##TheStrategyLab Price Action Chat Room Logs

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)
wrbanalysis@gmail.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.


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

##TheStrategyLab Archive Chat Logs


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

Session Start: Wed Aug 19 09:27:12 2015
Session Ident: ##TheStrategyLab
[09:27:12] * Now talking in ##TheStrategyLab
[09:27:12] * 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'
[09:27:12] * Set by wrbtrader on Fri Dec 26 09:39:03 2014
[09:27:13] ##TheStrategyLab url is http://www.thestrategylab.com/tsl/forum/ and if you need to understand (additional info) about the trades posted below in real-time by wrbtrader...please read my daily trading routine @ http://www.thestrategylab.com/ftchat/forum/viewtopic.php?f=146&t=2136
[09:28:59] <Tigerman___> all
[09:29:02] <Tigerman___> sh es 84.5
[09:29:10] <Tigerman___> exit all 84 +2 tk
[09:29:19] <Tigerman___> small sz intuition
[09:32:23] <Tigerman___> strong pressure at open on sell side
[09:34:46] <wrbtrader> Shorts Emini ES @ 2081.00 -> large size
[09:35:02] <wrbtrader> 10+10 contracts
[09:37:07] <Tigerman___> sh Es 8075
[09:37:25] <Tigerman___> 2080.75
[09:38:15] <wrbtrader> Covered all Emini ES Short @ 2079.00 --> + 2
[09:38:16] <Tigerman___> exit all 79 +7tk
[09:38:34] <wrbtrader> exited at the WRB pt1 @ 2079.00
[09:38:44] <wrbtrader> early exit because goal was a WRB pt2
[09:39:02] <Tigerman___> big sz due to the pressure
[09:39:16] <wrbtrader> trade via Emini ES futures all session 1min chart
[09:39:45] <Tigerman___> my concern now is why my IB broker show a pending order regardless I cancelled all my pending ??
[09:40:01] <Tigerman___> it is not there really but feels me unsure
[09:42:23] <wrbtrader> always keep your broker on "speed dial"
[09:43:14] <lightenup> TF testing support of down wrbhg at open
[09:43:18] <Tigerman___> usually I have to re-set the platform to delete those ghost pending s
[09:43:31] <wrbtrader> with a hands free phone or conferance
[09:44:14] <Tigerman___> yeah
[09:44:19] <wrbtrader> Shorts Emini ES @ 2078.00 -> large size
[09:44:40] <Tigerman___> I will check out global futures becase has support in my language
[09:44:56] <wrbtrader> 10 contracts
[09:45:29] <wrbtrader> Shorts Emini ES @ 2078.50 -> Add
[09:48:24] <wrbtrader> Cover Emini ES futures 1/2 @ 2077.50 ---> +1.00
[09:48:35] <Tigerman___> sh 78
[09:48:50] <Tigerman___> exit 1/277.75
[09:48:58] <Tigerman___> exit all 77.5 +2tk
[09:48:58] <wrbtrader> shallow WRB pt1 reached
[09:51:21] <wrbtrader> Cover remainder Emini ES futures @ 2075.50 ---> +2.50
[09:51:33] <wrbtrader> WRB pt2 reached
[09:53:46] * ChanServ sets mode: +o wrbtrader
[09:54:03] <@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.scribd.com/wrbtrader
[09:56:11] <@wrbtrader> Shorts Emini ES @ 2077.50 -> small size
[09:56:22] <@wrbtrader> 5 contracts
[09:58:38] <lightenup> Large spike up in TF
[09:58:47] <@wrbtrader> volatility spike in Emini TF futures but so far the other Eminis are ignoring it
[10:00:54] <Tigerman___> sh es 76.25
[10:01:03] <Tigerman___> grr mis a better entry higher
[10:01:07] <lightenup> Short tf 1202.20
[10:01:08] <@wrbtrader> Covered all Emini ES Short @ 2075.75 --> + 1.75
[10:01:39] <Tigerman___> exactly simply I got no fill then price fall down and I chase it
[10:01:47] <lightenup> Flat tf 1201.90 +.3
[10:02:09] <@wrbtrader> strange price action there in the Eminis
[10:02:12] <Tigerman___> exit all 75.75 +2 tk small sz
[10:02:24] <Tigerman___> big spike up now
[10:02:43] <@wrbtrader> Emini TF futures spiked upwards...others did nothing and then they spiked downards...
[10:02:44] <Tigerman___> in most e-minies
[10:02:52] <@wrbtrader> now back upwards...now insync
[10:04:36] <lightenup> KME 10:30 and 2:00 EST
[10:05:26] <Tigerman___> yes I m curious to see how oil reacts
[10:05:47] <Tigerman___> near 42$ now
[10:05:50] <@wrbtrader> In hindsight...looks like that small size Short I had was a lucky trade based upon how the Eminis was spiking around up and down
[10:07:08] <Andresfx> yes In vsa trading is
[10:07:15] <Andresfx> reacting to the last highs vol zone
[10:07:48] <Tigerman___> sell pressure still ok in ES
[10:07:55] <Andresfx> http://prntscr.com/86g0th
[10:08:49] <Andresfx> http://prntscr.com/86g174
