Price Action Trading (no technical indicators)
Phone: +1 708 572-4885
Free Chat Room:
http://www.thestrategylab.com/tsl/forum/viewforum.php?f=164Business 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.
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:
110615-Key-Price-Action-Markets.png [ 1.06 MiB | Viewed 321 times ]
click on the above image to view today's price action of key markets Session Start: Fri Nov 06 09:26:43 2015
Session Ident: ##TheStrategyLab
[09:26:43] * Now talking in ##TheStrategyLab
[09:26:43] * 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'[09:26:43] * Set by wrbtrader on Fri Dec 26 09:39:03 2014
[09:26:45] ##TheStrategyLab url is
http://www.thestrategylab.com/tsl/forum/[09:33:13] <Corner> Good morning all
[09:34:09] <Tigerman_>
all
[09:36:29] <Corner> Strange divergence EUR/USD, ES, DAX and ES
[09:36:55] <Corner> meant CL
[09:37:43] <Corner> Seems like every market interprets the KME differently :-)
[09:38:26] <Tigerman_> yeah
[09:38:46] <Tigerman_> Dax reacted nice after the 8:30 am news
[09:38:53] <Tigerman_> Bund too
[09:39:48] <Corner> at 9:00 DAX was at HOD while ES was at LOD...
[09:39:54] <Corner> That's strange
[09:40:33] <lightenup1> All e minis have now filled the gap
[09:48:48] <wrbtrader> Shorts Emini ES @ 2090.25 -> large size
[09:49:05] <wrbtrader> 20 contracts
[09:52:54] <wrbtrader> Covered all Emini ES Short @ 2087.00 --> + 3.25
[09:52:57] <wrbtrader> WRB pt1 reached
[09:55:50] <wrbtrader> Shorts Emini ES @ 2084.00 -> large size
[09:56:03] <wrbtrader> 10 contracts
[09:56:07] <wrbtrader> intuition
[09:57:05] <wrbtrader> Covered all Emini ES Short @ 2085.25 --> - 1.25
[09:57:19] <wrbtrader> first counter-thrust attempt
[09:58:16] <wrbtrader> Shorts Emini ES @ 2085.50 -> large size
[09:58:17] <Tigerman_> Big down spike on GC
[09:58:27] <wrbtrader> re-entry
[09:59:51] <wrbtrader> WRB pt1 reached (not able to grab it)
[09:59:53] <Tigerman_> dam I miss afill on this snapback up
[10:00:03] <Tigerman_> wanted short ES
[10:00:21] <Tigerman_> price left me at the statio
[10:00:41] <Tigerman_> anyway better then chase a lot and get burned
[10:01:33] <Corner> ES mini testing LOY reg (2084)
[10:01:58] <wrbtrader> Covered all Emini ES Short @ 2083.00 --> + 2.5
[10:02:36] <wrbtrader> Eminis 2nd attempt to counter-thrust back upwards
[10:03:19] <wrbtrader> Shorts Emini ES @ 2083.25 -> large size
[10:03:27] <wrbtrader> 10 contracts
[10:03:33] <wrbtrader> re-enter
[10:03:35] <wrbtrader> intuition
[10:05:07] <wrbtrader> Covered all Emini ES Short @ 2080.75 --> + 2.5
[10:05:14] <wrbtrader> WRB pt1 reached
[10:07:59] <wrbtrader> beware of the snapback UP
[10:14:18] <wrbtrader> Long Emini ES @ 2082.50 -> large size
[10:14:27] <wrbtrader> 10 contracts
[10:14:51] <wrbtrader> feels like I did something wrong
