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 Post subject: May 13th Friday - Futures, Forex, Stocks and ETF
 Post Posted: Fri May 13, 2016 3:26 pm 
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Joined: Tue Dec 16, 2008 1:02 am
Posts: 3326
Location: Canada
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.

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:
051316-Key-Price-Action-Markets.png
051316-Key-Price-Action-Markets.png [ 1.15 MiB | Viewed 310 times ]

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

Session Start: Fri May 13 00:00:01 2016
Session Ident: ##TheStrategyLab
[01:33:17] * /channel: not connected to server
[09:21:13] * Attempting to rejoin channel ##TheStrategyLab
[09:21:18] * Rejoined channel ##TheStrategyLab
[09:21:18] * 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'
[09:21:18] * Set by wrbtrader on Fri Dec 26 09:39:03 2014
[09:21:19] ##TheStrategyLab url is http://www.thestrategylab.com/tsl/forum/
[09:33:23] <wrbtrader> Good morning all
[09:33:36] <mtntrader____> Morning
[09:33:49] <irza> gm
[09:34:34] <werner> hi all
[09:38:45] <wrbtrader> Long Emini ES @ 2059.75 -> large size
[09:38:52] <wrbtrader> 10 contracts
[09:42:30] <irza> wbr tgt nice
[09:43:11] <wrbtrader> WRB pt1 reached but I'm having analysis problems about a possible WRB pt2
[09:47:07] <wrbtrader> Exited all Emini ES Long @ 2063.00 --> + 3.25
[09:47:36] <wrbtrader> I can always re-entry if volatility picks up again
[09:51:17] <mtntrader____> KME at top of the hour
[09:51:32] <mtntrader____> Consumer Sentiment
[09:53:36] <wrbtrader> Emini ES futures back below yesterday's regular session close
[09:53:57] <wrbtrader> on increasing volatility
[09:58:07] <wrbtrader> Shorts Emini ES @ 2057.75 -> small size
[09:58:13] <wrbtrader> 5 contracts
[09:58:46] <wrbtrader> There's been some hype in the financial media and on social media about this 1000am KMEs
[09:59:20] <wrbtrader> Lower my position size just in case some crazy fast pace chop show up that I can not manage
[10:00:50] <wrbtrader> Covered all Emini ES Short @ 2058.25 --> - 0.5
[10:01:20] <irza> Shorts Emini ES @ 58.5
[10:02:12] <wrbtrader> crazy chop
[10:02:35] <wrbtrader> Shorts Emini ES @ 2057.75 -> small size
[10:02:43] <wrbtrader> re-entry
[10:03:08] <irza> TGT 54
[10:05:53] <wrbtrader> Covered all Emini ES Short @ 2059.50 --> - 1.75
[10:06:43] <irza> stop above 4pm close cash
[10:07:07] <wrbtrader> Shorts Emini ES @ 2056.75 -> large size
[10:07:17] <wrbtrader> correction...
