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##TheStrategyLab (located on the Freenode IRC network) is
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##TheStrategyLab chat room is is primarily designed for you to use as a
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Also, ##TheStrategyLab chat room is
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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
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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:
111714-Key-Price-Action-Markets.png [ 1.43 MiB | Viewed 263 times ]
click on the above image to view today's price action of key markets Session Start: Mon Nov 17 09:21:08 2014
Session Ident: ##TheStrategyLab
[09:21:08] * Now talking in ##TheStrategyLab
[09:21:08] * 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'[09:21:08] * Set by wrbtrader on Tue Feb 05 08:11:19
[09:21:08] ##TheStrategyLab url is
http://www.thestrategylab.com/tsl/forum/[09:23:11] <wrbtrader> late trade post from the overnight trading session...
[09:23:29] <wrbtrader> Exited all Emini TF Long @ 1169.20 --> - 2
[09:23:34] <wrbtrader> average
[09:32:05] <wrbtrader> Long Emini TF @ 1171.60 -> large size
[09:33:28] <wrbtrader> Exited 1/2 Emini TF Long @ 1173.70 --> + 2.1
[09:35:45] <wrbtrader> Exited Remainder Emini TF Long @ 1173.10 --> + 1.5
[09:36:50] <wrbtrader> Long Emini TF @ 1172.60 -> medium size
[09:37:04] <wrbtrader> 4+1 contracts
[09:37:53] <wrbtrader> Emini TF futures struggling in the 1173.00 price area
[09:38:46] <wrbtrader> In contrast, I thought it would bounce around in the 1174 price area
[09:40:55] <wrbtrader> Exited all Emini TF Long @ 1172.60 --> 0
[09:41:52] <wrbtrader> Long Emini TF @ 1173.70 -> medium size
[09:42:29] <wrbtrader> That's 3 consecutive shakeouts and then it moves higher
[09:42:42] <wrbtrader> re-entry
[09:42:54] <Tigerman__>
all
[09:43:10] <Tigerman__> lg iwm 116.89
[09:43:20] <wrbtrader> 3+2 contracts
[09:44:25] <wrbtrader> Exited Emini TF Long @ 1174.10 --> + 0.4
[09:44:29] <wrbtrader> Holding 2 contract remainders
[09:44:49] <Tigerman__> exita all 87 -2t
[09:44:51] <wrbtrader> Exited Remainder Emini TF Long @ 1173.70 --> 0
[09:44:56] <wrbtrader>
[09:45:19] <wrbtrader> Long Emini TF @ 1174.10 -> large size
[09:45:25] <wrbtrader> 6 contracts
[09:45:28] <wrbtrader> re-entry
[09:46:01] <Tigerman__> lg iwm 86
[09:46:10] <Tigerman__> again
[09:46:28] <tradermo> short ym 17585
[09:46:54] <wrbtrader> volatility just died
[09:47:01] <Tigerman__> yep
[09:47:12] <wrbtrader> lots of contraction showing up now
[09:48:06] <wrbtrader> Index has a little support from a few unfilled Up WRB Hidden GAP intervals but Emini TF itself does not
[09:48:33] <Tigerman__> exit all 84 -2t
[09:48:38] <Tigerman__> lost patience
[09:51:19] <Tigerman__> lg iwm 88
[09:51:36] <wrbtrader> Exited 1/2 Emini TF Long @ 1174.00 --> - 0.1
[09:51:46] <Tigerman__> it will the good one
[09:52:17] <wrbtrader> Exited Remainder Emini TF Long @ 1172.90 --> - 1.2
[09:52:20] <Tigerman__> exit all 80 -8 t
[09:52:34] <Tigerman__>
seems not
[09:52:49] <Tigerman__> anyway just penny size
[09:52:49] <tradermo> exit all ym 17585
[09:52:54] <Tigerman__> no trust this action
