TheStrategyLab Price Action Trading (no technical indicators)
Free Chat Room:
http://www.thestrategylab.com/tsl/forum/viewforum.php?f=164 (see chat logs below)
M.A. Perry a.k.a. wrbtrader (more info about me):
http://www.thestrategylab.com/wrbtrader.htm &
http://www.thestrategylab.com/ftchat/forum/viewtopic.php?f=11&t=6 CME Group Trade Against A Pro Futures Challenge:
http://www.thestrategylab.com/tsl/forum/viewtopic.php?f=360&t=4038 TheStrategyLab Reviews:
http://www.thestrategylab.com/tsl/forum/viewtopic.php?f=84&t=3167 &
http://www.thestrategylab.com/thestrategylab-reviews.htm Skype: kebec2002
Business Hours: 8am - 5pm est (Mon - Fri)
wrbanalysis@gmail.com (24/7)
Twitter @
http://twitter.com/wrbtrader (24/7)
Twitter Search Hashtags: #PriceAction, #ES_F, #YM_F, #NQ_F, #volatility, #emini, #futures, #fomc, #VIX, #thestrategylab, #wrbanalysis, #SPY, #SP500, #MicroEmini, #trading, #markets, #daytrading, #swingtrading
Stocktwits @
http://stocktwits.com/wrbtrader (24/7)
TradingView @
https://www.tradingview.com/u/wrbtrader (24/7)
##TheStrategyLab primary purpose is for
you to use the free chat room as a
trade journal of
your trades via you posting WRB Analysis of the price action you see on
your monitors, posting price action analysis, ask real-time questions about WRB Analysis or posting your real-time trades (simulator or real money) in a timestamp environment after you've received confirmation from your broker trade execution platform. Simply, the
free chat room is a
trade journal of your trading day (thoughts and trades).
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
their use of
WRB Analysis (e.g. Contracting Volatility, WRBs, WRB Hidden GAPs, WRB Zones, WRB/WRB Hidden GAP profit targets, Key Market Events, Reaction Highs/Lows, Expanding Volatility, R area of WRB Zone, S area of WRB Zone, midpoint of WRB Zone and speed of the price action) merged with their trade methods to improve the performance of their trade methods regardless if they're a
position trader, swing trader, day trader, trend trader or range trader.
Therefore, you're welcome to use the free chat room to ask questions about WRB Analysis, post your real-time price action analysis involving WRB Analysis merged with your own trade methods, post real-time trades via WRB Analysis or talk about general market issues impacting today's price action involving stocks, futures, exchange traded funds or forex currencies as part of your
trade journal. 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.
This is
not a signal calling (trade alerts) room. Our free
chat room has
never been advertised as a trade alerts room and we
ban traders for attempting to use our
chat room as a signal calling trade alerts room for the purpose to mimic/copy/piggyback trades posted by any of our members.
With that said, thanks for
reviewing (reading) the below timestamped trades, price action analysis or market commentaries and we highly recommend you make reading of the chat logs (we use it to provide critical missing info for our broker statements) 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 ##TheStrategyLab free 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 Our
disclaimer statement applies to the website, forum, chat room and live screen sharing meeting
@ http://www.thestrategylab.com/Disclaimer.htmAttachment:
012920-TheStrategyLab-Chat-Room-Key-Markets.png [ 4.56 MiB | Viewed 250 times ]
click on the above image to view today's price action of key markets Bloomberg Markets: The Open Full Show (01/29/2020)
@ https://www.bloomberg.com/news/videos/2020-01-29/-bloomberg-the-open-full-show-1-29-2020-video [09:26:35] * Now talking in ##TheStrategyLab
[09:33:08] <wrbtrader> Good morning
[09:38:07] <wrbtrader> Shorts Emini ES @ 3288.75 -> large size
[09:38:10] <wrbtrader> 10 contracts
[09:38:50] <wrbtrader> Emini YM futures has too many long upper shadow intervals plus some chop...high risk trade due to that chop
[09:39:11] <wrbtrader> trailing @ profit
[09:39:29] <wrbtrader> increasing volatility
[09:41:29] <wrbtrader> Covered all Emini ES Short @ 3287.50 --> + 1.25
[09:41:32] <wrbtrader> WRB pt1 reached
[09:41:44] <wrbtrader> chop still there
[09:42:01] <wrbtrader> may be able to get a re-entry Short
[09:43:45] <wrbtrader> Shorts Emini ES @ 3288.00 -> large size
[09:43:54] <wrbtrader> 10 contracts
[09:43:59] <wrbtrader> re-entry
[09:46:40] <wrbtrader> chop starting to stabilize...
