##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. Also, if you're looking for real-time education in the chat room involving price action only trading (profitably trading without indicators)...you need to contact us to schedule price action only trading real-time discussions. We'll then have one on one (private) real-time price action only trading discussions with you while you're using #FuturesTrades real-time chat room to prevent distractions in the chat room with other members that are using different trading methods in comparison to us. However, you must first download and learn our free study guide at a different forum @ TSL Support Forum * http://www.thestrategylab.com/tsl/forum/viewtopic.php?f=5&t=180

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 Nov 03 09:18:22 2011
Session Ident: #FuturesTrades
[09:18:22] * Now talking in #FuturesTrades
[09:18:22] <@X> [NihabaAshi] chat room archives @ viewforum.php?f=20
[09:19:37] <wave1> N
[09:20:25] <Trendtrader> all
[09:21:17] <+wave1> atleast the feed is better today
[09:29:25] <drt> all
[09:29:44] <Tigerman> GM all
[09:31:00] <+Trendtrader> Shorts Emini TF @ 739.7 «« simulator »»
[09:34:42] <@wrbtrader> Big overnight or early morning price movement due to the ECB rate cuts
[09:34:44] <+Tigerman> Shorts TF @ 739.5 «« simulator »»
[09:35:06] <+wave1> L around 1243 area
[09:35:11] <+Trendtrader> Covered 3/4 Emini TF Short @ 738.4 --> + 1.3 «« simulator »»
[09:35:14] <+wave1> if gets there
[09:35:55] <+Tigerman> Covered 1/2 TF Short @ 737.7 --> + 1.8 «« simulator »»
[09:37:42] <+Tigerman> Covered Remainder TF Short @ 737.2 --> + 2.3 «« simulator »»
[09:37:46] <+wave1> eveb es jerky
[09:40:22] <+Tigerman> look x rebound here
[09:40:29] <+wave1> L 46 es
[09:41:11] <+Tigerman> hot here
[09:41:13] <+wave1> geez out -1 t
[09:41:58] <+Tigerman> Shorts TF @ 736.4 «« simulator »»
[09:42:48] <+Tigerman> Covered 1/2 TF Short @ 736.2 --> + 0.2 «« simulator »»
[09:43:25] <+Trendtrader> Covered Remainder Emini TF Short @ 737.7 --> + 2 «« simulator »»
[09:45:15] <+Tigerman> Covered Remainder TF Short @ 734.5 --> + 1.9 «« simulator »»
[09:48:28] <@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
[09:48:58] <@wrbtrader> support failure into a key price zone
[09:49:02] <+wave1> hmm 1243 not holding either
[09:49:15] <+Tigerman> Shorts TF @ 733.5 «« simulator »»
[09:50:24] <+wave1> S 1242
[09:50:31] <+Tigerman> Covered 1/2 TF Short @ 732 --> + 1.5 «« simulator »»
[09:50:46] <+Tigerman> wowh big sell off
[09:50:58] <+wave1> wow gap fill?
[09:51:39] <+Tigerman> Covered Remainder TF Short @ 730.9 --> + 2.6 «« simulator »»
[09:51:47] <+wave1> out 39
[09:53:15] <+Tigerman> Long TF @ 732 «« simulator »»
[09:53:24] <+wave1> for once got more than 1 pt
[09:53:28] <+Tigerman> hope x a rebound here
[09:54:01] <+Tigerman> Exited 1/2 TF Long @ 731.7 --> - 0.3 «« simulator »»
[09:54:23] <+Tigerman> Exited Remainder TF Long @ 731.4 --> - 0.6 «« simulator »»
[09:55:35] <+Tigerman> Shorts TF @ 730 «« simulator »»
[09:56:04] <+Tigerman> Covered 1/2 TF Short @ 728.7 --> + 1.3 «« simulator »»
[09:56:49] <+wave1> that 1243 was pivot should have seen S there
[09:56:58] <+Tigerman> Covered Remainder TF Short @ 729.8 --> + 0.2 «« simulator »»
[09:57:21] <+Tigerman> was better if exited all at first out..
[09:58:11] <+Tigerman> critical level here ..
[09:59:00] <+Tigerman> Long TF @ 730.3 «« simulator »»
[09:59:12] <+wave1> nq fills gap almost
[09:59:17] <+Tigerman> Exited 1/2 TF Long @ 730.7 --> + 0.4 «« simulator »»
[09:59:41] <+Tigerman> Exited Remainder TF Long @ 730.3 --> 0 «« simulator »»
[09:59:42] <+Tigerman>
[10:00:51] <+Tigerman> Shorts TF @ 728.1 «« simulator »»
[10:01:08] <+wave1> S the pop doubt anyone going to buy
[10:01:24] <+Tigerman> Covered 1/2 TF Short @ 726.1 --> + 2 «« simulator »»
[10:02:12] <+Tigerman> fast action..!!!
