##TheStrategyLab Price Action Chat Room Logs

[09:15:56] * Now talking in ##TheStrategyLab
[09:32:19] <wrbtrader> crazy or scary opening again
[09:32:35] <Tigerman______> all
[09:32:36] <werner1> indd
[09:32:48] <werner1> tigerman
[09:32:55] <Tigerman______> hi
[09:33:07] <Tigerman______> yeah not a nice open
[09:33:11] <asuni> hi Tigerman, hi wrbtrader
[09:33:29] <wrbtrader> Long Emini ES @ 3691.00 -> large size
[09:33:40] <wrbtrader> 10 contracts
[09:33:43] <wrbtrader> early entry
[09:34:49] <wrbtrader> ES on another planet
[09:35:43] <Tigerman______> Lg ES 3691
[09:35:53] <wrbtrader> Exited all Emini ES Long @ 3691.00 --> 0
[09:36:41] <wrbtrader> I thought it would run with NQ but it decided to sit down after the first few steps
[09:36:47] <Tigerman______> exit all @ 3691.25 +.25
[09:38:38] <Tigerman______> up/down long tail in ES
[09:39:22] <Tigerman______> I have to wait x something better this stuff
[09:40:19] <Tigerman______> NQ fight against the others
[09:41:57] <werner1> Long Emini NQ @ 12564.25
[09:42:14] <werner1> Exited all Emini NQ Long @ 12569.75 --> + 5.5
[09:42:49] <wrbtrader> Long Emini ES @ 3691.00 -> large size
[09:42:59] <wrbtrader> 10 contracts re-entry
[09:43:02] <wrbtrader> intuition
[09:45:15] <wrbtrader> Exited all Emini ES Long @ 3691.00 --> 0
[09:50:42] <wrbtrader> Shorts Emini ES @ 3690.25 -> large size
[09:50:52] <wrbtrader> 10 contracts
[09:51:40] <wrbtrader> NQ testing the S area of its most recent contracting volatility intervals
[09:52:20] <wrbtrader> Covered all Emini ES Short @ 3689.50 --> + 0.75
[09:52:32] <Tigerman______> SH ES 3690
[09:52:38] <Tigerman______> med size
[09:53:24] <Tigerman______> exit 3689.50 +.50
[09:56:16] <wrbtrader> Long Emini ES @ 3689.00 -> large size
[09:56:18] <wrbtrader> 10 contracts
[09:56:27] <wrbtrader> intuition
[09:59:10] <wrbtrader> Exited all Emini ES Long @ 3693.00 --> + 4
[09:59:31] <wrbtrader> WRB pt1 reached on the manipulation occurring within Emini ES
[09:59:57] <Tigerman______> yeah good I was too suspictios so I skipped
[10:07:39] <wrbtrader> Long Emini ES @ 3692.25 -> large size
[10:07:43] <wrbtrader> 10 contracts
[10:08:02] <wrbtrader> moving up the range of Long Upper Shadow interval...trying too
[10:10:39] <wrbtrader> Exited all Emini ES Long @ 3693.50 --> + 1.25
[10:10:49] <wrbtrader> small WRB pt1
[10:11:19] <wrbtrader> very little correlation today within the Emini futures
[10:12:16] <Tigerman______> yep
[10:21:45] <wrbtrader> Shorts Emini ES @ 3693.25 -> large size
[10:21:51] <wrbtrader> 10 contracts intuition
[10:22:35] <wrbtrader> Covered all Emini ES Short @ 3693.00 --> + 0.25
[10:23:09] <wrbtrader> You know its a bad trade when you enter a trade and then immediately plan to reduce your trade loss
[10:23:26] <werner1> yep
[10:23:39] <wrbtrader> lucky to escape this one with a +0.25 profit
[10:28:52] <werner1> Shorts Emini NQ @ 12593.50
[10:30:17] <wrbtrader> The past weeks since the U.S. elections...the price action has become worst to trade as each trading day passes
[10:30:28] <werner1> Covered all Emini NQ Short @ 12587.00 --> + 6.5
[10:30:35] <Tigerman______> yeah I stronly agreed on that
[10:31:48] <Tigerman______> seems big folks wait after vaccine delivery to people
[10:32:06] <Tigerman______> or just new Algos way to mix cards
[10:32:48] <Tigerman______> markets are at max nevertheless real economy in not such a great shape
[10:33:30] <Tigerman______> so January 2021 can reveal something more
[10:33:46] <wrbtrader> Yeah...the more disconnect between the Financial Markets and the Economy...
