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 Post subject: September 1st Tuesday - Futures, Forex, Stocks and ETFs
 Post Posted: Thu Sep 03, 2015 11:51 pm 
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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 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.

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

Attachment:
090115-Key-Price-Action-Markets.png
090115-Key-Price-Action-Markets.png [ 1.25 MiB | Viewed 335 times ]

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

Session Start: Tue Sep 01 08:56:20 2015
Session Ident: ##TheStrategyLab
[08:56:20] * Now talking in ##TheStrategyLab
[08:56:20] * 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'
[08:56:20] * Set by wrbtrader on Fri Dec 26 09:39:03 2014
[08:56:22] ##TheStrategyLab url is http://www.thestrategylab.com/tsl/forum/
[08:57:45] * ChanServ sets mode: +o wrbtrader
[08:58:08] <@wrbtrader> ##TheStrategyLab Purpose -> -This chat room is for YOU to use as a daily journal of your thoughts or trades involving any key concept from the WRB Analysis free study guide. If you're in here and NOT talking about WRBs, WRB Hidden GAPs, key market events, swing point price actions, strong continuation price actions, WRB Zones...you are not properly using this chat room. Also, you risk being permanently BANNED (no exceptions) if you consistently log into ##TheStrategyLab and you do not discuss anything related to the WRB Analysis free study guide.
[09:20:47] <@wrbtrader> Its going to be a BIG gap down at the regular session Open for the Emini futures
[09:21:17] <@wrbtrader> Too bad the big movement happen in the overnight session and early morning session instead of happening in the regular session
[09:23:06] <acon0> It's down almost 50 pts. I'm sure there will still be a decent amount of volatility on open with a move like that.
[09:24:17] <acon0> Looks like we're in a wrb hg on the 1hr ES chart, from 8/26
[09:32:03] <@wrbtrader> Long Emini ES @ 1928.00 -> large size
[09:33:26] <@wrbtrader> Exited all Emini ES Long @ 1986.00 --> + 58
[09:33:36] <@wrbtrader> correction...
[09:33:53] <@wrbtrader> Exited all Emini ES Long @ 1926.00 --> - 2
[09:34:27] <@wrbtrader> Long Emini ES @ 1926.75 -> large size
[09:34:38] <@wrbtrader> 10 contracts
[09:36:41] <TradeSnake______> TF leading the pack out of the gate...
[09:36:55] <jpan> 28s light
[09:37:20] <@wrbtrader> Exited all Emini ES Long @ 1929.25 --> + 2.5
[09:37:36] <jpan> out be+1
[09:38:11] <@wrbtrader> similar like stall at the same reaction high of 0827am...
[09:38:43] <@wrbtrader> A reaction high that has also retested an earlier Down WRB Hidden GAP interval
[09:40:03] <@wrbtrader> Long Emini ES @ 1931.00 -> large size
[09:40:17] <@wrbtrader> 10 contracts
[09:40:35] <@wrbtrader> That reaction high will keep me from pushing more than 10 contracts
[09:41:04] <@wrbtrader> The Emini ES is bouncing around it too much for my comfort level
[09:41:14] <jpan> 29s
[09:41:57] <Tigerman___> gm
[09:42:06] <Tigerman___> confusing action till Kme news
[09:42:10] <@wrbtrader> Exited all Emini ES Long @ 1928.75 --> - 2.25
[09:43:15] <@wrbtrader> Shorts Emini ES @ 1927.75 -> large size
[09:43:36] <@wrbtrader> 10 contracts
[09:43:46] <@wrbtrader> retesting that reaction high again :(
[09:44:06] <jpan> 31 out
[09:44:24] <@wrbtrader> Covered all Emini ES Short @ 1930.50 --> - 2.75
[09:44:59] <@wrbtrader> Long Emini ES @ 1933.00 -> large size
[09:45:08] <@wrbtrader> 10 contracts
[09:45:46] <@wrbtrader> WRB pt1 reached on the increasing volatility
