Price Action Trade Results of M.A. Perry Trader and Founder of
WRB Analysis (wide range body/bar analysis)
TheStrategyLab Price Action Trading (no technical indicators)
wrbtrader (more info about me):
http://www.thestrategylab.com/wrbtrader.htm &
http://www.thestrategylab.com/tsl/forum/viewtopic.php?f=127&t=850Free Chat Room: http://www.thestrategylab.com/tsl/forum/viewforum.php?f=164 Archive Real-Time Chat Logs (timestamp, entries/exits, position size):
http://www.thestrategylab.com/ftchat/forum/viewforum.php?f=20 Users Reviews, Accolades (Testimonials): http://www.thestrategylab.com/Accolades.htm Review of TheStrategyLab: http://www.thestrategylab.com/tsl/forum/viewtopic.php?f=84&t=3167 &
http://www.thestrategylab.com/thestrategylab-reviews.htmPrice Action Trading: http://www.thestrategylab.com/price-action-trading.htmTheStrategyLab Business Hours: 8am - 5pm est (Mon - Fri)
Telephone: +1 708 572-4885
wrbanalysis@gmail.com (24/7)
Stocktwits @
http://stocktwits.com/wrbtrader (24/7)
Twitter @
http://twitter.com/wrbtrader (24/7)
Quote:
No trades today for me because I didn't like the way the price action was moving out of the gate. Instead, spent most of the day studying price movement in EuroFX 6E futures along with working on my quarter income taxes. Yeah, I do my taxes every quarter instead of annual via worrying about taxes in April of each year. If chat rooms are not your taste for real-time documenting of your trading & analysis...you should then start a private trade journal that contains your broker statements or quantitative statistical analysis because trade journals are the best way for self improvement in your trade performance
@ http://www.thestrategylab.com/tsl/forum/viewforum.php?f=117 Price Action Trade Performance for Today: Emini RTY ($RTY_F) futures @
$0.00 dollars or +0.00 points, Emini ES ($ES_F) futures @
$0.00 dollars or +0.00 points, Light Crude Oil CL ($CL_F) futures @
$0.00 dollars or +0.00 points, Gold GC ($GC_F) futures @
$0.00 dollars or +0.00 points and EuroFX 6E ($6E_F) futures @
$0.00 dollars or +0.0000 ticks.
Total Profit @ $0.00 dollars Russell 2000 Emini RTY Futures: 1 tick or 0.10 = $5.00 dollars and there's more contract information @
CMEGroup (formerly as TF @
The ICE)
S&P 500 Emini ES Futures: 1 tick or 0.25 = $12.50 dollars and there's more contract information @
CMEGroup Light Crude Oil CL (WTI) Futures: 1 tick or 0.01 = $10.00 dollars and there's more contract information @
CMEGroup Gold GC Futures: 1 tick or 0.10 = $10.00 dollars and there's more contract information @
CMEGroupEuroFX 6E Futures: 1 tick or 0.0001 = $12.50 dollars and there's more contract information @
CMEGroup Today's Trade Log & Price Action Analysis is archived @ http://www.thestrategylab.com/ftchat/forum/viewtopic.php?f=179&t=2806 All of my trades are posted
real-time at the above link for today's archive chat log in the timestamp ##TheStrategyLab
free chat room via the user name
wrbtrader for anyone to do a real-time review (you must be a member of the chat room for a real-time review). Although the trades and price action analysis are posted by me and other users of WRB Analysis in real-time...review of TheStrategyLab is that this is
not a signal calling chat room
nor is this a live trading room that has a head trader telling you what to do. I'm the moderator (I keep the peace between members) and my own live trades are posted within 3.2 seconds on average
after the trade confirmation in my broker trade execution platform via an
auto script to minimize delays in posting of my trades. You can review
today's price action trade journal about my trades (e.g. time, price entry, contract size, price exit, market analysis) as the trade traversed to its completion. In addition, sometimes I'll post
real-time trading tips in the free ##TheStrategyLab chat room involving WRBs, WRB Hidden GAPs, Key Market Events (KME), WRB Zones, Reaction Highs/Lows, Contracting Volatility or Expanding Volatility...all key concepts from the WRB Analysis free study guide even though the free chat room is not design to be an education chat room because the education is
only performed at the forums in the private threads.
##TheStrategyLab Chat Room is
free. The free chat room is
not a signal calling trading room
nor is it a live trading room with a head trader even though members of the chat room are posting their trades & market analysis in real-time. I do
not mentor (never have) although I get many requests to do mentoring. There is education but
only in members private threads at the forum involving members asking questions (help) about their own trading. Thus, the
primary purpose of TheStrategyLab free chat room is for you to use as your
trade journal so that you can use as valuable feedback about
your own trading and for members to help each other...as in more eyes on the market. In addition, we
highly recommend that you use the free chat room with a professional trade journal software like tradebench.com, edgewonk.com, tradervue.com, tradingdiarypro.com, stocktickr.com, journalsqrd.com, tradingdiary.pro, mxprofit.com or trademetria.com because they can provide you with the
quantitative statistical analysis of your trading. You can then download your results and post them in your private thread at the forum.
