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 click on the above image to view today's price action of key markets Session Start: Thu Jan 28 07:03:23 2016
Session Ident: ##TheStrategyLab
[07:03:23] * Now talking in ##TheStrategyLab
[07:03:23] * 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'[07:03:23] * Set by wrbtrader on Fri Dec 26 09:39:03 2014
[07:03:23] ##TheStrategyLab url is
http://www.thestrategylab.com/tsl/forum/[09:30:13] <Tigerman_____> good morning all
[09:31:15] <mtntrader__> GM
[09:31:41] <platform115> morning folks
[09:31:48] <patrader> good morning all
[09:35:28] <Tigerman_____> mixed trends
[09:36:21] <platform115> Also Pending Home Sales Index KME at 10am
[09:36:54] <Tigerman_____> yep plus gas news 10:30am
[09:37:34] <Tigerman_____> still some sell pressure from yesterday
[09:41:00] <platform115> Short ES 1889.50
[09:44:50] <platform115> Covered ES 1891 -1.5
[09:45:49] <platform115> Short ES 1892
[09:46:19] <wrbtrader> Long Emini ES @ 1892.75 -> large size
[09:46:28] <wrbtrader> 10 contracts
[09:47:30] <wrbtrader> Exited all Emini ES Long @ 1892.50 --> - 0.25
[09:49:06] <wrbtrader> Long Emini ES @ 1890.25 -> large size
[09:49:13] <wrbtrader> re-entry
[09:51:20] <platform115> Covered ES 1893.5 -1.5
[09:51:28] <wrbtrader> Exited all Emini ES Long @ 1893.50 --> + 3.25
[09:59:08] <Senge> KME
[09:59:43] <Senge> Pending Home Sales Index @ 10am
[10:14:26] <platform115> Short ES 1881.25
[10:18:16] <platform115> Cover ES 1880 +1.25, moving too slow
[10:18:24] <platform115> oops
[10:18:52] <Senge> Bearish Strong Continuation #1 WRB Zone (Chpt. 2) on ES 3 min.
[10:25:49] <patrader> Pending KME @ 10:30 AM EST- Gas Storage
[10:31:26] <platform115> Short ES 1871.50
[10:34:26] <platform115> Cover ES 1867.75 +3.75
[10:34:39] <platform115> exited too early again
[10:44:28] <platform115> Short ES 1874.75
[10:47:01] <wrbtrader> Shorts Emini ES @ 1874.50 -> large size
[10:47:11] <wrbtrader> 10 contracts
[10:48:21] <wrbtrader> Covered all Emini ES Short @ 1874.00 --> + 0.5
[10:48:41] <wrbtrader> 2nd small snapback in less than 3mins
[10:48:55] <platform115> Covered ES 1875.75 -1
[10:53:04] <wrbtrader> Shorts Emini ES @ 1877.00 -> large size
[10:53:18] <wrbtrader> re-entry (intuition)
[10:55:13] <wrbtrader> Covered all Emini ES Short @ 1874.25 --> + 2.75
[10:55:29] <wrbtrader> WRB pt1 reached
[11:11:53] <mtntrader__> Long ES 1884.50
[11:12:56] <mtntrader__> Out at scratch
[11:16:22] <wrbtrader> Shorts Emini ES @ 1882.75 -> small size
[11:16:35] <wrbtrader> 5 contracts
[11:16:57] <wrbtrader> something doesn't feel right about this price action...reason why I lowered my position size
[11:18:06] <wrbtrader> Covered all Emini ES Short @ 1884.75 --> - 2
[11:19:23] <Senge> Price is at R level of Down WRB HG, ES 15 min.
[11:19:42] <wrbtrader> Shorts Emini ES @ 1884.00 -> small size
[11:19:48] <Tigerman_____> sh es 83.75
[11:19:51] <wrbtrader> re-entry
[11:19:52] <Tigerman_____> small
[11:20:18] <wrbtrader> Its trying to go range bound
![sad :(](./images/smilies/icon_chatsad.gif)
[11:20:34] <wrbtrader> That's what I started sensing
[11:20:46] <Senge> I think it wants to fill this GAP.
[11:22:01] <wrbtrader> Covered all Emini ES Short @ 1883.50 --> + 0.5
[11:22:33] <Tigerman_____> exit all 83.50 +1t
[11:22:45] <Tigerman_____> price too glued here
[11:33:24] <platform115> Short ES 1878.50
[11:35:07] <platform115> Covered 1877.75 +.75 Late exit
[11:39:15] <kadtje> Long Emini NQ @ 4144.00
[11:42:03] <kadtje> Exited all Emini NQ Long @ 4141.00 --> - 3
[11:47:15] <kadtje> Shorts Emini NQ @ 4137.25
[11:47:26] <kadtje> Covered all Emini NQ Short @ 4133.25 --> + 4
[11:48:39] <t4n> kind of melted down slowly
[12:21:43] <mtntrader__> Long ES 1882.00
[12:23:34] <mtntrader__> Covered all 1884.25, +2.25
[12:24:51] <platform115> 2m
[12:24:59] <platform115> sorry, wrong window
[12:33:33] <Tigerman_____> take care all see next time
[12:41:41] <platform115> Short ES 1889
[12:42:32] <platform115> Covered ES 1991 -2
[12:44:45] <platform115> Short ES 1890
[12:47:21] <platform115> Covered 1889.5 +5 it's too slow
[12:47:29] <platform115> correction +.5
[12:52:07] <winmax100> short es@1980.75
[12:52:09] <platform115> Short ES 1889.75
[12:53:27] <platform115> Covered 1887.25 +2.5 WRB pt1 reached
[13:00:39] <winmax100> exit @1887 +3.75
[13:01:19] <kadtje> Shorts Emini NQ @ 4175.00
[13:02:01] <kadtje> Covered all Emini NQ Short @ 4168.25 --> + 6.75
[13:19:44] <kadtje> Shorts Emini NQ @ 4162.00
[13:19:57] <kadtje> Covered all Emini NQ Short @ 4159.00 --> + 3
[13:24:54] <kadtje> brb
[13:30:13] <wrbtrader> just got back
[13:30:55] <wrbtrader> Hopefully I didn't miss a lot
[13:58:46] <wrbtrader> increasing volatility
[13:59:58] <wrbtrader> Shorts Emini ES @ 1881.50 -> large size
[14:00:08] <wrbtrader> 10 contracts
[14:01:00] <wrbtrader> Covered all Emini ES Short @ 1882.25 --> - 0.75
[14:02:08] <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.