[09:46:59] <@wrbtrader> Exited all Emini ES Long @ 1939.00 --> + 6
[09:47:43] <@wrbtrader> Its that same China like volatility reaction
[09:48:22] <@wrbtrader> Similar like conflict between the regular sesson charts versus the globex all session charts
[09:49:54] <jpan> 34.5s ;light
[09:51:15] <jpan> 34.75 out be-1
[09:51:16] <@wrbtrader> Another reaction point @ 1935.00
[09:51:38] <@wrbtrader> Long Emini ES @ 1935.25 -> large size
[09:52:32] <@wrbtrader> I'm still at 10 contracts
[09:52:43] <@wrbtrader> still not comfortable with this volatility right now
[09:54:03] <@wrbtrader> Exited all Emini ES Long @ 1932.00 --> - 3.25
[09:54:54] <@wrbtrader> Long Emini ES @ 1933.00 -> large size
[09:55:02] <@wrbtrader> 10+10 contracts
[09:55:05] <jpan> 34.25l
[09:55:36] <@wrbtrader> Emini ES is digging deep on the retracements prior to attempting to go higher :(
[09:58:52] <@wrbtrader> pending KME
[09:59:10] <@wrbtrader> I"m trying hard to hold this Long until then
[09:59:13] <jpan> 32.5l add
[09:59:56] <jpan> 30.5 out
[10:00:02] <@wrbtrader> Exited all Emini ES Long @ 1930.00 --> - 3
[10:00:25] <@wrbtrader> Emini ES back below both recent reaction highs
[10:01:03] <@wrbtrader> Shorts Emini ES @ 1987.25 -> large size
[10:02:48] <@wrbtrader> Covered all Emini ES Short @ 1926.00 --> + 61.25
[10:03:07] <@wrbtrader> correction...
[10:03:12] <@wrbtrader> +1.25
[10:04:00] <@wrbtrader> Shorts Emini ES @ 1925.50 -> large size
[10:04:05] <@wrbtrader> re-entry
[10:04:26] <@wrbtrader> prior trade an early exit
[10:05:18] <Corner> Short ES Mini 1924.25
[10:05:31] <@wrbtrader> :(
[10:06:26] <@wrbtrader> still stuck in the trade
[10:07:01] <@wrbtrader> Covered 1/2 Emini ES Short @ 1924.00 --> + 1.5
[10:07:13] <Corner> Covered all ES Mini 1924.25 +0.00
[10:07:21] <@wrbtrader> Covered Remainder Emini ES Short @ 1925.00 --> + 0.5
[10:07:31] <jpan> 25.5s
[10:07:42] <@wrbtrader> order problem @ 1922.00
[10:07:46] <@wrbtrader> cost me a few points
[10:09:00] <jpan> 22.5 out
[10:09:27] <@wrbtrader> chop
[10:11:36] <TradeSnake______> Short GC @ 1140.0
[10:11:51] <jpan> 25.75s
[10:14:43] <@wrbtrader> Shorts Emini ES @ 1926.00 -> large size
[10:14:53] <@wrbtrader> 20 contracts
[10:16:35] <jpan> 28 out
[10:16:51] <@wrbtrader> Covered all Emini ES Short @ 1928.75 --> - 2.75
[10:17:14] <Tigerman___> my main power suppy from condo is off :(
[10:17:44] <Tigerman___> my trading platform with his screen has power backup
[10:17:52] <Tigerman___> but some screen not
[10:18:16] <@wrbtrader> every WRB Hidden GAP has been retraced within 4 intervals except for the first one sitting down around 1917
[10:19:25] <@wrbtrader> Shorts Emini ES @ 1927.75 -> large size
[10:19:43] <@wrbtrader> lets see if it takes out the prior recent WRB Hidden GAP interval
[10:20:25] <@wrbtrader> still trying
[10:22:18] <@wrbtrader> it took it out but its too damn fast
[10:22:30] <@wrbtrader> I'm not able to grap that WRB exit
[10:23:24] <Tigerman___> price action fast and seems no enought liquidity in Es
[10:23:35] <@wrbtrader> Covered all Emini ES Short @ 1925.00 --> + 2.75
[10:24:20] <@wrbtrader> no new WRB HG intervals was made on that push down
[10:24:20] <Tigerman___> just 40/20 contracts at first lebel in ES ladder
[10:24:38] <@wrbtrader> so now it start again
[10:24:44] <Tigerman___> umhh seems big guys are in holiday
[10:25:09] <@wrbtrader> Long Emini ES @ 1927.75 -> large size
[10:25:10] <jpan> 28l large
[10:25:20] <@wrbtrader> 20 contracts
[10:25:52] <@wrbtrader> we now have a new Up WRB Hidden GAP interval...
