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 Post subject: March 27th Friday - Futures, Forex, Stocks and ETFs
 Post Posted: Fri Mar 27, 2015 8:00 pm 
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Trader / Forum Admin

Joined: Tue Dec 16, 2008 1:02 am
Posts: 3326
Location: Canada
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)
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=164

Attachment:
032715-Key-Price-Action-Markets.png
032715-Key-Price-Action-Markets.png [ 1.04 MiB | Viewed 313 times ]

click on the above image to view today's price action of key markets

Session Start: Fri Mar 27 09:23:14 2015
Session Ident: ##TheStrategyLab
[09:23:14] * Now talking in ##TheStrategyLab
[09:23:14] * 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'
[09:23:14] * Set by wrbtrader on Fri Dec 26 09:39:03 2014
[09:23:15] ##TheStrategyLab url is http://www.thestrategylab.com/tsl/forum/
[09:35:12] <wrbtrader> KMEs @ 1000am and 1545pm est
[09:36:17] <Corner> Oh, the Lady speaks on the rush hour :-)
[09:41:53] <Corner> GC and CL declining, USD holding steady
[09:51:46] <wrbtrader> Emini futures crappy price action
[10:04:19] <rwbil001> CL and GC great price action. Just sent you my CL trade
[10:52:02] <rwbil001> TF 1 min back in tight consolidation; waiting for big Break Out
[10:53:37] <futurestrack> Is TF 1min in a WRB-HG zone now? My chart shows that I think.
[10:57:27] <rwbil001> we can only discuss chapter 2 or chapter 3 zones here and chapter 3 based on your Trade Signal
[11:00:10] <wrbtrader> You can discuss any of the following in here
[11:00:25] <wrbtrader> 1) WRB Analysis free study guide
[11:00:35] <wrbtrader> 2) FVB basci trade signal strategy
[11:01:18] <wrbtrader> 3) Your personal trade strategies
[11:01:34] <wrbtrader> 4) General Market commentaries
[11:02:07] <wrbtrader> If you forgot...just re-read the email you got that I sent to you when you first became a member of the chat room
[11:03:40] <wrbtrader> To be specific...any of the following...
[11:04:08] <futurestrack> Sorry, really I was asking about my understanding of material from Chapter 2.
[11:04:42] <futurestrack> In my DOK for Chapter 2 I posted a chart showing the bars before and after a KME
[11:05:31] <wrbtrader> You talking about an old DOK or a new DOK
[11:05:35] <wrbtrader> ?
[11:05:48] <futurestrack> So we had a KME this morning at 10 and I thought the zone was still valid.
[11:06:28] <wrbtrader> What was the price action definition you used for your WRB Zone in chapter 2 ?
[11:07:47] <futurestrack> Sorry, don't understand that. I look for reaction low before the news then the first WRB-HG that is past that point after the reversal.
[11:08:08] <futurestrack> My DOK for chapter 2 is here. http://www.thestrategylab.com/tsl/forum ... &mode=view
[11:09:12] <wrbtrader> The question is...
[11:09:13] <futurestrack> I thought today's news produced something pretty similar, with a zone between 29.4 and 31.2
[11:09:25] <wrbtrader> involving that chart...
[11:09:50] <wrbtrader> Is it a swing point 1, swing point 2, strong continuation 1 or strong continuation 2 price action WRB Zone ?
[11:10:09] <wrbtrader> Chapter 2 discusses each in great detail
[11:10:23] <futurestrack> Oh dear, I guess you got me. It's continuation, but I don't remember if it's 1 or 2.
[11:10:46] <wrbtrader> On your chart...you did something wrong as specifically stated at the forum
[11:11:06] <wrbtrader> You didn't use the required "first WRB Hidden GAP" interval
[11:11:10] <futurestrack> Yes, I know... I replied to that. I marked two HGs as potential zone but only the 1st is valid.
[11:11:28] <wrbtrader> Instead, you traveled down the price action and called something else a WRB Zone
[11:11:58] <wrbtrader> Only the first WRB Hidden GAP interval (as stated in the chapter 2) can be used as a WRB Zone.
[11:12:10] <wrbtrader> If it doesn't qualify as a Zone...
[11:12:13] <wrbtrader> Its done
[11:12:29] <wrbtrader> You need to wait for a new KME
[11:12:54] <futurestrack> Right, but when I look at today's TF I wanted to try again (this isn't that easy for me). I'll post my chart for today on the forum later.
