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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.
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@ http://www.thestrategylab.com/tsl/forum/viewforum.php?f=164Attachment:
040815-Key-Price-Action-Markets.png [ 1.12 MiB | Viewed 306 times ]
click on the above image to view today's price action of key markets Session Start: Wed Apr 08 08:31:44 2015
Session Ident: ##TheStrategyLab
[08:31:45] * Now talking in ##TheStrategyLab
[08:31:45] * 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'[08:31:45] * Set by wrbtrader on Fri Dec 26 09:39:03 2014
[08:31:45] ##TheStrategyLab url is
http://www.thestrategylab.com/tsl/forum/[09:33:01] <wrbtrader> Good morning all...lots of Down WRB Hidden GAP intervals in the Emini Futures yesterday on the regular session chart
[09:33:42] * ChanServ sets mode: +o wrbtrader
[09:33:44] <Corner> Good morning all
[09:34:05] <@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.
[09:35:07] <Tigerman__>
all
[09:38:39] <Corner> No WRB in the REG Session ES mini 1min until now... (at least on my chart)
[09:39:45] <rwbil001> cl Tight trading range most of the morning; guess waiting for inventory. .66 ADR so far today
[09:41:41] <Tigerman__> TF moves higher in up trend
[09:48:56] <Tigerman__> nice move on NQ too
[09:49:05] <Tigerman__> just miss a nice entry
[09:49:22] <Tigerman__> now too risky enter
[09:50:31] <futurestrack> Corner... I still don't have a wrb on es 1m
[09:51:36] <Corner> fs - first just came in on 9:51
[09:52:01] <Corner> strange price action...
[09:53:05] <Tigerman__> hi corner what is trange x you
[09:53:22] <futurestrack> yup
[09:54:11] <Corner> ES mini creeping higher without volatility breakouts
[09:55:28] <Tigerman__> ah in reality there is in different frames
[09:56:09] <Tigerman__> but today is nice ... I recall months ago go straith higher with really no volatility
[09:56:50] <Corner> I know. But this looks unemotional to me... I want panic or buy panic! Looks like algo trading
[09:56:53] <TradeSnake> KME today @ 10:30 am EST Crude Oil Inventories AND @ 2:00 pm EST FOMC Meeting Minutes
[09:58:05] <Tigerman__> ah yes more volatility is better but is so rare these days
[09:58:37] <rwbil001> if CL or GC gets and slower I might fall asleep
[09:58:49] <rwbil001> any
[10:03:53] <@wrbtrader> Shorts Emini ES @ 2077.50 -> large size
[10:06:27] <@wrbtrader> Short Emini TF futures @ 1255.90 small size ---> 2 contracts
[10:06:48] <Corner> ES mini tested S area of yesterdays WRB HG
[10:07:10] <Corner> Reaction high in the same area
[10:07:43] <@wrbtrader> Covered all Emini ES Short @ 2078.25 --> - 0.75
[10:08:31] <TradeSnake> Short GC @ 1206.5
[10:08:33] <@wrbtrader> Exit Emini TF futures 1256.90 ---> -1.00
[10:08:54] <Corner> EUR.USD and GC dropping now
[10:09:01] <@wrbtrader> Emini ES was 10 contracts
[10:09:12] <TradeSnake> Covered CG @ 1205.5 --> +1.0
[10:09:19] <@wrbtrader> I'm not willing to push the size hard in this price area
[10:10:18] <TradeSnake> had a sell stop entry @ 1207.0 and was skidded by 5 ticks! still go my pt tho...
[10:13:25] <@wrbtrader> Shorts Emini ES @ 2077.25 -> large size
[10:13:33] <@wrbtrader> re-entry
[10:14:10] <@wrbtrader> Short Emini TF futures @ 1256.30 small size ---> 2 contracts
[10:14:15] <@wrbtrader> re-entry
[10:16:47] <@wrbtrader> Cover Emini TF futures 1256.20 ---> +0.10
[10:16:51] <@wrbtrader>
[10:20:15] <@wrbtrader> still no WRB pt1 in Emini ES futures
[10:20:26] <@wrbtrader> Its just creeping lower on contracting volatility
[10:23:28] <futurestrack> I have a wrb at 10:18 on the 1m
[10:23:46] <futurestrack> we're back at the top of it now
[10:24:13] <mtntrader> ES?