[10:34:01] <wrbtrader> The worst the price action becomes for short term traders
[10:34:32] <wrbtrader> It has always been that way
[10:56:51] <werner1> Long Emini NQ @ 12592.50
[10:57:21] <werner1> Exited all Emini NQ Long @ 12598.50 --> + 6
[11:03:40] <werner1> ok done ...take care ...cya
[11:03:49] <asuni> BYE
[11:09:44] <wrbtrader> Long Emini ES @ 3695.00 -> small size
[11:09:56] <wrbtrader> 3 contracts
[11:17:42] <wrbtrader> Long Lower Shadow interval in a bad area to be trying to bring down the price action
[11:20:15] <wrbtrader> Covered Emini ES Short @ 3693.25 --> + 1.75
[11:20:15] <wrbtrader> Reverse and Enter Long Emini ES @ 3693.25
[11:20:31] <wrbtrader> ??
[11:20:46] <wrbtrader> I'm Short 10 contracts
[11:21:11] <wrbtrader> Shorts Emini ES @ 3693.25 -> large size
[11:21:23] <wrbtrader> 10 contracts
[11:22:30] <wrbtrader> Prior Long position -1.75
[11:23:30] <wrbtrader> not sure what killed the volatility today
[11:25:07] <wrbtrader> I'm now expecting a volatility spike here soon
[11:25:39] <wrbtrader> setup by that recent strange quick snapback Up
[11:27:46] <wrbtrader> Covered Emini ES Short @ 3694.00 --> - 0.75
[11:27:46] <wrbtrader> Reverse and Enter Long Emini ES @ 3694.00
[11:28:07] <wrbtrader> punks
[11:29:55] <wrbtrader> still no volatility spike
[11:30:50] <wrbtrader> Exited all Emini ES Long @ 3694.50 --> + 0.5
[11:33:46] <wrbtrader> still stuck inside the range of the most recent Down WRB Hidden GAP interval 1min chart
[11:38:07] <wrbtrader> tight 2.75 range
[11:38:55] <Tigerman______> yep a no trade action
[11:52:21] <wrbtrader> S area broken again
[11:52:52] <wrbtrader> Shorts Emini ES @ 3693.25 -> large size
[11:53:00] <wrbtrader> 10 contracts
[11:55:06] <wrbtrader> WRB pt1 reached
[11:55:47] <wrbtrader> Covered all Emini ES Short @ 3691.25 --> + 2
[11:56:51] <wrbtrader> Glad I stayed focused on the s/r areas of that most recent Down WRB Hidden GAP interval
[11:57:41] <wrbtrader> Was starting to believe the price action was going to be stuck in that range for the rest of the trading day
[11:58:08] <wrbtrader> Be back later...earned a long lunch break
[12:06:51] <Tigerman______> take care all see next time
[12:06:58] <asuni> BYE
[15:59:09] <wrbtrader> Long Emini ES @ 3690.50 -> large size
[15:59:16] <wrbtrader> 10 contracts
[16:00:04] <wrbtrader> Exited all Emini ES Long @ 3692.00 --> + 1.5
[16:00:20] <wrbtrader> small WRB pt1 reached
[16:01:23] <wrbtrader> Amazing how ES hit a wall in that key WRB Zone that started around 12:52pm est
[16:01:36] <wrbtrader> Take care all and see all tomorrow
Session Close

Bloomberg Markets: The Close' Full Show (12/07/2020) @ https://www.bloomberg.com/news/videos/2020-12-08/-bloomberg-markets-the-close-full-show-12-07-2020-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.


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

TheStrategyLab Review about Dr. Dean Handley @ http://www.thestrategylab.com/dr-dean-handley-review.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=2844

Trolls Review @ http://www.thestrategylab.com/trolls-review.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)
a.k.a. wrbtrader (more info about me): http://www.thestrategylab.com/wrbtrader.htm
TheStrategyLab Price Action Trading
@ http://twitter.com/wrbtrader @ http://stocktwits.com/wrbtrader
@ https://www.tradingview.com/u/wrbtrader

Phone: +1 224 307-4434
Business Hours: 8am - 5pm est (Mon - Fri)
Skype Messenger: kebec2002
wrbanalysis@gmail.com (24/7)