Price Action Trading (no technical indicators)
Phone: +1 708 572-4885
Free Chat Room:
http://www.thestrategylab.com/tsl/forum/viewforum.php?f=164Business Hours: 8am - 5pm est (Mon - Fri)
questions@thestrategylab.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.
Quote:
The chat room is only for traders learning or applying concepts of WRB Analysis. In addition, traders that use ##TheStrategyLab are required to post either one WRB Analysis price action commentary involving any key concept from the free study guide, one real-time trade or one general trading related commentary per day they log-in to the chat room. Yet, if the trader decides to post real-time trades (simulator or real-money)...the trades must be clear (not ambiguous) entry price/exit price and position size. Traders that consistently log-in and not post any price action commentary involving WRB Analysis or post ambiguous trades will be KICKED (removed) from the chat room. Exceptions to the chat room participation rule involves those traders that are actively posting elsewhere at TheStrategyLab.com (e.g. DOKs at their support forum in the public area or within their private threads)...these traders are then allowed to not participate in the chat room if that's what they prefer to do instead of asking for help with real-time WRB Analysis.
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=164Attachment:
082914-Key-Price-Action-Markets.png [ 1.14 MiB | Viewed 664 times ]
click on the above image to view today's price action of key markets Session Start: Fri Aug 29 09:13:00 2014
Session Ident: ##TheStrategyLab
[09:13:00] * Now talking in ##TheStrategyLab
[09:13:00] * Topic is 'Chat room only for traders using WRB Analysis (WRBs, WRB Hidden GAPs, WRB Zones) for day trading, swing trading or position trading. | WRB Analysis free study guide @
http://www.thestrategylab.com/tsl/forum ... 119&t=718'[09:13:00] * Set by wrbtrader on Tue Feb 05 08:11:19
[09:13:01] ##TheStrategyLab url is
http://www.thestrategylab.com/tsl/forum/[09:28:00] <Tigerman__>
all
[09:28:05] <Titus9631>
[09:28:25] <robbin_banks>
everyone
[09:28:33] <tradermo__>
[09:28:41] <robbin_banks> its gonna b a good guys!!!
[09:32:04] <tradermo__> short iwm 116.14
[09:32:15] <Tigerman__> Hi guys I ask something I noted on my charts
[09:33:16] <Tigerman__> in some data vendor are printed in strange way .... for example I have a doji also when in that bar the open is > close !!!!![ both E-signal (delay) and TOS real time in contrast IB feed seems good at those time , but wrong on others
[09:34:11] <robbin_banks> my esignal does the same thing tiger..dont know why
[09:35:12] <tradermo__> stop to breakeven 116.14
[09:36:45] <tradermo__> exit all iwm 116.14
[09:37:49] * wrbtrader: You're not a channel operator
[09:38:24] <tradermo__> short ym 17082
[09:39:01] <@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.
[09:40:33] <tradermo__> stop to breakeven 17082
[09:40:56] <@wrbtrader> Shorts Emini TF @ 1166.40 -> large size
[09:42:24] <tradermo__> exit all ym 17082
[09:42:42] <tradermo__> spike
[09:43:22] <@wrbtrader> Covered all Emini TF Short @ 1166.30 --> + 0.1
[09:44:51] <tradermo__> strange upspikes today, need to be carefull
[09:47:04] <@wrbtrader> Shorts Emini TF @ 1164.70 -> large size
[09:47:35] <tradermo__> long nq 4073.50
[09:47:37] <@wrbtrader> re-entry and not where I want it at
[09:47:46] <Tigerman__> [15:33] <robbin_banks> my esignal does the same thing tiger..dont know why robbin do you use the E-signal charts or other sofware feeded via Esignal
[09:48:07] * norm_ was kicked by wrbtrader (norm_)
[09:50:27] <robbin_banks> esignal charts
[09:50:54] <@wrbtrader> Covered all Emini TF Short @ 1164.10 --> + 0.6
[09:54:20] <Cayden> have a great trading day and more importantly a great weekend- i gotz to go
[10:45:13] <tradermo__> exit all nq 4070
[10:45:23] <tradermo__> will try to reenter lower
[10:53:05] <lightenup> Long TF @ 1167.0
[10:56:17] <lightenup> Flat TF @ 1167.20 +.2
[11:06:03] <robbin_banks> have a great weekend all...see ya tuesday
[11:10:56] <TradeSnake____> I'm off for the rest of the day. Have a great weekend everyone!