[09:52:58] <wrbtrader> re-test of the R area of the most recent Up WRB Hidden GaP interval
[09:52:58] <tradermo> wrong horse for long
[09:53:10] <tradermo> i mean short
[09:54:53] <wrbtrader> Shorts Emini TF @ 1172.60 -> medium size
[09:55:00] <wrbtrader> 4 contracts
[09:55:19] <wrbtrader> lowering my overall position size...more contraction in the volatilty showing up
[09:58:46] <wrbtrader> Covered all Emini TF Short @ 1172.00 --> + 0.6
[09:59:35] <wrbtrader> Shorts Emini TF @ 1172.60 -> large size
[09:59:44] <wrbtrader> 4+2 contracts
[09:59:46] <wrbtrader> re-entry
[10:01:30] <wrbtrader> Covered all Emini TF Short @ 1173.30 --> - 0.7
[10:01:56] <Tigerman__> lg iwm 116.80
[10:02:35] <Tigerman__> russel index seems stronger then Iwm
[10:03:36] <Tigerman__> exit all 72 -8t
[10:04:38] <wrbtrader> Shorts Emini TF @ 1172.00 -> large size
[10:04:49] <wrbtrader> 2+4+1 contracts
[10:06:12] <wrbtrader> when it moves...it moves fast...to fast to do re-entries
[10:06:29] <wrbtrader> Then it hits a wall and suddenly loses its volatility
[10:06:49] <Tigerman__> sh iwm 116.60
[10:07:54] <wrbtrader> Covered 1/2 Emini TF Short @ 1169.70 --> + 2.3
[10:08:09] <Tigerman__> exit 1/2 45 +15t
[10:11:20] <wrbtrader> Covered Emini TF Short @ 1168.60 --> + 3.4
[10:11:22] <wrbtrader> Holding 1 contract remainder
[10:12:06] <t4n_paper> this drop seems to have some pressure
[10:12:16] <Tigerman__> exit 1/4 rem at 116.34 +26 t
[10:14:02] <Tigerman__> exit all rem (1/4) at 116.40 +20t
[10:15:44] <tradermo> short iwm 116.51
[10:15:47] <tradermo> scaling in
[10:17:22] <tradermo> stop to breakeven 116.51
[10:19:15] <tradermo> exit all iwm 116.51
[10:26:31] <tradermo> short iwm 116.55
[10:35:12] <tradermo> stop to breakeven 116.55
[10:36:13] <Tigerman__> sh iwm 116.41 intuit
[10:40:15] <Tigerman__> exit 1/ 35 +6t
[10:43:04] <Tigerman__> exit all iwm 116.35 +6t
[10:43:16] <Tigerman__> nothing to do volatility
s
[10:43:51] <Tigerman__> I refuse to trade till something worth occurs
[10:45:07] <tradermo> exit all iwm 116.17
[10:46:14] <Tigerman__> wow what is difficult x me to accept is a spike in my favor after I exited ...
[10:47:14] <Tigerman__> sh iwm 116.13
[10:47:28] <tradermo> tf acting strange lately so good to be cautious
[10:47:57] <Tigerman__> exit 1/2 04 +9t
[10:48:53] <wrbtrader> Covered Remainder Emini TF Short @ 1166.00 --> + 6
[10:49:01] <wrbtrader> WRB pt3 reached
[10:51:13] <t4n_paper> just got back, nice pt3
[10:52:46] <Tigerman__> exit all rem 116.03 +10t
[11:03:36] <Tigerman__> sh iwm 116.14
[11:08:01] <Tigerman__> exit all 116.10 +4t
[11:08:07] <wrbtrader> Shorts Emini TF @ 1166.10 -> small size
[11:08:18] <wrbtrader> 3 contracts
[11:11:17] <Tigerman__> sh iwm 115.95
[11:11:20] <wrbtrader> Covered all Emini TF Short @ 1164.50 --> + 1.6
[11:11:24] <wrbtrader> WRB pt1 reached
[11:11:29] <Tigerman__> hope is not too late
[11:12:43] <Tigerman__> exit 1/2 92 +3t
[11:13:20] <Tigerman__> exit all 95 +0
[11:13:33] <Tigerman__> should exit all at first
[11:19:31] <@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.
[11:27:09] <@wrbtrader> Shorts Emini TF @ 1163.20 -> small size
[11:27:16] <@wrbtrader> 3 contracts
[11:27:20] <Tigerman__> sh 115.81 iwm
[11:27:42] <Tigerman__> miss 116.10 as short by distraction
[11:28:11] <Tigerman__> need to repeate that again..