[11:13:44] <Tigerman__> gm all
[11:13:58] <wrbtrader> In today's price action...you only need to determine which one of those price action definitions qualifies your first WRB Hidden GAP interval as a WRB Zone
[11:14:12] <wrbtrader> Basically, if its not easy...
[11:14:30] <Tigerman__> late start x me today too busy before ( and too tired )
[11:14:34] <wrbtrader> You need 4 papers on your desk...
[11:14:39] <Tigerman__> miss a good short move
[11:14:44] <Corner> gm tigerman
[11:14:47] <wrbtrader> Each with one of those price action definitions
[11:14:57] <wrbtrader> Each with all the rules as a checkbox
[11:14:58] <Tigerman__> hi corner
[11:15:13] <wrbtrader> That's it
[11:15:34] <wrbtrader> Simply, don't sit there and try to memorize it unless you think you're a genius
[11:16:20] <futurestrack> Right... thanks everyone. have a great weekend!
[11:36:51] <Tigerman__> sh nq 4317.25
[11:38:10] <Tigerman__> exit 2/3 4316.25 +4tk
[11:38:32] <Tigerman__> exit all rem 4317 +1t
[12:14:14] <Tigerman__> sh nq 4309.25
[12:15:13] <Tigerman__> exit all at 4309 +1 t
[12:15:26] <Tigerman__> too low vola
[12:15:30] <Tigerman__> nothing new
[12:15:53] <Tigerman__> take care all have a safe weekend see all next week
[13:03:03] <wrbtrader> key markets today not insync
[13:03:34] <wrbtrader> volatility movements in one market does not result in increasing volatility in other markets
[13:03:45] <wrbtrader> overall, not good trading conditions
[13:39:15] <wrbtrader> Reminder: New password will be release on Monday March 30th. Please get the new password from the forum.
[13:40:10] <wrbtrader> If you no longer have access to the password...its because you've been removed from the access list due to logging into the chat room too many days while NOT discussing anything about trading or WRB Analysis
[13:40:28] <wrbtrader> Yet, you can still talk to me via Skype...my user name is kebec2002
[13:41:06] <wrbtrader> I just don't want anyone using ##TheStrategyLab and not saying anything about trading.
[13:41:46] <wrbtrader> In the past, these are the same individuals that claim the chat room wasn't helpful even though they never asked for help, never started any conversations.
[13:42:22] <wrbtrader> Once again, my user name is kebec2002 and you can talk to me about WRB Analysis
[13:50:44] <wrbtrader> SPY chart is a gu
[13:50:50] <wrbtrader> is a ugly mess
[13:51:15] <rwbil001> TF finally breaking out of consolidation 1 min chart
[13:51:33] <rwbil001> with 2 WRB HGs
[14:55:18] <wrbtrader> Wow...its as if the key participants in the Emini futures went home or jumped on Crude Oil CL futures
[14:56:57] <Corner> CL keeps me at here :-)
[15:48:02] <Corner> KME - speach script out
[16:00:37] <wrbtrader> I was hoping volatility would show up around 3:30pm est
[16:00:56] <wrbtrader> it didn't happen until 3:57pm est
[16:02:15] <wrbtrader> Take care all and have a nice weekend
[16:02:28] <Corner> Take care and thank you
[20:58:07] * Disconnected
Session Close: Fri Mar 27 20:58:07 2015

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

##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:

Image CME Emini Futures EMD, ES and NQ

Image ICE Emini TF Futures (formerly CME ER2)

Image CBOT mini-sized Dow Futures YM

Image Eurex Index Derivatives (futures) DAX and DJ Euro Stoxx50

Image Eurex Fixed Income Derivatives (futures) BUND, BOBL and Schatz

Image Euronext Futures FTSE-100 and CAC-40

Image CME Futures EuroFX 6E and EC

Image Treasury Futures T-Notes ZT, ZN, ZF and T-Bonds ZB

Image Forex Currencies Gbp/Usd, Eur/Usd, Eur/Yen, Usd/Cad, Xau/Usd and Xag/Usd

Image Exchange Traded Funds VXX, DIA, IWM, QQQ, SPY, BGU, FAS, FAZ, TNA, OIH, XLE and GLD

Image NYMEX Energy Futures Light Crude Oil CL, Brent Crude Oil BRN, e-miNY QM and Natural Gas NG

Image COMEX Metal Futures Gold GC, mini-Gold YG, Copper HG and Silver SI

Image S&P CNX NIFTY Futures

Image 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
Image@ 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.com
Go Back To TheStrategyLab.com Homepage


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