[10:26:04] <@wrbtrader> They have been retraced within 4 intervals
[10:27:17] <jpan> 31.5 out half
[10:27:35] <@wrbtrader> Exited 1/2 Emini ES Long @ 1931.75 --> + 4
[10:27:45] <@wrbtrader> WRB pt2 reached
[10:27:53] <@wrbtrader> first one of the day for me
[10:28:02] <jpan> same f* here =P
[10:28:11] <@wrbtrader> Exited Remainder Emini ES Long @ 1932.00 --> + 4.25
[10:29:39] <jpan> gonig for 40
[10:29:54] <jpan> on 5min chart
[10:30:02] <@wrbtrader> now there's 3 new Up WRB HG intervals sitting below current price action in the Emini ES futures 1min chart
[10:34:55] <jpan> new WRB up gap with higher lows and fakey below that pivot point to trap shorts, should work to 40+
[10:35:48] <jpan> 37 out 2
[10:35:51] <TradeSnake______> Covered GC @ 1137.8 --> +2.8
[10:35:52] <jpan> holding 2 for 40+
[10:41:01] <jpan> last 2 stop, be+2
[10:41:25] <jpan> if it hits it
[10:49:44] <jpan> new wrb down gap on 5min =(
[10:50:04] <jpan> but hasnt broken low pivot
[10:50:22] <jpan> likely form a triangle
[10:59:46] <@wrbtrader> Long Emini ES @ 1929.50 -> large size
[10:59:54] <@wrbtrader> 5+10 contracts
[11:00:12] <@wrbtrader> price action has slowed "a little"...less choppy
[11:02:49] <@wrbtrader> Exited all Emini ES Long @ 1928.00 --> - 1.5
[11:03:16] <@wrbtrader> back inside the range of the most recent Up WRB Hidden GAP interval
[11:04:03] <@wrbtrader> I wasn't going to hang around any longer to watch it completely retrace it @ 1925.75
[11:09:28] <@wrbtrader> Long Emini ES @ 1931.25 -> large size
[11:09:47] <@wrbtrader> pain n butt price action
[11:10:09] <@wrbtrader> re-entry at higher price :(
[11:10:52] <@wrbtrader> price action retracing 2 - 3 points as if its 2 - 3 ticks before powering back into the direction of the trade :(
[11:11:50] <@wrbtrader> Exited all Emini ES Long @ 1933.50 --> + 2.25
[11:16:29] <jpan> choppy
[11:16:31] <jpan> and lame
[11:16:38] <jpan> gong back to zzz
[11:16:40] <jpan> peace out
[11:24:08] <@wrbtrader> Long Emini ES @ 1936.00 -> large size
[11:24:24] <@wrbtrader> lowering size down to 10 contracts
[11:25:01] <@wrbtrader> :(
[11:25:41] <@wrbtrader> Exited all Emini ES Long @ 1933.25 --> - 2.75
[11:27:06] <@wrbtrader> Shorts Emini ES @ 1933.25 -> large size
[11:27:37] <@wrbtrader> recent Up WRB HG interval now filled
[11:28:03] <@wrbtrader> :(
[11:30:08] <@wrbtrader> Covered all Emini ES Short @ 1931.50 --> + 1.75
[11:30:49] <@wrbtrader> Just when you think the chop is taking a quick nap...it suddenly wakes up :(
[11:32:17] <@wrbtrader> Overall for the Emini futures...its a range day in the regular trading session
[11:32:37] <@wrbtrader> That's why I haven't caught any runners...need a trend day to catch a runner
[11:49:36] <@wrbtrader> Shorts Emini ES @ 1932.00 -> large size
[11:49:45] <@wrbtrader> correction...