[10:07:36] <wrbtrader> Shorts Emini ES @ 2058.75 -> large size
[10:07:42] <wrbtrader> 10contracts
[10:07:56] <wrbtrader> 2056.75 is my WRB pt1 target
[10:08:14] <irza> lower stop to 60
[10:08:25] <wrbtrader> Its there now...analyzing to see if it can have a chance for a WRB pt2
[10:08:48] <wrbtrader> volatility needs to hold without that fast chop
[10:08:55] <irza> should hit 54
[10:08:58] <irza> after that i dunno
[10:09:36] <irza> 2' valid WRB? 1008 bar
[10:10:25] <irza> shouldn't say should, better word is statistically good odds for 54 lol
[10:10:31] <wrbtrader> Yes and that WRB may become a WRB Hidden GAP interval
[10:10:39] <irza> cool tx
[10:10:47] <wrbtrader> It just did on the 2min chart
[10:10:48] <irza> Covered 1/2 Emini ES Short @ 54.25 --> + 4.25
[10:11:14] <irza> yep
[10:11:42] <wrbtrader> Holding to see if I can catch 2 ticks more to compensate for that first losing Short that I mismanage with a stop too tight
[10:11:55] <irza> cool
[10:13:15] <irza> wanting 52
[10:13:18] <irza> not sure if i can get it
[10:13:32] <TradeSnake______> Long GC @ 1267.8
[10:14:21] <irza> exit stop moved to breakeven Emini ES @ 58.25
[10:14:44] <werner> Long Emini NQ @ 4343.00
[10:16:05] <irza> Open as R
[10:16:12] <irza> hopefully no fakes above Open
[10:16:15] <werner> Exited all Emini NQ Long @ 4345.25 --> + 2.25
[10:16:20] <irza> and smooth move down to 52 lol
[10:16:29] <wrbtrader> The brief retracement retested the S area of the WRB pt1
[10:16:43] <wrbtrader> 2056.25
[10:16:49] <irza> same 2' interval right?
[10:16:57] <wrbtrader> Yep
[10:17:08] <irza> k, think you use 2' heavily :)
[10:17:30] <irza> just a guess, but i know u have 1, 2, 3, 5 up
[10:18:31] <irza> Shorts Emini ES @ 57 -> Add
[10:19:06] <wrbtrader> Covered all Emini ES Short @ 2057.50 --> + 1.25
[10:19:45] <irza> exit stop raised Emini ES @ 59
[10:20:01] <wrbtrader> not a good area for my stop because its in the middle of the prior fast choppy price action just before the volatility spike downwards :(
[10:20:41] <irza> i could be wrong
[10:20:46] <irza> not acting right
[10:21:30] <irza> exit stop raised Emini ES @ 58.5
[10:21:42] <irza> all exits 52 if it works
[10:21:48] <trader1453> long es 5650
[10:22:03] <wrbtrader> FYI - Early last year we had someone in here broadcasting my trades out of here to other social media resources. For the record...nobody has my permission to do such.
[10:22:08] <TradeSnake______> Short YM @ 17650
[10:22:27] <TradeSnake______> Covered YM @ 17640 --> +10
[10:24:48] <wrbtrader> Shorts Emini ES @ 2056.75 -> large size
[10:24:59] <wrbtrader> 10 contracts
[10:25:02] <wrbtrader> re-entry
[10:26:09] <wrbtrader> This price area is starting to develop into a problematic price area
[10:26:14] <irza> Covered all Emini ES Short @ 58 --> - 0.5
[10:26:58] <wrbtrader> Algos fighting Algos
[10:27:13] <irza> looks like i got fool
[10:27:14] <irza> oh well
[10:27:15] <irza> lol
[10:27:30] <wrbtrader> Covered all Emini ES Short @ 2056.25 --> + 0.5
[10:28:00] <wrbtrader> spooked out early because of the algo chop
[10:28:27] <wrbtrader> sideline...will just watch for awhile
[10:30:02] <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.
[10:31:09] <irza> how important is the closing bar in the interval you are trading?
[10:33:32] <wrbtrader> not sure I understand the question
[10:34:16] <irza> e.g. 2' bar closes in 20s from now
[10:34:27] <wrbtrader> I do a lot of measurements via the closing bar against prior price actions to help determine if something qualifies as a WRB Zone
[10:34:29] <irza> the bar close
[10:35:09] <irza> k
[10:35:13] <irza> makes sense
[10:35:25] <wrbtrader> Shorts Emini ES @ 2055.25 -> large size
[10:35:34] <wrbtrader> 10 contracts
[10:35:44] <wrbtrader> intuition trade
[10:35:48] <wrbtrader> first one of the day
[10:35:55] <trader1453> short audusd 72595
[10:36:02] <wrbtrader> not looking good :(
[10:36:21] <trader1453> tp 7233, stop 72816
[10:39:17] <wrbtrader> Crude Oil just attempted to push hard back upwards
[10:39:39] <wrbtrader> Forex EurUsd and GbpUsd currencies still weak
[10:40:12] <irza> looking better
[10:40:50] <wrbtrader> Covered all Emini ES Short @ 2054.75 --> + 0.5
[10:41:01] <wrbtrader> Houdine Escape...first one of the day :)
[10:41:14] <wrbtrader> I was lost in the woods on that trade
[10:42:26] <irza> Shorts Emini ES @ 55.75
[10:42:29] <mtntrader____> Just chop in the ES down here now.