[10:16:18] <wrbtrader> Exited all Emini ES Long @ 2081.50 --> - 1
[10:17:54] <TradeSnake______> Short GC @ 1087.5
[10:17:59] <wrbtrader> Long Emini ES @ 2081.75 -> large size
[10:18:07] <wrbtrader> re-entry
[10:19:27] <wrbtrader> tough trade now
[10:19:41] <wrbtrader> Its in an area where it can do those sudden snapbacks
[10:20:07] <Tigerman_> lg Iwm 117.79
[10:20:20] <wrbtrader> Exited all Emini ES Long @ 2082.00 --> + 0.25
[10:20:24] <Tigerman_> exit all 81 +2 tk
[10:23:09] <wrbtrader> Long Emini ES @ 2082.00 -> large size
[10:23:18] <wrbtrader> intuition re-entry
[10:23:58] <wrbtrader> I'm watching Emini TF closely to help me with this trade in ES via the 2min chart
[10:24:01] <lightenup1> Long ym 17750
[10:24:46] <wrbtrader> If Emini TF can reach the R area of its most recent Up WRG HG interval on the 2min chart...I'll dump ES
[10:24:55] <wrbtrader> right now its going south
[10:25:21] <wrbtrader> chop now showing up
[10:25:56] <wrbtrader> Exited all Emini ES Long @ 2081.00 --> - 1
[10:26:20] <wrbtrader> Emini TF a little below the S area of the mentioned Up WRB HG interval
[10:26:33] <lightenup1> Flat ym 17730 -20
[10:28:29] <wrbtrader> Long Emini ES @ 2080.75 -> large size
[10:28:45] <wrbtrader> Emini TF
hard off that S area
[10:28:58] <wrbtrader> volatility still a problem
[10:29:52] <wrbtrader> Emini TF back at the R area of that most recent Up WRB HG interval 2min chart
[10:30:55] <wrbtrader> Emini ES WRB pt1 reached
[10:31:04] <wrbtrader> I'm staying for a possible WRB pt2
[10:31:20] <wrbtrader> If volatility drops more...I'll dump this Long position
[10:32:25] <wrbtrader> Emini ES now above the R area of its most recent Down WRB HG interval 2min chart
[10:32:58] <wrbtrader> Exited all Emini ES Long @ 2085.00 --> + 4.25
[10:35:44] <Tigerman_> very good wrbtrader
[10:37:28] <Tigerman_> long Iwm 117.91
[10:38:31] <Tigerman_> exit 2/3 94 +3tk
[10:39:40] <Tigerman_> exit 1/3 rem at 118 +9t
[10:41:18] <TradeSnake______> Covered GC 1087.1 --> +0.4
[10:43:54] <Tigerman_> Spy around open now
[10:45:02] <Tigerman_> lg spy 209.68
[10:45:22] <Tigerman_> exit 2/3 78 +10tk
[10:46:40] <Tigerman_> exit rem 1/3 209.80 +12t
[10:47:00] <Tigerman_> wrb pt1 reached
Session Start: Fri Nov 06 11:00:23 2015
Session Ident: ##TheStrategyLab
[11:00:23] * Now talking in ##TheStrategyLab
[11:00:23] * 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'[11:00:23] * Set by wrbtrader on Fri Dec 26 09:39:03 2014
[11:00:24] ##TheStrategyLab url is
http://www.thestrategylab.com/tsl/forum/[11:02:15] <Tigerman_> sh spy 209.36 re-enter
[11:02:44] <Tigerman_> exit 2/3 23 +13t
[11:04:26] <Tigerman_> exit 1/3 rem 209.12 +14t
[11:04:58] <Tigerman_> oops +24 tks
[11:12:10] <winmax100> long es@2086.75
[11:13:43] <wrbtrader> FYI - The freenode caused a problem in here...it split the room into two rooms. Only impacting a few of us.