[11:11:21] <@wrbtrader> Long Emini TF @ 1169.50 -> medium size
[11:11:39] <@wrbtrader> 4 contracts
[11:13:42] <@wrbtrader>
[11:13:44] <@wrbtrader> geeesh
[11:14:17] <@wrbtrader> Exited all Emini TF Long @ 1170.00 --> + 0.5
[11:15:35] <@wrbtrader> I was suppost to be Long in ES at the same time...couldn't get the order in
[11:43:03] <Tigerman__> take care all see all next week
[12:18:19] <@wrbtrader> Shorts Emini TF @ 1169.50 -> small size
[12:19:18] <@wrbtrader> The last week of August and the first two weeks of September are "typically" low volatility trading days...
[12:19:56] <@wrbtrader> Relates to the start of school for most students...students that have a parent that works in the financial markets
[12:20:37] <@wrbtrader> Simply, its a busy time and traders are a little busy (days off, 1/2 days off, parent/teachers meetings)
[12:21:09] <@wrbtrader> Also, college students that were trading in the summer...they're back to school too
[12:21:52] <@wrbtrader> Reason why you see trader forum activity lower during school days in comparison to the summer
[12:27:43] <@wrbtrader> Oil in N.Y. Set for First Weekly Gain in Six on Economy (Bloomberg) @
http://www.bloomberg.com/news/2014-08-2 ... onomy.html [12:28:31] <@wrbtrader> Covered Emini TF Short @ 1169.90 --> - 0.4
[15:21:07] <@wrbtrader> Not much happening here...
[15:22:00] <@wrbtrader> I'm glad the month of August is completed...I crawled to the end but I was also very tired as stated earlier in the month that I would take it "very slow" this month.
[15:22:03] <@wrbtrader> I did.
[15:22:22] <@wrbtrader> Take care all and see on next week...wi
[15:22:39] <@wrbtrader> I will go back to normal aggressive trading style for the month of September
[15:23:21] <tradermo__> sounds good, good weekend to all
[15:23:39] <lightenup> Thanks. Have a good weekend
Session Close: Fri Aug 29 17:43:36 2014
Session Start: Fri Aug 29 17:43:36 2014
Session Ident: ##TheStrategyLab
[17:43:36] * Disconnected
[17:43:50] * Attempting to rejoin channel ##TheStrategyLab
[17:43:56] * Rejoined channel ##TheStrategyLab
[17:43:56] * Topic is 'Chat room only for traders using WRB Analysis (WRBs, WRB Hidden GAPs, WRB Zones) for day trading, swing trading or position trading. | WRB Analysis free study guide @
http://www.thestrategylab.com/tsl/forum ... 119&t=718'[17:43:56] * Set by wrbtrader on Tue Feb 05 08:11:19
[17:43:56] -ChanServ- [##TheStrategyLab] Chat room for day traders, swing traders, position traders using concepts from WRB Analysis to help improve the performance of their trade signal strategies. WRB Analysis free study guide @
http://www.thestrategylab.com/tsl/forum ... =119&t=718[17:43:56] ##TheStrategyLab url is
http://www.thestrategylab.com/tsl/forum/Session Close: Fri Aug 29 17:56:06 2014
-------------------------
##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 and Usd/Cad
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
intradaystrategies@yahoo.com questions@thestrategylab.comGo Back To TheStrategyLab.com Homepage