Price Action Trading (no technical indicators)
Phone: +1 708 572-4885
Free Chat Room:
http://www.thestrategylab.com/tsl/forum/viewforum.php?f=164Business Hours: 8am - 5pm est (Mon - Fri)
wrbanalysis@gmail.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, WRBs, WRB Hidden GAPs, WRB Zone, WRB/WRB Hidden GAP profit targets, Key Market Events, Reaction Highs/Lows, Expanding Volatility, WRB Zone, R area of WRB Zone, S area of 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 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 chat room is is primarily designed for you to use as a
trade journal of your WRB Analysis or real-time trades with time stamp archive....giving you a better understanding of your broker statements from one trade to the next trade when you review your 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 to correlate with your broker statements. Therefore, the usefulness of ##TheStrategyLab chat room is determined via
your participation in the chat room.
Also, ##TheStrategyLab chat room is
not designed to be
educational. Simply, members using the chat room are
not there to teach you how to trade and you will
not see me discussing the reasons (strategies) behind my trades within ##TheStrategyLab chat room because those reasons (strategies) are
only discussed with fee-base clients in a different chat room. Yet, if you want ##TheStrategyLab chat room to be educational or more active in discussing whatever it is that you're trading, we highly recommend that you ask trading related questions about your own trading instead of lurking (not saying anything) because your primary purpose is to improve your trading if you're a struggling trader. Therefore, don't join ##TheStrategyLab and then be
silent. To be silent while using ##TheStrategyLab chat room, you'll be wasting a collaboration opportunity for improving your trading and doing such will make ##TheStrategyLab chat room useless to you.
Quote:
The chat room is only for traders learning or applying concepts of WRB Analysis. In addition, traders that use ##TheStrategyLab are required to post either one WRB Analysis price action commentary involving any key concept from the free study guide, one real-time trade or one general trading related commentary per day they log-in to the chat room. Yet, if the trader decides to post real-time trades (simulator or real-money)...the trades must be clear (not ambiguous) entry price/exit price and position size. Traders that consistently log-in and not post any price action commentary involving WRB Analysis or post ambiguous trades will be KICKED (removed) from the chat room.
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 qualify for access to our free ##TheStrategyLab chat room that's located on the Freenode IRC network...please follow the instructions at the TSL Support Forum
@ http://www.thestrategylab.com/tsl/forum/viewforum.php?f=164 ##TheStrategyLab Archive Chat Logs Attachment:
050216-Key-Price-Action-Markets.png [ 1.14 MiB | Viewed 345 times ]
click on the above image to view today's price action of key markets Session Start: Mon May 02 09:27:05 2016
Session Ident: ##TheStrategyLab
[09:27:05] * Now talking in ##TheStrategyLab
[09:27:05] * Topic is 'Chat room for traders that are using concepts from WRB Analysis to help improve their entry signals, initial stop/loss management, profitable trail stops or profit targets. WRB Analysis free study guide @