[10:42:35] <irza> stop 57
[10:42:43] <irza> TGT 52
[10:44:18] <irza> Covered 1/2 Emini ES Short @ 52 --> + 3.75
[10:44:33] <irza> exit stop raised Emini ES @ 55.5
[10:44:33] <mtntrader____> Nice irza
[10:44:37] <trader1453> out es -4
[10:44:57] <irza> 2' WRB
[10:45:06] <wrbtrader> Looks like (in hindsight)...they just chopped it up to grabbed enough until they just let it drop :(
[10:45:26] <irza> Opening range extension 1 reached
[10:45:51] <irza> no clue if they want to force the PLOD stops
[10:46:03] <irza> PLOD = prior day low
[10:46:25] <irza> my weakness is that i tend to hold too long lol
[10:46:36] <irza> so the other 1/2 most likely BEs
[10:48:10] <irza> yep should had done all out at 52
[10:48:11] <irza> oh well
[10:48:54] <irza> trailing stop via 5' bar highs, lets see how far it takes me lol
[10:50:09] <irza> in 5' this is the 3rd WBR aka PT3?
[10:50:53] <irza> is that how we count the WBRs PT#?
[10:51:22] <irza> 5' 955, 1010, 1045
[10:51:55] <irza> Covered all Emini ES Short @ 54.25 --> + 1.5
[10:52:31] <wrbtrader> Yeah...WRB's below each other and if there's 3 of them...its a WRB pt3
[10:53:06] <irza> k thanks, making sure i'm on the same page with your older members :)
[10:58:26] <werner> Shorts Emini NQ @ 4339.75
[10:59:23] <werner> Covered all Emini NQ Short @ 4338.00 --> + 1.75
[11:00:35] <irza> first UP WRB 2' 1052
[11:00:46] <TradeSnake______> Covered GC @ 1273.0 --> +5.2
[11:00:59] <werner> Long Emini NQ @ 4340.50
[11:01:15] <TradeSnake______> pt. 3 reached
[11:01:30] <werner> Exited all Emini NQ Long @ 4343.50 --> + 3
[11:01:36] <irza> nice guys
[11:01:44] <TradeSnake______> 2
[11:01:44] <werner> wow fast one
[11:02:14] <irza> ya missed that one
[11:02:35] <irza> around 55.25
[11:07:52] <trader1453_> adding audusd short 72685
[11:07:54] <wrbtrader> Long Emini ES @ 2058.75 -> small size
[11:08:01] <wrbtrader> 5 contracts
[11:08:21] <wrbtrader> price action back inside the price area of a prior difficult choppy price area
[11:08:30] <wrbtrader> reason why I lowered my position size on this trade
[11:09:25] <irza> soh here
[11:09:30] <irza> missed that long
[11:12:04] <wrbtrader> Exited all Emini ES Long @ 2059.25 --> + 0.5
[11:12:22] <wrbtrader> still difficult...volatility fighting the chop
[11:13:41] <mtntrader____> Houdini #2?
[11:13:57] <irza> how do u know to get out so fast
[11:14:00] <irza> without getting harmed
[11:14:27] <irza> is there a way to watch the pacing of the bars?
[11:14:31] <irza> like anticipate the slow down?