[10:02:24] <+wave1> S 36 es
[10:02:58] <@wrbtrader> Shorts Emini TF @ 725.80 -> medium size
[10:03:08] <@wrbtrader> 3+1
[10:03:15] <+wave1> out 33
[10:03:47] <@wrbtrader> I missed to first support failure at the top of the zone...
[10:04:02] <@wrbtrader> was not going to miss the support failure at the bottom of the zone
[10:05:04] <+Tigerman> everybody is selling..!!!!!!!!
[10:05:05] <@wrbtrader> Covered all Emini TF Short @ 722.70 --> + 3.1
[10:05:11] <@wrbtrader> Yep
[10:05:41] <+Tigerman> Covered Remainder TF Short @ 723 --> + 5.1 «« simulator »»
[10:06:18] <+Tigerman> one of my best trade to date
[10:06:48] <+Tigerman> but from macro economy this sell of is not a good sign...
[10:07:11] <+Tigerman> what is the detonator of this sell off?
[10:07:19] <+Tigerman> greek news?
[10:07:26] <+wave1> looks like
[10:09:32] <+Tigerman> Long TF @ 726.3 «« simulator »»
[10:10:18] <+Tigerman> Exited 1/2 TF Long @ 727.2 --> + 0.9 «« simulator »»
[10:11:24] <+Tigerman> Exited Remainder TF Long @ 726.6 --> + 0.3 «« simulator »»
[10:11:33] <+Tigerman> not sure can continue..
[10:11:45] <+Tigerman> oop
[10:11:57] <+Tigerman> Exited Remainder TF Long @ 727.6 --> + 1.3 «« simulator »»
[10:12:09] <+Tigerman> that was the right exit
[10:18:08] <+Tigerman> Shorts TF @ 729.7 «« simulator »»
[10:18:29] <+Tigerman> Covered 1/2 TF Short @ 729.4 --> + 0.3 «« simulator »»
[10:19:10] <+Tigerman> Covered Remainder TF Short @ 729.6 --> + 0.1 «« simulator »»
[10:23:35] <+Tigerman> Shorts TF @ 728 «« simulator »»
[10:23:51] <+Tigerman> same trade as before
[10:24:16] <+Tigerman> Covered 1/2 TF Short @ 727.3 --> + 0.7 «« simulator »»
[10:25:53] <+Tigerman> Covered Remainder TF Short @ 727.4 --> + 0.6 «« simulator »»
[10:31:45] <@wrbtrader> Long Emini TF @ 731.00 -> small size
[10:31:50] <@wrbtrader> 2 contracts
[10:32:06] <@wrbtrader> creeper up movement
[10:33:10] <@wrbtrader> Exited all Emini TF Long @ 730.80 --> - 0.2
[10:33:27] <@wrbtrader> Long Emini TF @ 730.80 -> small size
[10:33:33] <@wrbtrader> 2+1
[10:34:57] <@wrbtrader> Exited all Emini TF Long @ 730.50 --> - 0.3
[10:37:29] <@wrbtrader> Long Emini TF @ 730.00 -> small size
[10:37:33] <@wrbtrader> 2+1
[10:37:41] <@wrbtrader> re-entry into the same price action
[10:38:26] <+Tigerman> long upper shadow on NQ be carefull..
[10:38:37] <@wrbtrader> Exited all Emini TF Long @ 728.90 --> - 1.1
[10:38:41] <+Tigerman> choppy action
[10:39:06] <@wrbtrader> a few more ticks lower it'll be a support failure
[10:39:40] <+wave1> yup choppy even es
[10:40:22] <@wrbtrader> Long Emini TF @ 730.30 -> medium size
[10:40:29] <@wrbtrader> 2+2
[10:40:46] <@wrbtrader> re-entry into the same price action
[10:41:07] <@wrbtrader> WRB pt1 reached
[10:41:18] <@wrbtrader> will hold because of the size of the loss in the prior trade
[10:41:20] <+wave1> wd
[10:41:29] <@wrbtrader> Thus, will go for a WRB pt2
[10:41:52] <+Tigerman> good wrbtrader also seems vola is expanding now
[10:42:20] <@wrbtrader> WRB pt2 reached
[10:43:16] <+Tigerman> big volume on this move
[10:43:35] <@wrbtrader> Exited all Emini TF Long @ 735.80 --> + 5.5
[10:43:53] <+Tigerman> great well done
[10:44:00] <@wrbtrader> glad on didn't quit after those "consecutive losses"
[10:44:36] <@wrbtrader> Got a little when I let a -0.4 trade turn into a -1.1 trade
[10:44:38] <+Tigerman> yep on my side after some loss go demoralized quickly..
