##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)
http://stocktwits.com/wrbtrader (24/7)

##TheStrategyLab primary purpose is for you to post your WRB Analysis, post your price action analysis, ask real-time questions about WRB Analysis or post your real-time trades in a timestamp environment...the free chat room is a trade journal of your trading day (thoughts and trades). In fact, if you think the only feedback you need is your broker statements...the free chat room will be a waste of your time and you will increase the odds of failing at trading.

The free chat room is located on the Freenode IRC network along with being a serious professional trading chat room for traders that want to talk about your use of 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) merged with your trade methods to improve the performance of their trade methods regardless if you're a position trader, swing trader or day trader. Therefore, you're welcome to use the free chat room to ask questions about WRB Analysis, post your 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 Review - This is not a signal calling trading room. We have no interest in trading rooms where a head trader tells other traders when to buy and sell because the business model for such isn't suitable for helping traders to succeed as independent traders. This chat room is free and many years ago it was started by users of WRB Analysis. Our job is to moderate (keep the peace between members) the chat room and to answer any questions involving WRB Analysis. Once again, the purpose of the free chat room is 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 thoughts and how you interacted with the markets on any given trading day in the past. Therefore, if you use the 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. Thus, the usefulness of ##TheStrategyLab chat room is determined via your participation in the chat room.

Yet, you're not require to use the free chat room as a trade journal to get help with your trading. Instead, as recommended by some users of WRB Analysis, you can use professional journal services such as tradervue, edgewonk, tradebench or tradingdiarypro for your statistical analysis in combo with our chat room or your private thread to discuss with us the statistical analysis of your trading so that we can help you to improve your use of WRB Analysis. You can then request a private thread for you to share the professional journal analysis of your trading with us for us to review. Therefore, you have many choices. You can use our chat room (you maintain your own statistics) as a trade journal or you can use professional trade journal services to do the work for you.

Also, do not attempt to use our chat room as a signal calling trade room via trying to mimic (copy) trades posted by members. If you do such, you will be KICKED from the chat room without warning. In fact, most of the negative commentary about TheStrategyLab website is by traders after we've removed them from the free chat room, removed them from the forum or removed them from the website for violating our terms of use policy.


