##TheStrategyLab Price Action Chat Room Logs

##TheStrategyLab (located on the Freenode IRC network) is free along with being a serious professional trading chat room for traders using WRB Analysis (e.g. Contracting Volatility, WRB, WRB Hidden GAP, WRB Zone) by itself or merged with other trade methods to improve the performance of those other trade methods regardless if you're a position trader, swing trader or day trader. Therefore, you're welcome to use the chat room to ask questions about WRB Analysis, post real-time price action analysis involving WRB Analysis merged with your own trade methods, post real-time trades or talk about general market issues impacting today's price action involving stocks, futures, exchange traded funds or forex currencies. In addition, we welcome all traders (beginners, experience, part-time, full-time) that are merging WRB Analysis with their trade methods or using WRB Analysis to help develop a better understanding of the price action (market context) they're trading...improving their position size management and trade management after entry.

##TheStrategyLab is primarily designed to be a trade journal for documentation purposes only so that members can have a real time stamp archive of their trades and their market commentaries of each trading day...giving them a better understanding of their broker statements from one trade to the next trade when they review their performance numbers on any given trading day in the past. Therefore, if you use our chat room...its highly recommended you post messages that reflect what you see in the price action on your monitors. Your diary (journal).

Also, if you want ##TheStrategyLab chat room to be educational for you...please ask questions instead of lurking (not participating in conversations).


With that said, thanks for reading the trades, price action analysis 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 market context information that's critical to understanding the price action you're trading. To log into ##TheStrategyLab chat room that's located on the Freenode IRC network...please follow the instructions here at the FTCHAT Support Forum @ http://www.thestrategylab.com/ftchat/forum/viewforum.php?f=5 or via the the instructions from the TSL Support Forum @ http://www.thestrategylab.com/tsl/forum/viewforum.php?f=164

Note: ##TheStrategyLab chat room is now located on the Freenode IRC network after moving from the Othernet IRC network.


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

Session Start: Thu Feb 21 09:26:07 2013
Session Ident: ##TheStrategyLab
[09:26:07] * Now talking in ##TheStrategyLab
[09:26:07] * Topic is 'Chat room only for traders using WRB Analysis (WRBs, WRB Hidden GAPs, WRB Zones) for day trading, swing trading or position trading. | WRB Analysis free study guide @ http://www.thestrategylab.com/tsl/forum ... 119&t=718'
[09:26:07] * Set by wrbtrader on Tue Feb 05 08:11:19
[09:26:07] ##TheStrategyLab url is http://www.thestrategylab.com/tsl/forum/
[09:33:46] <wave1> S 1503 es
[09:34:10] <Trendtrader> all
[09:34:34] <wave1> tt
[09:34:35] <TigermanTrader> all
[09:35:35] <Trendtrader> Long Emini TF @ 911
[09:35:36] <Trendtrader> x2
[09:37:27] <TigermanTrader> short iwm @ 90.60
[09:37:31] <TigermanTrader> late entry
[09:38:18] <wave1> out +1 es
[09:38:39] <Trendtrader> Exited all Emini TF Long @ 909.9 --> - 1.1
[09:40:13] <TigermanTrader> exit iwm long @ 90.53 +0.07
[09:40:50] <TigermanTrader> curiously iwm move delayed vd TF in last retrace
[09:41:43] <TigermanTrader> regarless pressure is still on sell side in e-minis
[09:45:50] <TigermanTrader> short iwm @ 90.65
[09:45:57] <TigermanTrader> volatility increase
[09:46:04] <TigermanTrader> 15 min to news
[09:46:44] <TigermanTrader> iwm is still delayed vs tf
[09:46:59] <TigermanTrader> now regain sync
[09:54:25] <@wrbtrader> So far just trend continuation from yesterday in the Emini futures and Eurex futures
[09:54:50] <Bambam-77> oil same
[09:55:18] <TigermanTrader> exit iwm long @ 90.25 +0.4
[09:55:55] <TigermanTrader> I hang on till now not easy stay longer x me
[09:56:08] <Zr1trader__> GC vol spike
[09:56:42] <TigermanTrader> many times was tempted to exit but was a lot of sell pressure
[09:58:30] <@wrbtrader> Key Market Events @ 1000am, 1030am, 1100am and 1230pm est
[10:00:07] <TigermanTrader> short iwm @ 90.22
[10:02:36] <TigermanTrader> exit iwm short @ 90.16 +0.06
[10:03:38] <TigermanTrader> fed index not so good
[10:13:40] <wave1> missed eur S
[10:16:26] <Bambam-77> watching cl for support at 84
Session Close: Thu Feb 21 10:18:01 2013