[11:17:49] <irza> great recognition of the chop
[11:18:39] <wrbtrader> Chop scares me out of trades
[11:19:00] <wrbtrader> Another trade signal in the opposite direction scares me out of trades
[11:19:48] <wrbtrader> Shallow (small) WRB pt1 scares me out of trades
[11:19:58] <werner> nq @ res zone
[11:20:23] <wrbtrader> Realizing a trade is via incorrect analysis AFTER entry...scares me out of trades
[11:20:42] <werner> :( mist the short
[11:23:13] <werner> Long Emini NQ @ 4352.00
[11:25:41] <werner> mm diner here...dam
[11:26:21] <werner> Exited all Emini NQ Long @ 4353.00 --> + 1
[11:26:31] <werner> brb
[11:30:11] <irza> looking good for maybe 67?
[11:30:34] <irza> tricky
[11:33:24] <irza> http://i.imgur.com/816C2U1.png
[11:33:40] <irza> curious if this is how we should be counting WRBs/WRB HG
[12:13:27] <irza> Long Emini ES @ 56.25 -> small size
[12:26:09] <irza> exit stop raised Emini ES @ 55
[12:35:18] <werner> Shorts Emini NQ @ 4352.00
[12:36:23] <werner> Covered all Emini NQ Short @ 4350.25 --> + 1.75
[12:38:18] <werner> Shorts Emini NQ @ 4352.50
[12:39:23] <werner> Covered all Emini NQ Short @ 4348.00 --> + 4.5
[12:39:46] <irza> Exited all Emini ES Long @ 56.5 --> + 0.25
[12:40:02] <irza> Shorts Emini ES @ 56.5
[12:41:22] <irza> aiming for RTH session Uptrendine
[12:43:14] <werner> Shorts Emini NQ @ 4345.25
[12:44:17] <irza> Covered 1/2 Emini ES Short @ 54.5 --> + 2
[12:44:26] <irza> 2' WRB PT1 reached
[12:45:10] <werner> Covered all Emini NQ Short @ 4340.50 --> + 4.75
[12:46:58] <irza> exit stop raised Emini ES @ 59
[12:55:10] <wrbtrader> Shorts Emini ES @ 2054.50 -> small size
[12:55:18] <wrbtrader> 5 contracts
[12:55:40] <wrbtrader> Price action very slow this afternoon so far
[12:58:26] <werner> Shorts Emini NQ @ 4340.50
[12:59:06] <wrbtrader> WRB pt1 reached
[12:59:12] <werner> Covered all Emini NQ Short @ 4337.50 --> + 3
[12:59:47] <werner> but i think its go lower
[12:59:56] <wrbtrader> Covered all Emini ES Short @ 2052.75 --> + 1.75

Session Start: Fri May 13 13:10:08 2016
Session Ident: ##TheStrategyLab
[13:10:08] * Now talking in ##TheStrategyLab
[13:10:08] * 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'
[13:10:08] * Set by wrbtrader on Fri Dec 26 09:39:03 2014
[13:10:10] ##TheStrategyLab url is http://www.thestrategylab.com/tsl/forum/
[13:10:26] <wrbtrader> Freenode kicked me off :)
[13:10:50] <wrbtrader> I guess it didn't like some script coding I was doing in my ChanServ :)
[13:14:54] <irza> feel my stop is too close to see my thesis play out
[13:15:01] <irza> exit stop raised Emini ES @ 59
[13:16:24] <irza> did u write the mirc script for trading calls?
[13:16:41] <irza> it works great, loving it
[13:16:48] <wrbtrader> Yes but I learned it from an expert script writer
[13:18:29] <wrbtrader> The problem is each server operates differently
[13:18:53] <irza> how many servers are in freenode?