[11:28:40] <Tigerman__> exit 1/2 78 +3 t
[11:28:46] <@wrbtrader> Covered all Emini TF Short @ 1163.00 --> + 0.2
[11:28:57] <Tigerman__> exit all 80 +1 t
[11:29:05] <@wrbtrader> Shorts Emini TF @ 1163.10 -> medium size
[11:29:10] <@wrbtrader> re-entry
[11:29:22] <@wrbtrader> 4 contracts
[11:29:48] <Tigerman__> sh iwm 79
[11:30:34] <tradermo> long iwm 115.72
[11:31:12] <Tigerman__> exit 1/2 72 +7t
[11:31:34] <@wrbtrader> Covered 1/2 Emini TF Short @ 1162.90 --> + 0.2
[11:31:48] <@wrbtrader> Covered Remainder Emini TF Short @ 1163.10 --> 0
[11:31:59] <Tigerman__> exit all 79 +0
[11:31:59] <tradermo> no panic, i am just scaling in
[11:32:13] <Tigerman__> ah ok
[11:32:14] <@wrbtrader> Shorts Emini TF @ 1163.50 -> medium size
[11:32:22] <@wrbtrader> 3+1 contracts
[11:32:28] <@wrbtrader> re-entry
[11:32:37] <Tigerman__> I ll re short if move again
[11:32:57] <tradermo> es 2030 would be key area for bull to hold
[11:33:14] <tradermo> bulls, assuming there is more than one
[11:35:07] <Tigerman__> my trading PC crashed
[11:35:20] <tradermo> bad timing !
[11:35:27] <Tigerman__> yeah
[11:35:59] <Tigerman__> simply it is time to buy a new one
[11:36:06] <Tigerman__> just reboot now
[11:37:42] <Tigerman__> this teach us to use brokers have orders resident on their servers
[11:37:52] <Tigerman__> ALWAYS use auto stop
[11:38:25] <Tigerman__> be good also have another pc ready
[11:39:31] <tradermo> yes, never rely on single machine, or isp, or broker, or powersupply
[11:39:35] <@wrbtrader> Covered 1/2 Emini TF Short @ 1163.40 --> + 0.1
[11:39:48] <@wrbtrader> Covered Remainder Emini TF Short @ 1163.30 --> + 0.2
[11:40:12] <Tigerman__> right tradermo
[11:40:54] <Tigerman__> of cource muyiple ridondancy have his cost
[11:41:02] <tradermo> especially here in cali we have occasional blackouts, but its better now
[11:41:50] <Tigerman__> here very rare power off
[11:42:08] <tradermo> yes, europe is better in many ways
[11:42:15] <Tigerman__> anyway I have my power backup
[11:42:26] <@wrbtrader> Shorts Emini TF @ 1163.50 -> small size
[11:42:34] <@wrbtrader> 1 contract
[11:42:36] <@wrbtrader> re-entry
[11:43:24] <Tigerman__> ok I m ready again everything works
[11:43:37] <tradermo> market volume is a bit better than last week today but still below average
[11:43:52] <Tigerman__> very strange ... that crash never occured before
[11:44:44] <Tigerman__> simply suddently all pc video output off while HD and fan was ok
[11:45:06] <@wrbtrader> Covered Emini TF Short @ 1164.50 --> - 1.0
[11:45:10] <Tigerman__> anyway christmas is near ..