Session Start: Thu Feb 21 10:18:23 2013
Session Ident: ##TheStrategyLab
[10:18:23] * Now talking in ##TheStrategyLab
[10:18:23] * Topic is 'Chat room only for traders using WRB Analysis (WRBs, WRB Hidden GAPs, WRB Zones) for day trading, swing trading or position trading. | WRB Analysis free study guide @ http://www.thestrategylab.com/tsl/forum ... 119&t=718'
[10:18:23] * Set by wrbtrader on Tue Feb 05 08:11:19
[10:18:23] -ChanServ- [##TheStrategyLab] Chat room for day traders, swing traders, position traders using concepts from WRB Analysis to help improve the performance of their trade signal strategies. WRB Analysis free study guide @ http://www.thestrategylab.com/tsl/forum ... =119&t=718
[10:18:23] ##TheStrategyLab url is http://www.thestrategylab.com/tsl/forum/
[10:22:18] <Bambam-77> longs working above support
[10:23:14] <@wrbtrader> Long Emini TF @ 910.00 -> medium size
[10:23:19] <@wrbtrader> 2+2
[10:26:05] <@wrbtrader> Exited all Emini TF Long @ 911.10 --> + 1.1
[10:26:24] <@wrbtrader> early exit
[10:27:03] <@wrbtrader> I exited above the S area of the WRB Hidden GAP @ 0944am - 0946am est
[10:27:20] <Bambam-77> due for a retrc
[10:30:22] <Bambam-77> pos trgt 910.2
[10:36:45] <@wrbtrader> Shorts Emini TF @ 910.60 -> small size
[10:36:52] <@wrbtrader> 3 contracts
[10:36:58] <@wrbtrader> 2+1
[10:38:42] <@wrbtrader> Covered all Emini TF Short @ 910.30 --> + 0.3
[10:38:54] <@wrbtrader> sidelined
[10:39:51] <@wrbtrader> price action became confusing after entry
[10:39:58] <@wrbtrader> will just watch awhile
[10:43:07] <Bambam-77> 910.2 b on stp 4tic stp
[10:45:08] <Bambam-77> +10
[10:46:04] <Bambam-77> b/e + stp on lot 2 910.3
[10:48:09] <Zr1trader__> Long TF 910.9.... 1 contract
[10:50:24] <Bambam-77> flat
[10:51:19] <Zr1trader__> Exit all 909.6 -13 ticks
[10:55:15] <Bambam-77> 909.2 is pos long
[10:55:59] <Bambam-77> in at 9.5
[10:56:16] <Bambam-77> 1 stp
[11:02:40] <Bambam-77> flat -4t
[11:09:29] <Bambam-77> market has flat lined where is the mojo
[12:14:57] <Bambam-77> Shorts CL @ 90 «« paper »»
[12:15:16] <Bambam-77> Covered all CL Short @ 89 --> + 1 «« paper »»
[12:19:38] <TigermanTrader> short 89.82
[12:19:45] <TigermanTrader> iwm short
[12:20:08] <TigermanTrader> late entry but sell pressure
[12:21:38] <TigermanTrader> exit iwm short @ 89.78
[12:21:51] <TigermanTrader> +.004
[12:26:27] <TigermanTrader> volatility in great momentum since yesterday low
[13:23:14] <Zr1trader__> Long 2 es 1499.25
[14:04:03] <Zr1trader__> Exit ES all 1496.75 - 10 ticks
[14:27:38] <@wrbtrader> Creeper Down Movement still active in the Emini futures
[14:29:56] <@wrbtrader> Creeper Down Movement still active in Gold GC futures and Silver SI futures
[14:38:38] <@wrbtrader> Emini TF futures volatility contraction
[14:50:13] <@wrbtrader> Shorts Emini TF @ 900.00 -> small size
[14:50:22] <@wrbtrader> 1 contract
[14:50:27] <@wrbtrader> tough price area
[14:53:43] <@wrbtrader> WRB pt1 (shallow) reached
[14:53:46] <@wrbtrader>
[14:54:07] <@wrbtrader> volatility too tight to give that a decent WRB pt1
[14:54:46] <@wrbtrader> Covered Emini TF Short @ 900.20 --> - 0.2
[14:57:45] <@wrbtrader> Creeper Up Movement in Emini futures
[14:58:09] <@wrbtrader> increasing volatility too
[15:27:59] <@wrbtrader> I got too many distractions (family stuff) this afternoon...
[15:28:05] <@wrbtrader> Take care all and see all tomorrow
[15:33:38] <Bambam-77> you to
[15:33:43] <Bambam-77> see ya
[16:14:28] <TigermanTrader> Take care all and see all tomorrow good evening
[16:17:53] * MattR_ is now known as MattR_away
Session Close: Thu Feb 21 18:56:26 2013

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

##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 chat room nor do you need to be a price action only trader (no indicators) because some members use indicators while others do not. Yet, the only requirement is that you want to learn WRB Analysis.

Therefore, we welcome all traders that want to learn about WRB Analysis regardless if they are beginners or experience

The purpose of ##TheStrategyLab 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 stocks, 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 Gbp/Usd, Eur/Usd, Eur/Yen and Usd/Cad

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 ##WRB_Analysis and they're not allowed to do such in ##TheStrategyLab.

Reminder, our Terms of Use (TOU) Policy is a must read to prevent any misunderstandings along with revealing that ##TheStrategyLab 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: 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)
Price Action Trading
@ http://twitter.com/wrbtrader or http://stocktwits.com/wrbtrader

Phone: +1 708 572-4885
Business Hours: 8am - 5pm est (Mon - Fri)
Skype Messenger: kebec2002
intradaystrategies@yahoo.com
questions@thestrategylab.com
Go Back To TheStrategyLab.com Homepage