[11:50:10] <@wrbtrader> Long Emini ES @ 1932.00 -> large size
[11:51:23] <@wrbtrader> Long Emini ES @ 1930.50 -> Add
[11:52:19] <@wrbtrader> back to the lows of that contraction S area :(
[11:52:46] <@wrbtrader> there's that chop again
[11:53:41] <@wrbtrader> Exited 1/2 Emini ES Long @ 1933.25 --> + 2.75
[11:54:07] <@wrbtrader> not a WRB pt1
[11:54:18] <@wrbtrader> exited at the recent reaction high
[11:54:51] <@wrbtrader> Exited Remainder Emini ES Long @ 1932.25 --> + 0.25
[11:55:29] <@wrbtrader> messy trade
[11:55:36] <@wrbtrader> still struggling at the reaction high
[12:00:23] <Tigerman___> take care all se tomorrow
[12:09:54] <@wrbtrader> Shorts Emini ES @ 1925.75 -> large size
[12:10:11] <@wrbtrader> 10 contracts
[12:15:45] <@wrbtrader> Covered all Emini ES Short @ 1928.25 --> - 2.5
[12:25:00] <@wrbtrader> Shorts Emini ES @ 1926.75 -> large size
[12:25:16] <@wrbtrader> re-entry
[12:31:47] <@wrbtrader> Covered all Emini ES Short @ 1921.75 --> + 5
[12:31:55] <@wrbtrader> WRB pt2 reached
[12:45:17] <nopac> what tf was that WRB pt2 on?
[12:48:57] <nopac> oh sorry, I see it on the 1min chart
[12:50:33] <nopac> 5
[13:09:29] <@wrbtrader> Shorts Emini ES @ 1918.25 -> large size
[13:09:46] <@wrbtrader> correction...
[13:10:02] <@wrbtrader> small size 5 contracts (not 10 contracts)
[13:10:54] <@wrbtrader> Covered all Emini ES Short @ 1918.25 --> 0
[13:12:14] <@wrbtrader> Shorts Emini ES @ 1916.75 -> small size
[13:12:21] <@wrbtrader> 5 contracts
[13:12:55] <@wrbtrader> trying hard to avoid the chop today...only able to do it once :)
[13:13:36] <@wrbtrader> Covered all Emini ES Short @ 1915. --> + 1.75
[13:14:12] <@wrbtrader> correction...
[13:14:28] <@wrbtrader> Covered all Emini ES Short @ 1915.25 --> + 1.5
[13:14:49] <@wrbtrader> exit via the 3min chart
[13:15:39] <@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.
[13:19:28] <@wrbtrader> crazy chop
[13:19:56] <@wrbtrader> Shorts Emini ES @ 1916.25 -> large size
[13:20:08] <@wrbtrader> 20 contracts
[13:21:58] <@wrbtrader> Covered all Emini ES Short @ 1916.75 --> - 0.5
[13:22:30] <@wrbtrader> Shorts Emini ES @ 1916.75 -> large size
[13:22:37] <@wrbtrader> re-entry
[13:22:48] <@wrbtrader> chop is getting tighter (contracted)
[13:26:00] <@wrbtrader> Covered all Emini ES Short @ 1917.75 --> - 1
[13:26:42] <@wrbtrader> that reaction high was too far away for me to hold it and take a loss...I needed to cut this one early
[13:28:43] <@wrbtrader> If it rolls over again...I'll re-entry the Short
[13:29:33] <nopac> whoever came in at 9am et and rallied this thing 25 handles sure doesn't want to see their efforts wasted
[13:31:55] <nopac> Mark, does that enter into your thinking when considering the liklihood of 1914 breaking?
[13:32:18] <@wrbtrader> not really
[13:32:29] <nopac> ok
[13:55:10] <@wrbtrader> Shorts Emini ES @ 1923.25 -> large size
[13:57:48] <@wrbtrader> Covered all Emini ES Short @ 1923.00 --> + 0.25
[13:58:16] <@wrbtrader> I started feeling like it was a trap
[13:58:43] <@wrbtrader> will just watch to see if it can get below 1922.00
[14:00:38] <@wrbtrader> Shorts Emini ES @ 1921.00 -> large size
[14:00:58] <@wrbtrader> re-entry
[14:02:44] <@wrbtrader> Covered all Emini ES Short @ 1920.50 --> + 0.5
[14:03:46] <@wrbtrader> Shorts Emini ES @ 1920.50 -> large size
[14:04:09] <@wrbtrader> 15+10 contracts
[14:04:26] <@wrbtrader> :(
[14:04:42] <@wrbtrader> snapback
[14:07:22] <@wrbtrader> Covered Emini ES Short @ 1921.00 --> - 0.5
[14:07:25] <@wrbtrader> Holding 15 contracts
[14:08:29] <@wrbtrader> :(
[14:08:48] <@wrbtrader> 2nd messy trade today like this
[14:09:45] <@wrbtrader> now I need to hold a little longer than I wanted too because of those losing 10 contracts
[14:10:41] <nopac> good day to hold a short longer than normal..LOL
[14:11:36] <@wrbtrader> Covered Remainder Emini ES Short @ 1917.75 --> + 2.75
[14:12:00] <@wrbtrader> that trade was a position size error...