[13:19:02] <wrbtrader> Thus, some of the scripts that I designed and that works on FinancialChat server and Othernet server...they do not work on the Freenode servers
[13:19:11] <irza> oh
[13:19:19] <wrbtrader> and vice versa
[13:25:05] <werner> late call
[13:25:14] <irza> Covered all Emini ES Short @ 50.50 --> + 6
[13:25:27] <werner> Shorts Emini NQ @ 4339.00
[13:25:46] <werner> Covered all Emini NQ Short @ 4337.50 --> + 1.5
[13:25:52] <TradeSnake______> Nice one irza!
[13:25:59] <irza> tx
[13:26:08] <irza> learning alot here
[13:26:24] <wrbtrader> Nice trade
[13:26:24] <irza> incorporating wrbs into my trading
[13:28:44] <werner> bbl
[13:29:24] <wrbtrader> That's what this chat room is about...there's no direct education in this room. Just real trading commentary that "indirectly" educates without someone saying to do this and do that.
[13:29:38] <irza> nothing to be excited about, as i'm not trading 10 cars or 20...more respect goes to WRBtrader
[13:29:51] <irza> but i look forward to it
[13:29:59] <wrbtrader> No spamming in here, no sales pitch
[13:31:10] <wrbtrader> irza...I took many many years to get over a psychological barrier to be able to trade above 5 contracts
[13:31:31] <irza> yea currently hitting that barrier
[13:31:37] <irza> everytime i move up
[13:31:42] <irza> performance degrades
[13:31:53] <irza> then i reduce again
[13:31:55] <irza> lol
[13:32:06] <wrbtrader> I couldn't do it for a very long time even though I had the account size for such...I would freak out and make stupid trade errors whenever I went above 5 contracts.
[13:32:31] <irza> exactly the trade errors
[13:32:35] <wrbtrader> I really don't know how I got over that barrier but one day I just found myself trading normally with 10 contracts
[13:32:47] <irza> nice man
[13:33:01] <irza> guess ur next barrier is to hit 100 cars
[13:33:02] <irza> hehe
[13:33:06] <wrbtrader> Yet, it took many years to get to that point
[13:33:14] <wrbtrader> No :)
[13:34:12] <irza> previous day low at 48.5
[13:34:14] <wrbtrader> We use to have a few guys in here doing 30 - 50 contracts
[13:34:20] <irza> wow nice
[13:34:35] <wrbtrader> There's someone that currently does such but he keeps it to his private thread at the forum
[13:34:42] <wrbtrader> He doesn't like the chat room
[13:34:49] <irza> makes sense
[13:35:56] <wrbtrader> Chat rooms aren't a favorite thing for most...
[13:36:33] <wrbtrader> I'm guessing only about 3% of the members use the chat room while about 70% are active in using their private threads at the forum
[13:36:51] <irza> cool
[13:41:09] <TradeSnake______> Long GC @ 1273.5
[13:41:25] <irza> curious what kind of surprises ES is setting us up for
[13:49:52] <wrbtrader> Shorts Emini ES @ 2048.25 -> small size
[13:50:01] <wrbtrader> 5 contracts
[13:50:37] <wrbtrader> I didn't think that would get filled...it looked like it was going to run upwards for about 10 seconds
[13:50:51] <wrbtrader> WRB pt1 reached
[13:50:57] <wrbtrader> unexpected volatility
[13:51:51] <wrbtrader> volatility spike
[13:52:18] <wrbtrader> Covered all Emini ES Short @ 2044.75 --> + 3.5
[13:52:48] <irza> nice WRB pt2
[13:53:49] <wrbtrader> Must be the closing of one of the exchanges
[13:55:01] <wrbtrader> I don't see any news story on stocktwits.com
[13:55:08] <wrbtrader> not yet
[13:56:17] <wrbtrader> Too bad I've felt a little uncomfortable with the price action this afternoon...preventing me from pushing some decent size
[13:56:49] <wrbtrader> The 3.5 points on some size would have been a big trade for me considering its the afternoon trading session
[13:59:50] <wrbtrader> I'm going to call it quits here early and get a little rest...got a big night out with the kids
[14:00:08] <wrbtrader> Take care all, have a safe/good weekend and see all on Monday
[14:00:14] <irza> likewise, thanks
[14:22:27] <TradeSnake______> Covered GC @ 1276.0 --> +2.5
[14:36:50] <werner> back
[14:42:53] <irza> wow
[14:43:03] <irza> a new week low soon?