[09:46:45] <wrbtrader> increasing volatility
[09:47:33] <wrbtrader> small WRB pt1 reached
[09:47:55] <wrbtrader> most recent reaction low reached
[09:50:22] <wrbtrader> Covered all Emini ES Short @ 3282.75 --> + 5.25 [09:51:11] <wrbtrader> I didn't have time to comment about the declining Market Depth info
[09:51:32] <wrbtrader> chop now returned
[09:51:46] <wrbtrader> new support developed
[09:54:26] <wrbtrader> Still a chance the Eminis will try to fill their regular session Up gap
[09:54:52] <wrbtrader> It's this Up Gap I was trying to exploit
[09:55:13] <wrbtrader> Shorts Emini ES @ 3285.50 -> small size
[09:55:20] <wrbtrader> 2 contracts
[09:55:39] <wrbtrader> missed the 3284 re-entry price
[09:55:50] <wrbtrader> small WRB pt1 reached
[09:57:44] <wrbtrader> Covered all Emini ES Short @ 3278.25 --> + 7.25 [09:57:52] <wrbtrader> WRB pt2 reached
[09:58:28] <wrbtrader> Crazy...gap still not filled
[09:58:57] <wrbtrader> A little chop here...another support area made
[09:59:35] <wrbtrader> I will re-enter the Short again if / when it retest the support area of this chop
[10:00:33] <wrbtrader> Shorts Emini ES @ 3277.75 -> small size
[10:00:38] <wrbtrader> 1 contract
[10:01:01] <werner1>
all
[10:02:20] <wrbtrader> gap filled
[10:02:26] <wrbtrader> Covered Emini ES Short @ 3274.00 --> + 3.75
[10:02:38] <wrbtrader> WRB pt1 reached
[10:03:57] <wrbtrader> Hi werner
[10:04:09] <werner1>
[10:04:34] <wrbtrader> Alert: I'm trying to fix the password permissions for access to the free chat room.
[10:04:35] <werner1> news?
[10:05:37] <wrbtrader> When I get the password fixed...the only way someone can regain access is when they post a redacted screenshot of trade fills (simulator or real money) in their broker trade execution platform
[10:06:19] <werner1> is there i problem with the login?
[10:06:48] <wrbtrader> Yeah...news today is still the Coronavirus...must cities in China shut down...more deaths...more infections in other countries involving individuals that did not travel to China
[10:07:03] <wrbtrader> middle of big earnings week
[10:07:11] <werner1> ok thnx
[10:07:19] <wrbtrader> Apple, Boeing, Starbucks and many others
[10:11:25] <wrbtrader> Long Lower Shadow intervals trying hard
[10:11:37] <wrbtrader> Shorts Emini ES @ 3271.75 -> small size
[10:11:43] <wrbtrader> 1 contract
[10:12:00] <wrbtrader> trying hard to move down the range of those long lower shadow intervals
[10:13:05] <wrbtrader> Covered Emini ES Short @ 3271.50 --> + 0.25
[10:13:21] <wrbtrader> trail stop picked pocketed
[10:15:58] <wrbtrader> I have no supprt down in this area...will not be looking for any Long signals...
[10:16:04] <wrbtrader> Too much down pressure
[10:16:16] <werner1> indd
[10:16:24] <werner1> zero sup
[10:16:35] <wrbtrader> Yet, the same thing happen yesterday and it put in a strong bounce back upwards
[10:16:38] <wrbtrader> without me
[10:16:54] <werner1> can be
[10:18:22] <wrbtrader> Long Emini ES @ 3275.25 -> small size
[10:18:28] <wrbtrader> 1 contract high risk
[10:18:42] <wrbtrader> intuition trade
[10:19:28] <wrbtrader> Exited Emini ES Long @ 3274.50 --> - 0.75
[10:20:03] <wrbtrader> Shorts Emini ES @ 3274.00 -> small size
[10:20:06] <wrbtrader> 2 contracts
[10:20:15] <wrbtrader> range showing up
[10:21:22] <wrbtrader> Covered all Emini ES Short @ 3275.25 --> - 1.25
[10:21:28] <wrbtrader>
[10:21:49] <wrbtrader> Long Emini ES @ 3276.00 -> small size
[10:21:57] <wrbtrader> 3 contracts
[10:22:20] <wrbtrader> small WRB pt1 reached
[10:22:40] <wrbtrader> volatility contracting as the price action starts to range down here
[10:24:02] <wrbtrader> need a 3277.50 to clean out these most recent tough 3 trades
[10:26:55] <wrbtrader> geeesh
[10:27:14] <wrbtrader> Exited all Emini ES Long @ 3276.75 --> + 0.75
[10:27:34] <werner1> Shorts Emini NQ @ 9095.00
[10:27:35] <wrbtrader> shaken out
[10:28:00] <wrbtrader> Long Emini ES @ 3277.75 -> small size
[10:28:11] <wrbtrader> 3 contracts chasing
[10:28:13] <Trendtrader> long nq 9097.25 sim
[10:28:16] <wrbtrader> re-entry
[10:28:17] <werner1> Covered all Emini NQ Short @ 9098.00 --> - 3
[10:29:32] <wrbtrader> small WRB pt1 reached
[10:30:16] <wrbtrader> Exited all Emini ES Long @ 3279.00 --> + 1.25
[10:30:51] <wrbtrader> shaken out at the R area of its most recent Down WRB Hidden GAP interval
[10:31:59] <wrbtrader> I'm calling it quits right here...will now try to fix the password problem for the chat room
[10:32:23] <Trendtrader> o.k.