[10:12:30] <@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.
[10:12:46] <@wrbtrader> lots of volatility contraction now in the Emini futures
[10:18:50] <@wrbtrader> Shorts Emini ES @ 2078.50 -> small size
[10:19:05] <@wrbtrader> 5 contracts
[10:19:05] <Tigerman___> sh es 78.5
[10:19:18] <@wrbtrader>
[10:19:28] <@wrbtrader> tough spot to be Short
[10:19:45] <@wrbtrader> at the R area of that big Up WRB Hidden GAP interval 1min chart
[10:19:58] <@wrbtrader> I"m now looking for a Houdini Escape
[10:21:50] <Andresfx> u got it
[10:22:48] <@wrbtrader> Covered all Emini ES Short @ 2078.50 --> 0
[10:23:16] <@wrbtrader> got my Houdini Escape
[10:23:17] <Tigerman___> exit all 78.75 -1 t
[10:23:42] <Andresfx> haha
[10:23:54] <Tigerman___> still sell pressure
[10:24:23] <Tigerman___> I re short if oportunity show up
[10:26:07] <Tigerman___> 5 min to oil Kme
[10:26:28] <Tigerman___> I am ready to short 100 contracts
[10:27:01] <Tigerman___> just joke
[10:28:06] <Andresfx> hahaha
[10:31:23] <@wrbtrader> Shorts Emini ES @ 2078.00 -> small size
[10:31:32] <@wrbtrader> 5 contracts
[10:32:04] <Tigerman___> sh Cl 42.34
[10:32:06] <Tigerman___> small
[10:32:18] <Tigerman___> exit 1/2 42.31 +3t
[10:32:48] <@wrbtrader> I shorted the same R area as before but this time it has a lot more volatility
[10:32:56] <Tigerman___> exit all rem 42.28 +6tk
[10:33:13] <@wrbtrader> It's not me as much as the prior trade did but its still not moving lower
[10:34:26] <@wrbtrader> tough R area of the move recent Up WRB Hidden GAP interval 2min chart
[10:34:48] <@wrbtrader> via SPY
[10:35:04] <Tigerman___> sh cl 42.24
[10:35:34] <@wrbtrader> now I see my entry should have been around 2078.75
[10:35:36] <@wrbtrader>
[10:35:45] <@wrbtrader> poor entry
[10:35:47] <Tigerman___> exit 1/2 42.22 +2t
[10:36:58] <jpan> nice call noneoftheless
[10:37:12] <Tigerman___> exit all 42.20 +4tk
[10:37:23] <@wrbtrader> Covered all Emini ES Short @ 2077.50 --> + 0.5
[10:37:43] <Tigerman___> wo now CL moves after I exited
[10:38:00] <@wrbtrader> WRB pt1 reached @ 2076.75
[10:38:19] <@wrbtrader> target was a WRB pt2 but the retracement pick pocketed my trail stop
[10:39:31] <jpan> should reach to s3
[10:39:40] <Tigerman___> I miss my waited short in ES near 2078
[10:39:49] <Tigerman___> due my focus on CL
[10:40:09] <Tigerman___> I have many monitors but not many arms
[10:40:17] <Tigerman___> I need an assistant
[10:42:29] <Tigerman___> wow oil bral 42
[10:42:35] <Tigerman___> breaks
[10:43:09] <Tigerman___> I remember a trader proud of himself to be first get CL at 100$
[10:44:03] <jpan> s2 hit
[10:44:06] <jpan> *s3
[10:44:39] <Tigerman___> sh Cl 41.86
[10:46:38] <Tigerman___> exit all 41.90 -4t
[10:47:04] <Tigerman___> sh 41.88
[10:47:10] <Tigerman___> re-enter
[10:47:33] <Tigerman___> exit 1/2 41.8 + 8tk
[10:47:49] <TradeSnake______> Long GC @ 1126.8
[10:49:45] <Tigerman___> exit all rem Cl 82 +6t
[10:52:43] <Tigerman___> seems now builds support in CL
[10:55:46] <TradeSnake______> Covered GC @ 1127.8 --> +1.0
[11:17:54] <Tigerman___> sh es 2072
[11:18:00] <Tigerman___> small
[11:19:16] <Tigerman___> exit all 71.25 +3tk
[11:26:06] <@wrbtrader> Shorts Emini ES @ 2069.50 -> large size
[11:26:15] <@wrbtrader> 10 contracts
[11:26:24] <@wrbtrader>
[11:26:33] <@wrbtrader> not sure how that one messed up
[11:28:11] <@wrbtrader> Covered all Emini ES Short @ 2068.50 --> + 1
[11:28:19] <@wrbtrader> not a WRB pt1
[11:29:05] <@wrbtrader> trade signal @ 2070.75
[11:29:23] <@wrbtrader> my entry was at the WRB pt1 had I done the trade correctly
[12:06:04] <@wrbtrader> Emini futures chopping now
[12:06:20] <@wrbtrader> more contracting volatility
[12:17:24] <Andresfx> Back
[12:24:04] <@wrbtrader> snapback (volatility spike)
[12:24:08] <@wrbtrader> in the Emini futures
[12:24:38] <@wrbtrader> Shorts Emini ES @ 2070.50 -> small size
[12:24:47] <@wrbtrader> 3 contracts
[12:25:08] <@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.
[12:30:47] <@wrbtrader> Covered all Emini ES Short @ 2071.00 --> - 0.5
[12:31:11] <@wrbtrader> Take care all and see all tomorrow
[13:00:02] <Tigerman___> take care all see next time
[13:49:47] <lightenup> TF and Dow going up to test the Suport of the opening gap frim this morning.
[13:55:30] * Disconnected
Session Close: Wed Aug 19 13:55:30 2015