Also, you can use TheStrategyLab free chat room to ask real-time WRB Analysis questions. Yet, please do
not post your quantitative statistical analysis, brokerage statements in the free chat room. Instead, its highly recommended that you only post that particular information in your private thread for
security reasons. Yet, if you want to post that type of information at another website, blog or chat room...that's your choice.
TheStrategyLab free chat room is on IRC via
users request because the IRC servers are located in many different countries, software in many different languages, many different mobile apps, many different types of social media software can be used to log in along with IRC being easier to moderate via
script codes when trouble makers, spammers and trolls show up. I'm the
moderator of the free chat room via the user name
wrbtrader. Thus, I
keep the peace between members without hesitation in removing problematic traders so that members can peacefully post their market observations, trades, WRB Analysis commentary about the markets without being
trolled or harassed.
TheStrategyLab free chat room is
not for traders looking for someone to hold their hands and tell them when to buy or sell nor do we allow the free chat room to be used for mentoring because we do
not offer a mentoring service. The
purpose of TheStrategyLab is for you to post
your real-time analysis or trades so that you can
review as feedback for any trading day to provide valuable information about the results in
your broker statements. If you join the free chat room and then you decide to
not post any WRB Analysis about the price action or you decide to not post your trades or you decide to be silent (lurk without saying a word about today's markets)...you're not using the free chat room properly to help improve your trading.
In fact, we do
not want silent (lurkers) traders to join the free chat room unless they are actively posting at the forum about their trading after the markets close.
Access instructions for the free chat room
@ http://www.thestrategylab.com/tsl/forum/viewforum.php?f=164 Quote:
All of my real-time posted trades involves price action concepts from
WRB Analysis free study guide,
Advance WRB Analysis Tutorial Chapters 4 - 12 and the
Volatility Trading Report (VTR) trade signal strategies. Yet, I'm always backtesting new concepts of WRB Analysis, new trade entry rules, new trade management rules, new position size management rules before application in real money trades (small position size trades) to adapt to changed market conditions
prior to large position size trades or sharing the new concepts with fee-base clients...living up to the name of my website.
TheStrategyLab.
Also, posted below for you to
review are direct links to information about my
price action trade methodology and
trading plan (there's a difference between the two) that enables me to identify key trading areas in the price action that represent changes in supply/demand and volatility along with being able to exploit these changes via WRB Analysis (wide range body/bar analysis). I'm primarily a day trader because it suits my
personal lifestyle but I do occasionally swing trade and position trade. Simply, my trade method is applicable for position trading, swing trading and day trading.
Price Action Analysis via Advance WRB Analysis Tutorial Chapters @
http://www.thestrategylab.com/WRBAnalysisTutorials.htm and there's a
free study guide of the WRB Analysis Tutorial Chapters 1, 2 and 3 @
http://www.thestrategylab.com/tsl/forum/viewtopic.php?f=119&t=718 Analysis -----> Trade Signals Trade Signal Strategies via Volatility Trading Report (VTR) @
http://www.thestrategylab.com/VolatilityTrading.htm and there's a
free trade signal strategy @
http://www.thestrategylab.com/tsl/forum/viewforum.php?f=89 so that you can freely test drive one of our price action trade strategies with support (answering your questions)
prior to purchasing the Volatility Trading Report (VTR). All WRB Analysis Tutorial Chapters 1 - 12 are included in the purchase of the Volatility Trading Report (VTR).
Daily Trading Plan Routine @
http://www.thestrategylab.com/tsl/forum/viewtopic.php?f=350&t=3706 contains brief information about trading plan, market context, brokers, trading time frames, position size management and other discussions.
-----------------------------
Market Context Summaries The below summaries by
Bloomberg,
Briefing,
Reuters and
Yahoo! Finance helps me to do a quick review of the fundamentals,
FED/
ECB/
BOE/
IMF actions or any important global economic events (e.g.
Eurozone,
MarketWatch.com) that had an impact on today's price action in many trading instruments I monitor during the trading day. Simply, I'm a strong believer that key market events causes key changes in supply/demand and volatility resulting in
trade opportunities (swing points and strong continuation price actions) that reach profit targets. Thus, I pay attention to these key market events, intermarket analysis (e.g. Forex EurUsd, EuroFX 6E futures, Gold GC futures, Light Crude Oil (WTI) CL & Brent Oil futures, Eurex DAX futures, Euronext FTSE100 futures, Emini ES futures, Emini RTY futures, Treasury ZB futures and U.S. Dollar Index futures) while using WRB Analysis from one trade to the next trade to give me the
market context for price action trading before the appearance of my
technical analysis trade signals. Therefore, I maintain these
archives for easy review to allow me to understand what was happening on any given trading day
in the past involving key market events to help better understand my trade decisions (day trading, swing trading, position trading)...something I can
not get from my broker PnL statements alone. Further, most financial websites remove (delete) their archives after a few years to make room for new content. Therefore, I maintain my own archives of the news content so that I have it available for me when financial websites no longer archives their content.
