##TheStrategyLab Price Action Chat Room Logs

Price Action Trading (no technical indicators)
Phone: +1 708 572-4885
Free Chat Room: http://www.thestrategylab.com/tsl/forum/viewforum.php?f=164
Business 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.


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


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

Session Start: Mon Oct 26 06:17:39 2015
Session Ident: ##TheStrategyLab
[06:17:39] * Now talking in ##TheStrategyLab
[06:17:39] * 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'
[06:17:39] * Set by wrbtrader on Fri Dec 26 09:39:03 2014
[06:17:40] ##TheStrategyLab url is http://www.thestrategylab.com/tsl/forum/
[09:34:23] <Tigerman_> all
[09:38:11] <wrbtrader> Long Emini ES @ 2065.50 -> large size
[09:38:48] <wrbtrader> not much happening in Emini ES futures but Emini YM is a different story
[09:39:14] <wrbtrader> Thus, I'm just following the price action movement of Emini YM futures
[09:39:44] <wrbtrader> 10 contracts
[09:41:05] <Tigerman_> yeah YM moves higher
[09:41:22] <Tigerman_> but too much unsync in others e-minies
[09:42:10] <wrbtrader> Exited all Emini ES Long @ 2064.50 --> - 1
[09:43:40] <wrbtrader> Shorts Emini ES @ 2064.00 -> large size
[09:43:51] <wrbtrader> 10+5 contracts
[09:47:12] <wrbtrader> Eminis starting to show signs of range bound
[09:49:22] <Tigerman_> sell pressure
[09:51:16] <wrbtrader> Covered 2/3 Emini ES Short @ 2052.00 --> + 12
[09:51:29] <wrbtrader> correction
[09:51:43] <wrbtrader> Covered 2/3 Emini ES Short @ 2062.00 --> + 2
[09:52:48] <wrbtrader> If Emini TF futures can make a lower low in comparison to Friday's 1530pm est reaction low
[09:52:54] <wrbtrader> never mind...it just did
[09:53:39] <wrbtrader> That's what I needed to see to stay in this trade a little longer in hopes of a WRB pt2 after the WRB pt1 was reached
[09:57:28] <wrbtrader> Covered Remainder Emini ES Short @ 2063.25 --> + 0.75
[09:57:40] <wrbtrader> \
[09:58:45] <wrbtrader> trail pick pocketed
[10:10:00] <wrbtrader> low volatility preventing this price action from spiking lower or higher
[10:10:07] <wrbtrader> Its just a slow grind
[10:13:38] <lightenup1> short ym 17550
[10:15:56] <patrader> last interval on TF 5 min is a good sized WRB down
[10:16:40] <patrader> i'm assuming it's going to end up as a WRB HG if the current interval cooperates
[10:16:47] <Tigerman_> Iwm moves stronger today
[10:18:26] <lightenup1> point 1 reached in ym
[10:21:01] <Tigerman_> buy pressure on ES dome
[10:21:14] <lightenup1> Flat ym 17542 +8
[10:35:11] <Tigerman_> tight low volatility now
[11:10:30] <TradeSnake______> Short GC @ 1166.2
[12:25:39] <winmax60> long es @2063.50
[12:32:10] <winmax60> exit @2063.75 +0.25
[12:50:25] <winmax60> long es@2066.50
[12:52:26] <winmax60> exit @2066.50 0
[13:03:34] <wrbtrader> The 15min chart shows how tight the price action is for the Emini futures
[13:04:16] <wrbtrader> If it stays like this for the remainder of the trading day...tomorrow should be a nice trading day with good volatility
[13:06:03] <Tigerman_> I ll be here to get that
[13:39:33] <Tigerman_> take care all see tomorrow
[13:49:52] <winmax60> short es@2066.25
[13:53:29] <winmax60> exit @2064.25 +2
[15:20:47] <winmax60> long es @2064.50
[15:24:34] <wrbtrader> Not much to look at in this afternoon price action
[15:25:11] <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.
[15:26:38] <winmax60> yes..too much vol contraction...
[15:30:43] <winmax100> exit @2064.75 +.25
[15:38:18] <wrbtrader> I've had to check my data sources to make sure the data really is dead
[15:45:24] <TradeSnake______> Covered GC @ 1163.4 --> +2.8
[15:50:54] <wrbtrader> Hopefully the 4pm est rush hour traffic price action has some volatility
[15:51:11] <wrbtrader> I won't be trading Emini ES futures during such...
[15:51:31] <wrbtrader> Instead, Emini TF futures tends to have better volatility during the 4pm est rush hour traffic
[15:56:14] <wrbtrader> Long Emini TF @ 1157.10 -> small size
[15:56:28] <wrbtrader> 2+1 contracts
[15:58:23] <wrbtrader> Exited all Emini TF Long @ 1157.00 --> - 0.1
[15:58:52] <wrbtrader> Volatility tried hard to show up and then it died quickly
[16:02:16] <wrbtrader> Trade was via the 3min chart and the WRB Zone was the 1348pm - 1351pm est Down Dark WRB Hidden GAP interval
[16:03:06] <wrbtrader> I was too close on the entry near the R area of that WRB Zone...as soon as it got retested...Emini TF futures rolled over southward but I had a tight trail stop because of that R area
[16:03:15] <wrbtrader> Take care all and see all tomorrow
[17:24:36] * Disconnected
Session Close: Mon Oct 26 17:24:36 2015

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

##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