[10:24:50] <futurestrack> yes... es Sorry that's 2min bars.
[10:25:09] <@wrbtrader> Covered all Emini ES Short @ 2077.00 --> + 0.25
[10:26:17] <@wrbtrader> The only good thing about the contracting volatility is that many key markets are insync with it...they're all doing it too
[10:26:35] <@wrbtrader> That usually sets up a volatility spike
[10:26:38] <futurestrack> On my 1m I have a WRB right where it turned back up.
[10:26:45] <Corner> I hope the pending KME in CL will produce some volatility
[10:27:52] <@wrbtrader> Oil futures KME pending @ 1030am est
[10:30:21] <@wrbtrader> Shorts Emini ES @ 2076.50 -> large size
[10:30:30] <@wrbtrader> re-entry
[10:31:40] <@wrbtrader> volatility dead in the water
[10:35:49] <mtntrader> Ha, you spoke too soon.
[10:36:06] <@wrbtrader> Covered all Emini ES Short @ 2073.75 --> + 2.75
[10:36:35] <@wrbtrader> WRB pt1 reached via 3min chart
[10:37:27] <@wrbtrader> Its also my targeted R area of the most recent Up WRB Hidden GAP interval (0930am - 0933am est)
[10:38:45] <@wrbtrader> Not sure whats wrong with today's volatility...
[10:39:36] <@wrbtrader> The regular session begin well but it slowly went into that contraction...very odd to do such so early in the morning instead of doing such AFTER the 1030am est KME
[10:39:50] <mtntrader> Short ES @ 73.75
[10:40:49] <mtntrader> Covered half @71.25
[10:41:08] <Corner> CL now being crushed after KME
[10:41:51] <Corner> CL insync with EUR.USD, ES and DAX
[10:42:04] <@wrbtrader> The 60mins (1 hour) regular session chart of Emini ES has the price action stuck inside the range of the big Down WRB Hidden GAP interval of March 25th 1100am - 12noon est
[10:42:20] <Tigerman__> wow big spike on ES
[10:42:28] <mtntrader> Covered balance at 67.50 +3.75
[10:42:35] <@wrbtrader> Emini ES futures now below the S area of that Down WRB Hidden GAP interval
[10:42:46] <futurestrack> nice job mtn
[10:42:47] <Tigerman__> I just exited too soon at first wrb pt1
[10:42:56] <Tigerman__> with all size
[10:43:05] <Tigerman__> no remainder to use
[10:43:13] <@wrbtrader> If WRB pt1 was your goal...you did the right thing
[10:43:19] <Tigerman__> simply not expecting this big spike here
[10:43:25] <@wrbtrader> If WRB pt2 was your goal...you did the wrong thing
[10:43:27] <mtntrader> thx
[10:44:10] <Tigerman__> [16:43] <@wrbtrader> If WRB pt1 was your goal...you did the right thing.. yeah right simply I torment myself in hindsight ahh if I held that more
[10:44:19] <@wrbtrader> Gold GC futures trying hard (it is struggling) to get its own volatility moving
[10:50:32] <@wrbtrader> Long Emini TF futures @ 1253.20 (high risk) ---> 3 contracts
[10:51:18] <@wrbtrader> stalled
[10:55:12] <@wrbtrader> Exit 2/3 Emini TF futures @ 1254.30 ---> +1.10
[10:56:53] <@wrbtrader> Exit remainder Emini TF futures @ 1255.00 ---> +1.80
[10:57:14] <@wrbtrader> all contracts @ WRB pt1 plus
[10:57:48] <@wrbtrader> the remainder was @ WRB pt2 plus
[10:58:04] <@wrbtrader> 1min chart trade management after entry
[10:58:56] <mtntrader> wrbtrader, do you always use a 1 minute chart to calculate your PTs?
[10:59:29] <@wrbtrader> No...as shown in a recent trade...
[11:00:00] <@wrbtrader> [10:36:06] <@wrbtrader> Covered all Emini ES Short @ 2073.75 --> + 2.75
[11:00:00] <@wrbtrader> [10:36:35] <@wrbtrader> WRB pt1 reached via 3min chart
[11:00:29] <xtrader34_> Volatility finally showed up in CL :-) after the KME @ 10:30
[11:00:41] <mtntrader> thanks
[11:14:42] <@wrbtrader> Overall volatility still not what I expected
[11:15:11] <@wrbtrader> Maybe there was too much volatility in yesterday's afternoon price drop...took some of the wind out of today's price action
[11:58:42] <Tigerman__> be back later ...