[14:12:13] <@wrbtrader> went 25 contracts when I only wanted to go 20 contracts
[14:29:14] <@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
[14:29:40] <lightenup> Short tf 1130.90
[14:30:48] <lightenup> Flat tf 1130.80 +.1
[14:30:48] <@wrbtrader> Shorts Emini ES @ 1916.75 -> large size
[14:30:57] <lightenup> Snap back
[14:30:59] <@wrbtrader> 10 contracts
[14:31:47] <@wrbtrader> Two trading days last week (Thursday and Friday) and today have been my toughest trading days in about 3 years
[14:32:16] <@wrbtrader> commonality with all is the incredible chop
[14:32:50] <@wrbtrader> Covered all Emini ES Short @ 1920.50 --> - 3.75
[14:34:32] <@wrbtrader> Long Emini ES @ 1921.50 -> large size
[14:34:42] <@wrbtrader> 10 contracts
[14:36:13] <@wrbtrader> Exited all Emini ES Long @ 1922.50 --> + 1
[14:36:27] <@wrbtrader> not a WRB pt1
[14:36:33] <@wrbtrader> just a fear exit
[14:37:02] <@wrbtrader> hoping that this retraces a little more for a better entry price
[14:37:49] <@wrbtrader> :(
[14:41:53] <@wrbtrader> crazy chop
[14:44:05] <@wrbtrader> Its like the institutions or high dollar algo traders took their algos and they're having dirty alley cat fight
[14:45:16] <@wrbtrader> Long Emini ES @ 1920.00 -> large size
[14:45:25] <@wrbtrader> 10 contracts
[14:47:58] <@wrbtrader> Exited all Emini ES Long @ 1920.75 --> + 0.75
[14:49:34] <xtrader34_> WRB - By the end of today you would have trade close to 100 contracts or more with all this chop!
[14:50:01] <@wrbtrader> Yeah...I average about 8 days per year like this
[14:50:26] <@wrbtrader> I consider it something that doesn't happen often :)
[14:50:28] <nopac> I wish my worst days were as profitable as your worst days are...LOL
[14:50:50] <@wrbtrader> Yeah, I'm at a profit but its like I went thru hell to get it
[14:51:01] <nopac> yeah...earned every penny
[14:52:34] <@wrbtrader> Reminder - I average about 8 days like this per year...3 of them have now occurred in 4 trading days. :(
[14:53:02] <@wrbtrader> At a point...you stop hating this incredible chop and just see it as "amazing".
[14:53:09] <xtrader34_> That's not a good sign then! /_\
[14:53:26] <@wrbtrader> Exactly
[14:54:04] <@wrbtrader> In the past I would intentionally stop trading after a day like today
[14:54:34] <@wrbtrader> I'm busy Friday with personal stuff so that looks like a good day to rest and relax...no trading
[14:55:02] <xtrader34_> I got my payday early and stopped after that. Now I'm in observe mode only
[14:56:04] <xtrader34_> And this is some nasty chop and whipsaw too!
[14:57:53] <xtrader34_> You are right about the algo's. They have been in overdrive these last few days and the markets have shown that, its like the wild, wild, west!
[15:03:29] <@wrbtrader> Yeah...more like a Bar Room fight in the wild wild west
[15:04:12] <xtrader34_> hahahahaha!8-)
[15:05:01] <@wrbtrader> Shorts Emini ES @ 1914.75 -> large size
[15:05:09] <@wrbtrader> 25
[15:05:20] <@wrbtrader> 25 contracts
[15:05:50] <@wrbtrader> there's an add in there of 10 contracts at the same price
[15:05:54] <@wrbtrader> 15+10
[15:07:02] <@wrbtrader> doesn't look like it wants to push anymore below the lows
[15:10:56] <@wrbtrader> Covered Emini ES Short @ 1914.25 --> + 0.5
[15:10:59] <@wrbtrader> Holding 10 contract remainders
[15:11:33] <@wrbtrader> its trying to snapback
[15:12:15] <@wrbtrader> Covered Remainder Emini ES Short @ 1917.75 --> - 3
[15:16:22] <jpan> 17s large
[15:16:33] <@wrbtrader> Shorts Emini ES @ 1916.25 -> large size
[15:16:52] <@wrbtrader> 20 contracts
[15:16:58] <@wrbtrader> re-entry
[15:17:09] <@wrbtrader> :(
[15:17:18] <@wrbtrader> geeesh
[15:17:22] <@wrbtrader> relenthless
[15:19:05] <jpan> 15.5s add
[15:19:54] <jpan> 14 out 4
[15:20:00] <jpan> holding 6
[15:20:11] <@wrbtrader> Covered all Emini ES Short @ 1914.00 --> + 2.25
[15:20:21] <@wrbtrader> WRB pt1 reached
[15:20:58] <@wrbtrader> All day its been 3 steps forward and 2 steps backwards from trade to trade
[15:22:45] <@wrbtrader> I've had trade errors turn into winners, trade signals turn into losers, position size errors and even the smell of a dead cat outside that got ran over by the garbage truck...
