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##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
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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.
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:
060315-Key-Price-Action-Markets.png [ 1.04 MiB | Viewed 309 times ]
click on the above image to view today's price action of key markets Session Start: Wed Jun 03 06:42:13 2015
Session Ident: ##TheStrategyLab
[06:42:13] * Now talking in ##TheStrategyLab
[06:42:13] * 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'[06:42:13] * Set by wrbtrader on Fri Dec 26 09:39:03 2014
[06:42:13] ##TheStrategyLab url is
http://www.thestrategylab.com/tsl/forum/[06:44:34] <wrbtrader> Covered Remainder Emini ES Short @ 2111.00 --> - 2.75
[06:45:24] <Corner> That's early...
[06:45:28] <wrbtrader> exited those 5 contracts I held overnight but not a stop out
[06:47:53] <wrbtrader> I need to leave early this morning but will be back before the open and I didn't want to be away from the computer with a open position going into the 0830am est ECB Press Conference in which they'll most likely talk a little about Greece
[06:47:55] <Corner> They talk about Greece all the time :-)
[06:48:44] <wrbtrader> Not in this particular press conference but I do "expect" them too
[06:49:22] <wrbtrader> Simply, I don't want that open position just in case they do
[06:49:46] <wrbtrader> I'll re-enter the position after the conference
[06:50:01] <wrbtrader> talk to all later
[06:50:40] <wrbtrader> Reminder - I posted a link last we to the schedule Greece events for this month...worth keeping track of
[06:50:48] <wrbtrader> we = week
[08:30:51] <Corner> KME - ECB press conference now
[09:33:21] <wrbtrader> Shorts Emini ES @ 2112.75 -> large size
[09:33:36] <wrbtrader> 15 contracts
[09:38:29] <wrbtrader> KMEs @ 0945am, 1000am, 1030am and 1400pm est
[09:41:53] <wrbtrader> Covered all Emini ES Short @ 2111.00 --> + 1.75
[09:42:22] <wrbtrader> too bad the trail was eaten before the early morning KMEs...
[09:42:31] <wrbtrader> I wanted to hold that trade for awhile
[09:43:06] <Corner> wrbtrader - so you see a contect for lower prices?
[09:43:12] <Corner> context
[09:43:39] <wrbtrader> Yes...I'm bearish from yesterday
[09:43:43] <Tigerman__>
all
[09:51:29] <wrbtrader> Long Emini ES @ 2112.25 -> large size
[09:51:47] <wrbtrader> small size of 5 cvontracts
[09:51:50] <wrbtrader> not large
[09:51:57] <wrbtrader> Its also an intuition trade
[09:52:47] <wrbtrader> Exited all Emini ES Long @ 2111.50 --> - 0.75
[09:54:42] <wrbtrader> Long Emini ES @ 2112.25 -> small size
[09:54:51] <wrbtrader> re-entry
[09:57:29] <wrbtrader> Exited all Emini ES Long @ 2113.50 --> + 1.25
[09:59:28] <wrbtrader> I'm suspecting a range and chop here...very neutral price action now
[09:59:51] <wrbtrader> pending KME
[10:00:13] <Tigerman__> yeah we need some reaction to this Kme
[10:00:32] <wrbtrader> Today's hype talk has been Euro, Treasuries and Oil
[10:01:42] <wrbtrader> Shorts Emini ES @ 2111.50 -> large size
[10:08:35] <wrbtrader> Covered all Emini ES Short @ 2111.25 --> + 0.25
[10:08:56] <wrbtrader> this is just chop and more chop
[10:09:27] <Tigerman__> confusing situation..I see only fast trade just as experiments x me
[10:09:45] <Tigerman__> not big positions no clear picture
[10:10:25] <wrbtrader> I won't touch this again until the price action can breakout above/below the range of yesterdays 2:00pm - 4:15pm est
[10:16:24] <wrbtrader> Long Emini TF @ 1258.20 -> small size
[10:16:40] <wrbtrader> 2+1 contracts
[10:18:49] <wrbtrader> Exited all Emini TF Long @ 1258.20 --> 0
[10:19:02] <wrbtrader> no patience for that
[10:20:42] <Tigerman__> lg Iwm 125.29
[10:21:57] <Tigerman__> exit all iwm at 125.35 +6tk wrb pt1 reached
[10:22:25] <Tigerman__> market contracted I no stay a seconf more :9
[10:23:08] <Tigerman__> wow lokk at it run without me I cry
[10:30:36] <Tigerman__> lg RES 218.75 fast trade
[10:32:19] <Tigerman__> exit all ES at 2119.75 +1 pt
[10:37:46] <mtntrader_> Long ES 2119.00
[10:38:27] <Tigerman__> sh ES 2118.75 CFD not miniES
[10:38:50] <Tigerman__> just fast experiment trade ultra small riskù
[10:39:25] <Tigerman__> considering also big trend is up
[10:43:06] <Tigerman__> exit all ES CFD @ 2118.25 +2tks
[10:43:18] <mtntrader_> Long ES 2118.0 add
[10:46:42] <Tigerman__> long ES 2118.25 CFD
[10:46:43] <wrbtrader> Long Emini ES @ 2118.75 -> small size
[10:47:02] <wrbtrader> 5 contracts
[10:48:16] <Tigerman__> exit 1/2 2119 +3tk
[10:50:40] <Tigerman__> exit all rem ES CFD @ 2119.5 +5 tks
[10:51:33] <mtntrader_> Covered 1st half at 2119.5, + .50
[10:52:34] <wrbtrader> Exited all Emini ES Long @ 2119.00 --> + 0.25
[10:55:55] <wrbtrader> looks like I got pick pocketed
[11:00:17] <mtntrader_> Exited balance at 2119.50, +1.50
[11:04:54] <Tigerman__> sh ES 2119.5 fast
[11:06:41] <Tigerman__> exit 1/2 2118.25 +5tk
[11:08:36] <Tigerman__> exit all rem @ 2118.25 +5tk
[11:10:56] <Tigerman__> lg ES 2118.5 fast trade
[11:15:38] <Tigerman__> exit all ES 218.75 +1 tk
[11:15:57] <Tigerman__> wowww great results in this zombie market action
[11:16:29] <Tigerman__> seems this will be my last fast action trade x now
[11:28:48] <TradeSnake______> Short YM 18137
[11:29:24] <TradeSnake______> Flat YM 18127 --> +10
[11:29:58] <TradeSnake______> wow that was fast! didn't have a chance to adjust my target...
