##TheStrategyLab Price Action Chat Room Logs

Price Action Trading (no technical indicators)
Phone: +1 708 572-4885
Free Trading Room: http://www.thestrategylab.com/ftchat/forum/viewforum.php?f=5
Business Hours: 8am - 5pm est (Mon - Fri)
questions@thestrategylab.com (24/7)
http://twitter.com/wrbtrader (24/7)

##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, WRB profit targets, Key Market Events) 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 trading 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.

##TheStrategyLab is primarily designed to only be a trade journal for documentation purposes 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 so that the chat room becomes your diary (journal) to correlate with trades on your broker statements.

Also, if you want ##TheStrategyLab chat room to be educational for you, ask questions instead of lurking (not participating in conversations). You can talk about anything related to price action analysis, trade execution, financial markets, economies or news impacting the markets in general.


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 price action 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


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

Note: Trader conversations below may represent different chat rooms (e.g. ##TheStrategyLab, ##WRB_Analysis, ##VolatilityTradingTSL or private messages) that have been merged together at the end of the trading day.

Session Start: Tue Feb 04 08:02:32 2014
Session Ident: ##TheStrategyLab
[08:02:32] * Now talking in ##TheStrategyLab
[08:02:32] * 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'
[08:02:32] * Set by wrbtrader on Tue Feb 05 08:11:19
[08:02:32] ##TheStrategyLab url is http://www.thestrategylab.com/tsl/forum/
[09:18:19] <Titus9631> test
[09:20:49] <TigermanTrader> all
[09:21:14] <TigermanTrader> today again issue on node server
[09:21:27] <TigermanTrader> rechange a new one today
[09:26:03] <robbin_banks> g all
[09:26:11] <robbin_banks> all
[09:27:05] <Titus9631>
[09:30:11] <TigermanTrader> I expect a gap up today
[09:33:06] <TigermanTrader> ok gap up confermed now let see if continue his run or reverse
[09:39:25] <TigermanTrader> sh iwm 108.83
[09:39:52] <TigermanTrader> exit iwm 108.80 +3 tk
[09:43:27] <TigermanTrader> sh iwm 108.69
[09:43:42] <TigermanTrader> exit iwm 108.63 +6tk
[09:43:54] <TigermanTrader> miss a fill at 108.73
[09:44:42] <TigermanTrader> wow and exited too early need to save remainder for a bigger target
[09:45:02] <TigermanTrader> iwm under yesterday close
[09:50:26] <TigermanTrader> lg iwm 8.88
[09:50:51] <TigermanTrader> correction 8.83
[09:51:03] <TigermanTrader> exit 8.88 +5tk
[09:51:16] <TigermanTrader> look for support here
[09:54:12] <TigermanTrader> lg wm 109.95
[09:54:43] <TigermanTrader> exit iwm 108.98 +3tk
[09:55:00] <TigermanTrader> some difficult on manage my platform
[09:55:13] <TigermanTrader> exit too early when I want stay longer
[09:55:18] <TigermanTrader> action fast
[09:55:48] <TigermanTrader> but I find the right direction = up
[09:58:38] <TigermanTrader> news in minutes
[10:08:00] <@wrbtrader> WRB Analysis -> - Your use of this chat room implies you're using concepts from WRB Analysis for price action trading to help trade either Stocks, Emini Futures (EMD, TF, ES, NQ, YM), EuroFX 6E Futures, Eurex/Euronext Futures (DAX, ESTX50, FTSE100, CAC40, BUND), Treasury Futures (ZF, ZN, ZB), Oil Futures (Brent, CL, HO, QM), Gold GC Futures, Natural Gas NG Futures, Exchange Traded Funds (DIA, GLD, IWM, OIH, XLE, QQQ, SPY), Hang Seng HSI Futures, NIFTY Futures, Forex Currencies (GbpUsd, EurUsd, EurYen, UsdCad) and other key market price actions.
[10:15:22] <TigermanTrader> price in range now
[10:34:32] <@wrbtrader> ##TheStrategyLab Purpose -> -This chat room is for YOU to use as a daily journal of your thoughts or trades involving any key concept from the WRB Analysis free study guide. If you're in here and NOT talking about WRBs, WRB Hidden GAPs, key market events, swing point price actions, strong continuation price actions, WRB Zones...you are not properly using this chat room.
[10:34:46] <TigermanTrader> still tight range
[10:45:24] <@wrbtrader> Crude Oil CL futures dropped below the R area of the WRB Hidden GAP of 1024am - 1026am est (2min chart)