[11:20:42] <winmax100> exit @2083.75 -3
[11:25:49] <wrbtrader> Shorts Emini ES @ 2082.25 -> large size
[11:25:58] <wrbtrader> 10 contracts
[11:26:04] <wrbtrader>
[11:26:14] <wrbtrader> I messed that entry up
[11:26:51] <wrbtrader> Emini ES
[11:27:19] <wrbtrader> Covered all Emini ES Short @ 2082.00 --> + 0.25
[11:28:43] <wrbtrader> Shorts Emini ES @ 2082.50 -> large size
[11:28:54] <wrbtrader> 10 contracts
[11:29:02] <wrbtrader> re-entry intuition
[11:29:26] <wrbtrader> the chop is making things a little confusing
[11:29:44] <wrbtrader> snapback Up
[11:30:18] <wrbtrader> Covered all Emini ES Short @ 2083.50 --> - 1
[11:30:31] <winmax100> long es@2083.25
[11:30:42] <wrbtrader> These snapbacks do not take any prisoners...they kill everything they capture
[11:31:49] <wrbtrader> Long Emini ES @ 2084.50 -> large size
[11:32:30] <wrbtrader> 10 contracts
[11:36:16] <wrbtrader> still no WRB pt1
[11:36:27] <wrbtrader> no nearby reaction high
[11:37:25] <wrbtrader> 2087.00 is the R area of the most recent Down WRB HG interval 2min chart
[11:37:54] <wrbtrader> That's the nearest profit target I have for this trade
[11:38:04] <wrbtrader> will be a tough hold
[11:40:40] <wrbtrader> Exited all Emini ES Long @ 2084.00 --> - 0.5
[11:45:10] <wrbtrader> Long Emini ES @ 2084.25 -> large size
[11:45:19] <wrbtrader> re-entry
[11:45:52] <wrbtrader> shallow WRB pt1 reached
[11:46:25] <BobC__> if Keystone Pipeline rejected again in upcoming BO speech, what will the reaction be in CL... any guesses?
[11:50:29] <wrbtrader> Exited all Emini ES Long @ 2086.00 --> + 1.75
[11:50:30] <Tigerman_> take care all have a safe weekend see all next week
[11:50:46] <BobC__> CU Tiger
[11:51:09] <wrbtrader> Have a good weekend
[11:51:32] <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.
[11:52:18] <wrbtrader> BobC - I would think it would stick to prior price action reactions it had when it was rejected before
[11:53:28] <BobC__> Thx WRB... i am thinking down either way.... perhaps a small impulse up but there is too much product at the moment
[11:53:43] <winmax100> exit @2087.50 +4.25
[11:54:04] <BobC__> GJ Win
[11:56:07] <winmax100> thanks ;-))
[12:00:16] <BobC__> off to lunch with wifey....have a good weekend everyone
[12:02:23] <winmax100> good weekend...BobC...:-))
[12:04:19] <patrader> have a good weekend everyone.
[12:22:14] <wrbtrader> Eminis not insnyc
[12:54:22] <winmax100> long es@2083.50
[13:10:41] <winmax100> exit @2085.75 +2.25
[13:53:17] <wrbtrader> now I know why they didn't give me the feel @ 1194.60
[13:53:20] <wrbtrader>
[13:53:40] <wrbtrader> it was only 3 contracts
[13:53:42] <wrbtrader> geeesh
[14:00:13] <wrbtrader> Emini TF near the R area of its most recent Up WRB Hidden GAP interval 3min chart
[14:04:08] <wrbtrader> Long Emini TF @ 1195.40 -> small size
[14:04:20] <wrbtrader> 2+2 contracts
[14:04:42] <wrbtrader> tough to get in for some reason around 1194.50
[14:13:49] <wrbtrader> Exited all Emini TF Long @ 1194.70 --> - 0.7
[14:14:24] <wrbtrader> Emini TF below the R area
[14:23:38] <wrbtrader> Long Emini TF @ 1194.40 -> medium size
[14:23:47] <wrbtrader> re-entry
[15:12:15] <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 [15:12:47] <wrbtrader> I'm starting to lose my patience on this Long position
[15:38:34] <wrbtrader> Exited all Emini TF Long @ 1196.40 --> + 2
[15:39:00] <wrbtrader> trail pick pocketed
[15:41:22] <wrbtrader> Emini TF futures just retraced its most recent Up WRB Hidden GAP interval after reaching another WRB HG pt level via 3min chart
[16:09:14] <wrbtrader> Take care all, have a nice weekend and see all on Monday.
[20:34:39] * Disconnected
Session Close: Fri Nov 06 20:34:39 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