[14:06:06] <wrbtrader> Long Emini ES @ 1888.00 -> large size
[14:06:17] <wrbtrader> 10 contracts
[14:06:58] <wrbtrader> price action sneaky for the past 10 minutes
[14:10:09] <wrbtrader> Exited all Emini ES Long @ 1889.50 --> + 1.5
[14:10:49] <wrbtrader> Shorts Emini ES @ 1888.25 -> large size
[14:10:55] <wrbtrader> 10 contracts
[14:11:11] <wrbtrader> prior trade was an early exit (no WRB pt1)
[14:18:49] <wrbtrader> Emini ES futures
![Boxing fighting](./images/smilies/emoticonboxing.gif)
too hard
![sad :(](./images/smilies/icon_chatsad.gif)
[14:19:02] <wrbtrader> finally
[14:19:16] <wrbtrader> WRB pt1 reached
[14:21:05] <wrbtrader> Covered all Emini ES Short @ 1887.50 --> + 0.75
[14:21:15] <wrbtrader> trail pick pocketed
[14:48:54] <wrbtrader> Shorts Emini ES @ 1886.50 -> large size
[14:48:59] <wrbtrader> re-entry
[14:53:11] <wrbtrader> WRB pt1 reached
[14:58:22] <wrbtrader> Covered all Emini ES Short @ 1885.75 --> + 0.75
[14:59:22] <wrbtrader> price action fought its way back upwards to retest the S area on the Down WRB HG interval on the 3min chart
[14:59:34] <wrbtrader> early exit on the trade
[15:00:00] <wrbtrader> I simply ran out of time and can't look for an area to reshort this again
[15:00:10] <wrbtrader> Take care all and see all tomorrow
[15:00:50] <kadtje> take care wrb
[15:01:33] <platform115> thanks wrbtrader
[15:36:44] <TradeSnake______> Long YM @ 15997
[15:38:13] <TradeSnake______> Covereed 1/2 @ 16007 --> +10
[15:42:13] <kadtje> hand all
[15:42:42] <TradeSnake______> Covered 1/2 @ 15999 --> +2
[20:16:39] * Disconnected
Session Close: Thu Jan 28 20:16:39 2016
-------------------------
##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](http://www.thestrategylab.com/images/OrangeBullet4.png)
CME Emini Futures EMD, ES and NQ
![Image](http://www.thestrategylab.com/images/OrangeBullet4.png)
ICE Emini TF Futures (formerly CME ER2)
![Image](http://www.thestrategylab.com/images/OrangeBullet4.png)
CBOT mini-sized Dow Futures YM
![Image](http://www.thestrategylab.com/images/OrangeBullet4.png)
Eurex Index Derivatives (futures) DAX and DJ Euro Stoxx50
![Image](http://www.thestrategylab.com/images/OrangeBullet4.png)
Eurex Fixed Income Derivatives (futures) BUND, BOBL and Schatz
![Image](http://www.thestrategylab.com/images/OrangeBullet4.png)
Euronext Futures FTSE-100 and CAC-40
![Image](http://www.thestrategylab.com/images/OrangeBullet4.png)
CME Futures EuroFX 6E and EC
![Image](http://www.thestrategylab.com/images/OrangeBullet4.png)
Treasury Futures T-Notes ZT, ZN, ZF and T-Bonds ZB
![Image](http://www.thestrategylab.com/images/OrangeBullet4.png)
Forex Currencies Gbp/Usd, Eur/Usd, Eur/Yen, Usd/Cad, Xau/Usd and Xag/Usd
![Image](http://www.thestrategylab.com/images/OrangeBullet4.png)
Exchange Traded Funds VXX, DIA, IWM, QQQ, SPY, BGU, FAS, FAZ, TNA, OIH, XLE and GLD
![Image](http://www.thestrategylab.com/images/OrangeBullet4.png)
NYMEX Energy Futures Light Crude Oil CL, Brent Crude Oil BRN, e-miNY QM and Natural Gas NG
![Image](http://www.thestrategylab.com/images/OrangeBullet4.png)
COMEX Metal Futures Gold GC, mini-Gold YG, Copper HG and Silver SI
![Image](http://www.thestrategylab.com/images/OrangeBullet4.png)
S&P CNX NIFTY Futures
![Image](http://www.thestrategylab.com/images/OrangeBullet4.png)
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://www.thestrategylab.com/images/twitter_followus1.png)
@
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