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click on the above image to view today's price action of key markets discussed by members of TheStrategyLab 04:30PM ET[BRIEFING.COM] Stocks battled back following a rough start to Wednesday's session, keeping weekly losses in check. The Dow Jones Industrial Average finished higher by 0.3%, ending a five-session skid, and the S&P 500 advanced 0.2%, but the Nasdaq Composite lost 0.1%, extend its losing streak to five sessions.
Initially, it looked as if Wednesday's session might be a continuation of Tuesday's sell off, as stock dropped sharply from their flat lines in the opening minutes. The market quickly found its footing, however, and started trending higher, eventually hitting positive territory in the afternoon. At lowest mark of the day, the S&P 500 was down 0.8% and, at its best, was up 0.4%.
A continued rise in Treasury yields didn't make things easy for the equity market. The benchmark 10-yr yield finally crossed the 3.0% mark after flirting with it over the last few sessions, finishing four basis points above its Tuesday close at 3.02% -- its highest close in more than four years. Meanwhile, the 2-yr yield climbed three basis points to 2.49% -- its highest close in nearly a decade.
Shares of Dow component Boeing (BA 342.86, +13.80) rallied 4.2% on Wednesday after the aerospace giant made a splash on the earnings front, easily beating top and bottom line estimates for the first quarter. Similarly, shares of chipmaker Texas Instruments (TXN 103.00, +4.58), health insurer Anthem (ANTM 238.84, +13.84), and railroad giant Norfolk Southern (NSC 145.96, +10.99) added between 4.7% and 8.1% on better-than-expected Q1 results.
However, on the downside, Twitter (TWTR 29.75, -0.72) shares dropped 2.4% even though the company beat earnings and revenue estimates for the first quarter, and shares of Capital One (COF 92.76, -4.66) tumbled 4.8% after the company's worse-than-expected Q1 revenues overshadowed its better-than-expected bottom line.
Most of the 11 S&P 500 sectors finished Wednesday in positive territory, but gains were pretty limited; the energy and telecom services sectors added 0.8% apiece, but no other group advanced more than 0.5%. Three sectors finished in negative territory, including the top-weighted financials and information technology groups, which lost 0.1% apiece.
Wednesday's economic data was limited to the weekly MBA Mortgage Applications Index, which showed a downtick of 0.2%. Tomorrow investors will receive Durable Goods Orders for March (Briefing.com consensus +1.9%), weekly Initial Claims (Briefing.com consensus 225K), Advance International Trade in Goods for March, and Advance Wholesale Inventories for March.
Nasdaq Composite: +1.5% YTD
Russell 2000: +1.0% YTD
S&P 500: -1.3% YTD
Dow Jones Industrial Average: -2.6% YTD
Dow: +59.70… | Nasdaq: -3.61… | S&P: +4.84…
NASDAQ Adv/Dec 1179/1616. …NYSE Adv/Dec 1265/1658.
Special thanks to
Bloomberg,
Briefing,
Reuters and
Yahoo! Finance for their market summaries. Also, thank you for the review of TheStrategyLab performance record...hopefully the links and data will be useful for you.
Price Action Trading
@ http://www.thestrategylab.com/price-action-trading.htm Trade Strategies via Volatility Analysis
@ http://www.thestrategylab.com/VolatilityTrading.htm Rebuttal to 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=3676 TheStrategyLab Review
@ http://www.thestrategylab.com/thestrategylab-reviews.htm Advance WRB Analysis Tutorial Chapters 4 - 12
@ http://www.thestrategylab.com/WRBAnalysisTutorials.htmDisclaimer: 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 not be used to replace professional educational and professional research because we are retail traders only. TheStrategyLab.com does not accept liability for your use of the website and its resources.
We make no guarantees of success and your level of success is dependent upon other factors including your skill as a trader, knowledge, financial condition, market conditions and other factors. Trading is stressful and you should always consult a doctor in all matters relating to physical and mental health of you & your family because trading can impact beyond your financial condition regardless if you're a profitable or losing trader. Also, you can read our full disclaimer statement @ http://www.thestrategylab.com/Disclaimer.htmBest Regards,
M.A. Perry
Online user name
wrbtrader (more info about me)
@ http://www.thestrategylab.com/tsl/forum/viewtopic.php?f=127&t=850 & http://www.thestrategylab.com/wrbtrader.htmTheStrategyLab Price Action Trading (no indicators)
Trader and Founder of
WRB Analysis (wide range body/bar analysis)
@ http://twitter.com/wrbtrader @ http://stocktwits.com/wrbtraderhttp://www.thestrategylab.com Phone: +1 708 572-4885
TheStrategyLab Business Hours: 8am - 5pm est (Mon - Fri)
Skype Messenger: kebec2002
wrbanalysis@gmail.com