[10:59:36] <TigermanTrader> sh iwm 109.11 small
[11:00:07] <TigermanTrader> ex half iwm 109.01
[11:01:42] <TigermanTrader> exit reaminder wm 109.5
[11:02:22] <TigermanTrader> up spike now in iwm
[11:03:33] <t4npaper> getting some WRBs forming
[11:03:49] <t4npaper> expanding vol
[11:08:56] <TigermanTrader> price is still in the open range
[11:15:26] <robbin_banks> long es 3 contracts @1747.25
[11:16:06] <craigaudio> dcm on ES?
[11:16:17] <craigaudio> 3min
[11:16:36] <craigaudio> 11:03 cndle WRB
[11:18:10] <robbin_banks> covered es long @1746.50 -.75
[11:23:31] <robbin_banks> long es @1745.25
[11:23:46] <robbin_banks> 3 contracts
[11:25:07] <robbin_banks> cover es long @1746.25 +1.0
[11:55:07] <robbin_banks> long es 1748.75 3 contracts
[11:57:30] <robbin_banks> cover es long @1749.75 +1.0
[11:59:28] <robbin_banks> shouldve held it a bit longer...really busy at work today so im in and out..
[11:59:29] <@wrbtrader> S&P 500 Rebounds as Treasuries Fall, Natural Gas Rallies (bloomberg) @ http://www.bloomberg.com/news/2014-02-0 ... -gain.html
[12:00:32] <t4npaper> slow crawl higher
[12:00:50] <robbin_banks> geezz
[12:01:18] <TigermanTrader> yeah
[12:03:25] <robbin_banks> i finally get a good entry ..then get scarced...man
[12:12:42] <robbin_banks> the hardest pert about a day like today is waiting for a good set up
[12:16:09] <robbin_banks> lets see if price will retreat to that es 1min HG and give a signal
[12:17:25] <robbin_banks> sh es 2 contracts @1750.00
[12:17:35] <robbin_banks> tight stop
[12:19:34] <robbin_banks> covered es sh @1749.00 +1.0
[12:19:59] <robbin_banks> guess im just gonna nickle and dime it all day
[12:33:11] <TigermanTrader> take care all see next time
[13:39:40] <robbin_banks> long es @1749.75
[13:39:56] <robbin_banks> 2 contracts ...intution
[13:40:09] <robbin_banks> intuition trade
[13:44:11] <robbin_banks> cover es long @1750.75
[13:44:18] <robbin_banks> +1.0.
[13:44:48] <robbin_banks> this isnt even worth mesing with really
[13:45:02] <robbin_banks> messing ..not mesing
[13:53:11] <robbin_banks> price down into 4 min es zone
[13:54:22] <robbin_banks> 3 min as well
[14:07:26] <robbin_banks> short es 2 contracts @1746.25
[14:22:45] <robbin_banks> cover es sh @1748.25
[14:22:51] <robbin_banks> -2.0
[14:26:15] <robbin_banks> sh es @17450.0
[14:26:20] <robbin_banks> 3 contracts
[14:31:08] <robbin_banks> correction 17447.50
[14:33:30] <robbin_banks> correction 1748.50 was entry ..sorry
[14:41:52] <robbin_banks> covered all es sh 49.50
[14:41:57] <robbin_banks> -1.0
[14:42:39] <robbin_banks> thats enough for me today..see ya tomarrow
[14:43:03] <@wrbtrader> WRB Analysis -> - Chat room for day traders, swing traders, position traders using concepts from WRB Analysis such as contracting volatility, key market event (KME), reaction high/low, WRB, WRB Hidden GAP, WRB Zone, WRB pt levels to help improve understanding of the price action their trading and/or improve the performance of their trade signal strategies while price action trading. WRB Analysis free study guide @ http://www.thestrategylab.com/tsl/forum ... =119&t=718 or http://www.twileshare.com/user/wrbtrader
[15:05:16] <@wrbtrader> Emini TF futures struggling to stay above the reaction low of 1321pm - 1324pm est (3min chart)
[15:28:41] <t4npaper> Expanding vol
[15:31:55] <@wrbtrader> Emini ES futures volatility spike has taken ES down to the reaction low of 1400pm est
[15:54:36] <@wrbtrader> Emini ES futures trying hard to move higher in the 4pm est rush hour traffic...
[15:54:51] <@wrbtrader> In contrast, oddly, Emini TF futures is sluggish
[15:55:01] <@wrbtrader> Usually its the other way around between those two
[15:59:53] <@wrbtrader> So far just volatility contraction into the 4pm est rush hour traffic
[16:00:27] <t4npaper> nq picking up after the close
[16:00:57] <@wrbtrader> Take care all and see all tomorrow
Session Close: Tue Feb 04 18:02:10 2014

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

##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 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 traders in price action trading.

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 price action 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
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