Session Start: Wed Aug 19 13:55:30 2015
Session Ident: ##TheStrategyLab
[13:55:37] * Attempting to rejoin channel ##TheStrategyLab
[13:55:43] * Rejoined channel ##TheStrategyLab
[13:55:43] * 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'
[13:55:43] * Set by wrbtrader on Fri Dec 26 09:39:03 2014
[13:55:43] -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
[13:55:43] ##TheStrategyLab url is http://www.thestrategylab.com/tsl/forum/
[14:17:34] <lightenup> Another amazing come back in the e minis with gap fill in all execpt the TF which is close to gap fill
[14:35:11] <lightenup> TF testing Resistance of recient 14:03 up wrbhg 1 2 3 5 min chart
[14:47:25] <jpan> hey Wrbtrader, why do u like ES if TF acts so differently? even NQ or CL personality is closer
[15:02:32] <lightenup> jpan wrbtrader is done for the day
[15:32:00] <jpan> ah k
[15:32:20] <jpan> anyone is welcome to answer that question if u guys know it
[19:26:01] <wrbtrader_away> [14:47:25] <jpan> hey Wrbtrader, why do u like ES if TF acts so differently? even NQ or CL personality is closer
[19:26:21] <wrbtrader_away> Emini ES futures has better liquidity when I decide to trade size
[19:27:02] <wrbtrader_away> Also, ES and TF has more bang for the buck in comparison to NQ and CL.
[19:27:54] <wrbtrader_away> Simply, ES and TF has more trade signals for the time duration I trade.
[19:28:26] <wrbtrader_away> If I change my trading hours time to properly trade CL...I will make less money along with getting less
[19:28:30] <wrbtrader_away> Not worth it
[19:28:48] <wrbtrader_away> Hopefully that answers your question...by all
[19:29:19] * Disconnected
Session Close: Wed Aug 19 19:29:19 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
wrbanalysis@gmail.com
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