[14:43:11] <irza> or will the bots defend it
[14:48:06] <werner> mm looks like a new week lod....but i look it from day to day :)
[14:51:20] <werner> nq is the best today
[14:51:39] <werner> so lets see...
[14:52:45] <irza> actually today ES made more compared to NQ
[14:53:38] <irza> -1.101% NQ vs -1.177% ES (peak to next peak)
[14:54:19] <irza> ES $1200 per contract vs NQ $950
[14:54:34] <irza> but past few days NQ was winning lol
[14:54:50] <werner> hihi
[14:55:09] <werner> but i think nq is better to read
[14:55:27] <werner> i mean candles
[14:55:31] <irza> i used to trade NQ too
[14:55:36] <irza> but find it easier to read ES lol
[14:56:04] <irza> either way, gotta trade what we feel is easiest to read lol
[14:56:30] <werner> yep
[15:01:30] <irza> how does the 4pm rush hour work, werner?
[15:01:32] <irza> do u know
[15:02:10] <irza> does it work the same on Friday?
[15:04:28] <werner> rush hour?...you mean ...lunch zone in the us?
[15:05:01] <irza> no, wrbtrader mentioned a few times about a trade or edge at 4pm
[15:05:50] <irza> he calls it rush hour sometimes
[15:07:11] <werner> mmm i dont no..i think we call it dead zone here ...
[15:07:57] <werner> when the us go to lunch
[15:08:22] <irza> oh ok
[15:08:38] <werner> i am from holland :)
[15:08:51] <irza> nice
[15:10:14] <werner> Shorts Emini NQ @ 4318.25
[15:15:59] <werner> Covered all Emini NQ Short @ 4320.00 --> - 1.75
[15:17:35] <werner> Long Emini NQ @ 4321.00
[15:18:38] <werner> Exited all Emini NQ Long @ 4325.50 --> + 4.5
[15:18:47] <irza> nice recovery
[15:19:20] <werner> tx
[15:21:52] <werner> res nq here imo
[15:22:22] <werner> 2'
[15:26:06] <werner> Shorts Emini NQ @ 4324.00
[15:28:10] <werner> Covered all Emini NQ Short @ 4322.25 --> + 1.75
[15:29:51] <irza> Shorts Emini ES @ 42.5
[15:32:08] <werner> Shorts Emini NQ @ 4323.25
[15:32:26] <werner> intuition
[15:37:01] <werner> Covered all Emini NQ Short @ 4324.50 --> - 1.25
[15:37:06] <irza> Covered all Emini ES Short @ 42.75 --> - 0.25
[15:37:14] <irza> calling it day
[15:37:18] <irza> pushing my luck now
[15:37:39] <werner> :)
[15:37:44] <irza> enjoy the weekend werner
[15:37:55] <werner> you to
[15:38:03] <mtntrader____> See y irza
[15:38:14] <irza> later mtn
[15:39:54] <werner> Shorts Emini NQ @ 4326.00
[15:40:47] <werner> 0,2 Covered Emini NQ Short @ 4325.50 --> + 0.5
[15:40:47] <werner> 0,3 Reverse and Enter Long Emini NQ @ 4325.50
[15:41:30] <werner> Exited all Emini NQ Long @ 4327.50 --> + 2
[15:44:53] <werner> done ...gn all
[15:46:06] * Retrieving ##TheStrategyLab modes...
[16:25:02] * Disconnected
Session Close: Fri May 13 16:26:15 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 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


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