With that said, thanks for reviewing (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: Fri Mar 24 09:24:11 2017
Session Ident: ##TheStrategyLab
[09:24:11] * Now talking in ##TheStrategyLab
[09:24:11] * 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'
[09:24:11] * Set by wrbtrader on Fri Dec 26 09:39:03 2014
[09:24:11] ##TheStrategyLab url is http://www.thestrategylab.com/tsl/forum/
[09:35:48] <wrbtrader> Long Emini ES @ 2348.25 -> large size
[09:35:56] <wrbtrader> 10 contracts
[09:39:12] <wrbtrader> Shorts Emini ES @ 2347.50 -> Add
[09:39:35] <wrbtrader> correction...
[09:39:53] <wrbtrader> That's an exit out of the Long position -0.75
[09:40:41] <wrbtrader> Long Emini ES @ 2347.25 -> large size
[09:40:52] <wrbtrader> re-entry
[09:47:05] <wrbtrader> Exited all Emini ES Long @ 2348.00 --> + 1.25
[09:47:28] <wrbtrader> trail pickpocketed
[09:48:09] <wrbtrader> Long Emini ES @ 2348.75 -> large size
[09:48:16] <wrbtrader> re-entry
[09:52:22] <wrbtrader> Exited all Emini ES Long @ 2349.25 --> + 0.5
[09:53:27] <wrbtrader> not a trail stop hit...I dumped it for intuition reasons
[09:53:45] <wrbtrader> Trail was @ 2349.00
[10:27:59] <wrbtrader> I have a feeling the North American markets are watching the Healthcare vote
[10:28:38] <wrbtrader> It would explain the low volatility...another political reason for the markets to be in a low volatility tight trading range
[10:32:34] <wrbtrader> Long Emini ES @ 2349.25 -> large size
[10:32:43] <wrbtrader> 10 contracts
[10:35:05] <wrbtrader> Exited all Emini ES Long @ 2349.25 --> 0
[10:35:11] <wrbtrader>
[10:35:53] <wrbtrader> Yesterday there was a lot of hype around the close that the markets were "waiting" for Friday's healthcare vote.
[10:36:11] <wrbtrader> Some called it Political Vote
[10:36:24] <wrbtrader> Whatever it is...the volatility sucks
[10:38:00] <TradeSnake_____> Agreed
[12:11:35] <wrbtrader> Hi Zetaone
[12:11:47] <wrbtrader> What charts are you monitoring
[12:12:19] <Zetaone> ES - CL and ZB
[12:12:19] <wrbtrader> Shorts Emini ES @ 2347.00 -> large size
[12:12:29] <wrbtrader> Huge volatility surge
[12:12:35] <TradeSnake_____> wow
[12:12:41] <Zetaone> a big wow
[12:14:33] <wrbtrader> Covered all Emini ES Short @ 2346.75 --> + 0.25
[12:14:45] <wrbtrader> all over the place the price action
[12:15:04] <wrbtrader> Was hoping for some follow-thru to a WRB pt1
[12:15:09] <wrbtrader> didn't happen
[12:15:19] <Zetaone> Sorry have been missing for few days. My son had surgery (again) to his left knee for ACL and meniscus - so had to be around him for and drive him for therapy. Then drove him back to his University and stayed to make sure that he will be ok for therapy and getting around on crutches for a while.
[12:15:38] <wrbtrader> Shorts Emini ES @ 2346.50 -> large size
[12:16:15] <wrbtrader> thanks Zetaone...hope he recovers well
[12:16:25] <wrbtrader> 10 contracts
[12:16:27] <Zetaone> hope so. Thanks
[12:16:30] <wrbtrader> re-entry
[12:16:48] <TradeSnake_____> Short YM @ 20606
[12:20:13] <TradeSnake_____> Covered YM @ 20593 --> +13
[12:21:12] <TradeSnake_____> Geez... got shaken out before my Pt1
[12:21:48] <wrbtrader> Covered all Emini ES Short @ 2344.00 --> + 2.5
[12:22:10] <wrbtrader> WRB pt1 reached but took a long time to get filled
[12:24:28] <TradeSnake_____> @CNBC ALERT: Stocks moving lower amid health bill jitters; 32 Republicans leaning no or planning to vote no, per NBC tally http://www.cnbc.com/2017/03/24/us-markets.html …
[12:26:53] <wrbtrader> Geeesh...Trump gave that ultimatum too...vote for it or else he leaves Obamacare the way it is and will move on to other concerns for the WhiteHouse
[12:28:01] <wrbtrader> He got the Keystone Pipeline if states like Nebraska approves using it (so far they say NO)
[12:28:27] <wrbtrader> Things could get messy really fast for the Whitehouse
[12:28:41] <wrbtrader> Hopefully it brings in volatility in the markets
[12:29:32] <wrbtrader> Long Emini ES @ 2348.25 -> small size