[10:45:02] <+wave1> yup ..big issue with me
[10:45:39] <+Tigerman> times ago try to fix rise number of contracts I let you guess the outcome....
[10:47:51] <+Tigerman> price near the open
[10:48:07] <+Tigerman> for TF
[10:49:50] <+Tigerman> Shorts TF @ 736.2 «« simulator »»
[10:50:25] <+Tigerman> too analisys good entry have to be some ticks above that..
[10:50:46] <+Tigerman> Covered 1/2 TF Short @ 735.5 --> + 0.7 «« simulator »»
[10:53:04] <+Tigerman> Covered Remainder TF Short @ 734.5 --> + 1.7 «« simulator »»
[11:16:13] <+wave1> creeping up
[11:18:28] <@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
[11:44:47] <T4n_paper> Shorts TF @ 737.9 -> medium size «« simulator »»
[11:46:05] <+T4n_paper> Covered TF Short @ 738.1 --> - 0.2 «« simulator »»
[11:57:44] <+Tigerman> Shorts TF @ 738.6 «« simulator »»
[11:57:50] <+Tigerman> intuition
[11:58:08] <+Tigerman> Covered 1/2 TF Short @ 738.3 --> + 0.3 «« simulator »»
[12:00:24] <+Tigerman> Covered Remainder TF Short @ 736.5 --> + 2.1 «« simulator »»
[12:45:29] <@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
[14:15:29] <@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
[14:33:28] <@wrbtrader> Long Emini TF @ 746.50 -> small size
[14:33:35] <@wrbtrader> 2 contracts
[14:38:20] <@wrbtrader> Exited all Emini TF Long @ 745.90 --> - 0.6
[14:38:42] <@wrbtrader> strange price action snap back
[14:38:55] <@wrbtrader> Long Emini TF @ 746.30 -> small size
[14:39:01] <@wrbtrader> 2 contracts
[14:39:25] <@wrbtrader> I've learn a lot about these "re-entry opportunities" after those types of pick pocketing...
[14:39:33] <@wrbtrader> Don't Quit
[14:42:03] <@wrbtrader> Exited all Emini TF Long @ 746.20 --> - 0.1
[14:43:16] <@wrbtrader> Oil just got weaker...need to hold off on the Longs right now until it shows a little strength
[14:48:20] <@wrbtrader> support failure in OIH oil
[14:49:42] <@wrbtrader> Shorts Emini TF @ 744.20 -> small size
[14:49:47] <@wrbtrader> 3 contracts
[14:49:58] <@wrbtrader> support failure in Emini TF
[14:50:14] <@wrbtrader> 3 contracts
[14:51:32] <@wrbtrader> Shorts Emini TF @ 744.40 -> Add
[14:51:38] <@wrbtrader> 3 added
[14:54:47] <@wrbtrader> support trying to develop
[14:56:39] <@wrbtrader> Covered all Emini TF Short @ 745.10 --> - 1.6
[14:58:46] <@wrbtrader> Long Emini TF @ 745.30 -> large size
[14:58:51] <@wrbtrader> 3+3
[15:01:02] <@wrbtrader> WRB pt1 reached
[15:02:27] <@wrbtrader> Exited 1/2 Emini TF Long @ 747.70 --> + 2.4
[15:03:04] <@wrbtrader> Exited Remainder Emini TF Long @ 747.30 --> + 2
[15:06:34] <@wrbtrader> volatility spike and a WRB Hidden GAP @ 1500pm est
[15:07:12] <@wrbtrader> watching closely for a creeper up movement
[15:09:34] <@wrbtrader> Long Emini TF @ 747.70 -> small size
[15:09:39] <@wrbtrader> 3 contracts
[15:13:42] <@wrbtrader> Exited all Emini TF Long @ 748.00 --> + 0.3
[15:15:19] <@wrbtrader> Long Emini TF @ 748.00 -> small size
[15:15:27] <@wrbtrader> 2 contracts
[15:16:17] <@wrbtrader> choppy...not sure why
[15:20:32] <@wrbtrader> Exited all Emini TF Long @ 748.20 --> + 0.2
[15:20:48] <@wrbtrader> Houdini escape
[15:25:38] <@wrbtrader> tough creeper price action to trade when that strange spiky price action showed up around 3:15pm est
[15:34:00] * T4n_paper is now known as t4n_away
[15:45:30] <@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 Nov 03 17:09:28 2011

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

#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, QQQQ, 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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