http://www.thestrategylab.com/tsl/forum ... 119&t=718'[09:27:05] * Set by wrbtrader on Fri Dec 26 09:39:03 2014
[09:27:06] ##TheStrategyLab url is
http://www.thestrategylab.com/tsl/forum/[09:33:54] <wladh__> Morning everybody
[09:34:20] <Senge> GM
[09:34:21] <mtntrader____> Morning
[09:35:05] <patrader> Good morning
[09:40:44] <winmax60> good morning :-)
[09:41:13] <wrbtrader> Long Emini ES @ 2065.50 -> large size
[09:41:23] <wrbtrader> 10 contracts
[09:43:32] <wrbtrader> KMEs @ 0945am, 1000am est
[09:44:00] <wrbtrader> Exited all Emini ES Long @ 2064.75 --> - 0.75
[09:45:13] <wrbtrader> Long Emini ES @ 2064.50 -> large size
[09:45:21] <wrbtrader> re-entry
[09:46:02] <wrbtrader> Exited all Emini ES Long @ 2063.75 --> - 0.75
[09:46:41] <wrbtrader> Shorts Emini ES @ 2062.59 -> large size
[09:46:47] <wrbtrader> 20 contracts
[09:47:26] <wrbtrader> That rolled over a little too easy on those Long positions
[09:47:59] <wrbtrader> correction on the entry
[09:48:17] <wrbtrader> Shorts Emini ES @ 2062.50 -> large size
[09:49:03] <wrbtrader> Emini ES futures back to its regular session gap fill but SPY hasn't gotten there
[09:49:48] <trader1453> long gbpusd 4658
[09:51:54] <wrbtrader> WRB pt1 reached on 1min chart for Emini ES but my goal is a WRB pt2 or the gap fill in SPY...whichever comes first
[09:53:10] <wrbtrader> Covered all Emini ES Short @ 2062.00 --> + 0.5
[09:57:46] <Senge> Long ES @ 2062.75
[09:58:06] <trader1453> out 18pip
[09:59:34] <Senge> Exit ES @ 2063 +.25
[10:00:51] <wrbtrader> Spikes in Forex EurUsd and GbpUsd
[10:01:47] <wrbtrader> increasing volatility in many different key markets
[10:02:23] <wrbtrader> Shorts Emini ES @ 2062.25 -> large size
[10:02:29] <wrbtrader> 10 contracts
[10:02:51] <wrbtrader> the chop is preventing me from putting on size > 10
[10:03:09] <wrbtrader> high risk chop
[10:03:31] <wrbtrader> moving a little too fast
[10:04:46] <wrbtrader> Covered all Emini ES Short @ 2061.00 --> + 1.25
[10:05:01] <wrbtrader> not a WRB pt1
[10:05:40] <wrbtrader> volatility in the earlier mentioned Forex instruments has now slowed
[10:26:44] <wrbtrader> Long Emini ES @ 2068.25 -> large size
[10:26:54] <wrbtrader> 10 contracts
[10:30:00] <wrbtrader> Exited all Emini ES Long @ 2067.75 --> - 0.5
[10:31:23] <Tigerman_____>
all
[10:31:43] <Tigerman_____> lg spy 207.18 intuit
[10:32:53] <trader1453> long es 6725
[10:33:08] <wrbtrader> Long Emini ES @ 2067.50
[10:33:14] <wrbtrader> re-entry
[10:33:46] <Tigerman_____> exit 1/2 @ 21 + 3t
[10:33:51] <wrbtrader> tight trading range now since 1015am est and volatility is trying very hard to increase
[10:34:01] <Tigerman_____> yep
[10:36:01] <Tigerman_____> exit all rem @ 15 -3 t
[10:36:08] <trader1453> out -.75
[10:36:59] <wrbtrader> Exited all Emini ES Long @ 2066.75 --> - 0.75
[10:37:47] <wrbtrader> Shorts Emini ES @ 2066.25 -> large size
[10:37:57] <wrbtrader> 10 contracts
[10:38:08] <Tigerman_____> short spy 207.05
[10:39:04] <Tigerman_____> exit 1/2 207.01 +4t
[10:41:16] <Tigerman_____> exit all rem @ 206.95 +10 tk
[10:44:31] <Tigerman_____> sh spy 206.98
[10:44:39] <Tigerman_____> intuition small size
[10:45:31] * Disconnected
Session Close: Mon May 02 10:45:31 2016
Session Start: Mon May 02 10:45:32 2016
Session Ident: ##TheStrategyLab
[10:45:37] * Attempting to rejoin channel ##TheStrategyLab
[10:45:43] * Rejoined channel ##TheStrategyLab