[12:29:40] <wrbtrader> 5 contracts
[12:30:41] <wrbtrader> Exited all Emini ES Long @ 2348.50 --> + 0.25
[12:30:43] <TradeSnake_____> Eminis right back up into the KME WRB HG at 12:09pm (3min)
[12:30:51] <wrbtrader> Exactly
[12:33:06] <wrbtrader> There 6 ghost users in here today with us...they are hiding there usernames...I can only see them via a 3rd party IRC app
[12:33:14] <wrbtrader>
[12:33:55] <TradeSnake_____> Why do they do that?
[13:05:46] <wrbtrader> I don't know but its ridiculous
[13:05:59] <wrbtrader> They're jerks
[13:06:30] <wrbtrader> ...as soon as I called them jerks...two logged out
[13:06:54] <Zetaone>
[13:07:54] <wrbtrader> They could be someone that's not a member and they got the password from someone else
[13:08:36] <wrbtrader> I may just remove all members off the password access list and only put on the list members that are in here today
[13:11:39] <wrbtrader> Shorts Emini ES @ 2345.25 -> small size
[13:11:47] <wrbtrader> 5 contracts
[13:28:12] <wrbtrader> Covered all Emini ES Short @ 2347.00 --> - 1.75
[13:51:19] <wrbtrader> back to the 2345.25 level
[13:51:29] <wrbtrader> Shorts Emini ES @ 2345.00 -> small size
[13:51:39] <wrbtrader> 5 contracts
[13:52:21] <wrbtrader> gotta be care because of the political news today involving the Healthcare Vote
[13:52:38] <wrbtrader> low volatility with a sensitive market...
[13:52:47] <wrbtrader> Crazy volatility spikes can happen
[13:53:19] <wrbtrader> That's ok but without the chop
[13:53:31] <wrbtrader> Volatility with chop...usually not good
[13:54:00] <wrbtrader> Volatility by itself...usually good
[13:58:18] <wrbtrader> Covered all Emini ES Short @ 2342.00 --> + 3
[13:58:31] <wrbtrader> WRB pt2 reached
[13:59:09] <wrbtrader> I almost dumped it for a small profit at WRB pt1 instead of waiting for that WRB pt2
[13:59:29] <wrbtrader> Glad I waited and volatility showing up...it helped a lot
[14:01:05] <wrbtrader> News just said the vote count will be 90 mins from now
[14:01:24] <wrbtrader> another source said in 30 mins
[14:02:22] <wrbtrader> Not sure why Trump is announcing the approval of the Keystone pipeline when he still has to wait for land use from states like Nebraska
[14:03:12] <wrbtrader> I think the other two states involved are Montana and South Dakota
[14:03:35] <wrbtrader> Not sure if they've ok the land use
[14:05:09] <wrbtrader> Canada already has the 200 miles of pipeline ready to go but the U.S. said the company that makes the pipeline must be U.S. only.
[14:05:31] <wrbtrader> That's fine with me but that puts about a 2 year delay...
[14:05:58] <wrbtrader> I say 2 years because that's how long it took Canada to make the pipelines
[14:07:20] <wrbtrader> There's about 50 private landowners opposing the deal because they don't want the pipeline to go thru their properties
[14:07:53] <wrbtrader> Government has offered to buy them out but the offer is LESS than the value of the properties
[14:34:01] <wrbtrader> Based on the new...vote count should start abouot 1hr from now...around 3:30pm est
[14:34:31] <wrbtrader> Lets see if all hell breaks loose around that time
[14:34:53] <wrbtrader> Would love to see some in congress get into fist fights like in Asia
[14:39:40] <Tigerman______> hello wrbtrader
[14:39:44] <Tigerman______> all
[14:40:57] <Tigerman______> need to eat now
[14:49:05] <Tigerman______> I just did a fast short
[14:49:23] <Tigerman______> I gain and not touch m arket more x now
[14:49:38] <Tigerman______> intuition after the volatility increase
[14:53:48] <Tigerman______> vola continue expansion
[14:56:58] <Tigerman______> price retracing most dark wrb hg in spx
[14:57:25] <Tigerman______> eminies in sync
[15:01:23] <Tigerman______> sh es 2236.75
[15:01:56] <Tigerman______> exit 1/3 @ 2336 +3 tk
[15:03:37] <Tigerman______> exit all ES @ 2335.50 +5 tk
[15:03:47] <Tigerman______> wow price retraced fast
[15:40:06] <Tigerman______> lg es 2342.50
[15:40:52] <Tigerman______> exit 2/3 2345.50 +12 tks
