:52] <wrbtrader> I would have stayed in the trade
[11:25:13] <wrbtrader> Yet, the poor entry took away my wiggle room to properly manage the trade the way I wanted
[11:40:57] <werner> crap here
[11:42:30] <werner> Shorts Emini NQ @ 6549.00
[11:42:53] <werner> need 43
[11:45:24] <werner> Covered all Emini NQ Short @ 6558.00 --> - 9
[11:45:29] <werner> pff
[11:47:16] <werner> Long Emini NQ @ 6560.75
[11:47:49] <werner> need 72
[11:48:33] <werner> Exited all Emini NQ Long @ 6572.00 --> + 11.25
[11:50:45] <werner> so fast nq
[11:51:23] <werner> its like russel at old times
[11:51:56] <werner> but less $$
[12:03:30] <wrbtrader> Long Emini ES @ 2607.00 -> small size
[12:03:32] <wrbtrader> 1 contract
[12:04:24] <werner> Shorts Emini NQ @ 6580.00
[12:07:27] <wrbtrader> Exited Emini ES Long @ 2609.50 --> + 2.5
[12:07:37] <wrbtrader> not a WRB pt1
[12:08:43] <werner> need 73
[12:13:47] <wrbtrader> Shorts Emini ES @ 2606.00 -> small size
[12:13:50] <wrbtrader> 1 contract
[12:14:47] <wrbtrader> Covered Emini ES Short @ 2607.25 --> - 1.25
[12:14:54] <wrbtrader>
[12:15:45] <werner> Covered all Emini NQ Short @ 6573.00 --> + 7
[12:15:50] <werner> late call
[12:19:33] <wrbtrader> Shorts Emini ES @ 2604.50 -> small size
[12:19:41] <wrbtrader> 3 contracts
[12:19:58] <werner> Shorts Emini NQ @ 6573.00
[12:20:08] <wrbtrader> looks like I got shaken out of that prior Short in a nasty way
[12:20:48] <werner> need 69.25
[12:20:58] <wrbtrader> Covered all Emini ES Short @ 2604.25 --> + 0.25
[12:21:06] <wrbtrader>
[12:21:31] <wrbtrader> exited via error in my stop placement again when I trailed it
[12:22:14] <werner> Covered all Emini NQ Short @ 6575.00 --> - 2
[12:22:35] <werner> Shorts Emini NQ @ 6573.50
[12:24:28] <werner> need 6568.50
[12:25:13] <werner> Covered all Emini NQ Short @ 6568.50 --> + 5
[12:27:33] <wrbtrader> Shorts Emini ES @ 2601.50 -> small size
[12:27:38] <wrbtrader> 1 contract
[12:29:55] <werner> i see low vola now .. 1/2/3 min
[12:30:13] <wrbtrader> Covered Emini ES Short @ 2601.25 --> + 0.25
[12:30:22] <wrbtrader> Yes...exactly
[12:30:39] <wrbtrader> and trading has become more difficult as that volatility decline
[12:30:49] <wrbtrader> I'm calling it quits here for the day
[12:30:54] <werner> yep
[12:30:55] <wrbtrader> Take care and see all tomorrow
[12:31:12] <werner> cya
[12:39:45] <werner> mist the long
[12:40:00] <werner> ...kids ...
[12:40:18] <werner> $$$
[13:29:04] <werner> Shorts Emini NQ @ 6629.00
[13:31:45] <werner> Covered all Emini NQ Short @ 6636.00 --> - 7
[13:31:55] <werner> Long Emini NQ @ 6636.00
[13:32:28] <werner> Exited all Emini NQ Long @ 6642.00 --> + 6
[13:33:36] <werner> Long Emini NQ @ 6642.00
[13:33:45] <werner> try to hold tis
[13:35:34] <werner> need 59
[13:38:16] <werner> Exited all Emini NQ Long @ 6659.00 --> + 17
[13:42:42] <werner> Shorts Emini NQ @ 6652.00
[13:43:00] <werner> need47
[13:43:18] <werner> 48
[13:45:05] <werner> Covered all Emini NQ Short @ 6648.00 --> + 4
[13:55:15] <werner> Long Emini NQ @ 6643.50
[13:55:36] <werner> need 50
[13:55:59] <werner> 49
[13:56:55] <werner> 47.50
[13:57:46] <werner> Exited all Emini NQ Long @ 6647.50 --> + 4
[14:13:23] <werner> Shorts Emini NQ @ 6637.50
[14:13:46] <werner> need 32
[14:15:29] <werner> Covered all Emini NQ Short @ 6641.00 --> - 3.5
[14:17:59] <werner> Shorts Emini NQ @ 6636.75
[14:19:52] <werner> need 31.50
[14:22:51] <werner> Covered all Emini NQ Short @ 6631.50 --> + 5.25
[14:29:18] <werner> Long Emini NQ @ 6633.50
[14:29:42] <werner> Exited all Emini NQ Long @ 6635.00 --> + 1.5
[14:29:53] <werner> counter
[14:31:20] <werner>
[14:31:45] <werner> no chase...grr
[14:43:57] <werner> Shorts Emini NQ @ 6662.00
[14:44:24] <werner> need 65.50
[14:44:49] <werner> grr
[14:45:53] <werner> Covered all Emini NQ Short @ 6558.00 --> + 104
[14:46:11] <werner> Covered all Emini NQ Short @ 6658.00 --> + 4
[14:47:08] <werner>
[14:54:34] <werner> Long Emini NQ @ 6647.00
[14:54:50] <werner> need 50
[14:55:24] <werner> Exited all Emini NQ Long @ 6650.00 --> + 3
[14:57:19] <werner> Shorts Emini NQ @ 6642.00
[14:57:44] <werner> Covered all Emini NQ Short @ 6636.00 --> + 6
[15:02:39] <werner> Long Emini NQ @ 6649.00