[15:23:00] <nopac> haha
[15:23:01] <@wrbtrader> Smell got so bad I went out there to clean up the mess :(
[15:23:08] <nopac> nasty
[15:23:21] <xtrader34_> hahaha!
[15:23:25] <nopac> cat got caught up in the chop too
[15:23:34] <@wrbtrader> Yeah
[15:23:37] <xtrader34_> YEP!
[15:23:51] <@wrbtrader> Here's the scary part...
[15:24:08] <@wrbtrader> At the end of the day...when downloading charts...
[15:24:15] <@wrbtrader> It all looks crystal clear
[15:24:34] <@wrbtrader> We can't see the chop on the hindsight charts :(
[15:24:48] <jpan> 16 out 4
[15:24:50] <nopac> good point
[15:24:52] <jpan> 2 left
[15:25:14] <xtrader34_> Those damn hindsight charts :@
[15:25:42] <@wrbtrader> The only clue on hindsight charts about chop are those long shadow intervals
[15:26:18] <@wrbtrader> Yet today like last week...those WRB Hidden GAP intervals were extremely choppy too...more than the long shadow intervals
[15:26:56] <jpan> 14.5s light
[15:27:04] <jpan> add
[15:27:36] <jpan> wrb gap on 1min
[15:28:20] <jpan> 12.5 out 5
[15:28:50] <jpan> 11 out 1
[15:29:10] <jpan> booyea biatch
[15:29:21] <jpan> holdig 1left whatever it goes to
[15:29:28] <jpan> 16 stop
[15:29:48] <jpan> trail
[15:31:10] <jpan> 12s add light
[15:31:37] <jpan> going to milk it as much as i can
[15:31:39] <jpan> carefully
[15:34:11] <jpan> 11.5s add
[15:35:32] <jpan> 9 out 4
[15:36:10] <jpan> 10 out 1
[15:36:13] <jpan> 1 left
[15:36:26] <jpan> stopped moved to 13
[15:36:46] <jpan> no, correction 13.25 b+1t
[15:37:06] <@wrbtrader> Shorts Emini ES @ 1909.75 -> large size
[15:37:21] <@wrbtrader> 10 contracts
[15:37:44] <@wrbtrader> beware of the snapback
[15:38:35] <jpan> 76.5 all out
[15:38:42] <jpan> *6.5
[15:38:55] <jpan> good enough for me
[15:39:00] <nopac> nice one
[15:39:02] <jpan> 2 legs
[15:39:32] <jpan> thx, was chopped in the early mornings but this more than made up for it
[15:41:19] <jpan> dow down -500
[15:41:26] <jpan> way past S3 already
[15:41:34] <jpan> nasd -150
[15:42:02] <@wrbtrader> Covered all Emini ES Short @ 1904.00 --> + 5.75
[15:42:38] <@wrbtrader> That was probably first none stressful trade all day
[15:42:42] <@wrbtrader> on that note
[15:43:12] <@wrbtrader> Take care all and see all tommorrow...also...I'm planning a day off on Friday
[15:43:16] <jpan> looks like they wont be raising interest rate for awhile, LOL
[15:43:21] <nopac> thanks Mark...have a good one
[15:56:56] <jpan> not touching this snap =P
[16:15:25] <nopac> have a good one everybody
[20:30:21] * Disconnected
Session Close: Tue Sep 01 20:30:21 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
wrbanalysis@gmail.com
Go Back To TheStrategyLab.com Homepage


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