[12:52:59] <Corner> Gold GC futures now following CL down
[13:53:54] <mtntrader> KME in 6 minutes. Release of FOMC minutes.
[13:56:52] <Tigerman__> hi all I m back x the news
[13:57:29] <Tigerman__> hopefully something moves strong after that
[14:03:41] <Corner> Mhhh. Long shadows everywhere in the ES mini 1min
[14:06:34] <xtrader34_> CL going nuts right now!
[14:11:32] <Tigerman__> wow very stressfull news
[14:12:30] <Tigerman__> not clear signals so too much intuitional trades x me
[14:13:24] <mtntrader> Long ES 2068.50
[14:14:41] <mtntrader> Covered half at 74.25
[14:15:00] <Tigerman__> lg es 2074.25
[14:15:08] <Tigerman__> chasing too late
[14:15:41] <Tigerman__> entry near 72 but see too late
[14:16:05] <Tigerman__> exit 50 + 1tk
[14:17:19] <Tigerman__> lg es 75.5
[14:17:29] <Tigerman__> fast chart used here
[14:18:44] <Tigerman__> exit all 77 1.5 pt
[14:19:10] <mtntrader> Out balance at 76.25, +7.75
[14:24:13] <mtntrader> Long ES 2077.00
[14:25:21] <mtntrader> Covered all at 77.00 +0
[14:30:09] <mtntrader> Long ES 2076.00 re-entry
[14:31:25] <xtrader34_> Watching the total flush in CL now
[14:31:42] <xtrader34_> Longs covering big time
[14:32:22] <mtntrader> Out 2075.50 -.50
[14:35:23] <mtntrader> Long ES 2075.75, last long attempt
[14:36:55] <mtntrader> Out scratch +0
[14:43:41] <mtntrader> Short ES 73.25
[14:44:04] <@wrbtrader> Emini ES futgures back at the price of the FOMC Minutes
[14:45:32] <Corner> wrb - I was surprised that you didn't trade...
[14:45:40] <@wrbtrader> I wasn't here
[14:45:57] <mtntrader> Out 74.00 -.75
[14:50:31] <mtntrader> Long ES 2075.00
[14:52:54] <mtntrader> Out at 2075.00 +0
[14:55:55] <@wrbtrader> Shorts Emini ES @ 2071.25 -> small size
[14:56:08] <@wrbtrader> 5 contracts
[14:57:36] <@wrbtrader> Covered Emini ES Short @ 2072.00 --> - 0.75
[14:59:47] <@wrbtrader> back to the 2072.75 price action
[15:00:38] <xtrader34_> Volatility dried up again. No follow through :-(
[15:00:50] <@wrbtrader> Long Emini ES @ 2073.25 -> small size
[15:01:00] <@wrbtrader> 5 contracts
[15:01:11] <@wrbtrader> high risk trade
[15:04:51] <@wrbtrader> Exited all Emini ES Long @ 2074.50 --> + 1.25
[15:06:19] <@wrbtrader> I tried something new on both trades (short and then Long).
[15:06:54] <xtrader34_> Worked out on the long side! Nice trade :-)
[15:07:28] <@wrbtrader> Yeah...would have been better because the trade signal was @ 2072.25
[15:08:19] <xtrader34_> Late entry but you got some follow through!
[15:15:22] <mtntrader> wrbtrader, what new thing did you try on those two trades?
[15:15:31] <@wrbtrader> private
[15:15:38] <mtntrader> ok
[15:15:54] <mtntrader> just trying to learn
[15:16:05] <@wrbtrader> me too
[15:17:50] <@wrbtrader> Gotta go...been busy in and out of the house today this afternoon.
[15:17:57] <@wrbtrader> Take care all and see all tomorrow
[15:18:12] <Corner> Take care
[15:18:28] <Tigerman__> ok take care wrbtrader
[16:04:47] <Tigerman__> lg NQ 4371
[16:07:41] <Tigerman__> exit all NQ at 4371.75 + 3 tks
[16:08:04] <Tigerman__> take care all see all next time
[19:27:07] * Disconnected
Session Close: Wed Apr 08 19:27:08 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.
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In addition, our primary job in the
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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
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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
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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
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