[10:32:43] <wrbtrader> then have an appointment with the eye doctor for new glasses
[10:33:03] <werner1> ok
[10:34:19] <Trendtrader> exit nq long 9102.25 +5 sim
[10:34:33] <werner1> vn
[10:36:43] <wrbtrader> Forgot to mention something very important...
[10:37:03] <wrbtrader> Today is FOMC statment day at 2pm est
[10:37:36] <wrbtrader> I've been listening to CNBC and Bloomberg audio...
[10:37:57] <wrbtrader> Not once did I hear them mention the words "FOMC Announcement"
[10:38:09] <wrbtrader> First time that's happen in about 10 years
[10:38:26] <wrbtrader> No hype nor news about a pending FOMC rate announcement
[10:39:04] <wrbtrader> Maybe all the news about Coronavirus, earnings season, AAPL, Boeing, Starbucks, Impeachment...
[10:39:19] <wrbtrader> Market has forgotten its a FOMC day
[10:39:44] <wrbtrader> Then again, maybe my Economic Calendar is wrong...not FOMC statement today
[10:40:54] <werner1> no not wrong
[10:41:06] <werner1> i see it also ..thnx
[10:46:17] <wrbtrader> CNBC just said for the first time today that its "FED Day"
[10:47:36] <werner1> nq near a 50% retrace
[11:06:30] <werner1> Shorts Emini NQ @ 9115.50
[11:08:31] <werner1> Covered all Emini NQ Short @ 9111.00 --> + 4.5[11:12:13] <werner1> Shorts Emini NQ @ 9112.75
[11:13:15] <werner1> Covered all Emini NQ Short @ 9110.75 --> + 2
[11:13:54] <werner1> brb
[11:21:47] <werner1> back
[11:30:06] <werner1> nq @ 61.8 retrace
[11:35:05] <werner1> Shorts Emini NQ @ 9121.50
[11:35:23] <werner1> Covered all Emini NQ Short @ 9114.00 --> + 7.5[11:35:36] <werner1> @wrb pt1
[11:38:38] <werner1> Shorts Emini NQ @ 1914.00
[11:39:09] <werner1> sorry
[11:39:33] <werner1> Shorts Emini NQ @ 9114.00
[11:39:49] <werner1> Covered all Emini NQ Short @ 9111.00 --> + 3
[12:38:46] <werner1> Long Emini NQ @ 9130.50
[12:39:36] <werner1> Exited all Emini NQ Long @ 91.32.50 --> + 91.32.50 - 9130.50
[12:39:55] <werner1> Exited all Emini NQ Long @ 9132.50 --> + 2
[12:53:42] <werner1> ok ...take care ..cya
Session Close
Bloomberg Markets: The Close' Full Show (01/29/2020)
@ https://www.bloomberg.com/news/videos/2020-01-30/-bloomberg-markets-the-close-fed-special-full-show-1-29-2020-video @ wrbtrader @ Frequently Asked Questions @ Risk Warnings @ Terms of Use Policy -----------------------
##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.
Quote:
The free chat room is not a signal calling trading room with a head trader telling you what to trade, when to buy or when to sell. In fact, we do not believe in the business model of a head trader telling other traders when to buy and sell. Its a flawed approach to trading and its a flawed substitution for mentoring in which a trader can not learn how to be a successful independent trader.
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
CME Emini RTY Futures (formerly ICE TF)
CBOT mini-sized Dow Futures YM
Micro E-mini Futures MES, MNQ, MYM and M2K
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 BZ/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.
Disclaimer: 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 and 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.htm Rebuttal to Mr. Emmett Moore Jr. via TheStrategyLab.com Review
@ http://www.thestrategylab.com/tsl/forum/viewtopic.php?f=84&t=3167 Review of Emmett Moore Jr. Tradingschools
@ http://www.thestrategylab.com/emmett-moore-jr-tradingschools-review.htm 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 Where did wrbtrader go? | Elite Trader
@ http://www.thestrategylab.com/ftchat/forum/viewtopic.php?f=161&t=2844Note: 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)
a.k.a. wrbtrader (more info about me):
http://www.thestrategylab.com/wrbtrader.htmTheStrategyLab Price Action Trading
@ http://twitter.com/wrbtrader @ http://stocktwits.com/wrbtrader @ https://www.tradingview.com/u/wrbtraderPhone: +1 224 307-4434
Business Hours: 8am - 5pm est (Mon - Fri)
Skype Messenger: kebec2002
wrbanalysis@gmail.com (24/7)