[10:45:43] * Topic is 'Chat room for traders that are using concepts from WRB Analysis to help improve their entry signals, initial stop/loss management, profitable trail stops or profit targets. WRB Analysis free study guide @
http://www.thestrategylab.com/tsl/forum ... 119&t=718'[10:45:43] * Set by wrbtrader on Fri Dec 26 09:39:03 2014
[10:45:45] -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[10:45:45] ##TheStrategyLab url is
http://www.thestrategylab.com/tsl/forum/[10:45:52] <wrbtrader_away> Covered all Emini ES Short @ 2065.50 --> + 0.75
[10:46:22] <wrbtrader_away> early exit
[10:46:58] <wrbtrader_away> out of nowhere one of my computers disconnnected
[10:47:45] <Tigerman_____> exit all @ 206.99 -1 tk
[10:48:23] <Tigerman_____> lg spy 207.13
[10:48:29] <Tigerman_____> I was slow on this entry
[10:49:32] <trader1453> long es 6725
[10:50:38] <Tigerman_____> exit 1/2 @ 18 +5t
[10:50:56] <Tigerman_____> exit all @ 14 +1t
[10:52:22] <Tigerman_____> sh spy 207.06
[10:52:23] <trader1453> out -2
[10:52:50] <Tigerman_____> exit 2/3 @ 90 +16t
[10:53:43] <wrbtrader_away> Shorts Emini ES @ 2063.25 -> large size
[10:53:54] <wrbtrader_away> 20 contracts
[10:55:14] <wrbtrader_away> Covered all Emini ES Short @ 2063.50 --> - 0.25
[10:55:41] <Tigerman_____> exit all rem @ 206.76 +30 tk
[10:56:22] <wrbtrader_away> Shorts Emini ES @ 2063.25 -> large size
[10:56:31] <wrbtrader_away> re-entry
[10:57:12] * wrbtrader_away is now known as wrbtrader
[10:58:15] <Tigerman_____> sh spy 206.80 intuit
[10:58:28] <trader1453> short es 6375
[11:01:03] <wrbtrader> markets always more patient than we are
[11:01:06] <Tigerman_____> exit all @ 82 -2tk
[11:02:09] <Tigerman_____> sh spy 206.88
[11:02:40] <Tigerman_____> exit 1/2 @ 85 +3t
[11:04:01] <Tigerman_____> exit all @ 86 +2t
[11:04:05] <wrbtrader> Covered all Emini ES Short @ 2064.25 --> - 1
[11:04:07] <wrbtrader> geesh
[11:04:15] <Tigerman_____> muddy area here
[11:05:28] <Tigerman_____> price testing sup of wrb hg at 10:52 1min in Spy
[11:06:03] <trader1453> out -1.75
[11:16:57] <Tigerman_____> sh spy 207.11
[11:17:40] <Tigerman_____> exit all @ 10 +1 t
[11:21:20] <Tigerman_____> sh spy 207.15
[11:21:24] <Tigerman_____> small intuit
[11:22:44] <Tigerman_____> exit all @ 207.05 +10t
[11:22:52] <Tigerman_____> slow action
[11:23:26] <Tigerman_____> unless strong move show up I watch x a while
[11:46:53] <Tigerman_____> sh spy 207. intuit
[11:47:24] <Tigerman_____> exit 1/2 206.94 +6t
[11:49:43] <Tigerman_____> exit all @ 98 +2 t
[11:52:45] <Tigerman_____> sh spy 206.91
[11:54:31] <Tigerman_____> exit all @ 96 -6 t
[11:59:35] <Tigerman_____> sh spy 206.93
[12:01:45] <Tigerman_____> exit all @ 206.83 +10 tk
[12:04:53] <TradeSnake______> Short YM @ 17741
[12:05:54] <Tigerman_____> sh spy 206.90
[12:13:44] <lightenup> Short YM 17749
[12:14:24] <Tigerman_____> exit all @ 88 +2t
[12:14:44] <Tigerman_____> super patience x me in this trade
[12:14:52] <Tigerman_____> simply it is gone nowhere
[12:14:54] <wladh__> short ES 2064.75
[12:15:19] <lightenup> Flat YM 17739 +10
[12:15:37] <TradeSnake______> Covered YM @ 17740 --> +1
[12:18:44] <wladh__> exit Es @2063.75
[12:36:53] <lightenup> Long ym 17756
[12:41:17] <lightenup> Flat YM 17766 +10
[12:42:50] <Tigerman_____> take care see next time
[12:45:08] <wrbtrader> Low volatility tight trading range day for the Emini futures
[12:50:17] <lightenup> Long YM 17770
[13:03:24] <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.