[11:32:15] <wrbtrader> Long Emini ES @ 2117.75 -> small size
[11:40:39] <wrbtrader> Exited all Emini ES Long @ 2116.00 --> - 1.75
[11:41:31] <wrbtrader> ES now retested inside the top range of my bearish area
[11:45:23] <TradeSnake______> Short GC @ 1189.0
[11:46:47] <TradeSnake______> Correction 1189.9
[11:47:46] <Tigerman__> Lg ES cfd 2113.25 fast
[11:48:25] <wrbtrader> ES back were it started the breakout soon around 1010am est
[11:48:38] <wrbtrader> The "first WRB Hidden GAP" interval after KME
[11:49:03] <mtntrader_> Yep, back to the scene of the crime
[11:49:15] <mtntrader_> :-)
[11:50:06] <Tigerman__> exit all 213.25
[11:50:42] <Tigerman__> just not fast to grap my tiny profit
[11:50:45] <wrbtrader> Shorts Emini ES @ 2112.00 -> large size
[11:51:34] <wrbtrader> 10 contracts
[11:52:18] <Tigerman__> Sh ES 2112
[11:52:53] <Tigerman__> exit 2/3 2111 +4tk wrb pt1
[11:52:57] <wrbtrader> This is a price area of a lot of chop earlier we saw
[11:53:15] <Tigerman__> yeah that choppy area early this morning
[11:53:59] <wrbtrader> It pushed me to the sidelines and I just stayed there for awhile during the breakout to the upside...ignoring a Long signal
[11:54:18] <wrbtrader> Too much chop will do that
[11:54:26] <Tigerman__> exit 1/3 2111.50 +2tk
[11:54:37] <wrbtrader> Eventually you just take a small break and jsut watch
[11:55:51] <wrbtrader> ES outpacing TF in this most recent price drop
[11:56:21] <wrbtrader> makes it difficult to move from one to the other
[11:56:58] <Tigerman__> exit all rem 1/3 ES @ 2112 +0
[12:00:53] <wrbtrader> strange spiking price action the past few minutes
[12:01:25] <wrbtrader> All in the same area of the crazy chop we saw earlier today
[12:01:41] <wrbtrader> Same price area that push me to the sidelines
[12:07:03] <wrbtrader> volatility dried up
[12:07:55] <wrbtrader> shallow WRB pt1 reached
[12:08:24] <wrbtrader> Covered all Emini ES Short @ 2111.75 --> + 0.25
[12:09:01] <wrbtrader> I shouldn't added when I had the chance around 1201pm est
[12:15:34] <Tigerman__> take care see next time
[12:20:56] <wrbtrader> Shorts Emini ES @ 2110.75 -> large size
[12:21:04] <wrbtrader> intuition
[12:21:24] <wrbtrader> 10 contracts
[12:22:49] <wrbtrader> Covered all Emini ES Short @ 2110.25 --> + 0.5
[12:22:54] <wrbtrader>
[12:23:26] <wrbtrader> great entry but the volatility just couldn't get going stronger after it showed up
[12:23:34] <wrbtrader> sidelines...will just watch awhile
[12:42:51] <TradeSnake______> Flat GC @ 1182.0 --> +7.9
[12:43:37] <TradeSnake______> Volatility sure showed up out of nowhere in GC.
[12:44:17] <mtntrader_> Nice trade, Snake
[12:44:49] <TradeSnake______> ty
[15:13:11] <wrbtrader> After 1230pm est...Emini futures price action trading rose on a lot of contracting volatility and now has done the same type of contracting volatility but a shallow pullback since 1425pm est
[15:23:21] <wrbtrader> Take care all and see all tomorrow
[15:23:30] <Corner> Take care
[17:15:23] * Disconnected
Session Close: Wed Jun 03 17:15:23 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:
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, 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 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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