[15:02:54] <werner> Exited all Emini NQ Long @ 6655.00 --> + 6
[15:04:00] <werner> counter tarde
[15:04:23] <werner> trade
[15:08:05] <werner> Long Emini NQ @ 6653.00
[15:08:15] <werner> need 60
[15:08:52] <werner> 59
[15:10:01] <werner> Exited all Emini NQ Long @ 6646.00 --> - 7
[15:22:01] <werner> wow here road here audi r8
[15:22:40] <werner> thats a beast
[15:26:46] <werner> Long Emini NQ @ 6654.00
[15:27:10] <werner> need 63
[15:27:32] <werner> 62
[15:30:30] <werner> Exited all Emini NQ Long @ 6662.00 --> + 8
[15:41:40] <werner> Shorts Emini NQ @ 6646.00
[15:42:07] <werner> need43
[15:42:16] <werner> grr
[15:42:45] <werner> need 47
[15:43:21] <werner> Covered all Emini NQ Short @ 6647.00 --> - 1
[15:44:25] <werner> lot of sup down here at nq
[15:44:49] <werner> 1 min
[15:45:33] <werner> and bad vola
[15:45:39] <werner> 1/2 min
[15:45:47] <werner> 3 also
[15:49:04] <werner> Shorts Emini NQ @ 6643.50
[15:49:16] <werner> need 36.50
[15:49:47] <werner> 38.00
[15:50:21] <werner>
[15:50:47] <werner> Covered all Emini NQ Short @ 6641.00 --> + 2.5
[15:51:19] <werner> .25 no fill
[15:52:42] <werner> Shorts Emini NQ @ 6642.00
[15:52:58] <werner> need 36.50
[15:53:30] <werner> mm early
[15:56:12] <werner> Covered all Emini NQ Short @ 6636.50 --> + 5.5
[15:57:25] <werner> done ...gn all
* Disconnected
-------------------------
##TheStrategyLab (located on the Freenode IRC network) is
free and is a serious professional trading chat room involving
WRB Analysis in which any trader
(position trading, swing trading, day trading) can use the chat room to post their trades or commentaries about stocks, futures, exchange traded funds or forex currencies. Simply, you don't need to be a client of TheStrategyLab.com to use the free chat room nor do you need to be a
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Therefore, we welcome
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The purpose of ##TheStrategyLab is that it's designed to be a
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Quote:
The free chat room is not a signal calling trading room and we do not believe in the business model of a head trader telling other traders when to buy and sell. Its a flawed approach to trading and its a flawed substitution for mentoring in which a trader can not learn how to be a successful independent trader.
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.
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Commonly discussed trading instruments from stocks, futures, exchange traded funds and forex currencies:
CME Emini Futures EMD, ES and NQ
CME Emini RTY Futures (formerly ICE TF)
CBOT mini-sized Dow Futures YM
Eurex Index Derivatives (futures) DAX and DJ Euro Stoxx50
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S&P CNX NIFTY Futures
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Reminder, our
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Disclaimer: Today's trading performance is
not an indication of my future performance and
not an indication of the future performance for any trader that decides to learn/apply
WRB Analysis. The risk of loss can be substantial. Therefore, you must carefully consider if trading is suitable for you within the context of your financial condition. TheStrategyLab.com is an education and research site. The resources on this site are provided for informational purposes only and should
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disclaimer statement @ http://www.thestrategylab.com/Disclaimer.htmRebuttal to Mr. Emmett Moore via TheStrategyLab.com Review
@ http://www.thestrategylab.com/tsl/forum/viewtopic.php?f=84&t=3167 The Strategy Lab: Valforex - The Manipulative Review Scam
@ http://www.thestrategylab.com/tsl/forum/viewtopic.php?f=84&t=3676TheStrategyLab Review
@ http://www.thestrategylab.com/thestrategylab-reviews.htm Note: chat logs saved (timestamp) from Québec, Canada in eastern daylight time Best Regards,
M.A. Perry
Trader and Founder of
WRB Analysis (wide range body/wide range bar analysis)
a.k.a. wrbtrader (more info about me):
http://www.thestrategylab.com/wrbtrader.htmTheStrategyLab Price Action Trading
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