[13:12:41] <wrbtrader> Long Emini ES @ 2070.00 -> large size
[13:12:53] <wrbtrader> 10 contracts
[13:17:18] <wrbtrader> Exited all Emini ES Long @ 2070.50 --> + 0.5
[13:48:06] <lightenup> Flat YM 17780 +10
[13:49:38] <wrbtrader> Long Emini ES @ 2072.50 -> large size
[13:49:47] <wrbtrader> 10 contracts
[13:55:28] <wrbtrader> Exited all Emini ES Long @ 2072.50 --> 0
[14:17:54] <wrbtrader> Long Emini ES @ 2073.75 -> large size
[14:18:02] <wrbtrader> 10 contracts
[14:19:20] <wrbtrader> Exited all Emini ES Long @ 2073.00 --> - 0.75
[14:20:26] <wrbtrader> Long Emini ES @ 2073.00 -> large size
[14:20:34] <wrbtrader> re-entry
[14:26:00] <wrbtrader> Exited all Emini ES Long @ 2073.25 --> + 0.25
[14:55:00] <wrbtrader> Shorts Emini ES @ 2072.00 -> large size
[14:55:14] <wrbtrader> 20 contracts
[14:57:46] <wrbtrader> Covered all Emini ES Short @ 2073.00 --> - 1
[14:57:52] <wrbtrader>
[14:58:14] <wrbtrader> Not sure how many times I've gone Long today but got nothing...
[14:58:23] <wrbtrader> Short side not working too for me
[15:02:10] <wrbtrader> Long Emini ES @ 2073.50 -> large size
[15:02:19] <wrbtrader> 20 contracts
[15:04:08] <patrader> ES is now in the price area of an open WRBHG down from Thursday (5 min chart- reg session)
[15:06:37] <wrbtrader> Exited all Emini ES Long @ 2074.00 --> + 0.5
[15:07:59] <wrbtrader> Emini ES spent most of the day inside that regular session gap of Friday
[15:08:36] <wrbtrader> It's tested a few times today the R area of the regular session dap and is not sitting a few ticks above it
[15:10:37] <wrbtrader> Long Emini ES @ 2074.50 -> large size
[15:10:43] <wrbtrader> 10 contracts
[15:11:31] <wrbtrader> Long Emini ES @ 2074.25 -> Add
[15:30:38] <wrbtrader> Exited 1/2 Emini ES Long @ 2074.50 --> + 0.25
[15:31:01] <wrbtrader> Exited Remainder Emini ES Long @ 2074.25 --> - 0.25
[15:36:48] <wrbtrader> Long Emini ES @ 2074.25 -> large size
[15:37:02] <wrbtrader> 20 contracts
[15:43:38] <wrbtrader> WRB pt1 reached
[15:43:49] <wrbtrader> meant WRB pt2
[15:45:41] <wrbtrader> Exited all Emini ES Long @ 2076.75 --> + 2.5
[15:45:54] <wrbtrader> interesting reaction @ 2077.25
[15:54:26] <wrbtrader> Long Emini ES @ 2075.00 -> large size
[15:54:38] <wrbtrader> 20 contracts
[15:57:05] <wrbtrader> Exited all Emini ES Long @ 2074.50 --> - 0.5
[15:57:33] <wrbtrader> Long Emini ES @ 2075.00 -> large size
[15:57:40] <wrbtrader> choppy
[15:57:43] <wrbtrader> re-entry
[15:58:09] <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.scribd.com/wrbtrader [15:59:44] <wrbtrader> Exited all Emini ES Long @ 2075.00 --> 0
[16:00:12] <wrbtrader> Long Emini ES @ 2074.75 -> large size
[16:00:21] <wrbtrader> re-entry
[16:02:25] <wrbtrader> Exited all Emini ES Long @ 2074.50 --> - 0.25
[16:03:42] <wrbtrader> Long Emini ES @ 2074.50 -> large size
[16:04:09] <wrbtrader> 10+10 contracts
[16:05:19] <wrbtrader> Looks like today's price action doesn't want to forget about that big Down WRB Hidden GAP interval from Friday on the 5min chart
[16:05:29] <wrbtrader> or the 3min chart
[16:06:11] <wrbtrader> Emini ES futures just couldn't get the energy to push above that R area around 2078 area
[16:11:18] <wrbtrader> Exited all Emini ES Long @ 2074.50 --> 0
[16:15:28] <wrbtrader> As usual, the only good thing about a trading day like today is that it sets up a nice trading day the following day (tomorrow)
[16:15:37] <wrbtrader> Take care all and see all tomorrow
[22:29:06] * Disconnected
Session Close: Mon May 02 22:29:07 2016
-------------------------
##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, Usd/Cad, Xau/Usd and Xag/Usd
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
wrbanalysis@gmail.com