[11:46:40] <tradermo> stop to breakeven 115.72
[11:47:44] <@wrbtrader> Shorts Emini TF @ 1164.10 -> small size
[11:47:53] <@wrbtrader> 2 contracts
[11:47:59] <@wrbtrader> re-entry
[11:48:01] <@wrbtrader> intuition
[11:49:14] <@wrbtrader> Covered all Emini TF Short @ 1164.80 --> - 0.7
[11:52:51] <tradermo> iwm has retraced big down wrb hg - others are weaker now
[11:54:17] <tradermo> exit all iwm 116.05
[11:57:37] <TradeSnake______> Short GC @ 1183.0
[12:05:38] <@wrbtrader> Shorts Emini TF @ 1164.20 -> small size
[12:05:50] <@wrbtrader> 2 contracts
[12:11:35] <@wrbtrader> Covered all Emini TF Short @ 1164.90 --> - 0.7
[12:19:07] <tradermo> short iwm 116.05
[12:28:58] <tradermo> adding to iwm short 116.15
[12:29:37] <tradermo> stop 116.42
[12:48:59] <tradermo> stop to 116.57
[12:49:15] <tradermo> may need slightly higher high in es
[12:49:57] <Tigerman__> lg iwm 116.25
[12:50:09] <Tigerman__> action very slow
[12:50:29] <Tigerman__> if not move fast I exit soon
[12:52:13] <tradermo> big guys not selling yet, need to see what happens after lunch
[12:53:45] <Tigerman__> exit all at 116.26 +1 tk
[13:04:18] <tradermo> stop to 116.16
[13:13:25] <tradermo> removing stop
[13:18:32] <tradermo> adding to iwm short 116.25
[13:19:02] <tradermo> stop to 116.57 - back later
[13:46:00] <tradermo> exit 1/3 iwm 116.08
[13:47:02] <tradermo> exit half iwm 116.01
[13:49:02] <tradermo> exit rem iwm 115.96
[13:50:40] <@wrbtrader> Shorts Emini TF @ 1164.50 -> medium size
[13:50:54] <@wrbtrader>
[13:50:57] <@wrbtrader>
[13:51:15] <tradermo> i think i exited a bit too early
[13:51:56] <Tigerman__> take care all see next time
[13:52:17] <tradermo> big guys seem to be back already, a bit early
[13:53:11] <@wrbtrader> Covered all Emini TF Short @ 1164.40 --> + 0.1
[14:08:33] <TradeSnake______> Flat GC @ 1187.0 --> -4,0
[15:16:19] <@wrbtrader> Shorts Emini TF @ 1163.90 -> small size
[15:16:26] <tradermo> long es 2037.75
[15:16:48] <@wrbtrader> 2 contracts
[15:18:13] <@wrbtrader> Covered all Emini TF Short @ 1164.00 --> - 0.1
[15:18:20] <@wrbtrader> geeesh
[15:18:35] <@wrbtrader> WRB Analysis -> - Chat room for day traders, swing traders, position traders using concepts from WRB Analysis such as contracting volatility, key market event (KME), reaction high/low, WRB, WRB Hidden GAP, WRB Zone, WRB pt levels to help improve understanding of the price action their trading and/or improve the performance of their trade signal strategies while price action trading. WRB Analysis free study guide @
http://www.thestrategylab.com/tsl/forum ... =119&t=718 or
http://www.twileshare.com/user/wrbtrader [15:19:29] <tradermo> stop to breakeven 2037.75
[15:19:37] <@wrbtrader> Shorts Emini TF @ 1164.20 -> small size
[15:19:44] <@wrbtrader> re-entry
[15:19:50] <@wrbtrader> 3 contracts
[15:20:12] <tradermo> exit all es 2037.75
[15:20:30] <@wrbtrader> I've been making a few mistakes today with my order placements...
[15:20:50] <@wrbtrader> enough to make it frustrating on 5 trades today
[15:21:16] <@wrbtrader> costing me about 12 ticks
[15:27:28] <@wrbtrader> Covered all Emini TF Short @ 1164.20 --> 0
[15:27:54] <@wrbtrader> Long Emini TF @ 1164.20 -> small size
[15:28:03] <@wrbtrader> 1+1 contracts
[15:28:30] <@wrbtrader> -4 point stop and will hold this into the regular session close
[15:28:50] <@wrbtrader> Will then decide if I'm going to swing trade this...assuming the stop has not been hit
[16:00:01] <tradermo> gap up is a good bet, at least for ES, bye bye
[17:07:37] <@wrbtrader> Exited all Emini TF Long @ 1164.40 --> + 0.2
[17:08:19] <@wrbtrader> Take care all and see all all tomorrow
Session Close: Mon Nov 17 19:41:17 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
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