[15:44:43] <Tigerman______> exit all rem ES @ 2345.50 +12 tk
[15:44:54] <Tigerman______> price ping pong here
[15:46:20] <wrbtrader> Long Emini ES @ 2341.75 -> small size
[15:46:34] <wrbtrader> 5 contracts
[15:46:59] <wrbtrader> Exited all Emini ES Long @ 2341.25 --> - 0.5
[15:47:47] <wrbtrader> Shorts Emini ES @ 2339.50 -> large size
[15:48:07] <wrbtrader> 10 contracts
[15:50:10] <TradeSnake_____> VIX poked above 14 now
[15:51:44] <wrbtrader> Covered all Emini ES Short @ 2341.50 --> - 2
[15:52:35] <wrbtrader> Long Emini ES @ 2343.00 -> large size
[15:52:51] <wrbtrader> 10 contracts
[15:53:20] <wrbtrader> Exited all Emini ES Long @ 2342.50 --> - 0.5
[15:54:42] <wrbtrader> Long Emini ES @ 2342.50 -> large size
[15:54:57] <wrbtrader> re-entry
[15:56:10] <wrbtrader> Exited all Emini ES Long @ 2343.50 --> + 1
[15:57:28] <wrbtrader> Shorts Emini ES @ 2341.75 -> large size
[15:57:49] <wrbtrader> 10 contracts
[15:59:53] <wrbtrader> Covered all Emini ES Short @ 2341.50 --> + 0.25
[15:59:59] <Tigerman______> I end my session here
[16:00:04] <wrbtrader> too fast for me
[16:00:51] <Tigerman______> yeah ES move up and down fast
[16:00:59] <TradeSnake_____> Volatility is back but liquidity is gone in the ES...
[16:01:44] <TradeSnake_____> https://twitter.com/nanexllc/status/845 ... 68/photo/1
[16:09:17] <wrbtrader> Shorts Emini ES @ 2342.75 -> large size
[16:09:26] <wrbtrader> 10 contracts
[16:11:33] <wrbtrader> just saw strange spreads and it jump quickly several levels
[16:14:25] <wrbtrader> Covered all Emini ES Short @ 2343.50 --> - 0.75
[16:14:38] <wrbtrader> It jumped the levels again
[16:15:28] <wrbtrader> That sucks...
[16:15:53] <wrbtrader> tried a few times to go Long but couldn't get fills...just jumped right over me.
[16:16:35] <wrbtrader> Went Short instead as it was ticking down...got a fill
[16:17:18] <wrbtrader> not a problem on the Short side but try to reverse the order into the Long and still couldn't get a fill...it jumped over my order as if I wasn't even there
[16:17:43] <wrbtrader> Eventually forced out of the trade without a position reversal
[16:18:14] <Tigerman______> yeah liquidity is not at best
[16:20:10] <Tigerman______> take care aal have a safe weekend
[16:20:19] <wrbtrader> I've heard about the liquidity issue last week too
[16:20:34] <wrbtrader> Didn't really understand it
[16:22:21] <wrbtrader> The guy made it sound like orders aren't easily filled...takes longer for a fill and that price is skipping over levels
[16:22:48] <wrbtrader> If true...odd for a highly liquid futures like Emini ES futures
[16:27:33] <wrbtrader> My 3rd party app showed the peak users in here to be 92 members today
[16:27:44] <wrbtrader> most of them hidden
[16:28:01] <wrbtrader> I got to figure out a way to fix that
[16:28:15] <wrbtrader> 9 just logged out
[16:31:16] <wrbtrader> This room is on a new server called cherryh...I don't recognize that server name from the old list I have
[16:31:22] <wrbtrader> That could be the problem
[16:49:31] <Zetaone> Have a good weekend everyone.
[19:13:55] * Disconnected
Session Close: Fri Mar 24 19:13:55 2017

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

##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 free 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

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, racist, harassment, lies, hackers, pikers, trolls that's a distraction to members of our chat room, our forum or our website. Yet, the original logs are always maintain for security reasons and legal reasons if needed.

Review of TheStrategyLab @ http://www.thestrategylab.com/tsl/forum/viewtopic.php?f=84&t=3167

TheStrategyLab Review @ http://www.thestrategylab.com/thestrategylab-reviews.htm

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)
TheStrategyLab 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 (24/7)
http://twitter.com/wrbtrader (24/7)
http://stocktwits.com/wrbtrader (24/7)